Richard Colson Baker, better known as Machine Gun Kelly (MGK), has an estimated net worth of $1.2 Million. The up and coming rapper from Cleveland started generating his net worth after striking a deal with Bad Boys Records, making him one of America's promising hip-hop/gangsta rap artists.
In his early life, the 21 year old live spent his first four years in Egypt, where he learnt to speak Arabic before learning English. The young MGK and his parents then moved to Germany, Chicago, LA, Denver and Ohio.
From the age of four, MGK – who gained his stage name because of his 'rapid-fire lyrical flow'- took a liking to rap music.
At the age of nineteen, MGK went to Harlem's Apollo Theatre where he had back-to back victories, making him the first rapper to ever win at the Apollo Theatre. The young hip-hop rapper had his first taste of fame on MTV2's Sucker Freestyle, where he performed versus from his material called, Chip Off The Block.
MGK then went on to release his debut mixtape, 100 Words and Running in February 2010. Nine months later MGK pumped out his second mixtape, Lace Up.
A month after releasing his first mixtape, MGK was all set to for his first big show at music festival, SXSW Music, in Texas. Sean Combes, better known as Diddy, was so impressed by MGK's performance that he was more than willing to sign up the budding rapper to his Bad Boy record label. This was the exposure that MGK needed to get his music heard.
Since MGK signed a two-album deal with Bad Boy Records (a joint venture with Interscope Records), he was featured on XV's song, Finally Home. There also plans to release his second mixtape "Laced Up" as his debut album in early 2012. Diddy, Travis Porter and Chip the Ripper will be working on the album.