Megan Thee Stallion Net Worth

What Is Megan Thee Stallion's Net Worth?

Megan Thee Stallion is an American award-winning rapper who has a net worth of $40 million. Megan Thee Stallion, born Megan Jovon Ruth Pete, is an American rapper, singer, and songwriter who rose to fame in 2019 with her hit single "Hot Girl Summer." Her rapid ascent continued with chart-topping tracks like "Savage," which gained even more traction with a Beyoncé remix, and "WAP," her provocative collaboration with Cardi B. A Houston native, Megan honed her skills through freestyle videos and local performances, eventually gaining viral attention and a devoted fanbase.

In 2024, she began releasing music independently under her own label, Hot Girl Productions. Her third studio album, "Megan," debuted at No. 3 on the Billboard 200 and included her first solo No. 1 single, "Hiss." She followed that with "Megan: Act II," a deluxe expansion that featured new collaborations, including a track with RM of BTS.

To support the project, Megan launched the Hot Girl Summer Tour, her first major headlining world tour, which grossed over $40 million and sold out arenas across North America and Europe. In 2025, she expanded her brand into television and fashion—co-starring in the Apple TV+ series "KPOPPED," producing an anime series for Prime Video, and debuting her swimwear line, Hot Girl Swim, during Miami Swim Week.

Endorsements

In 2020, Megan Thee Stallion became a global brand ambassador for the cosmetics company Revlon. At the Super Bowl in February 2022, Megan appeared in an ad for Cheetos. She was reportedly paid $2 million to appear in the commercial. Megan was paid $1 million for a partnership with Popeyes. She also received a Popeyes franchise from the deal.

In 2022, Megan signed a $3 million deal with Time Inc. to produce a documentary based on her life. She also signed an exclusive first-look deal with Netflix to create and executive-produce new series and projects.

Other endorsements and commercials include campaigns for True Religion jeans, Amazon Prime Day, and Planet Fitness.

Rich Fury/Getty Images

Shooting Incident

In July 2020, Megan Thee Stallion announced that she had been shot multiple times by rapper Tory Lanez and that she had undergone surgery to remove the bullets. Although Lanez denied the claims, it was later revealed that he had bribed her to keep quiet about the incident. He was subsequently charged by LA County prosecutors and was issued a protective order requiring him to stay at least 100 yards away from Megan Thee Stallion. In December 2021, Tory was found guilty. He was later sentenced to ten years in prison.

1501 Lawsuit

In 2018, Megan became the very first female rapper to sign with Houston record label 1501 Certified Entertainment, which was started by baseball player Carl Crawford. She received a $50,000 advance from the deal. Years later, after she became a global sensation, Megan sued 1501 in a dispute over her royalties.

According to the lawsuit, details of which were leaked online, under the terms of her deal, 1501 is entitled to 50% of her publishing revenue, 60% of her royalties, and 30% of all revenue earned by Megan from touring and sponsorships. In counterclaims, 1501 asserted it is owed $10 million worth of profit-sharing income. In the dispute, Megan was represented by Jay-Z's Roc Nation, with which she signed in 2019. Megan and 1501 settled their lawsuit on amicable terms in October 2023.

Warner Music Group 2024 Masters Ownership

In February 2024, Megan signed a deal with Warner Music Group that allowed her to remain an independent artist while using the company's services for distribution, radio promotion, and marketing. Megan also received full ownership of her masters and publishing through the deal and will release all new music independently through her label, Hot Girl Productions.

(Photo by Leon Bennett/FilmMagic)

Early Life

Megan Thee Stallion was born Megan Jovon Ruth Pete on February 15, 1995, in San Antonio, Texas. Just after her birth, her family moved to Houston, where Pete was raised by her rapper mother, Holly, in the South Park neighborhood. At the age of 14, she and her mother moved to Pearland. There, Megan started writing raps of her own and attended Pearland High School. She subsequently enrolled at Prairie View A&M University.

While in college, Pete started uploading videos of her freestyle raps on social media, particularly on Instagram. After one of her videos went viral, she began to accumulate a significant following. Pete then adopted the stage name Megan Thee Stallion due to her being called a stallion in her adolescence on account of her height and thick body frame.

First Music Releases

Megan Thee Stallion released her first single, "Like a Stallion," in April 2016, showcasing her raw, confident delivery and Houston-rooted sound. She followed it in 2017 with the EP "Make It Hot," which included the regional hit "Last Week in HTx" and began to generate buzz on social media and in the Southern hip-hop scene. That same year, she released "Rich Ratchet," an unofficial mixtape that further built her grassroots following.

In early 2018, Megan signed with the independent Houston-based label 1501 Certified Entertainment, becoming their first signed female rapper. After a standout performance at SXSW in March, she released the 10-track EP "Tina Snow," introducing the world to her confident, alter ego persona. The project earned critical acclaim and featured the breakout track "Big Ole Freak," which later became her first entry on the Billboard Hot 100.

In November 2018, Megan signed with 300 Entertainment, making her the first female rapper signed to the label. By early 2019, "Big Ole Freak" climbed to #65 on the Billboard Hot 100, setting the stage for her major breakout. That spring, she released her mixtape "Fever," followed by the single "Hot Girl Summer" featuring Nicki Minaj and Ty Dolla $ign. Fueled by the viral success of the "Hot Girl" catchphrase, the song peaked at #11 on the Hot 100 and solidified her as a rising star in mainstream hip-hop.

Getty

Suga, Good News & Traumazine

In 2020, Megan released the single "Diamonds" (with Normani) from the Birds of Prey soundtrack before dropping her EP "Suga," which featured the singles "Captain Hook," "B.I.T.C.H.," and most notably, "Savage." The latter became a cultural phenomenon after going viral on TikTok, and its subsequent remix featuring Beyoncé propelled it to #1 on the Billboard Hot 100. "Savage" earned Megan widespread acclaim and opened the door to her first Grammy wins—Best New Artist, Best Rap Performance, and Best Rap Song—all in 2021.

Later that year, Megan scored another massive hit with Cardi B on "WAP," a sexually bold, unapologetic anthem that debuted at #1 on the Billboard Hot 100 and broke streaming records. That summer, she also released "Girls in the Hood," a reimagining of Eazy-E's classic West Coast track.

In November 2020, she released her long-awaited debut studio album, "Good News," which debuted at #2 on the Billboard 200. The album featured high-profile collaborations with DaBaby, Young Thug, City Girls, and Big Sean, and produced singles like "Body" and "Don't Stop." "Body" became another TikTok-driven hit, further expanding Megan's pop crossover appeal.

On August 12, 2022, Megan released her sophomore studio album "Traumazine," a darker, more personal project that reflected on grief, betrayal, mental health, and her experiences with fame. The album was praised for its vulnerability and emotional depth, signaling a new level of maturity in her songwriting. Tracks like "Plan B," "Anxiety," and "Her" showcased a shift toward introspection, while still maintaining her signature confidence and lyricism

Following "Traumazine" in 2022, Megan stepped back from music for a brief period to focus on her mental health, publicly acknowledging the emotional toll of her legal battles and the pressures of fame. In 2023, she reemerged with renewed focus and a drive for independence. She parted ways with her previous label and launched her own imprint, Hot Girl Productions, under which she began releasing new music as a fully independent artist.

In early 2024, she dropped the single "Cobra," a gritty, rock-influenced track that tackled depression, anxiety, betrayal, and self-preservation. It marked a bold sonic departure and set the tone for her third studio album, "Megan," released on June 28, 2024. The album featured a blend of defiant anthems, introspective lyricism, and high-energy club tracks, including the chart-topping hit "Hiss," her first solo No. 1 on the Billboard Hot 100. Critics praised "Megan" as her most cohesive and personal project to date.

In October 2024, she released "Megan: Act II," a deluxe expansion that included new collaborations with artists like Victoria Monét and RM of BTS, further diversifying her sound and global reach.

Megan supported the album with her first arena headlining run, the Hot Girl Summer Tour, which grossed over $40 million and cemented her as a top-tier live performer. In 2025, she continued to diversify her portfolio with acting roles, including a co-starring part in the Apple TV+ series "KPOPPED," an executive producer credit on an upcoming anime series for Prime Video, and her swimwear line Hot Girl Swim, which debuted at Miami Swim Week.

Other Collaborations

In addition to her solo success, Megan has remained one of the most sought-after collaborators in the industry. She appeared on Chance the Rapper's 2019 track "Handsome" from his debut album "The Big Day," and in 2021, she joined Ariana Grande and Doja Cat on the remix of "34+35," which climbed into the top 5 of the Billboard Hot 100. She also worked with Maroon 5 on "Beautiful Mistakes," contributed to DJ Snake's "SG" alongside Lisa from BLACKPINK and Ozuna, and teamed with Dua Lipa on the 2022 track "Sweetest Pie."

Between 2023 and 2025, Megan expanded her collaborative reach even further. In 2023, she joined Lil Durk on the remix of his hit "Pelle Coat" and collaborated with rising R&B artist Victoria Monét on "Late Night Bite," a sultry duet that received strong streaming numbers and critical praise. She also delivered a fiery guest verse on Beyoncé's "Cowboy Carter" remix of "Bodyguard," aligning once again with the fellow Houston native. In 2024, Megan featured on a bilingual reggaeton track with Karol G and Myke Towers, further cementing her crossover appeal.

As part of the "Megan: Act II" deluxe project, she collaborated with BTS's RM on the single "Mirrorball," marking her first entry into K-pop. She also appeared on the high-energy posse cut "Velvet Rope" alongside Cardi B and Ice Spice, which debuted in the top 20 and was widely seen as a unifying moment for three generations of female rap stars.

Style and Influences

Megan Thee Stallion has cultivated a stage persona characterized by confident, overt sexuality. In terms of her music, she is known for her explicit lyrics and wordplay. She cites among her musical influences Lil' Kim, Three 6 Mafia, and the Notorious B.I.G.

Personal Life

Influenced by her mother, who passed away in March 2019, Megan Thee Stallion decided to study health administration. She subsequently enrolled at Texas Southern University to resume her studies in the field.

On Instagram Live in February 2021, Megan Thee Stallion confirmed that she was in a relationship with fellow rapper Pardison Fontaine. She has six dogs: three French bulldogs, a Cane Corso, a pit bull, and a merle dog.

In July 2025, it was revealed that Megan was dating NBA player Klay Thompson.

Florida Mansion

In July 2021, Megan paid $6 million for a 7,600-square-foot mansion in Pinecrest, Florida. The property has a private lake in the backyard.

Who's Richer?

Megan
Thee Stallion

Compare!

Cardi
B