A lot of rappers like flexing the racks they spend on the finer things in life like cars and jewelry but rarely do fans get insight on the steep bills that come with such lavish lifestyles. Well, Lil Yachty is making his own lane and opening up about his cost of living.
Chatting with Gillie Da Kid and Wallo267 from Barstool's Million Dollaz Worth of Game, Yachty revealed that he spends $52,000 per month on bills related to his homes, staff, exotic cars and insurance. Got damn!
Sheesh: "Let's say I got $13 million in the bank, right?" he said. "If my overhead is $52,000 every month because of my houses, and my staff and cars and insurance and all these things I take care of and all these people, that $13 [million] will run down. Because that's just the bills. I still like to live. I'm still a rapper. I still wanna go to nice dinners, fly my girl out, go to see my girl."
Yachty continued, explaining the importance of having multiple streams of income, especially when living like him. "You have to be making money while you're sleeping. Never just have one source of income. Even if it's six figures.
"N****s could be making $200,000 a show, six shows a week, but that still should not be the only bag. And I think it's so dumb if you just let the money sit in the bank account."
Practicing what he's preaching, Yachty is churning out content. He just dropped a 2-in-1 freestyle over "No More Parties" and "Beat Box," which will help maintain, among other things, his unparalleled sneaker buying habit.
"I bought 23 pairs of shoes in the past week, lmao... I have a problem," he tweeted.
Say what? In the freestyle, Yachty makes a major claim that Kanye wanted to sign him when he was 18 years old, around the time he modeled for the Yeezy Season 3 fashion show at Madison Square Garden.
"I was only 18 years old when Kanye tried to sign me / N****s gangsters online ’til you see ’em named Mahatma Gandhi," he raps.