Morgan Wallen has a net worth of $18 million as of 2024. Wallen has recently signed a multi-year deal with Spotify, boosting his wealth.
According to estimates, Wallen makes $1.2 million per concert, including sale of merchandise and tickets.
Morgan Wallen Net Worth 2024 (Forbes)
| Full Name | Morgan Cole Wallen |
| Height | 5′ 9″ (1.76 m) |
| Net Worth | $18 Million |
| Annual Income | $5 Million |
| Show Earnings | $600k per concert |
| Bank Balance | $1.9 Million |
Spending
Over the past year, Morgan Wallen has visited Las Vegas on six separate occasions. According to his friends, his combined losses from poker, gambling, and partying in the city have amounted to more than $1.4 million.
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Wallen doesn’t own a private jet, so he incurs monthly expenses in the hundreds of thousands of dollars for jet rentals. His annual expenditure on private jets totals $910,000.
House
Wallen resides in a lavish seven-bedroom mansion located in Los Angeles. He acquired this property from renowned Hollywood actor Jason Statham in 2020, at a purchase price of $3.2 million.
Wallen’s residence boasts an extensive array of amenities, including four-tier security measures, a well-appointed wine cellar, a gaming room, and a home theater with seating capacity for up to 25 guests.
Investments
Despite experiencing significant financial losses due to poker and extravagant parties, Morgan Wallen has managed to set aside a portion of his income, wisely channeling it into real estate investments.
Currently, he owns more than a dozen upscale apartments and villas situated in various locations, including California, New York, and Florida.
Collectively, the value of these real estate holdings stands at $2.6 million and account for 10% of Morgan Wallen’s net worth.
He chooses to rent out all of these properties, generating an annual rental income exceeding $800,000.
FAQs
Morgan Wallen earns $5 Million annually through his music and concerts. He is one of the richest music artists and singers in the world.
Morgan Wallen drives a Ford F-150 and a Chevy Corvette. He is also a huge admirer of the Lamborghini Urus.
No. Morgan Wallen had many girlfriends but did not tie the knot until now.
Morgan Wallen earns $600,000 per tour through his concerts across the world.