Megan Jovon Ruth Pete, also known as Megan Thee Stallion, was born in San Antonio, Texas, on February 15, 1995. Pete was raised by her rapper mother Holly in the South Park neighborhood of Houston shortly after her family relocated there.
She and her mother relocated to Pearland when she was 14 years old. Pete began creating her own raps there and went to Pearland High School. She then began attending Prairie View A&M University.
Pete began posting videos of her freestyle raps on social media during her time in college, especially on Instagram. After one of her videos went viral, she started to amass a sizable fan base.
After being referred to as a stallion as a teenager because of her height and a bulky build, Pete later used the stage name Megan Thee Stallion.
What is Megan Thee Stallion’s Net Worth?
Rapper Megan Thee Stallion, who has won numerous awards and amassed a net worth of $12 million, first gained notoriety through her freestyle rap videos posted on social media.
Megan Thee Stallion won three Grammys in March 2021 for Best Rap Song, Best Rap Performance, and Best New Artist.
With the 2019 mixtape “Fever,” the 2020 EP “Suga,” and her debut album “Good News,” all of which charted on the Billboard 200, she became well-known among the general public.
Her track “Hot Girl Summer” was the reason she first began to receive recognition on a global scale. She has big singles including “Savage” and “Body,” and she also appeared on Cardi B‘s smash “WAP.”
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Megan appeared in a Cheetos advertisement at the Super Bowl in February 2022. Her alleged fee for appearing in the commercial was $2 million.
Megan Thee Stallion shared on Instagram:
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Megan received $1 million in exchange for working with Popeyes. Along with it, she acquired a Popeyes franchise. Megan agreed to a $3 million deal with Time Inc. in 2022 to have a documentary about her life made.
2018 saw Megan sign with Houston record label 1501 Certified Entertainment as the first-ever female rapper. From the arrangement, she was given a $50,000 advance. Later, after she had gained international fame, Megan sued 1501 in an effort to get her royalties back.
In accordance with the terms of her contract, 1501 is entitled to 50% of her publication revenue, 60% of her royalties, and 30% of all money Megan makes from touring and sponsorships, according to the lawsuit, the contents of which were leaked online.
1501 claimed in counterclaims that it is owed $10 million in profit-sharing income. In the case, Megan is represented by Roc Nation, a 2019 signing with Jay-Z.
Megan spent $6 million buying a 7,600-square-foot mansion in Pinecrest, Florida in July 2021. A private lake is located on the property’s grounds.
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