Morgan Wallen’s Net Worth Surges Despite 2020 Controversy

Morgan Wallen net worth
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Morgan Wallen net worth
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Photo Credit: Spc. Robert Vicens for the US Army

Despite controversy and PR setbacks, Morgan Wallen’s net worth has only surged in recent years as one of the top performing country singer-songwriters in America.

Morgan Wallen has been on a continuous upward career trajectory that appears to only be increasing in recent years, despite controversy that may have led to major award shows snubs. The country singer-songwriter has gained prominence for his voice (initially on competition series The Voice) as well as his versatility within the genre, leading to his massive footprint as a country star in America.

With an estimated net worth of roughly $18 million to $20 million, Morgan Wallen is a highly sought singer-songwriter with multiple streams of income, including album sales, touring revenue, merchandise sales, brand endorsements, streaming royalties, and other ventures such as investments.

Gaining prominence through his participation in the sixth season of the singing competition program The Voice, Morgan Wallen signed with Panacea Records and released his first EP, Stand Alone, in 2015.

The next year, he signed with Big Loud Records and released his debut album, If I Know Me, in 2018. That album brought him commercial success, achieving the No. 1 spot on the Billboard Top Country Albums chart with hits like “Up Down” featuring Florida Georgia Line, and “Whiskey Glasses.”

Wallen’s 2021 sophomore album, Dangerous: The Double Album — released on the heels of multiple social controversies — made history for the artist by spending seven weeks at No. 1 on the Billboard 200 as the only country album to achieve such a feat.

His third studio album, 2023’s One Thing at a Time, dominated the Billboard 200 for 12 consecutive weeks by the end of May. All 36 of the album’s tracks entered the Billboard Hot 100 and set a record for the most songs by a single artist on the chart.

As one of the most in-demand country music artists worldwide, Wallen’s shows consistently sell out. In 2022, he was reported to have earned $600,000 per concert. While exact numbers on his merch sales are murky, sold-out shows generally lead to ample merchandising revenues. His major brand endorsements include Budweiser and Wrangler — two major brands whose demographic heavily overlaps with Wallen’s listener base.

Wallen’s notable controversies in 2020 led to some fallout in 2021, and subsequent awards shows that seemingly overlooked the country star’s success. At the height of the COVID-19 pandemic, Morgan Wallen faced widespread criticism for not wearing a face mask at a party in which he was photographed kissing multiple women. Around that same time, he was arrested in a bar for disorderly conduct.

As a result, a performance on Saturday Night Live was postponed — though Wallen later appeared in a sketch on the show that parodied the incident.

In 2021, Wallen’s record label dropped him after a video surfaced of him uttering the N-word in public. Several radio stations opted not to play his music, and he was summarily disqualified from the Academy of Country Music Awards. Seemingly, other award shows have overlooked his musical acumen considering the controversy.

In addition to his music earnings, Morgan Wallen has real estate investments, including properties in Alabama, Los Angeles, and Tennessee. His accrued annual income from his rental properties exceeds $800,000.

That said, those close to Wallen have revealed significant financial loss due to his penchant for extravagant parties and gambling. His combined losses from poker, gambling, and partying in Las Vegas alone have amounted to over $1.4 million.

Unlike many major celebrities, Wallen does not own a private jet — resulting in monthly expenses amounting to hundreds of thousands of dollars for private jet rentals, totaling approximately $910,000.

All in all, Morgan Wallen earns around $5 million annually through his music and performances alone, with several investments in other ventures, including real estate.