Santana, who is oftentimes compared to rappers like Chief Keef, has been on the scene for about three years. In the music industry that doesn’t mean much though. Many musicians have been able to accumulate millions within years of their first debut album. So, what is Fredo Santana’s net worth?
Fredo Santana’s Profile:
Net worth in 2017: $3 million
Profession: Rapper
Age: 27
Source Of Wealth: Music career
Residence: Chicago, Illinois
Citizenship: U.S. Citizen
Marital Status: Single
Education: No formal education
About Fredo Santana
As you know, Santana is a rapper from Chicago. He was born on July 4, 1990 as Derrick Coleman, however, many people refer to him by his stage name now.
Fredo released his first mixtape “It’s a Scary Site” in September 2012. He was able to partner up with some bigger names, like Chief Keef and Lil Durk, which allowed for his music to take off. 1Since then he has released eight more mixtapes and one studio album.
His debut studio album was released in November 2013. The album, “Trappin’ Ain’t Dead,” featured Fredo alongside stars like Kendrick Lamar and members of the Glory Boyz Entertainment group.
In addition to his mixtapes and album, Fredo has also released a few singles, including “Bird Talk” and “It’s Only Right.” You may also recognize him from Drake’s “Hold On We’re Going Home” video, where he made a cameo appearance as the “bad guy” stealing Drake’s girlfriend.
All of that being said, Fredo hasn’t had any songs on any Billboard charts and he’s not all that well known yet. So, what is Fredo Santana’s net worth?
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Fredo Santana’s Net Worth
While he may not be the next big rapper, Fredo Santana’s net worth is estimated to be $3 million (not bad). His annual salary sits around $300K per year when he’s regularly making music and his mixtape sales aren’t low.
Right now his mixtape sales, singles and album sales are the only real cashflow Fredo Santana has. Because he’s not a big name yet, not many companies are rushing to have him endorse their products. However, he has been able to land some gigs opening for the bigger names he’s paired with on projects (like Chief Keef). This makes it possible for him to generate more cashflow than what he’s able to earn through his music alone.
While not many companies are jumping at the chance for Fredo to endorse their products, he does earn some cash through endorsements and sponsors. The income he earns through endorsements is less than 1/3 of his annual salary though.
He and a few friends also run Savage Squad Company, a clothing line company. SSC was established as a nonprofit company. The company is able to donate around $900K to Make a Wish Foundation and United Way every year.
As his career continues to expand, Fredo’s annual salary is creeping up. Since he’s already made a lot of great connections in the music industry, don’t be surprised if you hear about Fredo Santana’s rising net worth brought up in the near future.
Photos: Tumblr and HipHopDX
James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.
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