Still Rich? Tory Lanez Net Worth Forbes: How Much Money Does The Rapper Make?

post by: Dwomoh Darlingberg for
Have you got a story or article for us: send it to us here.

What is Tory Lanez net worth? The rapper, who allegedly shot Megan Thee Stallion, has been sentenced to 10 years in jail. Will that affect his fortune?

Hip-hip lovers would agree that Tory Lanez brought a unique level of intrigue to the genre when he first joined the scene in 2009. After videos of the rapper freestyling caught Sean Kingston’s attention, Tory was able to sign with Sean’s label, and he went on to release several mixtapes. Once his 2016 debut album “I Told You” was released, Tory’s career took on a life of its own.

Over the years, Tory’s studio albums have all been able to fall in the Top 10 of the Billboard Charts. He’s also been able to collaborate with some of the biggest names in hip-hop and beyond including DaBaby, Ashanti, Ed Sheeran, 50 Cent, and more.

These days, the mention of Tory Lanez’s name leads not to his music career but his drama with fellow rapper, Megan Thee Stallion. The July 2020 shooting incident between Megan Thee Stallion and Tory Lanez is far from over! In August 2023, the “Say It” hitmaker received a sentence of 10 years after been found guilty.

Following his jail terms, fans now have a vested interest in Tory Lanez’s net worth. So, how rich is the rapper? Read on for everything we know.

Profile Summary

Celebrated Name:Tory Lanez
Net Worth:$4 million
Profession:Rapper, singer, record priducer, fashion designer
Full Real Name:Daystar Shemuel Shua Peterson
Date of Birth:July 27, 1992 (age 31 years)
Birthplace:Brampton, Canada
Parents:Father: Sonstar Peterson.
Mother: Luella Peterson
Tory Lanez

What is Tory Lanez’s net worth?

Tory Lanez has been in the entertainment industry for over a decade and has had a successful career. He has accumulated an estimated current net worth of $4 million and earns a sizable salary. He accrued his fortune for his works as a rapper, singer, record producer, fashion designer, and music video director.

Over the years, Tory’s studio albums have all been able to fall in the Top 10 of the Billboard Charts. He’s also been able to collaborate with some of the biggest names in hip-hop and beyond including DaBaby, Ashanti, Ed Sheeran, 50 Cent, and more.

In 2017, Lanez earned a Grammy nomination for Best R&B Song for “Luv.” He has received several Juno Award nominations, winning Rap Recording of the Year for “Shooters” in 2017 and “Love Me Now?” In 2019 and R&B/Soul Recording of the Year for “Feel It Too” in 2020. “Henny in Hand” earned Tory a Much Music Video Award nomination for Best Hip Hop Video in 2015, and he received an NAACP Image Award nomination for Best New Artist in 2019.

In 2016, he earned nominations from the BET Awards (Best New Artist), BET Hip Hop Awards (Best New Hip Hop Artist), MOBO Awards (Best International Act), and Soul Train Music Awards (Best New Artist), and in 2019, he was nominated for a BET Hip Hop Award for Best International Flow.

Megan Thee Stallion, Tory Lanez

Rapper Tory Lanez sentenced to 10 years in prison for shooting Megan Thee Stallion

Canadian rapper Tory Lanez has been sentenced to 10 years after being found guilty on all three felony counts for shooting Grammy-winning superstar Megan Thee Stallion three years ago.

Judge David Herriford had been expected to sentence Lanez Monday at a hearing that usually only takes a few hours, but Herriford had attorneys for both sides argue each factor of his potential sentence, allowing seven witnesses to give statements on Lanez’s charitable contributions, his childhood trauma and being a father to of his 6-year-old son, according to NBC News.

According to The Associated Press, at the start of Monday’s proceedings, Lanez had over 70 submitted letters of support, including a note from “Fancy” rapper Iggy Azalea to Judge Herriford asking for leniency “that was transformative, not life-destroying” when determining his sentence. “I am not in support of throwing away anyone’s life if we can give reasonable punishments that are rehabilitative instead. I support prison reform. Period,” she later wrote on Twitter.

Lanez, whose legal name is Daystar Peterson, looked “stoic” in court on Monday and Tuesday, according to a source. He spoke for several minutes before the judge handed down his decision, asking for leniency and for a sentence that would allow him to “prove” himself, Rolling Stone reported.

“If I could turn back the series of events that night and change them, I would,” Lanez says, according to The Associated Press. “The victim was my friend. The victim is someone I still care for to this day.” He added, “Everything I did wrong that night, I take full responsibility for.” The rapper was given about 10 months of credit for time he’s served since his conviction in December, The Associated Press noted.

Lanez’s father, Sonstar Peterson, who was present in the gallery on Monday, grew emotional as he described his son losing his mother Luella at age 11 to a rare blood disorder, according to The Associated Press. As he continued, Peterson choked back tears as he apologized in court to Judge Herriford for his outburst last year in court.

“I want to personally apologize to you,” Sonstar told the judge, AP reported. “It was an overwhelming time.” Back then, pandemonium erupted as Sonstar lunged toward prosecution after his son was convicted. He pointed and shouted, “This wicked system! You are wicked, you are evil. Shame on all of you!” before he was removed from the courtroom.