Ilovemakonnen’s estimated net worth in 2025, which ranges from $300,000 to $600,000, provides a striking illustration of the transience of viral celebrity. The creator of “Tuesday” created a cultural phenomenon so significant that it garnered a Grammy nomination, but his wealth is remarkably small in comparison to peers who were able to better capitalize on industry momentum. This disparity, which grew considerably following his breakup with OVO Sound, illustrates how independence can be both financially and artistically freeing.
Makonnen’s unconventional path was already hinted at in his early years, as he was born in Los Angeles and raised in Atlanta. He demonstrated an incredibly successful ability to network across genres by using MySpace to connect with artists like Adele and Lil B before most people knew his name. Atlanta producers Metro Boomin and Sonny Digital were drawn to his quirky melodies and assisted him in recording early songs like “Don’t Sell Molly No More.” Drake’s remix of “Tuesday,” however, was the pivotal moment that catapulted Makonnen from underground obscurity to widespread fame.
The success of the remix came much more quickly than Makonnen had anticipated. The song went viral in a matter of days, and he was soon signed to OVO Sound. However, the partnership that offered stability soon soured. Months passed before songs like “Second Chance” were released, momentum was lost, and his annoyance increased. At a time when most artists clung to major-label infrastructure, Makonnen’s daring decision to leave the industry by 2016 was especially avant-garde. He gained freedom from the decision, but it also made the financial risks of independence clear.
Ilovemakonnen – Bio Data & Professional Information
Category | Details |
---|---|
Full Name | Makonnen Kamali Sheran |
Stage Name | iLoveMakonnen (stylized ILOVEMAKONNEN) |
Date of Birth | April 12, 1989 |
Birthplace | Los Angeles, California, USA |
Origin | Atlanta, Georgia |
Profession | Rapper, Singer, Songwriter, Record Producer |
Years Active | 2008–2025 (announced retirement September 2024) |
Breakthrough Song | “Tuesday” ft. Drake (2014, peaked #12 on Billboard Hot 100) |
Labels Affiliated | OVO Sound, Warner, Too Lost, Independent |
Estimated Net Worth | $300,000 – $600,000 (2025 estimates; YouTube + streaming + royalties) |
YouTube Presence | 496K subscribers, 281M+ views |
Notable Collabs | Drake, Rae Sremmurd, Lil Peep, Fall Out Boy, Steve Aoki |
Personal Life | Came out as gay in 2017 |
Website | ilovemakonnen.com |

The foundation of his income is revealed by his YouTube data, which shows that 281 million views generate between $2,000 and $3,000 monthly. By hip-hop’s exaggerated standards, this income is surprisingly affordable, despite being extremely efficient when compared to many mid-tier artists. Metro Boomin, a modern-day figure who also came from Atlanta’s thriving scene, is thought to be worth $45 million. As an example of how producers who have control over beats frequently outperform vocalists whose songs make it to the charts, the contrast is incredibly resilient.
Another significant chapter was the partnership with Lil Peep. “I’ve Been Waiting,” a song by Fall Out Boy that peaked at number one on the Billboard Hot 100, was part of their posthumously released album Diamonds. Because of this success, Makonnen’s revenue stream significantly improved and he was reintroduced to younger audiences who were able to relate to the emotional intensity of emo-rap. He stands out from many of his peers who rely on formulaic soundscapes because of his willingness to experiment across genres, which demonstrates an incredibly versatile approach.
Ilovemakonnen has always functioned culturally at the nexus of underground authenticity and popular recognition. His appeal went beyond rap, as evidenced by the times Miley Cyrus promoted his song on Instagram and Alexander Wang hired him for a fashion campaign. But perhaps his bravest move was coming out as gay in 2017, which made him one of the few hip-hop artists of his caliber to do so. In a field that is frequently criticized for its underrepresentation of LGBTQ people, that candor was especially helpful. Even though his wealth did not soar, it cemented his reputation as a resilient and genuine person.
The narrative is made more understandable by contrasting Ilovemakonnen’s financial situation with that of his peers. With the help of investments, endorsements, and touring, Drake has amassed an empire worth over $250 million. Rae Sremmurd even made merchandise and lengthy tours out of their viral hits. In contrast, Makonnen valued autonomy and inventiveness, which meant eschewing the powerful machinery that optimizes financial gain. His choice highlights a more general reality about artistry in the era of streaming: artistic freedom frequently suffers in order to maintain financial viability, and vice versa.
But numbers aren’t the only thing that define his career. Songs like “Tuesday” continue to be incredibly dependable sources of revenue through streaming, thanks to meme culture and TikTok trends that revive classic songs. The possibility of complete obscurity has been greatly diminished by that digital afterlife, guaranteeing that his name will reappear in unexpected ways. Despite Makonnen’s smaller-than-expected bank account, his voice continues to be a symbol of unadulterated emotion for fans.