Quick Facts of DaBaby
| Net Worth | $2 million |
|---|---|
| Name | Jonathan Lyndale Kirk |
| Date of Birth | December 21, 1991 (27 Years) |
| Nationality | American |
| Profession | Rapper. Songwriter and a Singer |
| Popularly known as | DaBaby |
| Height | 5 feet and 8 inches |
| Weight | 70kg |
DaBaby’s net worth in 2019: $2 million
Introduction:
Jonathan Lyndale Kirk is born American popularly known as DaBaby and Baby Jesus. Graduated from Vance High School in 2010 he always had an urge to prove his musical talent to the world.
He is a singer, songwriter and a Rapper came to limelight in the year 2015 after releasing his music mixtape “Nonfiction”. He is known for his signature series “Baby Talk” and “Blank Blank” which was released on November 2018.
Career Highlights:
His first mixtape was released in 2015 was not a success but then his another mixtape “God’s Work: resurrected” released in 2016 gave him a spark required to take forward his career. His standout single track “Light Show” have attracted millions to view on YouTube, Datpiff and Soundcloud across and brought him recognition as a Rapper.
With time he released mixtapes every couple of months. This includes his signature series named “Baby Talk” which released 5 volumes. And his latest project includes “Blank Blank” which released more than 9 volumes by November 2018.
Da Baby Height and Weight
The rapper stands 5 feet and 8 inches or 173 cm tall. Meanwhile, he weighs around 70 kg or 154 pounds.
Collaborations:
In his short career track, DaBaby collaborated with Lil Baby, Boosie Badazz, Moneybagg Yo and Blac Youngsta.
He has signed contracts with Interscope Records and South Coast Music Group signee. And released his first album Baby on Baby.
13 track project features a guest appearance from Rich Homie Quan, Stunna 4 Vegas and Rich The Kid and Offset. His series “Baby on Baby” featured on number 25 on the Billboard 200 albums, USA. His song “Suge” debuted number 87 on the Billboard Hot 100 in the year 2019 and reached the top 10 by the middle of 2019.
Appeared on the cover page XXL Freshman Class in the year 2019 and he announced the release of his album with name “Kirk”, which could be a tribute to his last name.
Sources of Income:
Jonathan Lyndale Kirk has multiple sources of income, but mostly from his mixtapes and singles. Following are a few of the sources of his income as a singer, rapper and songwriter.
His Mixtapes Include:
- “God’s Work resurrected”
- “Baby Talk series”
- “Billion Dollar Baby”
- “Back On My Baby Jesus Shit”
- “Blank Blank”
Albums:
“Baby on Baby” which was released on March 1st 2019 in collaboration with Interscope group.
He is about to release another album titles as “Kirk” soon in a tribute to his last name.
Singles as a lead artist:
- “Comin’ Over”, Big Butt and Pull Up Music released in the year 2017.
- “Suge”, “I’m a Star”, “Baby”, “Duck Sauce”, “Gucci Bag Latina” and “Coochie Bag” released in the year 2019.
As a featured artist under Title names such as
“Animal”, “Baby Shower”, “Freaky Dancer”, “Bag Mode”, “Truth Hurts” and “Enemies”
Guest appearances with other performing artists are as below
“Ashley”, “Hot Shower”, “Enemies”, “Truth Hurts”(Remix), “Richer than Errrbody” and “Panini”(Remix)
What does Net Worth Mean?
What is a Net Worth?
It is a quantitative concept which measures the value of an entity. It is applicable ranging from an individual to companies, organizations, sectors and a country as a whole. To put it simply, it is the difference between assets and liabilities. A positive net worth means assets are greater than liabilities, whereas negative net worth mean liabilities are greater than assets.
Formula:
Net Worth = Assets – Liabilities
A little more into Net Worth Concept:
Net worth conveys the financial health of any entity. Asset is anything that is owned and has a monetary value to it while liabilities is a commitment that deplete resources. Assets can be liquid or which can turn into liquid ( example: bank check ). They are non-liquid when they take time to turn into cash (like for example Home). Whereas liability is an obligation that has to be repaid ( example: home loan, car loan etc.,)
Any financial institution or 3rd party look at your assets and liabilities to understand the financial position. Positive net worth or increasing asset base indicates good financial health while negative net worth or increasing liabilities means a bad financial health condition.
It is always a good habit for any entity to maintain a reduce liabilities and increase or maintain a balanced asset base.
What does a Net Worth Mean to a person?
In simple terms, it means the value that is left after subtracting liabilities from assets. Few Examples of liabilities include car loans, student loans, home loans, credit card bills, and other mortgages etc., whereas an individual’s assets are amount in the savings account, home, vehicle, bonds, stocks and other material that has value.
In other words, whatever is left after paying off all the personal debt from asset base is net worth. It is important to understand that value of net worth varies as per the market value of assets and current debt costs.
For example:
Consider a case of Ramu Johnson. His assets include a house valued at $350000, shares worth $150000 and a car worth $35000. His liabilities include a mortgage balance of
$150000 and an outstanding car loan $15000 to be paid.
Now Ramu Johnson’s Net Worth = ($350000+$150000+$35000) – ($150000+$15000)
= ($535000 ) – ($165000)
= $370000
Assuming Ramu Johnson’s financial position after five years as follows –
House value at $350000, Shares value at $180000, savings $ 40000 and car value $25000. While mortgage loan $120000, car loan $0 (paid off).
The Net worth after 5 years would = ($350000+$180000+$ 40000 + $25000 ) – ($120000)
= $595000 – $120000
= $475000
Here it is understood that, although the fact that the value of a house and car decrease, the net worth have increased to $475000. It is because a decline in house loan is less than the overall asset base and decrease in liabilities.
Note that, an individual’s net worth can be negative if his asset base is less than liabilities.
What does net worth mean for celebrities?
Most often celebrities fall under High Net worth Individuals. And what does HNWI mean?
People with considerable net worth as called as HNWI.
Independent Charted Accounts, wealth managers and investment counsellors stay close to them making them as prime markets.
As per Securities and Exchange Commission( SEC), investors more than 1Million are considered as accredited investors to invite them to invest in unrequested securities.
Is 401k part of net worth?
As per the definition, 401K is also a part of net worth if it is calculated in terms of assets and liabilities. But, in this case, 401K have no specifics as in, therefore it cannot be measured.
What is the average American net worth?
Like any entities net worth a countries net worth can be calculated as below. It is a sum of net worth of all individuals (citizens), companies and organizations reside in America, plus countries net worth. In America, this measure is referred to as financial position.
As on quarter 1 2014, America’s financial position =
Assets ( $269.6 trillion) – liabilities ($145.8 trillion ) = $123.8 trillion.
What is a good net worth by age?
| Age of Household | Median Net Worth |
|---|---|
| Under 35 years | $6,900 |
| 35 to 44 years | $45,740 |
| 45 to 54 years | $100,404 |
| 55 – 64 years | $164,498 |
| 65 – 69 years | $193,833 |
| 70 – 74 years | $225,390 |
| 65 – 75 Years | $202,950 |
| 75 + Years | $197,758 |
What is the net worth of the top 1%, 5%, 10%?
As in America, wealth distribution is as follows
Richest 1% of the population owned 35% of the country’s total wealth
Richest 5% of the population owned 11% of the country’s total wealth
Richest 10% of the population owned 12% of the country’s total wealth
Expenditure Pattern:
There is no information about his expenditure pattern but it is understood that he spent a good portion of money for his attorney for his trail and others to meet his expenses.
Success lessons from Jimmy Donaldson:
- Opted music as a profession to help people who can touch and influence them for better living.
- Arrested for possessing Marijuana but never gave up on goodness of society and focused on his work and become a loyal taxpayer cum citizen.
- Proved innocent in a murder trial after more than a year, but kept his motivation high in taking forward his career with strong will power and persistence.
