YouTube star Lil Tay spent years away from the spotlight, but her net worth remains staggering.
Lil Tay's name has appeared in headlines over the past few days after a statement on her Instagram page announced her death. Her management company also confirmed her passing to Variety. However, her family revealed to TMZ that the young rapper is "safe and alive."
Following the confusion, the public became more curious about her - who had been inactive on the internet years before the death hoax emerged - including her current net worth.
Is Lil Tay a Millionaire? Net Worth Revealed
Lil Tay started her career online in 2018 when she was nine, becoming known for her videos and photos showing her luxurious life and rap videos on YouTube, which received millions of views.
Although the now-14-year-old social media personality stayed out of the spotlight for years, she has established a thriving empire and managed to make her net worth currently valued at $500,000.
READ ALSO : Lil Tay's Parents Faked Her Death? Internet Divided As Proof That YouTube Star Is Still Alive Emerged
Lil Tay's net worth would have been higher than it is now if a controversy did not hit her in 2018. Multiple media outlets reported that the young social media star scored criticism after posting a video of her smoking hookah as she was coached to do so by her brother, Jason Tian, and mother, Angela Tia.
The matriarch was forced to resign from her job as a real estate agent after allegations that Lil Tay recorded her videos in listings from her company and for allegedly pretending that a Pacific Evergreen Realty managing partner's red Mercedes was her daughter's belonging.
Lil Tay stayed out of the public's eyes after the wipeout, but her name unexpectedly returned in an unexpected way.
What Happened to Lil Tay?
The buzz started after her Instagram page shared a death announcement on Wednesday.
"It is with a heavy heart that we share the devastating news of our beloved Claire's sudden and tragic passing," the statement read. "We have no words to express the unbearable loss and indescribable pain. This outcome was entirely unexpected, and has left us all in shock."
According to the update, Lil Tay's brother also died, though no cause of death was given at the time of the release of the social media post.
But following theories that Lil Tay was still alive, a news outlet received an exclusive statement penned by the young rapper and issued by her family. She alleged that her Instagram account was hacked and used to spread jarring misinformation.
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