Erica Banks Net Worth $1.5 Million

What Is Erica Banks’ Net Worth?

Erica Banks is an American rapper hailing from DeSoto, Texas, who has a net worth of $1.5 million. After graduating from college, she took her talents to Texas A&M Commerce’s studio during her sophomore year.

She was a nursing student before she decided to concentrate on building a rap career and abandoned her nursing studies that year.

In June 2020, her self-titled mixtape was released. It produced her first charting single, “Buss It,” which went viral on the video-sharing app TikTok.

She signed with Warner Records in January 2021.

Erica Banks was born in Dallas, Texas, on October 5, 1998, where she was raised with her brothers.

Her birth name is Erica Scharmane Breaux, but she later changed it to the stage name of Erica Banks.

Although she was raised in Texas, she has proven that she can master her craft without being influenced by others.

Like many other well-known artists, Erica Banks discovered her musical talent at an early age.

She also made connections with music lovers in Dallas during high school.

By the age of twelve, it was clear she was a gifted young poet who possessed undeniable talent.

As a result of her skills, she won various school contests by reciting her own poems.

Then, in her first year in high school, she began to rap. As a result of her friends and how the culture permeates the youth, she began to develop a love for rap.

During lunchtime, she would rap, and during her free time, she would write her own lyrics.

As a kid, Banks admits she was a huge fan of female rappers, including Megan Thee Stallion and Nicki Minaj.

In an interview with Hoodrich Radio, Banks revealed she used to send messages to Minaj on social media, begging her to collaborate on a song with her. Her passion for hip-hop developed from this love for music.

As a member of her congregation’s choir, she served as its lead singer and was an active choir member. During her time in the ensemble, she improved her music style and sound, enabling her to become a well-rounded musician.

Education

Banks graduated in 2017 from DeSoto High School.

She attended Texas A&M University-Commerce to study nursing but later dropped out as a sophomore to pursue her music career.

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Career

Banks worked as a part-time employee in a mall before becoming famous.

She then quit her job to concentrate on music.

In 2018, she released “Talk My Shit,” her first single, on Sound Cloud.

She also released “Talk My Shit” in 2018, and then “No Hook” (and “Thousand”), which led to her 2019 EP titled The Art of Hustle.

Banks became a member of 1501 Certified Entertainment in 2020.

Banks released her first single, “Buss It,” shortly after signing on June 19, 2020. It didn’t become much of a hit until January 2021, when the song went viral on TikTok. “Buss it” was part of her fourth mixtape titled Erica Banks.

Another hit song from the mixtape is named “Give Me That.”

Banks signed a new contract with Warner Records in January 2021. This new contract led to the reissue of “Buss It,” which gained viral recognition on social media.

They are happier now with their decision, considering that she is a 1501 certified Entertainment/Warner Records musician with six projects.

Her mixtape, titled “Buss It,” was released in June 2020. It features one of the most popular songs of the past few weeks. This SGT J-produced track has gained over a million Spotify streams per day and comes with a #BussItChallenge social media challenge.

This challenge was started on TikTok, where it has more than 2.5 million video creations.

After attracting the attention of Carl Crawford, CEO of 1501 Certified Entertainment, Banks signed with them in April 2019. The rapper played “Buss It” for Crawford during an Instagram Live session.

There is a much-publicized label dispute between Carl Crawford and Megan Thee Stallion. Banks was immediately compared to Megan. Any criticisms have been silenced by the success of “Buss It,” and Banks now has a hit that is ultimately hers.

Original release in February 2019, “Buss It,” gradually rose in YouTube views and streams, but the #BussItChallenge helped it gain traction in late 2020 and early 2021.

The song samples Nelly’s 2002, two-times Platinum-selling “Hot In Herre.”

It’s reminiscent of a classic strip club song, and many women participated in the challenge.

Participants are required to dress down and then change into fancier clothes. After the switch, they must twerk to Bank’s song “Buss It.”

This challenge quickly gained popularity and has now been adopted by celebrities such as actress Tracee Ellis Ross and Gabrielle Union-Wade. “Buss It” currently has more than 15 million Spotify streams and 5 million YouTube views. It debuted at No. 1 on the Billboard Hot 100.

In the same Hoodrich interview, Banks said to her fans and aspiring artists, “I appreciate anyone who has participated in the challenge. To any upcoming artists, I say keep going. It will happen.”

Love & Hip Hop: Atlanta

In an exciting development for fans of “Love & Hip Hop: Atlanta,” Erica Banks, a rising star in the hip hop scene, has joined the popular reality television show in 2023.

Boyfriend

In 2022, Erica Banks revealed her relationship with fellow rapper Finesse2Tymes. The duo shared a number of photos together on Instagram, sparking rumors about their budding romance.

Net Worth

So, how much is Erica Banks worth? Banks earned most of his wealth from selling copies of her album (Diary of the Flow Queen), EPs, and mixtapes. Therefore, Erica Banks has an estimated net worth of $1.5 million.

On YouTube, Erica has over 166 million views — about $500K in revenue before taxes.

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