Chance the Rapper and his wife, Kirsten Corley, recently announced their decision to divorce following five years of marriage. The couple, who share two daughters, Kensli, 7, and Maril, 4, took to their respective social media accounts on April 3 to share a joint statement expressing their amicable separation and gratitude for the time they spent together. Despite parting ways, they said they are committed to co-parenting their children.
“After a period of separation, the two of us have arrived at the decision to part ways,” the statement read. “We came to this decision amicably and with gratitude for the time we spent together. God has blessed us with two beautiful daughters who we will continue to raise together.”
Chance the Rapper’s Net Worth
The news of Chance’s divorce has sparked speculation about the financial implications of their split. As one of the most successful hip-hop artists in the music industry, Chance the Rapper boasts a net worth estimated at $25 million.
Chance’s financial standing raises questions about the division of assets and potential spousal support payments in the divorce settlement. There is no information made public as to if the couple, who have been friends since childhood, had a prenup.
While it is not indicated exactly what state the couple called home–they have property in both California and Massachusetts–their primary residence would impact their divorce assets. California follows a 50/50 law, which means that any assets that were acquired during the marriage are split equally between both spouses.
According to Celebrity Net Worth, though not verified, between September 2016 and September 2018, Chance earned $32 million from his various endeavors. Between September 2017 and September 2018, Chance the Rapper made more than $22 million from recording, touring, endorsements, and other sources of income.
In 2015, Forbes featured him on their prestigious 30 under 30 List of Musicians. Additionally, they highlighted his earnings of $33 million, primarily sourced from extensive touring, brand partnerships, and the remarkable popularity of his music on streaming platforms such as Spotify, where at least three of his top tracks have amassed over 100 million plays each.
In 2017, Forbes was named hm the fifth-highest-earning rapper.
“I realized my strength was being able to offer my best work to people without any limit on it,” he told Vanity Fair in 2017, adding, “I make money from touring and selling merchandise.”
According to GoBankingRates, the Grammy winner in 2018 purchased and relaunched the digital media outlet Chicagoist.
What is Chance the Rapper also earned a substantial salary from being a coach on “The Voice” since 2023. He reportedly earns $8 million a season, according to The Sun.
Chance the Rapper has also focused on giving back to young people. He founded SocialWorks in 2016 with the aim to empower the youth through the arts, education, and civic engagement. SocialWorks has developed five initiatives, OpenMike, Warmest Winter, Kids of the Kingdom, The New Chance: Arts & Literature Fund, and My State of Mind, SocialWorks hopes to inspire creativity, build dreams, and advocate for youth success in all its forms. The organization, which has been receiving financial backing from Intel, focuses on education, mental health, homelessness, and performing and literary arts, directly affecting thousands of youth yearly.