Elly Mangat is an Indian singer from Punjab. He has a reputation as a gangster and a very rich man. This is a conscious move by the artist, but the rumors about his net worth are not far from the truth. He is popular not only in his homeland, but also in the United States. Thanks to this, he began to earn good money. Did he start investing them in a business and what other things, besides music, can he do to earn money?
Sources of Income
It remains unclear how Elly started. Until 2015, he did not appear in public. The history of his start-up capital is shrouded in mystery, as is the income of his parents, the origin of the man and education. He debuted quite successfully, which means he had the opportunity to spend up to 100 thousand dollars on promotion. Perhaps someone helped him with money, but this investment definitely paid off with interest.
The musician’s official source of income is his creative activity. He receives money from payments for the use of his works, concerts, monetization of content on YouTube, advertising contracts and the sale of merch.
The man has a very difficult character and he constantly quarrels with colleagues. Often this plays into his hands and turns into a successful marketing ploy. Thanks to this, the fans got the impression that their idol behind the scenes is a real bully, making money on the sale of weapons or illegal substances, or doing some other harsh business.
He really can be related to some non-standard cases, but he is definitely not a criminal authority. The lyrics of his songs need to be separated from his real life. The most high-profile criminal case that concerns Elly is the charge of rape. This is clearly not related to business, both legal and illegal.
Thus, Elly Mangat is only a musician. He is looking for opportunities to invest his income, but does not run a business.
Elly Mangat Net Worth
Each concert of an artist can bring him up to 50 thousand dollars. Most of the time he performs in India, so his fees are less than those of musicians from the US and Europe. Other payments and contracts can bring him up to 500 thousand dollars a year, of which a significant part is spent on creating new tracks and maintaining the image of a very rich man (leisure and luxury cars).
Elly Mangat’s career reached a high point around 2020. During this time, he could accumulate $ 1 million. His current net worth is close to this amount, but does not exceed $2 million. Reports that this figure is twice as high are rather dubious. Mangat is not very popular on Instagram. The number of its subscribers did not reach 1 million people. This prevents getting expensive sponsorship contracts. 2/3 of its listeners live in India, so content monetization is not as effective as it could be. Recently it has really started getting positive feedback from western listeners. This makes the prospect of increased income quite real.
So far, the musician from Punjab has not announced the exact amount of earnings and capital. You should not expect that he will do this in the future, because it is not in his interests, even with a fairly large real capital.
| Monthly Income | $50k |
| Annual Income | $500k |
| Actual Net Worth | $1.5m |
| One Year Net Worth Forecast | $1.9m |