Matthew Tyler Musto, more commonly known by his stage name Blackbear has an estimated net worth of 5 million USD as of December 2023.
Musto is a multitalented American rapper, musician, singer, and record producer and has achieved a considerable amount of success in the music industry.
The singer has been in the industry for eleven years and has been able to release five studio albums, six EPs, one mixtape, and two collaborative albums.
From a very young age, Matthew was determined to be a musician. Along with his own music, he has written and produced songs for several popular artists.
Matthew has had an alcohol addiction in the past, hence, he does a bunch of charity works to help youths with the same problem. He is truly an inspiring artist.
Let us go through a few quick facts about talented musician.
|Full Name||Matthew Tyler Musto|
|Net Worth||5 Million USD (as of December 2023)|
|Date Of Birth||November 27, 1990|
|Birth Place||Daytona Beach, Florida, U.S|
|Origin||Daytona Beach, Florida, U.S|
|Residence||Los Angeles, California|
|Education||High School Dropout|
|Siblings||TJ and James (Brothers)|
|Age||33 Years Old|
|Height||5 feet 11 inches (m)|
|Weight||Approximately 60 Kg or 132 pounds|
|Shoe Size||9 (US)|
|Hair Color||Dirty Blonde|
|Children||Midnight Thomas Musto (Son)|
|Profession||Singer, Rapper, Songwriter, Musician, and Record Producer|
|Genres||R&B, Pop, Hip Hop, Alternative R&B, Alternative Rock, and Emo Rap|
|Associated acts||Mansionz, Andrew Goldstein, Machine Gun Kelly, Mod Sun, Ne-Yo, and Travis Barker|
|Social Media||Instagram, Twitter, Facebook|
|Last Update||December 2023|
Blackbear: Net Worth and Income
Matthew has a whooping net worth of $5 million.
Most of his fortune accumulates through his album sales and streams. However, it is not the only source.
The multiplatinum artist considers himself more of a businessman than a musician. He has invested in bitcoin and different stocks.
Meanwhile, he also sells his merchandise on his official website, Blackbear.com.
His “U love U” hoodies cost $60 and are available in red and purple, he also has a t-shirt listed for $35.
Meanwhile, he recently started selling a beverage called the “Blackbear Hibiscus” in collaboration with Vybes. The drink sells for $71.88.
Matthew apparently makes at least $500 thousand a year from his merch and collaboration.
He has accumulated over 25.9 monthly listeners on Spotify. This makes him around $77.9 thousand per month.
He was also one of the first artists to earn money through Soundcloud.
Moreover, Matthew also earns a hefty sum from YouTube revenues. None of his videos on YouTube have less than a million views.
Blackbear: Houses and Cars
On February 7th, 2019, the musician took to his Twitter with 1.9 million followers to announce that he had bought a new house for himself somewhere in LA.
The three-story house is a true luxury with beautiful architecture, surrounded by floor-to-ceiling windows.
Matthew did not reveal the price of the mansion but looking at the modern exterior design of the house, the artist surely splurged more than a million on it.
The house comprises a barbeque area and a huge swimming pool, lounging area beside it, along with two beautiful balconies.
The interior of the house is mostly unknown but the singer lives here with his fiance and kid.
The artist owns a Mercedes but doesn’t talk about it a lot. He was once seen posing in front of it in an Instagram story.
Matthew also owns a 1977 Ford Bronco in all metallic black. The car is worth a whopping $50.8 thousand currently. The car is powered by a 340-hp Ford Racing V-8 crate engine and is designed for both safety and comfort without compromising the looks.
Black Bear: Lifestyle and Vacation
Blackbear lives a lavish life, to say the least.
His clothes are almost always designer, either from huge brands like Gucci, Lous Vuitton, Givenchy, Prada, Fendi, etc, or specially customized clothes.
He used an iPhone 11 Pro max to take selfies on Instagram.
Mostly, he enjoys spending time with his son and girlfriend and has been seen hiking with him on several occasions.
Matthew particularly enjoys painting his nails and is creative with it too.
Moreover, he loves to swim and is teaching his son the same. The fans love the adorable pictures Matthew posts of his son on his Instagram.
Recently, he celebrated his 30th birthday with a bang.
He also spends most of his time in his studio recording albums and producing.
The artist is endorsed by Celebrity Talent International through which he is booked by fans for several events.
He is also the face of the hibiscus plant beverage for the brand Vybe and frequently gives them shout-outs on his Instagram page.
Blackbear: Charity and Causes
Matthew has had a difficult childhood, to say the least. He was born to a father who abandoned him and his family.
The artist understands the problems non-celebrities have to face and does his best to help people with their problems.
He is involved with several charities and supports many different causes.
After being diagnosed with chronic pancreatitis, Matthew joined the LA Party for a Cure.
The cure is a nonprofit establishment that works to find a cure and improve the lives of people suffering from chronic pancreatitis.
Blackbear was honored with a “Courage Award” in their fifth Gala for battling against pancreatitis.
The co-director of the Cure foundation also quoted that the artist understands firsthand the pain and suffering that kids and adults with CP deal with.
He also joined hands with the establishment to sell pop sockets with his signature symbol in them for charity. 50% of all revenue from the pop sockets was given to the Cure foundation.
Matthew started his career early in high school. He was a member of a Florida-based rock band named “Polaroid“.
Leakmob records signed the band when he was in freshman year of high school.
Polaroid became increasingly popular over time. Meanwhile, in 2008 the singer had already started writing solo music.
Eventually, he left the band and moved to Atlanta to start a new career. He collaborated with the singer/songwriter Ne-Yo.
His solo career started with an EP entitled brightness in 2008 and it was followed by 2009’s Contrast and 2010’s Exposure.
In 2010 and 2011, the artist released several EPs solo and in collaboration with other musicians.
Only in the fall of 2011, Matthew decided to take on the stage name Blackbear.
He then changed lanes to pursue R&B music, hence released Foreplay on April 20.
Blackbear then released his debut mixtape Sex on October 31, 2012. Meanwhile, Matthew also appeared on MGK‘s single End of the Road.
In April of 2014, he released an EP, The Afterglow, which took him to number four on Billboard’s Uncharted listing of releases from upcoming artists.
He was one of the first musicians to monetize streaming music on Soundcloud.
In February of 2015, he released the first full-length album of his career, Deadroses.
The single, “idfc“, was on Billboard‘s R&B Hot 100 chart. It also held a spot on the Billboard R&B charts for more than a year.
The album was also financially very successful.
Some Interesting Facts You Didn’t Know About Blackbear
- Blackbear also co-wrote the TikTok star Dixie D’Amelio’s hit single, Be happy. The song although heavily criticized by fans topped the charts.
- Blackbear also has tattoos all over his body, the most interesting one being a tattoo of the devil skateboarding in the air alongside the other two devils saying “sick” and “Woah”.
- On April 11, 2021, Matthew and his girlfriend, Michele Maturo announced their engagement on their Instagram, he also posted a picture of them with the caption “said yes to my forever person”.
Frequently Asked Questions
What did Blackbear have surgery for?
In 2016, he was diagnosed with chronic pancreatitis arising from alcohol abuse, the musician had to go through several surgeries because of it.
Does Blackbear use autotune?
Blackbear uses just a touch of autotune to elevate his mediocre voice and to manage the pitch of his songs but the mix of musical elements along with his perfect level of autotune results in unique music.
Does Blackbear have a kid?
Yes. On September 25, 2019, he and his girlfriend announced their pregnancy and the pair announced the birth of their son Midnight Thomas Musto On January 29, 2020. He is 3 years old currently.