Josh Richards' net worth is estimated at $4-5 million.
Josh Richards' net worth stats
|Net worth:||$4-5 million|
|Source of wealth:||Influencer|
|Date of birth:||January 31, 2002|
|Place of birth:||Cobourg, Canada|
How did Josh Richards build his net worth?
Joshua Kenneth Richards makes his money as an influencer and entrepreneur with side hustles of producing, hosting, acting, and singing.
By age 14, Richards had built a following of 800,000 on his Musical.ly channel. It died, and TikTok was the first app to seriously contribute to Josh’s ticket to financial success, resulting in a huge following and signed contracts with big-name brands like HouseParty and Reebook.
What got him noticed? In 2019, he became famous on TikTok for creating dance and lip-sync videos. He had the generation-defining dance moves and a look that transformed him into a Gen Z icon, which paid off handsomely.
His follower stats are impressive, with tens of millions of followers across his profiles on TikTok, Twitter, YouTube, and Instagram.
When he lived with other fellow influencers at the infamous "Sway House," Richards co-launched a fitness brand called "Sway Fitness," specializing in gym and sports clothing and targeting the young adult demographic. He joined them in bringing back and popularizing Sillybandz, still a moneyspinner.
TalentXEntertainment and Warner Records joined forces to create TalentX records, of which Josh is a co-founder and the first artist they signed in 2020.
He co-founded several businesses, one of which is the low-calorie energy drink "Ani Energy," which can be found on sale at Walmart and Target. And if that isn’t enough to keep him off the streets, he is the Chief Strategy Officer of "Triller," an app pitched at the TikTok generation.
Richards also co-hosts two podcasts — "The Rundown With Noah Beck" and "BFFs," resulting in the sweet sounds of ka-ching.
He is an adviser for brands like Unhide, Versus Game, FCF, and Pear Pop Official. He brings valuable insight to these organizations with teens as their demographic on how to market to this sector.
In 2020, Richards and actor Mark Wahlberg teamed up to found "CrossCheck Studios." Wahlberg has previously invested in F45, the Australian fitness brand.
"Animal Capital" is an $18 million venture capital fund that Richards started with his business partner Michael Gruen and former Goldman Sachs investment banker Marshall Sandman. In 2021, Animal Capital announced its investment in a company that aims to make extinction a thing of the past using disruptive conservation and restorative biology. Holding my thumbs for that one.
Let’s add singing to this multi-talented young man’s repertoire as Richards recently signed up the Gersch Agency through which he and fellow TikToker Bryce Hall released "Still Softish," a song which has had tens of millions of views on YouTube.
He also earns from his Patreon account, which provides members with exclusive, behind-the-scenes content.
And not last and certainly not least, he has had op-eds published in Newsweek and Elite Daily, among others.
Smart enough to realize that an influencer’s life is short-lived, Richards is serious about hedging all his bets and plans on being the first influencer billionaire. There's a chance it will come true.
After this fund is done, we're going to raise a second and a third, fourth, fifth, sixth and seventh. ~Josh Richards
How has Josh Richards spent his wealth?
The only thing we could find about Richard’s spending habits was that he lived with fellow influencers at Sway House in Bel-Air, LA. He moved into Hype House in Moorpark, California, which is estimated to have cost $5 million. The 11,293-square-foot mansion is situated within a gated community and spans 20 acres.
According to what is shown in his videos and social media, Josh currently owns a white Mercedes van.
Richards has invested in several charitable startups, including Lendtable, Atmos, Poppi, Chalk, AON3D, Triller, and Dog For Dog.
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How rich is Josh Richards?
Josh Richards is worth an estimated 4-5 million.
Is Josh Richards a millionaire?
Yes. Josh Richards is a millionaire. And with the number of businesses and ventures he's involved with, that's set to go up.