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Chance The Rapper Makes Fortune’s 40 Under 40 List

Chance The Rapper has plenty to be proud of, being only 24 years old and having a Grammy and a $9 million net worth.

By Ryan Velez

Chance The Rapper has plenty to be proud of, being only 24 years old and having a Grammy and a $9 million net worth. Now, Black Enterprise reports that he can add another feather in his cap: being the youngest person on Fortune’s new 40 Under 40 list, an annual ranking of the most influential people in business.

While his Apple Music deal and Grammy wins as an independent artist are major achievements, it may be his philanthropy that is his greatest legacy.

“The Rapper, who grew up on Chicago’s South Side and is the son of Ken Williams-Bennett, former deputy chief of staff to Chicago Mayor Rahm Emanuel, was quoted as saying the following on the Power 106 website about his partnership with Lyft: “Through the New Chance Arts & Literature Fund, I’m committed to giving the kids in Chicago as much as I can. And now with Lyft’s Round Up & Donate, we can give them much more because the more we ride, the more we raise to bring more arts programs to Chicago Public Schools,” writes Black Enterprise Education Editor, Robin White-Goode.

Chance has been racking up accomplishments over the past year or so. Here are some details from our past coverage of his work:

“According to Billboard, Chance raised over $100,000 for his youth charity, SocialWorks, during a birthday party held on April 16th at favorite Chicago spot, Studio Paris Nightclub. "The night was a huge success with Chance’s ability to rally the community to donate for a great cause," said managing partner of Studio Paris, R.J. Melman to Page Six. "We are proud to play a part in it and are honored to have been chosen by Chance as the place to throw his party." SocialWorks, according to its website, "aims to empower and foster leadership to the youth of Chicago through various mediums including arts, education, and civic engagement."

Chance The Rapper's philanthropy has been lauded for some time, hitting a fever pitch after he donated $1 million to his native Chicago's public schools following his big night at the Grammys earlier this year. Since them, institutions like the Chicago Bulls have matched Chance's donation. Chance The Rapper also announced the start of his New Arts Fund For Chicago Public Schools earlier this year as well, dedicated to supporting arts education in Chicago. In fact, his dedication and generosity earned Chance a spot on this year's "100 Most Influential People In The World" from Time Magazine.”

One would be hard-pressed to find a better young role model for the next generation then Chance, and it looks like he shows no signs of stopping his work to help others.

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