The Island Boys' wealth reached an impressive $2 million in 2023, but dropped sharply to $1 million in 2024. These fraternal twin brothers, Franky and Alex Venegas, rode the wave of internet fame to build substantial wealth, only to watch it slip away almost as fast as it came.
Their story started with a modest $10,000-$30,000 net worth in 2019. The current state of their finances tells a complex tale. During their peak, they claimed daily earnings exceeded $40,000.
Both brothers contributed differently to their joint empire – Alex Venegas and Franky Venegas (also known as Fly Soulja) managed their wealth separately. Their achievements became even more notable given their young age at the start. Their OnlyFans channel proved incredibly lucrative, generating $389,000 between May and July 2023. June stood out as their most profitable month with earnings over $200,000.
Let's explore this remarkable financial experience of the Island Boys and see how various income streams helped build their million-dollar empire. We'll look at their meteoric rise, current position, and the path that led them here.
Island Boys net worth: What the numbers really say
The Island Boys' net worth stands at about $1 million in 2025, according to trusted financial sources. Some reports claim it could be as high as $5 million, but the most reliable financial trackers stick to the $1 million figure. This shows a substantial drop from what they made in 2023.
How much are the Island Boys worth today?
The Island Boys' current worth has become harder to pin down as their finances keep changing. Their combined wealth peaked at $2 million in 2023 before dropping to $1 million in 2024. This financial ride reflects their quick rise to fame and the challenges that followed.
Celebrity Net Worth, one of the most trusted sources, says Franky and Alex Venegas share about $1 million between them. Some financial experts put this number closer to $2 million. The difference comes from how hard it is to track their various income streams and personal spending.
The twins once claimed they made $40,000 each day through different sources. Their OnlyFans account turned out to be a gold mine, bringing in $389,000 just between May and July 2023. June was their best month when they made $200,000.
Flyysoulja vs Kodiyakredd: Who has more?
Financial records show the twins split their fortune pretty evenly. Alex (Flyysoulja) and Franky (Kodiyakredd) each have around $500,000 to their name. Unlike other famous duos, neither brother has pulled ahead financially.
Recent events might change this balance soon. Reports from November 2024 show Kodiyakredd faced eviction from his apartment and hurt his twin's credit score by missing car payments for four months. Alex might end up better off financially since he has a more stable relationship and new content projects with his partner Kayla Granda.
The brothers managed to keep their worth at $1 million into 2025, showing they can still earn even after their viral fame faded. Their YouTube channel brings in money from 233,000 subscribers and over 160 million views, though not as much as during their peak.
From troubled teens to TikTok stars
The Venegas twins' trip from juvenile delinquents to internet sensations shows how the Island Boys' net worth ended up reaching millions. Franky and Alex Venegas, these Florida-raised twins changed their troubled past into unexpected social media stardom with their distinctive appearances and viral content.
Early life and criminal background
The twins were born to Cuban immigrant parents. Their father Diego's death from a heart attack at the time they were 6 years old shaped their lives. This loss affected their development by a lot, and both brothers later admitted their father's absence led to behavioral problems.
"We didn't follow no rules. We wasn't listening to nobody. We didn't have a father figure growing up, so we was out here wildin' and stuff," Franky explained in a podcast interview.
Their single mother could not control the unruly twins during their adolescence. The brothers had their first brush with law enforcement at age 13 and faced burglary charges.
This started a pattern that continued through their teenage years, with charges including:
- Robbery and automobile theft
- Drug possession
- Other property crimes
Their criminal activities became too much for their mother. "We put her through hell," Franky admitted. "We still had cops knocking on the door every morning". Their mother revealed in a documentary that she felt powerless over her sons and didn't want to live on edge anymore.
She made the tough choice to evict them once they turned 18.A man named Chico from North Carolina helped them with shelter and work opportunities after they left home.
How old are the Island Boys?
The twins came into this world on July 16, 2001, making them 23 years old in 2024. They weren't even old enough to drink legally at the time of their viral success.
Their life's major events include:
- Age 6: Father's death
- Age 13: First criminal charges
- Age 18: Left their home
- Age 20: Soaring win on social media (October 2021)
- Age 23: Current age in this piece
The freestyle that went viral
October 2021 brought a life-changing moment for the twins with a simple freestyle video. Kodiyakredd posted a TikTok on October 13th that changed everything. The video showed both brothers in a hot tub with their signature colorful dreadlocks and tattoos, as they freestyled what became their catchphrase: "I'm an Island Boy".
Their catchy chorus with lines like "I'm an island boy and I put my vest on, yeah" caught the internet's attention fast. The video reached over 5.1 million views in its first week. Not all feedback was positive though. Many viewers filled the comments section with criticism, saying the lyrics were hard to decode – someone even joked that "subtitles would help".
All the same, their unique style with bleached dreadlocks, diamond teeth, and tattoos plus their catchy freestyle created perfect viral content. This single video turned them from troubled teens into social media stars and laid the groundwork for their financial success.
The business of being viral
The Island Boys quickly turned their viral fame into serious money. They built their net worth by converting their brief moment in the spotlight into multiple income streams worth millions.
Cameo: Personalized videos and Army controversy
The twins made their viral catchphrases work for them on Cameo. They charged $135-$180 for personal videos and at least $600 for business bookings. This platform became their biggest money maker during their peak. The brothers spent 2-3 hours each night recording shoutouts.
Their earnings reached about $15,500 per night from Cameo alone.Their Cameo business hit a snag when they appeared in a video about Army recruitment. "Big shoutout to Staff Sergeant Tamez, you're changing lives, giving out $50K," Alex said in the video. The US Army Recruiting Command had to step in and clarify that the video "was not reviewed, authorized, nor paid for" as official marketing.
OnlyFans: Earnings and backlash
OnlyFans turned out to be their biggest cash cow. They pulled in $389,000 between May and July 2023, with June bringing in over $200,000. Experts in the industry think their yearly
OnlyFans revenue hit between $3-4.5 million.Drama erupted when Franky told Adin Ross's stream audience that he and his brother got $14 million for homoerotic videos promoting their OnlyFans page. OnlyFans representatives shut this down fast, saying they "never entered a commercial agreement" with the twins.
YouTube and TikTok monetization
Their YouTube channel "Big Bag Ent" has grown to 228,000 subscribers with 175 million views. This brings in about $180,000-$240,000 yearly. Their combined TikTok following of 8.6 million adds another $80,000-$120,000 per year through brand deals.
Merchandise and side hustles
The brothers run a merchandise business that brings in $500,000-$700,000 yearly. They sell t-shirts ($26), sweatshirts ($46), and other items featuring their catchphrases and unique style.
They've also jumped into NFT collectibles to catch the digital wave.Their success shows how internet fame can turn into real wealth through smart platform monetization, whatever critics might say.
Fame’s price: Spending, scandals, and setbacks
The Island Boys saw their wealth grow faster than they could handle, and their spending habits matched their rising fame. Their net worth took direct hits from their extravagant lifestyle choices. This situation reflects a classic case of sudden wealth syndrome that many overnight celebrities face.
Lavish spending on homes and cars
Housing costs alone drained the twins' bank accounts substantially. Their rise to fame pushed them to trade their modest living space for a luxury rental home in Bell Canyon, California. The $20,000 monthly rent bought them five bedrooms, a swimming pool, and sprawling grounds.
The brothers didn't hold back on transportation either. Alex bought a custom Jeep Wrangler at $85,000, while Franky opted for a BMW i8 lease with $1,500 monthly payments. The situation turned sour when Franky missed four straight car payments. This is a big deal as it means that Alex's credit score suffered since the car was in his name.
Jewelry and image investments
The twins believed their unique look was crucial to their brand and spent heavily on:
- Diamond-encrusted grills at $12,000 each
- Custom diamond pendants worth over $50,000
- Body tattoos with costs exceeding $30,000
Public feuds and controversial content
Their relationships with other influencers started to get pricey. A notorious clash with boxer Jake Paul at his Miami training facility cost them potential collaborations worth $75,000.
Their appearance on the "No Jumper" podcast turned into a disaster. They walked off set when questions about their finances came up. The whole ordeal damaged their reputation with potential business partners and lost them an advertising deal worth about $40,000.
Legal issues and financial mismanagement
Legal troubles plagued both Franky and Alex during their fame. Franky racked up over $60,000 in legal fees from multiple domestic disputes and restraining order violations. Alex faced his own problems, including eviction proceedings from his apartment complex.
Poor wealth management skills made everything worse. They skipped professional financial advice and barely paid attention to their tax obligations. The IRS launched an investigation in late 2023. More problems arose from their failure to set up proper business structures.
They paid too much in self-employment taxes, throwing away thousands that could have boosted their net worth.
Where are they now?
The Island Boys, once inseparable, have gone their separate ways, which has changed their net worth trajectory. The viral TikTok duo split up officially in 2025, and the twins now lead completely different lives.
Alex Venegas' new life and family
Alex "Flyysoulja" Venegas has settled into family life and got engaged to his child's mother on Valentine's Day 2025. He's raising their young son and also has a 4-year-old daughter from an earlier relationship. Alex has left his party days behind and takes pride in being a "family man".
He moved out of the shared Florida home with his brother in early 2024. Alex needed stability and wanted to distance himself from Franky's "aggressive lifestyle". These days, he creates content with his fiancée on their YouTube channel, "Flyy and Kayla World".
Kodiyakredd's eviction and legal troubles
Life hasn't been kind to Franky "Kodiyakredd" Venegas. Naples police arrested him in February 2025 for having a controlled substance without prescription and a firearm with altered serial numbers. His living situation has hit rock bottom – court papers show he got evicted from his apartment in November 2024.
Things got worse when Franky skipped car payments for four months straight, which hurt his brother's credit score. Sources say he's now homeless and "couch surfing and living day-to-day".
Are they still making money?
Their combined net worth sits at $1 million, but their income looks very different now. Their shared TikTok (@islandboysofficial) has 8 million followers, though engagement is nowhere near what it used to be. Alex's personal TikTok has pulled in 3 million followers, while Franky's account has 1.5 million.
Kodiyakredd's music career has pretty much fallen apart. He only has 996 monthly Spotify listeners, and his 2022 single barely reached 101,000 streams.
What the future might hold
The twins keep moving in opposite directions. Alex seems set for a stable future with his growing family and content creation. Franky needs to sort out his legal issues before he can think about rebuilding his career.
Their relationship remains rocky. Alex says he'll "always have his brother's back," but he's not keen on giving more financial help since his previous support wasn't appreciated.
Conclusion
The Island Boys' net worth story represents one of the most dramatic financial roller coasters in social media history. Their fortune peaked at $2 million before dropping to their current combined value of $1 million. Their experience serves as a cautionary tale about internet fame and wealth management. They once claimed to earn $40,000 daily, but their financial stability proved as temporary as their viral fame.
The brothers showed impressive business sense at first. They turned a single hot tub freestyle into multiple revenue streams through OnlyFans, Cameo, merchandise sales, and social media monetization.
Their OnlyFans earnings hit $389,000 in just three months, which showed the massive earning potential of internet fame. But their poor financial discipline ended up preventing them from building lasting wealth.
The brothers' personal lives have taken very different paths. Alex has chosen stability and family life, keeping his distance from his brother's chaos. His twin Franky struggles with legal issues and housing problems. This shows how twins with similar opportunities can end up on completely different paths based on their choices.
Their story perfectly illustrates how quickly internet celebrities can rise and fall in today's digital economy. Despite controversies and criticism, the Island Boys turned fifteen minutes of fame into million-dollar careers – though marked by ups and downs.
The twins' experience shows that keeping wealth is nowhere near as easy as making it, especially for young influencers who suddenly find success. Their current joint net worth of $1 million is impressive for 23-year-olds. But it's only half of what they once had, which raises questions about their future finances as internet culture evolves and new viral stars emerge.
FAQs
Q1. What is the current net worth of the Island Boys?
As of 2025, the Island Boys have a combined net worth of approximately $1 million. This represents a significant decrease from their peak net worth of $2 million in 2023.
Q2. How did the Island Boys become wealthy?
The Island Boys gained wealth through various income streams after going viral on TikTok. They monetized their fame through platforms like Cameo, OnlyFans, YouTube, and merchandise sales. At their peak, they claimed to earn over $40,000 daily from these sources.
Q3. How much did the Island Boys earn from OnlyFans?
The Island Boys generated substantial income from OnlyFans. Between May and July 2023 alone, they earned an impressive $389,000, with June accounting for over $200,000 of that sum.
Q4. Are the Island Boys still making money?
While their income has decreased, the Island Boys still maintain some revenue streams. They continue to have a significant following on TikTok and YouTube, though engagement has dropped compared to their peak. Alex Venegas has also started a new YouTube channel with his fiancée.
Q5. How have the Island Boys' lives changed since their viral fame?
The twins' lives have diverged significantly. Alex Venegas has embraced family life, getting engaged and focusing on raising his children. In contrast, Franky Venegas has faced legal troubles and housing insecurity, including an eviction and arrest in 2025.
