Amid the recent rap feud involving Drake & Kendrick Lamar, the two artists were pitted against each other on several parameters. Beyond their rap styles & songs, fans also compared the fortunes they have amassed so far in their musical careers. While there is a significant difference between Drake and Kendrick Lamar’s net worths, it’s also worth noting that the duo’s assets pale in comparison to lớn senior artists like Jay-Z, Dr. Dre and more.
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From selling out arenas lớn releasing era-defining albums & owning record labels, let’s look at who the richest rappers in the world are.
Richest rappers in the world: Jay-Z, Kanye West và more
Jay-Z – The billionaire rapper
Jay-Z was the first hip-hop artist lớn become a billionaire, and tops the menu of the richest rappers in the world. (Image: Beyonce/Instagram)
Net worth: USD 2.5 billionMost streamed song on Spotify: Ni**as In Paris
Shawn Corey Carter, popularly known by his stage name Jay-Z became hip-hop’s first billionaire in 2019. However, it is worth noting that much of Jay-Z’s financial success comes from his multiple business ventures besides his music. His liquor businesses have played a crucial role in amping up his fortune và bringing him the billionaire status. As of 2024, with a staggering net worth of USD 2.5 billion, the rapper stands fifth among the world’s celebrity billionaires & is preceded by legends like George Lucas, Steven Spielberg, Michael Jordan and Oprah Winfrey. He is the only musician among the vị trí cao nhất five celebrity billionaires named by Forbes.
Jay-Z’s clever business sense is reflected in the massive liquor giao dịch he has struck in the past. In 2021, he sold a 1/2 stake in his champagne brand, Armand de Brignac, khổng lồ luxury goods giant LVMH for reportedly USD 300 million (yes, the same price for which Taylor Swift’s masters were sold by Scooter Braun). Also, last year, he sold a majority stake in his cognac label D’Usse for a reported USD 750 million khổng lồ Bacardi.
Besides earning huge sums from both these liquor deals, Jay-Z also owns stakes in mega-successful companies lượt thích Uber that địa chỉ to his massive fortune. The amazing trajectory of Jay-Z’s wealth which jumped from USD 1.4 billion in 2022 to USD. 2.5 billion in the following years attests to lớn his strong business acumen.
Not khổng lồ mention the jaw-dropping value of his enormous music catalogue which is reported to be worth upwards of USD 95 million. In addition, he also owns Roc Nation Entertainment và a sports management agency which is estimated khổng lồ be worth USD 75 million. From this massive fortune, Jay-Z has invested heavily in real estate as well as art. His art collection consisting of works from Jean-Michel Basquiat & other contemporary artists is worth USD 70 million. The rapper along with his soon-to-be billionaire wife Beyoncé also owns properties worth USD 50 million.
Dr. Dre
Dr. Dre started out his musical career as a member of the American hip-hop group N.W.A. (Image: Dr. Dre/Instagram)
Net worth: USD 500 millionMost streamed song on Spotify: Still D.R.E
Known to be one of the most significant figures in hip-hop, Dr. Dre (born Andre Romell Young) popularised gangsta rap và is also the man who launched the careers of several famous rappers we know today. His artistic influence và contribution as a producer in the American rap scene has been massive và it dates back to lớn his historic role of being a thành viên of the Californian hip-hop group N.W. A. Known as one of the greatest và most influential groups in the history of hip hop music, it also consisted of other popular names such as Ice Cube and Eazy-E.
In terms of making a mark as a businessman in the music industry, Dr. Dre’s staggering 2014 khuyến mãi worth USD 3 billion selling his headphones company Beats Electronics và streaming music service Beats Music to táo bị cắn dở provided a major boost khổng lồ his net worth. Following the same, he also launched his own record company Aftermath Entertainment under which he helped launch the careers of Eminem, Kendrick Lamar, Snoop Dogg và 50 Cent.
Most popular songs produced by Dr. Dre
The Real Slim Shady by EminemFamily Affair by Mary J. BligeIn domain authority Club by 50 CentStraight Outta Compton by N.W.A.Gin & Juice by Snoop DoggLast year, Variety reported that Dr. Dre reportedly sold his music catalog including music income streams & other assets in a giảm giá khuyến mãi that was pitched for USD 250 million. The rapper reportedly signed the khuyễn mãi giảm giá with Shamrock Holdings and Universal Music Group and the news came on the heels of reports regarding his health concerns. The record producer and musician suffered three strokes in 2021 when he was hospitalised for a brain aneurysm. Following his recovery, he has been active again and has stepped out for events including the 2023 Met Gala & Grammy Awards.
On the personal front, in a widely publicised divorce, Dr. Dre’s ex-wife Nicole Young received a settlement of a whopping USD 100 million of his fortune & half of his liquid assets as the couple parted ways after 24 years in 2021. In the divorce settlement, while Dre earned the properties & rights to his music & stock options, Nicole scored other luxury assets such as Rolls Royce, Cadillac limo escalade, motorcycle & Range Rover.
Diddy aka Sean Combs
The disgraced rapper is currently facing multiple sexual assault allegations. (Image: Diddy/Instagram)
Net worth: USD 1 billion (As per Forbes’ 2022 list)Most streamed song on Spotify: I’ll Be Missing You
Sean “Diddy” Combs is currently in the headlines after being hit with sexual assault allegations. In recent months, multiple women have come forward to tóm tắt allegations of misconduct by the rap mogul, including an individual lawsuit filed by his ex-girlfriend Cassie whom he dated on và off from 2007 to 2018. Amid the ongoing legal proceedings of the disgraced rapper, his massive fortune and big-ticket assets have received attention.
After breaking into the music scene in the ’90s, the rapper also founded Bad Boy Records which signed numerous artists including Craig Mack, The Notorious B.I.G. And Faith Evans. Through the Bad Boy Records catalogue, the rapper earned a significant amount of wealth and his other business ventures helped multiply the same. Diddy’s beverage businesses including De
León tequila & Aquahydrate alkaline water further secured his wealth and also earned him the billionaire status in 2022. Apart from investing heavily in real estate, the rapper is known lớn have splurged ample of his fortune on a private jet, a fleet of luxury cars & yachts.
Kanye West
Kanye West has a net worth of USD 400 million which stems from his musical careers as well as fashion businesses. (Image: Kanye
West/Instagram)
Net worth: USD 400 millionMost streamed tuy vậy on Spotify: Heartless
One of the most popular & controversial rappers of his time, Kanye West has earned his place among the richest rappers in the world via his music và fashion businesses. However, his net worth has seen a major drop following the breakdown of the lucrative multi-year giảm giá between his sneaker brand Yeezy and Adidas. In the wake of his antisemitic & offensive comments on social media, Adidas along with several brands including Gap & Balenciaga cut ties with the rapper two years ago. As of 2024, Kanye’s net worth is USD 400 million which includes real estate & the value of his music catalog. Additionally, he also owns a 5% stake in his ex-wife Kim Kardashian West’s impressively successful shapewear brand Skims.
West’s turbulent personal life has had a massive impact on his musical career and businesses. At its peak, the rapper was earning a huge sum from his sneaker brand Yeezy and Forbes had also estimated the Adidas deal at USD 1.5 billion which was a major contributor to lớn his wealth. Furthermore, despite ending their partnership with West, Adidas may still owe the rapper royalties for everything that’s been sold since the last royalty payment they made to lớn him. Kanye’s groundbreaking giảm giá khuyến mãi with Adidas gave him a 15% royalty on wholesale Yeezy products which was huge compared lớn Michael Jordan’s Nike royalties placed at around 5% as per Forbes.
In terms of music, according to Billboard, the songs in West’s collection generate an estimated USD 13.25 million in publishing royalties of which he earns nearly USD 5 million each year.
Eminem
Eminem’s most successful album is The Marshall Mathers LP which received the diamond certification. (Image: Eminem/Instagram)
Net worth: USD 250 millionMost streamed tuy vậy on Spotify: Lose Yourself
One of Eminem’s most famous interviews saw him casually exploring his hometown Detroit alongside American broadcaster Anderson Cooper. A viral moment from their interaction was the rapper’s response to lớn being hesitant about spending money. He even told Cooper how he consulted his manager about whether or not he could afford to lớn buy an expensive watch even after selling millions of albums.
On yet another occasion, he showed his frugal nature when he spoke to the New York Times about his spending habits and said, “I try to lớn treat all the money I’m making like it’s the last time I’m going to make it.”
Well, fortunately for him, it’s nearly impossible for him to lớn ever run out of money given that he boasts a net worth of USD 250 million and is easily among the richest rappers in the world. His highest-selling rap album to date is The Marshall Mathers LP, which has been certified a diamond by the RIAA. Being one of the most streamed hip-hop artists on Spotify with over 3.6 billion streams, it has been reported that he earns an estimated USD 11 million & USD trăng tròn million of it.
Besides his music, Eminem also famously starred in 8 Mile, a semi-autobiographical film that grossed USD 242.9 million worldwide, adding significantly to lớn his fortune. Furthermore, since its inception in 1999, Eminem’s label Shady Records has also earned him millions after signing artists such as Slaughterhouse, Yelawolf, Griselda, Westside Gunn and Conway the Machine. As of 2024, Eminem’s net worth puts him in a position khổng lồ not just buy the most expensive watches in the world but way more extravagant possessions.
Pharrell Williams
Beyond music, Pharrell Williams has made a mark in the fashion industry with his collaborations. (Image: Pharrell Williams/Instagram)
Net worth: USD 250 millionMost streamed song on Spotify: Happy
If there’s one rapper you need khổng lồ take business lessons from, it’s Pharrell Williams. His achievements beyond creating & producing music have earned him a massive fortune. From Britney Spears’ I’m A Slave 4 U, to lớn Justin Timberlake’s Rock Your Body, Williams along with Chad Hugo has produced some of the biggest hits of all time. In terms of his solo successes, the artist’s best-selling album was his second studio album Girl, which includes the popular singles Happy, Marilyn Monroe and Come Get It Bae.
Besides making a mark in the music industry, Williams has successfully diversified his brand into the fashion world & his achievements speak for themselves. In February 2023, he was named Louis Vuitton’s creative director of menswear. More recently, he also teamed up with Tiffany and Co. Lớn create a new jewellery collection called the Tiffany Titan. These brand collaborations have helped boost his net worth significantly apart from the massive earnings he takes home from tours and album sales.
Drake
Drake is among the đứng top ten richest rappers in the world with a net worth of USD 250 million. (Image: Drake/Instagram)
Net worth: USD 250 millionMost streamed song on Spotify: One Dance
In 2021, Drake became the first artist to lớn surpass 50 billion streams on Spotify across all credits & here’s how it boosts his fortune. According to Variety, the rapper’s music reportedly earns him USD 50 million annually, making a significant contribution lớn his rising net worth. Taking into account his business ventures and fashion collaborations, his staggering net worth of USD 250 million doesn’t seem surprising. From his tours alone, Drake has earned massive sums including a whopping USD 84 million from his năm 2016 Summer Sixteen tour.
With eight commercially successful studio albums to lớn his name, the God’s Plan singer has diversified his fortune into several ventures including the record label OVO Sound & streetwear line, OVO. He also struck a lucrative collaboration with Nike that is estimated to be worth USD 450 million, contributing massively to lớn his wealth besides his musical earnings. Hence, it’s no surprise that Drake finds himself on the các mục of richest rappers in the world.
Berner
Berner is not only known as a rapper but also the founder of Cookies. (Image: Berner/Instagram)
Net worth: USD 250 millionMost streamed tuy vậy on Spotify: 20 Joints
While many may find Berner’s name khổng lồ be a surprising addition among the richest rappers, the musician’s shocking wealth makes him a worthy addition. Besides his discography, the San Francisco rapper has now built a legal weed business that skyrocketed his net worth. Berner is the founder of Cookies, a cannabis brand with over 70 retail locations which Forbes valued at USD 150 million in 2022. Previously, Berner’s net worth was reported khổng lồ be USD 410 million in 2022 although as per a recent report by the thủ đô new york Times it currently stands at USD 250 million.
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In terms of his musical career, Berner was signed by Wiz Khalifa to lớn his label, Taylor Gang Entertainment. The most popular album by Berner is El Chivo, although a quick Google tìm kiếm shows that it’s his business that has overtaken his musical fame, given that Berner cookies earn more mentions than his songs or albums.
Lil Wayne
Lil Wayne is known lớn have released some major hip-hop hits including Lollipop. (Image: Lil Wayne/Instagram)
Net worth: USD 170 millionMost steamed tuy nhiên on Spotify: Sucker for Pain
While his USD 170 million net worth puts him on the list of the richest rappers in the world, Lil Wayne claimed in an interview last year, “I don’t have a cent close lớn that.” Given the rapper’s successful career, it doesn’t seem unusual that he is among the wealthiest hip-hop artists. In fact, it was his label Young Money Entertainment that first signed Canadian rapper Drake before he became a big phenomenon. The same also goes for Nicki Minaj who was under Lil Wayne’s label before.
After Drake and Minaj bid farewell lớn Young Money Entertainment, Wayne reportedly sold the masters of both artists & also other musicians under his label to Universal Music Group for USD 100 million. The rapper has also dabbled in other business ventures such as his clothing line Trukfit và the sports management agency, Young Money Sports which have served as additional avenues for his fortune.
Snoop Dogg
Snoop Dogg has dabbled in several business ventures besides music including acting projects and more. (Image: Snoop Dogg/Instagram)
Net worth: USD 160 millionMost streamed tuy nhiên on Spotify: Young, Wild và Free
Arguably one of the most famous rappers in the world, Snoop Dogg (born Calvin Cordozar Broadus Jr) has been rapping since the early ’90s & has earned a global fan hâm mộ base. Be it in the world of music, movies or other business ventures, the rapper has promised innovation và has carved his success story across all sectors. Putting his artistic talents on display, his impressive discography includes several singles, four soundtrack albums, 25 mixtapes và also promotional singles.
If you are wondering about how streaming earnings work, Snoop addressed the same on a podcast & revealed that he is only receiving USD 45,000 from a billion streams on Spotify. While the artist did not reveal any more details, it must be noted that the distribution of streaming sales doesn’t entirely go lớn the artist, as other parties including record labels, managers, and credited songwriters as well as Spotify get a cut.
Besides earning through his musical hits, the rapper has also invested in several companies lượt thích Dutchie and Eaze. He also expanded his love of cannabis into businesses by starting Merry Jane—a news site about cannabis and founded his weed brand, Leafs by Snoop.
Known khổng lồ be a savvy businessman, Snoop has also built his fortune through some unlikely projects such as a cooking show with Martha Stewart called Martha & Snoop’s Potluck Dinner Challenge.
Ice Cube
Ice Cube’s acting projects such as 21 Jump Street have also earned him a massive fan base. (Image: Ice Cube/Instagram)
Net worth: USD 160 millionMost streamed tuy nhiên on Spotify: It Was a Good Day
Best known for starting as a thành viên of N.W.A alongside Dr. Dre, Ice Cube (born O’Shea Jackson Sr.) is one of the most famous rappers in the world và is renowned for being a prolific songwriter. Besides his successful musical career, Ice Cube has also amassed a loyal fanbase thanks khổng lồ his acting projects. Among his most recognised roles in movies is that of Calvin in Barbershop & its sequels. He also famously starred in 21 Jump Street as the fan-favourite character Captain Dickson.
After building his fortune out of music & his acting projects, Ice Cube started his own production house named Cube Vision, which has released several film & television projects. His highest-grossing film as an actor is the năm trước action-comedy 22 Jump Street which earned USD 331 million.
(Main and featured images: Beyonce/Instagram; Champagnepapi/Instagram)
Frequently Asked Questions (FAQs)
– Who is the richest rapper in the world?
Jay-Z is the richest rapper in the world with a net worth of USD 2.5 billion. He is the first hip-hop artist khổng lồ become a billionaire.
– What is Kendrick Lamar’s net worth in 2024?
Kendrick Lamar’s net worth as per Celebrity Net Worth is estimated khổng lồ be USD 75 million.
– Is Eminem a billionaire?
Eminem is one of the most famous hip-hop artists và also among the richest rappers in the world. He has a net worth of USD 250 million.
– Who are the top 3 richest rappers?
Jay-Z is the richest rapper in the world with a net worth of USD 2.5 billion followed by Diddy (net worth of USD 1 billion) and Dr. Dre (net worth of USD 500 million).
Eminem once admitted he’s ‘not particularly’ fond of spending money — what to lớn learn from his thrifty tendenciesTUqopa
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Eminem once admitted he’s ‘not particularly’ fond of spending money — what to learn from his thrifty tendencies
Eminem stands out in the realm of rap not only for his lyrical prowess but also for his distinct approach to lớn money.
While most hip hop stars flaunt their wealth with flashy cars và flamboyant jewelry, Eminem (aka. Marshall Mathers) once admitted to lớn Anderson Cooper that he is “not particularly” fond of spending money.
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With 15 Grammy awards khổng lồ his name and a net worth estimated by Celebrity Net Worth at $250 million, Eminem’s ability to lớn live below his means is a powerful life lesson for anyone seeking to build wealth.
Eminem's not about 'Lose Yourself'
While he talks about losing himself in his music through his lyrics, Eminem certainly isn’t losing himself to consumerism. In fact, he told Cooper that he consulted his money manager about whether or not he could afford to lớn buy an expensive watch even after selling millions of albums.
“I think it was a Rolex,” he said. “They make fun of me for it… but the whole money thing, all that stuff was brand new lớn me.”
He doesn’t even wear the Rolex in order khổng lồ avoid scratches & was instead wearing a $100 G-Shock watch during the interview.
This isn’t the first time Eminem has discussed his spending habits. In a 2010 interview with the thành phố new york Times, he described how dedicated he was lớn living below his means: "I save a lot of money by not buying drugs anymore,” he said. “I invest. I always try to lớn be smart. I try to treat all the money I’m making like it’s the last time I’m going khổng lồ make it."
Ed Sheeran, another Grammy award winner, is also famous for his frugal spending habits. “You never want to be wasteful,” he told the Irish Examiner, explaining that he still uses his student ngân hàng account and gives himself “an allowance” to lớn manage a tight budget. His net worth is estimated to be over $200 million as well, according to lớn Celebrity
Net
Worth.com.
Read more: This little-known investment strategy can save you thousands on your taxes
It’s all about discipline
Spending less than you earn is a matter of discipline. Music artists with millions of dollars and millions of fans probably have some pressure to lớn consume. There’s likely lớn be some temptation lớn give in to lớn peer pressure, as Anderson Cooper joked during his interview with Eminem. “You’re giving hip hop a bad name here,” he laughed. “You need to step it up. A few diamonds.”
You don’t even need an entourage lớn feel peer pressure. More than half (51%) of gene Z Americans và nearly half (43%) say social media has made them feel pressured khổng lồ buy things they can’t afford, according to Deloitte’s 12th annual 2023 ren Z và Millennial survey.
Meanwhile, Chicago Booth researchers found that people experience a tension between their social image and their self-image when presented with profiles of individuals who had recently bought expensive homes or cars. In other words, seeing other people spend money on big ticket items led lớn dissatisfaction & pressure lớn keep up with the Joneses.
Learning to lớn suppress this urge to lớn compare your financial life with your neighbor’s could make it easier for you to stay on track with your budget. A disciplined approach lớn spending and saving money should help you build a robust future, regardless of what those around you say or do.
What to lớn read next
This article provides information only và should not be construed as advice. It is provided without warranty of any kind.
