The hip-hop industry has been gaining a lot of recognition globally lately and rappers have also been getting their fair share of wealth and fame. Most modern rappers have seen an exponential rise in popularity since the late 00s.
Here is the list of the top 12 richest rappers in the world who have been winning in the rap game on and off the stage.
|RICHEST RAPPERS IN THE WORLD
|NET WORTH (USD)
Let’s read about them in detail –
1. Kanye West Net Worth: $1.8 billion
The American singer, songwriter, record designer, and entrepreneur is the richest rapper in the world with a staggering net worth of $1.8 billion.
A large chunk of Kanye’s net worth is due to his brand Yeezy, which is associated with Adidas in the production of limited-edition sneakers and with Gap to manufacture clothes for men, women, and kids.
It is also reported that the rapper has $122 million in cash and more than $1.7 billion in other assets, including investment in his ex-wife’s business, Kim Kardashian’s underwear label, Skims.
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2. Jay-Z Net Worth: $1.4 billion
Shawn Corey Carter, who goes by the stage name of Jay-Z, is an American rapper, record executive, and businessman. The 51-year-old American rapper has an estimated net worth of $1.4 billion.
Most of his fortune comes from smart investing in clothing lines, record companies, nightclubs, and so on. He is regarded as one of the most influential hip-hop artists of all time.
Carter is married to Beyonce and the couple has three children together.
3. Sean Combs-Diddy Net worth: $825 million
Another American rapper who makes it to the top 3 of the world’s richest rappers is the singer, actor, entrepreneur Sean Combs. The rapper started his career as an intern for Uptown Records.
He later started his own company, Bad Boy Records in 1993 with the late rapper, The Notorious B.I.G. was Popularly known by his stage name, Diddy, he was the richest rapper in the world for quite a long time before other rappers started investing and having entrepreneurial endeavors.
The rapper started his own clothing line, Sean John, in 1998 and also acquired Enyce clothing line from Liz Clairborne in 2008.
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4. Dr. Dre Net worth: $800 million
Andre Romelle Young who is known by his stage name Dr. Dre has an estimated net worth of approximately $800 million. His wealth was expanded after a spike in shares of the Aftermath record label, Beats headphone, and HP laptop line.
Dr. Dre might not have produced any new album in the last 10 years, but the rapper is reaping the benefits of his business endeavors.
He is also the founder of the “Beats by Dr. Dre” series, which was sold to Apple for $3 billion several years ago.
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5. Russell Simmons Net worth: $340 million
Russell Simmons is regarded as the most successful rapper turned businessman. The American record executive, writer, and film producer, and entrepreneur have an estimated net worth of $340 million making him the fifth richest rapper in the world.
Simmons co-founded the hip-hop label Def Jam Recordings producer Rick Rubin and also created the fashion clothing lines Phat Farm, Argyleculture, and Tantris.
Lately, Simmons has turned his focus to political commentary and other literary pursuits from records.
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6. Eminem Net worth: $230 million
Marshall Bruce Mathers III who goes by his stage name, Eminem, is an American rapper, record producer, and actor who has a net worth of $230 million.
Eminem is undoubtedly considered the greatest hip-hop artist of all time. He is the first white rapper since the Beastie Boys who have gotten both critical respect and the audience’s admiration.
Eminem’s success story is nothing less than phenomenal. He recorded his first record with Mashin’ Duck Records and FBT Productions while holding down a minimum wage job as a cook and dishwasher.
7. Master P Net worth: $200 million
Percy Robert “Master P” Miller is an American rapper, actor, entrepreneur, author, record producer, philanthropist, and former basketball player who has an approximated net worth of $200 million.
Just like Jay-Z, Master-P has also got some amazing business skills. He is the president, CEO, founder of No Limit Records a company that pioneered the Southern Rap sound.
He is also the founder of P. Miller Enterprises, an entertainment and financial conglomerate, and Better Black Television.
8. Usher Net worth: $185 million
Usher, an American singer, dancer, songwriter, and actor with an estimated net worth of around $180 million is one of the highest-selling artists in the industry.
Usher’s music career took off after he was spotted by a LaFace record executive at a talent show in his hometown. Usher gained wide recognition and reached gold status with his first single, “Think of You”.
Usher is also credited for discovering the Canadian pop sensation Justin Bieber. Till today, he has sold over 65 million records worldwide, which makes him one of the best-selling music artists of all time.
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9. Drake Net worth: $180 million
Aubrey Drake Graham is a Canadian rapper, singer, songwriter, record producer, and actor.
The rapper was first seen as an actor on the teen drama television series Degrassi: The Next Generation in the early 2000s after which he was signed to Young Money Entertainment by Lil’ Wayne in 2009.
Drake has an estimated net worth of $180 million alongside his Grammy wins, three Juno Awards, and six BET Awards. The Canadian artist has the most number-one singles on the Hot Rap Songs.
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10. Pharrell Williams Net worth: $150 million
It comes as no surprise that one of the most sought-after music producers of the industry, Pharrell Williams, finds his spot on the richest rapper’s list.
In the last year, Pharrell has produced albums for major artists like Shakira, Jennifer Lopez, and Kid Cudi. He has an estimated net worth of $150 million.
His production skills have landed him ten Grammys and a few of his film songs have even won an Academy Award for him. Williams now runs a record label and multimedia creative collective named ‘I am OTHER.’
11. Lil Wayne Net worth: $150 million
Dwayne “Lil Wayne” Carter, Jr. is an American rapper who has been active in the music industry since he was a child. He joined Cash Money Records as an artist at the age of 12.
The Grammy award-winning rapper is also an author and an entrepreneur. He writes for several columns in different newspapers and has even produced some successful records for other artists.
Unlike other rappers with business mindsets, most of Lil Wayne’s fortune comes from his music. His tours and his collaboration with other artists fetch him a hefty amount.
12. Snoop Dogg Net worth: $143 million
No list of rappers is complete without mentioning Snoop Dogg. Calvin Cordozar Broadus, Jr. aka Snoop Dogg is one of the richest rappers in the world with an estimated net worth of $143 million.
He has a laid-back attitude that is loved by his fans from all over the world. Snoop Dogg has gained his wealth mostly through his albums, tours, and music shows.
However, he is also a well-known entrepreneur and actor. The rapper has been the creative chairman of Priority Records and an ambassador for Hot Pockets and Airbnb.
A lot of unexpected names have made it to the list of the world’s richest rappers while a few popular ones were missed out on. With the growing popularity of the hip-hop industry, a lot of rappers will soon find their names on the billionaire list. Has your favorite artist made the cut?
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