In this article, we will be looking at the 10 highest-paid rappers and their net worth. This should tell you that it is possible to make wealth as a hip-hop rapper, you need talent, a mentor, and a good label to break out and stay in the limelight.
Here, are the 10 highest-paid rappers and their net worth in sequence.
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Jay-Z
Net Worth: $1.3 Billion
Jay Z, whose real name is Sean Carter is one of the greatest rappers of all time. He has sold more than 100 million records and has earned over 22 Grammys.
He is the first rapper in history to be inducted into the Songwriters Hall of Fame. He is married to Beyonce, and together they are known as the power couple.
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Also, he holds the record of being the rapper that had the most No 1 albums on the Billboard 200. Also, he was once the president of Def Jam Recordings. He owns a label called Roc-A-Fella Records.
Apart from music, he makes part of his wealth from investing in films, smartphones, and TVs. He also owns his clothing line, Rocawear, and a company Roc Nation where he is a licensed sports agent. Also, he invests in a music streaming service Tidal.
2 – Diddy
Net Worth: $900 Million
Sean “Puffy” Combs (Diddy) is one of the highest-paid rappers, based in the United States.
He owns a label called Bad Boy Entertainment, where he launched artists like Mase, the Notorious B.I.G., and so on.
He has won 12 Grammys as a talented rapper. Also, his major successes came from his business which consists of his line of perfumes and Sean Jon clothing company.
Also, he has made a handful of movies, including a reality TV show, which made his band, was one of MTV’s greatest shows. Also, he is a brand ambassador for Ciroc. So he is both an entrepreneur and a rapper.
Furthermore, he is one of the most successful college dropouts.
3 – Dr. Dre
Net Worth: $500 Million
Andre Young popularly known as Dr. Dre is one of the highest-paid rappers. He started working with the N.W.A., Death Row Records, and after a while, founded his label called Aftermath Entertainment.
He has made money from a lot of streams. Apart from being a rapper, he makes numerous royalties from his proteges like Eminem, Snoop Dogg, Xzibit, and 50 Cent. Apart from being a rapper, he is one of the ten most respected producers in the music industry.
4 – Kanye West
Net Worth: $400 Million
Kanye West dropped from the No.1 position to the 4th position due to the recent controversial statement that led to Adidas cutting ties with him. He also lost a couple of collaborations. This greatly affected his wealth, dropping him off the billionaire list.
Kanye is one of the highest-paid rappers, sought after by many because of his great beats. Like so many others, he has his record label “GOOD Music”.
He is one of the most awarded rappers of all time. He had won 21 Grammys. He made his money from music and a couple of businesses and investments. He owns a clothing line called Yeezy, where he makes shoes and collaborates with companies such as Nike and Louis Vuitton.
He is into architecture, politics, design, and acting. It is not out of place to call him a serial entrepreneur.
5 – Drake
Net Worth: $260 Million
Drake’s career experienced a breakthrough when he was signed by Lil Wayne in June 2009. Drake is one of the best rappers in the world and one of the highest-paid rappers. He is the most notable Canadian rapper.
He had won four Grammy Awards. In 2012, he won the Grammy award for “Best Rap Album for “Take Care.”
Drake now owns a record label, OVO Sound. Also, he is into fashion and owns a fashion brand called October’s Very Own.
Also, he had been a brand ambassador for many brands and currently is the global ambassador of the NBA team, “The Toronto Raptors.” He has launched a whiskey brand, called Virginia Black.
One major fact about Drake is that he has been in the public eye since he was a kid. He was featured in the iconic Canadian teen TV show “Degrassi”, where he rapped in a particular episode. Thanks to his dad for that early push.
6 – Eminem
Net Worth: $230 Million
Marshall Mathers is a protégé of Dr. Dre. He is known as one of the greatest and fastest rappers of all time. Also, he is occupying the position of 5th highest-paid rapper.
He had won 15 Grammy Awards, and he is the first rapper to win the Academy
Award for Best Original Song from his movie 8 Mile where he was the lead actor.
Mathers is also an actor and makes good money from there. Mathers. like other musicians had gone through scandals. He was once sued by his mother.
7 – Master P
Net Worth: $200 Million
Percy Miller is one of the highest-paid rappers who had many a lot of money from his music.
In the ‘90s, he signed Snoop Dogg for a three-album deal which was a great success. Master P is also into movies and television and also ventured into professional wrestling.
Furthermore, he went into real estate, sports, cars, travel, stocks, and other industries. Although being a good rapper, he hasn’t won any major music awards.
8 – Pharrell
Net Worth: $200 Million
Pharrell Williams came into the limelight after his beat production duo. Apart from being a rapper, he is a great producer making him one of the greatest beatmakers for hip-hop and R&B songs of all time.
He has won ten Grammys, and his songs in films have won him Academy Awards. He currently owns a record label called ‘i am OTHER.’
He was also a coach on the popular TV show ‘The Voice.’ Apart from music, he is onto business. He has partnered with a lot of international companies in creating sunglasses, sneakers, streetwear, jewelry, furniture, sculptures, and many more.
Also, Pharrell has been named the best-dressed man in the world by Esquire. It is interesting to know that he composed the entire soundtrack for the animated movie, “Despicable Me.”
Furthermore, he is among the 12 artists to hold the #1 and #2 spots on the Billboard Top 100 all at the same time.
9 – Lil Wayne
Net Worth: $170 Million
Weezy is one of the highest-paid rappers of all time. He founded the record label Young Money and has since produced notable rappers both male and female.
He’s launched the superstars rappers, Drake and Nicki Minaj, and has made his spot as one of the bestselling rappers globally.
He is also known as the go-to guy who has brought him a lot of royalties for guest appearances.
10 – Ice Cube
Net Worth: $160 Million
O’Shea Jackson occupies the position of one of the highest-paid rappers. He has been in the music game as long as Dr. Dre.
They started with him in the same group called N.W.A. After producing 10 albums Ice Cube went into Hollywood films and television. He has acted in comedies, children’s movies, and classic urban movies.
Additionally, Ice Cube is an entrepreneur and owns a clothing line called “Solo by Cube,” and a 3-on-3 basketball league knower as Big3.
Conclusion
To make this list, it is either you become a rap monster like Eminem or mix your rap business with other investments and businesses such as Jay Z and Kanye West.
