The hip-hop industry is continuously rising, and rappers from around the world are gaining more and more. Adding businesses and many other investments to their portfolio, these successful rappers are too quick for big media companies and wealth trackers to track their progress. However, below is a list of the richest rappers extracted from the expected/estimated earnings of 2020.
Snoop Dogg- $152 Million Net Worth
You can’t miss mentioning Snoop Dogg when it comes to raping. He’s one of the most famous artists this year. In reality, he was nominated for different record awards 97 times and won 26 times. Snoop Dogg has this charming, relaxed attitude that draws fans from all over the world. And if he unexpectedly avoids dumping every song, he’s still going to be a symbol in pop culture history. He has also made his mark in the industry and the U.S. English language’s lexicon with the inclusion of “Izzy” to traditional words (Fo-shizzy!).
Snoop Dogg grew his fortune mainly through his albums, music shows, and tours. However, he is also a well-known entrepreneur and actor. He was the founder of Priority Records and the pitchman of Hot Pockets and Airbnb. He’s also appeared in movies like “Trailer Park Boys” and “Never Leave Never Stop’.’
Most recently, Snoop Dogg played the role of host game show for the 1970s re-enactment of Joker’s Wild on TBS. “Snoop Dogg Presents The Joker’s Wild” airs on TBS.
Pharrell Williams – $155 Million Net Worth
Pharrell Williams is regarded as an artist for his versatility. He raps, sings, composes music, and produces movies. He is also well known in the R&B industry and has 10 Grammys till now. Pharrell has worked with other famous artists such as Jennifer Lopez and Shakira. His musical career, though, really culminated with the release of his song, Happy. From 2014 to 2015 alone, $32 million has been raised.
Pharrell is an innovative entrepreneur. He has made a variety of acquisitions. I am the OTHER record label and owns the textile firm Bionic Yarn. He also partners with the fashion star Nigo to make Ice Cream Footwear and the Billionaire Boys Club collection. He partnered with Louis Vuitton in 2008 to co-design a new range of jewelry and glasses. In 2013, he set up a line of sunglasses for Moncler.
Lil Wayne – $158 Million Net Worth
A Grammy award-winning rapper, Lil Wayne has been involved in the music industry since he was a child. His debut album, “Tha Block is Hot,” overcame the charts and made him famous right away. Back then, he was nominated as the best young musician. Years and years of chart-topping rap hits kept him prominent.
Lil Wayne is both an author and an entrepreneur. He writes for many columns in various publications and has created several excellent albums for other artists. However, unlike the other rappers on this list, Lil Wayne’s earnings come primarily from his albums. He’s charged a substantial sum for his visits. His collaborations with other artists such as Eminem, Nicki Minaj, Snoop Dogg, and Drake have also made him a fortune.
Tidal Records’ co-ownership contributes to his fortune and several huge commercial appearances he has made, including Samsung and a spot in the Super Bowl. He has also been rumored to have a reality show coming out on VH1, but little is clear about the series’s status.
Drake – $190 Million Net Worth
Originally a star of the beloved Canadian teen soap opera, “Degrassi: The Next Generation,” Drake was signed to Young Money Entertainment by Lil’ Wayne in 2009. The rest of it is history-literally. Drake broke more chart honors than any other artist in history. Recently, he smashed a few records, including most of the top 10 songs on the chart at the same time. Drake’s seven hits broke the old record of the Beatles. To remember his achievements, he had a tattoo on his arm standing in front of the Fab Four on Abbey Road, looking ahead and waved his goodbye.
The tattoo was controversial. Apart from the controversy, Drake is a talented young artist who has won his spot on this list. Besides being a prolific rapper and multi-genre musician, he is also a global ambassador for the Toronto Raptors, a collaborator of Apple Music, and a part-owner of the Virginia Black Whiskey Brand. He is also a shareholder in the game and film development business. Expect the net worth of Drake to climb dramatically in the coming years.
Eminem- $220 Million Net Worth
Better known as Eminem, Marshall Bruce Mathers III broke the bonds of injustice to the world’s richest rappers. His destiny was sealed when he encountered Dr. Dre in 1997. He steadily grew to fame under Dr. Dre. While he faced bigotry and scrutiny as a white rapper, he was not fazed. In 2002, he sold more than 1.32 million copies of his album in a week.
While Eminem does not have a big business enterprise like his mentor (Dr. Dre), he knows the investment value. He’s got a pretty good savings account. Besides his record sales, performance fees, and arena tours, he also has Shady Records, a moderately good record label. Since the release of a new album last January, you would expect Eminem’s net worth to rise after the tour and the inflow of record sales and digital downloads.
Master P- $245 Million Net Worth
You might wonder how Master P has been on this list for ten years without releasing an album. Oh, he’s a man with many talents. He’s not yet a rapper. He is also a writer, businessman, investor, filmmaker, record producer, philanthropist, and basketball player. Also, Master P has created an empire around No Limit. Wanting to venture outside pop, No-Limit also involves a film production company, a clothesline, a travel agency, and a video game company. Please talk about being diverse!
While more of a businessman than a rapper, he’s a real hip-hop artist in his heart. In truth, he influenced a variety of other rappers and R&B singers, including Usher and 2 Chainz. Recently, Master P’s net worth hit when he partnered up with a weed corporation to sell his strain. He’s suing the company for $25 million in lost profits.
Dr. Dre – $865 Million Net Worth
Once at the top of this chart, he is probably the single best producer in the world of rap and hip-hop. His record label Aftermath Entertainment has made various famous artists, including Eminem, Kendrick Lamar, and 50 Cent. Dr. Dre is reported to have gained over $620 million in one year alone (most likely from the sale of Beats).
This is estimated to be the highest single-year average income for any musician in history. Connect his vast music albums of years of royalties to this list as well, and we do not doubt that he will shortly join the billionaires club. Besides his record company, Dr. Dre was also the controlling stakeholder of Beats Electronics (famous for their headphones). Apple purchased for $3 billion in 2014 and is now known as “Beats by Dre.”
Diddy- $895 Million Net Worth
It’s no longer shocking to see Sean Combs (aka Diddy) in the No. 3 spots. He also received the friendly nickname “Money Making Mitch” for his fantastic portfolio. As a rapper, musician, songwriter, and producer, he produced top-selling albums and reached the Billboard charts. He has set up the Bad Boy Entertainment record label. He sold his share of the record label to Warner in 2005. He starred as an actor in Made, Carlito’s Way: Rise to Power, A Raisin in the Light, and more. As an entrepreneur, he has ventured into Aquahydrate, Blue Flame, DeLeon Tequila, and Revolt TV. His Sean John clothing line is also making steady money.
Headlines hit the headlines in 2017 when Diddy tweeted that he was interested in buying the Carolina Panthers NFL team. The Golden State Warriors superstar Steph Curry tweeted to him, saying he wanted to get in, too. His bid failed at the end of the day, but don’t be surprised if Diddy’s net worth reaches a billion, he won’t make another bid.
Jay Z- $1.05 Billion Net Worth
Jay Z, Diddy, and Dr. Dre have been big rivals on this list for more than a decade. It was not clear who would hit the first billion-dollar net worth with such a slight distance in their net worth. In the end, Jay-Z’s -net worth becomes the first on this ranking to hit $1 billion. While he might not be at the top of this list, Jay-second Z’s position is over $1 billion net worth.
This Brooklyn-born musician, songwriter, businessman, and investor made his first appearance in 1989. Several years later, he became one of the best-selling artists of all time. His 100 million record sales and 21 Grammys are evidence of this. It also has a long list of business projects, including D’Usse Cognac and Roc Nation. He’s also recently signed a contract with tech giant Samsung.
Kanye West- $2.9 Billion Net Worth
Kanye West’s net worth, like Kanye, is almost an enigma. It’s gone from $175 million to nearly $3 billion in just a few years because of smart business and publicity moves. Rapper, rapper, fashion designer, and businessman, Kanye West appears to be doing it all. Like 50 Cent, he was plagued by bankruptcy rumors. But with his $20 million estates and Mercedes Maybach, it doesn’t look like he’s headed to the gutters. It doesn’t hurt that his wife, Kim Kardashian, is reported to have a net worth of $915 million.
Known for possessing an entrepreneurial spirit, West has launched a variety of various projects. Some of these crashed, while others were remarkably successful. Perhaps the most popular of all his projects is the Adidas Yeezy Collection. His Yeezy sneakers are continually selling for over $400. He also receives a decent deal from his album sales, tours, GOOD Music ventures, and production work. He certainly makes better than he did last year and loves his various estates, including a ranch in Wyoming, where he’s building a 52,000 square foot home. While some claim that Yeezy’s net worth is close to $1.3 billion, the latest estimation of his sneaker business by Bank of America pushed Yeezy’s valuation close to $3 billion.