Being in the music industry, it's not just about entertaining your fans but also making some good money. The industry has many benefits for the entertainers, but some retire from active performance and concentrate on their business ventures. Part of these stars is hip-hop artists who were wise enough to invest their money somewhere else. Even though no rapper has reached the $1 billion mark, they are still pushing on, and the main ones fighting for that position are Diddy, Jay-Z, and Dr. Dre.
Here is a list ranking five rappers according to their net worth.
1. Diddy
According to Complex, Diddy is the real definition of a rapper with money. When he got to music, his first album “No Way Out” went platinum seven times. The rapper has a clothing company known as Sean John which rakes in about $525 million in revenue every year. Furthermore, Diddy receives half of the profits made from Ciroc and heads Combs Enterprises, which houses successful companies like Bad Boy Entertainment and some brands. Diddy is not just successful as a hip-hop artist, but also one of the most successful businessmen in The World.
Net worth: $820 million
2. Jay-Z
The rapper holds the record for the most solo albums to top Billboard charts. He has had a successful career as a rapper and is married to Beyonce. But making music is not the main thing that is making him much money. According to Slice, JAY has his own businesses and stakes in Armand de Brignac champagne, Rocawear, and Tidal which jointly have helped him make accumulate millions of dollars and he is almost reaching the billionaire status.
Net worth: $810 million
3. Dr. Dre
Dr. Dre rose to fame as a DJ before he became a rapper and a producer. He owned the famous Beats Electronics which according to ThougtCo, he sold to Apple for $3 billion in 2014. It’s the deal that made Dre among the third Richest rapper.
It is estimated that he bagged over $600 million from the sale, which made him the highest paid musician in history. Dre also receives royalties in cash from extensive music recording catalog. Furthermore, helping the executive produce the film “Straight Outta Compton” which was about NWA, made him more money.
Net worth: $740 million
4. Nicki Minaj
After Dr. Dre, the fourth richest rapper is Styles P who is worth $250 million. Well, the list is dominated by male rappers, and it would be fair to mention the wealthiest female rapper, and that’s Nicki Minaj. Minaj is considered as one of the most influential women in hip-hop, and she has had some endorsement deals and has appeared in films, according to Slice. She also owns a stake in Tidal and a fragrance line.
Net worth: $75 million