Have you ever wondered about who the richest rappers are in the world right now?. If the answer is Yes, keep reading ahead to see for yourself. With the fast emergence of new artists, this musical style called rap has been popular as ever among the masses. Famous for an extravagant lifestyle including fancy cars, houses, and other purchases, these rap artists are swimming in cash.
Not only are these rap artists famous in their field of entertainment, most of them single-handedly run successful companies and enterprises. Some of the most lucrative businesses of today are run by these rap artists. We are going to list below 20 of the richest rappers in the world right now. Most of these are not pure rap artists. However, they have dipped their toes in this field of entertainment at some point in their life.
Net Worth: $90 million
The popular American rapper and song producer, Armando Christian Perez, aka Pitbull, and known as ”Mr. Worldwide” by his fans, has a net worth of $90 million. He has over 100 million records internationally throughout his career. His singles have been the #1 on the charts in 15 countries ever single his hit single, ”T know You Want Me” came out.
19. Mike D
Net Worth: $90 million
Michael Louis Diamond, or better known as Mike D, is the founding member of the famous hip-hop group, Beastie Boys. The group sold over 59 million records internationally and released 7 platinum-selling albums from 1986 to 2004. He owes much of his fortune to the group. The group was disbanded in 2014.
18. Adam Horovitz
Net Worth: $90 million
Famous for being one-third of the Beastie Boys, Adam Horovitz, aka King Ad-Rock, is an American musician, rapper, producer, actor, and a guitarist. His band has sold over 22 million copies in America. He has also made an appearance in TV shows and movies. He recently started in the movie, Golden Exits.
17. Swizz Beatz
Net Worth: $100 million
With a career of over decades-old and several hit singles for artists like Kanye West and Jay Z, Swizz best is at 17th spot in our list with a net worth of $100 million.
This net-worth is a combined effort of him and his beautiful wife, Alicia Keys, a famous American singer and actress
Net Worth: $100 million
Birdman is one of the co-founders of Cash Money Records. He has earned most of his money through discovering talents such as Drake and Lil Wayne. He is also responsible for the establishment of ”Rich Gangs”.
15. LL Cool J
Net Worth: $120 million
James Todd Smith, aka LL Cool J, stands at 15th in our list of richest rappers with a net worth of $120 million. He is a rapper, actor, entrepreneur, and author from Queens. He was one of the earliest successes of the hip-hop industry.
He has 2 Grammy Awards under his belt for releasing two hit compilations and 13 studio albums. He is one of the first rappers ever to receive the Kennedy Center Honors and has appeared regularly in NCIS: Los Angeles.
14. Lil Wayne
Net Worth: $120 million
Dwayne Micheal Carter Jr., aka Lil Wayne, is the longest standing member of the Cash Money Records label. Although he spent some time in prison, he still managed to stay under the 10 richest rappers of all time. He has sold over 100 million records internationally and has collaborated with rappers such as Drake and Nicki Minaj.
Lil Wayne has also founded several businesses including his shoe line, clothing line and a flavorful cigar factory.
13. Snoop Dogg
Net Worth: $135 million
One of the most popular artists in the year 2020, Snoop Dogg has earned a place in our list of richest rappers. He started his career in 1992 when he featured on Dr. Dre’s solo album, The Chronic. Since then he has come a long way in his music career. Having won several awards and sold more than 35 million albums internationally, Snoop Dogg has also earned his star on the Hollywood Walk of Fame.
Snoop Dogg is also famous for his quirky sense of humor and his unorthodox friendship with the celebrity chef, Martha Stewart.
12. Pharrell Williams
Net Worth: $150million
Famous for his rapping and songwriting, Pharrell Willians is also a successful film and record producer. He founded his media venture that includes music, fashion and art and is called, ”I am Other”. Among his other ventures is a multimedia collection called the ”Billionaire Boys Club”.
Furthermore, he has served as a judge on The Voice and is married to the model/designer Helen Lasichanh.
11. Ice Cube
Net Worth: $160 million
Not only a rapper, but Ice Cube is also a successful actor, record producer, filmmaker, and a songwriter. He started his career as a part of the hip-hop group C.I.A and then joined N.W.A. Soon, Ice Cube started playing solo and also dipped his toes in acting and has had several successful films including, XXX, Jump Street series, and the infamous comedy series Ride Along.
All his ventures combined put him at a net worth of $160 million.
Net Worth: $170 million
Formerly an actor-turned-rapper, Aubrey Drake Graham, or better known as Drake, ranks at the 10th spot in our list with a net worth of $170 million. Along with being a rapper, he is also a singer, a songwriter, a record producer and is also an actor from Canada.
Drake started his career from starring in a teen drama series Degrassi: The Next Generation. Since then, he also started rapping that earned several Grammy Awards, BET Awards, and Juno Awards.
9. Ronald Slim Williams
Net Worth: $170 million
Ronald Slim Williams is one of the richest American rappers with a net worth of $170 million. He earned most of his money by co-founding the Cash Money Records with his brother, Birdman.
All the wealth that Drakes and Nicki Minaj’s albums make, brings him more money. He is famously known as the ‘’Godfather’’ of the Label.
Net Worth: $180 million
Usher Raymond IV, better known as just Usher, is an American singer, songwriter, dancer and actor. He has solved around 43 million albums over the years. He started his career at the age of six when he sang in his church choir and performed on Star Search. This landed him his first gig of a recording contract with LaFace Records.
Also, he performed at Broadways which added to his net worth of $180 million. He also has 8 Grammy Awards to his name and is included in both the Hollywood Walk of fame and Georgia Music Hall of Fame.
7. Master P
Net Worth: $200 million
Before Jay Z and Diddy became musicians turned businessmen, Master P had set the stage already for upcoming rap businessmen. He is a world-famous rapper, an actor, record producer, former basketball player, and a successful businessman. He had signed preseason contacts with two NBA teams in the Charlotte Hornets and the Toronto Raptors. He signed Snoop Dogg for a 3-album deal, back in the late nineties.
He established his record line, Limit Records, that was later relaunched as New No Limit Records. Furthermore, he is the CEO of Miller Enterprises. Master P net worth is estimated at $200 million as of 2020, earning him the 7th spot in our list of richest rappers.
Net Worth: $230 million
With a net worth of $230 million, Marshall Bruce Mathers III, aka Eminem, is our sixth richest rapper in the world right now. Being the only white rapper performing at his shows, Eminem received a lot of racial hatred. Additionally, he was bullied quite often as a kid and had to move around a lot. This caused him to grow up without any real friends.
However, he went through all the obstacles only to emerge as a best-selling artist of all time. He hit a record high when 10 straight albums of his make it to #1 on the Billboard 200. He has earned most of his money from album sales, sell-out tours and performance fees.
5. Kanye West
Net Worth: $250 million
Kanye West, whose real name is Kanye Omari West, is the 5th richest rapper today with a net worth of $250 million. He is also a successful songwriter, fashion designer, record producer, and entrepreneur. Although Kanye is said to be in major debt, he still has a lot of money. He is the owner of the successful clothing and shoe line, called Yeezy.
He is married to the infamous reality TV star, Kim Kardashian. Appearing in his wife’s family show added to his net-worth. Kanye West has 21 Grammys to his name and is one of the most popularly recognized rappers today because of his involvement in politics and controversies.
4. Russell Simmons
Net Worth: $340 million
If you haven’t heard of Russell Simmons yet. Let us introduce you to the 4th richest man in the world of rapping. Russell Simmons is one of the oldest artists on our list. He is an American entrepreneur, producer, and author. Although he is less of a rapper himself. But he has been directly or indirectly responsible for the careers of many successful rappers in the world.
He founded the Def Jam Recordings and is also the CEO of Rush Communications. Although, he has since stepped down from his role as the CEO of Def Jam Recordings due to allegations of sexual misconduct. Russell Simons has also invested in several famous clothing lines, such as the Phat Farm and Argyleculture. All this combined along with his other ventures, puts him at the 4th place in our list of the richest rappers.
3. Dr. Dre
Net Worth: $850 million
One of the best-known hip-hop producers of all time, our list is bound to include Dr. Dre or also known as Andre Young. Much of his wealth comes not from his music career, but his ventures outside the world of music. Dr. Dre is the successful founder of Aftermath Entertainment and Beats by Dr. Dre, a successful headphone line that has since been sold to Apple for $3 million.
Additionally, he also tried his luck in acting which just added to his wealth. Dr. Dre is the 3rd richest rapper in the world today with a net worth of $850 million.
He began his career with the N.W.A back in the 80s before he went on to making solo music.
2. P Diddy (Sean Combs)
Net worth: $855 Million
You all know who Sean Combs, aka Diddy, is in the world of hip-hop music. But are you also aware that Diddy is more than just a rapper? He is an excellent entrepreneur, actor, producer, and songwriter. A few of his business ventures include a 50% stake in the Ciroc Vodka brand, owns an alkaline water brand called ”Aquahydrate” with the famous actor Mark Wahlberg and is also the successful owner of the ”DeLeon” tequila brand.
In addition to all this, Diddy owns major stakes in the multi-platform TV network, Revolt TV. He has also made an appearance in several successful commercial films and founded the Bad Boys Entertainment back in 1993, which contributed a great deal to his wealth. For the longest period, Diddy was the richest rapper in the world until someone else took his spot. Scroll down below to find out who that is. For now, Diddy is the 2nd richest rapper in the world with a net worth of $855 million.
1. Jay Z
Net Worth: $1 billion
Shawn Corey Carter, or better known as Jay-Z, is the richest rapper in the world in 2020. He is an American rapper and entrepreneur from Brooklyn. Growing up, he faced a rough childhood. But that did not stop him from becoming the best rapper of all things. With a record sale of 75 million singles worldwide and 22 Grammy Awards, Jay Z is one of the most influential rappers in the world currently.
Not only is he a world-famous rapper of all time, but he is also an excellent businessman. He has invested in clothing lines, record companies, night clubs, alcohol companies, and sports teams. Jay Z is a successful co-owner of the 40/40 Club in New York. All this combined with his music career led him to become the first billionaire in the industry of hip-hop, as well as the richest American musician currently.
He is also married to another famous musician, Beyonce. Both Jay Z and Beyonce’s assets combined come up to a net worth of 1.4 billion dollars.
The hip-hop industry has seen a constant stream of young artists wanting to make it big in the industry. And it is no wonder why. Hip-hop is a highly lucrative industry that will earn you in million if you make it through it.
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