Hip-hop music, or rap music as it is more often known, is a form that originated in the United States in the 1970s.
Being in the realm of hip hop has proven to be incredibly lucrative, as seen by the fact that the music has produced a billionaire. The same old bigwigs of the game are on our list of today’s richest rappers, as you might expect, with a few surprises climbing the hierarchy of the richest and some making it into the G.O.A.T.
If you’re wondering if music can make you a billionaire, the answer is yes, but only if you go out and do more than just music, which is precisely what this year’s top ranked hip hop richest performers have done.
The top richest rappers in the world as of November 2021 are listed below.
1. Kanye West is the richest person in the world, with a net worth of $1.3 billion.
Ever heard of multi-hyphenates well there those and there is Kanye West. The outspoken rapper hails from Chicago and rose to fame producing tracks for Common, Ludacris, Jay-Z, and others. His debut album College Dropout was released in 2004, and as of today, he has sold over 100 million records.
As of November 2021, Kanye West’s net worth stands at $1.3 billion. Other than music, Kanye West has ventured into entrepreneurship, where he has collaborated with brands such as Louis Vuitton, Nike, Adidas, A.P.C, among others. Other businesses that have contributed to Kanye West fortune include Good Music, KW Foods LLC, DONDA, Tidal, among others. With his wealth growing day by day, we can say soon he might join his sister-in-law, Kylie Jenner, who is in the list of billionaires.
2. Jay-Z has a net worth of $1 billion.
He is the first billionaire in hip-hop, and even better, he is the first billionaire hip-hop musician. Jay-Z, one of the top 100 greatest musicians of all time, is married to Beyoncé, the queen of dance and one of the world’s best-selling music artists, with over 100 million albums sold worldwide. Jay-Z and Beyoncé have a combined net worth of more than $1.4 billion as of November 2021. So much has been made of the idea that music is a fading industry.
Jay-Z has made money with music, having sold more than 50 million albums and over 75 million singles globally. He is also a successful entrepreneur who has a vast business empire in a variety off industries, such as record labels, real estates, beverages, clothing lines, and sports teams. His music streaming service Tidal which he bought at $200 million, is valued today at $600 million. Other investments include Roc Nation Sports, Roc Nation entertainment company, Armand de Brignac champagne, Block Starz Music, JetSmarter, Cohiba, among others.
3. P. Diddy has an estimated net worth of $855 million.
Sean John Combs is his true name, however he is also known as Diddy, Puff Daddy, and P. Diddy. Let’s assume he’s a man with a couple of abilities, or what we’d term multi-talented. Puff Daddy is a rapper, actor, record producer, composer, and record executive, as well as an entrepreneur.
He is in the world today with a net worth of $855 million as of November 2021, and he has earned his fortune not just from his music but from doing business too. He started entrepreneurship at the age of 12 when he was selling newspapers, and today he owns a portfolio of businesses. Some of Combs businesses include a clothing line Sean John, perfume, restaurants, owns a stake at Ciroc Vodka, Revolt TV, and alkaline water brand Aquahydrate.
4. Dr. Dre is the fourth richest person in the world, with a net worth of $820 million dollars.
His full name is Andre Romelle, and he is a composer, actor, audio engineer, record producer, record executive, and entrepreneur in addition to being a rapper. Dr. Dre is the founder of Beats Electronics and the proprietor of Aftermath Entertainment, which you may be familiar with thanks to his iconic Dr. Dre Beats headphones.
He has been placed as the third richest rapper with a net worth of $820 million as of November 2021. Dr. Dre’s wealth fortune came about when he sold Beats by Dr. Dre to Apple in 2014 for $3 billion, where he owned around 25% of the company stake.
5. Master P – $350 million net worth
Percy Robert Miller is a record producer, a former basketball player, an actor, and a rapper who goes by the stage name Master P. He is the creator of No Limit Records, Guitar Music Entertainment, and No Limit Forever Records, all of which he founded. He rose to prominence in the 1990s as a member of the hip hop group TRU.
As of November 2021, Master P net worth stands at $350 million. He has made his money from his travel agency, real estate, music selling more than 75 million records, stocks, Foot Locker retail outlet, film, fast food franchises, auto accessories, clothing, jewelry line, television production, car rims, gas stations among other businesses.
6. Eminem has a net worth of $220 million dollars.
As of November 2021, with a net worth of $220 million, Eminem is one of the most successful rappers of the 21st century. Though his music is a bit controversial since it’s about his hatred for his ex-wife and the love of his daughter, he is one of the most successful best-selling music artists with over 150 million certified records sold globally.
He has been named the Artist of the Decade, won over 15 Grammy Awards, 20 Billboards Awards, and included in the list of 100 Greatest Artists of All Time. Other than earnings from music, which have contributed significantly to his wealth, he also makes money from being an actor, songwriter, publisher, and record executive.
We employed a system of looking at their historical profits, leafing through financial records in our hands, appraising all of their present holdings, and looking at other industry players’ data to acquire information about the top wealthiest rappers.