This is truly an inspiring countdown of the top 10 richest rappers. In 2019, Jay Z officially became the highest net worth rapper in the world, when Forbes crowned him as the first billionaire rapper!
The rappers featured on this list, all started from the bottom, none of them had trust-funds or wealthy parents.
Yet, against all odds, they’ve achieved the American dream and one has even attained billionaire status.
They didn’t reach this level of success by simply winking it. It takes a clever head to conduct good business and a keen eye for spotting investment opportunities.
This countdown of the top 10 richest rappers, omits some of hip-hop’s elite – those who never rapped nor released a studio album of their own – hip-hop executives like Russell Simmons and ‘Slim’ Williams.
This countdown only features ‘real’ rappers – those who’d actually released their own studio albums. Producers who rap also feature on this list – who would’ve thought Kanye West would make the cut…he’s always ranting about being broke…I guess US$240 million is peanuts to him.
Jay-Z made a bold statement in one of his songs back in 2007…he said, “I’m already the G.O.A.T. – next stop is the billie.”
And today, he’s the first billionaire rapper in the world…a testament to the belief…that one should always take care of the words they utter, as they really do manifest into reality.
But the real question is…who will be the next billionaire rapper after Jay Z?
The answer is almost certainly one of the names below, they’re all seasoned entrepreneurs who know how to hustle hard…I put my money on Diddy and Kanye…they always got an ace up their sleeves.
Now, let’s get started with our countdown of the top 10 richest rappers in the world, and discover how their fortunes were made!
Drake — (net worth) — US$150 Million
Aubrey Drake Graham is the 10th highest net worth rapper in the world.
He’s also the youngest entrant on our list of the top 10 richest rappers.
The Canadian entertainer has a net worth of US$150 million…considering that Drake’s net worth more than doubled over the financial period of (2018 – 2019)…he’s on his way to becoming one of the top 5 richest rappers, in the next few years.
So, how exactly did Drake make his fortune…
Apart from earning his money from lucrative tour deals and album sales, Drake’s a savvy businessman and has made sound investments in the real estate sector, as well as establishing his own whiskey brand called Virginia Black.
His October’s Very Own (OVO) label, still brings in a lot of hard cash and his clothing line operates all year round.
If Drake keeps stacking money like this, he might just become the next billionaire rapper.
Pharrell Williams — (net worth) — US$150 Million
Pharrell Williams is the 9th highest net worth rapper in the world.
Pharrell has been a pioneer in the hip hop industry for quite some time. He has produced some of the biggest hits in the pop and hip hop industry.
Not only is he a rapper, singer-songwriter and record producer…he’s a film producer too.
Pharrell Williams is a seasoned entrepreneur and his income is derived from several different industries.
He owns a media venture and record label, called i am OTHER. This multimedia collective encompasses art, fashion, entertainment, music and all of his other endeavors…including his Billionaire Boys Club.
Lil Wayne — (net worth) — US$150 Million
Dwayne Michael Carter Jr., known professionally as lil Wayne, is the 8th highest net worth rapper in the world.
His well documented beef with Birdman had many assuming Wayne was broke…but that could’ve been further from the truth.
Birdman has a reputation for not paying people he works with. It’s true that he owes lil Wayne millions of dollars, but Wayne has been in the game for over two decades now and has made some smart financial moves.
Wayne makes money from a series of lucrative live shows. He also has full control of the Young Money brand, the label which Nicki Minaj and Drake are signed to.
Wayne gets a percentage from all the artists signed under him…Let’s not forget about his skate punk clothing line that became a hit with teenage skateboarders.
Everyone assumed Birdman is one of the top 10 richest rappers…but, he doesn’t even make the cut. In fact, Nicki Minaj’s net worth is bigger than his…
She has a net worth of US$85 million, while Birdman has a net worth of US$80 million.
Lil Wayne has a net worth of US$150 million, the same as Drake’s…but Drake is piling up the money at a much faster rate than the Louisiana rapper…Wayne might just not make the cut next year.
Ice Cube — (net worth) — US$160 Million
The 7th highest net worth rapper in the world…is…O’Shea ‘Ice Cube’ Jackson.
The Compton rapper is one savvy businessman, the bulk of his US$160 million net worth comes from his movie ventures…
He produced and starred in the “xXx” series, he has also featured in ‘Boyz N the Hood’, ‘Barbershop’, ‘Ride Along’ with Kevin Hart, ’21 & 22 Jump Street’ and several other films.
His producing and acting skills managed to net him a cool fortune. He also co-produced the N.W.A. biopic – Straight Outta Compton.
Ice Cube still releases some tracks every now and then, but his main focus is the movie business and it seems to be working for him.
Eminem — (net worth) — US$210 Million
Marshall Mathers, known professionally as Eminem, is the 6th highest net worth rapper in the world.
Eminem has multiple platinum records and he was responsible for bringing 50 Cent into the fold, but musical success alone didn’t earn him a net worth of US$210 million.
Eminem has proven himself to be a smart investor. His investments in StockX and the online music encyclopedia – Genius…are yielding some good returns that’ll cushion his net worth even more.
Eminem really has a large and loyal fan-base. Even on streaming platforms, he’s pulling in massive numbers that earns him cozy sums of money.
He’s definitely going to be one of the top 10 richest rappers for the foreseeable future.
Kanye West — (net worth) — US$240 Million
You would’nt have thought Kanye West would be one of the top 10 richest rappers in the world!
He’s always ranting about being broke and in serious debt. In 2016, he declared himself to be US$53 million in debt and pleaded with Mark Zuckerberg to give him $1 billion US dollars.
He also asked, former CEO of google – Eric Schmidt, for millions of dollars – in order to continue working on his genius creations.
While Kanye West’s net worth of US$240 million might not reflect what’s in his bank account. Ye’s fortune is almost solely based on the valuation of his Yeezy shoe brand, which is now collaborating with Adidas.
It shocked many to find out that Ye is the 5th highest net worth rapper in the world…they must’ve forgotten about his numerous sold-out tours and that he owns G.O.O.D. Music…
He get’s a percentage from Pusha T, 2 Chainz, Big Sean, Teyana Taylor and all the other artists signed to G.O.O.D. Music
Master P — (net worth) — US$250 Million
Master P has always been one of the top 10 richest rappers, he started hustling way back in the 1990’s.
He’s known as Percy Robert Miller in the boardroom and he’s the 4th highest net worth rapper in the world.
He started his ‘No Limit’ record label back in the 1990’s and its roster of artists are primarily managed by his son, Romeo.
Master P is a very intelligent man and has thoroughly diversified his income streams. He has a solid portfolio of real estate properties, film and TV show features, sex toy businesses and fast food outlets.
Despite his hectic schedule, the CEO of P. Miller Enterprises still finds time to write books and manage Gucci Mane.
Diddy — (net worth) — US$740 Million
Sean ‘Diddy’ Combs had always led the pack of the top 10 richest rappers…that was before Dr. Dre and Jiggy Man overtook him.
Diddy’s net worth of US$740 million is nothing to sneeze at though and he’s on track on becoming a billionaire in the next year or so.
In the meantime, Diddy has to remain content with being the 3rd highest net worth rapper in the world.
Diddy has multiple income streams…his BadBoy music label, Sean John clothing line and cable network Revolt all bring in the MONEY…but…it’s his 50/50 profit deal with Ciroc, that’s his main revenue source.
Dr. Dre — (net worth) — US$800 Million
Andre Young ( a.k.a Dr. Dre) is the 2nd highest net worth rapper in the world.
Dr. Dre is considered to be one of the best hip hop producers of all time. He’s responsible for bringing 50 Cent and Eminem into the limelight.
Dr. Dre’s net worth of US$800 million is primarily derived from the sale of his Beats headphone line to Apple Inc, in 2014.
Apple bought his headphone line for US$3 billion, at that time Dre had an estimated 25% ownership of the company he co-founded with Jimmy Iovine, this left the superstar producer with a little-over US$500 million from the deal, and he has been one of the top 10 richest rappers ever since.
Since the sale of Beats, Dr. Dre has been investing heavily in the real estate and stock markets…he has been reported to have bought a healthy amount of Apple stocks worth an obscene amount of money.
Many industry insiders are speculating that his Apple stock could make him the next billionaire rapper very soon.
Jay Z — (net worth) — US$1 Billion
Jay Z officially became the highest net worth rapper in the world, when Forbes crowned him as the first billionaire rapper in 2019!
Jay Z’s fortune is derived from his investments in Tidal, Roc Nation and liquor company, Armand de Brignac (Ace of Spades) – which sells one of the most expensive champagne in the world.
He owns Dusse, a cognac brand and has stakes in some clothing lines too. He also owns a string of nightclubs.
Take Beyonce’s net worth into account and the power-couple stand at US$1.4 billion strong!
Sadly…our countdown of the top 10 richest rappers has come to an end…
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