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TEMPO.CO, Jakarta - Forbes published the names of the world’s celebrity billionaires in the year 2024. The list features 14 prominent figures in the entertainment industry, including Oprah Winfrey, Kim Kardashian, Taylor Swift, and Jay-Z.
Speaking of Jay-Z, the husband of pop icon, Beyoncé Knowles, is influential in the rap industry, releasing hit-after-hit songs. The rapper further solidifies his legacy with a mind-boggling wealth, amounting to over US$2 billion.
Are there other rap artists with skyrocketing fortunes? This article unveils the top 10 richest rappers in 2024, as cited from The Scotsman.
List of the Richest Rappers in 2024
The following list is based on The Scotsman’s findings with additional information from other sources, including Forbes and Britannica. Without further ado, let’s dive into the list of the 10 richest rappers in 2024, ranked by their staggering net worths.
10. Kendrick Lamar (US$85 Million)
On the tenth position, we have Kendrick Lamar, boasting approximately US$85 million of net worth. The California-born artist has released a collection of hits, with “Humble” among his best-remembered.
While much of his wealth comes from music, Lamar’s endorsement deals, namely with Nike and American Express, have steadily increased his fortune.
9. Nicki Minaj (US$150 Million)
Nicki Minaj has been well-established in the hip-hop industry with most of her songs garnering millions, even billions, of views on YouTube. The musician behind the old-but-gold “Super Bass” reportedly amasses about US$150 million worth of fortune.
8. Lil Wayne (US$170 Million)
Lil Wayne started to pursue a career in music back in the late 20th century, with his debut as a member of Hot Boys. Nevertheless, Wayne’s solo career began after the release of his LP entitled The Block Is Hot, selling over a million copies.
Wayne’s wealth primarily stems from his music, including his tour. In 2024, his net worth revealed a figure of US$170 million. Furthermore, as per Forbes, the rap artist also launched his clothing line called Trukfit, as well as signed an endorsement deal with Mountain Dew.
7. Snoop Dogg (US$185 Million)
Snoop Dogg remains a global icon with his laid-back style. During his tenure as a rapper, Dogg has been collaborating with numerous fellow musicians, like Dr. Dre and Wiz Khalifa, producing earworm songs.
Since he’s often associated with cannabis, Dogg even co-founded one of the first cannabis-focused investment funds, Casa Verde Capital. His wealth is estimated to surpass US$180 million in 2024.
6. Eminem (US$250 Million)
Often hailed as the GOAT (greatest of all time) in rapping, Eminem is among the best-selling artists. His albums sold millions of copies and even charted countless times on Billboard.
This impeccable success earns the hip-hop mogul numerous achievements, including Grammy and MTV Video Music awards, as well as a staggering US$250 million in his bank account by 2024.
5. Drake (US$250 Million)
Does Kiki love Drake? Who knows? But, one thing for sure is that the Canadian rap musician is indeed among the richest rappers in 2024. As of 2024, his net worth stands at an estimated US$250 million.
Alongside his massive fortune, Drake has been handed extensive amount of awards, including the Grammy. His career extends beyond music even further to becoming a TV show producer. Yes, he’s one of the executive producers of HBO series Euphoria, Britannica notes.
4. Kanye West (US$400 Million)
Kanye West, now known under the name Ye, might not be the perfect fit to run for the U.S. presidency, but he sure shines the brightest as a musician. The American producer has cemented his position as one of the critically acclaimed solo artists in the industry with his outstanding fortune.
West’s wealth is currently at US$400 million. The latter includes cash, real estate, the value of his music catalog, and a 5 percent stake in Skims, his ex-wife Kim Kardashian's shapewear brand, as quoted from Forbes.
3. Dr. Dre (US$500 Million)
Aside from being an actor and record producer, Dr. Dre is undeniably a financial powerhouse. With a net worth of US$500 million, one of Dr. Dre’s revenue streams includes his landmark Apple deal.
2. P Diddy (US$800 Million)
Prior to his current lawsuits, P Diddy used to be one of the most respected figures in the entertainment industry. The formerly known Puff Daddy is also prominent for his wealth, standing at approximately US$800 million, with most of his bank notes coming from his partnership with Diageo's Ciroc vodka.
1. Jay-Z (US$2 Billion)
Topping the list is none other than Jay-Z, the first rapper to become a billionaire with a bank balance showing a figure surpassing US$2 billion. His wealth comes from a variety of sources, but his liquor businesses are the most lucrative.
In addition to that, Jay-Z owns an array of assets, including a fine art collection and his music catalog, and shares in companies like Block and Uber.
We have more lists of artists holding jaw-dropping amounts of wealth here on Tempo. Find your way to our previous article on the world’s richest singers in 2024.
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