Hip-Hop's Top 20 Earners Diddy tops this year's Cash Kings list, pulling in $50 million over the past 12 months. After all, Eminem, Drake, Travis Scott, J. Cole and Wiz Khalifa were also on the roster some of the biggest names in the industry. Students saw it as a fallback option.". You might be using an unsupported or outdated browser. Other classic acts to sell their lucrative music catalogs in the past year include Bob Dylan, Paul Simon and Neil Young, who hauled in a combined $500 million before fees, enough for each to earn a spot in this years rankings. Doug is the U.S. Editorial Director for Forbes Advisor. Indeed, there are places Hip-Hop could still improve, perhaps most notably when it comes to its persistent gender pay gap. Thursday, April 11, 2019 at 4:39 PM by Jackline Wangare. (The name translates to Pegasus University. Iervolino felt he had accomplished what he had set out to achieve, building an online learning giant that had changed the education landscape in Italy. In the past two years, major streaming services have spent some $3.7 billion to secure the rights to TV hits such as Friends and Law & Order, helping land the creators of both shows on this years entertainers list. 2023 Vibe Media, LLC. Jay-Z and the artist formerly known as Kanye West topped Greenburg's list (as shared by Vibe) of the highest paid hip-hop acts of 2021, earning a reported $470 million and $250 million . According to Vibe, his net worth has skyrocketed to $1.5 billion. "I invest in companies that fully embrace the digital revolution, particularly cybersecurity and telemedicine, he says. According to Forbes, the deal earned JAY-Z a cash payment of at least $300 million. Jay-Z and Kanye West Were the Highest Paid Hip-Hop Artists of 2021 Outside of the top three, Drakes record-breaking album Certified Lover Boy pushed his 2021 earnings to $50 million, while Wiz Khalifas successful ventures into the legal cannabis industry saw him pocket $45 million last year. Jigga has made $470 million, Ye rakes in $250 million and Diddybrings in$75 millionthe aforementioned rappers are the big three on the list. When Jay-Z and Kanye West launched their classic album Watch the Throne back in 2011, they racked up earnings that look almost quaint in hindsight. He is best known as a member of the hip-hop group the Beastie Boys. 2023 Forbes Media LLC. MMAs tend to pay at least slightly higher interest than a standard savings account. Diddy $75 million Forbes latestlist of the world's richest people includes seven titans of finance, media and fashion who make up an even rarer club: African American billionaires. Hov also offloaded a 50 percent stake in his champagne brand Armand de Brignac to luxury goods giant LVMH for a reported $600 million. Kanyes 2022 is already off to a lucrative start having pulled in over $2 million in less than a week from sales of his $200 Stem Player, through which he is exclusively rolling out his new album Donda 2. "Highest Paid Hip Hop Artists of 2021 (via Zack O'Malley Greenburg aka Forbes Cash List Creator) $470m - Jay-Z $250m - Kanye $75m - Diddy $50m - Drake $45m - Wiz $38m - Travis Scott $35m - DJ Khaled $28m - Eminem $27m - J. Cole $25m - Doja Cat & Birdman" A newer member of the 'club,' James hit the valuation in June 2022, per Forbes, after making $121.2 million in 2021. 2 on the list is fellow Watch The Throne royalty Kanye West, who earned $250 million in 2021 almost entirely thanks to his Yeezy footwear empire. Some sat back and collected checks from surging catalogs, like Super Bowl star Eminem and Cash Money co-founder, Birdman. The Boss unloaded his entire body of work to his longtime label home Sony Music Group in December. 2. Diddy - $75 million 4. Here's what the Forbes Cash Kings list creator had to say about Wiz's 2021: "Wiz Khalifa cashed in on the cannabis revolution with products including his Khalifa Kush (and got a big boost. Your financial situation is unique and the products and services we review may not be right for your circumstances. Shawn Carter leads the rap pack with a career-best total of $470 million. The rapper has reacted to his ranking on a new list of hip-hops highest-paid artists. Still, the vast majority of his wealth is liquid: Forbes estimates Iervolino is worth $1 billion, with more than two thirds of it held in cash and stocks. That can make it cheaper for many prospective applicants, compared to public universities that charge roughly $1,000 to $4,400 a year, depending on income, and private schools that cost between $6,600 and $21,800. Hip-hops first billionaire showed his business chops in 2021 when he cashed out stakes in music streamer Tidal and the Armand de Brignac champagne brand. 10. That means teaming up with many of the names on this list, and not just Jay-Z and Kanye. He says he wants to focus on tech, with investments in several startups and venture capital funds. I love the United States, how America celebrates ingenuity, creativity and success," says Iervolino. 8. But out of the 10 artists on the list, one may have come as quite a surprise. An attractive interest rate is important, but its not the only factor when selecting an account to hold your savings. In December, Bruce Springsteen sold the masters and publishing rights to all his recorded music and songwritingincluding 11 multi-platinum albums and five gold singlesfor what sources say was almost $500 million. One week ago, the best rate also was 4.64%. Find an account thats insured by the FDIC or, in the case of credit unions, the NCUA. Forbes reported West's net worth had reached $1.3 billion last . That's steady with the top . If you score a basic savings account with a rate in that ballpark, youve found a good deal. Fast forward a decade, and both artists earnings have increased more than tenfold. Nas net worth according to Forbes. Now Italys newest billionaire is pursuing his passions, tinkering with plans toas he puts it, revolutionizebusinesses across a range of industries. Jay topped the list with. 7. The Bridgerton producer made a bet on herself when she signed with Netflix in 2017 and wowed executives there with one of the streamers most talked about pandemic releases. Why Drake laugh at Forbes reporting he made $50 mil last year ? 3. "This is my biggest regret, because I was making my dream of becoming an entrepreneur come true.". Editorial Note: We earn a commission from partner links on Forbes Advisor. He sat at No. I started compiling the "Forbes list" of hip-hop's top earners over a decade ago. Performance information may have changed since the time of publication. Responds To CamRon After His Back And Forth With Joe Budden, Ice Spice & Nicki Minajs 'Princess Diana' Outsells Entire Top 25 On Hot 100, LeBron Quotes Obscure JAY-Z Lyric To Poke Grizzlies After Bouncing Them From Playoffs. We continued to invest in technology, structures, personnel and professors, and we reached the top in a few years.. Wiz Khalifa netted $45 million (No. The Big Little Lies star sold her female-focused production company Hello Sunshine to private equity firm Blackstone at a $900 million valuation in August; she still has a stake. Dun-dun! 6. The 32-year-old songwriter turned anger into profit by remaking and releasing recordings sold by Scooter Braun without her consent in 2020; she also brought in earnings thanks to lucrative Peloton and Starbucks J. Cole $27 million Hip Hop's highest earners of 2021 have been announced, and it appears the global COVID-19 pandemic hasn't done any harm to their pockets. The Kiss Me More rapper racked up $25 million from her global presence and partnerships with Pepsi, Taco Bell, and Candy Crush. Jay-Z Tops Forbes 'Hip-Hop Cash Kings' List - Billboard Net Worth: USD 884 Million. Jay-Z, Kanye West and Tyler Perry: The seven richest African Americans DJ Khaled $35 million Get weekly rundowns straight to your inbox, Get our latest stories in the feed of your favorite networks. The genre has stared down the barrel of systemic racism from the beginning, and acts historically havent been able to rely on live shows or fat corporate checks like their peers in other corners of the music business. Even the comparatively fresh-faced Taylor Swift, No. The two continued to fuel romance rumors at Saturdays boxing match. Information provided on Forbes Advisor is for educational purposes only. In addition to the 500-plus songs he has written for his own band, the OneRepublic frontman has penned hits for Beyonc, Adele and Ed Sheeran. The actress also got a reported $20 million collected from 10 episodes of The Morning Shows second season. Please try again later. Wiz Khalifa cashed in on the cannabis revolution with products including his Khalifa Kush (and got a big boost from quietly selling a chunk of his publishing in April). Travis Scott ($38 million), DJ Khaled ($35 million), Eminem ($28 million), J. Cole ($27 million), Birdman ($25 million), Doja Cat ($25 million) and indie rap juggernaut Tech N9ne ($25 million) round out 2021s Hip Hop Cash Kings list. 1 spot for the second year in a row. Eminem $28 million We didnt have that in Italy, says Iervolino, who wants to similarly inspire young entrepreneurs. Those federal agencies provide up to $250,000 in insurance per depositor and per bank for each account ownership category. From Forbes Forbes Magazine recently released their 2012 list of Hip-Hop Cash Kings, and topping that list is Dr. Dre. 6. PHOTO BY CHRIS PATEY/THE NEW YORK TIMES/REDUX. Youll also want to understand the fees. Over the past 23 years, hes released dozens of additional solo albums and consistently sold out Red Rocks Amphitheater in Morrison, Colorado, which caps out at over 9,500 people. But while their success looms large, the small number of African Americans among the 2,755 members of the global billionaires club also highlights a racial wealth gap that can have significant consequences for those with far fewer resources--from the ability to buy a home to being able to go to college without becoming mired in debt. Brands need culture to survive.. The list, which was compiled by former Forbes editor and Hip-Hop Cash Kings list creator Zack OMalley Greenburg, measures pre-tax income for calendar year 2021 before deducting fees for agents, managers, lawyers, and living expenses. Are you sure you want to rest your choices? He responded to the hip-hop power players headline with the laughing face emoji, insinuating that they got it wrong and his 2021 income exceeded the $50 mill. As he wrote in the caption, When youre just working with your head down minding your business and you pop up on someones list!, A post shared by Tech N9ne (@therealtechn9ne).