When one thinks about rap stars, the first thing that comes to mind is the expensive car and homes we see on their music videos. These cost a lot of money and only the best rappers get to enjoy these privileges. Good investments also play a major role in maintaining their wealth. Below is a list of the top 10 richest rappers in the world 2016.
50 Cent is one of the most famous rappers in America. He is not just an amazing rapper but also an investor, actor and entrepreneur. He has made a large amount of money through his rapping career but so much more in his investments. His net worth is estimated to be about $100 million.
Lil Wayne is a rapper from New Orleans. He started with Cash Money Records through which he was able to release his first album as a solo artist. This was back in 1999. He got a lot of attention and sold a large number of copies. From there his career as a rapper took off and he later founded Young Money Entertainment which has signed numerous famous artists. He is estimated to have a net worth of $150 million.
Birdman and his brother “Slim” are the founders of Cash Money Records. He was also a part of the Big Tymers duo but also did a lot of solo acts in his career. Forbes magazine estimates his net worth to be around $160 million.
Slim is probably the least popular artist on this list. He is a co-founder of Cash Money records which he started with his brother “Birdman”. His catalogue of hit songs is one of the reasons why he is on this list. He has been an executive producer for some of the biggest artists in the business. He is however not as popular as his brother and he does not have a very big fan base. His estimated net worth is $ 160 million.
Dr. Dre discovered Eminem. Being in such a platform, he was able to release Slim Shady which became a multi-platinum album. This was back in 1999. In the year 2000, he released another album, The Marshal Mathers which is said to be the bestselling album in the history or rap music. He has since then made a number of albums which have become a huge success. Eminem’s net worth is estimated to be $160-$210 million.
Master P is the founder of No Limit Records. His success began when his label shifted from being a simple record store to a recording company which produced amazing artists back in the 1990s. Master P was a rapper and did great music. He is also an investor, entrepreneur, philanthropist, filmmaker and an actor. He is estimated to have a net worth of about $325 million.
Russell Simmons has been in the music industry since the 1920s where he used to promote great music. He was a co-founder of the Def jam Records which was responsible for amazing artists such as LL Cool J, Run-D.M.C NAD Public Enemy. He sold his part of the company for $100 million to Universal Music Group. Russell is currently estimated to have a net worth of about $350 million.
Jay Z is a 21 time Grammy Award winner and has sold over 100 million albums since he started. Apart from slaying it in the music business, he is also the owner of the 40/40 club as well as a co-creator on the famous line Rocawear. Jay Z is estimated to have a net worth of about $650 million.
Diddy is one of the most famous rappers in the world. Music is however not the only business venture he is into. He is also an actor, a producer and entrepreneur. He has a fashion line and owns a number of restaurants that are named after his son. He has an estimated net worth of $730 million.
Dr. Dre started back in the year 1984. He made a lot of tours and collaborations with amazing artists and founded a number of music recording companies. He has had a lot of projects that have earned him a lot of money but the most popular project was Beats By Dre which he sold to Apple for over $300 million. He has an estimated net worth of $750 million.