JAY-Z was the highest-earning hip-hop musician of 2021, according to a list compiled by former longtime FORBES editor ZACK O’MALLEY-GREENBERG.
JAY-Z topped the list with $470 million after selling portions of his music streaming service TIDAL and ARMAND DE BRIGNAC champagne last year, not to mention his daily streams and downloads of from his music catalog. All of which brings his net worth to $1.5 billion.
Business ventures outside of music paid off for fellow billionaire YE, formerly known as KANYE WEST who earned $250 million for the year, good to nab second place on the list.. His fortune comes almost entirely from his YEEZY sneaker company.
DIDDY and DRAKE nailed the #3 and #4 spots with $75m and $50m respectively, followed in the Top 5 by WIZ KHALIFA, who brought in $45m's.
Rapper TECH N9NE was a surprise 10th place finisher, tied with DOJA CAT and BIRDMAN, thanks to an unreported digital-only catalog deal that added eight figures to his wealth. BIRDMAN was on the list thanks to partnerships with PEPEI and CANDYCRUSH, among others.
According to MRC DATA, hip-hop now accounts for 27.7% of U.S. music consumption, roughly equal to rock and country combined, but its richest stars have parlayed not just music, but their diversified portfolios into wealth.
Here is the complete Top 10:
1. JAY-Z, $470m
2. KANYE WEST. $250 million
3. DIDDY, $75 million
4. DRAKE, $50 million
5. WIZ KHALIFA,$45 million
6. TRAVIS SCOTT, $38 million
7. DJ KHALED, $35 million
8. EMINEM, $28 million
9. J COLE, $27 million
10 (tie): BIRDMAN, DOJA CAT, TECH N9NE, $25 million
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