The Strange Music boss shared the list to his Instagram account on Tuesday (March 1) and seemed thoroughly impressed with himself. 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. "The first years were difficult because good professors didn't want to teach at an online university, says Iervolino. 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 . Italy lived through dramatic moments before any other country, Iervolino recalls. Drake is feeling some type of way about his estimated earnings. . Kevin Winter/Getty. and he holds $122 million in cash and stock, according to Bloomberg. Something went wrong. Youll also want to understand the fees. Savings accounts can come with monthly maintenance fees, excess transaction fees (if you ignore limits on withdrawals), and other pesky charges that can erode your returns. 8. Kanye West $2503. Other rhymers on the list include Drake (No. Vibe is a part of Penske Media Corporation. Robert F. Smith Net Worth: $6 billion Age: 58 Business: Private equity, finance, investments. Much of the. India's 100 Great People Managers 2021; Tycoons of Tomorrow 2021; W-Power 2021; . Thats now changing, thanks to the Fed. I aint foolin around Im building assets, the young impresario told Forbes in 1999and he wasnt kidding. A former Forbes reporter has compiled a list of the highest paid rappers of 2021. sale of hisTidal streaming service to Jack Dorsey's Square for over $350 million. It factors in compound interest, which is the interest that builds up on the interest in your account. Doja Cat $25 million 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. Fresh of the presses: my list of hip-hop's highest-paid artists of 2021. . All Rights Reserved. Todays highest interest rate on a standard savings account is 4.64%, according to data from Bankrate.com. "We always respected each other, and when he [sold Multiversity] he seemed to be the right person to carry the company that I had started forward, says Denis Masetti, the 67-year-old publisher of BFC, who founded the firm in 1995 and still owns a minority stake. 5. Thats when he started developing online masters programs, marking his first foray into the world of online education. Doja is unapologetically self-expressed and the world loves her for it, says Adriana Arce, Vice President at artist management firm Rebel. After all, Eminem, Drake, Travis Scott, J. Cole and Wiz Khalifa were also on the roster some of the biggest names in the industry. According to Greenburg, annual income for this years top two is up more than tenfold from ten years ago. JAY-Z topped 2011s list with $37 million, followed by Diddy with $35 million. Two years after selling a 50% stake in his company Multiversitywhich he had founded and grown into one of the . As Iervolino was increasing his stake in BFC, he also made his most high-profile acquisition yet. How To Find The Cheapest Travel Insurance, Compare the Best High-Yield Online Savings Accounts, Best Savings Accounts For Digital Banking, Best Savings Accounts For Automated Saving, Best Savings Accounts For Customer Experience. People gravitate to what they know.. Diddy Tops Forbes' 2016 'Hip-Hop Cash Kings' List - Billboard 4. But it was his collaboration with Dwayne The Rock Johnsonon Face Off that got the internet buzzing. Topping the list is perennial cash king contender JAY-Z, who pulled in a staggering $470 million last year alone, the biggest annual sum of his career. Highest-Paid Rappers of 2021, According to Former Forbes Reporter - XXL Mag LeBron James. Italy was light years away from this. Get weekly rundowns straight to your inbox, Get our latest stories in the feed of your favorite networks. Tech N9ne $25 million. O n October 28, 2021, Danilo Iervolino signed a document that changed his life. 4, $50 million) and Wiz Khalifa (No. Published 9:57 AM EDT, Thu March 18, 2021 Link Copied! 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. Based in the city of Salerno, where Iervolino worked after graduating from college, Salernitana was facing expulsion from the top division, Serie A, unless it could find a new buyer by midnight on December 31, 2021. These places have been secured . The entrepreneur and rapper is a billionaire with multiple business ventures such as Roc Nation and Tidal. From Forbes Forbes Magazine recently released their 2012 list of Hip-Hop Cash Kings, and topping that list is Dr. Dre. He views his media holdings in the same way he views his investments in startups: a chance to disrupt a staid industry that needs to embrace technology. Earlier this week, he announced a partnership with crypto betting platform Stake. In fact, it's the wealthiest list yet. 7. Garth Brooks has been crowned the king of Forbes ' annual "Country Cash Kings" list, following the icon's first tour in over a decade. Online learning was seen as our salvation, the only tool that we could bet on to avoid a shutdown of the education system.. Last December, LEspresso journalists went on strike to protest the replacement of the magazines editor. In a new report from a formereditor for the publication, Jay-Z and Kanye West are claiming the big money throne for 2021. Culture shapes the worlds consumer habits. Forbes lists Musk's place of residence as Austin, although he hasn't confirmed where in Texas he settled last year. Dr. Dre Tops Forbes' Hip-Hop Cash Kings List - Black Enterprise Business: Private equity, finance, investments, Business: Music, Yeezy sneakers, fashion, retail, Business: Charlotte Hornets, endorsements, Business: Movies, television, entertainment. Travis Scott $38 million Dre boasts earnings of $110 million before taxes. Every year,Forbes compiles their list of highest-paid entertainers, which typically includes some of hip-hop's household names. Though Hip-Hop now accounts for 27.7% of U.S. music consumptionmore than any other genre, according to MRC Data, and roughly equal to rock and country combinedits highest-paid acts are successful because of their diversified portfolios. 10. It was a slow start: In the 2006-07 academic year, Pegaso only had 65 students, according to data from the Italian Education Ministry. Altogether the 25 Highest-Paid Entertainers earned a combined $4.4 billion before taxes and fees in 2021, the vast majority of whom did it without creating anything new. The number slowly grew, and by 2010 the school was offering some 200 courses to more than 1,200 students. "Striking is a right, says Iervolino. Iervolino attended public schools in his hometown, studying humanities, Latin and Ancient Greek, before leaving to pursue a bachelors in economics at the Parthenope University of Naples, an hours drive away. The billionaire rapper-producer now earns most of his money from a multi-year deal to design Yeezy sneakers for Adidas. Zack OMalley Greenburg pioneered the Forbes List of hip-hops top earners over a decade ago. 10. After their fathers death, Iervolino and his brothers reorganized the familys assets and he bought out their 10% stake in the company. 25 with $52 million, made most of her money re-recording albums she first released a decade ago. 1. Hilarious. Diddys lucrative Ciroc vodka empire landed him a spot in the top 3 with $75 million, while streaming king Drake finishes fourth with $50 million. Traditional vs. High-Yield Savings Account Rates Today: April - Forbes 6. He still owns the brands he was building back then, including Bad Boy Records and the newly re-acquired Sean Jean fashion label, but most of his earnings these days comes from his Croc vodka liquor brand. Ye comes in second to his big brother, earning $250 million over the course of 2021, thanks mostly to his Yeezy footwear empire. 4. Eighteen months after the sale, Iervolino has spent at least $200 million on everything from a soccer team and a cybersecurity firm to real estate and a media company that owns one of the countrys most storied magazines. Amazon CEO Jeff Bezos retains thetop spot on the Forbes list with a net worth of $177 billion, up $64 billion from a year ago as a result of soaring Amazon shares. Check out the full list of highest-paid rappers of 2021 below. Hip-Hop has always defined culture. Nas net worth according to Forbes - Tuko.co.ke 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. The actress also got a reported $20 million collected from 10 episodes of The Morning Shows second season. Friends forever: The show runners responsible for the quintessential 90s sitcom resurfaced for a moment when they brought back the cast for a reunion show on HBO Max. He sold a chunk of the catalog to investment firm KKR Kanye West $250 million 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. He has been covering personal finance for more than 20 years, going back to his days as the Washington, D.C.-based consumer reporter and editor for Associated Press Radio. But there was a silver lining for Iervolino: with students and professors stuck at home, the entire country was forced to rely on remote learning. The Highest-Paid Entertainers 2022 - Forbes Kanye West - $250 million 3. Jay topped the list with. pic.twitter.com/SHHCAaPTNl, DJ Akademiks (@Akademiks) March 2, 2022. Travis Scott - $38 million 7. Take them out of the equation and MLB's profits were $702 million on $9.2 billion revenues, a 7.6 percent EBITDA margin, up nicely from 2021. These earnings stem. The sale, estimated at nearly $500 million, included five decades of iconic songs, recordings and songwriting credits from 20 studio albums, multiple box sets and live recordings. J. Cole $27 million Birdman $25 million Doja Cat $25 million SBUX It makes him the first active NBA player on . The Kiss Me More rapper racked up $25 million from her global presence and partnerships with Pepsi, Taco Bell, and Candy Crush. By 2006, he decided to put his ideas into action, joining forces with his brothers to launch an online university called Universit Pegaso, better known as Pegaso. 2. Net Worth: USD 884 Million. This compensation comes from two main sources. This site is protected by reCAPTCHA Enterprise and the Google. Why Drake laugh at Forbes reporting he made $50 mil last year ? 4. The two continued to fuel romance rumors at Saturdays boxing match. According to Forbes, the deal earned JAY-Z a cash payment of at least $300 million. The Watch the Throne collaborators transcend hip-hop as the highest-paid musicians of any genre, aside from legacy rockers who sold their catalogs last year. Drake $50 million Shawn Carter leads the rap pack with a career-best total of $470 million. 3. What Do You Do When You Suddenly Have $1 Billion? - Forbes Please try again later. 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. The average APY for an MMA is now 0.51%, up from 0.49% last week at this time, according to Bankrate. The World's Highest-Paid DJs 2019: The Chainsmokers Topple - Forbes 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. The top ten earners of 2021 banked more than $1 billion, nearly double their pre-pandemic 2019 haul. Adam Horovitz Net Worth: $90 Million Adam Horovitz, better known as Ad-Rock or King Ad-Rock, is an American musician, guitarist, rapper, producer, and actor. Whether youre shopping around for a traditional savings account, high-yield savings account or MMA, youll want to remember a few key points. Dun-dun! The showrunner has four sitcoms currently airing as well as Netflix We didnt have that in I Jeff Bezos, Mark Zuckerberg, Elon Musk and Bill Gates are all role models. Nonetheless, see the full list of the highest earners in hip-hop for 2021 below. These deals havent been hand-to-hand combat, says Jon Landau, Springsteens manager of nearly half a century. 1. The top 15 acts clocked $358 million in pretax earnings over the past 12 months, $272 million of that coming from the top ten, up a tick from last year's collective $260 million. The List of Dividend Kings in 2021 - Dividend Power The Boss unloaded his entire body of work to his longtime label home Sony Music Group in December. The godfathers of surf rock sold a controlling interest in their intellectual property to legendary music executive Irving Azoff in February 2021. Wiz Khalifa netted $45 million (No. Brands realize they can no longer sit on the sidelines and test what might work. Money is clearly not a thing for Drake, who recently bet over $1.25 million in Bitcoin on the Super Bowl. You probably know Nas from his, "I can," hit song. The highest-paid hip-hop artists of 2021 have been revealed and JAY-Z and Kanye West once again top the list. Some sat back and collected checks from surging catalogs, like Super Bowl star Eminem and Cash Money co-founder, Birdman. Maybe there was some incomprehension, but everything was worked out.". 6. The FDIC says the average MMA rate is 0.57%, versus 0.39% for a traditional savings account. The buyer was Sony Music, parent company of his longtime label, Columbia Records. at a $900 million valuation in August. Birdman $25 million Hip-hop was forged in a crucible of adversity, part of the reason its flourished amid the recent uncertain times. "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" Diddy $75 million 3. One week ago, the best rate also was 4.64%. Even so, its been an impressive year for hip-hop. His latest album, 2021s ASIN9NE, featured contributions from a slew of artists such as King Iso, E-40, Lil Wayne, Russ and Snow Tha Product, among others. Kim becomes a billionaire:Kim Kardashian West is officially a billionaire, according to Forbes, Bezos ex remarries:MacKenzie Scott, billionaire philanthropist and ex-wife of Jeff Bezos, marries Seattle schoolteacher. As of April 2023, Mike D's net worth is $90 million. Quavo and Chloe Bailey Fuel Romance Rumors With Lunch Date, Pharrell Brings Out Chris Brown at Something in the Water Festival, Chance the Rapper Responds to His Wife After Carnival Dancing Controversy, Chance the Rapper's Wife Responds to Viral Dancing Video, Nelly and Ashanti Couple Up at Davis-Garcia Fight, Offset Appears to Respond to Quavo Amid Rumored Takeoff Tattoo Diss. 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 Capital One Savings Account Interest Rates, High-Yield Savings (Minimum $10K Deposit), High-Yield Savings (Minimum $25K Deposit). Typically, you can write checks and take advantage of debit card privileges. 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. ), But it was a tough time for Iervolino, coming soon after his fathers death. Highest-Paid Rappers Of 2021 Revealed - Including JAY-Z & Diddy - HipHopDX "I really see the world split in two. The World's 15 Youngest Billionaires 2023, The Top 10 Richest Women In The World 2023, Billionaires 2023: The Top 10 Richest People In The World, Forbes America's Top Colleges List 2022: Top 25 Highest Earnings, The Worlds 10 Highest-Paid Athletes 2022, Forbes America's Top Colleges List: Top 25 Success Factories, The Worlds Highest-Paid Soccer Players 2022. JAY-Z $470 million, Chance The Rapper Says Drug-Fueled Acid Rap Era Living Couldve Killed Him, Jermaine Dupri Clears Up Freaknik Doc Rumors: Im Telling The Story Of Atlanta, Pharrell Praises Chris Brown During Surprise Something In The Water Performance, offloaded a 50 percent stake in his champagne brand Armand de Brignac, earned JAY-Z a cash payment of at least $300 million, pulled in over $2 million in less than a week, first drop from his Yeezy Gap Engineered By Balenciaga collection, J. Cole & Lil Durk Shoot Video For Upcoming Collab: 'I'm Sorry For The Wait', Coi Leray Flames Critics During Festival Set: Every Day Its A Hater On My Dick!, Heavy D Honored With Sculpture By Mount Vernon Mayor: He Was My Party Partner, 50 Cent Reacts To Roy Wood Jrs BMF Shout-Out During White House Correspondents Dinner, N.O.R.E. She re-upped with Netflix in July and continues to receive hefty residuals from ABC for Greys Anatomy. They include Robert F. Smith, whose $6 billion fortune made in private equitymakes him the 451st wealthiest person in the world, media moguls Oprah Winfrey and Tyler Perry as well as rap icons and businessmen Jay Z and Kanye West. A new Kardashian in the billionaire's club:Kim Kardashian West is officially a billionaire, according to Forbes. The streaming service removed his music. That made it the second-largest university in the country, trailing only the historic Sapienza University in Rome, which was founded in the 14th century. Garth Brooks Tops Forbes' Country Earners List - Billboard Drake was one spot below Diddy, whose earnings were $75 million. How Rockers Bruce Springsteen, Neil Young, Bob Dylan And Paul Simon Made $1 Billion In 2021, Kevin Bright, Marta Kauffman, David Crane. Longtime 'Hip-Hop Cash Kings' list creator, Zack O'Malley Greenburg announces the year's top earners as Jay-Z and Kanye West dwarfed. "Every year we added more students, there was more quality, says Iervolino. Drake Reacts to His Placement on Hip-Hop's Highest-Paid Artists List 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. Jay-Z, Dwayne The Rock Johnson and Kanye West all grabbed spots among the top five with their own 9-figure sums, most of it earned not from rapping, producing or acting, but from selling champagne, tequila and sneakers. Jay-Z $470m2. The creators of South Parkand its offshootsoversee a cottage industry that now nets more than $80 million a year and, in August, they signed a six-year, $900 million deal with Paramount+. Jigga has made $470 million, Ye rakes in $250 million and Diddybrings in$75 millionthe aforementioned rappers are the big three on the list. 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. All in all, hip-hop's top 20 earned a combined $343 millionread on to se.. Jay-Z Tops Forbes 'Hip-Hop Cash Kings' List - Billboard Todays average APY for a traditional savings account is 1.28%, Bankrate says. Now, theyre among the best equipped to find paths to profit even throughout the disruptions of Covid-19. With superstars like Diddy, Jay Z, and Dr. Dre leading the annual Hip-Hop Cash Kings conversation, Forbes has rolled out its Cash Princes list, which includes Bryson Tiller, Desiigner, and. A post shared by Bad Boy Entertainment (@badboyent). Drake $50 million The list, which was compiled by former Forbes editor and "Hip-Hop Cash Kings" list creator Zack O'Malley Greenburg, measures pre-tax income for calendar year 2021 before deducting fees for. ", It was a difficult time for everyone. We want to hear from you! Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. 7. They need to be in the mix testing partnerships and trends before they have the data to back it up.. Net worth: USD 1.4 Billion. 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. All Rights Reserved. Things got bigger and betterGod is great, says DJ Khaled, who ranks No. He addressed the challenges of their relationship amid the viral video. Thursday, April 11, 2019 at 4:39 PM by Jackline Wangare. In January, a year after he sold his music rights to investment fund Hipgnosis, Young told Spotify to pick between him and Joe Rogan, who allegedly spread Covid misinformation. Topping the list. Robinson, "59th Street Bridge Song (Feelin' Groovy)" and The Sound of Silence to Sony Music Publishing for some $250 million in March. Wiz Khalifa - $45 million 6. Diddy - $75 million 4. The blockbuster deal lands the 20-time Grammy winner at No. All Rights Reserved. Musk, CEO of Tesla and SpaceX, landed at No. Savings Calculator: How Much Could You Save? Now he writes the Zogblog, a Substack newsletter on music and money. DJ Khaled $35 million "I invest in companies that fully embrace the digital revolution, particularly cybersecurity and telemedicine, he says. Diddy netted more massive payments from Diageo for his Ciroc vodka line while Khaled padded his coffers with partnerships involving companies from Pandora to Dolce & Gabbana. "The media industry is going through a revolution but it doesn't have any revolutionaries, adds Iervolino. Given how far Jay-Z and Kanye have come in the past decade, imagine the financial heights theyll reach ten years from now. 7, $35 million), Eminem (No. Students saw it as a fallback option.". But today, the best money market accounts have rates as high as 4.65%. Send us a tip using our anonymous form. The Chicago rap icon also saw items from his 10-year partnership with Gap sell out in mere hours while, of course, enjoying commercial success with his gold-certified Donda album. We the biggest, you know that.. 2023 Forbes Media LLC. 8. He addressed the challenges of their relationship amid the viral video. Diddy's millions also come from his Ciroc vodka brand while DJ Khaled, who placed at No. 1. Insta-Subscribe to Forbes India Magazine. Hip-hops top 10 earners of 2021 doubled their 2019 haul with more than $1 billion. Tied with Doja Cat and Cash Money Records co-founder Birdman at $25 million sat independent rap juggernaut Tech N9ne. JAY-Z landed atop the 2021 list of hip-hops top earners with $450 million, followed by Kanye West with $250 million. 5), thanks to his weed empire, including his Khalifa Kush brand, and the sale of his publishing in April. I like to reinvent myself in many different industries.. Here Are the Highest-Paid Rappers of 2021, According to Former Forbes Editor A former Forbes reporter has compiled a list of the highest paid rappers of 2021. Kanye West. JAY-Z, Kanye West and Diddys combined earnings amount to almost $800 million, while the entire top 10 pulled in over $1 billion, nearly double their pre-pandemic takings.