Nicki Minaj Net Worth 2022, the richest female rapper

Full nameOnika Tanya Maraj-Petty
BirthdayDecember 8, 1982
Age39
Nicki Minaj net worth$100 million
Source of wealthMusic
Marital statusMarried (to Kenneth Petty)
EducationHigh School
ResidenceThe Flats, Los Angeles, U. S
Nickname(s)Nicki The Boss, Nicki Lewisnki, Roman Zolanski

Nicki Minaj has an estimated net worth of $100 million. She’s the world’s richest female rapper. Minaj is often regarded as one of the most influential rappers on the planet. She’s the best-selling female rapper of all time, with more than 100 million records sold globally.

Nicki Minaj initially wanted to become an actor after graduating high school but ended up in music. She rose to prominence after the release of her debut album, Pink Friday in 2010, which peaked at number one on the Billboard 200 chart.

In 2013 the rapper was named one of the highest-paid women in music by Forbes taking home $29 million. Minaj has made most of her fortune from music and touring. She also cashes in on endorsement deals and her line of fragrances.

Nicki Minaj net worth is huge. So, how does she make and spend her millions?

Early life

Nicki Minaj was born on December 8, 1982, in Port of Spain, Trinidad and Tobago. Her mother, Carol Maraj was an accountant while her father, Robert Maraj was a financial executive. Both of them were also gospel singers. Before Minaj turned five, her mother secured a green card and relocated to Bronx, New York to attend Monroe College.

Nicki Minaj and her older brother, Jelani stayed with their grandmother in Trinidad as their mother attended college in New York. At the age of five, Nicki Minaj and Jelani joined their mother in the United States. They lived on 147th Street in South Jamaica, Queens, New York. Minaj attended LaGuardia High School of Music & Art and Performing Arts.

After graduating high school, Nicki Minaj began pursuing a career in acting and was cast in the 2001 play In case You Forget. At the same time, she worked as a waitress at a Red Lobster restaurant in the Bronx.

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How Nicki Minaj started her music career

In 2004 Nicki Minaj joined the Brooklyn-based music group Full Force which had rappers like Safaree Samuels. Later that year she left the group and began making her own songs and uploading them on her Myspace profile. She also marketed herself by sending her tracks to other people in the industry. In 2007 she was signed to Dirty Money Entertainment by Fendi, the label’s chief executive.

In April 2009, the rapper released her third mixtape which put her on the map after one of its songs, “I Get Crazy” reached number 20 on the U.S Billboard Hot Rap Songs. It was at this time that Lil Wayne discovered Minaj’s talent and signed her to his label, Young Money Entertainment.

First album and breakthrough

Nicki Minaj got her breakthrough after she released her debut album, Pink Friday on November 19, 2010. Pink Friday debuted at number two and later reached number one on the U.S Billboard 200. It also charted within the top 20 in Canada, Australia, and the UK. The album sold 375,000 copies in its first week, the second-highest sales for a debut female rap album.

On April 2, 2012, the rapper released her second studio album, Pink Friday: Roman Reloaded which debuted at number one on the U.S Billboard 200 and sold 253,000 copies in its first week. It was certified platinum in June 2012. Her third album, The Pinkprint was released on December 15, 2014, and debuted at number two on the Billboard 200 chart with first-week sales of 244,000. Minaj’s fourth album, Queen, released on August 10, 2018, also debuted at number two in the United States. In the same year, she became the first female artist to have 100 entries on the U.S Billboard Hot 100 chart.

Nicki Minaj credits Lil Wayne for being behind the success of her musical career. She has often referred to Wayne as her mentor and has cited rappers Jay-Z and Foxy Brown as her major musical influences.

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Nicki Minaj has a net worth of $100 million. How does she make her millions?

Music and tours

Nicki Minaj has made most of her fortune from music, touring, and endorsements. In 2013, Forbes ranked her one of the highest-paid women in music with total earnings of $29 million. This included a $12 million paycheck for being a judge on the 12th season of the singing competition American Idol. According to Celebrity Net Worth, Nicki Minaj earned about $166 million, before taxes, from 2010 to 2020 from various endeavors.

The Anaconda singer made about $21 million in 2015, $16 million in 2017, and an estimated $20 million in 2016 and 2019 making these some of the most successful years in her career. She earned around $4 million in 2010 and made about $6.5 million the following year.

In 2015 Nicki Minaj headlined The Pinkprint Tour which grossed about $22 million. She also made $10 million from her 2012 second concert tour Pink Friday: Reloaded Tour. The rapper also headlined The Nicki Wrld Tour in 2019 and the Pink Friday Tour in 2012.

Nicki Minaj has made quite a pretty penny from the sale of her music. She’s the best-selling female rapper of all time, with the sale of more than 100 million records globally. According to BestSellingAlbums.org, the rapper’s four albums have sold over 9.5 million copies worldwide, including 8 million in the United States. Her best-selling album, Pink Friday has sold more than 3.3 million copies.

Other endeavors

Apart from music and tours, the “Do We Have A Problem” singer also has made a fortune from endorsements. She has been the face of renowned brands such as the luxury fashion house Fendi, Beats Electronics, Adidas, Mac Cosmetics, and Pepsi among others.

The rapper owns a stake in the music streaming service Tidal, along with other artists like Beyonce, Rihanna, Lil Wayne, and Kanye West. The service was launched by Jay-Z in 2015. He sold a majority stake to Jack Dorsey’s Square in 2021 for $302 million. Nicki Minaj has released nine fragrances. Pink Friday released in 2012 was her debut perfume while Queen, released in 2019 is her latest scent. She reportedly pockets about $50,000 for a verse.

queen-perfume-by-nicki-minaj
Nicki Minaj’s queen fragrance. The scent is her latest of nine fragrances. It was released in 2019.

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Nicki Minaj has a net worth of $100 million. How does she spend her millions?

Real estate

According to Hello magazine, Nicki Minaj reportedly owns a $10 million home in The Flats neighborhood of Los Angeles. The property features about 7,000 square feet of living space, six bedrooms, and eight bathrooms. She currently resides here together with her husband and their son. Prior to acquiring her current home, the rapper rented a Beverly Hills mansion for $35,000 where she lived with Meek Mill, her ex-boyfriend. The 10,340 square foot property had eight bedrooms, 11 bathrooms, as well as a five-car garage.

nicki-minaj-beverly-hills-mansion
Nicki Minaj rented this Beverly Hills mansion for $35,000 until 2018 where she lived with ex-boyfriend Meek Mill.
Wheels

The queen of rap has a really impressive car collection. She bought her first car, a BMW when she was 19 after saving some money from a waitressing gig. The Richest reports that the rapper now owns a $450,000 Lamborghini Aventador, customized with her favorite color, Pink, a $200,000 Bentley Continental GT, a $450,000 Rolls Royce Wraith, and a $200,000 Lamborghini Gallardo. She also owns a Mercedes-Benz SLS AMG worth about $290,000, a $450,000 Mercedes Maybach 62S as well as a $270,000 Ferrari 488.

Expensive jewelry and clothing

Nicki Minaj loves expensive jewelry. When she attended the 2017 MTV Video Music Awards, Nicki reportedly wore more than $1 million worth of bling around her neck and body. She had a $1 million chocker, two rings worth about $250,000 each, and a couple of more diamond rings worth a total of over $500,000.

Although the rapper has stated that she doesn’t spend a lot of money on such accessories anymore, Nicki Minaj used to spend about $50,000 on designer clothes and accessories every month back in the day. However, when she needs a handbag, a new pair of shoes, or some new clothing she’ll most likely buy one from Giuseppe Zanotti, Versace, Saint Laurent, Louis Vuitton, or Fendi. She was once sued by her stylist for renting $74,000 worth of clothing and failing to return them or pay for them.

Philanthropy

Nicki Minaj loves her fans, something that she clearly demonstrated in 2017 when she offered to pay college tuition fees and student loans for 30 of her fans. On September 4, 2018, the singer made more than $150,000 in donations to her fans while appearing on The Ellen Degeneres Show.

Achievements

Nicki Minaj has had many accomplishments in her career. She has won eight American Music Awards, six MTV Europe Music Awards, 12 BET Awards, five MTV Video Music Awards, four Billboard Music Awards, seven BET Hip Hop Awards, and four Teen Choice Awards among other accolades. She has been nominated for 10 Grammy awards including Best Rap Album in 2012 for her debut album Pink Friday.

Nicki Minaj is the only rapper to win the BET Award for Best Female Hip Hop Artist seven consecutive times. In 2010 Minaj became the first female solo artist to have seven tracks charting simultaneously on the Billboard Hot 100. In 2017 she broke Aretha Franklin’s record for the most Hot 100 entries by a female artist. The following year, she became the first female musician to accumulate 100 entries on the Hot 100 — a record that she held until 2020 when it was broken by Taylor Swift.

Minaj was the most streamed female rapper on Spotify in 2020. She’s one of only three female artists (the others being Katy Perry and Rihanna) to have six music videos accumulate more than one billion views on YouTube. In 2014 Complex named her “Best Rapper Alive”. Nicki was also named one of the 100 most influential people in the world by Time in 2016.

Relationships

Nicki Minaj is married to her childhood friend Kenneth Petty. The two began dating in December 2018 and got married in October the following year. On September 30, 2020, she gave birth to their son. Between 2000 and 2014 Nicki Minaj dated American-Jamaican rapper Safaree Samuels. The two were in the same musical group, Full Force when they began their careers. Nicki Minaj was also in a relationship with rapper Meek Mill from 2015 to 2017.

nicki-minaj-with-husband-kenneth-petty
Nicki Minaj and his husband Kenneth Petty. She has been in relationships with rappers Safaree Samuels and Meek Mill before.

Nicki Minaj Quotes to inspire you

  • “You wanna know what scares people? Success. When you don’t make moves and when you don’t climb up the ladder, everybody loves you because you’re not competition.”
  • “People face difficulties, no matter who you are. I faced difficulties with a lot of things. I face opposition every day, but I didn’t kill myself and now, thank God, I’m here.”
  • “Your victory is right around the corner. Never give up.”
  • “I happen to be a pessimist, and maybe that’s a good thing because I don’t stop to smell the roses – which is not a good personal thing. I don’t stop and enjoy those moments… Always on to the next and never in the moment.”
  • “I went through a lot of bullying early on. Girls made my life a living hell. We had come to America from a different country. My brother and I had accents. It was very tough.”
  • “As a little girl growing up in Southside Jamaica Queens, if anyone would’ve told me I’d have my own perfume one day, and be able to inspire young black girls everywhere, to go into Macy’s or Nordstrom’s and see their face staring back at them – I wouldn’t believe them.”
  • “When I was younger, I didn’t have much financially, like we couldn’t afford a lot of stuff and I remember seeing little girls’ rooms on TV and they’d all be pink. I didn’t have my own room, I shared with my brother, so I would have this daydream and imagine that one day I could have my own room and it would all be pink, like Cinderella’s.”

If you had a net worth of $100 like Nicki Minaj, what would spend your money on? Tell us in the comments below.

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