The 5 Richest Rappers in the World

According to Global Spotify Listener Loyalty by Genre, Hip Hop is one of the 11 genres of music with the most fans. And with many fans, comes more money. Jay-z, Dr.Dre, Diddy, Kanye West, and Drake are the richest rappers in the world. This is according to the 2019 list of the World’s wealthiest rappers by Forbes.

So how much is each one of these rappers worth and where else do they get their wealth apart from music? Let’s find out

5. Drake – Richest Rappers in the World

Net Worth: $150 million

Source of Wealth: Music

Lives in: Hidden Hills, California.

Age: 32

Drake is a Canadian singer, songwriter, record producer, entrepreneur, and actor.

Drake gained recognition in the 2000s as an actor when he appeared on the television series Degrassi: The Next Generation, a teen drama. He then left the series in 2007 to pursue music after he released his debut mixtape, Room for Improvement.

In his music career, Drake has won four Grammy Awards, three Juno Awards, six American Music Awards and 27 Billboard Music Awards.

Between 2016 and 2017, Drake had endorsement deals with Sprite, Burger King and Whataburger after which he bagged $94 million.

Drake has his own record label, OVO Sound which he founded in 2012 together with producer Noah 40 Shebib and Oliver El-Khatib. The label has signed artists such as PartyNextDoor, Majid Jordan and Kash Doll among others.

Drake owns a property in Toronto, Canada. He also owns a Boeing 767 plane and is a father to one son, Adonis.

4. Kanye West

Net Worth: $240 million

Source of Wealth: Music, Fashion Industry

Lives in: Chicago Hills, Illinois

                 Hidden Hills, California

Age: 42

Kanye West with wife Kim Kardashian

With a fortune of $240 million, Kanye West is one of the richest rappers in the world. He’s an American singer, rapper, songwriter, record producer, fashion designer, and businessman. He’s married to Kim Kardashian, a media personality. They have 4 children.

He’s one of the most successful rappers of his generation. Kanye has won a total of 211 awards including 21 Grammy Awards and 10 BET Awards. He has also been nominated a total of 708 times. In 2005 and 2015, Time magazine named him one of the world’s 100 most influential people.

Kanye West has a record label company named GOOD music. Some of the famous acts associated with the label include big Sean, John Legend, Travis Scott, and D’banj. He’s also a co-owner of Tidal, a music streaming service.

Kanye also owns DONDA, a creative content company. In 2009, He released his own shoe line, the Air Yeezys after a collaboration with Nike. He became the first non-athlete to have a shoe deal with Nike.

In 2013 he also had a deal with Adidas and released the Adidas Yeezy Boosts. The Yeezy shoe line is regarded as one of the most influential sneaker brands in the world.

West has appeared in films such as “The Love Guru”, “Entourage” and “State Property 2”.

Also Read: The Richest People in the World

3. Diddy – Richest Rappers in the World

Net worth: $740 million

Source of Wealth: Music, Acting, Fashion Industry

Lives in: Los Angeles, California

Age: 49

According to Forbes, the world’s 3rd wealthiest rapper is American rapper, record producer, actor, and businessman Diddy. P.Diddy began his music career in 1990 and has since become one of the most successful and richest rappers in the industry.

He has won 3 Grammy Awards in 2004 and 1998. He has also won two MTV Video Music Awards and three BET Awards.

Diddy is the head of Combs Enterprises, an umbrella company for his set of businesses which include a clothing brand named Sean John. The brand includes men’s and women’s clothes as well as a men’s cologne called “I Am King”.

Diddy also has a stake in television network Revolt TV.

In 2008 he acquired the Enyce clothing line from Liz Claiborne for $20 million. He also has a stake in Aquahydrate, a calorie-free beverage for athletes.

Diddy has 6 children. He lives in Los Angeles, California and also owns a home in Alpine, New Jersey, which he bought for $7 million. He has also appeared in several films including The Defiant Ones (2017), Draft Day (2014) among others.

2. Dr. Dre

Net worth: $800 million

Source of Wealth: Music, Electronics, Acting

Lives in: Los Angeles, California

Age: 54

Andre Romelle Young popularly known as Dr. Dre is an award-winning American rapper, producer and entrepreneur. He is the founder and CEO of the record label Aftermath Entertainment. He’s also a former co-owner of Death Row Records.

Some famous acts associated with Aftermath Entertainment include 50 Cent, Kendrick Lamar, Nas, Eminem, Snoop Dogg among others.

Dr. Dre has won a total of 6 Grammy Awards including Best Rap Album in 2010 and Producer of the Year, Non-Classical in 2002. He has supported and produced albums for hip hop artists such as Eminem, Kendrick Lamar 2Pac and 50 Cent.

Dr. Dre is also the founder of Beats Electronics which makes audio electronics. In 2008, he released his first brand of headphones, Beats by Dr. Dre. Beats Electronics is now a subsidiary of Apple Inc. after the technology giant purchased the brand for $3 billion.

Dr. Dre has also appeared in a number of films such as The Defiant Ones (2017), Set It Off (1996), Unity (2015) among others. He’s married to Nicole Threatt Young, ex-wife of NBA player Sedale Threatt.

Also Read: The 10 Youngest Billionaires in the World

1. Jay-Z

Net worth: $1 B

Source of Wealth: Sports, Music

Lives in: Los Angeles, California

Age: 49

Jay-z with wife Beyonce Knowles

Jay-Z is an American rapper, producer, record executive, and songwriter. He’s also an entrepreneur, investor, and philanthropist. He is the first hip-hop’s billionaire.

Jay-Z has won a total of 22 Grammy Awards, the most by any rapper and holds the record for the most number-one albums by a solo artist on the Billboard 200, with a total of 13.

In 2017, he became the 1st rapper to be honored into the Songwriters Hall of Fame. In 2018, he received the commemorative “Salute to Industry Icons” award at the 60th Grammy Awards.

Jay-Z is a successful entrepreneur with a business empire that spans several industries including real estate, clothing lines, sports teams, record labels, and beverages. Jay-Z together with Damon Dash founded the clothing brand Roca wear. He also has stakes in Uber and Tidal.

In 2013, Jay-Z founded the Roc Nation Sports, a sports management company based in New York City. The company has become a key player in the representation of athletes, signing over 50 clients including Robinson Cano, James Young, and NBA Oklahoma City Thunders star Kevin Durant.

We have come to the End. You now know the 5 richest rappers in the world. Here’s a recap of that list:

  1. Jay-z
  2. Dr. Dre
  3. Diddy
  4. Kanye West
  5. Drake

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