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. In fact, it's the wealthiest list yet. 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. Doja Cat $25 million The Mets, Padres, and Philliesthree teams whose owners have prioritized winning over annual profitslost nearly $200 million. I see a rosy future for young people and especially for Italy., This is a BETA experience. The streaming service removed his music. His main residence, a stones throw from the Roman Forum in the heart of the Eternal City, is another new purchase. DJ. "They asked me to stay on as chairman, but my curiosity for other industries and my desire to explore other initiativesmeant that, for the good of the university, I shouldn't have a direct role anymore, he says. 10. Maybe there was some incomprehension, but everything was worked out.". Hip-Hop has, and always will, set trends, says Kim Kaupe, founder of the creative agency Bright Ideas Only. How Rockers Bruce Springsteen, Neil Young, Bob Dylan And Paul Simon Made $1 Billion In 2021, Kevin Bright, Marta Kauffman, David Crane. Last month, Ye released the first drop from his Yeezy Gap Engineered By Balenciaga collection, which includes $440 denim jackets, $240 hoodies and $180 sweatpants. Later, he oversaw insurance and mortgage coverage for Bankrate and was the editor-in-chief of MoneyWise. Longtime 'Hip-Hop Cash Kings' list creator, Zack O'Malley Greenburg announces the year's top earners as Jay-Z and Kanye West dwarfed the field with dueling nine-figure paydays. Wiz Khalifa cashed in on the cannabis revolution with products including his Khalifa Kush (and got a big boost from quietly selling a chunk of his publishing in April). 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. 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. Delayed payments for some Social Security beneficiaries to roll out. "The media industry is going through a revolution but it doesn't have any revolutionaries, adds Iervolino. Birdman $25 million 5. She re-upped with Netflix in July and continues to receive hefty residuals from ABC for Greys Anatomy. 10. Kanye West $250 million Something went wrong. But out of the 10 artists on the list, one may have come as quite a surprise. In 2013, Pegaso had more than 30,000 students signed up to its classes. Dun-dun! DJ Khaled $35 million Italy lived through dramatic moments before any other country, Iervolino recalls. One of the few actors to make the ranking this year, The Rock got only about a quarter of his earnings from roles in films like Jungle Cruise and Red Notice, with most of his Jumanji-sized payday coming from his buzzy tequila brand Teremana. Profits remain strong. 10. Shawn Carter leads the rap pack with a career-best total of $470 million. 1 spot for the second year in a row. Hilarious. ), But it was a tough time for Iervolino, coming soon after his fathers death. Given how far Jay-Z and Kanye have come in the past decade, imagine the financial heights theyll reach ten years from now. I wanted to do something else, so I became an investor.. 10. JAY-Z $470 million On Monday (Feb. 28), journalistZack OMalley Greenburg, formerly ofForbes, who curated the list for the publication for years, independently unveiled his list of the top-earning rappers. Coming in at No. FormerForbescontributor and longtimeHip Hop Cash Kingscurator Zack OMalley Greenburg independently unveiled his list of 2021s top-earning rappers on Monday (February 28). On Wednesday (Sept. 7), Forbes unveiled its "Hip Hop Cash Kings 2016" list, and Diddy holds down the No. Doja Cat is the only female act in the top 10. . This year is the first Im doing the rankings independently.. People gravitate to what they know.. These deals havent been hand-to-hand combat, says Jon Landau, Springsteens manager of nearly half a century. 2023 Forbes Media LLC. (This is double the $2.2 billion that the top 25 celebrities earned in 2020.) 8. It factors in compound interest, which is the interest that builds up on the interest in your account. Things got bigger and betterGod is great, says DJ Khaled, who ranks No. I like to reinvent myself in many different industries.. Hip Hops highest earners of 2021 have been announced, and it appears the global COVID-19 pandemic hasnt done any harm to their pockets. Dre boasts earnings of $110 million before taxes. 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. Doja Cat is the only female act on the list, blasting into the top ten on the strength of a thriving international presence and partnerships with brands from Pepsi to CandyCrush. 6. Performance information may have changed since the time of publication. Check out the full list of highest-paid rappers of 2021 below. The billionaire rapper-producer now earns most of his money from a multi-year deal to design Yeezy sneakers for Adidas. Every year,Forbes compiles their list of highest-paid entertainers, which typically includes some of hip-hop's household names. 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. His other investments include a stake in New York-based cybersecurity firm DuskRise, startup incubator Digital Magics and Italian tech investment funds Alchimia, Nextalia and Vertis. Often, that means making a large deposit to open the account. 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. Robert F. Smith Net Worth: $6 billion Age: 58 Business: Private equity, finance, investments. 2. He addressed the challenges of their relationship amid the viral video. You may opt-out by. Even the comparatively fresh-faced Taylor Swift, No. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. 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. Then in the early 2000s came a transformative trip to the United States, where he saw that online learning was already widely accepted, unlike in Italy. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. Delayed payments:Stimulus checks sent to 130M Americans so far. This year is the first time I'm doing the rankings independently. The Boss isnt the only rocker on a financial roll. The average APY for high-yield accounts requiring a minimum deposit of $10,000 is now 0.25% APY, down 0.26% from a week ago. JAY-Z led the pack at $470 million, Kanye West settled in at No. The average APY for an MMA is now 0.51%, up from 0.49% last week at this time, according to Bankrate. and he holds $122 million in cash and stock, according to Bloomberg. Even if you assume he paid the capital gains rate of 20% on the bulk of his income after selling centimillion-dollar stakes in Tidal & [Armand de Brignac], hell pay Uncle Sam more than any hip-hop act earned (other than Ye).. By 2019, Iervolinos company Multiversitywhich includes both Pegaso and Mercatorumhad 80,000 students and 70 exam venues scattered throughout Italy. I cover the world's richest people and how they made their billions. I'm always on the side of the optimists. 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 MMAs tend to pay at least slightly higher interest than a standard savings account. And Tech N9ne should be applauding himself. 2023 Forbes Media LLC. 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. APY, or annual percentage rate, shows the actual return your account will earn during one year. A post shared by Hovstorian (@aintnojigga). Information provided on Forbes Advisor is for educational purposes only. The top ten acts earned more than $1 billion pretax combined, nearly double their prepandemic annual haul. 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. 4. 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. Hov is this years king of hip-hop cash, accumulating a career-best total of $470 million after selling centimillion-dollar chunks of his Tidal streaming service and Armand de Brignac champagne; Jay-Zs net worth has since ballooned to $1.5 billion. series The Kominsky Method. All in all, hip-hop's top 20 earned a combined $343 millionread on to se.. Fans will have a chance to win money and play alongside the rapper during upcoming livestreams. India's 100 Great People Managers 2021; Tycoons of Tomorrow 2021; W-Power 2021; . This site is protected by reCAPTCHA Enterprise and the Google. Prominent football clubs' EVs, as listed in the Forbes Most Valuable Sports Teams of 2021, are in the range of 6-7 times their FY21 revenues (Manchester United's EV, for example, is listed as. Hip-Hop's Top Earners 2021 1. London music investment fund Hipgnosis snapped up the California rockers catalog including such hit songs as Californication in May. After taxes, Iervolino was left with roughly $1 billion, earning him the nickname Mister Billion in the Italian press. His most recent purchase is a 154-foot-yacht for $19.5 million, set to be delivered early next year. 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 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. Two years after selling a 50% stake in his company Multiversitywhich he had founded and grown into one of the largest online universities in Europeto private equity firm CVC Capital Partners, he sold the rest to CVC for $1.3 billion. He sold a chunk of the catalog to investment firm KKR With the advantage of time, he released quite a number of good quality rap records . Figures represent 2021 pretax earnings, minus fees for representation managers, lawyers, agents and/or business operating costs. 16. 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. Are you sure you want to rest your choices? Earlier this week, he announced a partnership with crypto betting platform Stake. A post shared by Dondas Place ?? The rapper . After a $175 million gulf, former Hip Hop Cash King Diddy sits at No. Cash Kings is Real or Fake: If you want a quick review of Cash Kings App, we advise that currently it is doubtful. Traditional savings accounts, called statement savings accounts within the banking industry, have been notorious for paying puny interest in recent years. A post shared by Bad Boy Entertainment (@badboyent). Birdman $25 million The actress also got a reported $20 million collected from 10 episodes of The Morning Shows second season. JAY-Z - $470 million 2. Drake was one spot below Diddy, whose earnings were $75 million. 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. Hes the author of four books; the Billionaire Edition of his Jay-Z biography Empire State of Mind came out in 2021. Fleetwood Macs renowned guitarist offloaded his publishing catalog to Londons Hipgnosis in January 2021, collecting on a lifetime of hits including Go Your Own Way, The Chain and Tusk., The 1980s heavy metal band, known as much for their hedonism and crazy hair as perhaps their music, sold the rights to songs including Kickstart My Heart, Dr. Musk, CEO of Tesla and SpaceX, landed at No. Topping the list. All Rights Reserved. Vibe is a part of Penske Media Corporation. 1. As for Kanye, his hundreds of millions are largely due to his Yeezy sneaker and clothing brand. 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. There's positive people, who have passion and fury in their blood, those who make it. The go-to guy at Warner Bros. TV is still collecting tens of millions a year from the syndication of such hits as Two And A Half Men and The Big Bang Theory, but hes not been idle. Responds To CamRon After His Back And Forth With Joe Budden, Ice Spice & Nicki Minajs 'Princess Diana' Outsells Entire Top 25 On Hot 100, LeBron Quotes Obscure JAY-Z Lyric To Poke Grizzlies After Bouncing Them From Playoffs. We continued to invest in technology, structures, personnel and professors, and we reached the top in a few years.. "This is my biggest regret, because I was making my dream of becoming an entrepreneur come true.". The list, which was compiled by former Forbes editor and Hip-Hop Cash Kings list creator Zack OMalley Greenburg, measures pre-tax income for calendar year 2021 before deducting fees for agents, managers, lawyers, and living expenses. The country star sold his music catalog in 2021 but another big payday was in televisionwhere he gets paid a reported $13 million from his coaching gig on The Voiceand from $14.5 million made in a 15-city tour. 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. Super Active 32-Year-Old Dealmaker Is Japan's Newest Billionaire, Meet The Billionaire King Of Rolling Papers, The Cities With The Most Billionaires 2023. Kanye West held the number two spot earning $250 million and Diddy rounded out the top three, earning $75 million. 9. The number slowly grew, and by 2010 the school was offering some 200 courses to more than 1,200 students. BFC hasnt fired any staff at LEspresso and is looking to expand further, while also adding podcasts and improving the magazines online presence, according to Masetti and Iervolino. For banks and credit unions offering the top rates, check out our list of the best high-yield savings accounts. In addition to the 500-plus songs he has written for his own band, the OneRepublic frontman has penned hits for Beyonc, Adele and Ed Sheeran. The Boss unloaded his entire body of work to his longtime label home Sony Music Group in December. If you score a basic savings account with a rate in that ballpark, youve found a good deal. One week ago, the best rate also was 4.64%. Net Worth: USD 884 Million. The Kiss Me More rapper racked up $25 million from her global presence and partnerships with Pepsi, Taco Bell, and Candy Crush. He stepped down from the board of Multiversity two months later, and by August he had expanded his stake in BFC to 72%, having spent a total of $10 million. 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. After graduating, he got his first job at the nearby University of Salerno, thanks to a professor who had been impressed by his college thesis on franchising and knew his father. A world crazy for content nabbed South Park creators Matt Stone and Trey Parker a spot on this years list and a $900 million deal with Viacom, who wanted the 25-year-old hit for its streaming service. We want to hear from you! 6), followed by DJ Khaled (No. Annual income for this year's top twoJay-Z ($470m) and Kanye ($250m)is up more than tenfold from ten years ago. Fresh of the presses: my list of hip-hop's highest-paid artists of 2021. Read below to see the full list of hip-hops top earners: *Methodology: The list of Hip-Hops highest-paid acts measures pretax income for calendar year 2021 before deducting fees for agents, managers, lawyers and living expenses.