It’s turn into pure for a lot of hip-hop artists to additionally turn into very profitable entrepreneurs, which is comprehensible contemplating the success and fame they have already got.
Many artists now have their very own clothes traces, fragrances, document labels, a few of that are featured beneath. Nevertheless, there are additionally a couple of rappers who’ve made extremely sensible investments that paid off large time.
Prime 10 Rappers Who Grew to become Entrepreneurs
Earlier than I listing them, everyone knows that a variety of rappers and hip-hop artists go on to achieve success entrepreneurs. Nevertheless, I take into account these to be the highest 10 proper now.
Listed below are the highest 10 rappers who grew to become profitable entrepreneurs:
1. Jay-Z (Shawn Carter)
Jay-z and Beyonce now have a mixed internet value of $1 billion, according to Celebrity Net Worth. Although Jay-Z is an extremely profitable hip hop artist, a significant share of his fortune has come from his entrepreneurial ventures.
That is primarily resulting from his ’empire mind-set’ and the visions he had of making his personal empire.
A few of Jay-Z’s ventures embody proudly owning a number of bars and eating places, in addition to creating his personal document label (Roc-A-Fella Data), and likewise his personal clothes line (Rocawear).
I’ve beforehand written a submit on Jay-Z’s guidelines for fulfillment as an entrepreneur, which makes you notice precisely why he’s turn into so profitable, not solely as an entrepreneur however within the music business as effectively.
Most of the expertise he’s been utilizing to rack up gross sales as an artist have positively helped him in his many different enterprise ventures.
2. 50 Cent (Curtis Jackson)
50 Cent is one other extremely profitable entrepreneur, who’s personal guidelines for fulfillment I’ve additionally written about beforehand. Verify them out for those who haven’t carried out so already.
50 Cent’s internet value as of 2018 is now $20 million, and his success in enterprise has made up an enormous portion of this.
50’s most noticeable enterprise enterprise was when he invested in Vitamin Water, a sports activities beverage firm which he agreed to endorse in return for a $5 million price and a 5% stake within the firm.
After the corporate was bought to Coca Cola for $4.1 billion in 2007, Curtis did fairly effectively for himself incomes round $200 million for himself (earlier than taxes).
Celebrity Net Worth wrote an important article on the story, giving the exacts particulars. However, let’s not neglect his different profitable ventures, together with the G-Unit clothes line, and most lately the headphone firm ‘SMS Audio’.
I haven’t purchased a pair of SMS headphones but, however I plan to examine them out very shortly.
3. Dr. Dre (Andre Younger)
Talking of audio firms, Dr. Dre has been within the information lately as a result of sale of ‘Beats Electronics’ to Apple for $3 billion.
Andre Younger’s an extremely proficient rapper and music producer, however the sale of Beats has pushed his fortune as much as an unimaginable $800 million, making him the wealthiest man in hip hop.
The primary line of ‘Beats by Dre’ was launched in 2008, and have since then turn into probably the most modern headphones ever made.
They might not be the most effective in the marketplace, however all people needs a pair and also you’ll see a variety of professional athletes, celebrities and such carrying them.
The unique merchandise have been the Tour earphones, Solo headphones, and Studio headphones, however many extra have been added to the model, and at present, you’ll discover them in a wide range of completely different colours. Once they have been first launched, the one choices have been black, purple and white.
4. Diddy (Sean Combs)
Sean Combs was, up till the current sale of ‘Beats Electronics’ over to Apple, the wealthiest man in hip hop. Andre Younger has now taken this place after considerably growing his fortune as a result of sale.
Diddy has a internet value of a whopping $700 million as of 2018, which is up $120 million from final 12 months. Like many different rappers, he began his personal clothes line, “Sean John”. This was then adopted by including a perfume known as ‘I Am King’ to the model.
Sean can also be a proficient actor and has made many different investments.
He’s helped develop the vodka model Ciroc for a 50% share of the income. He did personal two eating places known as ‘Justin’s’, named after his son, however each places have now closed down.
Kanye West reportedly has a internet value of $120 million, which is greater than twice that of Kim Kardashian.
Just like Diddy, Kanye opened up a few eating places, launched a lady’s style label, DW Kanye West, and even labored with Nike on producing his personal shoe, the Air Yeezy.
Kanye can also be a well-accomplished movie director and clothier, as not solely has he labored with Nike and Adidas, but additionally Louis Vitton, Guiseppe Zanotti, and Bape.
6. Grasp P (Percy Robert Miller)
Percy did truly examine enterprise at school in his youth. In addition to being a profitable music artist, Grasp P was additionally a proficient actor and had featured in lots of movies and T.V reveals.
Grasp P has made quite a few investments in shares, actual property, his jewellery line, his clothes line, a sports activities administration agency. It’s secure to say he’s made a variety of investments, as that’s not even half of them.
Percy Miller was additionally the CEO of ‘No Restrict Leisure’, which meant he managed the numerous small firms underneath the ‘No Restrict’ title. He actually did have a enterprise empire.
Grasp P’s internet value is $350 million, which actually doesn’t shock me.
7. Chamillionaire (Hakeem Seriki)
Chamillionaire is one other 1 of the numerous hip hop artists who’re profitable entrepreneurs. He invested into ‘Fly Rides’ again in 2003, an auto firm specializing in custom-made automobiles.
Chamillionaire additionally has his personal document label, Chamillitary Leisure and has taken half in different ventures corresponding to creating is personal modeling firm and proudly owning a tour bus firm. His internet value is $15 million.
8. Akon
Akon, like practically the entire rappers on this listing, additionally has his personal document label, Kon Stay Distribution. In addition to this, in 2007 he launched his personal clothes line, Konvict Clothes, that includes denim denims, hoodies, hats, t-shirts and so on.
As of 2014, Akon‘s internet value is million based on Superstar Internet Price.
9. Ludacris (Christopher Bridges)
Ludacris is one other well-accomplished rapper, who has turn into a profitable entrepreneur. Not solely has he been featured in lots of movies, with probably the most recognizable being the Quick & Livid franchise.
However he’s additionally launched his personal headphone model “Soul by Ludacris”, which is analogous to what Dr. Dre and 50 Cent have carried out.
On high of that, he co-founded the document label ‘Disturbing the Peace’, and has been concerned in campaigns for Puma sneakers. Ludacris’ internet value is now $25 million.
10. Nicki Minaj
In comparison with the opposite hip hop artists on this listing, Nicki Minaj is a reasonably current artist, whereas the above have been rapping professionally since for over 10 years. Many individuals might not notice, however Nicki is definitely a really successful female entrepreneur.
The truth is, it’s fairly onerous to listing all of her ventures in only one go, there are such a lot of issues to listing. Nicki has carried out many endorsements and commercials for firms like Adidas and Pepsi.
She’s labored with Mattel, Beats Electronics, MAC Cosmetics… I may go on. And has now launched her personal clothes line and perfume. Nicki Minaj now has a internet value of $75 million, which could be very spectacular contemplating this was all earned within the final 4 or 5 years.
Abstract
Right here’s a fast recap of the highest 10 rappers who grew to become profitable entrepreneurs:
- Jay-Z
- 50 Cent
- Dr. Dre
- Diddy
- Kanye West
- Grasp P
- Chamillionaire
- Akon
- Ludacris
- Nicki Minaj