THE RICHEST RAPPERS IN THE WORLD 2014
Cash rules everything around me (C.R.E.A.M)
Once you attain that status, the money just keeps flowing in. Lets take a round and check out The Richest Rappers in the World 2014
1. Dr. Dre – Net Worth: $750 million (up $390 million)
It finally happened! Just as we predicted in an earlier version of this article, Dr. Dre is an inch away from being the world's first billionaire rapper. On May 28, 2014, it was revealed that Dr. Dre and Jimmy Iovine had reached a deal to sell their company Beats By Dre to Apple Inc, for a mind-boggling $3 billion. The deal will come in the form of $2.6 billion in cash and $400 million in stock. This story is still in flux, and it isn't even fully official yet. When we know the final details we will definitely update this list! Here's our original paragraph about Dre from before the Beats sale (when he was still the third richest rapper):
Not only is the doctor in the house, he's also in the bank vault stacking up gold bars. In the last 12 months, no rapper earned as much money as Dr. Dre. As you might have guessed, the vast majority of Dre's $140 million net worth jump is related to a little company called Beats By Dre. Dre founded the company in 2008 with Interscope chairman Jimmy Iovine. They sold half the company to HTC in 2011 for $309 million. In 2012, Dre and Jimmy bought a quarter of that stake back for $150 million. In September 2013, private equity firm Carlyle Group purchased HTC's remaining 25% stake plus another 25% stake (again leaving Jimmy and Dre with 50%). This investment valued the company as a whole at $2 billion which meant Dre's stake was worth $500 million. Beats by Dre is rumored to have generated $1.4 billion in revenue in 2013. When Apple purchased Beats, Dre Dre's stake was worth $750 million before taxes.
#2. Diddy – Net Worth: $700 million (up $120 million)
Up until May 7, 2014 Diddy was the richest rapper in the world. He was also officially the first rapper in history to crack the $700 million net worth mark. Diddy's net worth increased $120 million in the last year. This massive boost in net worth can be attributed in large part to his 8 figure endorsement deal with Ciroc Vodka and the growth of his cable net work RevolTV. He also continues to benefit from his long-established fashion and media empire. Diddy actually owns a significant piece of equity in Ciroc, which was recently valued at $1 billion. If Ciroc sold today, Diddy would reportedly earn $150 million. But it doesn't stop at vodka. Recently it was revealed that Diddy and a group of investors bid $200 million to purchase Fuse TV from the Madison Square Garden Company. Diddy wants to combine Fuse TV with a cable channel he already owns called, Revolt TV. The combined new network would be a home for music, news, interviews and live music
.
#3. Jay-Z – Net Worth: $550 million (up $50 million)
Jay-Z continues to cash in on his 10-year, $150 million Live Nation deal which last another four years. His Magna Carter tour put $10 million in his pocket and he also earned $5 million from digital sales. In the last 12 months Jay sold his stake in the Brooklyn Nets and launched Roc Nation Sports, a sports agency in partnership with Hollywood powerhouse CAA. Roc Nation Sports has already cut deals for superstar athletes like Robinson Cano, Victor Cruz and Kevin Durant.
The Richest Rappers In The World 2014:
Once you attain that status, the money just keeps flowing in. Lets take a round and check out The Richest Rappers in the World 2014
1. Dr. Dre – Net Worth: $750 million (up $390 million)
It finally happened! Just as we predicted in an earlier version of this article, Dr. Dre is an inch away from being the world's first billionaire rapper. On May 28, 2014, it was revealed that Dr. Dre and Jimmy Iovine had reached a deal to sell their company Beats By Dre to Apple Inc, for a mind-boggling $3 billion. The deal will come in the form of $2.6 billion in cash and $400 million in stock. This story is still in flux, and it isn't even fully official yet. When we know the final details we will definitely update this list! Here's our original paragraph about Dre from before the Beats sale (when he was still the third richest rapper):
Not only is the doctor in the house, he's also in the bank vault stacking up gold bars. In the last 12 months, no rapper earned as much money as Dr. Dre. As you might have guessed, the vast majority of Dre's $140 million net worth jump is related to a little company called Beats By Dre. Dre founded the company in 2008 with Interscope chairman Jimmy Iovine. They sold half the company to HTC in 2011 for $309 million. In 2012, Dre and Jimmy bought a quarter of that stake back for $150 million. In September 2013, private equity firm Carlyle Group purchased HTC's remaining 25% stake plus another 25% stake (again leaving Jimmy and Dre with 50%). This investment valued the company as a whole at $2 billion which meant Dre's stake was worth $500 million. Beats by Dre is rumored to have generated $1.4 billion in revenue in 2013. When Apple purchased Beats, Dre Dre's stake was worth $750 million before taxes.
#2. Diddy – Net Worth: $700 million (up $120 million)
Up until May 7, 2014 Diddy was the richest rapper in the world. He was also officially the first rapper in history to crack the $700 million net worth mark. Diddy's net worth increased $120 million in the last year. This massive boost in net worth can be attributed in large part to his 8 figure endorsement deal with Ciroc Vodka and the growth of his cable net work RevolTV. He also continues to benefit from his long-established fashion and media empire. Diddy actually owns a significant piece of equity in Ciroc, which was recently valued at $1 billion. If Ciroc sold today, Diddy would reportedly earn $150 million. But it doesn't stop at vodka. Recently it was revealed that Diddy and a group of investors bid $200 million to purchase Fuse TV from the Madison Square Garden Company. Diddy wants to combine Fuse TV with a cable channel he already owns called, Revolt TV. The combined new network would be a home for music, news, interviews and live music
.
#3. Jay-Z – Net Worth: $550 million (up $50 million)
Jay-Z continues to cash in on his 10-year, $150 million Live Nation deal which last another four years. His Magna Carter tour put $10 million in his pocket and he also earned $5 million from digital sales. In the last 12 months Jay sold his stake in the Brooklyn Nets and launched Roc Nation Sports, a sports agency in partnership with Hollywood powerhouse CAA. Roc Nation Sports has already cut deals for superstar athletes like Robinson Cano, Victor Cruz and Kevin Durant.
- 1. Dr. Dre – Net Worth: $750 million (up $390 million)
- 2. Diddy – Net Worth: $700 million (up $120 million)
- 3. Jay-Z – Net Worth: $550 million (up $50 million)
- 4. Master P – Net Worth: $350 million (no change)
- 5. 50 Cent – Net Worth: $270 million (up $10 million)
- 6. Birdman – Net Worth: $170 million (up $20 million)
- 7. Eminem – Net Worth: $160 million (up $20 million)
- 8. Ice Cube – Net Worth: $140 million (up $20 million)
- 9. Lil Wayne – Net Worth: $135 million (up $25 million)
- 10. Snoop Dogg – Net Worth: $135 million (up $10 million)
- 11. Kanye West – Net Worth: $120 million (up $20 million)
- 12. Pharrell Williams – Net Worth: $110 million (up $30 million)
- 13. LL Cool J – Net Worth: $100 million (up $15 million)
- 14. Timbaland – Net Worth: $85 million (up $5 million)
- 15. Akon – Net Worth: $80 million (no change)
- 16. Beastie Boys – $75 million each (no change)
- 17. Nelly – Net Worth: $60 million (no change)
- 18. T.I. – Net Worth: $50 million (up $10 million)
- 19. Pitbull – Net Woryth: $50 million (up $30 million)
- 20. Nicki Minaj – Net Worth: $45 million (up $20 million)
- 21. Andre 3000 – Net Worth: $45m (no change)
- 22. Drake – Net Worth: $40 million (up $10 million)
- 23. Ice-T – Net Worth: $40 million (up $5 million)
- 24. Big Boi – Net Worth: $40 million (no change)
- 25. T-Pain – Net Worth: $35 million (no change)
- 26. Rick Ross – Net Worth: $35 million (up $7 million)
- 27. Busta Rhymes – Net Worth: $30 million
- 28. Flo Rida – Net Worth: $30 million (up $10 million)
- 29. Ludacris – Net Worth: $25 million
- 30. Chris Brown – Net Worth: $24 million
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