Top 5 Richest Rappers of 2018
Who are the richest rappers of 2018? Rap music has been capturing the listeners’ ears and hearts since the early 90s because of lyrics that are usually based on the rapper’s experiences. Rappers express their own “rags to riches” stories through their music and songs, which is the typical reason why some rappers have risen to stardom.
The music industry gave them the chance to reach the fame they are experiencing today. From simplicity and hardships, the richest rappers of 2018 are now living the luxurious and lavish life most people wish to attain and they are not afraid to flaunt their riches. They purchase multiple properties, fancy cars, and spend their money on extravagant things! Here are the top 5 richest rappers of 2018.
Shawn “Jay-Z” Carter
He is Queen Bey’s King, so it is only right that Jay-Z is on the top of our list. Jay-Z’s net worth has increased from $810 million last year to $900 million this year. Jay-Z’s net worth in 2018 pushed him to the top of our list. From being the second richest rapper last year, he is now the wealthiest rapper of 2018.
True Jay-Z fans know that he had a rough childhood – serious father issues, guns, and violence. However, he learned how to stand up and fight his past through music. Music has significantly changed Jay-Z’s life as well as his economic status.
Jay-Z started his music career in 1996, since then he has sold more than 75 million albums, proving that he is definitely the “King of Brooklyn, New York.” More than his rapping career, Jay-Z also owns various businesses from spirits, to clothing, to real estate, and endorsements.
Now that Shawn Carter is earning hundreds of millions of dollars, he makes sure that his family experiences comfort in life. He never fails to spark controversies surrounding his spending habits. After his equally famous wife, Beyoncé, gave birth to their twins, they moved from their $26 million East Hampton mansion to an estate in L.A.’s Bel Air worth a reported $88 million. That is not the best part! Rumor has it that the “Royal Couple of Hollywood Music” is planning to build a $500 million mega-mansion on their Bel Air property.
Sean “Diddy” Combs
Sorry Diddy, but Jay-Z beats you this time. For a few years, Diddy was the top richest rapper, but Jay-Z turned the tables this year and pushed him to the second spot on our list of richest rappers of 2018. However, that does not mean that Diddy should shed a tear. In fact, Diddy’s massive net worth of $820 million should definitely keep him sleeping like an angel.
After dropping out of Howard University, he was able to make a name for himself not only as an artist but also as an entrepreneur producing famous artists such as Notorious B.I.G and more. In 1993, Diddy launched his music production company, Bad Boy Entertainment, where he cultivated a sound and dominated the airwaves with his stable of artists. Combs also began to venture into various businesses from the food industry to the fashion industry.
With great fortune comes great excess. Just like Jay-Z, Diddy is also flaunting his luxurious life. In 2003, he bought a two-story estate with nine bedrooms, 12 bathrooms, a pool, and a boat dock in Star Island in Miami Beach worth $14.5 million. Aside from real estate, his spending habits include huge investments in his luxury car collection like the Maybach 57 and Lamborghini Gallardo Spyder. More than just properties and luxury cars, news from all over the internet confirmed that Diddy really wants an NFL team. He was even planning to put together a team of investors for the “Carolina Panthers.” The sky is the limit for this seasoned entrepreneur.
Andre “Dr. Dre” Young
Landing on the third spot with a $770 million net worth on the list of the richest rappers of 2018 is Dr. Dre. Everybody knows pretty much knows Dre’s story! Dr. Dre came from a musical family — his grandfather was a Romells’ member and his mother was a Four Aces’ member.
From having his makeshift studio inside their home, he was able to become the Master of Mixology, developing the Dr. Dre rap persona. From there Dre became a founding member of iconic rap group N.W.A. Aside from being a rap artist, Dr. Dre is also a record producer and entrepreneur – the CEO of Aftermath Entertainment and Beats Electronics.
Dr. Dre’s net worth came to a staggering increase when Apple acquired the Beats headphones which he co-founded. After the acquisition of about $3 billion, he bought Tom Brady’s Brentwood mansion for $40 million. Along with other real estate investments, Dr. Dre also has an affinity for flashy cars like his $450,000 Rolls-Royce Phantom Coupe. He’s definitely got enough money to enjoy the finer things in life.
Eminem’s net worth in 2018 is about $100 million. While he may have a smaller net worth compared to the first three richest rappers of 2018, he is still among the top five. It is no secret that Eminem is a world-known rapper because he is “Not Afraid” to reinvent music through his reality-based songs and raps, which is why Eminem’s net worth mainly stems from his career as the best-selling rapper of all time.
Eminem is “Slim Shady” for a significant reason. He was always a troubled individual who had undergone so much “pain” and challenges in his life – a victim of bullying, addiction, absentee father issues, and a victim of emotional abuse during his childhood days. Although Eminem h experienced these challenges, he found a way to express who he really is. After being discovered by Dr. Dre and releasing “The Slim Shady EP”, Em success skyrocketed and he hasn’t looked back.
Because of his success as a “Rap God,” he has enjoyed living a life of luxury. Over the years, Eminem has splurged on real estate including a mansion in Detroit worth $4.75 million. He also spends tons of money on his car collection including his $400,000 Lamborghini along with three Ferraris and four Porsches.
With Drake’s net worth of $100 million, he ties Eminem on the richest rappers of 2018 list. Drake also came from a musically-inclined family. Aside from being one of the richest rappers these days, he is also an actor who starred in the Canadian TV show “Degrassi,” a record producer, and an entrepreneur.
Drake released his first mixtape in 2006. Since then, the rapper’s career has surged with every album he releases. Especially after earning the Grammy’s Best Rap Album award. His net worth is mainly from his album sales, touring, and various endorsements.
Drake is also known for his spending sprees for parties and holiday vacations. He’s also invested in a flashy mansion equipped with artificial lagoons and a waterslide worth $7.7million. Other things that the rapper is spending his money on are a $2.5 million Bugatti Veyron and $30,000 Phantom Rolex for his crew. Drake’s latest spending spree was actually a random act of kindness. He gave a $25,000 donation to the students of Miami Senior High School.
The wealth of these rappers and the way they spend their fortunes are mind-blowing! The richest rappers of 2018 are currently not just being listed on Forbes‘, but also included on the top charts, making them insanely famous and popular throughout the world.
Gives you up and comers something to aspire to.
Bonus: You can satisfy your curiosity by checking out the top 10 richest rappers of last year below: