One of the most recognizable voices in music history, Eminem is also the fifth-richest rapper in the world. What is Eminem worth now and how did he become a rap superstar from a troubled teen?
Eminem had a challenging upbringing characterized by abuse allegations and extreme poverty. He started rapping in clubs in Detroit, Michigan, at the age of 14, and after deciding to drop out of school after being held back in the ninth grade for the third year in a row, he dedicated himself totally to music.
What is Eminem's net worth?
Eminem has a $230 million net worth. Although Eminem is without a doubt one of the wealthiest musicians of all time, before becoming well-known as a rapper, he struggled to make ends meet by working as a cook, a dishwashing machine, and in a factory that manufactures machinery, among other odd jobs.
However, he has made a respectable amount of money from his music career and other business endeavors, such as his restaurant and record label.
How much money does Eminem bring in from his music?
With a total of 15 albums, Eminem is among the best-selling musicians of all time. In total, he has sold over 100 million albums worldwide, 49.1 million albums in the US alone, and over 42 million tracks.
In addition to having strong record sales, Eminem has a sizable following on Spotify, where he is the 8th most listened artist with 53 million monthly listeners. He might receive an annual salary of more than $10 million from the streaming juggernaut. And it's not difficult to understand why, given that mega hits like The Real Slim Shady have received over 1 billion streams.
Due to his overall accomplishment, Eminem earned $20 million in a single year. His earnings are more in the range of $30–50 million during the years when he goes on tour. He had one of his most successful years in 2019, with an estimated $50 million in income.
The rapper made over $36 million in 2015 from his Monster Tour, which was his most lucrative joint venture with Rihanna.
His musical prowess, which has been acknowledged by his 15 Grammy wins and 44 nominations, is the basis for these sales. His song My Name Is won him his first significant honor—Best Rap Solo Performance. Since then, he has performed four times at the Grammy Awards between 2001 and 2011, working with Elton John on the duet Stan at the 43rd Grammy Awards.
And Eminem's career continues to be quite outstanding. Eminem has over 166 million single certifications and 61.5 million album certifications, making him the singles artist with the most Gold and Platinum certifications in history with 73.5 million new certified units.
What are Eminem's investments and business ventures worth?
Eminem owns a charity and contributes a sizable amount of his personal cash to it. The Marshall Mathers Foundation is committed to helping Detroit's impoverished and at-risk youngsters.
Along with his charitable endeavors, Eminem also co-owns Mom's Spaghetti, a restaurant that debuted in late September 2021 as a permanent version of a pop-up store from the previous year.
Eminem is a seasoned entrepreneur who has represented some of the top artists in the world through his record company, Shady Records. From 2002 to 2014, 50 Cent was a signed artist to the label. During that time, he put out five albums, including Get Rich or Die Tryin', which is said to have brought the company millions of dollars.
Eminem has invested in the lyric-generating website Genius in addition to his own record label. He is now a member of a select group of well-known investors, including Nas and Pharrel, who have helped Genius secure about $60 million in investments since 2011.
Finally, although it's not precisely a business, Eminem has invested in his acting career by playing the lead role in the biographical film 8 Mile, which earned over $240 million in total and $54.5 million during its opening weekend.
What assets does Eminem own?
Eminem has made a number of investments in the world of NFTs, including the acquisition of a Bored Ape Yacht Club NFT for 123.45 ETH, or almost $500,000. The NFT, which he purchased in January 2022, is one of his 22 collections. Further further, he is interested in the NFT industry.
He has invested in the MakersPlace NFT buying and selling market in addition to his own interest in the NFT market. The business had received approximately $40 million in funding as of 2021 from backers that included Eminem and Sony Music Entertainment.
Eminem has made real estate investments in addition to his business ventures, most notably his Rochester Hills house, which he purchased in 2003 for $4.8 million and is now listed for $2 million, suggesting that Eminem will lose at least $2.8 million. But the rapper, who primarily resides in his home in Clinton Township in the neighboring county, doesn't seem to mind.
Throughout his career, he has acquired at least 12 high-end sports cars, including an Aston Martin V8 Vantage and a 2004 Porsche Carrera GT, for his impressive auto collection. More than $2.5 million is thought to be the value of his car collection.
Eminem is ranked #6 on the list of the top 10 best-selling artists of all time as a result of his career's enormous success and sales.