If you search for a celebrity’s name together with “net worth” on Google, you’ll probably find a ton of blog sites that provide lists of projected net worths.
However, calculating net value is not a precise science: In 2018, The New York Times stated, “Rich people don’t know how much money they have, and ‘net worth’ includes appraisals on all sorts of nonliquid assets, from cars to houses to fractions of companies.”
For instance, Forbes’ real-time billionaires list updates the list of the world’s richest people every day based on public holdings data and ownership stakes in private businesses.
The tracker’s findings about the wealthiest rappers are as follows:
Who is the richest rapper?
According to Forbes’ real-time billionaires list, Jay-Z is the wealthiest rapper in the world. Jay-Z’s projected net worth as of June 2023 is $2.5 billion. The singer, whose real name is Shawn Carter, was born in Brooklyn and became the first millionaire in hip-hop in 2019.
His assets include a collection of artwork by Jean-Michel Basquiat, his venture capital firm Marcy Venture Partners, his entertainment company Roc Nation, his music, and his relationships with Armand de Brignac champagne and D’Usse cognac.
The 53-year-old rapper is the most successful solo artist with 14 No. 1 albums on the Billboard 200 chart and 24 Grammy Awards over the course of his nearly three-decade career.
What is Kanye West’s net worth?
As of June 2023, Ye, the artist who was formerly known as Kanye West, has a $400 million net worth, based on Forbes’ real-time net worth tracker.
Ye’s relationship with Adidas was terminated as a result of his offensive and antisemitic remarks, which also caused him to lose his billionaire title. Along with JPMorgan Chase and Gap, his talent agency Balenciaga also broke off their relationship with the rapper.
Top 5 richest rappers
With a 2.5 billion net worth in the spring of 2023, Jay-Z is the only rapper to secure a spot on Forbes’ real-time billionaires list.
Ye, Sean “Diddy” Combs, Andre “Dr. Dre” Young, and Gilbert “Berner” Milam, a rapper from the Bay Area who runs Cookies, the first legal marijuana company valued at $1 billion, round out the list of the richest people in hip-hop. The following is a list of the top five richest rappers as of 2022, compiled by former Forbes editor Zack O’Malley Greenburg:
Jay-Z: $1.5 billion (October 2022)Diddy: $1 billion (October 2022)Ye: $500 million (October 2022)Berner: $410 million (October 2022)Dr. Dre: $400 million (October 2022)