It’s become natural for a lot of hip-hop artists also to become very effective entrepreneurs, that is understandable thinking about the success and fame they have.
Many artists now their very own clothing lines, fragrances, record labels, most of which are featured below. However, there’s also a couple of rappers who’ve made incredibly wise investments that compensated off in a major way.
Top Ten Rappers Who Grew to become Entrepreneurs
Before I list them, everyone knows that many rappers and hip-hop artists will continue to be effective entrepreneurs. However, I think about these is the top ten at this time.
Listed here are the very best 10 rappers who grew to become effective entrepreneurs:
1. Jay-Z (Shawn Carter)
Jay-z and Beyonce are in possession of a combined internet price of $1 billion, based on Celebrity Internet Worth. Despite the fact that Jay-Z is definitely an incredibly effective rap artist, a significant number of his fortune originates from his entrepreneurial ventures.
This really is mainly because of his ’empire condition of mind’ and also the visions he’d of making their own empire.
A number of Jay-Z’s ventures include owning several bars and restaurants, in addition to creating their own record label (Roc-A-Fella Records), as well as their own clothing line (Rocawear).
I’ve formerly written a publish on Jay-Z’s rules for achievement being an entrepreneur, making you understand precisely why he’s become so effective, not just being an entrepreneur however in the background music industry too.
Most of the skills he’s used to accrue sales being an artist have certainly helped him in the a number of other small business ventures.
2. 50 Cent (Curtis Jackson)
50 Cent is yet another incredibly effective entrepreneur, who’s own rules for achievement I’ve also discussed formerly. Try them out should you haven’t done this already.
50 Cent’s internet worth by 2018 has become $20 million, and the success running a business makes up an enormous part of this.
50’s most noticeable business enterprise was as he committed to Vitamin Water, a sports beverage company that they decided to endorse to acquire a $5 million fee along with a 5% stake in the organization.
After the organization was offered to Coca Cola for $4.1 billion in 2007, Curtis did pretty much for themself earning around $200 million for themself (before taxes).
Celebrity Internet Worth authored an excellent article around the story, giving the exacts details. But, don’t forget forget his other effective ventures, such as the G-Unit clothing line, and many lately the headphone company ‘SMS Audio’.
I haven’t bought a set of SMS earphones yet, however i intend to try them out very shortly.
3. Dr. Dre (Andre Youthful)
Talking about audio companies, Dr. Dre has developed in the news lately because of the purchase of ‘Beats Electronics’ to Apple for $3 billion.
Andre Young’s a remarkably gifted rapper and music producer, however the purchase of Beats has pressed his fortune as much as an amazing $800 million, making them the wealthiest man in rap.
The very first type of ‘Beats by Dre’ was launched in 2008, and also have since that time end up being the most trendy earphones available.
They are certainly not the very best available on the market, but everyone uses a pair and you will see lots of pro athletes, celebrities and the like putting on them.
The initial products were the Tour earphones, Solo earphones, and Studio earphones, however, many more were put into the company, and presently, you’ll locate them in a number of different colors. Once they were first released, the only real options were black, red and white-colored.
4. Diddy (Sean Combs)
Sean Combs was, up to the current purchase of ‘Beats Electronics’ to Apple, the wealthiest man in rap. Andre Youthful has taken it after considerably growing his fortune because of the purchase.
Diddy includes a internet price of an astonishing $700 million by 2018, that is up $120 million from this past year. Like a number of other rappers, he began their own clothing line, “Sean John”. It was then adopted with the addition of a scent known as ‘I Am King’ towards the brand.
Sean is another gifted actor and it has made a number of other investments.
He’s helped get the vodka brand Ciroc for any 50% share from the profits. He did own two restaurants known as ‘Justin’s’, named after his boy, but both locations have finally closed lower.
Kanye apparently includes a internet price of $120 million, that is greater than two times those of Kim Kardashian.
Much like Diddy, Kanye opened up up a few restaurants, released a woman’s fashion label, DW Kanye, as well as labored with Nike on producing their own shoe, the environment Yeezy.
Kanye is another well-accomplished film director and designer, as not just has he labored with Nike and Adidas, but additionally Louis Vitton, Guiseppe Zanotti, and Bape.
6. Master P (Percy Robert Miller)
Percy did really study business at school in the youth. In addition to being a effective music artist, Master P seemed to be a gifted actor coupled with featured in lots of films and T.V shows.
Master P makes numerous investments in stocks, property, his jewellery line, his clothing line, a sports management firm. It’s reliable advice he’s made lots of investments, as it is not even 1 / 2 of them.
Percy Miller seemed to be the Chief executive officer of ‘No Limit Entertainment’, which meant he managed the numerous businesses underneath the ‘No Limit’ name. He really had a company empire.
Master P’s internet worth is $350 million, which really doesn’t surprise me.
7. Chamillionaire (Hakeem Seriki)
Chamillionaire is yet another one of the many rap artists who’re effective entrepreneurs. He invested into ‘Fly Rides’ in 2003, a car company focusing on customized cars.
Chamillionaire also offers their own record label, Chamillitary Entertainment and it has played in other ventures for example creating is own modeling company and having a coach company. His internet worth is $15 million.
Akon, like almost all of the rappers about this list, also offers their own record label, Kon Live Distribution. In addition to this, in 2007 he released their own clothing line, Konvict Clothing, featuring jeans jeans, hoodies, hats, t-shirts etc.
By 2014, Akon‘s internet worth is million based on Celebrity Internet Worth.
9. Ludacris (Christopher Bridges)
Ludacris is yet another well-accomplished rapper, who has turned into a effective entrepreneur. Not just has he been featured in lots of films, most abundant in recognizable to be the Fast & Furious franchise.
But he’s also released their own headphone brand “Soul by Ludacris”, which has similarities as to the Dr. Dre and 50 Cent did.
On the top of this, he co-founded the record label ‘Disturbing the Peace’, and it has tried campaigns for Puma athletic shoes. Ludacris’ internet worth has become $25 million.
10. Nicki Minaj
When compared to other rap artists about this list, Nicki Minaj is a reasonably recent artist, whereas the above mentioned happen to be rapping professionally since for more than ten years. Lots of people might not realize, but Nicki is really a really effective female entrepreneur.
Actually, it’s pretty difficult to list all her ventures in only one go, there are plenty of items to list. Nicki has been doing many endorsements and commercials for businesses like Adidas and Pepsi.
She’s labored with Mattel, Beats Electronics, MAC Cosmetics… I possibly could continue. And also has released her very own clothing line and scent. Nicki Minaj presently has a internet price of $75 million, that is spectacular thinking about it was all earned within the last four to five years.
Here’s a fast recap from the top ten rappers who grew to become effective entrepreneurs:
- 50 Cent
- Dr. Dre
- Master P
- Nicki Minaj