forbes cash kings 2021
I cover the world's richest people and how they made their billions. . Thursday, April 11, 2019 at 4:39 PM by Jackline Wangare. You probably know Nas from his, "I can," hit song. He was seen grinding on a woman during Carnival in Jamaica. . As Italy began its vaccination campaign and slowly reopened in 2021, Iervolinos Multiversity had broken past the 100,000 student mark. The deal drew controversy because Iervolino had sued LEspresso for defamation in 2015, seeking $43 million in damages for a 2014 article that criticized Pegaso. It factors in compound interest, which is the interest that builds up on the interest in your account. The self-proclaimed king of all media moved from radio to SiriusXM satellite 15 years ago. On April 6, Forbes released its 2021 list. You may opt-out by. Fellow billionaire Ye ranks second, pulling in $250 million over the course of 2021, almost entirely from his Yeezy footwear empire. Tech N9ne $25 million Profits remain strong. 2 on the Forbes list of Highest-Paid Entertainers of 2021, behind Lord of the Rings director Peter Jackson, who collected $600. 2 on the list is fellow Watch The Throne royalty Kanye West, who earned $250 million in 2021 almost entirely thanks to his Yeezy footwear empire. Still, his first big purchase came seemingly on a whim: Two months after the sale, he acquired Italian soccer team Salernitana for $11 million. After taxes, Iervolino was left with roughly $1 billion, earning him the nickname Mister Billion in the Italian press. Diddy - $75 million 4. The list, which was compiled by former Forbes editor and "Hip-Hop Cash Kings" list creator Zack O'Malley Greenburg, measures pre-tax income for calendar year 2021 before deducting fees for. Fresh of the presses: my list of hip-hop's highest-paid artists of 2021. The entrepreneur and rapper is a billionaire with multiple business ventures such as Roc Nation and Tidal. Hip-hops top 10 earners of 2021 doubled their 2019 haul with more than $1 billion. Wiz Khalifa $35 million Outside of the top three, Drakes record-breaking album Certified Lover Boy pushed his 2021 earnings to $50 million, while Wiz Khalifas successful ventures into the legal cannabis industry saw him pocket $45 million last year. The average APY for an MMA is now 0.51%, up from 0.49% last week at this time, according to Bankrate. Adam Horovitz Net Worth: $90 Million Adam Horovitz, better known as Ad-Rock or King Ad-Rock, is an American musician, guitarist, rapper, producer, and actor. But out of the 10 artists on the list, one may have come as quite a surprise. Kanye West - $250 million 3. Something went wrong. 2023 Forbes Media LLC. 25 with $52 million, made most of her money re-recording albums she first released a decade ago. Nonetheless, see the full list of the highest earners in hip-hop for 2021 below. Doug is the U.S. Editorial Director for Forbes Advisor. Past performance is not indicative of future results. But wherever his interests take him, hes convinced that young entrepreneurs in Italy will have more opportunities to achieve successand he wants to help them seize their chance to make it big, just like he did. Hov also offloaded a 50 percent stake in his champagne brand Armand de Brignac to luxury goods giant LVMH for a reported $600 million. We stay hungry, we devour/Put in the work, put in the hours and take whats ours/Black and Samoan in my veins, my culture bangin with Strange / I change the game so whats my muthafucking name (Rock)., As for OMalley Greenburgs list, he said 2021 was more lucrative then ever for several rappers, writing, I started compiling the Forbes list of hip-hops top earners over a decade ago. Two years later, Iervolino acquired Universitas Mercatorum, an online university launched by the Italian Chambers of Commerce focused on entrepreneurs and workers interested in part-time education. Hip-Hop's Top 20 Earners Diddy tops this year's Cash Kings list, pulling in $50 million over the past 12 months. So when CVC offered to buy out his remaining stake in Multiversity, it seemed the right time to exit: In October 2021, he sold the whole firm, cashing out on his remaining stake. Wiz Khalifa cashed in on the cannabis revolution with products including his Khalifa Kush (and got a big boost from quietly selling a chunk of his publishing in April). Jigga has made $470 million, Ye rakes in $250 million and Diddybrings in$75 millionthe aforementioned rappers are the big three on the list. According to Vibe, his net worth has skyrocketed to $1.5 billion. On Monday (Feb. 28), journalistZack OMalley Greenburg, formerly ofForbes, who curated the list for the publication for years, independently unveiled his list of the top-earning rappers. Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. 9, $27 million). That can make it cheaper for many prospective applicants, compared to public universities that charge roughly $1,000 to $4,400 a year, depending on income, and private schools that cost between $6,600 and $21,800. Kanye West. He still owns the brands he was building back then, including Bad Boy Records and the newly re-acquired Sean Jean fashion label, but most of his earnings these days comes from his Croc vodka liquor brand. 5. in January. ", It was a difficult time for everyone. "I studied the University of Phoenix as a model. The trio continues to cash in with a deal on the streamer that locked up the laughs for $425 million. And before you sign up for your account, be sure you look into the reputation and safety of the bank or credit union. 2 with $250 million and Diddy rounded out the Top 3 with $75 million. I started compiling the "Forbes list" of hip-hop's top earners over a decade ago. MMAs tend to pay at least slightly higher interest than a standard savings account. Hip-Hop has, and always will, set trends, says Kim Kaupe, founder of the creative agency Bright Ideas Only. Shocking. Diddy tops this years Cash Kings list, pulling in $50 million over the past 12 months. High-yield savings accounts generally pay considerably higher interest than a conventional savings account. When Jay-Z and Kanye West launched their classic album Watch the Throne back in 2011, they racked up earnings that look almost quaint in hindsight. 10. I see a rosy future for young people and especially for Italy., This is a BETA experience. Thats steady with the top rate of 4.65% from one week ago. Responds To CamRon After His Back And Forth With Joe Budden, Ice Spice & Nicki Minajs 'Princess Diana' Outsells Entire Top 25 On Hot 100, LeBron Quotes Obscure JAY-Z Lyric To Poke Grizzlies After Bouncing Them From Playoffs. Kim Kardashian West is officially a billionaire, according to Forbes, MacKenzie Scott, billionaire philanthropist and ex-wife of Jeff Bezos, marries Seattle schoolteacher. Eminem $28 million Savings accounts can come with monthly maintenance fees, excess transaction fees (if you ignore limits on withdrawals), and other pesky charges that can erode your returns. A post shared by Dondas Place ?? The Watch the Throne collaborators transcend hip-hop as the highest-paid musicians of any genre, aside from legacy rockers who sold their catalogs last year. Kim becomes a billionaire:Kim Kardashian West is officially a billionaire, according to Forbes, Bezos ex remarries:MacKenzie Scott, billionaire philanthropist and ex-wife of Jeff Bezos, marries Seattle schoolteacher. A new Kardashian in the billionaire's club:Kim Kardashian West is officially a billionaire, according to Forbes. Vibe is a part of Penske Media Corporation. Toby Keith tops Forbes' annual list of country music's highest paid artists for the second year in a row, pulling in an estimated $65 million. In 2003, the Italian government passed a law that allowed for the establishment of online universities in the country. In August 2019, Iervolino sold a 50% stake in Multiversity to CVC Capital Partners for $250 million. Find an account thats insured by the FDIC or, in the case of credit unions, the NCUA. His other investments include a stake in New York-based cybersecurity firm DuskRise, startup incubator Digital Magics and Italian tech investment funds Alchimia, Nextalia and Vertis. 5. Though Hip-Hop now accounts for 27.7% of U.S. music consumptionmore than any other genre, according to MRC Data, and roughly equal to rock and country combinedits highest-paid acts are successful because of their diversified portfolios. Topping the list. Garth Brooks has been crowned the king of Forbes ' annual "Country Cash Kings" list, following the icon's first tour in over a decade. #3 - Shania Twain Net Worth: $410 Million Change: +$10M & 1 - Shania absolutely owned the mid-to-late '90s in terms of country and country pop music. Cash Kings Review: Name - Cash Kings (Early Access) Status - Doubtful Language - English Developer - AntonyC Support - clifordantony609@gmail.com A former Forbes reporter has compiled a list of the highest paid rappers of 2021. sale of hisTidal streaming service to Jack Dorsey's Square for over $350 million. The Lord of the Rings director sold part of his visual effects firm Weta Digital to Unity Software for $1.6 billion in November, making him only the third person in history to become a billionaire (after Steven Spielberg and George Lucas) by making movies. There's positive people, who have passion and fury in their blood, those who make it. Then in the early 2000s came a transformative trip to the United States, where he saw that online learning was already widely accepted, unlike in Italy. How To Find The Cheapest Travel Insurance, Compare the Best High-Yield Online Savings Accounts, Best Savings Accounts For Digital Banking, Best Savings Accounts For Automated Saving, Best Savings Accounts For Customer Experience. By 2019, Iervolinos company Multiversitywhich includes both Pegaso and Mercatorumhad 80,000 students and 70 exam venues scattered throughout Italy. series The Kominsky Method. Students saw it as a fallback option.". The genre has stared down the barrel of systemic racism from the beginning, and acts historically havent been able to rely on live shows or fat corporate checks like their peers in other corners of the music business. The 80-year-old Nobel laureate transferred his recorded music and a few future recordings to Sony in July for $150 million. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. Here are the richest African Americans and where they rank on the list of the world's billionaires. Quavo and Chloe Bailey Fuel Romance Rumors With Lunch Date, Pharrell Brings Out Chris Brown at Something in the Water Festival, Chance the Rapper Responds to His Wife After Carnival Dancing Controversy, Chance the Rapper's Wife Responds to Viral Dancing Video, Nelly and Ashanti Couple Up at Davis-Garcia Fight, Offset Appears to Respond to Quavo Amid Rumored Takeoff Tattoo Diss. Hip-hop was forged in a crucible of adversity, part of the reason its flourished amid the recent uncertain times. 10. These places have been secured . endorsement deals. FormerForbescontributor and longtimeHip Hop Cash Kingscurator Zack OMalley Greenburg independently unveiled his list of 2021s top-earning rappers on Monday (February 28). The highest-paid hip-hop artists of 2021 have been revealed and JAY-Z and Kanye West once again top the list. On Wednesday (Sept. 7), Forbes unveiled its "Hip Hop Cash Kings 2016" list, and Diddy holds down the No. That deal made Jackson a billionaire. Even the comparatively fresh-faced Taylor Swift, No. 9. Ye comes in second to his big brother, earning $250 million over the course of 2021, thanks mostly to his Yeezy footwear empire. The showrunner is known for his bevy of CW hits like Riverdale, but most of his income comes from a six-year production deal with Netflix for shows like the psychological thriller You. Featuring painted ceilings and marble statues, Iervolinos palace in Rome also sends a clear message to anyone who still hasnt heard of him: the bootstrapping entrepreneur from provincial southern Italy, virtually unknown before the sale of Multiversity, now sees himself as a force to be reckoned with on the national stage. After a $175 million gulf, former Hip Hop Cash King Diddy sits at No. JAY-Z $470 million, Chance The Rapper Says Drug-Fueled Acid Rap Era Living Couldve Killed Him, Jermaine Dupri Clears Up Freaknik Doc Rumors: Im Telling The Story Of Atlanta, Pharrell Praises Chris Brown During Surprise Something In The Water Performance, offloaded a 50 percent stake in his champagne brand Armand de Brignac, earned JAY-Z a cash payment of at least $300 million, pulled in over $2 million in less than a week, first drop from his Yeezy Gap Engineered By Balenciaga collection, J. Cole & Lil Durk Shoot Video For Upcoming Collab: 'I'm Sorry For The Wait', Coi Leray Flames Critics During Festival Set: Every Day Its A Hater On My Dick!, Heavy D Honored With Sculpture By Mount Vernon Mayor: He Was My Party Partner, 50 Cent Reacts To Roy Wood Jrs BMF Shout-Out During White House Correspondents Dinner, N.O.R.E. JAY-Z $470 million Robert F. Smith Net Worth: $6 billion Age: 58 Business: Private equity, finance, investments. Things got bigger and betterGod is great, says DJ Khaled, who ranks No. The creators of South Parkand its offshootsoversee a cottage industry that now nets more than $80 million a year and, in August, they signed a six-year, $900 million deal with Paramount+. Pegaso also beat out its much older rivals on price: the university offers a range of discounts, charging annual tuition of $1,700 for first-time students aged 17 to 20 and $2,200 for students that are members of unions and professional associations. Maybe there was some incomprehension, but everything was worked out.". J ay-Z reigns supreme on Forbes magazine's latest edition of its "Hip-Hop Cash Kings" list, which ranks the estimated earnings of hip-hop's biggest stars over the past year. Estimates are generated with the help of numbers from MRC Data, Pollstar and other databases, as well as by interviewing handlers and some of the artists themselves. ", Soon enough, that began to change. Earlier this week, he announced a partnership with crypto betting platform Stake. Jay-Z and Kanye West were the highest-earning hip-hop acts of 2021, according to a list compiled by former longtime Forbes editor Zack O'Malley Greenberg on Tuesday. But there was a silver lining for Iervolino: with students and professors stuck at home, the entire country was forced to rely on remote learning. Delayed payments for some Social Security beneficiaries to roll out. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. Hip-Hop's Top Earners 2021 1. SBUX But the trade-off is youll have to jump through some hoops for the bank or credit union. You might be using an unsupported or outdated browser. 3 with earnings of $75 million. The star-crossed pair transcends hip-hop. In 2013, Pegaso had more than 30,000 students signed up to its classes. Capital One Savings Account Interest Rates, High-Yield Savings (Minimum $10K Deposit), High-Yield Savings (Minimum $25K Deposit). Send us a tip using our anonymous form. Two winners have topped the list as the Visual Queen and King. It was a slow start: In the 2006-07 academic year, Pegaso only had 65 students, according to data from the Italian Education Ministry. Diddy's millions also come from his Ciroc vodka brand while DJ Khaled, who placed at No. That means teaming up with many of the names on this list, and not just Jay-Z and Kanye. Although Greenburg listed the top 10 highest-paid rhymer, the quantity of his rapper pool is unclear. He is best known as a member of the hip-hop group the Beastie Boys. The Tally Of The Highest-Paid Hip-Hop Acts Of 2021 Is In! The go-to guy at Warner Bros. TV is still collecting tens of millions a year from the syndication of such hits as Two And A Half Men and The Big Bang Theory, but hes not been idle. APY, or annual percentage rate, shows the actual return your account will earn during one year. Published 9:57 AM EDT, Thu March 18, 2021 Link Copied! In fact, it's the wealthiest list yet. 4. That was on the heels of a reported $400 million megadeal in 2020 to sell his publishing catalog to Universal. Stimulus checks sent to 130M Americans so far. In January, a year after he sold his music rights to investment fund Hipgnosis, Young told Spotify to pick between him and Joe Rogan, who allegedly spread Covid misinformation. The top ten acts earned more than $1 billion pretax combined, nearly double their prepandemic annual haul. I'm always on the side of the optimists. Last June, he and BFC Media purchased L'Espresso, Italys leading investigative magazine, for roughly $5 million. Scan the reviews, see what account holders have to say about customer service, check how the financial institution responds to consumer questions, and feel that your money will be protected. JAY-Z, Kanye West and Diddys combined earnings amount to almost $800 million, while the entire top 10 pulled in over $1 billion, nearly double their pre-pandemic takings. The showrunner has four sitcoms currently airing as well as Netflix Brands need culture to survive.. Hip Hop's highest earners of 2021 have been announced, and it appears the global COVID-19 pandemic hasn't done any harm to their pockets. The list, which was compiled by former Forbes editor and Hip-Hop Cash Kings list creator Zack OMalley Greenburg, measures pre-tax income for calendar year 2021 before deducting fees for agents, managers, lawyers, and living expenses. Tech N9ne $25 million. The blockbuster deal lands the 20-time Grammy winner at No. 12 Reese Witherspoon, makes the cut after selling a piece of her production company Hello Sunshine to private equity firm Blackstone Aside from legacy rockers who sold their catalogs last year (and filled up the overall rankings of the highest-paid musicians), Jay-Z and Kanye are the highest-paid musicians of any genre, and theres no rapper within $175 million of either mogul. "Unfortunately my father didn't live to see my university," he says. 10. Jay-Z, Dwayne The Rock Johnson and Kanye West all grabbed spots among the top five with their own 9-figure sums, most of it earned not from rapping, producing or acting, but from selling champagne, tequila and sneakers. Commissions do not affect our editors' opinions or evaluations. Indeed, there are places Hip-Hop could still improve, perhaps most notably when it comes to its persistent gender pay gap. The 50-year-old rapper has also been pumping out albums since 1999 when he dropped his debut, The Calm Before The Storm. Shopping for an account where you can park some cash? Birdman $25 million In the past two years, major streaming services have spent some $3.7 billion to secure the rights to TV hits such as Friends and Law & Order, helping land the creators of both shows on this years entertainers list. Kanye West $250 million Net Worth: USD 884 Million. It makes him the first active NBA player on . Read below to see the full list of hip-hops top earners: *Methodology: The list of Hip-Hops highest-paid acts measures pretax income for calendar year 2021 before deducting fees for agents, managers, lawyers and living expenses. Drake $50 million In a new report from a formereditor for the publication, Jay-Z and Kanye West are claiming the big money throne for 2021. DJ. Amazon CEO Jeff Bezos retains thetop spot on the Forbes list with a net worth of $177 billion, up $64 billion from a year ago as a result of soaring Amazon shares. and he holds $122 million in cash and stock, according to Bloomberg. Those federal agencies provide up to $250,000 in insurance per depositor and per bank for each account ownership category. Forbes reported West's net worth had reached $1.3 billion last . 4. Diddy $75 million 1. And Tech N9ne should be applauding himself. Two years after selling a 50% stake in his company Multiversitywhich he had founded and grown into one of the . But today, the best money market accounts have rates as high as 4.65%. These deals havent been hand-to-hand combat, says Jon Landau, Springsteens manager of nearly half a century. NFLX And even as the fortunes of hip-hops next generation rise amid such deals and the continued streaming boom, its as important as ever to watch that throne. Another major consideration is whether the account has a minimum depositand whether you have enough money to fund the account. Culture shapes the worlds consumer habits. Much of the. Even the embattled Travis Scott made the list despite the deadly crowd surge at his Astroworld festivalhed already stacked up plenty of cash from his Cactus Jack empire and brand partnerships before the tragedy struck. 2. He says he wants to focus on tech, with investments in several startups and venture capital funds. With the advantage of time, he released quite a number of good quality rap records . Dre boasts earnings of $110 million before taxes. Jay-Z banked $37 million, topping the Forbes Hip-Hop Cash Kings list, while Kanye tallied $16 million. Now, theyre among the best equipped to find paths to profit even throughout the disruptions of Covid-19. The sale, estimated at nearly $500 million, included five decades of iconic songs, recordings and songwriting credits from 20 studio albums, multiple box sets and live recordings. Sean Combs ( P. Diddy). at a $900 million valuation in August. BX Hilarious. Savings Calculator: How Much Could You Save? He addressed the challenges of their relationship amid the viral video. 7. The Kiss Me More rapper racked up $25 million from her global presence and partnerships with Pepsi, Taco Bell, and Candy Crush. 1 spot for the second year in a row. He addressed the challenges of their relationship amid the viral video. London music investment fund Hipgnosis snapped up the California rockers catalog including such hit songs as Californication in May. Music libraries arent the only pieces of content selling for far more than a song. An attractive interest rate is important, but its not the only factor when selecting an account to hold your savings. Todays highest interest rate on a standard savings account is 4.64%, according to data from Bankrate.com. Brands realize they can no longer sit on the sidelines and test what might work. He responded to the hip-hop power players headline with the laughing face emoji, insinuating that they got it wrong and his 2021 income exceeded the $50 mill. Then in late March 2022, he bought a 51% stake in BFC Media, a publicly traded media conglomerate that owns the rights to the Italian editions of Forbes and lifestyle magazine Robb Report. The FDIC says the average MMA rate is 0.57%, versus 0.39% for a traditional savings account. Delayed payments:Stimulus checks sent to 130M Americans so far. Diddy netted more massive payments from Diageo for his Ciroc vodka line while Khaled padded his coffers with partnerships involving companies from Pandora to Dolce & Gabbana. The streaming service removed his music. 3. Insta-Subscribe to Forbes India Magazine. Rates on savings accounts are mixed compared to a week ago as the Federal Reserve hikes interest rates. Performance information may have changed since the time of publication. The country star sold his music catalog in 2021 but another big payday was in televisionwhere he gets paid a reported $13 million from his coaching gig on The Voiceand from $14.5 million made in a 15-city tour. Altogether the 25 Highest-Paid Entertainers earned a combined $4.4 billion before taxes and fees in 2021, the vast majority of whom did it without creating anything new. Then growth exploded. As he wrote in the caption, When youre just working with your head down minding your business and you pop up on someones list!, A post shared by Tech N9ne (@therealtechn9ne). Its about tribe, its about power, the 6x-time WWE champion rapped. 4, $50 million) and Wiz Khalifa (No. Diddys lucrative Ciroc vodka empire landed him a spot in the top 3 with $75 million, while streaming king Drake finishes fourth with $50 million. A world crazy for content nabbed South Park creators Matt Stone and Trey Parker a spot on this years list and a $900 million deal with Viacom, who wanted the 25-year-old hit for its streaming service. Hov's massive numbers can partly be attributed to the sale of hisTidal streaming service to Jack Dorsey's Square for over $350 million and selling 50 percent of Armand de Brignac champagne, also referred to as Ace of Spades, to LVMH (Louis Vuitton Mot Hennessy). "I need stimulation, I'm a real startupper, so Im a dreamer who never stops fighting, he says. Hip Hops highest earners of 2021 have been announced, and it appears the global COVID-19 pandemic hasnt done any harm to their pockets. Drake $50 million The strike was called off in February, with the editorial board announcing that fruitful negotiations between management and the magazines union had led to the hiring of several journalists. For banks and credit unions offering the top rates, check out our list of the best high-yield savings accounts. 8. 9. Editorial Note: We earn a commission from partner links on Forbes Advisor. DJ Khaled $35 million 2 globally with a net worth of $151 billion. 10. I aint foolin around Im building assets, the young impresario told Forbes in 1999and he wasnt kidding. So Iervolino swooped in, saving the club in an eleventh-hour deal just before the deadline. The list, which was compiled by former Forbes editor and Hip-Hop Cash Kings list creator Zack OMalley Greenburg, measures pre-tax income for calendar year 2021 before deducting fees for agents, managers, lawyers, and living expenses. His first Yeezys designed for the Gapa hoodie and jacket arrived last year, quickly selling out. The two continued to fuel romance rumors at Saturdays boxing match. The Strange Music boss shared the list to his Instagram account on Tuesday (March 1) and seemed thoroughly impressed with himself. "I feel fortunate," says Iervolino, who recently spent some of his spoils on a home in Rome that's "right next to the Roman Theater of Marcellus, the most beautiful monument in the world. 6. Nas net worth is a subject that all his fans want to know more about. Quavo and Chloe Bailey Fuel Romance Rumors With Lunch Date, Pharrell Brings Out Chris Brown at Something in the Water Festival, Chance the Rapper Responds to His Wife After Carnival Dancing Controversy, Chance the Rapper's Wife Responds to Viral Dancing Video, Nelly and Ashanti Couple Up at Davis-Garcia Fight, Offset Appears to Respond to Quavo Amid Rumored Takeoff Tattoo Diss. Figures represent 2021 pretax earnings, minus fees for representation managers, lawyers, agents and/or business operating costs. On October 28, 2021, Danilo Iervolino signed a document that changed his life.