Send us a tip using our anonymous form. The current average is 0.49% APY for a high-yield account with a $25,000 minimum deposit. 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. 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. JAY-Z landed atop the 2021 list of hip-hops top earners with $450 million, followed by Kanye West with $250 million. All; Articles; Multimedia; Blogs; See More. Iervolino lost the case and chose not to appeal. Highest-Paid Hip-Hop Acts Of 2021: Exclusive - VIBE.com As Iervolino was increasing his stake in BFC, he also made his most high-profile acquisition yet. 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. Fleetwood Macs renowned guitarist offloaded his publishing catalog to Londons Hipgnosis in January 2021, collecting on a lifetime of hits including Go Your Own Way, The Chain and Tusk., The 1980s heavy metal band, known as much for their hedonism and crazy hair as perhaps their music, sold the rights to songs including Kickstart My Heart, Dr. DJ. Thats now changing, thanks to the Fed. The Bad Boy Records boss continued to rake in a reported eight-figure salary from his deal with Diageos Croc, on top of lucrative partnerships with brands such as Pandora and Dolce & Gabbana. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. The top earning woman in entertainment last year, No. Last year, hip-hops first billionaire sold the majority of TIDAL to Square, Inc. for $302 million, while LVMH Mot Hennessy Louis Vuitton acquired half of his luxury champagne brand Armand de Brignac. Diddy tops this years Cash Kings list, pulling in $50 million over the past 12 months. 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. Jay Z is the second world's richest rapper in 2022, according to the latest publication in the Forbes list. Page not found Instagram FormerForbescontributor and longtimeHip Hop Cash Kingscurator Zack OMalley Greenburg independently unveiled his list of 2021s top-earning rappers on Monday (February 28). These earnings stem. Topping the list is perennial cash king contender JAY-Z, who pulled in a staggering $470 million last year alone, the biggest annual sum of his career. 1. By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy. As for Kanye, his hundreds of millions are largely due to his Yeezy sneaker and clothing brand. Hip Hop Cash Kings Earnings | Forbes India J. Cole $27 million Kanye West tops the list of Forbes richest rappers in the world from 2021 to 2022. Coming in at No. Hov is this years king of hip-hop cash, accumulating a career-best total of $470 million after selling centimillion-dollar chunks of his Tidal streaming service and Armand de Brignac champagne; Jay-Zs net worth has since ballooned to $1.5 billion. The FDIC says the average MMA rate is 0.57%, versus 0.39% for a traditional savings account. Still, his first big purchase came seemingly on a whim: Two months after the sale, he acquired Italian soccer team Salernitana for $11 million. 9. Brand, IPO: CSK And Dhoni: Beyond The Crown - Forbes India 2 with $250 million and Diddy rounded out the Top 3 with $75 million. Please try again later. Forbes Korea reveals results of the Top 'Visual Queen and King' of K The streaming service removed his music. 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. Profits remain strong. How Rockers Bruce Springsteen, Neil Young, Bob Dylan And Paul Simon Made $1 Billion In 2021, Kevin Bright, Marta Kauffman, David Crane. Last June, he and BFC Media purchased L'Espresso, Italys leading investigative magazine, for roughly $5 million. "We always respected each other, and when he [sold Multiversity] he seemed to be the right person to carry the company that I had started forward, says Denis Masetti, the 67-year-old publisher of BFC, who founded the firm in 1995 and still owns a minority stake. Topping the list. Kanye West held the number two spot earning $250 million and Diddy rounded out the top three, earning $75 million. There's positive people, who have passion and fury in their blood, those who make it. I wanted to do something else, so I became an investor.. That was on the heels of a reported $400 million megadeal in 2020 to sell his publishing catalog to Universal. In 2013, Pegaso had more than 30,000 students signed up to its classes. Hip Hops highest earners of 2021 have been announced, and it appears the global COVID-19 pandemic hasnt done any harm to their pockets. Zack OMalley Greenburg pioneered the Forbes List of hip-hops top earners over a decade ago. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. Many idols from top groups like BLACKPINK, TWICE, BTS, Stray Kids, and more were featured in the poll. 7 with $35 million. 8. DJ Khaled $35 million Thursday, April 11, 2019 at 4:39 PM by Jackline Wangare. After their fathers death, Iervolino and his brothers reorganized the familys assets and he bought out their 10% stake in the company. Indeed, there are places Hip-Hop could still improve, perhaps most notably when it comes to its persistent gender pay gap. Hip-hops top 10 earners of 2021 doubled their 2019 haul with more than $1 billion. Things got bigger and betterGod is great, says DJ Khaled, who ranks No. With the stroke of a pen, he gave up the business he had spent 15 years of his life building and found himself flush with cashand effectively without a day job. The Chicago rap icon also saw items from his 10-year partnership with Gap sell out in mere hours while, of course, enjoying commercial success with his gold-certified Donda album. Something went wrong. Drake was one spot below Diddy, whose earnings were $75 million. Tech N9ne $25 million (@dondasplace). By 2019, Iervolinos company Multiversitywhich includes both Pegaso and Mercatorumhad 80,000 students and 70 exam venues scattered throughout Italy. Leaning forward on a white couch in the gold-accented living room of his villa in central Rome, Iervolino, 45, reflected on the sale. One week ago, the best rate also was 4.64%. 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 two continued to fuel romance rumors at Saturdays boxing match. Vibe is a part of Penske Media Corporation. LeBron James. The top 15 acts clocked $358 million in pretax earnings over the past 12 months, $272 million of that coming from the top ten, up a tick from last year's collective $260 million. But out of the 10 artists on the list, one may have come as quite a surprise. Past performance is not indicative of future results. ", Soon enough, that began to change. Doja is unapologetically self-expressed and the world loves her for it, says Adriana Arce, Vice President at artist management firm Rebel. 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. Some sat back and collected checks from surging catalogs, like Super Bowl star Eminem and Cash Money co-founder, Birdman. According to Greenburg, annual income for this years top two is up more than tenfold from ten years ago. JAY-Z topped 2011s list with $37 million, followed by Diddy with $35 million. His latest album, 2021s ASIN9NE, featured contributions from a slew of artists such as King Iso, E-40, Lil Wayne, Russ and Snow Tha Product, among others. Born in 1978 in the town of Palma Campania (population: 16,000) on the foothills of Mount Vesuvius, Iervolino grew up in a family that prized education. 1. The 10 Richest Country Singers in the World and Their Net - LedgerNote 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+. But the 52-year-old brand wants more and is reportedly frustrated by the slow rollout. Robert F. Smith Net Worth: $6 billion Age: 58 Business: Private equity, finance, investments. 10. Find an account thats insured by the FDIC or, in the case of credit unions, the NCUA. Maybe there was some incomprehension, but everything was worked out.". The self-made millionaire and proud Kansas City, Missouri native built Strange Music from the ground up and hasnt stopped grinding since its 2000 inception. Hip-Hop has always defined culture. I love the United States, how America celebrates ingenuity, creativity and success," says Iervolino. Toby Keith, Taylor Swift Top Forbes' List of Highest-Paid Country Artists We the biggest, you know that.. Take them out of the equation and MLB's profits were $702 million on $9.2 billion revenues, a 7.6 percent EBITDA margin, up nicely from 2021. On October 28, 2021, Danilo Iervolino signed a document that changed his life. Here's what the Forbes Cash Kings list creator had to say about Wiz's 2021: "Wiz Khalifa cashed in on the cannabis revolution with products including his Khalifa Kush (and got a big boost. 2023 Forbes Media LLC. What Do You Do When You Suddenly Have $1 Billion? - Forbes Hip-hops first billionaire showed his business chops in 2021 when he cashed out stakes in music streamer Tidal and the Armand de Brignac champagne brand.