The future of music

30 Richest Rappers in the World (Updated 2023)

December 21, 2023
richest rappers

I’ve compiled an updated list for 2023 of the richest rappers in the world, showcasing the artists who have turned their musical talent into substantial wealth.

This article provides a glimpse into the financial successes of the biggest names in rap, revealing how they’ve conquered the industry not just artistically, but economically too.

Top richest rappers in the world

  • Jay-Z (Net Worth $1.6 Billion)
  • Sean Combs aka Puff Daddy (Net Worth $1 Billion)
  • Dr. Dre (Net Worth $550 Million)
  • Kanye West (Net Worth $400 Million)
  • Eminem (Net Worth $250 Million)
  • Drake (Net Worth $260 Million)
  • Pharell Williams (Net Worth $250 Million)
  • Master P (Net Worth $210 Million)
  • Lil Wayne (Net Worth $170 Million)
  • Ice Cube (Net Worth $160 Million)

1. Jay-Z (Net Worth $1.6 Billion)

Shawn Corey Carter.

We’ve run out of words to describe this guy. 

The Brooklyn­-born rapper has had major successes in music and business ever since he became the face of 2000s hip hop alongside Eminem, Kanye West, and the rest.

Most of Jay-Z’s fortune comes from his investments, including nightclubs, clothing lines, and record companies.

He made history as the first billionaire rapper, topping the list of the richest American rappers for the longest time. 

His current net worth is estimated at $1.6 Billion. 

2. Sean Combs aka Puff Daddy (Net Worth $1 Billion)

With all his contributions to the entertainment industry, Sean Combs shouldn’t be a surprising name on this list.

He’s a rapper, producer, actor, and songwriter.

And on top of that, Sean is a successful entrepreneur, with the Fortune magazine listing him among the Top 40 Entrepreneurs under 40 in 2002, comfortably at #12.

P. Diddy’s accumulated wealth comes from his music career and businesses, boasting 3 Grammy Awards and 2 MTV Music Video Awards. 

3. Dr. Dre (Net Worth $550 Million)

Looks like Dr. Dre somehow finds a way into every list.

He’s among the most successful rappers, the best-selling American rappers of all time, and now one of the richest rappers in the world.

Dre, originally named Ander Romelle Young, from Compton, California, is a musical icon, rapper, record producer, and entrepreneur. 

He’s considered a gangsta rap pioneer, alongside Tupac Shakur, Snoop Dogg, and Notorious B.I.G.

Dre identified Eminem’s talent at the beginning of his career and has established himself as one of the most successful rappers ever. 

Commercially, Dr. Dre is one of the wealthiest rappers, with an estimated net worth of $550 million. 

4. Kanye West (Net Worth $400 Million)

That was bound to happen, Kanye. 

Kanye West would have been comfortably seated at the top of this list with a cool $1.8 billion net worth.

But he fumbled it all with his recent woes, with Adidas pulling out of its deal with the Georgia-born rapper.

That decision was costly, plummeting ‘Ye’s net worth from $1.8 billion to $400 million.

Of course, this is still a good figure, putting him in the top 5 of the richest rappers. 

But what if he never made those controversial comments in the first place?

5. Eminem (Net Worth $250 Million)

Love him or hate him, it’s impossible to ignore Eminem’s contribution to the entertainment industry.

His influence on upcoming artists has grown since debuting as a controversial yet distinguished Detroit rapper.

Eminem paved the way for many white rappers and has earned many accolades over an accomplished music career.

He’s sold over 100 million album units worldwide, becoming one of the best-selling rappers of all time. 

With an estimated net worth of $250 million, he’s also one of the richest rappers in 2023. 

6. Drake (Net Worth $260 Million)

Considering his influence on the contemporary hip-hop music scene, we all expected Drake to be in the top 10 at the very least.

He’s one of the pioneers of modern rap, with tracks from the mid-2000s to 2010s and as recent as 2023. 

A multiple Grammy Award winner, Drake holds the record for the most top 5 Billboard Hot 100 hits, the most top 10 hits, and the most top 20 hits. 

His recent hits “Toosie Slide,” “Life Is Good,” and “Rich Flex” show why he could rule the charts for years.

Unsurprisingly, his successes have also earned him a place on the list of the richest rappers in the world. 

7. Pharell Williams (Net Worth $250 Million)

Pharell Williams is another popular figure in the rap industry, considered one of the most prominent acts of the 20th century. 

He’s a rapper, producer, and entrepreneur with multiple accolades, including 13 Grammy Awards and 2 Academy Awards nominations. 

8. Master P (Net Worth $210 Million)

Master P is the CEO of P. Miller Enterprises and Better Black Television, an accomplished rapper, actor, and record executive with a matchless contribution to the rap industry. 

He founded the No Limit Records record label (which has since changed to No Limit Forever Records) in the early ’90s, becoming one of the decade’s most prominent figures. 

His debut solo album, Ice Cream Man, was a commercial success, laying the foundation for his follow-up projects in the rap industry.

9. Lil Wayne (Net Worth $170 Million)

Dwayne Michael Carter Jr. is the man that made some of us fall in love with hip-hop music.

And seeing his successes over the years puts a smile on many people’s faces.

His one of the most influential rappers of his generation, with hit songs from the 2000s to 2010s and 2020s. 

His Tha Block is Hot debut album gave him the much-needed breakthrough, pushing him to prominence in a fiercely competitive 2000s rap scene. 

As one of the greatest rappers alive, Dwayne has won 5 Grammy Awards, 2 MTV Video Music Awards, 11 BET Awards, 4 Billboard Music Awards, and 8 NAACP Image Awards.

With an estimated net worth of $150 million, it’s no surprise he’s on the list of the richest rappers in the world.

10. Ice Cube (Net Worth $160 Million)

O’Shea Jackson Sr., better known as Ice Cube, boasts an estimated net worth of about $160 million. 

He started his career with the 90s N.A.W. rap group, infamously known for their dislike for law enforcers and hard-hitting lyrics. 

He’s the hardcore rapper who’s never shown any signs of slowing down, featuring in many films throughout his career and becoming one of the best-paid artists in the world.

After quitting N.A.W., Jackson launched a successful solo career, becoming a Hall of Fame inductee in 2016. 

11. Snoop Dogg (Net Worth $150 Million)

Snoop Dogg began his career in 1992 through Dr. Dre and has become one of the most influential figures in hip-hop music history.

Snoopy has sold over 23 million album units in the US, with another 25 million worldwide, ranking among the best-selling rappers of all time. 

He’s also one of the richest rappers in the world, with an estimated net worth of $150 million. 

12. Swizz Beatz (Net Worth $150 Million)

Swizz Beatz is an American rapper, DJ, songwriter, and record producer from New York City.

He gained fame at only 18, thanks to his works with Ruff Ryders record label and close association with the iconic rapper DMX.

Swizz has produced multiple hits for many artists across several genres, including R&B, hip-hop, rock, soul, and pop.

Apart from his music career, Swizz is a fashion designer and a partner of the famous clothing company Kidrobot, a brand promoter, and an art collector.

His current estimated net worth is $150 million, putting him in the top 20 of the richest rappers in the world. 

13. Birdman (Net Worth $150 Million)

It’s impossible to ignore the “Still Fly” singer when talking about the richest rappers in the world.

Born Bryan Christopher Williams, Birdman has become one of the most controversial figures in the entertainment industry ever since he cofounded Cash Money Records in 1991.

But there are only good things to admire about Birdman’s career, having dominated the hip-hop industry for 20 years.

Throughout this period, the New Orleans-born rapper and business mogul has shaped the careers of many artists, from Nicki Minaj to Young Thug, Lil Wayne, and Drake.

Throughout the same period, he’s grown commercially, becoming one of the wealthiest rappers in the world right now. 

14. Nicki Minaj (Net Worth $150 Million)

Nicki Minaj has dominated the hip-hop music charts for almost two decades, ranking highly among the best black female rappers

It’s hard to ignore her contributions to the music scene, from multiple chart-topping singles to her enviable accolades and influence on upcoming female rappers.

Nicki had the female rappers in the game getting respected again, inspiring just about everyone, from Megan Thee Stallion to Billie Eilish, Tinashe, and Rico Nasty X. 

We all love her intense rap style.

But that’s not the only thing to admire about the highly decorated Trinidad-born American rapper. 

Her uniquely animated yet versatile style stands out all the time.

And with era-defining hit songs from the 2000s to 2010s and beyond, it shouldn’t be surprising that Nicki has made it to the list of the richest rappers in the world. 

15. LL Cool J (Net Worth $120 Million)

LL Cool J is a familiar name in the rap game, having risen to fame as a beloved rapper, songwriter, author, actor, and entrepreneur from Bay Shore, New York City.

The rapper’s breakthrough came in 1984 with his hit single, “I Need a Beat,” following it up with a successful debut album, Radio (1985).

He cemented his name in the rap game with a series of critically acclaimed albums, such as Bigger and Deffer (1987), Walking with a Panther (1989), Mama Said Knock You Out (1990), and Mr. Smith (1995).

LL Cool J has had a successful acting career, featuring in several films such as Deep Blue Sea, Mindhunters, Any Given Sunday, and Halloween H20, among the rest. 

16. Pitbull (Net Worth $100 Million)

Pitbull surely deserves a place on this list for all his contribution to the music industry for over 18 years.

Born on January 15, 1981, in Miami, Florida, the American rapper and entrepreneur started his career in the early 2000s. 

He released his first studio album, M.I.A.M.I., in 2004, before following it up with El Mariel (2006) and The Boatlift (2007).

His “I Know You Want Me (Calle Ocho)” breakthrough single peaked at #2 on the US Billboard Hot 100 chart.

According to the latest figures, Pitbull is worth about $100 million, among the richest rappers in the world. 

17. Adam Horovitz (Net Worth $100 Million)

Adam Horovitz, better known as Ad-Rock, is a jack of all trades, excelling as a rapper, producer, actor, guitarist, and musician. 

He was part of the legendary Beastie Boys of the 70s and 80s, completing several projects with the group as a producer, guest musician, and remixer.

Adam was born in Manhattan, New York, to a Jewish father and an Irish mother and was instrumental in changing the Beastie Boys’ style from hardcore punk to hip hop. 

18. Michael Diamond (Net Worth $100 Million)

Michael Diamond, or Mike D, is another rapper who rose to fame through the Beastie Boys. 

He started his career as a vocalist and drummer with the group but always showed a passion for interior design. 

Michael’s multitalented nature helped him build an illustrious career to become one of the richest rappers in the world. 

19. Timbaland (Net Worth $85 Million)

The American record producer, rapper, and songwriter Timbaland knew exactly what he wanted when he launched his music career in 1986.

And today, he still receives wild praises for his innovative production and unique rhythmic style. 

He’s been an important figure in the music production industry and one of the most successful rappers during the same period. 

20. Cardi B (Net Worth $80 Million)

Cardi B is the unapologetically badass female rapper from New York City whose meteoric rise to fame has been inspiring. 

From humble beginnings as a Love & Hip Hop actor to becoming one of the best female rappers in the world, Cardi has been a big influence on many upcoming female rappers.

Her explosive tracks have set the standards for fearless rapping, excelling with hits such as “WAP,” “Press,” and “Up.”

She’s among the richest rappers in the world, with an estimated net worth of $80 million. 

21. Kendrick Lamar (Net Worth $75 Million)

Why do people love Kendrick Lamar?

Simple; he is so good at what he does.

Kendrick Lamar Duckworth is one of the best rappers in the modern hip-hop scene.

His excellent storytelling, lyricism, and versatility always grabbed everyone’s attention. 

There’s something in the way Lamar crafts his songs that makes them a must-listen. 

And his albums are just as good, always tackling everything from mental health and depression to money, women, and violence. 

That’s how he’s found himself on the list of the best-selling rappers of all time and among the richest rappers today, with an estimated net worth of $75 million. 

22. will.i.am (Net Worth $70 Million)

Will.i.am, the rapper, became famous with his Black Eyed Peas rap group of the mid-1990s, formed alongside Taboo and apl.de.ap.

The rapper has released four albums, including Lost Change (2001), Must B 21 (2003), Songs About Girls (2007), and #willpower (2013).

As a professional music producer, will.i.am had the privilege to work for Michael Jackson, Nicki Minaj, Lady Gaga, Justin Timberlake, Usher, Kesha, and Justin Bieber, among other big-name stars.

His accolades include 7 Grammy Awards, a Latin Grammy Award, and Daytime Emmy Award. 

23. Wiz Khalifa (Net Worth $70 Million)

Wiz Khalifa is a vibrant North Dakota rapper who is always evolving.

He’s talented, creative, and extraordinary.

And music fans love him even when he’s releasing his classic smoking anthems.

Wiz is one of the hardest rappers to hate, a certified crowd ruler who knows how to get the party started. 

And he surely deserves a place in the category of rappers who are constantly changing the game. 

Unsurprisingly, Wiz is among the world’s richest rappers, with an estimated net worth of $70 million. 

24. Nas (Net Worth $70 Million)

Let’s pay tribute to rapper Nasir bin Olu Dara Jones by listening to one of his best songs.

In that case, we’d suggest one of “I Can,” “If I Ruled the World (Imagine That),” or “Nas Is Like.”

Young hip-hop lovers may not know how good this story-telling genius from the ’90s was. 

But for rap lovers with a bit of history in the game, Nas is an obvious name, prominently featuring in the list of the greatest rappers of all time. 

He only released a few albums, but the numbers put him among the richest rappers, with an estimated net worth of $70 million. 

25. Ice T (Net Worth $65 Million)

Tracy Lauren Marrow, also known as Ice-T, comes to mind when remembering those underrated 80s rap legends who pursued music to escape a criminal lifestyle. 

And he surely did, starting his career as a DJ at the local parties before turning into a successful rapper after glowing praises and appreciation from the locals. 

An unceremonious breakup with his girlfriend Caitlin Boyd almost ruined his life, returning to his gangster life that got some of his friends in jail.

26. Akon (Net Worth $60 Million)

2000s music lovers probably remember Akon with the world-famous “Lonely” song that caught everyone’s attention.

The song topped the charts in many countries while peaking at #4 on the US Billboard Hot 100 chart.

This was after Akon had already become famous with his 2004 “Locked Up” single for his debut album. 

The Senegalese-American rapper, entrepreneur, and record producer is one of the most successful figures from the 2000s, with an estimated net worth of $60 million. 

27. Rev Run (Net Worth $60 Million)

Rev Run, also known as DJ Run, was among the founding members of the influential American hip-hop group Run-DMC.

Born in Queens, New York, Run acquired the ‘Reverend’ name after getting ordained as a Pentecostal minister.

Besides his music and deejaying careers, Rev Run has found fame with his 2005 MTV Reality show, Run’s House.

In 2017, Simmons became a vegetarian “because God advised him to.”

28. Chamillionaire (Net Worth $50 Millionaire)

Chamillionaire, originally named Hakeem Temidayo Seriki, founded the 2001 hip-hop group The Color Changin’ Click alongside Paul Wall.

As a solo artist, he released The Sound of Revenge album in 2005, with hit singles “Lil’ Flip” and “Turn It Up.”

He’s also remembered for his Mixtape Messiah series of 2004-2009. 

The rapper heads Chamillitary Entertainment, a personal hip-hop record label and entertainment company founded in 2004.

In recent years, Chamillionaire has prioritized his investment career, launching the Convoz social media app in 2018 to boost his net worth, which currently stands at approximately $50 million. 

29. Busta Rhymes (Net Worth $20 Million)

Busta Rhymes has been labeled one of the best 90s rappers.

And anyone who listened to the ’90s hip hop would find it difficult to disagree.

Born Trevor George Smith Jr., the rapper rose to prominence with the Leaders of The New School, a New York-based hip-hop group of the 80s and 90s.

Busta has 12 Grammy Award nominations but is yet to win one, making him one of the few artists to hold the unfortunate record.

A smart investor, Busta founded his Conglomerate record label in 1994, further increasing his popularity and net worth.

Today, he’s among the richest rappers in the world, with an estimated net worth of $20 million. 

30. T.I. (Net Worth $20 Million)

Completing our list is Clifford Joseph Hariss Jr., a decorated American rapper, record producer, and actor and an influential figure in the trap music subgenre.

The Georgia-born artist has been one of the best-selling rappers of all time since debuting with his I’m Serious solo album in 2001.

Harris has won 3 Grammy Awards, released multiple successful singles, and placed seven albums on the Billboard 200.

Despite his glittering career, the rapper has also spent time behind bars twice, releasing his 7th studio album, No Mercy (2010), in prison.

He is an accomplished entrepreneur, enjoying much success with his Grand Hustle Records label, which he founded alongside Jason Geter in 2003. 

Richest Rappers in the World – Final Thoughts

So, that’s it. 

At this point, it isn’t even surprising that rappers Jay-Z, Lil Wayne, and Eminem have maintained their names on the list of the richest rappers in the world. 

Seeing Kanye West in the top 5 is a little surprising, to be honest, considering his recent woes. 

We can’t hide our joy for Nicki Minaj, whose smart money moves continue to pay off. 

Don’t be disappointed if your favorite rapper isn’t on the list.

The numbers are always changing. 

And I promise we will update this list in the next 2, 3, or 6 months. 

Or maybe tomorrow. 

You may also like: Best Rappers of All Time

Will Fenton

Will, the founder of MIDDER, is a multifaceted individual with a deep passion for music and personal finance. As a self-proclaimed music and personal finance geek, he has a keen eye for futuristic technologies, especially those that empower creators and the public.

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