We've seen rappers get the big bag and go broke in a couple of months because they lack some financial skills. Here are 15 smart rappers who never went broke.
15-Doctor Dre
Besides making music, Dr. Dre definitely has been working out at the gym! But what else has Dre been up to ever since making Chronic '01? Dr. Dre still manages artists through his Aftermath entertainment label, where he’s He's notoriously hard to work with because he’s a perfectionist when it comes to music.
That’s 99% the reason why Detox was never released. With notes such as it’s been canceled, it’s been revived, it’s been through so many different rumors. At this point, it doesn’t matter, because it’s just not coming out!
Aside from music, he co-created Beats Headphones in 2008 along with Jimmy Lovine, the co-founder of Apple Records distributed by Interscope. Beat has been so successful that the company was valued at a billion dollars after just 5 years of existence!
Dr. Dre has also dabbled in a few films here and there, such as playing a character named Paul in the movie "Training Day" If you haven’t watched the movie where Denzel won his only Oscar for Best Actor, then you’re You really miss out!
14-Akon
Did you know that Akon helped to produce some tracks on Lil Zane’s 1st album way back in 2000? Yes, that Lil Zane who came out with the hit song “Callin’ Me” and was featured on 112’s hit “Anywhere”.
Aside from making his own hits, Akon famously signed Lady Gaga to his label, Konvict Music for her first album. We also can’t forget that he signed T-Pain as well. What else? In 2018, he launched his own cryptocurrency called AKoin. He plans on using his own crypto to help with his Lighting Africa initiative. That initiative is aimed at improving Africa’s living conditions through the use of renewable energy.
Currently, he’s furthering that initiative by being busy building his own city! It’s a "futuristic" city in Senegal-named after himself, called Akon City. And the city’s official currency? Yep, you guessed it, Akoin!
On September 1st, 2020, Akon laid down the first stone of the $6 billion dollar city. Phase 1 of construction is supposed to be completed in 2023!
13-Paul Wall
Don’t ever forget that Paul Wall was nominated for a Grammy! Well, technically part of a nomination for a Grammy for Grillz, the song that really Put him on. But still, A Grammy!
Back then, Paul Wall was hot in the music game for a minute. He’s actually released a whopping TWELVE solo albums. Guess which year the last one dropped? 2020! He released Subculture, an album that’s sponsored by Red Bull. He recorded the entire project at the Red Bull Music Studios.
Besides continuing to make music after more than 15 years in the business, Paul Wall is He is still making grills along with his partner, Johnny Dang, otherwise known as TV Johnny. They’ve been partners in the jewelry game for over 10 years. It only makes sense after he was featured on “Grillz” with Nelly, right?
Then Paul Wall and TVJohnny went on to keep riding that success in the grill business. In fact, they opened the world’s largest custom grill store together in 2016! In fact, one of their most famous customers is Snoop Dogg
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12-Snoop Dogg
Snoop has continued to cash in on the persona He’s created. All this started with his first album, Doggystyle, back in 1993, and through his collaborations with with Tupac and Dr. Dre in the mid 90s. He’s actually STILL making music today, but do people actually still want to hear it? He’s gotten so many opportunities simply because of how he cultivated his unique style. Reality TV is a consistent platform for him to make money from.
Probably the strangest and the funniest at the same time is the one he has with Martha Stewart! Martha & Snoop's Potluck Dinner Party came out in 2016 and it’s still running. He has appeared in other shows such as Doggy Fizzle Televizzle, a sketch comedy show, and Snoop Dogg's Father Hood.
He’s done 3 different Comedy Central Roasts for Flavor Flav, President Trump, and Justin Bieber. Then there are the countless appearances in commercials and in person. At this point, it’s probably safe to say that Snoop is going to stay famous and relevant. for as long as he’s still alive. And another person that’s managed to stay rich since 1993 is
11-Queen Latifah
15 years ago Queen Latifah won the 1995 Grammy. Award for Best Rap Solo Performance for her song "U.N.I.T.Y." And she's kept the momentum going ever since! She made the successful transition to acting in TV and movies, where she’s done numerous roles. She’s done mostly acting, but she’s also been on the production side too. She’s been a spokesperson for Curvation ladies' underwear, Pizza Hut, and Jenny Craig.
In 2018, she was named the godmother of a Carnival Cruise Lines cruise ship, the Carnival Horizon! Did you know that cruise ships have godmothers? However, not many people know that she’s been quite a successful entrepreneur.
Along with her business partner, Shakim Compere, they created Flavor Unit Entertainment, which It is mainly a production company. In 2013, they signed an exclusive multi-year deal to produce shows for Netflix. Her other ventures include her own line of cosmetics called the CoverGirl Queen Collection. Then there are the perfumes "Queen" and "Queen of Hearts".
Queen Latifah has credited her family for providing early examples of entrepreneurship. Her grandfather owned a hardware store in Newark and her grandmother owned a board houses in New Jersey.
10—Jeezy
Back in the day, Jeezy's THE original snowman really made it big on the scene. In total, Jeezy has released ten studio albums, as well as numerous successful singles.
These days, Jeezy is all about making smart investments. Jeezy made The Snowman his own brand, a movement that’s still going today. From the beginning, Jeezy’s been mixing entrepreneurship with rap music. He was always consistently rapping about making money in whatever way possible. He’s said it was because of his grandma and his upbringing in church.
He wanted everyone around him to do better. From early on, Jeezy has been doing different ventures. He came up with his own clothing line, called USDA. But there was a big problem with the name. The government was already using the letters USDA! The government issued a cease and desist order to stop using the name. He’s also bought ownership in the then-startup Avion Tequila, and then he sold it off for a sizable profit in 2018.
In 2019, he started his own sports agency called Sports 99. Today, Jeezy says he has around 10 streams of income, ranging from tech to real estate. You know who probably has more streams of income.
9-Ice T.
Ice-T is known for his role in his show "Ice." "Coco Loves Coco” and the long-running show "Law and Order SVU." But before all that, he was making his money as a pioneer of hip hop in the early 80s.
But really, before rapping, he was an all-around hustler, something that he’s always been. Ice T created an online music label way back in the Napster era. He’s done voices for multiple video games. He’s produced numerous TV shows and movies. He’s even written three books! “New Jack Hustler” was one of Ice-T’s most popular songs, which was used in the He also starred in a movie called New Jack City, back in 1991.
Ice-T has referred to his music as just another way to get rich. He’s always seen rapping as just another hustle. On VH-1’s Behind the Music, he admitted that he wasn’t one of those guys that’s like, 'Oh, I love the music.’ Nahhhh! He said, “I love money.”
This sounds a lot like our next man
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8-Master P.
Master P is another entrepreneur turned rapper. who can’t be left off this list. He started No Limit Records in the 90s with just ten thousand dollars in cash.
He’s now worth over 200 million dollars today! No Limit had sold over $120 million dollars in six years. in records! Master P himself has come out with 14 studio albums and 40 singles! Besides rapping, he was also well known for the straight to DVD movies he did in the early 2000s.
When he couldn't get the ownership he wanted for his first movie, he decided to bet on himself and invest a million dollars of his personal funds. He wrote, directed, produced, and starred in his own movie! He released it independently, and the movie “I’m About It” sold over 200,000 copies and made approximately ten million dollars!
Master P now has ventures in real estate, fashion, and restaurants, just to name a few. His latest venture is a line of products called Uncle P's Louisiana Seasoned. The brand will sell beans, grits, and rice, and pancake mix, and a portion of the profits will go to will go back to the community!
7-Troy Ave
We’re going to admit here that Troy Ave isn’t exactly a rapper with a household name. However, he’s one of the few rappers who preaches entrepreneurship in his songs and on social media. He’s a rapper who’s been completely in control of the ownership of his music since Day 1. We’re highlighting Troy here for the simple reason that he’s not a superstar rapper. His experience is a much more common experience for the vast majority of rappers.
The vast majority of rappers aren’t superstar rappers, but they still make enough money to get by. But what’s different with Troy versus the usual rapper is what he does with his money.
He’s often talking about reinvesting money to make more money, instead of just blowing it. I blame it all on the usual random flashy clothes and cars. Don’t get it wrong, he does spend a little money. He just admits he likes getting the most value for his dollar, such as buying a used Ferrari. F430.
From his Instagram, it looks like he’s been reinvesting a lot of his money in real estate. For example, in this post he’s talking about how much money he’ll be making from renting out He is renting out a property he purchased. In another one of his recent Instagram posts, he’s offering one of his recently renovated apartments for FREE to someone that’s down on their luck!
6-LL Cool J
J LL is another famous rapper turned actor who's I'm probably more famous for acting now! He’s recorded 13 studio albums, with his last release being titled "Authentic." LL was one of the earliest rappers who found early mainstream success back in the 80s.
He’s successfully made the transition to acting with movie roles in Any Given Sunday, And who can forget his performance in Deep Blue Sea, Today he’s still acting on TV, with his most famous role as Special Agent Sam Hanna from NCIS.
One thing most people don’t know about LL is that he’s also a tech entrepreneur! LL has a company called Boomdizzle that came out with something called MyConnect Studio. This software allows anyone making music to digitally record, edit, and produce music no matter where each person is, in real time.
Think of it as Google Docs, but for music. He debuted it at CES in 2012 and then finalized a partnership agreement with Sony. MyConnect Studio ended up getting preloaded on Sony’s new VAIO laptops that year.
5: Kanye
How many different rappers have created a billion-dollar shoe brand? From manufacturing Jay Z’s classic Blueprint album to making his own Grammy-winning albums, Kanye’s musical career speaks for itself. But it’s his business aspect that’s arguably even a lot of spectacular. Plenty of rappers have tried to return up with their own vesture lines and haven’t had much success.
His movement into the globe of fashion has been nearly easy, it feels. He’s collaborated with A.P.C. and recently came out along with his own Kanye West assortment. Before he created Yeezy Boosts with Adidas, he had constant hoopla along with his Greek deity Yeezys. And we positively can’t forget that he additionally collaborated with Joseph Louis Barrow Vuitton.
Kanye West's Joseph Louis Barrow Vuitton shoes from the past are simply resold within the thousands today!
4-Pharrell
First of all, let’s face it, Pharrell is maybe a ghost since he hasn’t aged at all. Pharrell went from producer to rapper to vesture designer to back to creating a lot of music! And he was truly the rationale why Drake was outed by Pusha T for having a secret baby! He has 2 vesture labels Boys Club and frozen dessert. He’s co-designed a line of jewellery and glasses for Joseph Louis Barrow Vuitton. He’s designed a line of T-shirts for Uniqlo.
He’s additionally a co-owner of borough Machine Works and therefore the textile company Bionic Yarn. And somehow, he still finds time for a few collaborations with Zaha Hadid and Takashi Murakami. Our favorite fun reality regarding Pharrell is that he was the producer behind McDonald’s "I'm a Believer." Lovin’ it "song! Justin Timberlake was paid $6 million to sing it. And the craziest part? Pusha T was the one who wrote the song.
3-Chamillionaire
Chamillionaire isn’t one amongst those rappers who created cash from one Brobdingnagian hit and simply blew the money. Nope, Chamillionaire went from rapping to angel investment in precisely some short years! Some of his undefeated investments include Maker Studios, that was bought by Walter Elias Disney and Cruise, that was bought by General Motors for one billion greenbacks dollars!
He was additionally sensible enough to speculate in Ring, a startup that was bought by Amazon. Chamillionaire was additionally an early capitalist in Lyft. He’s the founding father of Convoz, an app where folks may speak face-to-face with celebrities. He needs Convoz to even be used for one thing as easy as finding a brand new friend with common interests.
2-Ice Cube:
Ice cube first created a reputation for himself. as a rapper at the age of sixteen. But since his days of rapping, he’s branched out into several different things. He’s simply a natural enterpriser. He transitioned from rapping in NWA to acting as his primary gig. He’s had success moreover in writing, directing, and manufacturing. Some of his film roles embrace his picture role as Doughboy in Boyz n the Hood and the righteous Chief Elgin in 3 Kings.
In 2015, he made his own biopic, Straight Outta Arthur Compton. In 2017, he co-founded the large three, a three on three conference that showcases former NBA players. It’s safe to mention now that Ice cube may be an undefeated jack of all trades.
1 -Jay Z What hasn't Jay Z done? That’s the important question. Jay Z in all probability still needs you to recollect that he’s not a rapper, he’s a hustler. He is one amongst the simplest entrepreneurs out there, period. He started the undefeated vesture complete Rocawear back in 1999. Then, in 2000, he started the amusement company mythical monster Nation. It’s current value near to 100 million greenbacks.
Then there is the upmarket sports bar, 40/40 Club, that still operates in a very number of cities. The borough Nets were in hand by a minority cluster. But then he had to sell the shares because he started mythical monster Nation Sports, that represents athletes across a spread of various sports. Then there are the myriad completely different investments. His stake in Uber is valued at about $70 million. His purchase of the champagne company, Armand Diamond State Brignac, aka Ace of Spades, is currently valued more than $300 million.
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