Eminem is without a doubt the most successful hip hop artist of all time. By the way, how much is Eminem’s net worth? If you come to this page to get that information, you are at the right page. Here will talk about that.
Eminem’s Net Worth
Eminem’s net worth is estimated to be approximately $230 million. He is a rapper, producer and actor. Eminem is consistently one of the highest-paid entertainers in this world. In a given year, he makes around $20 million a year. In years where he is touring actively to support an album. Easily, that number can reach almost $30-50 million.
Eminem’s success story is very phenomenal, considering he has become the richest white rapper in the world, and also was responsible for changing the game entirely. As we said before, right now, Eminem’s net worth is $230 million, placing him at fifth of the richest rappers in the world.
In the table below, we share Eminem earnings by year:
As you are able to see, the table above does not include the peak record-selling years of Eminem’s career, 2000 to 2003, because that data was not reported yet. We get information that he sold more than 50 million records during those years and did 88 solo concerts as part of the Anger Management Tour. During those years, he earned at least $100 million personally from record sales, merchandise and touring. When we write this page, that brings his total career earnings to $380 million, conservatively.
Career of Eminem
Eminem was featured in The Source magazine’s unsigned hype column in March 1998. Not long after, Eminem was evicted from his own home and decided to travel to Los Angeles to compete in the Rap Olympics. Eminem placed second, however more importantly, an Interscope Records staff member liked what he heard and passed The Slim Shady EP on to company CEO Jimmy Iovine. Jimmy played the album for Dr. Dre who had launched his own imprint Aftermath Records and was looking for new talent to sign. Later, Dr. Dre would explain his initial reaction to Eminem’s demo.
Eminem was found, and signed a contract quickly with Aftermath Entertainment to re-record and polish The Slim Shady EP with Dre as an Executive Producer. Eventually, the album was an instant commercial and critical success. It was certified 4X Platinum in the United States and made Eminem as a Grammy for the best rap album.
The next albums were absolute monsters. In May 2000, Eminem released The Marshall Mathers LP. It was the fastest-selling hip-hop album in history and finally sold more than 21 million copies. Eminem’s next effort, 2002’s The Eminem Show, sold more than 27 million albums. When we write this article, he has sold more than 170 million albums worldwide. That is enough to make him the 9th best-selling musical artist of all time behind Pink Floyd, Led Zeppelin, Rihanna, Madonna, Michal Jackson, Elton John, Elvis and The Beatles.
Shady Records – 50 Cent
In the year of 1999, Eminem discovered his own imprint under Aftermath Records which he called Shady Records. The first act to sign with the company was D12 which is a group of rappers Eminem knew from Detroit. Later, in 2002, while Eminem was filming the movie “8 Mile” he was introduced to an underground New York rapper called 50 Cent. He had already heard some of 50’s mixtapes and really wanted to sign him to the label. 50 Cent became the first solo artist that signed with Shady Records. Also, in that same year, Shady Records released the soundtrack to 8 Mile that sold more than 11 million copies worldwide.
For your information, 50 Cent’s debut album that was released in February 2003, would go on to sell 14 million albums worldwide. During his career to date, 50 Cent has sold around 30 million albums.
Real Estate of Eminem
In the year of 2000, Eminem spent around $1.483 million for a home in Clinton Township, Michigan. This has been his principal residence throughout the years. Later, Eminem spent $4.8 million on a 15,000 square foot house in Oakland County, Michigan, in 2003. In fact, it was the home of the former CEO of Kmart. He retrofitted the property into a virtual fortress complete with guard booths and electric fences which are manned 24 hours a day by armed security. Aside from that, the entire neighborhood is gated and guarded by security. Interestingly, he barely lived at this house. Eventually, in 2017, he listed that home for sale for $1.99 million, and discovering a buyer for $1.9 million.
Awards and Milestones of Eminem
According to the research, Eminem has won eight American Music Awards, 15 Grammy Awards, seventeen Billboard Awards and an Academy Award (for the best song “Lose Yourself” – from the 8 Mile soundtrack).
Right now, Eminem has a net worth of $230 million. He is one of the best-selling musicians of all time, that having sold more than 170 million records during his career to date. Eminem has made millions off his own music and albums by artists under his label Shady Records. Between the year of 2004 and 2019, which does not include his most successful album-selling days, Eminem could earn at least $280 million, pre-tax. His total career earnings to date likely reach $400 million.
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