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. Jeff Bezos, Mark Zuckerberg, Elon Musk and Bill Gates are all role models. Although Greenburg listed the top 10 highest-paid rhymer, the quantity of his rapper pool is unclear. Dre boasts earnings of $110 million before taxes. at a $900 million valuation in August. The top earning woman in entertainment last year, No. Here are the richest African Americans and where they rank on the list of the world's billionaires. Even so, its been an impressive year for hip-hop. Send us a tip using our anonymous form. 10. 12 Reese Witherspoon, makes the cut after selling a piece of her production company Hello Sunshine to private equity firm Blackstone Fellow billionaire Ye ranks second, pulling in $250 million over the course of 2021, almost entirely from his Yeezy footwear empire. Earlier this week, he announced a partnership with crypto betting platform Stake. The Forbes Advisor editorial team is independent and objective. It was a slow start: In the 2006-07 academic year, Pegaso only had 65 students, according to data from the Italian Education Ministry. 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. The showrunner has four sitcoms currently airing as well as Netflix 3. 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. The trio continues to cash in with a deal on the streamer that locked up the laughs for $425 million. Todays highest interest rate on a standard savings account is 4.64%, according to data from Bankrate.com. ), But it was a tough time for Iervolino, coming soon after his fathers death. NFLX Doja Cat is the only female act in the top 10. 1 spot for the second year in a row. Doja Cat $25 million 5), thanks to his weed empire, including his Khalifa Kush brand, and the sale of his publishing in April. Now Italys newest billionaire is pursuing his passions, tinkering with plans toas he puts it, revolutionizebusinesses across a range of industries. 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. Now, theyre among the best equipped to find paths to profit even throughout the disruptions of Covid-19. Supercharged by the pandemic-driven shift to remote education, it had become one of the largest online universities in Europe, recording $289 million in revenues for the yeara 24% increase from the previous year. "Unfortunately my father didn't live to see my university," he says. Doja Cat $25 million Cash Kings Review: Name - Cash Kings (Early Access) Status - Doubtful Language - English Developer - AntonyC Support - [email protected] 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. The top ten earners of 2021 banked more than $1 billion, nearly double their pre-pandemic 2019 haul. Kanyes 2022 is already off to a lucrative start having pulled in over $2 million in less than a week from sales of his $200 Stem Player, through which he is exclusively rolling out his new album Donda 2. "The media industry is going through a revolution but it doesn't have any revolutionaries, adds Iervolino. 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. ", Soon enough, that began to change. "For his age, determination and abilities, Iervolino is the right man.. In December, Bruce Springsteen sold the masters and publishing rights to all his recorded music and songwritingincluding 11 multi-platinum albums and five gold singlesfor what sources say was almost $500 million. Some sat back and collected checks from surging catalogs, like Super Bowl star Eminem and Cash Money co-founder, Birdman. 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. Money is clearly not a thing for Drake, who recently bet over $1.25 million in Bitcoin on the Super Bowl. He is among the early birds in the rap game. The actress also got a reported $20 million collected from 10 episodes of The Morning Shows second season. 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. Last June, he and BFC Media purchased L'Espresso, Italys leading investigative magazine, for roughly $5 million. Birdman $25 million Others scored big independently. Youll also want to understand the fees. 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. Hip-Hop has always defined culture. 10. Heres a look at some of the best savings rates youll find today. This year is the first time I'm doing the rankings independently. That success brought interest from investors. Drake - $50 million 5. 10. The Bridgerton producer made a bet on herself when she signed with Netflix in 2017 and wowed executives there with one of the streamers most talked about pandemic releases. 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. That deal made Jackson a billionaire. After all, Eminem, Drake, Travis Scott, J. Cole and Wiz Khalifa were also on the roster some of the biggest names in the industry. 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. 2 on the Forbes list of Highest-Paid Entertainers of 2021, behind Lord of the Rings director Peter Jackson, who collected $600 million in cash after selling part of his visual-effects company for $1.6 billion in November. (The name translates to Pegasus University. Forbes latestlist of the world's richest people includes seven titans of finance, media and fashion who make up an even rarer club: African American billionaires. 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. Prominent football clubs' EVs, as listed in the Forbes Most Valuable Sports Teams of 2021, are in the range of 6-7 times their FY21 revenues (Manchester United's EV, for example, is listed as. Brand, IPO: CSK And Dhoni: Beyond The Crown - Forbes India Iervolino felt he had accomplished what he had set out to achieve, building an online learning giant that had changed the education landscape in Italy. The two continued to fuel romance rumors at Saturdays boxing match. Birdman $25 million This year is the first Im doing the rankings independently.. Longtime 'Hip-Hop Cash Kings' list creator, Zack O'Malley Greenburg announces the year's top earners as Jay-Z and Kanye West dwarfed. The average APY for an MMA is now 0.51%, up from 0.49% last week at this time, according to Bankrate. Iervolino attended public schools in his hometown, studying humanities, Latin and Ancient Greek, before leaving to pursue a bachelors in economics at the Parthenope University of Naples, an hours drive away. 2 globally with a net worth of $151 billion. All Rights Reserved. Hip-Hop's Top 20 Earners Diddy tops this year's Cash Kings list, pulling in $50 million over the past 12 months. Hip-hop was forged in a crucible of adversity, part of the reason its flourished amid the recent uncertain times. 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. He stepped down from the board of Multiversity two months later, and by August he had expanded his stake in BFC to 72%, having spent a total of $10 million. Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. JAY-Z landed atop the 2021 list of hip-hops top earners with $450 million, followed by Kanye West with $250 million. He was seen grinding on a woman during Carnival in Jamaica. 17 Houstonians cash in on Forbes' 2021 list of world's billionaires By 2006, he decided to put his ideas into action, joining forces with his brothers to launch an online university called Universit Pegaso, better known as Pegaso. Forbes says he makes a whopping $53 million a year and often even tops titans like Jay-Z ( the richest rapper in the world) and Beyonc. This is one more than at the start of the year. 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. She re-upped with Netflix in July and continues to receive hefty residuals from ABC for Greys Anatomy. With hundreds of millions of dollars of dry powder, Iervolino is still figuring out his next chapter. 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. 6. 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. 2 with $250 million and Diddy rounded out the Top 3 with $75 million. Page not found Instagram 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. Two years after selling a 50% stake in his company Multiversitywhich he had founded and grown into one of the . (@dondasplace). 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. Shocking. Thats when he started developing online masters programs, marking his first foray into the world of online education. On October 28, 2021, Danilo Iervolino signed a document that changed his life. Hip Hop By The Numbers on Twitter 10. 16. Hip-Hop's Top Earners 2021 1. 2. His main residence, a stones throw from the Roman Forum in the heart of the Eternal City, is another new purchase. Here are the richest African Americans and where they rank on the list of the world's billionaires. Diddy tops this years Cash Kings list, pulling in $50 million over the past 12 months. Your financial situation is unique and the products and services we review may not be right for your circumstances. 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. Later, he oversaw insurance and mortgage coverage for Bankrate and was the editor-in-chief of MoneyWise. endorsement deals. All Rights Reserved. Shopping for an account where you can park some cash? BFC hasnt fired any staff at LEspresso and is looking to expand further, while also adding podcasts and improving the magazines online presence, according to Masetti and Iervolino. 7. A new Kardashian in the billionaire's club:Kim Kardashian West is officially a billionaire, according to Forbes. 2. Figures represent 2021 pretax earnings, minus fees for representation managers, lawyers, agents and/or business operating costs. After graduating, he got his first job at the nearby University of Salerno, thanks to a professor who had been impressed by his college thesis on franchising and knew his father. 8. JAY-Z - $470 million 2. And then there are the pessimists, the techno-skeptics, he says. Diddy $75m, Full list: https://t.co/Ls8Re6D509pic.twitter.com/ZhWGR3SjvO, Zack OMalley Greenburg (@zogblog) February 28, 2022. These Are the Highest-Paid Hip-Hop Artists of 2021, Per New Report Garth Brooks has been crowned the king of Forbes ' annual "Country Cash Kings" list, following the icon's first tour in over a decade. After taxes, Iervolino was left with roughly $1 billion, earning him the nickname Mister Billion in the Italian press. Cash Kings App Real or Fake | Complete Review MMAs tend to pay at least slightly higher interest than a standard savings account. The number slowly grew, and by 2010 the school was offering some 200 courses to more than 1,200 students. Fire-spitting emcee Tech N9ne made the cut thanks to a previously unreported digital-only catalog deal that added eight figures to his DIY fortune. Kanye West - $250 million 3. Dr. Dre. 5. According to Vibe, his net worth has skyrocketed to $1.5 billion. Brands realize they can no longer sit on the sidelines and test what might work. 2 on the Forbes list of Highest-Paid Entertainers of 2021, behind Lord of the Rings director Peter Jackson, who collected $600. 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). He addressed the challenges of their relationship amid the viral video. Drake is feeling some type of way about his estimated earnings. 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. 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. 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. He has been covering personal finance for more than 20 years, going back to his days as the Washington, D.C.-based consumer reporter and editor for Associated Press Radio. The highest-paid hip-hop artists of 2021 have been revealed and JAY-Z and Kanye West once again top the list. Wiz Khalifa - $45 million 6. Italy lived through dramatic moments before any other country, Iervolino recalls. Hes the author of four books; the Billionaire Edition of his Jay-Z biography Empire State of Mind came out in 2021. Kanye West $250 million Delayed payments for some Social Security beneficiaries to roll out. As of April 2023, Mike D's net worth is $90 million. 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. In 2020, the one-time radio shock-jock re-upped with SiriusXM on a five-year, $500 million deal. The average APY for high-yield accounts requiring a minimum deposit of $10,000 is now 0.25% APY, down 0.26% from a week ago. Based in the city of Salerno, where Iervolino worked after graduating from college, Salernitana was facing expulsion from the top division, Serie A, unless it could find a new buyer by midnight on December 31, 2021. Super Active 32-Year-Old Dealmaker Is Japan's Newest Billionaire, Meet The Billionaire King Of Rolling Papers, The Cities With The Most Billionaires 2023. Nas net worth according to Forbes. I see a rosy future for young people and especially for Italy., This is a BETA experience. Brands need culture to survive.. 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. 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. All Rights Reserved. The FDIC says the average MMA rate is 0.57%, versus 0.39% for a traditional savings account. 1. Delayed payments for some Social Security beneficiaries to roll out. The two continued to fuel romance rumors at Saturdays boxing match. Even if you assume he paid the capital gains rate of 20% on the bulk of his income after selling centimillion-dollar stakes in Tidal & [Armand de Brignac], hell pay Uncle Sam more than any hip-hop act earned (other than Ye).. Dun-dun! Still, the vast majority of his wealth is liquid: Forbes estimates Iervolino is worth $1 billion, with more than two thirds of it held in cash and stocks. These deals havent been hand-to-hand combat, says Jon Landau, Springsteens manager of nearly half a century. In 2013, Pegaso had more than 30,000 students signed up to its classes. Shawn Carter leads the rap pack with a career-best total of $470 million.

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