How much is Eminem worth?
| Net Worth: | $300 Million |
|---|---|
| Profession: | Professional Rapper |
| Date of Birth: | October 17, 1972 (age 50) |
| Country: | United States of America |
| Height: | 5 ft 8 in (1.73 m) |
About Eminem
Raw, blunt, controversial—Eminem has been stripping cash off other rap artists with his unique lyrics and delivery from day one. He’s shown us that he’s not afraid and has proved it by weathered the storm of multiple media attacks. Not to mention had just about every adjective slung at him in a career that can be traced back four decade. Despite the noise on some media outlets, you can’t hide the fact that he’s talented and has a genius for creating hit songs that sell even when they’re replete with foul language, violence and what many would consider, misogyny.
When he was just fourteen, Eminem started appearing amateur rap battles. He rarely went to school and dropped out at seventeen. Eminem’s uncle Ronnie committed suicide soon afterwards. His mother raised him by herself, and they moved around a lot. They moved between Missouri and Michigan and were often forced to live with family members. Despite fights with his mother and a rocky school life, Eminem continued down his path to become one of the most successful rappers of all time.
Eminem began rapping with one of his high school friends. He took the name “M&M.” This stood for his initials, and eventually evolved into “Eminem,” the name we know him as today. He would sneak into a nearby high school with another friend and fellow rapper for freestyle rap battles in the lunchroom. Eminem would also attend open mic contests at what was considered ground zero for the rap scene in Detroit, the Hip Hop Shop on West 7 Mile.
Eminem’s early rapping career was rocky and littered with hardships and failure. His debut studio album was called Infinite, and was a complete failure. It lacked the dark and violent twist that he would later be known for as he rapped about the difficulties of raising his newborn daughter, Hailie. DJs and radio stations ignored Infinite for the most part and the feedback he received was condescending and unhelpful.
However, things looked up after he developed his sadistic and violent alter ego, which he called “Slim Shady.” Slim Shady, as well as his new dark and rough sound, were both largely present in his new music. He developed a new EP, called The Slim Shady EP, which made it into the hands of the CEO of Interscope Records. The CEO, Jimmy Iovine, played the record for producer Dr. Dre, who was impressed by Eminem’s talent.
Eminem worked with Dr Dre, one of his lifelong idols, to develop a new album, and he released The Slim Shady LP in February of 1999. He rapped about drugs, sexual acts, violence, and mental instability as well as other serious issues such as poverty, familial struggles, and marital difficulties. It turns out, that’s what people must have been looking for. The album launched Eminem into mainstream, success and fame followed and the album was soon after certified triple platinum by the RIAA.
After the release of the album, he established his own record label with his manager Paul Rosenberg. Founded in 1999, his label, called Shady Records, has signed many acts. Eminem even discovered 50 Cent, who is also considered to be one of the most popular rappers of all time. Eminem also pursued an acting career, starring in movies such as 8 Mile, which he recorded songs for the soundtrack of, and making an appearance in the 2014 film The Interview.
Eminem’s aggressive flow and brash, angry style set him apart from many other artists in the music industry. While other rappers rap in a similar style, his political incorrectness and transgressive lyrics also help to set him apart from other artists.
Through his original and distinctive musical style and exceptional skill in rapping and music production, Eminem has become incredibly wealthy and globally known. He is one of the most successful rappers, as well as one of the most commercially successful artists in music history.
Eminem’s Total Net Worth
Eminem’s career has come bouncing back with record earnings of around $40-50 million dollars per year. Having sold over 220 million records worldwide, and with revenue from his 2019 “Rapture Tour” reaching $42.8, he is one of the highest-earning rappers of all time. In total, Eminem has earned estimated total career income of $385 million dollars.
Of that amount, around $30-35 million is expected to have been paid in business related costs. The remainder, $352.5 million, will have been taxed at a rate of around 40% as Eminem has been residing in the state of Michigan. After tax, it is estimated that his career earnings are at around $211.5 million dollars, having paid $141 million dollars in taxes.
Eminem originally married Kim Scott in 1999 and they were divorced two years later, in 2001. They then remarried in 2006 but were divorced that same year. They share two children, Hailie Jade and Alaina Marie Mathers. As part of a settlement agreement, Eminem pays Kim $1,000 per week, or $52,000 per year.
In his personal life, Eminem has likely spent $10-14 million dollars of his career earnings but also probably possesses assets valued at around $3-5 million, not including investment assets. In his investments, he may have earned investment returns of $80-110 million dollars. Therefore, it is estimated that Eminem has a net worth of around $300 million dollars.
Through his music career, which includes rapping and producing, Eminem has gathered one of the highest net worths out of any rapper. He is also the richest white rapper. His style of rapping has made him hugely popular in the music industry, after the The Marshall Mathers LP he quickly became one of the best selling artists of all time.
The rapper has sold over 220 million records worldwide and has been commended for his political incorrectness and the anger and brashness he displays in his lyrics, which are often violent and transgressive. He is credited with breaking the racial barrier of rap and hip-hop music as he excelled in what was an industry largely dominated by African Americans. Through this, he has achieved stellar levels of commercial success across the globe, gathering a tremendous fortune throughout his career.
Summing-Up
Eminem is considered the most successful white rapper in the world. He is also one of the best-selling artists of all time, having sold over 220 million records worldwide. Despite some of Eminem’s violent and controversial lyrics, he was launched into fame by The Slim Shady LP. To this day his intense rapid fire rap style and overall talent in rapping, songwriting, and producing has made him a hugely influential artist within the music industry.
