The Hip-hop industry over the years has produced a number of millionaires, but the current crop have been a cut way above the rest, and Nicki Minaj is considered one of the most influential female artist’s of all time in the Hip-hop industry estimated to have a net worth of $75 million according to Celebrity Net Worth. Nicki Minaj’s net worth could be attributed to her Pink Friday brand and the past role she played as a celebrity judge on American Idol show 2013 season this gig earned her $ 12 million, mix tape sales, ticket sales and live performance fees are mostly the main source of her wealth.
Many rappers being big spenders Forbes came up with an annual list specifically targeting the richest rappers in the game. She also gets product endorsements from companies such as Pepsi, Adidas, Lumia 900, Beats electronics, Onch movement jewellery in addition to income from fusions and cosmetic products under the OPI and MAC brands. She has continued to diversify her empire by unleashing her perfume brand with bottles shaped in her image, a line of discount clothing, and household items. Minaj is not left out in the wine industry and is behind Myx a wine beverage blended with a fruit.
Joining Young Money Entertainment Fueled Her Career
American rapper, Lil Wayne signed Nicki Minaj on his label Young Money Entertainment Record label and management firm after discovering her music on the DVD series known as ‘’The Come Up’’. Her first mixtape ‘’Playtime is Over’’ was released in 2007. The following year 2008 she released her second mixtape ‘Sucka Free’ and took the Female Artist awards at the Underground Music awards the same year. In 2009 saw her making incessant touring and release of two more mixtapes not to mention the ‘’Beam Me up Scotty’’ mixtape, featuring the street single “I get Crazy’’. ‘’Your Love’ and ‘’Check it out ‘’ heralded the release of her official debut album Pink Friday in 2010 under the Young money Entertainment label and this was her turning point when the album sold 4 million copies worldwide earning her an estimated $ 1.89 million.
In 2011 the net worth of Nicki Minaj improved when she became the first and only female rapper to make Forbes "Hip-hop Cash Kings" at number 15 with $6.5 million a net worth as of 2010-2011.
Second album Pink Friday; Roman released on the 2nd of April 2012 which was certified platinum boosted her ranking and net worth to $ 15.5 million from 2011 to 2012. She was also number 10 in the Forbes list of 10 highest paid women in music industry 2013 with a net worth of $29 million. In 2014 Nicki Minaj made $ 14 million. The following year 2015 her earnings doubled due to her tour concerts to a figure of $ 21 million. Minaj has reportedly earned around $ 9million from single sales, $ 66 million from concert tours and a whopping $ 6million from album sales another $ 28 million and $42 million from Youtube promotion and endorsements in the year 2016.
As a celebrity, she has earned collectively $ 145 million in her short career span. In any case revenue earnings have contributed to her net worth and she has equally paid a predictable $ 74 million in the form of taxes to the Internal Revenue Service and $ 14 million on miscellaneous expenses. Deducting those amounts from the singer’s gross income, the net worth is estimated at $ 70million as at 2016 during the BET awards. Onika Minaj‘s net worth 2017 is at least $76 million and according to Forbes ‘’Hip-Hop Cash Kings’’ 2017 Nicki Minaj’s net worth 2017 Forbes ranking is at number 16.
Onika Minaj considered an artist with a brilliant business mind has not been left behind in the acting scene she is also an actress who has appeared in several films between2012 to 2014 she appeared in Ice Age, Continental and The Other Woman in that order. She also had a role to play in the Barbershop. Notwithstanding her versatile career, her success can be directly be accredited to music. To date, her record sales are 20 million singles as a lead artist and 60 million singles as a featured artist worldwide.