Eminem is one of the most iconic artists in the hip hop industry with an estimated net worth of $190 million and counting.
Eminem is without a doubt one of the most influential rappers of all time. Time and again, Eminem’s new songs and albums have taken down his mainstream competitors, regardless of the genre. Stadiums get packed when the rapper grabs a mic, and Eminem’s two-decade-long musical journey has inspired millions to hone their talent and chase their dreams.
Eminem is America’s best-selling artist of the 2000s, and Rolling Stone magazine has ranked him in the 83rd spot on their list of the “100 Greatest Artists of All Time.” The magazine even called him the “King of Hip Hop.” Forbes placed Eminem at number 82 on their 2015 “Celebrity 100” list, which profiles the world’s highest-paid stars. The rapper has won a total of 15 Grammy Awards so far, mostly in the category of Best Rap Album. Ironically, Eminem is supposedly the one Detroit offspring that will never go broke.
Signing His First Record Deal
There’s no doubt that young Marshall Bruce Mathers III went through a lot to become Eminem. Mathers spent most of his childhood in a lower middle-class Detroit neighborhood that was mostly occupied by African-American families. He and his mother, Debbie, used to live in trailer house and his father, Bruce, was never around. Eminem got a hold of his verbal talents by hanging around the neighborhood streets where young African-Americans would be rapping and listening to hip hop music.
Eminem was subject to racial bullying as a teenager and had dropped out of school at 17. He began rapping with several underground rap artists, like Proof, with whom he eventually joined with to make their own six-member rap group called D12. After a few mixtapes and some EPs, Eminem signed his first record album deal with Web Entertainment group and released his first studio album, Infinite, in 1996. Eminem often showcased his sadistic alter ego “Slim Shady” in his songs, and usually rapped about what Slim Shady would say in a situation—the character served as an outlet for the rapper’s internal anger. At this point, Eminem reportedly started earning humble amounts through shows and winning rap battles around the neighborhood, launching his net worth, which later soared into the millions!
Album Sales and Concerts
So far, Eminem has sold more than 170 million albums, 10 of which have grabbed the number one spot on the Billboard 200 chart. Eminem went on to become one of the world’s best-selling hip hop artists with album sales of 45.1 million and singles sales of 42 million. Dr. Dre has been a mentor to Eminem and is responsible for getting him signed at Interscope Records, which released his massive hit albums. The Slim Shady LP (1999), his second album after Infinite, got Eminem his first Grammy win for Best Rap Album. Eminem’s other platinum-selling albums include The Marshall Mathers LP (2000), The Eminem Show (2002), Encore (2004), Relapse (2009), Recovery (2010), and The Marshall Mathers LP 2 (2013).
These albums have added a whopping $223 million to Eminem’s net worth; his LPs, especially, have made over $100 million combined. Eminem has earned about $100 million with his The Recovery Tour (2010) and The Rapture Tour (2014). He’s also made money from featuring in tours with fellow musicians, like with Dr. Dre and Snoop Dogg in their Up in Smoke Tour (2000) and with Rihanna in her The Monster Tour (2014).
Movies and Endorsements
Eminem has done tons of hilarious cameos in movies and television series. He’s played himself in couple of scenes in movies like Funny People (2009) and The Interview (2014), and has appeared on TV shows like Entourage and Saturday Night Live.
Eminem produced and acted in his autobiographical movie called 8 Mile (2002) and that earned him his first Oscar for Best Original Song for “Lose Yourself” from the soundtrack to the movie. The 8 Mile movie made more than $200 million, and Eminem got a good chunk of it. Eminem was also a music producer for last year’s boxing drama Southpaw, which starred actor Jake Gyllenhaal in the lead.
Eminem has appeared in the 2011 Super Bowl ad fro PepsiCo’s Lipton Brisk Chrysler. Eminem is believed to have made around $3 million for endorsements, and the rapper has started with his own line of casual shoes.
Eminem Net Worth Breakdown By Year
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Eminem’s Michigan Mansion
In 2003, Eminem bought a sprawling estate of 5.7 acres in Rochester Hills, Michigan. The hillside property consists of a big mansion (over 15,000 square feet) with six bedrooms, nine-and-a-half baths, a tennis court, a lake, a plunge pool, a five-car garage, and a guest house with 21 rooms. The property was bought for $4.75 million and is situated in the wealthiest neighborhood of Detroit. Eminem has been spotted driving around in his black Cadillac Escalade and his Hummer H2.
Reports of a tour with Snoop Dogg, Dr. Dre, Kendrick Lamar, and Eminem are likely to come to reality later this year. The Epic Tour (tentative title) is slated to be Eminem’s third-biggest tour and is likely to add about $60 million to his current net worth. Dr. Dre and Snoop Dogg have both said that they’re hoping the tour works out. Fans of the rapper are anticipating an official tour announcement soon, so if you’re one of them, you’d better buy a ticket as soon as they go on sale—there’s no doubt that they’ll sell out fast!
Feature Photo: Facebook/eminem