Nicki Minaj Net Worth is Reported $85 Million, Detail About Her Career and Income Source
Nicki Minaj apparently holds a net worth of a staggering $85 million.
Nicki Minaj, real name Onika Tanya Maraj, is a rapper, songwriter, actress, and model-based in the US. Born in Trinidad and Tobago, the songstress actually got into the US as an undocumented immigrant at the age of 5 after her mother. But after all the struggles, she is the face of female rappers in the US.
What is Nicki Minaj Net Worth?
After debuting almost decades ago in the music industry, Nicki Minaj apparently owns a net worth of $85 million. Most of the credit for her staggering accumulation reportedly goes to her chart-topping singles and concert tours.
Nicki was ranked #11 on Forbes’Hip-Hop Cash Kings List in 2014 with an estimated net worth of $14.0 million only that year. By 2016, it increased to a whopping $78.0 million with her numerous endorsements, collaborations, and business ventures.
Nicki Minaj's Rise To Fame
Nicki Minaj came into prominence after signing Lil Wayne's label, Young Money Entertainment, back in 2009. As per some tabloids, the 'Bees in the Trap' singer sold 5 million albums and 20 million singles until September 2018. As a featured artist, she, however, was able to carry home the proceeds from 60 million singles last year.
In 2012, 'Pink Friday: Roman Reloaded,' Minaj's sophomore album, released in April, was certified platinum. Her third album, 'The Pinkprint', also sold more than 650,000 copies worldwide. In addition to that, Pink Friday turned into its own fragrance brand from Nicki Minaj, which was her first step in her fragrance industry.
Pink Friday went platinum and got its own fragrance.
Though Nicki's fourth studio album 'Queen' didn't perform as per her expectations, and her album sales were declining over the last few years, her albums continue to yield profit.
While featuring in Kanye West's song 'Monster,' where Minaj and other artists are featured, she reportedly made $50,000 just for "one verse" on a song, though the factual accuracy of this cannot be confirmed. The rapper also features on multiple Billboard-topping tracks, including Justin Bieber'sBeauty and a Beat' and Jessie J & Ariana Grande'sBang Bang.'
Apart From Album Sales
Nicki's, who is currently dating her beau Kenneth Petty, earning isn't only limited to album sales as she earns a great deal of money from her appearance in parties, shows, and concerts too.
In August 2018, Minaj started her won Beats 1 show 'Queen Radio.' It was started to promote her 'Queen' album. Despite the album falling back, the Apple Radio show stayed, with the studio only releasing one episode every month. The 15th episode was released on August 12, 2019. Even if she may not get much, it must add to her ever-increasing wealth.
Tours, Event And Party Appearances
Source: Nicki Minaj, Fandom
According to TMZ, she made $50,000 just for showing up at the 14th birthday of Floyd Mayweather's daughter in 2014. In the Pinkprint Tour of 2015, she made around $13 million and topped the list of the highest-grossing tours.
Source: The Jasmine Brand
Newsweek also reported Nicki made between $300,000 and $500,000 for performing at a Bar Mitzvah in 2015. According to Reuters, Minaj was reportedly paid $12 million for her time as a judge on the singing competition show 'American Idol.' But in 2013, the rapper revealed she was leaving the show for some unknown reasons.
The Screen World
The 'Barbie' is not unknown in the acting business, as she was a part of numerous blockbuster moves after her fame began soaring.
In 2016, she starred in 'Barbershop: The Next Cut,' which grossed about $55 million worldwide, though Minaj's amount for her role in the movies is still uncertain. In 2014, she took a role in 'The Other Woman' alongside Kate Upton, Cameron Diaz, and Leslie Mann. The movie grossed about $196 million worldwide.
Source: Chuck Zlotnick
The singer also possesses voice-over credits in several animated movies. Most notable works include parts on 'Ice Age: Continental Drift' and 'Spider-Man: Into the Spider-Verse.'
Deals, Endorsements, And Investments
Not all of her wealth comes solely from billboard topping tracks and concert tours. Investment and brand endorsements also equally contribute to her outstanding sum of figures. Minaj owns a 3% stake in Jay-Z's music streaming service 'Tidal,' which is reportedly worth $600 million.
In addition to that, Minaj also owns her own line of nine different perfumes. She is in the fashion business since September 2012, releasing fragrances for 'Give Back Brands' and Elizabeth Arden. The six of her releases are standard ones, while the other three were limited edition or 'flanker' releases.
- Pink Friday (September 2012)
- Pink Friday Special Edition (April 2013)
- Minajesty (September 2013)
- Pink Friday Deluxe Edition (November 2013)
- Minajesty Exotic (July 2014)
- Onika (September 2014)
- The Pinkprint (September 2015)
- Trini Girl (October 2016)
- Queen (February 2019)
With the perfumes, four limited 'Couture by Minaj' outfits were released, and 100 of them were made for the first 100 people to buy the 100mL bottle. The outfits were named different for different fragrances of Pink Friday with varying release dates.
Source: Nicki Minaj, Fandom
The 'Barbie Dreams' star also scored a high-profile deal with Adidas, Pepsi in 2012. The same year Minaj was the face ofMAC's Viva Glam campaign twice, and she's done multiple collaborations with the makeup brand since. She raised $270 million for the Mac Aids Fund in the first Viva Glam campaign. According to Racked, Minaj's branded lipstick was the brand's highest-selling Viva Glam lipstick of all time.
That year, she teamed up with Beats by Dre' too and released a nail polish collection with OPI. It consists of 6 nail polishes named after her songs and album — Pink Friday, Super Bass, Saves Me, Fly, Did It On'em, and Metallic 4 Life.
The Casio TRYX and the Nokia Lumia 900 were launched in Times Square with her aid. A custom-made, Minaj-themed Barbie doll was created by Mattel in 2011 to auction for $15,000 on Charitybuzz. She partnered with Beats Electronics in 2013 to launch her own brand of speakers called Pink Pill. She is a part-owner of Myx Fusions, a wine beverage for which she did an advertisement. The face of Roberto Cavalli’s 2015 spring/summer campaign was Minaj.
The star even launched her own mobile game called 'Nicki Minaj: The Empire' to simulate a singer's career into the business.
Minaj was represented by the Blueprint Group and Maverick Management but recently parted ways with longtime managers Cortez Bryant and Gee Roberson in April 2019.
Properties - Cars, House
With lavish earnings comes a lavish lifestyle for the 36-year-old. Her favorite color is pink (sure, Captain Obvious), and she loves everything pink. It includes all her cars. She uses three specific brands: Range Rover, Bentley, and Lamborghini. The majority of them are pink. She also owns other brands as well, like the Bugatti and Cadillac, while also was seen inside various others.
She spiced the $200,000 Bentley Continental GT to be pink and drives around in a pink Lamborghini Aventador priced at $393,695. The Lamborghini Gallardo was red but later painted dark pink and is worth $200,000. The Range Rover is frequently seen at her home, although the color toggles between pink, white, and black. But she loves it, and there's even a song about it. A Bugatti also exists in the garage, and guess what color it is. Yes, pink.
Watch: Nicki Minaj Shows Off Her $400,000 Lamborghini Aventador.
Source: Nicki Minaj, Instagram
That's not all. She is often seen coming in and out of several Mercedes cars while she has a cute little pink Cadillac. It can hardly be considered a ride since it's a big toy car for kids.
Source: Nicki Minaj, Instagram
Source: Nicki Minaj Instagram
Riding high and living high. While dating Meek Mill around 2015, they lived in an $11.8 million/11,500 sq. ft. mansion in Beverly Hills with everything in it. When they broke up, it was all hers. The roof is also pink-ish.
Source: F. Ron Smith, Partners Trust
Mill got into some legal issues and could not afford to buy up the place in LA. Minaj instead rented the house to none other than Mariah Carey in February 2018, after spending $30,000/month for a couple of years. Now she moved out and currently still lives in California with her beau Petty, but the exact location is a secret.
The star does spend a lot on her clothes and jewelry, but she does not just spend for herself. In early 2018, she announced via Twitter that she would start a scholarship giveaway called 'Student of the Game' and also provided the scholarships to those in need in 2017. Fans reach out to her, and she never hesitates to aid them.
The colleagues in the music business receive love from her. Cardi B received a $5000 gift basket purchased from the West Hollywood baby boutique, Petit Trésor.
Apart from earning millions, the singer received several awards for her songs. She won Best Female Hip-Hop Artist at the BET Awards twice alongside several MTV Video Music Awards. In 2013, she received a People’s Choice Award as the Favorite Hip-Hop Artist. The singer also made it to Forbes Hip-Hop Cash Kings list in 2011, 2013, 2014, 2015, and 2016.