Once upon a time personalities like Nicki Minaj were named among aspiring stars in the music industry and after decades of relentless commitment to the music industry, she now heads the list of top female rap-singers of our time. Consequently, people’s interest in Nicki Minaj Net worth is on a steady increase. Nicki Minaj has not only found a place among top music genres including R&B/hip-hop and pop but has equally taken a worthy position among celebrated stars in other departments of the show business and that includes acting and modeling.
Minaj owns her major thanks to her mixtapes such as Beam Me Up Scotty, Playtime Is Over and Sucka Free which helped announce her to the public just when her career was at its prime and needing massive recognition. She never relented in her efforts to produce more mind-blowing songs that will continuously keep her on the trending list for years. When her first Studio album Pink Friday arrived in 2010, it was rated number one on America’s music chart, Billboard 200. Not just that, the album was also RIAA’s certified triple platinum.
Following the success of her first album, she launched her second studio album titled Pink Friday: Roman Reloaded in 2012. Her third album The Pinkprint followed in 2014 and the fourth Queen came in 2016. Now called one of the most celebrated and highly influential female rappers of all time, Nicki Minaj has about 4 studio albums, 3 mixed tapes, and one re-issue. The release of her latest album Queen, as well as her latest role as a cast member in the computer–animated comedy film Angry Birds 2, has helped increased people’s interest in her financial earnings, especially her net worth. Now, let’s find out Nicki Minaj net worth and how she makes and spends her wealth. Read on…
Nicki Minaj Net Worth and How She Makes Her Wealth
First of all, Nicki Minaj has a fast-growing net worth of about $85 million and to answer how she generates her jaw-dropping income, it is obviously from sales of her records. Not forgetting the wealth she generates from tickets sales as well as her stage performances. Her collaborations with top business ventures all over the world have contributed immensely to a steady increase in her wealth. She, however, mentioned tours as her most profitable venture.
We could not but also give credit to Lil Wayne and his record label for contributing to Nicki Minaj net worth. The famous American rapper saw her great potentials and then decided to have her signed to his Young Money Entertainment label in 2009. Today, even though she generates much income from collaborations outside his company, the Young Money Entertainment label will always remain the star rapper’s musical backbone. So far, Nicki has sold over 5 million albums and over 20 million singles worldwide. She even reportedly earned about $50,000 for a verse of Kanye West’s Monster which also featured Jay-Z, Bon Iver, and Rick Ross.
Added to Nicki Minaj net worth is the several awards she has racked up thus far, including the American Music Awards, BET Award, and BET Hip-hop Award, and Billboard Awards. Her decades-long experience as a rapper, singer/songwriter has also earned her a collection of BMI Awards (BMI London, Pop, and Urban Awards). She has equally signed endorsement deals with notable brands like MAC Cosmetics, Pepsi, Adidas, and OPI. Minaj also has a share in Jay-Z’s $600 million Tidal streaming service.
How Does Nicki Minaj Spend Her Money?
The Trinidad and Tobago-born singer and rapper, Onika Tanya Maraj aka Nicki Minaj knows how to spend her money as much as she does earn it. Gracefully, she does not spend her money on so much luxury but as a philanthropist. She has contributed to several charitable causes including donating to help save the lives of Hurricane Sandy victims and lots more. She has also contributed to the lives of her fans on social media by paying the fees and loans of some of her fans on Twitter.
Aside from helping people achieve their dreams through philanthropy, the Trinidadian- American rapper also enjoys her wealth through real estate investment. And as such, she has many properties all over the United States. Notably, she lived with her boyfriend, Meek Mill, in an 11,500 sq. ft. mansion in Beverly Hills where they pay outrageous rent of $30,000 per month. In addition, she also owns an $11.8 million – worth mansion in Malibu. She is also a proud owner of two Lamborghinis worth $200,000 and $393,695, respectively; plus a pink-colored Bentley Continental GT also worth $200,000.