How Much is Eminem's Net Worth: Biography, Age, Wife & more – Eminem is an American rapper, songwriter, and record producer. According to Celebrity Net Worth, he has an estimated net worth of US$250 million. A successful career in the music industry accounts for the wealth he has accumulated over time.
Eminem's career spans over three decades, within which he has released 15 albums and sold over 220 million records sold worldwide. He has also signed numerous endorsement deals, made strategic investments and started businesses that altogether pour millions into his account.
Who is Eminem?
Born Marshall Bruce Mathers III in St. Joseph, Missouri on October 17, 1972 to Deborah Rae Nelson and Marshall Bruce Mathers Jr. He is the only child of his parents. He is an American with mixed ancestry.
Eminem has three half-siblings, Michael, Sarah, and Nate. Marshall lived with his mother, Debbie after his father abandoned them when he was barely a year and half old. At age 12, his mother started moving with him to several cities, before they finally settled down in Warren, Michigan, Detroit.
Growing up in a predominantly black neighborhood, he was often the target of African-American bullies. On numerous occasions, he was bullied even at the school he attended. As a child he showed affinity toward telling stories and aspiring to be a comic book artist before hip hop came along.
One of such assault incidents he spoke off years later in his song “Brain Damage,” he was severely injured by a bully who went by the D'Angelo Bailey. His mother filed a lawsuit against the school which was dismissed on ground that the school was immune from lawsuits by Macomb County judge.
Eminem began rapping at age 14 along with Mike Ruby, his high school friend. The duo took up names “Manix” and “M&M” which later metamorphosed into Eminem. He ran from Lincoln High School to Osborn High School where he and Proof, a fellow rapper went to do lunchroom freestyle rap battles.
In a black dominated industry, he found it extremely difficult to breakthrough but was appreciated by underground hip hop audiences for his style which was geared having rhymes for each syllable which at times made little to no sense at all.
Although he struggled to make it early on in his rap career, he has since gone on to become one of the most successful artist in the United States with The Marshall Mathers LP, The Eminem Show, Curtain Call: The Hits, “Lose Yourself”, “Love the Way You Lie” and “Not Afraid” all certified Diamond or higher by the Recording Industry Association of America (RIAA).
Eminem has won numerous awards including 15 Grammy Awards, 8 American Music Awards and a further 17 Billboard Music Awards. He was also named the “Artist of the Decade” for his unbelievable feat from 2000 to 2009. He also has in his trophy cabinet a “Global Icon Award”, Academy Award for Best Original Song , MTV Movie & TV Awards and Choice Movie Award.
How many houses and cars does Eminem have?
Eminem lives in a mansion at Clinton Township, United States. Aside where he lives, he owns another property in Michigan which he has put up for sale.
He owns about 12 luxurious cars in his garage including an Aston Martin V8 Vantage, Ferrari 575M Maranello, Porsche Carrera GT, Lamborghini Aventador and Ferrari 430 Scuderia among several others.
How much does Eminem make per year?
According to reports, Eminem makes an estimated US$20 million annually. It further stipulated that he could make a lot more in years where he travels for promotions of an album.
What investments does Eminem have?
The multi-Grammy Award winning rapper has done a number of investments that guarantee his financial freedom and safety in both the short and long term. He has invested in Genius, a lyric generating website alongside rappers Nas and Pharell Williams.
Also, he has made several investments in NFT world which included purchasing a Bored Ape Yacht Club NFT for 123.45 ETH, which amounts to US$500,000. He does also buys and sells market MakersPlace on NFT.
Eminem has done a bit of real estate investment too, owning properties in an estate in Michigan and a home in Clinton Township.
How many Endorsement deals does Eminem have?
Eminem has signed over 10 endorsement deals in his career so far and made several millions of dollars from such deals. The most notable of them include Beats By Dre, Brisk, Carhartt, Chrysler and Casio.
How many Philanthropy works has Eminem supported?
The renowned American rapper has been doing a lot of charity. He founded the Marshall Mathers Foundation, a non-profit charity organization to help at-risk and disadvantaged youth. The foundation works in conjunction with another charity founded by a Detroit attorney, Norman Yatooma.
In 2020, during the outbreak of the COVID-19 pandemic, Eminem donated a rare pair of Air Jordan 4 Retro Eminem Carhartt shoes, to be raffled off with proceeds donated to the COVID-19 relief. Same year, he donated “mom's spaghetti” to healthcare workers at Henry Ford Health System in Detroit.
How many businesses does Eminem own?
Eminem co-founded Shady Records with Paul Rosenberg in the latter part of 1999. His former D12 members were first signed as well as another rapper Obie Trice were signed to his label. In 2002, Shady Records and Aftermath label signed 50 Cent in a joint venture. Other rappers also joined the label at different times including Stat Quo, DJ Green Lantern, Bobby Creekwater and Cashis.
Eminem and Union Joints opened a spaghetti restaurant, Mom's Spaghetti Restaurant at 2131 Woodward Ave in Detroit on September 29, 2021. The restaurant was previously a pop-up in Detroit in 2017 and at Coachella a year later.
The rapper also founded a channel named Shade 45, which played uncut hip hop songs. He then established a morning show, “Sway in the Morning with Sway Colloway.”