Eminem Net Worth: One Of The Richest Rapper In The World Hitting $230 Million
What is the net worth of Eminem?
Rapper, actor, producer, and multi-platinum seller Eminem is from the United States. Eminem has a $250 million net worth as of this writing. He consistently ranks among the world’s highest-paid entertainers. He earns about $20 million annually in a given year. That amount can easily get close to $30-50 million in years where he is actively travelling in promotion of an album.
Early Years
On October 17, 1972, Marshall Mathers was born in St. Joseph, Missouri. His father Bruce left them and moved to California to start a new family. Due to his difficult upbringing, Eminem suffered from bullying and beatings frequently.
He experienced racist beatings at the time his family was living in Detroit because their house was located in a predominantly black area.
Before discovering hip-hop, he was a huge fan of comic books and storytelling. When he was 17, he dropped out of Lincoln High School and worked various jobs to help pay the bills.
His mother would frequently kick him out of the house and ignore him. He would turn on his stereo and start writing songs whenever she went to play Bingo.
When he was 14, he began competing in rap battles with his friend Mike Ruby. As his fame grew, he was approached by several rap groups, including New Jacks, Soul Intent, and D12.
His first solo album, ‘Infinite,’ was released in 1996 and was a commercial failure, owing primarily to Eminem’s style and the reactions people had to it at the time. He was told that his style was not suitable for hip hop, which only encouraged him to write more rhymes.
Dr. Dre, the founder of Aftermath Entertainment, noticed him in 1997 and hired him. The Slim Shady LP was released two years later and went Platinum.
He has since released several albums and sold over 40 million copies in the United States alone. He’s worked with a diverse range of artists and even starred in a film based on his life story.
He is now regarded as one of the best, if not the best, rappers of all time. He’s collaborated with nearly every musician you can think of, including Ed Sheeran, 50 Cent, Lil Wayne, Rihanna, Drake, and others.
Achievements and Milestones
He has won 15 Grammy Awards, eight American Music Awards, seventeen Billboard Awards, and an Academy Award as of this writing (for best song “Lose Yourself” – from the 8 Mile soundtrack).
Private Life
Eminem has become something of a reclusive celebrity in recent years. He has publicly struggled with drugs and is now clean. Much of his personal life was constantly displayed in courtrooms throughout the late 1990s and early 2000s. He has been at odds with both his mother and his ex-wife Kim. Kim and Eminem have a daughter named Hailie. Eminem also has custody of Whitney, Kim’s daughter from a previous relationship, and his niece Alaina.
Property Management
Eminem paid $1.483 million for an 8,900-square-foot home in Clinton Township, Michigan, in 2000. This has been his primary residence for many years.
He spent $4.8 million in 2003 on a 15,000-square-foot house in Oakland County, Michigan. It was the former Kmart CEO’s residence. Visitors should be aware that Eminem has converted the property into a virtual fortress, complete with electric fences and guard booths manned by armed security 24 hours a day. In addition, the entire neighborhood is gated and guarded by extra security. Surprisingly, Eminem barely lived in this home. He listed it for sale in 2017 for $1.99 million, and it eventually sold for $1.9 million.
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