• Fri. May 27th, 2022

Eminem Net Worth 2022 | Salary | Records | Relationships

Byadmin

May 8, 2022

 

$230,000,000

How much money does Eminem have?

Eminem is a multi-platinum selling rapper, producer, and actor from the United States. Eminem’s net worth is $230 million as of this writing. He is consistently one of the world’s highest-paid entertainers. Eminem earns around $20 million per year on average. That number can easily approach $30-50 million in years when he is actively touring to promote an album.

 

IMPORTANT FACTS

To date, 170 million albums have been sold worldwide.

Is one of the top ten most successful artists of all time.

Has a net worth of over $400 million.

In a year when he is not touring, he earns $10-20 million.

In touring years, he earns more than $50 million.

The first two albums have sold nearly 50 million copies around the world.

Early Years

Marshall Bruce Mathers III was born in St. Joseph, Missouri on October 17, 1972. Before settling in Warren, Michigan, he spent his childhood moving around Missouri with his single mother. Marshall Sr. and Deborah “Debbie” Rae Nelson were in a band called Daddy Warbucks that performed around the mid-west, primarily at Ramada Inns, before they divorced.

 

Debbie and Marshall moved back and forth between Michigan and Missouri after their divorce, never staying in one place for more than a year and relying on family for support. Marshall was a loner as a kid who was frequently bullied at school. They lived in a predominantly black Detroit neighbourhood when he was a teenager.

 

Eminem wanted to be a comic book artist at first, but that changed after hearing his first rap song, Reckless – Featuring Ice-T, from the film “Breakin'” Ronnie, his half-brother, gave him the album as a present.

 

At the age of 14, he adopted the rap moniker “M&M” (based off his initials). He dropped out of high school at the age of seventeen. While writing songs and competing in freestyle rap battles around town, he worked a variety of odd jobs.

 

Shady Slim

Marshall eventually gained respect and recognition in the Detroit hip-hop scene. He became a member of Bassmint Productions, which later changed its name to Soul Intent. He recorded music for Mashin’ Duck Records and FBT Productions while working as a cook and dishwasher for minimum wage. In 1996, Eminem released his debut album “Infinite” through the Web Entertainment record label.

 

Around this time, he took on the edgier, more violent persona “Slim Shady” He rapped about drugs, sex, violence, rape, and murder as his alter ego Slim Shady. He recorded “the Slim Shady EP” in the spring of 1997, which was released by Web Entertainment the following winter.

 

Dr. Dre’s Visit

Eminem was featured in The Source magazine’s unsigned hype column in March 1998. He was evicted from his home not long after and decided to compete in the Rap Olympics in Los Angeles. He came in second, but an Interscope Records employee liked what he heard and recommended The Slim Shady EP to company CEO Jimmy Iovine.

 

Dr. Dre had recently launched his own imprint, Aftermath Records, and was looking for new talent to sign. Jimmy Iovine played the album for him. Later, Dre would describe his initial reaction to Eminem’s demo as follows:

 

“What the fuck!? and who the fuck is that, I thought. I’ve never found anything from a demo tape or CD in my entire career in the music industry. ‘Find him now,’ I said when Jimmy played this.”

 

After being discovered, Eminem quickly signed a deal with Aftermath Entertainment to re-record and polish The Slim Shady EP, with Dre serving as Executive Producer.

 

The album was a commercial and critical success right away. It was certified 4X Platinum in the United States alone, and Eminem won a Grammy for best rap album.

 

His subsequent albums were absolute beasts. He released The Marshall Mathers LP in May of 2000. It went on to become the best-selling hip-hop album of all time, selling over 21 million copies. The Eminem Show, released in 2002, sold over 27 million copies.

 

Eminem has sold over 170 million albums worldwide as of this writing. After Pink Floyd, Rihanna, Led Zepellin, Madonna, Elton John, Michal Jackson, Elvis Presley, and The Beatles, he is the ninth best-selling musical artist of all time.

 

50 Cent/Shady Records

Eminem launched his own record label, Shady Records, under Aftermath Records in 1999. D12, a group of Detroit rappers that Eminem knew, was the company’s first signing.

 

Eminem was introduced to underground New York rapper 50 Cent while filming the movie “8 Mile” in 2002. Eminem had heard a few of 50’s mixtapes and was eager to sign him to his label. Shady Records quickly signed 50 Cent as their first solo artist. Shady Records released the soundtrack to 8 Mile the same year, and it went on to sell over 11 million copies worldwide.

 

50 Cent’s debut album, released in February 2003, went on to sell 14 million copies around the world. 50 Cent has sold 30 million albums throughout his career.

 

Eminem’s Yearly Earnings:

Year Earnings

2004 $10,000,000

2005 $14,000,000

2006 $16,000,000

2007 $18,000,000

2008 $12,000,000

2009 $14,000,000

2010 $8,000,000

2011 $14,000,000

2012 $15,000,000

2013 $10,000,000

2014 $18,000,000

2015 $31,000,000

2016 $11,000,000

2017 $16,000,000

2018 $23,000,000

2019 $50,000,000

Total: $280,000,000

As you can see, the above table excludes Eminem’s peak record-selling years, from 2000 to 2003, because data was not available at the time. During that time, he sold over 50 million records and performed 88 solo concerts as part of the Anger Management Tour.

 

Eminem made at least $100 million from record sales, touring, and merchandise during those years. As of this writing, his total career earnings are estimated to be around $380 million.

Milestones and Awards

Eminem has 15 Grammy Awards, eight American Music Awards, seventeen Billboard Awards, and an Academy Award (for best song “Lose Yourself” from the 8 Mile soundtrack) as of this writing.

 

Private Life

Eminem has become something of a reclusive celebrity in recent years. He has been open about his drug addiction and is now clean. Much of his personal life was constantly displayed in courtrooms throughout the late 1990s and early 2000s. He has fought his mother as well as his ex-wife Kim. Kim and Eminem have a daughter named Hailie together. Eminem also has custody of Whitney, Kim’s daughter from a previous relationship, and Alaina, his niece.

 

Property Management

Eminem purchased an 8,900 square-foot home in Clinton Township, Michigan for $1.483 million in 2000. Throughout the years, this has been his primary residence.

 

He bought a 15,000-square-foot house in Oakland County, Michigan, for $4.8 million in 2003. It was the former Kmart CEO’s residence. Visitors should be aware that Eminem has turned 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 neighbourhood is gated and manned by extra security. Surprisingly, Eminem only stayed here for a short time. In 2017, he put it on the market for $1.99 million, and it sold for $1.9 million.

 

Summary

Eminem is worth $230 million dollars. He is one of the most successful musicians of all time, having sold over 170 million records worldwide. He’s made a fortune off his own music and the albums of artists signed to his Shady Records label. He earned at least $280 million, pre-tax, between 2004 and 2019, excluding his most successful album-selling days. His total career earnings are likely to be in the $400 million range.

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