If you are familiar with the world of entertainment, then you should be more than familiar with the name Nicki Minaj. Nicki Minaj is an American rapper and singer who started her career in the mid-2000s under the name of Nicki Maraj. In 2010, she started using her stage name and became one of the most influential rappers in the industry today. Since she started out in 2010, she has been nominated for several awards and has won several as well. As of 2019, her net worth has been estimated to be about $40 million but what about five years from now?
1) Career Beginning
A much-respected expert, Nicki Minaj has expanded her career as a Grammy Award-winning rapper and producer and an acclaimed singer, songwriter, actress, entrepreneur and philanthropist. She was born on December 8th, 1982 in Saint James Trinidad as Onika Tanya Maraj. Before she began her successful career, she had to go through a lot of struggle in life. Her parents were addicted to crack cocaine during her childhood days and it became hard for her to get proper education from schools around their home area.
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2) Model Career
There’s a lot of money to be made modeling, but your income will depend on how successful you are. For example, in 2015, Cara Delevingne was listed as one of Forbes’ Highest-Paid Models and reportedly made $9 million in 12 months. But that amount pales in comparison to model Gisele Bundchen’s earnings; she reportedly earned $30 million between June 2014 and June 2015, making her one of Forbes’ highest-paid models for those 12 months too. Then there’s uber model Kate Moss who has an estimated net worth of about $55 million. So yes, if you’re serious about modeling professionally—and landing top ad campaigns—it is possible to earn serious cash from it.
3) Her Songwriting Earnings from writing Hits for Other Artists
$2 million per year (Approx.) $22 million grossed over her career so far. Lady Gaga — Born This Way, Britney Spears — Till The World Ends, Sean Kingston — Fire Burning, Rihanna — Love The Way You Lie (Part II), Usher –Climax. Her own Songwriting Earnings from writing Hits for Herself: $1 million per year (Approx.) – Since she was a teenager, Nicki has been co-writing songs for herself and other artists. It wasn’t until 2010 that she released her debut single Your Love featuring Trey Songz off her debut album Pink Friday on November 22nd of that year.
4) Her Merchandise Sales
Selling clothing, in-concert tickets, and other nicknacks branded with her name has helped add hundreds of millions to her net worth. In fact, merchandising sales alone are estimated to be $1 billion by 2019. She launched her first line with Kmart in 2016, debuting a collection of leggings priced at under $20 each. Just days after they went on sale, she already broke records as the fastest-selling product in Kmart history and was able to sign on for 10 more fashion lines across various retailers including Fashion Nova.
5) Nicki Minaj’s Celebrity Income
Since her debut album in 2010, Nicki Minaj has been steadily climbing up Forbes’ Celebrity 100 list. In 2017, she was #17 on that list, with an estimated $20 million of earnings that year. The bulk of those earnings came from album sales and touring as a headliner. She has appeared in several movies and TV shows as well, including Pitch Perfect 2 and Queen Latifah’s Bessie biopic. And because of her incredible social media presence (22 million followers on Instagram), she also makes money for posting branded content to her page—an ad here or there doesn’t hurt either. All told, we estimate that she rakes in about $50 million annually for all her endeavors.
6) Her Record Label Earnings
In 2010, Nicki Minaj signed a deal with Young Money Entertainment and Cash Money Records. She has reportedly earned $10 million from her record label since signing. It was rumored she was about to sign a new contract for $20 million for three albums but opted out after recording only one album. Between record sales, sponsorships, and live performances, it is estimated that she has earned approximately $14 million as an artist over these past few years.
7) Music Albums
Pink Friday (2010), Pink Friday: Roman Reloaded (2012), The Pinkprint (2014)
Last Updated on December 19, 2021
Andrew Smith is a professional News researcher and writer. He has been writing latest tending news articles for various news agencies.