The rapper Future probably no stranger to many of you, especially those who are into music from Atlanta, GA. The hype behind him was huge when he first made his appearance on the rap scene in 2010 and it has not stopped since then. In fact, his popularity seems to have grown tenfold in recent years and there is no telling how much bigger he will become in the future. With that being said, what exactly will be his net worth in 2021? Well, before we get into that, let’s take a look at some basic facts about Future so that we can put all of this into context.
The first thing to know about Future’s net worth, which has increased drastically over his first six years in rap, is that it was a long time coming. Before he signed with Epic Records and released his first commercial mixtape, Pluto, at age 19, Future was rapping for free. He recorded songs with his cousin Drama at a local studio in Atlanta and uploaded them to MySpace; their song My Ho 2 became so popular it attracted attention from labels. For a time he partnered with rockers OutKast — and worked briefly as their manager — but it didn’t take him long to realize he’d have more freedom going solo. On Pluto, you can hear all of that early trial-and-error.
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Earnings from Music Industry
You may not realize that Eminem is one of highest-paid musicians of all time. In fact, at times he’s even earned as much as $18 million per year. That isn’t his total income, but it certainly demonstrates his earning potential and popularity with fans. Let’s see what that looks like in five years. We have to make a few assumptions to do so, however.
This year, Drake earned $94 million from June 1st to June 16th, and that’s not even his yearly income. The total amount of money he raked in from June 2017 to June 2018 was over $142 million! His estimated earnings for 2018 alone are around $97 million. In addition to his music sales, earnings from touring and endorsements have made him a millionaire many times over. He has also earned a good deal of money through his many business investments, including Degrassi Media (which produces films) and beverage companies like Virginia Black Whiskey.
Estimate of Cost Expenditures
In 2021, an estimated amount of 35.3 million dollars will be spent by Eminem on Living Expenditures and Investments. This includes his clothing, food, shelter etc… The biggest expenditures will be on transportation (2.4 million), entertainment (1.5 million) and other services including holiday expenses, leisure and personal care (3.9 million). All these are projected amounts to be spent by him during his life time from 2018 to 2026. You can see more detailed expense estimates as follows
Net Worth Calculations
In order to calculate hip-hop superstar Jay Z’s future net worth, we used his estimated earnings in 2014 as a baseline, which Forbes pegged at $20 million. This number also included his salary from his executive position at Roc Nation and a percentage of Tidal, his music streaming service. We then looked at his investments and how much he earned off them. Finally, we took into account that he gave away $56 million to charity between 2006 and 2010 through The Shawn Carter Foundation (he’s given an additional $2 million since). With all of these factors combined, our best estimate for Jay Z’s future net worth is roughly $600 million.
Last Updated on December 25, 2021
Andrew Smith is a professional News researcher and writer. He has been writing latest tending news articles for various news agencies.