$230 Million
Eminem is an American rapper, producer and actor. He has a net worth of $230 million. He is one of the best-selling music artists in the world. He makes around $20 million annually that can easily increase to $30 to 50 million if he travel actively.
Early Life
Marshall Bruce Mathers III (original name) was born on October 17, 1972 in St. Joseph, Missouri. His parents Marshall Sr. and Deborah “Debbie” Rae Nelson were in a band called Daddy Warbucks before get separated. In his youth, he spent most of the time moving around Missouri with his mom before getting settled in Warren, Michigan. Marshall had not many friends in his childhood, he was a loner and often got bullied at school. Eminem aspired to become a comic book artist in his childhood he loved story telling. But he changed his dream after hearing his first rap song, Reckless – Featuring Ice-T, off the soundtrack to the movie “Breakin'”. His half-brother Ronnie gifted that album to him.
At age 14, he adopted the rap name “M&M. After dropping out of high school at age 17, he did some part-time jobs while writing songs.
Slim Shady
Eminem developed more recognition from the local Detroit area hip-hop scene. He released his first debut album “Infinite” in 1996 through a record company called Web Entertainment. At this time he got the violent persona “Slim Shady”. This alter-ego character allowed him to rap about drugs, sex, violence, murder and rape. In 1997, Web Entertainment released his debut EP “Slim Shady EP”.
Meeting Dr. Dre
After fired from his job and evicted from his home, Eminem travelled to Los Angeles to participate in the Rap Olympics. He came second but somehow his The Slim Shady EP passed to DR, Dre who was looking for a new talent. He later described his initial reaction to Eminem’s EP in following way:
“I was like: what the fuck!?, and who the fuck is that? In my entire career in the music industry, I have never found anything from a demo tape or a CD. When Jimmy played this, I said, ‘Find him. Now.”
Eminem signed a contract with Aftermath Entertainment later. He re-recorded and polish The Slim Shady EP with Dre as Executive Producer. This album won Grammy for best rap album. With time, his album became the fastest selling music albums.
Eminem Earnings By Year: | |
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 |
The data of 2000 to 2003 is not included in table as there are no reports found on back then. More than 50 million records were sold during those years and he also performed 88 solo concerts which account for at least $100 million earning.
Awards and Milestones
He has won 15 Grammy Awards, eight American Music Awards, seventeen Billboard Awards and an Academy Award (for best song “Lose Yourself” – from the 8 Mile soundtrack).
Real Estate
In 2000, Eminem bought an 8,900 square-foot home in Clinton Township, Michigan for $1.483 million. It has been his main residence throughout the years. In 2003, he paid $4.8 million for a 15,000 square foot house in Oakland County, Michigan. He sold it in 2017 for $1.99 million as he barely lived at this house.
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