Life Story Of Eminem And His Net Worth
According to The Richest American rapper, record producer, and actor, Eminem, has an estimated net worth of $100 million. He was the first white rapper since the Beastie Boys to garner both sales and critical respect.
Born Marshall Mathers III on October 19, 1972, in St. Joseph, Missouri, the multi-platinum rapper spent his youth moving around the state with his single mom before settling in Warren, Michigan where he became interested in hip-hop.
Between participating in freestyle rap battles and creating his own amateur performances throughout his teen years, Eminem gained recognition and respect from the local hip-hop scene.
After dropping out of high school at age seventeen, he joined Bassmint Productions, which was later renamed Soul Intent. He recorded music with Mashin’ Duck Records and FBT Productions, all while holding down a minimum wage job as a cook and dishwasher. Under Web Entertainment, Eminem released his debut album, Infinite, in 1996.
He released his debut album Infinite in 1996, and it was followed by the 1997 release of The Slim Shady EP. This caught the attention of Dr. Dre, who executive-produced the major-label release of The Slim Shady LP.
The album was an instant commercial and critical success, earning Eminem a Grammy for the best rap album. The years 2000 and 2002 saw the successful release of The Marshall Mathers LP and The Eminem Show.
The Marshall Mathers LP on record became the fastest-selling hip-hop album in history. Eminem has achieved twelve #1 singles worldwide, an Academy Award for Best Original Song, eight number-one albums on Billboard Top 200, and was named Artist of the Decade by Billboard Magazine in December 2009.
Eminem was born Marshall Bruce Mathers III on October 17, 1972 in St. Joseph, Missouri. He spent his youth moving around Missouri with his single mom before they settled in Warren, Michigan. Before they divorced, his parents Marshall Sr. And Deborah “Debbie” Rae Nelson were actually in a band called Daddy Warbucks that performed around the mid-west, primarily at Ramada Inns.
After the divorce, Debbie and Marshall shuttled back and forth between Michigan and Missouri, never staying in one place for more than year, living primarily with family members. As a child, Marshall was a loner who was bullied frequently at school. In his teenage years, they lived in a predominantly-black neighborhood of Detroit.
Eminem initially dreamed of being a comic book artist, but that changed after he heard his first rap song, Reckless – Featuring Ice-T, off the soundtrack to the movie “Breakin'”. The album was a gift from his half-brother Ronnie.
At 14 he adopted the rap persona “M&M” (based off his initials). At 17 he dropped out of high school. He worked a series of odd-jobs while writing songs and participating in freestyle rap battles around town.
|Net Worth:||$230 Million|
|Born:||October 17, 1972|
|Country of Origin||United States of America|
|Source of Wealth:||Rapper/Hip Hop Artist|
|Last Updated||March 13 2022|
Eminem started performing at rap battles with his friend Mike Ruby when he was only 14. Later on, as his reputation grew, he was recruited by several rap groups, including New Jacks, Soul Intent, and D12.
His first solo album, ‘Infinite’, was released in 1996, and was a failure; majorly due to Eminem’s style, and feelings people had towards it at that time. He was told that his style was not cut out for hip hop, and that only motivated him to keep on writing more rhymes.
In 1997, he was spotted by Dr. Dre, the founder of Aftermath entertainment, and began working with him. Two years later, The Slim Shady LP was released and went Platinum.
Since then, Eminem has released multiple albums and sold over 40 million copies in the US alone. He’s collaborated with a wide number of artists and even starred in a movie based on his story.
Today, Eminem is considered to be one of the best, if not the best, rappers of all time. He’s worked with just about every musician you can think of, including the likes of Ed Sheeran, 50 Cent, Lil Wayne, Rihanna, Drake, and more.
In recent years, Eminem has become somewhat of a reclusive celebrity. He has openly struggled with drugs and is now sober. Throughout much of the late 90s and early 2000, much of his personal life was continuously displayed in courtrooms.
He has battled both his mother and his ex-wife Kim. Kim and Eminem share a daughter together named Hailie. Eminem also has custody of Kim’s daughter from another relationship, Whitney, and his niece Alaina.
How He Spends His Fortune
Eminem purchased one of his homes for $2 million. He is a big fan of cars as well. We begin with the Porsche Carrera GT with its price of $448,000. He has another Porsche and it can be picked up new for around $184,000.
He also likes jewelry. One of his necklaces is thought to be worth $450,000. One of his watches is his Rolex Date-just Silver Jubilee which is thought to retail at around $6,400.
Moving onto Eminem’s Ferrari Collection now and his Ferrari 599 GTO is truly a beast of a car worth an estimated $371,000. It is the third Ferrari in the GTO range and follows on from the 250 GTO and the 288 GTO.
As of this writing, Eminem 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).
Over the past year, the Detroit native went out on the European Leg of his Revival Tour and headlined festivals like Bonnaroo and Governor’s Ball.
Eminem surprise-released ‘Kamikaze’ in August 2018, just nine months after dropping his critical-acclaimed album, ‘Revival.