Nicki Minaj Net Worth

As of 12/13/16, the Nicki Minaj net worth total is $78 million. Minaj has earned about $6 million from album sales, $9 million from singles sales and $66 million from concert tours. The star has also earned about $42 million in endorsements and $28 million in YouTube ad revenue. Estimated investment income of $8 million also boosts the star’s net worth.

Minaj has earned a total of $145 million in her short career. However, earnings are only one part of the Nicki Minaj net worth story. The star has also paid an estimated $74 million in taxes and $14 million in expenses. Subtracting those amounts from her earnings gives a final Nicki Minaj net worth number of $78 million.

Nicki Minaj Net Worth Facts

The Nicki Minaj net worth sum of $78 million does quite well against her peers. Dr. Dre’s net worth is about ten times bigger than Minaj’s at $756 million. Jay Z’s net worth of $552 million is seven times bigger than Minaj’s. That said, those two rappers are also highly successful businessmen with extremely long careers. Minaj has about 15% more money than Kanye West at $68 million. She has about 15% less money than Drake. Rihanna, Beyonce and Taylor Swift all have more money than Minaj thanks to huge concert tours and relatively long careers. Beyonce has a net worth of $409 million while Rihanna has $281 million and Swift tips the scale to the tune of $309 million. Compared to high-ranking politicians, Minaj shines with 23 times more money than Barack Obama’s $3.2 million and 123 times more than Bernie Sanders’ $528,000.

Also see: Rihanna Net Worth

Nicki Minaj Net Worth Timeline

So how does Nicki Minaj’s net worth look over time? We built the Nicki Minaj net worth timeline below to illustrate. The steepest parts of the net worth line represent big boosts from concert earnings.

Nicki Minaj Net Worth Sources

43% of Nicki Minaj’s net worth comes in the form of $66 million in concert tour earnings. An estimated 27% comes from $42 million in endorsements. 15% comes from $23 million in YouTube income. Only 10% comes from sales of albums and singles. The final part of the Nicki Minaj earnings total is 5% from investment income of $8 million.

Of the total earnings above, 48% is eaten up by taxes of $75 million and 9% is taken by expenses of $14 million.

Also see: Taylor Swift Net Worth

The graphic below shows how the Nicki Minaj net worth story breaks down visually.

Music Sales and Nicki Minaj Net Worth

Music sales are quite often the smallest part of a singer’s earnings. In the Nicki Minaj net worth mix, music sales account for only 10% of the total.

Minaj has released three studio albums: Pink Friday, Pink Friday: Roman Reloaded and The Pinkprint. The star has also released several compilation albums and mixtapes. All together, Minaj’s album sales total 4.7 million units and $51 million in revenue. Industry experts Minaj’s earnings at 11.1% of sales. That means about $5.7 million in album sales chip in to the Nicki Minaj net worth stack.

Minaj has released a staggering 73 singles in a very short time, including the platinum hits Starships, Pound the Alarm and Bang Bang. She has sold 33 million singles as lead artist and another 27 million as featured artist. A total of $9 million in singles sales kicks in to the Nicki Minaj net worth pot.

Also see: Drake Net Worth

Concert Tours and Nicki Minaj Net Worth

Concert tours are traditionally the biggest money maker for big music stars. $66 million in concert tour earnings add to the Nicki Minaj net worth total.

Minaj started her touring career as opening act for Britney Spears’ Femme Fatale tour, earning an estimated $2 million. Her own tours, Pink Friday, Pink Friday: Reloaded and Pinkprint brought in $15 million to $32 million each.

Also see: Jay Z Net Worth

YouTube and Nicki Minaj Net Worth

Nicki Minaj has solid YouTube earnings with 4.4 billion views. Some marketing firms place a $7.60 price tag on 1,000 YouTube views. If that’s accurate, it pumps $28.4 million in the Nicki Minaj net worth sum.

Nicki Minaj Endorsements

We don’t know exactly how much Nicki Minaj has earned in endorsements. That’s because endorsement dollar figures aren’t published publicly. What we have to go on is industry reports, rumors, conjectures and information on deals we do know about. We know for certain that Minaj is adept at racking up endorsement deals. In the star’s young career, she has signed major deals with heavy hitters like Pepsi, Adidas and Kmart. Deals with MAC Cosmetics, OPI Products, Mattel, Beats Electronics and Roberto Cavelli also pitch in to the Nicki Minaj net worth purse.

We estimate Minaj has made an average of $7 million a year in endorsements since 2010. That puts her lifetime endorsement earnings at $42 million dollars.

Nicki Minaj Business Deals

Some musicians stick with music, while others shine in the business world. Notable examples are Dr. Dre, with his $3.2 billion dollar sale of Beats Electronics to Apple, and Jay Z with his $204 million dollar sale of the Rocawear clothing company. Whether Nicki Minaj will become one of the business whiz divas remains to be seen. However, she’s made a good start, with her Myx Fusions Moscato company and her 3% stake in the streaming service Tidal.

Nicki Minaj Taxes, Expenses and Investments

Earnings are only one part of the Nicki Minaj net worth tale. Taxes, expenses and investments also figure in.

Minaj is in a 39.6% federal tax bracket. She also lives in New York, where her state tax bracket is 8.82%. Applying that rate to her total earnings gives a lifetime tax bill of $70 million dollars.

We’re not sure exactly how much Minaj spends on cost of living, staff, operating costs and agents, but we know it’s something. Using 20% as a baseline, we estimate a $14 million dollar total expense bill for the star.

We also know Minaj has most likely done something with her money aside from sticking it in a savings account. Figuring an average of 6% investment income per year, we estimated $8 million in investment income adds into the Nicki Minaj net worth stockpile. However, investments aren’t really worth anything until they’re cashed in, and when they are, they’re taxed. We figure on $4 million of investment taxes subtracting from Nicki Minaj’s net worth.

Also see: Miley Cyrus Net Worth

Sources:

Bandzoogle