A multi-platinum-selling American rapper and producer, Eminem is also a film and television actor. Eminem has a net worth of $230 million as of this writing. One of the world’s highest-paid celebrities, he’s never failed to make headlines. Eminem earns roughly $20 million a year on the music he creates. He could easily make $30 to $50 million if he’s actively touring to promote an album.
|Net Worth:||$230 Million|
|Date of Birth:||Oct 17, 1972 (49 years old)|
|Height:||5 ft 8 in (1.73 m)|
|Profession:||Record producer, Actor, Songwriter, Musician, Rapper, Film Producer|
|Nationality:||United States of America|
On October 17, 1972, Marshall Mathers was born in St. Joseph, Missouri. In order to establish a new family in California, Bruce’s father moved away from them. Eminem grew up in a difficult neighborhood, where he was regularly taunted and beaten.
Eminem was also a victim of racial beatings when he and his family were living in Detroit’s mostly black neighborhood.
His initial love was comic books and storytelling before he found hip-hop. At the age of 17, he dropped out of Lincoln High School and began doing odd jobs to make ends meet.
Forcing him out of the house on a regular basis, his mother neglected him. Every time she went to bingo, Eminem would turn up the audio and begin creating songs.
Marshall was finally recognized and respected by the hip-hop community in Detroit. A band called Bassmint Productions subsequently became Soul Intent once he joined.
While working two minimum-wage jobs as a chef and dishwasher, he recorded songs for Mashin’ Duck Records and FBT Productions. Eminem’s debut album, “Infinite,” was published in 1996 by Web Entertainment, a record label.
At some point around this period, Slim Shady became his alter ego. He rapped about drugs, sex, violence, rape, and murder under the alias Slim Shady. “The Slim Shady EP” was published by Web Entertainment in the winter of 1997.
Meeting Dr. Dre
The Source magazine’s unsigned hype column featured Eminem in March 1998. Not long after, his home was foreclosed on and he decided to go out to Los Angeles and compete in the Rap Olympics. The Slim Shady EP was passed on to Jimmy Iovine, CEO of Interscope Records, by an Interscope Records employee who liked what he heard on it.
As a new label called Aftermath Records had recently been created by Dr. Dre, Jimmy Iovine played the album for Dr. Dre. He subsequently described his immediate response to Eminem’s demo as follows:
“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.'”
Aftermath Entertainment discovered Eminem and swiftly signed him to a contract for the re-recording and polishing of The Slim Shady EP with Dre as Executive Producer on board.
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Commercially and critically, it was an instant hit. Eminem won a Grammy for best rap album for the album, which went on to be certified 4X Platinum in the United States alone.
His subsequent albums were colossal works of art. In May 2000, he released The Marshall Mathers LP, his first studio album. More than 21 million copies were sold, making it the most successful hip-hop album ever. The Eminem Show, his follow-up album released in 2002, went on to sell over 27 million copies.
It’s safe to say that Eminem’s albums have now sold over 170 million copies throughout the world. That places him behind Pink Floyd, Rihanna, Led Zeppelin, Madonna, Elton John, Michal Jackson, Elvis, and The Beatles as the ninth most popular musician of all time.
Shady Records/50 Cent
When Eminem started his own record label, he dubbed it Shady Records, which was part of Aftermath Records. Detroit rappers D12 were the first to sign with the firm, which Eminem has worked with in the past.
On the set of the film 8 Mile’ in 2002, Eminem was introduced to 50 Cent, an underground New York rapper. Eminem was keen to add 50 to his label after hearing many of his mixtapes. Within a short period of time, Shady Records signed 50 Cent as their first solo artist. 8 Mile: The Soundtrack was released by Shady Records in the same year, and it went on to sell over 11 million copies worldwide.
In February 2003, 50 Cent’s debut album was published, and it went on to sell 14 million albums throughout the world. 50 Cent has sold 30 million records worldwide thus far in his career.
|Eminem Earnings By Year:|
This table does not cover Eminem’s highest record-selling years of 2000 to 2003 since data was not collected at the time of their peak. With over 50 million albums sold and 88 solo shows on the Anger Management Tour, his career took off during those times.
Eminem made at least $100 million through album sales, touring, and merchandising during that time period. As of this writing, he has earned a total of $380 million throughout his career.
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 album) as of this date.
Eminem has developed a reputation as something of a recluse in recent years. Sobriety is finally a reality for him after a long and public battle with drug abuse. He had a lot of his personal life on show in courtrooms during the late 1990s and early 2000s.
Kim, his ex-wife, as well as her mother, have been a source of conflict in his life. Eminem and Kim have a daughter, Hailie, together. Kim’s second daughter Whitney and his niece Alaina are also under Eminem’s care.
In 2000, Eminem paid $1.483 million for an 8,900-square-foot Clinton Township, Michigan, house. Throughout the years, this has been his principal abode.
he paid $4.8 million in 2003 for a 15,000-square-foot mansion in Oakland County, Michigan. The previous CEO of Kmart lived there. Eminem has turned the house into a virtual fortress with electric fencing and watch booths guarded by armed security 24 hours a day, so visitors beware.
Security measures have been taken to ensure that the entire area is safe. For whatever reason, Eminem didn’t spend much time here. When he put it on the market in 2017, he was expecting to get $1.99 million for it, but he only got $1.9 million.
An estimated $230 million is Eminem’s total wealth, His career has sold more than 170 million albums, making him one of the most popular artists of all time. Since he founded Shady Records, he has earned millions of dollars from the sales of his own songs and that of other artists.
He made at least $280 million pre-tax between 2004 and 2019, and that doesn’t even include his most lucrative years as an album seller. Pre-tax. He’s undoubtedly earned more than $400 million in his career thus far.
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