Nicki Minaj has had a successful rap career. Her albums Pink Friday, The Pinkprint and Queen have made her a force that must be taken into account in the music industry. That’s why she earned millions of dollars. How does she spend her money and what is she worth? This is what we know about Nicki Minaj’s net assets and how she spends her money.
Although Minaj is known for wearing flashy outfits and jewelry, she is not only focused on herself. The rapper gives away scholarships to students in need. Earlier in 2018, she announced on Twitter that she would start a studio competition called Student of the Game.
Minaj often receives requests for help with student loans, tuition fees and other costs related to attendance. She sometimes goes on Twitter to handle the requests. In May 2017, Minaj promised to help more than 20 fans who needed help.
Minaj’s generosity also extends to her colleagues in the music industry. The star made headlines when she allegedly sent Cardi B a $ 5,000 gift voucher purchased at West Hollywood’s baby boutique Petit Trésor. The Blast reports that the basket contains “luxury seasonal clothes, an assortment of dolls and stuffed animals and of course a silver rattle”.
Past spending habits
Most women like to use their outfits, but Minaj says she went to the extreme at some point. In an interview with Vogue in 2012, Minaj explained how important accessories are to her. She admitted that she had spent thousands of dollars to get accessories. She told the magazine that she had spent $ 50,000 a month on shoes from Giuseppe, Versace, YSL and Fendi. And I bought tons of Louis Vuitton bags, “the artist said.
The rapper has won several prizes throughout her career. From 2018 she has received three MTV Video Music Awards, eleven BET Awards, four Billboard Music Awards, six American Music Awards, a Billboard Women in Music Rising Star Award and 10 Grammy Award nominations. In 2013, Minaj won a People’s Choice Award for favorite hip-hop artist. In addition, Minaj was the first woman to be named on Forbes’s Hip-Hop Cash Kings list. In 2017 she took the number 6 place.
Nicki Minaj’s net worth and how she built her wealth
Nicki Minaj has a net worth of $ 75 million from 2018. In addition to album sales and tours, Minaj earns money by collaborating with other artists. Minaj was discovered by rapper Lil Wayne and signed a deal with his record label Young Money Entertainment in 2009.
Much of Minaj’s wealth comes from record sales and performance fees, but she also earns money from work outside of music. Among her external projects was a period as a judge on season 12 of American Idol in 2013. She judged along with other celebrities Mariah Carey, Keith Urban and Randy Jackson. Minaj earned $ 12 million for her appearance, according to Reuters.
Minaj has also built up her wealth from various endorsement deals. She has approved products for brands such as OPI, Pepsi and MAC Cosmetics. Appearance rights also increase her income. In 2014, Floyd paid Mayweather Jr. Minaj $ 50,000 to appear at his daughter’s 14th birthday party. The following year the rapper received an estimated $ 300,000 to $ 500,000 to perform in a bar mitzvah.