As of 2013, the Young Money label continues to house some of the wealthiest hip hop artists in the world. Birdman continues to lead the list of Young Money Cash Money millionaires with a net worth of $170 million and deserves honorable mention, even though he does not technically belong to our list of Young Money millionaires.
Now, here is a look at who is worth the most, the one that’s got a head start over the others, who is catching up, the classy millionaires, the flaunters, who’s the most down to earth and other Young Money trivia.
Young Money’s Richest Members
Down-to-earth Lil Wayne far ahead of other YM members
It is no surprise that at the top of the list is Young Money’s founder Lil Wayne, who is also its most well-known member. Lil Wayne has a net worth that crossed $135 million this year. Wayne’s fortune has been made through the sale of over 12.9 million albums in the U.S. and more than 37 million singles. At twenty nine, Wayne has the highest money to age ratio at $3.54 million.
Wayne’s work is his life, and he’s always pushing himself and making sacrifices for work ever since he started out as a pre-teen under Birdman. Since then he has released nine solo albums, three group albums, endless mix-tapes plus a collaboration album with Birdman and added Young Money and his clothing line TruckFit to his many business ventures. Yet for all his fame and wealth, the artist remains one of the most down to earth of the Young Money billionaires.
Lil Wayne trails behind Birdman by about $35 million, but the difference in their lifestyles is glaring. Birdman’s penchant for flaunting his wealth and gambling it away is well known, as is his ability to manage his money.
The president of the Young Money gang, Mack Maine has not seen any change in his net worth since 2011, but has been displaced this year from his #2 position in 2011, by the increasingly popular Nicky Minaj and Drake.
The Quick-Witted, Authentic and Wigged Blonde
The same age as Lil Wayne, Nicky Minaj trails behind Weezy by a whopping $90 million, the biggest difference between any two members on this list. She has also seen some fast success in the last three years since her debut album in 2009 which went platinum. It is estimated that she may very well double her worth in the next few years with her many endorsements, her electronics, clothing line and own record label.
Meanwhile at twenty seven, rapper, songwriter and actor Drake from Toronto has come up the YM ladder in the last two years from having an estimated net worth of $15 to $25 million to a current worth of $40 million. Drake started out as an actor on Degrassi: the Next Generation. His music career started out on MySpace until Lil Wayne found him. Since then, it’s been a Grammy in 2011 and $42 million from his Club Paradise 2012 tour alone. He signed with Young Money in 2009.
The Other Millionaires
At 31, Mack Maine’s presidential position doesn’t earn him a corresponding salary. Maine’s newest album titled Maine for President was released in 2011. Tyga (whose Rack City went platinum last year) and Christina Milian, who joined Young Money in 2013, are twenty four and thirty two respectively, represent two different generations of YM millionaires.
The total earnings of the top 10 among Young Money’s wealthiest are at around $234.5 million. While Lil Wayne did not make it into this year’s wealthiest Forbes Five rappers (Birdman did), he may be a candidate in the coming years when his many new business ventures take flight.
Gudda Gudda – $1 million
T-Streets – $2 million (estimated)
Lil Twist – $2 million
Jae Millz – $2 million
Tyga – $2 million
Christina Milian – $4.5 million
Mack Maine – $11 million
Drake – $30 million
Nicki Minaj – $45 million
Lil Wayne – $135 million