Countdown Top 9 Hip Hop Entrepreneurs of 2012 MY FINAL THOUGHTS/WRAP-UP

Countdown Top 9 Hip Hop Entrepreneurs of 2012 MY FINAL THOUGHTS/WRAP-UP

Just to refresh our minds, here is the quick rundown of our top hip hop entrepreneurs of 2012 according to Forbes “Cash Kings of 2012”:

  1. Dr. Dre – $110 Million
  2. P. Diddy – $45 Million
  3. Jay-Z – $38 Million
  4. Kanye West – $35 Million
  5. Lil Wayne – $27 Million
  6. Drake – $20.5 Million
  7. Birdman – $20 Million
  8. Nicki Minaj – $15.5 Million
  9. Eminem – $15 Million

Source: http://www.forbes.com/special-report/2012/0905_hip-hop-cash-kings.html

The reason why I chose this topic for my blog: As a future entrepreneur in the music/entertainment industry and also a big fan of hip hop music, I thought this (blogging for our artist management class) was the perfect opportunity to research about hip hop entrepreneurs and their different entrepreneurial business ventures.

My favorite entrepreneur on the list: No disrespect to Dr. Dre and his ridiculously successful business venture with his Beats by Dre headphones, but I thought overall Jay-Z had the most diverse and long-term growth potential portfolio. His partnerships with the Brooklyn Nets, New York Yankees, Live Nation and Duracell (just to name a few) are unparalleled and I can only imagine where his next investments will be. I honestly think Jay-Z will be able to top both Diddy and Dre in the next couple years.

And speaking of Jay-Z, I wanted to share a quick little video of a cute grandma not recognizing who the $475 million man is on the subway next to her: .

Who I see making top 9 next year that is not on the list: Although Forbes has him listed at number 15 this year with $7.5 Million, I honestly think Curtis Jackson, also known as 50 Cent or Fiddy, is never out of the equation. He actually lead the entrepreneur list back in 2008 (http://www.aceshowbiz.com/news/view/00017719.html) with $150 Million, so knowing him, he is bound to make some big moves this coming year. Also, one of the main reasons why I chose 50 Cent is because word on the street says he traveled to Dubai this year to sell his new SMS wireless headphone product that is nearly indestructible. Of course, that is not the only reason why I chose Fiddy, but I see (expect) great things ahead for this former G-Unit member. Here is the link to his newest business venture:

Last words: Once again, thank you taking this 10-blog journey with me. I hope you found my blogs somewhat entertaining, interesting and/or resourceful to you.

And if you’re new to my blog, please check out my previous detailed blogs on each of the top 9 hip hop entrepreneurs of 2012.

*Please remember to like, comment and share my blogs with others!

Thank you.

By: Aaron (Duke)

Countdown Top 9 Hip Hop Entrepreneurs of 2012: #9 EMINEM

Image(Picture source: wir.skyrock.net)

The purpose of this blog is to inform the class of America’s “Top 9 Hip Hop Entrepreneurs of 2012” and the various business ventures in different industries that contributed to their individual successes.

Countdown Top 9 Hip Hop Entrepreneurs of 2012: #9 EMINEM

Name: Marshall Bruce Mathers III

Stage Name: EMINEM

Age: 39

Forbes Celebrity List: #71 out of 100

Forbes Hip Hop’s Top Earners List: #9 of 9

How Much??? $15 MILLION

What more could you ask for from a guy who sold over 32 million copies in his music career and has 13 Grammy’s under his belt? Nothing.

But Eminem decided to add to his already impressive resume by starting his own record company in 1999 called Shady Records and signing big-time acts such as D12, 50 Cent, Royce Da 5’9, Joe Budden, Slaughterhouse, and Joell Ortiz (just to name a few). In 2002, he took the film industry by storm, playing a leading role in a feature film called 8 Mile. The film grossed over $242,875,078 and won an Academy Award for “Best Original Song.” In 2003, Eminem made a huge splash in the fashion industry with his brand and clothing line, Shady Ltd., making an instant impact on urbanwear. (Shady Ltd. was eventually acquired by Rocawear, Jay-Z’s clothing line.) He also created his own radio channel, Shade 45, which first aired on Sirius XM Radio in 2004, featuring different hip hop artists and DJs while giving a platform for Eminem to connect with his fans all around the world. The popularity of his channel has been growing ever since.

Today, although he is not as active as before in front of the camera, he has been working fervently behind the scenes on many different projects as a music producer. He also announced in July 2012 that he was currently working on his 8th studio album that will be released sometime in 2013. He has made special cameo appearances in different films and television series such as Funny People and The Entourage.

From music, to movies, to TV and fashion, Eminem has made his an everlasting mark in the entertainment industry – easily placing him as the 9th most successful and influential hip hop entrepreneur in the year of 2012 with $15 Million.

(In a couple days, I will post up #8! So please stay tuned! Let’s count down to #1 together!)

By: Aaron Kim (Duke)

Sources:

http://www.forbes.com/special-report/2012/0905_hip-hop-cash-kings.html

http://www.forbes.com/profile/eminem/

http://www.entreceleb.com/2011/10/eminem-business-cypher.html