Eminem Net Worth | Tips Clear

What is Eminem’s net worth?

Eminem is an American rapper, record producer and actor. He is also one of the richest. Eminem has a net worth estimated at $250 million and is one of the highest-paid touring acts in the world, earning an average of $20 million a year in touring years. Eminem takes home a minimum of $20 million a year. When he meticulously travels the world selling out shows, he can make up to $30-50 million, sometimes even more.

He earned millions from his own music and albums for artists on his label, Shady Records. Between 2004 and 2019 alone, without being in the ‘best’ album-selling years of the past, he made at least $280 million pre-tax. He very likely made a minimum of $420 million in total career earnings to date (at the current exchange rate).

Branded for his coarse storytelling, technical lyricism and controversial lyrics, he single-handedly obliterated previous ranks in music sales while he established new standards for rap. Eminem first came to public attention in 1997 when Dr Dre signed the local emerging star to his new label Aftermath Entertainment.

His debut album, The Slim Shady LP (1999), also co-produced by Dre, won the Grammy Award for Best Rap Album, followed in May 2000 by its even more successful predecessor, The Marshall Mathers LP, which sold more than 1.76 million copies in its first week, setting a US record for the fastest-selling solo album release of any genre. Eminem won yet another Grammy for Best Rap Album, and the album was also nominated for Album of the Year.

Eminem’s next album The Eminem Show (2002) and Encore (2004) both topped the charts again and won Grammy Awards. Eminem has also turned his hand to the silver screen as the semi-biographical 8 Mile (2002) opens with the Marine Corps theme (to which he reacted: ‘I’m done with that shit’) and features a song about Eminem’s real-life neighbour feud titled ‘Git Up, Git Out’.

That song won the Academy Award for Best Original Song at the 75th Academy Awards, for which Eminem attended. Eminem has since released Relapse (2009), Recovery (2010), The Marshall Mathers LP 2 (2013), Revival (2017), Kamikaze (2018) and Music to Be Murdered By (2020) which went Gold in March 2020.

Early Life

Marshall Bruce Mathers III, aka Eminem, was born in St Joseph, Missouri on 17 October 1972, moved around Missouri as a child with his single mother, and finally ended up in Warren, Michigan, before his parents – namely Marshall Mathers, Sr and Deborah ‘Debbie’ Rae Nelson – divorced. Being teenagers in love, they’d performed in a band together called Daddy Warbucks, playing across the mid-west, many of the dates at Ramada Inns.

Following the divorce, Debbie and Marshall bounced between Michigan and Missouri, not staying anywhere for more than a year, and moving in with family members. Marshall reports that as a kid he was a loner, often bullied at school. In his teenage years, they lived in a predominantly black neighbourhood of Detroit.

Before becoming a rapper, Eminem had dreamed of becoming a comic book illustrator, but after hearing for the first time the Reckless – Featuring Ice-T off the soundtrack of the film ‘Breakin’,’ a gift of his half-brother Ronnie, he thought: ‘Now this is exactly what I want to do.’

He was 14 when he started referring to himself in music as ‘M&M’ (for his initials); 17 when he dropped out of high school; 18 when he graduated into a tapestry of part-time jobs, writing raps and competing in freestyle rap competitions around town.

Slim Shady

Eventually, Marshall caught the notice of the hip-hop scene in the Detroit area where a group called Bassmint Productions, which later became Soul Intent, signed him on. Under the moniker Mashin’ Duck, he recorded music with a local label named FBT Productions, and managed to earn a living while working as a minimum-wage cook and dishwasher. In 1996, Eminem released his first album, Infinite, through a label called Web Entertainment.

Somewhere around then, he became ‘Slim Shady’ in addition to Em. With this more violent gangsta stage name, Eminem rapped about drugs, sex, violence, rape and murder. He recorded The Slim Shady EP in spring 1997 for Web Entertainment, and released it that winter.

Meeting Dr. Dre

In March 1998, he made the unsigned hype column in The Source magazine. A few months later, he was evicted from his home and took the next bus out to LA to compete in the Rap Olympics, where he came second, but more importantly, an Interscope Records staffer was impressed with what he heard and slipped The Slim Shady EP under the desk of the company’s CEO Jimmy Iovine.

Iovine took the album to Dr Dre, who had recently launched his own imprint, Aftermath Records. Dre was on the hunt for new artists to sign to the label. His forum was ‘The New Testament’ and the test winner was a white kid from Detroit, about whom Dre was to say later: It wasn’t even a great demo.

I was like: what the fuck!? And who the fuck is that?’ In the entire time I’ve worked in the music business, I have never found anything from a demo tape or a CD.’ And when Jimmy played this, I said, ‘Find him. Now.’

Eminem was discovered and signed to Aftermath Entertainment to re-record and polish The Slim Shady EP as Executive Producer shortly afterwards.

The album was an immediate commercial and critical success. It went on to achieve 4X Platinum certification in the US alone, and Eminem won a Grammy for best rap album.

Both of his subsequent releases were just as monstrous: The Marshall Mathers LP, which came out in May 2000, was not only the fastest-selling hip-hop album of all time but has also sold more than 21 million copies. Its follow-up, 2002’s The Eminem Show, has certified worldwide sales of more than 27 million.

At the time of writing, Eminem has sold more than 220 million albums worldwide, enough to land him at No 9 in the list of all-time best-selling musical artists, behind Pink Floyd, Rihanna, Led Zeppelin, Madonna, Elton John, Michal Jackson, Elvis and The Beatles.

Shady Records/50 Cent

In 1999 he formed his own imprint under Aftermath Records, called Shady Records, signing D12, a group of rappers from Eminem’s hometown Detroit he’d known for years over to the company first.

In 2002, while Eminem was filming 8 Mile, his breakout movie, an underground New York rapper named 50 Cent was introduced to him. Eminem had heard several of 50’s mixtapes and wanted to sign him immediately to the label. 50 Cent was Shady Records’ first ever solo artist, and in 2002, Shady Records released 8 Mile the soundtrack, which would go on to sell more than 11 million copies across the world.

His first album, also called Get Rich or Die Tryin’ and distributed by Interscope Records, was released in 50 Cent or Die Tryin’ (2002) would go on to sell 14 million copies worldwide. In the years since, 50 Cent has sold an additional 16 million albums.

However, if you take a look at the enclosed table, you will notice that data is not available from 2000 to 2003, which is the peak of his record-selling years in Eminem’s career. He sold more than 50 million records between those years and performed 88 solo concerts for the Anger Management Tour.

In those years, Eminem had at least $100 million in personal earnings from record sales, touring and merchandise, pushing his career total, after his drive-off, up to $417.7 million as of this writing.

Awards and Milestones

At the time of this writing, Eminem has received 15 Grammy Awards, eight American Music Awards, 17 Billboard Awards, an Academy Award (for best song ‘Lose Yourself’ – from the soundtrack for 8 Mile), a Primetime Emmy, and an MTV Europe Music Global Icon Award.

In November 2022, Eminem was inducted into the Rock and Roll Hall of Fame.

Personal Life

Eminem has become something of a recluse as a famous individual in recent years. He’s admitted a struggle with drugs and has since become sober. From the mid-90s all the way through the early 2000s, much of Eminem’s personal life was exposed in courtrooms as he fought with both his mother and his ex-wife Kim. Kim and Eminem’s daughter, Hailie, share the same birthday – 25 December. Eminem has custody of Kim’s other daughter by a different man, and an aunt by marriage, Whitney, and his niece, Alaina.

In September 2021, Eminem opened a “Mom’s Spaghetti” restaurant in Detroit, Michigan.

Eminem Professional Bio Data Table

Real Estate

Eminem bought a house in 2000 for $1.483 million in Clinton Township, Michigan, and it has remained his primary residence.

The former Kmart chief executive once lived there: the performer plonked down $4.8 million on it in 2003. Surely visitors to Eminem’s house should be warned? It resembles a veritable fortress, which he retrofitted with electric fences and guard booths staffed by armed personnel around the clock. The neighbourhood is gated and guarded by additional security. Eminem hardly used the place, it seems: he put it on the market in 2017 for $1.99 million. And then found a buyer, for $1.9 million.

All net worths are based on data obtained from publicly available sources. When available, we incorporate tips and feedback received from the celebrities or their representatives. Unless stated otherwise, all of the figures given on this website are estimates. We strive to be as accurate as possible, but all of our net worth figures are only estimates unless stated otherwise. We encourage you to help us keep our figures up to date! Let us know if we’re wrong by using the button below.