Nicki Minaj Net Worth (Money & Salary)

What is Nicki Minaj’s net worth?

With a net worth estimated at $150 million, Nicki Minaj is a rapper, model, actress, and R&B singer-songwriter from Trinidad and America.

Her rapid ascent to fame was propelled by the release of three hugely successful mixtapes between 2007 and 2009. In 2010, she launched her debut album, “Pink Friday,” which achieved immense success and featured the quadruple Platinum hit “Super Bass.” Notably, she became the first female artist to have seven songs simultaneously on the Billboard 100.

She subsequently released a second album even more successful than the first, followed by numerous chart-topping albums and hits. Minaj has received over 100 major awards, comprising six American Music Awards, 10 BET Awards, four Billboard Music Awards, three MTV Video Music Awards, and two People’s Choice Awards, along with 10 Grammy Award nominations. The rapper was discovered by her fellow American artist Lil Wayne. In May 2017, she surpassed Aretha Franklin’s long-standing record for the most songs on the Hot 100 by a female artist, a record that had been held for over 40 years. It is worth mentioning that many of Nicki’s tracks feature her as a guest artist, in contrast to Aretha, who was the main credited artist on all of her 73 songs.

Early Life

Born Onika Tanya Maraj on December 8, 1982, in Saint James, Trinidad and Tobago, Nicki Minaj is the second of four siblings—one older brother and sister and one younger brother and sister. During her early childhood, she lived with her grandmother in Saint James. After moving to New York City for her studies at Monroe College, her mother, Carol, took her children to Queens when Nicki was five years old. While Minaj pursued her dreams, her mother worked in payroll and accounting. Meanwhile, her father struggled with addiction to alcohol and drugs, exhibiting a violent temperament that resulted in him burning down their home in December 1987.

After being accepted into Fiorello H. LaGuardia High School of Music & Art and Performing Arts, Minaj aimed to become an actress. She was cast in the Off-Broadway play “In Case You Forget” following her high school graduation. To support her acting endeavors, she took a job at Red Lobster in the Bronx, from which she was dismissed for her perceived rudeness. According to Minaj, she faced termination from “at least 15 jobs” due to being rude.

Career

After being discovered by the American rapper Lil Wayne, Minaj quickly signed a contract with his Young Money Entertainment label and management. In 2007, she debuted her first mixtape, Playtime Is Over. Following this, she released several mixtapes, including Sucka Free in 2008. At the Underground Music Awards, she won the Female Artist of the Year award in the same year. In 2009, Minaj was featured in XXL magazine and released her third mixtape. Later that year, she launched another mixtape, Beam Me Up Scotty. Her debut album, Pink Friday, was released in 2010 under Young Money Entertainment and ultimately sold 4 million copies globally. She followed this with a second album, Pink Friday: Roman Reloaded, released in April 2012, which eventually received platinum certification. Moreover, Nicki Minaj served as a celebrity judge on American Idol during…the 2013 season. Following her earlier works, she released her third studio album, The Pinkprint, in December 2014. This album has achieved global sales exceeding 650,000 copies. In August 2018, her fourth studio album, Queen, was launched, which made its debut at #2 on the Billboard 200. Ultimately, it received Platinum certification in the United States, reflecting sales of 1 million.

In May 2017, Nicki set a new record for female artists on the Hot 100 by surpassing Aretha Franklin. Franklin’s record had stood for over 40 years. However, it is important to mention that Nicki is featured on numerous tracks, while Aretha was the primary credited artist on all 73 of her songs. Minaj has accumulated over 100 significant awards, which include six American Music Awards, 10 BET Awards, four Billboard Music Awards, three MTV Video Music Awards, and two People’s Choice Awards. Though she has received 10 Grammy nominations, she has yet to secure a win.

Endorsement Income

Throughout her career, Minaj has promoted several products. Her first notable collaboration occurred in November 2010 when she partnered with MAC Cosmetics for a lipstick named “Pink 4 Friday,” which was sold over four consecutive Fridays to align with the release of her album Pink Friday.

In April 2012, Minaj assisted in launching the Nokia Lumia 900 in Times Square. The subsequent month, she featured in both television and internet ads for Pepsi’s “LiveForNow” initiative, which included a remix of her single “Moment 4 Life.” She was also part of the 2012 Viva Glam campaign alongside Ricky Martin, generating $270 million for the Mac AIDS Fund.

In December 2014, she was revealed as the new face of the Roberto Cavalli spring/summer 2015 campaign.

In 2017, she took part in the holiday campaign for H&M.

Additionally, Minaj has successfully launched her own line of fragrances.

Personal Life

Minaj began her relationship with rapper Safaree Samuels in 2000, but they separated in 2014. She then started dating rapper Meek Mill in early 2015, only to part ways in January 2017. In December 2018, she rekindled a romance with childhood friend Kenneth “Zoo” Petty. By August 2019, she had filed for a marriage license, and on October 21, 2019, she announced their marriage.

In July 2011, her cousin Nicholas Telemaque was tragically murdered near his residence in Brooklyn, New York; an event she references in songs like “Champion” and “All Things Go.”

In February 2017, her home was invaded by burglars who ransacked the place, creating chaos, while stealing jewelry and other valuables worth $200,000.

In November 2017, her brother Jelani was found guilty of predatory sexual assault against a minor, as well as endangering a child’s welfare. On January 27, 2020, the Nassau County District Attorney’s Office sentenced him to 25 years to life.

Yearly Career Earnings of Nicki Minaj:
2010	$4 million
2011	$6.5 million
2012	$15.5 million
2013	$29 million
2014	$14 million
2015	$21 million
2016	$20 million
2017	$16 million
2018	$10 million
2019	$20 million
2020	$10 million
2021	$10 million
2022	$10 million
2023	$10 million
Total = $196 million (before taxes)

Real Estate Ventures

For nearly ten years, Nicki Minaj primarily rented, having no real estate ownership in the US. For instance, she began renting a mansion in Beverly Hills for $35,000 a month in August 2016 alongside Meek Mill. This residence, constructed in 2008 on the former site of Frank Sinatra’s home, encompassed 10,340 square feet and offered breathtaking city and mountain views. The property contained a grand two-story foyer, a spacious living room with a fireplace, and arched French doors that opened to the outdoors. Additional features included an eat-in kitchen, a wood-lined library with built-ins, a formal dining room, and a family room, accompanied by eight bedrooms. The outdoor area boasted a swimming pool, spa, and barbecue. After their breakup, Mill vacated, leaving the mansion to her until she left in February 2018.

In the following years, Nicki resided in a mansion located in Calabasas, California.

Finally, in December 2022, she purchased her own property for $19.5 million, acquiring a 12,000-square-foot mansion in Hidden Hills, California. This newly built residence never entered the market before Minaj secured it.