It's been a rough year for the rapper, but at least she has her millions of dollars to ease the pain. 49-year-old Missy Elliott has taken the No. 1 spot on People With Money’s top 10 highest-paid rappers for 2020 with an estimated $58 million in combined earnings.
UPDATE 10/07/2020 : This story seems to be false. (read more)
Missy Elliott tops annual list of highest-paid rappers
In 2018 it looked like the rapper’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Thursday (July 9) that Elliott is the highest-paid rapper in the world, pulling in an astonishing $58 million between June 2019 and June 2020, a nearly $30 million lead over her closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The American rapper-singer-songwriter has an estimated net worth of $185 million. She owes her fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. She also owns several restaurants (the “Fat Elliott Burger” chain) in Washington, a Football Team (the “Portsmouth Angels”), has launched her own brand of Vodka (Pure Wonderelliott - US), and is tackling the juniors market with a top-selling perfume (With Love from Missy) and a fashion line called “Missy Elliott Seduction”.
The ranking is significant for many Missy fans, who have been waiting for her triumphant return to the glory days for what seems like a lifetime.
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