Net Worth: | $300 Million |
Cash Money Records has solidified its position as one of the most influential and successful record labels in the hip-hop industry. With an estimated net worth of $300 million in 2024, the label's financial prowess is a testament to their knack for recognizing and nurturing talents. Boasting an expansive roster of artists, including the likes of Lil Wayne, Drake, Nicki Minaj, and Juvenile, Cash Money Records has consistently produced chart-topping hits that have resonated with millions of fans worldwide. Their ability to cultivate groundbreaking artists and deliver impactful music has undoubtedly contributed to their impressive net worth and enduring reputation in the music industry.
After producing a decent amount of hits as an independent label, Cash Money signed a $30 million distribution deal that also came with a $3 million advance, 85% of royalties and 50% of all publishing revenues. Incredibly, they were also able to negotiate 100% ownership of their masters. Today they are one of the most successful and profitable record labels in hip hop history. Between 2001 and 2003, Cash Money sold seven million albums. Cash Money Records' releases are distributed via Republic Records in the United States and Universal Music Group worldwide. They are based in New Orleans, Louisiana and Miami, Florida and host artists such as Nicki Minaj, Lil Wayne, Limp Bizkit, Busta Rhymes, Drake, Bow Wow, Christina Milian, Paris Hilton, Young Money and more. In 2015, Lil Wayne filed a $51 million lawsuit against Cash Money and label founder Birdman over the delay of the artist's album The Carter V. In July of the same year, Birdman filed a $50 million lawsuit against Jay-Z's music service Tidal.