Nicki Minaj, who kickstarted her music career after quitting a job at a phone company in 2007, went on to become a multi-millionaire. In her more than a decade-long career, she has amassed a significant amount of wealth and is ranked as one of the richest rappers in the world.
Another influential music figure is Cardi B who entered the rap industry eight years later. She has also gained substantial wealth in her career.
In a comparison of wealth between Nicki Minaj and Cardi B, the former emerges wealthier. Celebrity Net Worth estimates Minaj's fortune to be around $150 million, while Cardi B's wealth stands at nearly $80 million.
The Starships singer is ten years older than Cardi B. She has also worked as a rapper for a significantly longer time than the latter. Minaj released her first mixtape Playtime Is Over on July 5, 2007, whereas Cardi B dropped her debut full-length mixtape, Gangsta B**ch Music, Vol. 1 on March 7, 2016.
Nicki Minaj's wealth explored: Trending music albums and tours
In September 2019, Forbes revealed a list of the World’s 20 Top-Earning Hip-Hop Stars. Nicki Minaj ranked 12th on the list with a fortune estimated to be around $29 million back then. Meanwhile, Cardi came right after her, at the 13th spot, with approximately $28 million at the time.
Both rappers make the majority of their earnings through their music; Minaj has released four studio albums so far. Three out of her five albums, namely Pink Friday, Pink Friday: Roman Reloaded, and Pink Friday 2, topped the Billboard 200 album chart. Meanwhile, Cardi B's debut studio album titled Invasion of Privacy also peaked on the Billboard 200 album chart.
Moreover, tours also contribute to Minaj's revenues. The rapper has completed four headlining tours so far, co-headlined a tour with Juice World, and performed featured acts in three tours. On the other hand, Cardi B confirmed via an X post on November 26, 2022, that her '2019 Arena Tour' became the first concert tour by a female rapper to garner over $1 million gross per show.
Beyond these, Nicki and Cardi B also earn from streaming platforms like Apple Music, YouTube, and Spotify.
Other sources of Nicki Minaj's earnings
Apart from music and tours, artists also make money from brand endorsements and other business ventures. Nicki Minaj has worked as a voice-over artist in animated motion pictures like Ice Age: Continental Drift, and The Angry Birds Movie 2.
She has also appeared in acting roles in The Other Woman and Barbershop: The Next Cut. Lastly, her gaming role in Call of Duty: Modern Warfare II has also helped the artist earn millions. The role was initially offered to Cardi B, who turned it down but regretted it later. The rapper even wrote about it on her X handle in September 28, 2022:
"My stupid decisions from the past caused me to miss out on money now. I had a multi-million dollar Call of Duty deal on the table that I couldn’t take because of court. Guys think twice about those quick decisions! Lesson learned.
The Super Freaky Girl rapper has also appeared as a judge in American Idol's twelfth season in 2013. Furthermore, Minaj has also launched her own business venture called Pink Friday Nails. It is a press-on nail extension brand that offers its customers an option to customize the length and shape of each nail.
Alongside her tours, Pink Friday Nails has also boosted Minaj's social media presence and overall brand success, driving more sales her way.
Both Nicki Minaj and Cardi B have impressive car collections
When it comes to investing her income, Nicki Minaj spends more lavishly on cars than on real estate. Lifestyle Asia reported that the High School rapper bought a 1,100 sq. ft. home in LA's Hidden Hills neighborhood in 2022, where she resides with her husband - Kenneth Petty - and son. The publication further stated the eight-bedroom apartment has a farmhouse-style edifice and was bought for $19.5 million.
While it is the only reported home the rapper has bought, she has a wide car collection of over ten cars. Her most prized cars are a Bentley Continental GT worth $202,000 and a Lamborghini Gallardo worth $450,000, as per Lifestyle Asia.
Cardi B, on the other hand, has invested in several real estate properties. According to The Richest, the Bodak Yellow rapper bought her first home in New York in 2021; the 1,300 sq. ft. home was purchased for $5.85 million, with $1 million spent on its decoration.
She also owns a 6-acre property in Atlanta that was listed for $5.79 million in the property market. Cardi reportedly gifted her mother a $1 million mansion in New Jersey.
As reported by the same publication, the WAP rapper also has an equally impressive collection of cars, with eight luxury cars in her garage. Among her most expensive rides are Rolls-Royce Cullinan worth $355,000 and a Lamborghini Urus worth $235,000.
Nicki Minaj's net worth is reportedly more than Cardi B. However, when it comes to investment in real estate and cars, the latter appears to be investing her income more lavishly.