Even Hip Hop Stars Don’t Waste Their Money

Jay-z Have you ever wondered what it would be like to be a rock star?When we were kids, we all wanted to jam on stage, slam that steel guitar, and rock out to the beat of the drums. We used to dream of making a fortune touring the country with our very own rock band. Well, times have changed.Now the real money is in hip-hop.Today’s rappers are multi-millionaires, thanks to some savvy business practices as well as their music.Hip-hop has shifted to the forefront of the music industry, and the kings of hip-hop have cashed in.Here’s a look at a few of the top 20 Hip-Hop Cash Kings of 2011 as established by Forbes Magazine.

Self-styled “Jay-Z” tops the charts with over 37 million dollars last year in revenue.Jay-Z (whose real name is Shawn Carter) earns his spot at number one through a strategic 10-year, 150 million dollar Live Nation contract, as well as shares in the New Jersey Nets, and ownership in the 40/40 Club chain. Though extremely well off, Jay-Z still struggles to out earn his wife. This year is actually the first time Beyonce has earned less than her husband since the two were married in 2008.Sean “Diddy” Combs takes second place on the Forbes list with his 35 million dollar salary.Diddy dabbles in clothing lines, marketing, and vodka.The former “Puff Daddy” is currently the richest rapper on the planet.No doubt his 35 million this year alone helped his total net worth.

Kayne West is currently ranked number three.Much of West’s $16 million is due to the release of platinum record, “My Beautiful Dark Twisted Fantasy” as well as his collaboration with Jay-Z on “Watch the Throne.”Dwayne Carter, known as Lil Wayne, has been around the rap game for quite some time.Supposedly he wrote his first song at age 8 and signed his first record deal with Cash Money Records at age 9.Whatever his past performances, this year’s earnings of $15 million put him in a tie for fourth place with Bryan “Birdman” Williams.Williams is the co-founder of Cash Money Records, which features such artists as Lil Wayne, Drake, and Nicki Minaj.Williams is more of a producer than a rapper, but since so many rap stars produce, it is hard to make a distinction.To see the completed list, checkout Full Coverage: Hip-Hop Cash Kings 2011

In order to make the top dollars, it is no longer sufficient to simply be a talented singer.These Kings of Hip-Hop are more than just artists, they are shrewd business dealers. All of the top five biggest money making rap stars do more than just music.They are multi-faceted, diversified individuals who know how to generate revenue, market their brands, and make key transactions. Just like these stars, any good business man knows that a good way to increase margins is to cut costs. No one likes to waste money, no matter how rich he is. Though you probably are not an internationally acclaimed beat boxer, hip-hop artist, or rap artist, you can still save money.

Tarheel Imaging knows that small business owners have many different hats to wear, tasks to accomplish, and problems to solve.Shredding and keeping records are unnecessarily time-consuming and difficult.We want you to focus on the important aspects of your business; leave the shredding to us.We can help you become paper free and stress free.Save money with us so that you can build, maybe not necessarily your music empire, but more importantly: your business.Call us today, toll-free at 1-800-741-8505.