: Where do rappers get all that money from?

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: Where do rappers get all that money from?

In: Economics

7 Answers

Anonymous 0 Comments

Everyone else pretty much covered it with record sales, shows, sponsorships but there’s also syncs (having your music in an ad, show or film) and merchandising (the return on merch is massive).

Keep in mind that many artists are potentially flashing advances which is money loaned to the artist against any future royalties. A lot of artists wind up in debt because they get $100,000 or something and end up blowing it before they actually earn it, pay it back at a small percentage, and make a profit. So a lot of what you may see could, in reality, be them basically flaunting a really, really shitty loan.

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