News: Wale Stacks His Dollars Up: "I Want To Make Sure I'm On The Forbes List In A Year Or Two" [Video]
Thursday, Sep 6, 2012 1:05PM
Maybach Music Group's Wale recently talked about his growing popularity and why his growing bank account should hopefully land him a spot on Forbes' Hip-Hop Cash Kings list within 24 months.
According to reports, Wale has banked in roughly $5 million in just over a year.
That competitive nature has set the rapper on a course to stardom, as his recent success shows. Wale grossed over $20,000 per night while performing more than 75 concerts over the past year; his new album, Ambition, provided the soundtrack. Over the past 12 months, he pulled in nearly $5 million, narrowly missing the Hip-Hop Cash Kings list. "I don't want to be one of those guys that you see who made $4 million, invested $3.5 million, and now you work at Wendy's," he says. "I want to get the highest score on Pacman or Frogger ... [and] I want to make sure I'm on the FORBES list in a year or two." (Forbes)
Over the winter, rapper Wiz Khalifa shared a similar sentiment when he vowed to make $100 million this year.
"Oh yeah, man, I'm going to make $100 million this year," he said. "No doubt, $100 million. The new mixtape [will] get everybody ready and get their wallets open." Wiz was clearly in high spirits last night, and although he's likely in for another big year, $100 million is a bit of a long shot. In the five years I've charted hip-hop's top earners, only 50 Cent has taken home nine figures in a single year (in 2008, thanks to a $100 million windfall from the sale of his stake in VitaminWater parent Glaceau to Coca-Cola). Only 50 Cent, Jay-Z, Diddy and Kanye West have earned nine figures in the past five years combined. (Forbes)
This year's Hip-Hop Cash Kings top 20 list ranges from $6 million to $110 million.
1. Dr. Dre - $110 million 2. Diddy - $45 million 3. Jay-Z - $38 million 4. Kanye West - $35 million 5. Lil Wayne - $27 million 6 Drake - $20.5 million 7. Birdman - $20 million 8. Nicki Minaj - $15.5 million 9. Eminem - $15 million 10. Ludacris - $12 million 11. Pitbull - $9.5 million 12. Rick Ross - $9 million (tie) 12. Wiz Khalifa - $9 million (tie) 14. Snoop Dogg - $8.5 million 15. 50 Cent - $7.5 million 16. Swizz Beatz - $7 million (tie) 16. Pharrell - $7 million (tie) 16. Young Jeezy - $7 million (tie) 19. Mac Miller - $6.5 million 20. Akon - $6 million 20. Timbaland - $6 million 20. Tech N9ne - $6 million (Rap-Up)
Last fall, Wale's Ambition sophomore LP moved over 160,000 copies in its opening week.
Maybach Music Group rapper Wale's Ambition debuted on the chart at No. 2. After seven days in stores, the LP has sold 164,100 copies. (SOHH Sales Wrap)
Check out Wale's interview below: