Did Eminem throw away some of his incredible net worth on a random NFT?

Did Eminem throw away some of his incredible net worth on a random NFT?

Legendary rapper Eminem having more fun than he likes to admit. He may have the image of a tough guy, and no one doubts his status in that regard. That said, he has proven that he likes to cut loose and have more fun than other tough guys.


Take his feuds for example. He’s beefed with hard-nosed rappers like The Game and Jay-Z, but he’s also dissed the innocent musician Moby. Yes, he has also dissed ex-wife Kim as well. At least she seems to be putting her life back together after all that drama.

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Related: Kim Scott Mathers: What We Know About Eminem’s Ex

Eminem also participates in simpler activities. Whether it’s attending Detroit Lions training camp or rapping songs for Call of Duty, he likes to show off his childish side. Kids in recent years have been interested in cryptocurrency and NFTs, so it shouldn’t be a surprise that he’s at least tried the latest internet sensations.

The latest information is that Eminem has gone all out on his NFT purchases and that he has spent a lot of money on them. Was it all a waste? Here is everything you need to know.

See also  3 important tips before investing in NFTs


Everything to know about Eminem’s net worth

Before looking into his NFT purchase, it is important to look at Slim’s net worth to see how much he can realistically afford when buying an NFT.

Compared to other celebrities, Eminem’s net worth is on a whole different level. It makes sense, as his entire career goes beyond most celebrities in terms of fame and accomplishments. According to Wealthy Gorilla, Eminem has a net worth of $230 million.

Eminem on 8 Mile
Via Universal Pictures

Where does he actually get his money from? It’s hard to break his songs down into how profitable they were, especially in the digital streaming age we live in. However, he has three diamond songs, which is an incredible feat not many musicians have achieved. “Lose Yourself” is pretty much the biggest song Slim Shady has released, and that song alone has earned him millions upon millions of dollars.

Related: Eminem’s 10 Most Listened Songs (According to Spotify)

All the songs and albums that top the charts are equally profitable goods and concerts. Eminem’s Monster Tour that took place in 2014 was one of the biggest tours of all time. It was so big that Rihanna was Eminem’s opening act for the tour.

All in all, Eminem has a lot of money to waste on NFTs if he wants to. But is his money really wasted?

Everything to know about Eminem’s NFT purchase

Everyone from Tom Brady to Paris Hilton has played with NFTs, but many people still don’t know what they are or what purpose they serve. What are NFTs?

NFTs are a difficult concept to think about if you think about it for too long, but there is a simple explanation for them. NFTs are valuable assets that people trade, similar to works of art or an artifact. The only difference is that it is done over blockchain cryptocurrency instead of using real dollars. Typically, the assets purchased are digital artwork, such as social media profile pictures.

Eminem performs on stage
via: InStar

According to Fortune, Eminem has actually purchased one of the most expensive NFTs to date. He reportedly spent $462,000 on an NFT. NFT was created by the most famous source of NFT artwork, the Bored Ape Yacht Club. They base their drawings around a unique cartoon monkey. If you’ve seen one of their NFT comics, you’ve seen them all. Eminem has used his NFT for this profile picture on Twitter, although he may use them for more things in the future.

Related: An intruder broke into Eminem’s Detroit home but denied stealing anything

An example of this is a music video Eminem made with Snoop Dogg. The animation style was created by Bored Ape Yacht Club, and the video incorporated Eminem’s personal NFT. While Eminem’s purchase may be somewhat expensive and wasteful, he still found a use for his NFT.

How did Snoop Dogg end up in this music video? Is he also interested in NFT?

What other celebrities have bought NFTs?

If anything, Snoop Dogg is a bigger fan of NFTs than Slim Shady. Snoop has purchased an NFT worth $7 million, the most expensive NFT purchased to date. Just like Eminem, it’s clear that there are multiple purposes for his NFT aside from social media, such as music videos and mascot incorporation.

Snoop Dogg and Eminem are easily two of the biggest proponents of NFTs, but who else has tried to experiment with the new form of digital commerce?

As mentioned earlier, Tom Brady has dipped his toes into NFTs. His experiment started in 2021 and continues until today. Just like Eminem and Snoop Dogg, Tom does not see the purchase of NFTs as a one-time thing. He has incorporated it into other areas of his business life by investing in his own startup called Autograph. It doesn’t involve the Bored Ape Yacht Club, and instead involves things like, well, autographs. It’s a digital fan club that revolved around Tom Brady, although several celebrities seem interested in inducting themselves.

Perhaps the most shocking celebrity to become involved in NFTs is superstar Paris Hilton. She created an entire collection of digital NFTs, cataloged in the same way that many of her clothes are. She did something else that was unique when she announced a virtual game called ‘The Sandbox’. Many celebrities have video games about them, yes, but Paris has an entire metaverse based on her personality and party lifestyle.

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