However, the two artists tying for most nominations – Rihanna and Nicki Minaj – are notorious for making poor decisions with their money. Go Banking Rates assesses the financial behavior of Nicki Minaj and Rihanna to reveal which performer’s finances are headed downhill fastest to prevent fans who may wish to emulate these stars from making the same mistakes.
As of May 2012, Forbes estimated Rihanna’s net worth at $56 million, much of which has come from album sales. She has also earned a hefty sum from her endorsement deals, which have included Nivea, Nike, J.C. Penney, and more recently, the Barbados Tourist Authority (BTA).
Nicki Minaj’s net worth, on the other hand, has been unofficially estimated at a much lower $14 million, largely thanks to millions in album sales and one quadruple-platinum single, “Super Bass.”
Despite the impressive numbers, both artists have also made headlines for experiencing ongoing financial turmoil. However, given these various past events, Go Banking Rates finds that one star is highly likely to go broke before the other. Readers are encouraged to gain insight from these mistakes, and learn that having musical talent does not equate to making smart money decisions.
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