Cash Money Records Net Worth – Companies – Richest Businessmen

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Cash Money Records net worth: Cash Money Records is an American file label that has a net worth of $300 million . The firm was based in 1991 by Bryan “Birdman” Williams and Ronald “Slim” Williams. The brothers allegedly used cash earned from the drug commerce to launch their enterprise. After producing a good quantity of hits as an impartial label, Cash Money signed a $30 million distribution deal that additionally got here with a $three million advance, 85% of royalties and 50% of all publishing revenues. Incredibly, they have been additionally in a position to negotiate 100% possession of their masters. Today they’re some of the profitable and worthwhile file labels in hip hop historical past. Between 2001 and 2003, Cash Money bought seven million albums. Cash Money Records’ releases are distributed by way of Republic Records within the United States and Universal Music Group worldwide. They are primarily based in New Orleans, Louisiana and Miami, Florida and host artists similar to Nicki Minaj, Lil Wayne, Limp Bizkit, Busta Rhymes, Drake, Bow Wow, Christina Milian, Paris Hilton, Young Money and extra. In 2015, Lil Wayne filed a $51 million lawsuit in opposition to Cash Money and label founder Birdman over the delay of the artist’s album The Carter V. In July of the identical yr, Birdman filed a $50 million lawsuit in opposition to Jay-Z’s music service Tidal.

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