Marshall Bruce Mathers III, commonly known as Eminem, recently became the first artist to hit 1 billion streams on Spotify for seven different albums.
With such huge numbers on the streaming service, it won’t be wrong for anyone to assume that he is pulling in a boat load of cash from his music.
Knowing the exact amount the rap mogul makes from Spotify isn’t as simple as it may seem. Many tabloids have either underestimated or overestimated his revenue in their reports.
Due to limited information from Spotify, it is difficult to know exactly how much Eminem earns. The company makes only the conditional rates of its payment structure for artists available to the public.
Spotify pays artists between $0.003 and $0.005 per stream on average. Multiplying these rates by the 4.91 billion streams, the hip-hop artist gained in 2021, the estimate for his proceeds stands between $14.7 million and $24.5 million.
Using the middle ground for this range as an estimate, we can estimate that Eminem makes about $19.6 million from Spotify annually.
Expect these numbers to increase with time as streams for his music seem to shoot up every year.
This analysis uses just his streams on Spotify, but the artist enjoys similar numbers on other streaming platforms.