The reason why so many artists that are still signed to a record label are not as rich as we think they are!
Rema’s Net Worth in 2024 is $1 Million according to google.
Shatta Wale, a Ghanaian 🇬🇠dancehall Afrobeat
Legend’s net worth in 2024 is $12 million according to google, but guess who is more popular globally? Rema.
You might be wondering why after being so popular and making so much money, Rema is still at $1 million.
Here is why;
If Rema makes 100 million from a show or streams,
Marvin’s gets 40%
Jonzing World gets 20%
Interscope gets 20% and then Rema gets 20% that’s 20 million .
But if Shatta Makes 100 million it goes straight to his account.
This is the case for most artists
Rema is comfortable not rich. Maybe when his contract expires in 5 years, he will make more money and be able to invest in whatever he wants.
Note: Shatta is that rich because he is a businessman, he invests in all kinds of businesses and he is extra smart . He invests in things the people need, not things that they want that’s why he is that successful.
You might like Shatta, but he is that smart.
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