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Cash Money Records
Cash Money Records

Founded

1991

Founder

Bryan "Birdman" Williams, Ronald "Slim" Williams

Status

Active

Genre

Hip hop, rock

Country of origin

United States

Location

New Orleans, Louisiana

Cash Money Records is an American record label founded in 1991 by brothers Bryan "Birdman" Williams and Ronald "Slim" Williams, who currently act as CEOs. The label has had multiple prominent artists such as Lil Wayne, Drake and Nicki Minaj, among others, which has led to Cash Money being called one of the most iconic and successful record labels in hip hop history. 

For its first few years, Cash Money played host to a number of local releases by artists, without ever releasing a music video or having a Billboard hit. Some of the label's releases garnered some regional success in New Orleans, but the label was little known to the national hip hop scene. In 1995, the label signed young rappers B.G., Young Buck and Lil Wayne, who marked what would be the second wave of Cash Money artists. In 1997, B.G. and Lil Wayne formed the group Hot Boys with Juvenile. Cash Money's big break came in 1998 when the Hot Boys caught the attention of Universal Records executives, with Cash Money signing a $30 million pressing and distribution deal with Universal. After the deal, Cash Money Records would reach success it hadn't come to previously, and several of its artists releasing high-charting albums soon afterwards.

The label's success carried into the 21st century. Between 2001 and 2003, Cash Money sold seven million albums. B.G. and Juvenile left the label in 2002, claiming financial mismanagement. Lil Wayne was made president of Cash Money and CEO of Young Money Entertainment, giving the rapper full creative control over all releases under the two labels. Cash Money grew in popularity after the signing of Nicki Minaj and Drake in 2009 and 2010 respectively. In 2013, Birdman formed the group Rich Gang, a collaboration between artists on the Cash Money and Young Money labels.

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