A DJ’s Guide to Finance: How Some Are Turning Their ‘Rent Money’ Into Retirement Money

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A DJ’s Guide to Finance: How Some Are Turning Their ‘Rent Money’ Into Retirement Money
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Tokimonsta, Richie Hawtin, Nicole Moudaber and more share advice on how DJs who don't make the highest-paid list can best manage their earnings (which aren't as high as you think).

’s Top 100 DJs list multiple times — have diversified their finances into multiple arenas. Together, they have a company encompassing artist services, booking and management in a joint venture with their own manager,, the co-founder of Belgium mega-fest Tomorrowland. They also have their Smash the House record label and its various sub-labels, and each have their own clothing line and were early investors in esports and entertainment company FaZe Clan.

Ashworth also purchased the U.K.’s Mucky Weekender Festival, which is growing under his leadership and is looking to expand into additional events. When he was unable to source a tour bus amidst Hawtin has also invested in a few real estate properties with significant financial rewards, a move he says is “definitely not as sexy or exciting as sitting with engineers dreaming up new creative tech, but definitely safe and secure.”

 

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