[Iceman]

Eminem has reportedly earned over £2 million ($3.3m) from his slots at last weekend's V Festival.

The rapper played both nights of the two-day event, including a 90-minute headlining set on Sunday evening on the main stage in Chelmsford, where he was joined by Rihanna.

Eminem banked £1million ($1.65m) for each of two shows, according to The Sun, with Rihanna picking up "around £500,000" ($823,236) for each of her two nights.

The Recovery star is said to have booked the gig purposely as he could make more money than if he had performed a proper stadium show.

"Eminem is a smart guy. Him and his management know they'll make cash quicker and without the hassle of organising and promoting gigs. He has few overheads. He only needs roadies and a DJ," a source told the paper.

The musician was recently named the 'King of Hip-Hop' by Rolling Stone magazine.