101.9 AMP Radio High School Takeover: Click Here To Register Your School NOW!!!

Diddy Tops Hip-Hop’s Wealthiest, Leads Jay-Z And 50 Cent On “Forbes'” Paper Chase

Sean “Diddy” Combs has danced his way to Forbes‘ list of “Hip-Hop’s Wealthiest Artists,” surpassing power earners such as 50 Cent, Dr. Dre and Jay-Z.

The “Forbes 5” list, which was released yesterday, included an elite grouping of five rappers with big bank. This list calculates overall net worth, unlike the previous “Cash Kings” lists, which compiled the year’s earnings.

When all the chips were counted, Forbes tallied Diddy’s worth at $550 million, crediting his deal with Ciroc vodka, his new cable channel Revolt, his Sean John clothing line and other lucrative ventures, with setting Combs on his way to becoming “hip-hop’s first billionaire.”

Jay-Z followed with a total of $460 million. The list places heavy emphasis on his touring earnings, the sale of Rocawear in 2007 and $150 million LiveNation deal.

Dr. Dre hit the list at No. 3, with an estimated net worth of $270 million. For Dre’s recent bump in wealth, Forbes points to a $3oo million sale of his stake in Beats Electronics, the company he co-founded that produces the popular Beats headphones.

No. 4 went to Birdman, Mr. Cash Money. His estimated worth is set at $125 million, followed by 50 Cent, who was reported to have $110 million. 50 made a huge chunk of his wealth from selling off his Vitaminwater stake in 2007.

Go to Forbes for more details about the list and calculations. –E. Parker, CBS Local

See what’s new on JAMZ!


Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From 101.9 AMP Radio

Get The App
Win Tickets To See Kanye WestJill has your tickets to see Kanye in her purse!

Listen Live