It’s all about the Benjamins. Sean “Diddy” Combs has once again been crowned the Wealthiest Hip-Hop Musician by Forbes.
The Bad Boy mogul ranks No. 1 on this year’s Forbes Five, the magazine’s annual list of hip-hop’s wealthiest artists, with an estimated net worth of $580 million. The bulk of Diddy’s fortune comes from non-musical ventures including his deal with Diageo’s Ciroc.
Shawn “Jay-Z” Carter holds down the No. 2 spot with a net worth of $475 million. The Roc Nation mogul continues to amass his wealth with the $204 million sale of Rocawear in 2007, $150 million deal with Live Nation, plus stakes in Roc Nation, Carol’s Daughter, the Brooklyn Nets, Barclays Center, and D’ussé Cognac.
Bryan “Birdman” Williams rules the No. 4 spot with $150 million from his Cash Money/Young Money empire (which includes superstars Drake, Nicki Minaj, and Lil Wayne), YMCMB clothing line, and GT Vodka.
Curtis “50 Cent” Jackson rounds out the top 5 with $125 million. The G-Unit mogul’s brand continues to grow with music, merchandise, video games, and books. He is still reaping rewards from selling his stake in VitaminWater to Coca-Cola in 2007.
The Forbes Five for 2013
1. Diddy – $580 million
2. Jay-Z – $475 million
3. Dr. Dre – $350 million
4. Birdman – $150 million
5. 50 Cent – $125 million
Story by: Rap up