Diddy Named Wealthiest Hip-Hop Artist by Forbes

By Boombox Editors Posted Mar 11th 2011 01:45AM

Forbes has revealed their list of Hip-Hop's Wealthiest Artists, and not surprisingly, Diddy and Jay-Z are holding down the top two positions, respectively.

Jay-Z has made an appearance on Forbes' lists for four years in a row, with earnings of $63 million last year, in addition to the No. 1 spot for Top Earning Celebrity Couples, with wife Beyonce.

Diddy, also a consistent contender on the list, claimed the No.1 spot with $475 million, Jay-Z at No. 2 with $450 million, Dr. Dre with $125 million, 50 Cent at No. 4 with $100 million and Cash Money CEO Birdman tying at No. 5 with $100 million.

Diddy's colossal earnings are attributed to his stakes in Bad Boy Worldwide Records, Sean John Clothing and his joint business deal with Ciroc vodka, while Jay-Z's success is attributed to endeavors in fashion and food in addition to personal musical success and his Roc Nation label.

Forbes says they picked the list by "valuing current holdings, looking at past earnings, leafing through financial documents and talking to a bevy of analysts, attorneys, managers and other industry players to find the nitty-gritty details."

Only performers were eligible for the list, which was kept at a five-person minimum due to the lack of financial information on rappers earning less than $100 million. Forbes also released an updated list of the world's billionaires.

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Tags: diddy, sean combs

Comments

(17)

Friday 11 March

By frank

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I didn't know that people in the ghetto slum projects had that kind of money to spend on rap crap

By Kim Possible

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Jealous much?

By r martin

Highest Rank Vote down Vote up Report this

No, but white children do!

By Annemarie

Right, because white people never listen to rap. (rolls eyes) Racist.

By jfoster13

High Rank Vote down Vote up Report this

Always a bigot, and a jealous one, when talking about black people being sucessful. You're as ridiculous as you sound.

By sharon

Dont hate...CONGRATULATE

Poor, Broke, Loser

By KR

This is great news for kids who have a very limited amount of talent. 'If Diddly can do it, so can I.'

By barbara

Hey Frank it's the wanna be white boys that are spending the money on that rap crap!!! ROTFLMAO Now they are even wearing their pants below their ankles and tweeding up their hair to look like Rasta. So who wants to be black????

By TER BEAR

I LIKE DIDDY. YEARS AGO I DID NOT BUT THE MORE I HEARD WHAT A GREAT PERSON HE IS, THE MORE I RESPECTED HIM.
SURE, HE MIGHT SPEND MONEY ON GIFTS FOR HIS KIDS BUT HE DOES PAY CHILD SUPPORT.
AND HE GIVES A LOT OF MONEY TO HIS CHARITIES.
SO THERE!

By doug

this man has no soul...look in those eyes...theres nothing...kinda like hip hop

By mimi

He has been asked to help out his struggling HS in the Bronx many times over the years and he has not responded. Once he filmed a spot for MTV or VH1 which showed him there, but there's been no financial support from him. They could really use his help, monetarily and as a model for the students to look up to. But I guess there's nothing to emulate there.

By toothis

A fortune built on the blood of his own people. Blacks are imitating his life-style and are killing each other by the bucket-load. Don't think people imitate what they see from stars (Aniston's haircut; Don Johnson's stubble; and rappers singing about drugs, killing, raping)? Then I guess advertisers don't know what they're doing when they pay billions for ads.
Pop open another bottle, Jay Z! You earned it!

By amiwright

Yep, he sure did.

By Pomparo Furpo

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The boy shined my shoes once, good boy.

wow i guess that is all you can hold on too! But guess what someone is shining his shoes, holding his door open, preparing his meals and jumping at his beck and call and cleaning his house. Can you say the same?

Saturday 12 March

Barbara, you need to learn the English language. Apparently you didn't do good in school - if you went at all.

Wednesday 23 March

By Brandyglas

Pomparo ..... that would be " didn't do well in school"

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