Diddy Adds Value To Forbes’ Richest Rappers List, Jay-Z Trails With $475 Mill
In rap’s cash race, as chronicled by Forbes, Diddy reigns supreme. At least according to “Forbes Five,” the magazine’s list of hip-hop’s wealthiest rappers. But, as usual, the competition is intense and the dollars continue to grow.
Thanks to Diddy’s deal with Diageo’s Ciroc, the Bad Boy boss’ estimated wealth has leaped to $580 million. Following Diddy is Jay-Z, another mainstay on all hip-hop earners lists. Forbes estimates Jay’s worth at $475 million, which he amassed with major deals for Rocawear and Live Nation.
Dr. Dre makes noise at No. 3 with $350 million. He loudly cranked up the cash with his Beats by Dr. Dre headphones that have become ubiquitous. His partners, which includes Interscope head Jimmy Iovine, snatched back all the shares of the company in 2012 and continued to grow the brand beyond headphones.
The surprise fourth place goes to Birdman, the co-founder of Cash Money Records, parent to Lil Wayne’s Young Money records. His estimated net worth of $150 million offers a clue as to why he tattooed Rich Gang on his face. He edged out 50 Cent, who filled the fifth postion with $125 million. But 50 Cent has no plans to stay at the bottom of the list. His SMS Audio, SK Energy drink are good reasons to believe that he won’t.