Diddy is rolling in the dough. The entertainment mogul has been crowned the richest rapper, according to Forbes.
Thanks to his various ventures, Sean “Diddy” Combs is sitting on a fortune valued at an estimated $475 million, securing him the No. 1 spot on the magazine’s Hip-Hop’s Wealthiest Artists list. His net worth is attributed to his Sean John clothing line, Bad Boy label, and CÃ®roc, which has become the top premium vodka on the market.
Meanwhile, Jay-Z clocks in behind Puff, with his bank account worth $450 million. The Brooklyn rapper racked up the massive amount with his various enterprises including his Roc Nation label, fashion, touring, and record sales. Dr. Dre comes in at No. 3 with $125 million, roping in his cash from endorsing HP laptops and releasing his successful Beats by Dr. Dre headphones.
50 Cent and Birdman tie for fourth with a cool $100 million to their names. The G-Unit Records CEO got his funds from selling his shares in vitaminwater to Coca-Cola for nine figures, while Baby continues pulling in money from his Young Money-Cash Money labels, which have been on a hot streak with platinum releases from Nicki Minaj, Drake, and Lil Wayne.