For years now Sean Combs and Shawn Carter have duked it out for the title of Hip Hop’s wealthiest. With a $25 million advantage, Diddy takes the crown for now. Forbes listed “Hip Hop’s Wealthiest Artists” and provided the current top five with Diddy and Hov far ahead of the pack.
1. Diddy ($475 million)
2. Jay-Z ($450 million)
3. Dr. Dre ($125 million)
Just two years ago, Forbes listed Jay-Z’s net worth as $160 million. For more on how Forbes determines their list, read the explaination of their methodology below.
“In order to form the list, we followed the same procedures we use to calculate the list of the world’s billionaires (released today) — 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. We considered only performers, which is why Hip Hop mogul Russell Simmons isn’t on this list.
To see the artists who pulled in #4 and #5, which may surprise you, visit Forbes.