Forbes Hip-Hop Cash Kings list for 2013 is out, and ranking in at No. 1 is none other than rapper/producer/business mogul Diddy. Between his Bad Boy record label, Sean Jean clothing line, Blue Fame Agency, and deal with Diageo’s Circoc vodka, Diddy earned about $50 million this past year.
That number will surely rise once he makes his cable television debut with Revolt TV this fall thanks to Time Warner and Comcast.
A mere-7 million difference puts Jay-Z in the No. 2 spot. Hov earned $43 million this year. His new album, Magna Carta Holy Grail, went platinum a month before its July release when Samsung spent $5 million to buy $1 million copies of it to give to its users for free. That, combined with his Roc Nation label, Armand de Brignac champagne deal and many other business ventures keep the money flowin’.
Closing out the top five was Dr. Dre at No. 3 , earning $40 million; Nicki Minaj, the only female on the list, at No. 4 with $29 million; and Birdman at No. 5 with $21 million.
The Cash Kings list tracks pretax earnings for all living artists whose work is primarily classified as hip-hop or rap. Touring, record sales, publishing, merchandise sales, endorsements, and other ventures are all calculated as well.