Diddy is still the richest rapper on the planet, at least according to Forbes magazine.
Forbes has released their list of the top five richest hip hop artists for 2017 and Diddy landed right on top for the seventh consecutive year. The New York native, who is on track to become a billionaire, is estimated to have a net worth of $820 million. Well, damn.
According to the publication, Diddy’s deals with Diageo’s Ciroc, Aquahydrate, DeLeon Tequila and the 2013 launch of his network Revolt, keeps him ranked at number one.
It was a tight race between Diddy and Jay Z, who fell in at number 2. Per the mag, Jay’s estimated net worth is a cool $810 million. So what’s the catalyst behind the bank roll? The rapper’s label Roc Nation, of course his No. 1 selling albums and Tidal, which is apparently valued at $600 million.
Dr. Dre always makes the list; this year, however, he fell in at number 3. Dre’s biggest payday was back in 2014 when Apple purchased Beats by Dre for a cool $3 billion. His net worth is now $740 million.
This might be shocking, but Birdman is still ranked in the top five, now holding the number 4 spot with a net worth of $110 billion. Birdman’s success is largely due to Cash Money Records, the home of Drake, Nicki Minaj and Lil Wayne.
Coming in at number five, Drake, whose net worth is $90 million, all thanks to touring and his deals with Nike, Apple and Sprite.