Hip-Hop’s Richest: Diddy took the top spot from Jay-Z
In the list of the richest rappers in planet, which was reported by magazine Forbes, in 2010 there were changes. The top spot goes to Sean “Diddy” Combs, who tops our accounting of rap’s richest with a fortune of $475 million, fueled by his interests in Sean John clothing, Bad Boy Worldwide record label and, most significantly, his Diageo joint-venture vodka brand Ciroc. Jay-Z” Carter has had quite a career thus far he was Last year’s leader. In 2010 Jay-Z, dropped to second place with 450 million dollars. Followed by Dr. Dre (Andre Romell Young), whose fortune Forbes estimated at $ 125 million, and the fourth or fifth place was shared by 50 Cent (Curtis Jackson) and Birdman (Bryan Williams) at $ 100 million.
Though other hip-hop artists including Lil Wayne, Pharrell Williams, Rick Ross and others — not to mention pop sensation Bruno Mars, who penned Travie McCoy’s hit song “Billionaire” — frequently speak of ten-figure desires, we kept our list to five because of the lack of information available on the fortunes under $100 million.
As noted by Forbes, method of determining the richest is similar to the process of identifying the billionaires 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. Forbes consideres only performers, which is why hip-hop mogul Russell Simmons isn’t on this list of frames.
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