Forbes have announced their top 5 wealthiest Hip Hop entrepreneurs for 2013 with Diddy topping the list. Sean Combs was estimated to be worth $580m thanks to his Ciroc vodka and other business ventures. The usual suspects of Jay-Z, Dr Dre, 50 Cent and Birdman also made the list.
The race to a billion dollars continues. Who do you think will reach that milestone first? Dr Dre and Jimmy Iovine are currently working on a new Beats music subscription service which has the potential to be huge. Could this propel him to the top?
Check out the Top five below with their respective estimated net worth.
1. Diddy $580 million
2. Jay-Z $475 million
3. Dr. Dre $350 million
4. Birdman $150 million
5. 50 Cent $125 million
Despite not releasing an album in over a decade, Dr. Dre takes the #1 spot in Forbes‘ Highest-Paid Musicians 2012 List. The super-producer surpasses rock star legends, pop artists and fellow rappers.
The 47-year-old hip-hop mogul earned $110 million based largely on his highly popular Beats by Dr. Dre headphones line. He took in a reported $100 million pretax when handset maker HTC paid $300 million for a 51 percent stake in the company last year – big bucks!!! He and his partners later bought back half of what they sold.
Also on the list are Rihanna at#12 making $53 million, Diddy tied with Katy Perry at #15 making $45 million and Beyonce and Jay-Z shortly after. Check out the complete list below.
Anyone you’re surprised who didn’t make the list? 25 Highest-Paid Musicians List
Zack O’Malley Greenburg from Forbes Magazine speaks to AlLindstrom.com about how he came up with the Hip Hop Cash Kings list, how it’s calculated and who he thinks will make the list next year.
He also talks about the race to a billion and thinks Kanye could be in with a shot. Do you think Kanye could overtake Diddy, Jay-Z and Dre in the race to a billion?
Dr. Dre was the only hip-hop act on Forbes’ highest paid celebrity list earning $110 million. On that list he came in at #5, but on Forbes’ Hip-Hop Cash Kings list, he blew everyone out. Dre came in at #1 with $110 million. His closest competitor was Diddy at #2 with $45 million. Jay-Z, Kanye, and Lil Wayne rounded up the top 5. YMCMB took the 5th, 6th, 7th, and 8th spots. See the full list after the break.
Haters say Dre fell off, how? He made $110 million this past year. The Doc came in at #5 on Forbes’ annual highest paid celebrity list. Like always, Oprah topped the list at $165 million.
Zack O’Malley of Forbes breaks down hip-hop’s wealthiest moguls. As you may have already heard, Diddy topped the list with $550 million. Jay-Z, Dr. Dre, Birdman, and 50 Cent then followed.