Monday, March 14, 2011

Forbes lists P-Diddy as Hip-Hop's richest man

Forbes has named US rapper and entertainment mogul Sean John Combs better known as Diddy as ‘hip-hop’s wealthiest artiste’.

Diddy who over the years has successfully run his Bad Boy Records label imprint, has also ventured into other areas such as fashion (Sean John Clothing), movie production and most recently his Diageo joint-venture vodka brand Ciroc. All these plus other side ventures take the 41 year old to the top of the list with  $475 million.

In similar fashion, Brooklyn MC Jay Z who has topped the list for the last three years, closely follows Diddy in second place with $450 Million. Other than his record sales that are close to 50 Million, Jay Z’s investments in his record label, fashion, cuisine and advertising have bolstered the rappers successful career.

The list continues with producer Dr. Dre in third place with $125 Million, while 50 Cent and Birdman tie at fourth with $100 Million.

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