Once again, Diddy tops the “Forbes Five,”, the annual ranking consisting of Hip-Hop’s wealthiest artists.
Each Hip Hop mogul on the list owns assets in a variety of industries. The “Forbes Five” incorporates artist’s past earnings, current holdings, financial documents and analysis from attorneys, managers, or other industry players. Some of the moguls themselves contribute to the calculations.
Puff Daddy, who topped the “Forbes Five” for the second-year-in-a-row, owns a media entity (Revolt), has a deal with Diageo’s Ciroc and recently launched the fitness water Aquahydrate. His net worth is listed at $725 million by the financial publication.
Dr. Dre is ranked second on the 2015 list, despite his mammoth paycheck from the sale of Beats. Dre’s net worth is reportedly $700 million. Forbes 2015 list included the same five moguls as the 2014 list.
Jay Z held onto the third spot this year, coming in with a net worth of $550 million, largely due to performances and his Roc Nation endeavors.
50 Cent moves up to the four spot this year, with a net worth of $155 million. Fif’s deals with Frigo underwear, Effen Vodka and his SMS audio company kept him on the list.
Cash Money Records CEO Birdman‘s net worth is at $150 million – $10 million less than his value on last year’s “Forbes Five” where he finished ahead of 50 Cent. Birdman’s ongoing feud with Lil Wayne and rumors of his departure hurt the mogul’s finances, Forbes said.
Check out the 2015 “Forbes Five” below:
1. Diddy – net worth: $725M
2. Dr. Dre – net worth: $700M
3. Jay Z – net worth: $550M
4. 50 Cent – net worth: $155M
5. Birdman – net worth: $150M