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As noticed on Selection Journal, the record for Hip-Hop’s greatest cash makers have shifted this yr. Based on former Forbes journalist Zack O’ Malley Greenburg Jay-Z and Sean “Diddy” Combs at the moment are the style’s prime earners; so as. The author detailed his findings on his Zog Weblog web site.
“Jay-Z reclaims the highest spot on the record as his fortune will increase to $1.5 billion—a private finest—buoyed by the success of a diversified empire, with investments in the whole lot from data to actual property and spirits to startups,” he wrote.
Greenburg additionally offers additional context on why Diddy carried out so effectively financially this yr. “The worth of his extremely resilient Cîroc partnership with Diageo—which features like an fairness stake whereas creating money flows for Diddy within the neighborhood of $60 million yearly—continues to account for the majority of his fortune,” he defined.
“The success of different property together with DeLeón tequila (he owns half) and Revolt (he’s the bulk shareholder), in addition to his music catalog, startup investments, and a substantial assortment of worldly possessions, have lastly pushed the impresario into ten-figure territory.”
He additionally confirms the current headlines that Kanye West has seemingly misplaced his billionaire standing resulting from his antisemitic rants. The Chicago, Illinois native got here at third with an estimated worth of $500 million. New to the record is hashish pioneer Berner whose Cookies label is among the most wanted and bootlegged manufacturers available on the market. He’s ranked at 4 and has an estimated value of $410 million. Dr. Dre rounds the highest 5 with earnings near $400 million.
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