With the recent announcement of his new status as Hip Hop’s first billionaire, its no surprise that Jay Z tops Forbes’ “Richest Rappers” list. But the competition is fierce amongst Hip Hop’s elite. In their annual list, Dr. Dre, Diddy, Kanye West and Drake join Hov as the cash kings.
1. JAY-Z – $1 billion
2. Dr. Dre – $800 million
3. Diddy – $740 million
4. Kanye West – $240 million
5. Drake – $150 million
Here’s a breakdown of where all these millions come from for each of these artists.
JAY Z: $310 Million from his Armand de Brignac champagne deal
$220 Million for cash & investments in companies like Uber
$100 million from D’usse Cognac
$100 million from TIDAL.
- to name a few.
DR. DRE: $500 Million from his Beats by Dr. Dre headphone line deal with Apple
DIDDY: $740 Million from his cable network, Revolt, Sean John clothing line, and Ciroc
KANYE: In addition to music sales & concerts, Ye’s partnership with addias has brought in millions as well.
DRAKE: The youngest on the list, Drake’s fortune is fueled by real estate investments, his Virginia Black whiskey, plus his tour and residency at XS Nightclub in Las Vegas.