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Wednesday, 10 May 2017
Forbes releases list of 'Wealthiest Hip-Hop Artists in 2017'
Forbes released Wednesday its 2017 list of Hip-Hop’s Wealthiest Artists – these five artists have a combined net worth of approximately $2.57 billion.
Diddy, Jay Z and Dr. Dre continue their reign as hip-hop’s leading triumvirate of unfathomable financial success. Recently, Forbes unveiled their list of the five wealthiest artists in hip-hop and predictably, those three rapper-moguls topped their rankings.
Checking in at No. 1, just as he did last year, is Diddy. The Bad Boy Entertainment boss now has a net worth of $820 million, due in large part to his lucrative deal with Ciroc and his huge investment in the Revolt TV network. We see you Diddy.
Next up is Jay Z, who checks in with a whopping $810 million. Forbes notes Hov increased his wealth by 30 percent after Sprint’s $200 million investment reportedly put the value of his music-streaming service Tidal, at $600 million. According to Forbes, that’s more than 10 times what he paid for the company two years ago. Tidal took a lot of heat when it launched a couple of years ago, but it looks like Hov, as he so often does, will have the last laugh.
Checking in at No. 3 on the list is the great Dr. Dre, whose net worth stands at $740 million. The Beats-Apple deal he did a few years ago is still paying massive dividends, and it’s clear he’s doing nothing to squander his vast fortune. Who would’ve thought he’d get this far without dropping Detox?
Rounding out the top five are Birdman ($110 million) and Drake ($90 million), who, are still doing business together at Cash Money Records. In any case, it’s clear all five guys on Forbes‘ new list are balling out of control. All together, these dudes have a net worth of $2.57 billion.
SOURCE: http://www.xxlmag.com/news/2017/05/diddy-jay-z-forbes-hip-hop-wealthiest-artists-2017/
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