Jay Z may be valued at $810 million (yes, you read that right), but the hip hop mogul doesn’t run this town quite yet — that honor still belongs to Sean (Diddy) Combs.
Diddy has kept his place atop Forbes’ annual list of wealthiest hip hop artists with $820 million, the business magazine announced Wednesday.
The “Last Night” artist (and frequent name changer), 47, managed to rake in some serious cash in 2017 thanks to a lucrative deal with Ciroc vodka, and stakes in the TV network Revolt, alkaline water brand Aquahydrate and tequila DeLeon.
Shawn “Jay Z” Carter, meanwhile, comes in second with his fortune, which jumped 30% in the last year thanks to Tidal, the music streaming service he bought two years ago that is currently valued at $600 million. In addition to his fortune (and good fortune — he is married to Beyoncé and expecting twins, after all), Jay Z is a keen businessman, and owns the champagne Armand de Brignac and is the founder of entertainment company, Roc Nation.
Jay Z managed to top Dr. Dre, 52, for the first time since 2014, but don’t feel too bad for him — he’s still worth $740 million thanks to smart investments and that time he sold Beats to Apple for a cool $3 billion.
Though competition among the top three players is tight, it drops off after that to Bryan “Birdman” Williams, whose Cash Money Records houses Drake, Nicki Minaj and Lil Wayne, among others. Birdman is worth $110 million.
Rapper Drake, 30, snags the fifth spot with $90 million thanks to successful records like 2016’s “Views” and endorsement deals with Apple, Nike and Sprite.
Janet Luke Jackson, I am a journalist,Entertainment reporter,I studied at Jos,NTA Television College Plateau state, did my I.T at NTA Headquarters Abuja, Sahara Fashion School Kaduna,Worked with national and international artiste,Now going wherever the news is.
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