Allow JAY-Z to reintroduce himself to the No. 1 spot on the Forbes Five.
With an astounding net worth of $900 million, Hov dethrones Diddy for the first time on the list of “Hip-Hop’s Wealthiest Artists” since 2011, mostly due to his business endeavors with Roc Nation, TIDAL, Armand de Brignac champagne, and D’Ussé cognac, according to the report.
Usually Puff Daddy leads the list, but the Bad Boy mogul comes in at No. 2 this year with $825 million. “Tepid trends in the vodka and cable TV sectors have affected his interests in Ciroc and Revolt,” reads the report. “But heady growth at DeLeón tequila…and massive annual earnings totals in recent years…have kept his net word trending in the right direction.”
Dr. Dre rounds out the usual trio of cash kings with $770 million. This summer, his net worth could get a huge boost since he is in line to receive a piece of his Apple stock, reportedly worth more than $100 million. The Good Doctor is followed on the list by Drake and Eminem, who came in tied at $100 million each.
JAY-Z tops the list just months after his wife Beyoncé was named Forbes’ highest-paid woman in music. Queen Bey earned that distinction in November, after reportedly earning a colossal $105 million pre-tax.
FORBES 5: HIP-HOP’S WEALTHIEST ARTISTS 2018
1. JAY-Z – $900 million
2. Diddy – $825 million
3. Dr. Dre – $770 million
4. Drake – $100 million
5. Eminem – $100 million