World's Richest hip-hop artiste
World's Richest hip-hop artiste

For years, Forbes list of hip-hop’s wealthiest artists has been composed of the same five figures—Birdman, Diddy, Dr. Dre, Jay Z and 50 Cent. Butthere is a change in 2016 list.

To compile the Forbes Five list, the same procedures used to calculate Forbes list of the world’s billionaires are followed; looking at past earnings, valuing current holdings, leafing through real estate records and talking to analysts, attorneys, managers, venture capitalists and some of the moguls themselves to find the details.

Here’s is Forbes five wealthiest hip-hop artists in 2016

1. Sean “Diddy” Combs ($750 million)
Call him Puff Daddy or Diddy—either way, he lived up to the name of his 2015 mixtape MMM (for alter ego Money Making Mitch), thanks mostly to his agreement with Diageo’s Ciroc vodka.
Also valuable: stakes in his TV network Revolt, clothing line Sean John and alkaline water Aquahydrate.

READ ALSO  Bayelsa guber: PDP accuses APC of writing result ahead of final election

2. Andre “Dr. Dre” Young ($710 million)
Two years ago the superproducer’s Beats By Dr. Dre sale got him the largest one-off payday of any living musician in history; last year’s biopic Straight Outta Compton padded his coffers, too. Now he’s sitting on a nine-figure cash stash—and a jaw-dropping portfolio of southern California real estate—that even a billionaire would envy.

3. Shawn “Jay Z” Carter ($610 million)
The Brooklyn-born rapper boasts a broad range of holdings, but this year it’s his Tidal streaming service driving the growth of his fortune. The company has had its share of growing pains, but with 3 million paid subscribers, it’s now worth an estimated three times more than its $56 million purchase price.

READ ALSO  Nigerian-born Angie Nwandu is 20th most influential person on Internet

4. Bryan “Birdman” Williams ($110 million)
The Cash Money chief moves up a spot despite the dip in his fortune, down from $140 million last year thanks to turmoil in his empire.Lil Wayne, Cash Money’s flagship artist, has slowed his once-frenetic release pace; rumors of his departure, along with fellow top acts Drake and Nicki Minaj, continue to swirl (a Cash Money rep says all are signed to multiple-album deals).

5. Aubrey Drake Graham ($60 million)
Known to the world by his middle name, the Toronto native once said he planned to make $250 million by the time he was 29.He’s got a ways to go, but he’s on the right track with income from touring, music and deals with Nike, Sprite and Apple. The final spot on this year’s Forbes Five? Not a bad 30th birthday present.

READ ALSO  Assailants stab 2 primary school pupils in Kano

Drop-off: Curtis “50 Cent” Jackson
After scoring $100 million on the sale of Vitaminwater in 2008, 50 was a Forbes Five mainstay for years. He tried to repeat his investment feat with SMS headphones, Effen vodka and Frigo underwear, but his music career stagnated and he burned through cash more quickly than FORBES anticipated.
A series of multimillion-dollar lawsuits sent him into bankruptcy last year—and off the list for the forseable future.

Ad:See How you can turn $500 into $10,000 Click HERE For Details.