Sean “Diddy” Combs ranks first on this year’s Forbes Five–a list of the wealthiest hip-hop artists that appeared in the May 25th, 2015 issue of FORBES magazine. They’ve all had successful careers in music, but it’s their outside business ventures that were most instrumental in creating their fortunes.
Name:
Sean “Diddy” Combs
Age:
45
ADVERTISINGhttp://hiphopdx.com/news/id.33720/title.puff-daddy-dr-dre-top-forbes-hip-hops-wealthiest-artists-list
Estimated Net Worth:
Puff Daddy & Dr. Dre Top Forbes' "Hip Hop's Wealthiest Artists 2015" List
Forbes 2015 list looks strikingly similar to last year's rankings, which included the same five moguls.
Forbes has unveiled this year's "Forbes Five," an annual ranking consisting of Hip-Hop's wealthiest artists.
Each Hip Hop mogul on the list owns assets in a variety of industries.
Forbes 2015 list included the same five moguls as the 2014 list.
Jay Z held onto the third spot this year, coming in with a net worth of $550 million, largely due to performances and his Roc Nation endeavors.
50 Cent moves up to the four spot this year, with a net worth of $155 million. Fif's deals with Frigo underwear, Effen Vodka and his SMS audio company kept him on the list.
Cash Money Records CEO Birdman's net worth is at $150 million – $10 million less than his value on last year's "Forbes Five" where he finished ahead of 50 Cent. Birdman's ongoing feud with Lil Wayne and rumors of his departure hurt the mogul's finances, Forbes said.
The "Forbes Five" incorporates artist's past earnings, current holdings, financial documents and analysis from attorneys, managers, or other industry players. Some of the moguls themselves contribute to the calculations.
Check out the 2015 "Forbes Five" below:
1. Diddy - net worth: $725M
2. Dr. Dre - net worth: $700M
3. Jay Z - net worth: $550M
4. 50 Cent - net worth: $155M
5. Birdman - net worth: $150M
For more Puff Daddy coverage, watch the following DX Daily:
Each Hip Hop mogul on the list owns assets in a variety of industries.
Puff Daddy, who topped the "Forbes Five" for the second-year-in-a-row,
owns a media entity (Revolt), has a deal with Diageo's Ciroc and
recently launched the fitness water Aquahydrate. His net worth is listed
at $725 million by the financial publication.
Dr. Dre ranked second on the 2015 list, despite his mammoth paycheck from the sale of Beats. Dre's net worth is reportedly $700 million.Forbes 2015 list included the same five moguls as the 2014 list.
Jay Z held onto the third spot this year, coming in with a net worth of $550 million, largely due to performances and his Roc Nation endeavors.
50 Cent moves up to the four spot this year, with a net worth of $155 million. Fif's deals with Frigo underwear, Effen Vodka and his SMS audio company kept him on the list.
Cash Money Records CEO Birdman's net worth is at $150 million – $10 million less than his value on last year's "Forbes Five" where he finished ahead of 50 Cent. Birdman's ongoing feud with Lil Wayne and rumors of his departure hurt the mogul's finances, Forbes said.
The "Forbes Five" incorporates artist's past earnings, current holdings, financial documents and analysis from attorneys, managers, or other industry players. Some of the moguls themselves contribute to the calculations.
Check out the 2015 "Forbes Five" below:
1. Diddy - net worth: $725M
2. Dr. Dre - net worth: $700M
3. Jay Z - net worth: $550M
4. 50 Cent - net worth: $155M
5. Birdman - net worth: $150M
For more Puff Daddy coverage, watch the following DX Daily:
Source:
Music, Spirits, Clothing, Media, Startups
Recommended by Forbes
Though Mr. Combs hasn’t yet had a Beats-level exit, he might soon, courtesy of huge stakes in TV network Revolt, clothing line Sean John, alkaline water brand Aquahydrate and tequila DeLeon. Among his other ventures: a deal with Diageo ’s Ciroc that entitles him to eight-figure annual payouts and a nine-figure windfall if the brand is ever sold.
Additional Reading:Arnaud Massartic Net Worth Arnaud Massartic Forbes Arnaud Massartic Wiki Arnaud Massartic email
Liquid Asset: Inside Diddy, Mark Wahlberg and Ron Burkle’s Aquahydrate
I Want To Work For Diddy: Meet Sean Combs’ Real-Life Revolt Recruits
Diddy Explains New Diageo Joint Venture, DeLeón Tequila
Diddy Talks Cable Deal; Will It Make Him A Billionaire?
For more about the business of music, check out my Jay Z biography, Empire State of Mind. My next, Michael Jackson, Inc, will be published in June. You can also follow me on Twitter and Facebook.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.