According to the Forbes Five list of wealthiest hip-hop artists, Sean "Diddy" Combs reigns supreme with an estimated net worth of $475 million. See who else made the list and how they stacked up against Mr. Combs inside, plus get the deets on Jay-Z's charity prize and the latest YBF giveaway...
In a recent report, Forbes magazine listed the five wealthiest hip-hop artists in the nation and ranked Sean "Diddy" Combs in the number one spot. Diddy comes out on top this year due to his interests in Sean John clothing, the Bad Boy Worldwide record label and his Diageo joint-venture vodka brand Ciroc bringing his estimated net worth up to $475 million.
Rap-mogul Jay-Z ranks a close second, with $450 million based on his interests in music, fashion and books. Dr. Dre ranks third with $125 million, while Curtis “50 Cent” Jackson, who had a nine-figure payday from the sale of Vitamin Water to Coca-Cola, is worth $100 million.
And guess who comes in fifth place? The "King of Bling" himself, Cash Money Records cofounder Bryan “Birdman” Williams is listed in fifth place, in a tie with 50 cent, with a net worth of $100 million.
The list itself is based on procedures used to calculate the list of the world’s billionaires. Experts looked at current holdings, past earnings, financial documents and had conversations with analysts, attorneys, managers and other industry players.
And in case you feel like Russell Simmons was overlooked, the list is limited to performers, which explains his absence.
And speaking of Jay-Z....
The "Hey Papi" rapper has teamed with CharityBuzz.com to auction off two court side seats for an upcoming New York Knicks game to benefit the Stephen Gaynor School in New York.
The tickets are valued at $20,000 and the winning bidder will have seats next to Jay-Z.
Fans can find out more information here.
The auction will run until March 30th.
And speaking of giveaways,
TheYBF.com's latest giveaway is for the Dirty Money flipcam. It's all going down on twitter so you must follow us on Twitter and include the hashtag #ComingHomeTour in your retweet to us to win. Enter today!
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