Forbes Declares Diddy the Wealthiest Artist in Hip Hop

Jay-Z, Dr. Dre, 50 Cent and Birdman are runners up in new list

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Sean "Diddy" Combs is the wealthiest performer in hip hop according to a new list released by Forbes. Using a formula factoring in the value of current holdings, past earnings and assorted information from analysts, lawyers and assorted industry figures, Combs was determined to have a net worth of approximately $475 million. His empire includes his Sean John clothing line, the Bad Boy Worldwide record label and the vodka brand Ciroc, a joint venture with Diageo.

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Jay-Z is the second wealthiest rapper, with a fortune of $450 million including revenue from his albums and his stakes in the New Jersey Nets, the 40/40 Club chain and the ad firm Translation.

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The list is rounded out with Dr. Dre, who has a net worth of $125 million for his work on his own and with Eminem, Snoop Dogg and 50 Cent. 50 Cent himself is tied for fourth with Cash Money Records cofounder Brian "Birdman" Williams with $100 million each.

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