Forbes has released their list of the top five wealthiest hip hop artist of 2013 and number 1 is not Dr Dre this year although he still ranks high on the list.
Sean “Diddy” Combs’ reign as hip-hop’s wealthiest mogul of 2013. No. 1 on the Forbes Five list of hip-hop’s wealthiest artists with an estimated net worth of $580 million. The bulk of revenue was generated from non-musical ventures, namely his deal with Diageo’s Ciroc. According to Forbes,“The Ciroc agreement entitles Diddy to eight-figure annual payouts and a nine-figure windfall of the brand is ever sold—and Ciroc’s value has never been higher”.
usinessman, check out “Empire State of Mind: How Jay-Z Went From Street Corner To Corner Office”).
No. 3 Dr Dre ($350 million) Legendary west coast hiphop producer Dre Dre was no. 1 last year yet maintains his slot on the list, Dre owes his fortune mostly to the success of his Beats by Dr. Dre headphones, which he co founded with record executive Jimmy Iovine in 2008. after selling 51% of the company to handset maker HTC for $300 million in August 2011, Dre and Jimmy bought back half of the half they sold—and their investment continues to soar in value with a whopping 65% market share of the premium headphone market. We’re sure that’s gonna change once the Daisey streaming venture grows, especially since they just secured $60 million dollars investors to the project.
No.4 Bryan “Birdman” Williams ($150 million) According to Forbes: Birdman’s net worth would be
well over $200 million if his ownership in the label wasn’t share, despite that, Cash Money “YMCMB” continues to flourish, with a roster that includes Drake, Nicki Minaj and Lil Wayne. Birdman is still looking for ways to diversify, launching the YMCMB clothing line and GT Vodka. We also recently reported that the label signed his and Lil Wayne’s daughters to a deal to distribute their book through Cash Money’s publishing.
No.5 Curtis “50” Jackson($125 million)He reaped a fortune from heavy sales of his music, merchandise, video games and books in the wake of his smash debut Get Rich or Die Tryin’—not to mention a massive haul from the sale of VitaminWater in 2007.’s trying to replicate the latter feat with companies like SMS Audio, his answer to Dr. Dre’s Beats, and SK Energy, which has its sights set on category leader 5-Hour
Related articles
- Forbes Again Names Diddy “Hip Hop’s Wealthiest Artist” (supermariobeatz.wordpress.com)
- Check Out Hip Hop’s Wealthiest 5 Artists 2013 (forbes) (graffitblog.wordpress.com)
- The Forbes Five: Hip-Hop’s Wealthiest Artists 2013 (highsnobiety.com)
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