Tuesday, June 21, 2011

Jay-Z & Diddy On Forbes’ 25 Highest Paid Musicians


Music moguls Jay-Z and Diddy have once again reigned supreme against their hip-hop competition becoming the only two rap acts to land spots on Forbes‘ 25 Highest Paid Musicians list.

According to Forbes, the numbers encompass all pretax income earned from May 2010 to May 2011, before subtracting agent and manager fees. The totals were compiled with the help of data from Pollstar, RIAA and others, as well as interviews with industry insiders including lawyers, managers, concert promoters, agents and, in some cases, the musicians themselves.

Earlier this year, Jay and Puff earned spots on Forbes‘ Top 5 Wealthiest Rappers list.
When it comes to net worth, Jay-Z is number two. The top spot goes to Sean “Diddy” Combs, who tops our accounting of rap’s richest with a fortune of $475 million, fueled by his interests in Sean John clothing, Bad Boy Worldwide record label and, most significantly, his Diageo joint-venture vodka brand Ciroc. Jay-Z ranks a close second, with $450 million. Super producer/rapper Dr. Dre ranks third with $125 million, fueled by past earnings generated from his own career and by helping to launch those of Snoop Dogg and Eminem. Curtis “50 Cent” Jackson, a onetime Dr. Dre protege who reaped a nine-figure payday from the sale of Vitamin Water to Coca-Cola, rounds out the top five in a tie with Cash Money Records co-founder Bryan “Birdman” Williams at $100 million.

#STILLSPENDING"BABY"$$$

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