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This Article is From Mar 12, 2011

Diddy Named Richest Hip-hop Artiste By Forbes

Diddy Named Richest Hip-hop Artiste By Forbes
Los Angeles: Sean Combs aka Diddy has topped Forbes magazine's 2011 list of Wealthiest Hip-HopArtists, closely followed by rap moguls, Jay-Z and Dr Dre.

With a whopping fortune of $ 475 million, Diddy'snet worth is attributed to his Sean John clothing line and Bad Boy Worldwide record label. The 41-year-old's largest profit comes from his deal with vodka brand Ciroc.

"I was on the cover of Forbes back in '98. I been on that list. I don't really get caught up into the list. I think people think that I have that money actually sitting at home in the basement (sic)," Diddy said. "It helps inspire people and it shows the power ofhip-hop," he added.

Jay-Z, whose net worth totals $ 450 million from his Roc Nation label, fashion line and advertising, grabbed the second spot. Dr Dre ranked third on the list with a bank account, worth USD $ 125 million, rendered by his own solo career as well launching those of Snoop Dogg and Eminem.

Forbes' list of Hip-Hop's Wealthiest Artists rounds out with a tie between Curtis 50 Cent Jackson and Birdman at USD $ 100 million. While 50 Cent took home a hefty paycheck for the sale of his shares in Vitamin Water to Coca-Cola, Cash Money Records co-founder Birdman continues to rake in the moolah from his Young Money-Cash Money artist roster, which includesNicki Minaj, Drake and Lil Wayne.
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