Forbes released its annual list of hip hop’s wealthiest individuals. Jay Z topped the list with a reported net worth of $1 billion. Earlier this month Jigga became hip hop’s first billionaire thanks to his lucrative business dealings.
Right behind Jigga is Dr. Dre who reportedly has a net worth of $800 million. Although initially believed to be hip hop’s first billionaire after selling Beats by Dre to Apple in 2014, Forbes estimates that Dre took home “a little over $500 million” from that deal.
Diddy came in at No. 3 on the list with an estimated net worth of $740 million. REVOLT, his Sean John clothing line, and Ciroc vodka puts Diddy at number 3.
Rounding out the Top 5 wealthiest hip hop artists are Kanye West and Drake. West made his debut on the list at No. 4 with an estimated net worth of $240 million, mostly attributed to his successful partnership with Adidas.
Meanwhile, Drake’s fortune reportedly grew 50% over the past year thanks to real estate investments and his Virginia Black whiskey. Drake also earned his estimated $150 million net worth through touring and a residency at the XS Nightclub in Las Vegas.
Congrats.
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