Diddy tops the Forbes list of wealthiest hip-hop artists, with a fortune of some $475 million. Jay-Z comes in second, weighting in at a nifty $450 million.
Both artists have expanded well beyond music, with fashion and beverage lines, book deals and restaurants rounding out their vast empires.
Here in Atlanta of course is Diddy’s restaurant, Justin’s, in Buckhead. Jay-Z is said to be in talks to launch an upscale airport lounge at Hartsfield-Jackson, and recently met with Atlanta Mayor Kasim Reed. Here’s the story we posted about that at the time.
Forbes applied the same rigor to compiling the hip-hop list as it does in tallying the globe’s richest billionaires, “valuing current holdings, looking at past earnings, leafing through financial documents and talking to a bevy of analysts, attorneys, managers and other industry players to find the nitty-gritty details.”
Only hip-hop performers, as opposed to recording giants such as Russell Simmons, were considered for their list.
Completing the top-five list were Dr. Dre, Bryan “Birdman” Williams and 50 Cent. Click here for the link to Forbes’ story.
- Jennifer Brett/The Buzzfirstname.lastname@example.org