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“Listen. All Forbes needs to worry about is my finances and when I’m going to be selling Myx Fusions for $250 million. That’s all they need to worry about. We rely on hip-hop connoisseurs and blogs for that kind of information. So we appreciate it, but no thank you.”
Back in 2007, Sean “Diddy” Combs teamed with Jay Z and 50 Cent to create a song titled “I Get Money: Forbes 1-2-3 Billion Dollar Remix.” Less than a decade later, rappers are closing in on ten-figure fortunes, and he’s the nearest of the bunch.
Diddy leads the pack with an estimated fortune of $700 million, an increase of $120 million over his net worth last year. The change comes largely from the addition of Revolt TV—the new, music-focused, multi-platform channel of which he’s the majority owner—to his already-hefty portfolio.
Diddy has plenty of competition in the race to $1 billion. His top challengers are Dr. Dre, who ranks second with $550 million, and Jay Z, in third place with an estimated $520 million. The former leapfrogged the latter on this year’s Forbes Five thanks to a large stake in Beats By Dr. Dre, which he cofounded with Interscope chief Jimmy Iovine in 2008.
The company controls an astounding two-thirds of the premium headphone market, with annual sales reportedly in excess of $1 billion and growing. Private equity firm Carlyle invested $500 million for a minority stake last year, pushing Beats’ value past $1 billion and likely closer to $2 billion.
“Beats has a unique brand—it speaks to a nice young demographic, which is really interesting to marketers,” says Peter Csathy, former president of Musicmatch, an early digital music purveyor acquired by Yahoo YHOO +0.11% in 2004 for $160 million. “When I think about Beats, I think about it as a lifestyle, I think of it as a media company, not just a hardware and music-focused company.”
Jay Z’s fortune continues to grow at a healthy clip, too. He’s made multiple nine-figure deals in the past, including his $204 million Rocawear sale in 2007 and his $150 million pact with Live Nation in 2008. But much of his recent growth comes from Roc Nation, his record label and management firm that recently added a sports agency. The outfit gets a single-digit cut of pacts like Robinson Cano’s $240 million monster agreement.
Bryan “Birdman” Williams, whose net worth would be over $300 million if he didn’t share his fortune with brother Ronald “Slim” Williams. The duo cofounded Cash Money Records two decades ago; Cash Money continues to grow with a roster that includes Drake, Nicki Minaj and Lil Wayne. Birdman has also diversified with Cash Money Content, GT Vodka and the YMCMB clothing line.
Rounding out the list is 50 Cent, who owes most of his fortune to his $100 million haul from the sale of Vitaminwater in 2007. Now he’s trying to repeat the feat with companies like SMS Audio and SK Energy beverages. In the meantime, he’ll reboot his music career by taking his G-Unit Records independent and releasing new album Animal Ambition in June.Culled from Forbes.
The list of the 2013 highest paid musicians in the world has been released by Forbes and +Madonna reigns supreme while +Lady Gaga follows suit . The 'Material Girl' surpassed singer Lady Gaga and veteran rockers Bon Jovi as the highest-paid musician in 2013. See the top 10 highest paid (from June 2012-June 2013) below .. and YAY! my fav rock ban which is +Coldplay made top 5 .. 
Diddy tops this year’s Forbes list of hip-hop’s top earners, pulling in $50m over the past 12 months - June 2012 - 2013. See the top 20 highest paid hip-hop artists below...
1. Akon – CEO of Konvict Music, opened doors with other African artiste.2. Don Jazzy – Producer. CEO Mavin Records, influential producer, MTN, Samsung and Loya Milk endorsement. D’Banj, Kanye West, Beyonce and Jay Z on production credit.3. P-Square – Music Duo. Featured on Forbes Africa twice, sold out concert, presidential guest in at least 5 African countries.4. D’Banj – Music Artiste. International music brand, GOOD Music deal, Sony Entertainment deal.5. Wizkid – Music Artiste. EME artiste, Starboy CEO, affiliation with Disturbing London, several international collaboration, highest paid Pepsi ambassador in Africa, ambassador of MTN.
