Sean 'P. Diddy' Combs has been named 2015 World's Highest Paid hip hop act by Forbes. The business mogul beats fellow star Jay Z and Drake to rank on top of this year's richest list.
ADVERTISEMENT
Forbes names rapper world's highest paid hip hop musician in 2015
Diddy beats Jay Z, Drake, Dr. Dre and Eminem to lead this year's Forbes' List of the Highest Paid Hip Hop artiste with an estimated $60m from June 2014-2015
Sean 'Diddy' Combs
Read More:undefined
According to Forbes's calculations, the 45-year-old raked in an estimated $60 million between June 2014 and June 2015 from investments outside of music, such as his TV network, Revolt and Ciroc Vodka.
Following Diddy is rap super star Sean 'Jay Z' Carter. The 45-year-old founder of Roc Nation music group, earned an estimated $56 million from business ventures in music, sports and lifestyle. His 22 shows with his wife, singer Beyonce, also helped boost his earnings.
ADVERTISEMENT
Canadian rapper Drake, 28, came in at No. 3 with $39.5 million, the bulk of which came from touring, as well as high profile endorsements from Sprite and Nike.
Nicki Minaj was the only woman to crack into the top ten of the highest paid hip hop acts, coming in at No. 9 with $21 million from touring and endorsements.
Read More: undefined
Forbes used the pre-tax income figures from factors such as record sales, touring, streaming and endorsements to calculate its list. They also used data from Nielsen SoundScan, the Recording Industry Association of America (RIAA) and interviews with managers, lawyers and in some cases, the artists themselves.
ADVERTISEMENT
Other hip hop moguls in the top ten, all of which hail from North America and Canada, include Beats co-founder Dr. Dre and rappers Eminem and Kanye West.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.com.gh
Recommended articles
SM records issues contradictory statement to Shatta Wale's reply to GSPD
Afronita left DWP because her mother couldn't endure Endurance - Quables (VIDEO)
Counselor urges Shatta Wale to include psychologist in his management team
Lil Win bans Kwadwo Sheldon, Mr. Logic, others from attending his movie premiere
Funny Face: Mother of accident victims consoles him to forgive himself (VIDEO)
Afia Schwarzenegger calls out High Court judge who slept with her to give her job
Okyeam Kwame eyes Artiste of the Year award again
Court orders Mohbad's wife to allow DNA test on their son
