Forbes has named Diddy the wealthiest hip-hop artist of 2012. For the second year in a row Mr. Combs topped the list above the likes of Jay-Z, 50 Cent, and other usual suspects.
The Bad Boy Records head netted $550 million last year, putting him one step closer to becoming hip-hop's first billionaire. Among the business collaborations fattening his pockets include his partnership with Ciroc vodka, his Sean Jean clothing line, and the Blue Fame marketing agency. The 42-year-old is also planning to follow in the footsteps of Oprah Winfrey, by launching his own network next year, which likely keep him on the Forbes' list for years to come.
Jay-Z comes in second, while Dr. Dre, Birdman and 50 Cent rounding out the list.
1. Diddy: $550 Million
2. Jay-Z: $460 Million
3. Dr. Dre: $270 Million
4. Birdman: $125 Million
5. 50 Cent: $100 Million
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