Wednesday 25 April 2012

P Diddy crowned wealthiest Hip Hop Artist

P Diddy
Los Angeles - P Diddy has been crowned the wealthiest artist in hip-hop for the second year in a row. The Hello Good Morning rapper - who has an estimated fortune of £344m - once again beat Jay-Z (£287m) to claim the top spot in a list compiled by Forbes magazine.

The music mogul's wealth is fuelled by his Sean John clothing brand, Bad Boy Worldwide record label, vodka brand Ciroc - a joint venture with drinks brand Diageo, Enyce clothing and Blue Flame marketing.

Jay-Z - who welcomed his first child Blue Ivy with wife Beyoncé Knowles in January - also has a range of lucrative financial interests, including a deal with Live Nation, his Watch the Throne tour with Kanye West, his 40/40 club chain and a stake in the New Jersey Nets basketball team.

 Forbes Magazine's five wealthiest artists:
1. P Diddy
2. Jay-Z
3. Dr Dre
4. Bryan 'Birdman' Williams
5. 50 Cent

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