Jay-Z Dethrones Diddy to Become Forbes’ Richest Hip-Hop Act of 2018
Forbes unveiled its annual ranking of Hip-Hop’s Wealthiest Acts on Thursday, and Jay-Z tops the list with an estimated net worth of $900 million. His mind-boggling earnings knock Sean “Diddy” Combs from the No. 1 spot, a title he previously held for seven consecutive years.
Diddy trails behind with an equally impressive $825 million and Dr. Dre comes in third with $770 million, though there’s a steep drop off when it comes to the fourth and fifth richest rappers in the music industry. Drakeand Eminem profited $100 million each within the past year.
So what business ventures helped Jay-Z’s financial wealth increase by $90 million from 2017?
The outlet predicts the race to reach $1 billion is especially tight between Jay-Z and Diddy, a milestone that depends on the longevity of their various investments in beverage brands.