Diddy & Jay-Z Land On Forbes’ 25 Highest Paid Musicians List

Written By S. Samuel

Music moguls Jay-Z and Diddy have once again reigned supreme against their hip-hop competition becoming the only two rap acts to land spots on Forbes' 25 Highest Paid Musicians list.

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While they both missed out in Top 10, Jigga and Puff shared the remainder of the list with R&B singers Beyonce, Usher and Rihanna.

1. U2 2. Bon Jovi 3. Elton John $100 million 4. Lady Gaga $90 million 5. Michael Buble ($70 million) 6. Paul McCartney ($67 million) 7. Black Eyed Peas ($61 million) 8. Eagles ($60 million) 9. Justin Bieber ($53 million) 10. Dave Matthews Band ($51 million) 11. Toby Keith ($50 million) 12. Usher ($46 million) 13. Taylor Swift $45 million) 14. Katy Perry ($44 million) 15. Brad Paisley ($40 million) 16. Tom Petty & the Heartbreaks ($38 million) 17. Jay-Z ($38 million) 18. AC/DC ($35 million) 18. Sean “Diddy” Combs ($35 million) 18. Beyonce ($35 million) 18. Tim McGraw ($35 million) 18. Muse ($35 million) 23. Rascal Flatts ($34 million) 24. Kenny Chesney ($30 million) 25. Rihanna ($29 million) (Forbes)

Earlier this year, Jay and Puff earned spots on Forbes‘ Top 5 Wealthiest Rappers list.

When it comes to net worth, Jay-Z is number two. The top spot goes to Sean “Diddy” Combs, who tops our accounting of rap’s richest with a fortune of $475 million, fueled by his interests in Sean John clothing, Bad Boy Worldwide record label and, most significantly, his Diageo joint-venture vodka brand Ciroc. Jay-Z ranks a close second, with $450 million. Super producer/rapper Dr. Dre ranks third with $125 million, fueled by past earnings generated from his own career and by helping to launch those of Snoop Dogg and Eminem. Curtis “50 Cent” Jackson, a onetime Dr. Dre protege who reaped a nine-figure payday from the sale of Vitamin Water to Coca-Cola, rounds out the top five in a tie with Cash Money Records co-founder Bryan “Birdman” Williams at $100 million. (Forbes)

Diddy later came forward and downplayed the recognition.

“To be honest, on that list, I was on the cover of Forbes back in ’98,” Diddy explained in an interview. “I been on that list. I don’t really get caught up into the list. I think people think that I have that money actually sitting at home in the basement…It’s really like if I sold all my companies, and I take pride in [building] something as a black man that’s worth that much…To everyone calling me for a loan today, I do not have that money today! … It helps inspire people and it shows the power of hip-hop.” (MTV)

Despite making it into the Top 5 list as well, Cash Money Records’ co-founder Baby recently argued his projected worth.

“I don’t know how they tally up,” Baby said in an interview with Uptown Angela referring to Forbes’ list.”To my knowledge I thought it was down. They said I made a $100 million dollars. I don’t know where they get that sh*t from. I’m banking in more than a $100 million. That’s a low number for a n*gga like me. But it’s cool. For anybody to recognize anything is respected. We know what to do. The goal in our life and my life is to be a billionaire. I’m flipping hundreds. I ain’t that far. I’m about eight steps.” (Urban Radio NO)

Check out a recent Diddy interview below:

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Written by S. Samuel

Steven Samuel is the co-founder of SOHH.com.

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