Music mogul Dr. Dre has the rap game on smash after toppling this year’s Forbes Hip Hop Cash Kings list with over $600 million.
The financial publication unleashed its Top 20 list Tuesday (September 23).
1. Dr. Dre – $620 million 2. Jay Z – $60 million (tie) 2. Diddy – $60 million (tie) 4. Drake – $33 million 5. Macklemore & Ryan Lewis – $32 million 6. Kanye West – $30 million 7. Birdman – $24 million 8. Lil Wayne – $23 million 9. Pharrell Williams – $22 million 10. Eminem – $18 million (Forbes)
You’ll never guess where Nicki Minaj placed on the rest of this list…
Young Money’s Nicki Minaj and G-Unit head 50 Cent also landed on the list.
11. Nicki Minaj – $14 million 12. Wiz Khalifa – $13 million 13. Pitbull – $12 million 14. Snoop Dogg – $10 million 15. Kendrick Lamar – $9 million 16. Ludacris – $8 million (tie) 16. Tech N9ne – $8 million (tie) 16. Swizz Beatz – $8 million (tie) 16. 50 Cent – $8 million (tie) 20. Rick Ross – $7 million (tie) 20. J. Cole – $7 million (tie) 20. DJ Khaled – $7 million (tie) 20. Lil Jon – $7 million (tie) 20. Mac Miller – $7 million (tie) (Forbes)
The publication credited Dre’s popular Beats By Dre headphones franchise for helping him jump over his competition.
Dre has been racking up plenty of other financial accomplishments. His latest: capturing this year’s hip-hop cash crown with pretax earnings of $620 million. Not only is that the highest annual total of any entertainer ever evaluated by FORBES, it’s more than the combined earnings of all 24 of his companions on the 2014 Hip-Hop Cash Kings list. “It’s safe to say headphones is a good business,” says DJ Khaled, who makes his debut at No. 20 with estimated earnings of $7 million. (Forbes)
In 2013, music mogul Diddy laughed off just how many zeros were in his bank account despite topping Forbes’ Cash Kings list almost yearly.
“I really can’t deny how humbling and how proud I am to be from Harlem, New York, be from the inner city and to be on the Forbes list,” Diddy said in an interview when asked if he would become hip-hop’s first billionaire. “I can’t deny that. But it doesn’t define me, if I become a billionaire or whatever the status is of what I’m worth. First of all, I do want to say to the Forbes cameras, I actually don’t, I want to tell you the truth. I actually don’t have that money in the bank, that’s saying how much I’m worth. So I don’t have that money in the bank. I want to make sure y’all are clear on that. I have no problem with saying that. If that pushes me down on the list, I’m okay with that.” (Forbes)
Last fall, Jay Z downplayed the importance of being motivated by money.
Jay knows to the penny how much money he has, he tells Robinson, but won’t divulge the amount; when told that Forbes estimated his net worth at around $500 million, he dismisses it as a “guesstimate” and says he’s not motivated by money. “I’m not motivated by that. . . . I don’t sit around with my friends and talk about money, ever. On a record, that’s different.” (Vanity Fair)