Whatever Sean “Diddy” Combs is going by these days, there’s one label sure to fit the hip-hop mogul: rich.
For the third year in a row, Diddy has topped Forbes’ list of wealthiest hip-hop artists.
What does it take to be number one, as Diddy’s colleague Curtis “50 Cent” Jackson, fifth on the list, might ask? A cool $580 million, at least in estimated net worth.
Most of Diddy’s dollars don’t come from his musical ventures, the magazine points out. Rather, he’s built up a fortune through lucrative ventures such as his deal with Diageo’s Ciroc vodka.
The Bad Boys Records founder hasn’t slowed down since he was first crowned hip-hop’s richest by the magazine in 2011. In fact, his estimated worth has bumped up considerably from when he first entered on the chart at $475 million.
Rapper Jay-Z landed second on the list, with a net worth of $475 million, also keeping the spot he had in 2012. Andre “Dr. Dre” Young ranks third with, $350 million, followed by Cash Money Records founder Bryan “Birdman” Williams, with $150 million and 50 Cent with $125 million.
Of the five artists listed, Dr. Dre has seen the greatest increase in wealth over the past year, up $90 million for his investment in Beats Electronics headphones.
Diddy, meanwhile, isn’t resting on his monied laurels. The “It’s All About the Benjamins” singer has just launched a line of bottled water, AQUAhydrate, with actor Mark Wahlberg.