Posted in RAP NEWSMay 22, 2013
Diddy made a shocking announcement last week. In a series of tweets, the Hip-Hop mogul claimed that he would be appearing in British period drama series, “Downton Abbey”. It has since been revealed that the surprising news was no more than a joke on Diddy’s part. “I’m going to be making a big announcement in the next hour-im excited for yall to hear!” he tweeted on May 15. “I have to admit that Downton Abbey is one of my favorite shows- and thats why Im so excited today @DowntonAbbey,” he added.
Posted in RAP NEWSMarch 29, 2013
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.
Posted in RAP NEWSAugust 31, 2012
Chris Lighty, a hip-hop mogul who helped the likes of Sean “Diddy” Combs, 50 Cent and Mariah Carey attain not only hit records, but also lucrative careers outside music, was found dead in his New York City apartment Thursday in an apparent suicide. He was 44. He was found at his home in the Bronx with a gunshot to the head and was pronounced dead there, police said. No note was recovered, but a 9 mm handgun was found and there was no sign of forced entry, said Paul Browne, New York police spokesman. The shooting appears to be self-inflicted, authorities said.
Posted in RAP NEWSSeptember 26, 2011
In a move that will likely keep federal authorities off his back, T.I. is keeping things simple for his welcome home festivities. Rather than throw the usual nightclub blowout bash fit for a king, Tip is doing brunch with a few hundred or so friends.
According to TMZ, music mogul Sean “Diddy” Combs is planning a lavish welcome home brunch for his recently-released pal. The affair will take place at a private location in Atlanta. The 150 expected guests will be treated to bottles of Ciroc, $20,000 worth of food, $8,000 worth of desserts, and custom-made clothes from Tip’s clothing line AKOO.
The extravagant brunch will go down on Sunday, October 2, two days after T.I. is set free from an Atlanta halfway house.
Posted in RAP NEWSSeptember 23, 2011
In the high stakes battle for Hip Hop superiority, it appears that the two top money earners in the rap game – Shawn “Jay-Z” Carter and Sean “Diddy” Combs respectively – are in a quiet duel to become the first billionaires by way of their shared industry.
With various streams of revenue flowing for both savvy businessmen, some unrelated to music, the potential is vast for both men according to a recent analysis from Forbes magazine. However, another Hip Hop mogul believes he and his team will eclipse Jay-Z and Diddy in the money race all in due time.
CEO of Cash Money Records Brian “Birdman” Williams threw his and protégé Lil Wayne’s Young Money imprint names into the billionaire sweepstakes pot, defiantly stating that the YMCMB machine is well on its way to the top. “I think Young Money Cash Money would be the first billion-dollar brand in hip-hop,” said Birdman plainly in an email to Forbes referencing his label ventures. “We strong and growing every day as a brand and fast. Within the next few years we will be billionaires.”
“You get a
According to Forbes numbers, Diddy is at the halfway mark with an estimated net worth of $500 million, much of that tied up in Diddy’s business ventures such as his Sean John and Enyce clothing lines along with his stake in Ciroc vodka. Jay-Z is right behind his rich pal with assets that include a lucrative $10 million dollar Live Nation deal, the 40/40 club chain, cosmetic company Carol’s Daughter and his partial ownership of the New Jersey (soon to be Brooklyn) Nets amongst other deals. Continuing the dollar tally, only Dr. Dre and 50 Cent are within range for the coveted billionaire status.
Posted in RAP NEWSMay 20, 2011
The Young Money rapstress switches up her management team and links up with Gee Roberson and Kyambo “HipHop” Joshua.
More than a year after signing with Sean “Diddy” Combs and James Cruz as managers, Nicki Minaj is no longer associated with the business moguls. According to XXLMag.com, the Harajuku Barbie is now being managed by Gee Roberson and Kyambo “HipHop” Joshua from Hip-Hop Since 1978, which also manages Lil Wayne, Drake and more.
The news may be surprising for Lil’ Kim fans, as Roberson and Joshua previously served as A&Rs for Atlantic Records for her 2005 album The Naked Truth. The Queen Bee also made a similar move earlier this year by linking up with Fendi, who is credited with launching Nicki’s career.
Before Diddy, Nicki was managed by Debra Antney’s firm, but switched over after firing Antney in April 2010. Rumor has it that she expected Diddy to be more hands-on with her career, and decided to move on when she realized he wasn’t as involved as expected.