Combs, world’s highest paid musician
LOS ANGELES: Rapper Sean “Diddy” Combs was ranked the world’s highest-paid musician on Wednesday in an annual list that saw black artists take the top four spots.
Combs, who is also a hip-hop producer and entrepreneur, earned an estimated US$130 million for the year, according to Forbes, mostly from his Bad Boy Family Reunion tour and the sale of his Sean Jean clothing line.
Fellow American Beyoncé ranked second, with earnings estimated at $105 million from her Formation world tour and hit album Lemonade, while Canadian artists Drake ($94 million) and The Weeknd ($92 million) rounded out the top four.
British band Coldplay pulled in an estimated $88 million to take the no. 5 spot.
Forbes compiled the list after estimating pre-tax income for the 12 months from June 2016 to 2017 based on interviews with managers, agents, lawyers, interviews and data from Pollstar, the Recording Industry Association of America and tracking firm Nielsen. — Reuters