Diddy tops Hip Hop ty­coon list

Lesotho Times - - Lifestyle -

LOS AN­GE­LES — Rap­per P Diddy has been named the world’s high­est-paid hip-hop star, ac­cord­ing to Forbes’ Hip-hop Cash Kings list.

Diddy, whose real name is Sean Combs, is said to have earned $60 mil­lion (about M831 mil­lion) over the past year, ac­cord­ing to the list re­leased on Tues­day, re­ports aceshow­biz.com. Although he rarely per­forms these days, Combs is best known for his al­bums in­clud­ing 2001 record The Saga Con­tin­ues and 2010’s Last Train To Paris — and he’s cur­rently work­ing on new mu­sic.

His earn­ings largely come from his ven­tures out­side the stu­dio, in­clud­ing his TV net­work Re­volt, his cloth­ing line Sean John, al­ka­line wa­ter brand Aquahy­drate and Ciroc vodka. The Last Night rap­per is also ready­ing for a new al­bum.

Trail­ing close be­hind Diddy is Jay-z with $56 mil­lion earned from his sold-out On the Run tour with his wife and singer Bey­oncé Knowles, as well as busi­ness ven­tures like his en­ter­tain­ment com­pany Roc Na­tion and Ar­mand de Brignac cham­pagne.

Drake has taken the third spot af­ter earn­ing $39 mil­lion from his 50 shows with a nightly av­er­age gross of nearly 1 mil­lion. Nicki Mi­naj was the only woman to break into the Top 10, tak­ing the ninth spot with earn­ings of $21m

While Dr Dre, last year’s No.1 with earn­ings of $620 mil­lion, the high­est an­nual tak­ings of any mu­si­cian ever thanks to Ap­ple’s record-break­ing $3 bil­lion pur­chase of his Beats brand, is down to fourth with an an­nual in­come of $32 mil­lion. How­ever, it is thought that tak­ings from his crit­i­cally- ac­claimed Comp­ton al­bum and the NWA biopic, Straight Outta Comp­ton, will likely make a big­ger con­tri­bu­tion to next year’s list, with the film tak­ing $157.5 mil­lion at the US box of­fice.

Forbes cal­cu­lated its list us­ing pre-tax in­come fig­ures from fac­tors such as record sales, tour­ing, stream­ing and en­dorse­ments us­ing data from Nielsen Sound­Scan, the Record­ing In­dus­try As­so­ci­a­tion of Amer­ica (RIAA) and in­ter­views with man­agers, lawyers and in some cases, the artists them­selves.

Top 10 List of Forbes’ High­est-paid Hip-hop Acts 2015:

1.P. Diddy - $60 mil­lion 2.Jay-z - $56 mil­lion 3.Drake - $39 mil­lion 4.Dr. Dre - $33 mil­lion 5.Phar­rell Wil­liams - $32 mil­lion 6.Eminem - $31 mil­lion 7.Kanye West - $22 mil­lion 8.Wiz Khal­ifa - $21.5 mil­lion 9.Nicki Mi­naj - $21 mil­lion 10.Bird­man - $18 mil­lion — Reuters.

Sean ‘P Diddy’ Combs earned $60 mil­lion in one year.

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