Dr. Dr e is king of hip­hop

Weekend Witness - - News -

With $6 20 mil­lion ( around R7 bil­lion) in e sti­mated pr e­tax earn­ings, v eteran r ap­per and record pr oducer Dr Dr e t opped Forbes list as the high­est paid hiphop artist, oust­ing Sean “Diddy” Combs fr om the t op spot.

Forbes said Dre’s es­ti­mated an­nual earn­ing s f or the 12 months be­tween June 2013 and 201 4 are the high­est of any mu­si­cian in any genre it has e ver e val­u­ated, and more than the c om­bined tak­ings of the other 24 names on the hiphop lis t r eleased on T ues­day.

Much of the 49­year­old’s earn­ings this year came thanks to the $3 bil­lion sale t o Ap­ple of the Beats high­end head­phone c om­pany he founded with mu­sic ex­ec­u­tive Jimmy Iovine and other fi­nan­cial v en­tures, in­clud­ing c ognac and v odka br ands.

Combs ( 44) tied f or sec ond place with J ay­Z ( 44) with $60 mil­lion, with earn­ing s fr om drinks, cloth­ing and t ele­vi­sion deals. Jay­Z, who toured with his wife, B ey­oncé, f or the fir st time with their “On the Run” con­certs, pulled in mone y fr om lucr ative per­for­mances, his lat est al­bum and his Roc Na­tion en­ter­tain­ment em­pire, which as­sured him a place in the t op fi ve.

Drake (27) came in fourth with $33 mil­lion with tak­ings from his al­bum Noth­ing Was the Same, an en­dorse­ment deal with sport swear firm Nike and a con­cert tour.

Grammy­win­ning duo Mack­le­more & Ryan Lewis rounded out the t op fi ve with $ 32 mil­lion.

Forbes looked at inc ome fr om record sale s, pub­lish­ing , mer ­ chan­dise sales, tours and en­dorse­ment deals and talked to man­agers, agents, lawyers and some of the artis ts. — R euters.

2nd place:

Sean ‘Diddy ’ Comb s — $60 mil­lion.

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