Jay-Z Tops Forbes' List of Hip-Hop's Cash Kings 2009

July 10, 2009 03:44:15 GMT

The music mogul's earnings over the past 12 months, between June 2008 and June 2009, are listed as much as 35 million dollars.


Jay-Z
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Photo credit: Albert L. Ortega/PR Photos

Forbes' annual list of Hip-Hop's Cash Kings for this year has been unveiled, and it witnesses music mogul Jay-Z on the very top spot. Over the past 12 months, between June 2008 and June 2009, he has been pulling in an estimated $35 million, an amount which is $47 million less than his earnings in 2008.

Last year's winner, 50 Cent, drops to the 4th place. He is reported taking in $20 million, down from $150 million a year ago. The earnings are said coming from his Vitamin Water deal, G-Unit clothing line and numerous licensing deals.

In between Jay-Z and Fiddy there are P. Diddy and Kanye West, who secure the 2nd and 3rd slots respectively. P. Diddy rakes in $30 million over the past year from his expanding business that includes a brand of premium vodka and his Sean John clothing line. Kanye, meanwhile, earns a total of $25 million, thanks to his multi-platinum album "808's & Heartbreak" and his sold-out Glow in the Dark Tour.

"Despite the economy, hip-hop is just as powerful as it's ever been in the endorsement and licensing world," says Ryan Schinman, chief of Platinum Rye, the world's largest buyer of music and talent for corporations when commenting on Forbes' Hip-Hop's Cash Kings 2009 list. "Tween stars and rock legends are very reliable, but the impact of hip-hop on pop-culture and fashion continues to lead the charge."

© AceShowbiz.com




Post Your Comments

posted by e-kay on Dec 11, 2009
Jay is the king
posted by 12den on Dec 09, 2009
why iz cube not there
posted by stiga jack on Aug 05, 2009
yo J!
posted by stiga jack on Aug 05, 2009
u king man, but fitty ma bounce back
posted by Evans91 on Jul 30, 2009
that nt tru!blah!blah!blah....
posted by Zfhkeyjk on Jul 15, 2009
3Ab13E
posted by Andrew Gabriel Mwawa on Jul 14, 2009
Jay Z has been a source of inspiration for most of the Hiphop upcoming artists
posted by cool on Jul 10, 2009
jay-z the king

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