AceShowbiz - P. Diddy is named the richest artist in hip-hop industry, according to an estimate by Forbes. The mogul netted approximately $735 million during the past twelve months. His money comes from Ciroc vodka, clothing lines Sean John and Enyce, alkaline water brand Aquahydrate, new tequila DeLeon, and multimedia network Revolt.
The second spot is occupied by Dr. Dre. Although last year he declared himself to be the first billionaire in hip-hop after his eponymous headphone line was sold to Apple, his 25|percent| stake left him with a $500 million windfall after taxes. Jay-Z who just launched music streaming site Tidal rounds up the top 3 with $550 million.
Cash Money's Birdman who is fighting to keep the label's biggest star Lil Wayne sits at the fifth position with $150 million. He is ranked behind 50 Cent who continues to earn big buck from Vitaminwater pushing his total income to $155 million.