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HomenewsDiddy Is Reportedly Hip- Hop's Third Billionaire, Surpassing Kanye West on The...

Diddy Is Reportedly Hip- Hop’s Third Billionaire, Surpassing Kanye West on The List of The Genre’s Wealthiest Artists for 2022

Money reports say Sean “Diddy” Combs is now worth a billion dollars.

Zack O’Malley Greenburg, formerly of Forbes magazine, claims that the industry’s top earners have amassed a fortune of $3.8 billion. There was a 20% increase in this figure from before the pandemic.
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Jay-Z

Only two people out of the five on the list have joined the exclusive club of people whose net worth is in the tens of millions. Most of Jay-wealth Z’s comes from his Armand de Brignac champagne and Roc Nation entertainment agency, which puts him at the top of the list with a net worth of $1.5 billion.

Diddy Is Reportedly Hip- Hop's Third Billionaire, Surpassing Kanye West on The List of The Genre's Wealthiest Artists for 2022
Jay-Z has apparently been considering selling his 50% stake in D’Ussé cognac, which is part of his portfolio of stakes in companies like Rihanna’s Savage x Fenty lingerie label.

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Diddy

According to O’Malley, Diddy has finally made it into the billionaire club thanks to his business empire and the anticipated $60 million in annual revenue from his collaboration with Diageo on the CÎROC brand.

Diddy Is Reportedly Hip- Hop's Third Billionaire, Surpassing Kanye West on The List of The Genre's Wealthiest Artists for 2022

It is true that Diddy owns a fifty percent portion of DeLeón tequila, and he also owns a majority stake in the media company REVOLT. He is said to have amassed his wealth from a combination of royalties from his music repertoire and investments in startups.

Related: Kanye West Accepts to Purchase the Social Media App Parler

Kanye West

Previously considered Hip Hop’s second billionaire, Diddy has already surpassed West. Following the conclusion of his association with Adidas, West’s fortune was estimated by Forbes to be $400 million, as reported by AfroTech. West’s wealth comes from his ownership of master recordings and music publishing rights, as well as the remnants of Yeezy, as he still has the trademark. Kim Kardashian’s SKIMS shapewear business accounts for five percent of West’s wealth.

Diddy Is Reportedly Hip- Hop's Third Billionaire, Surpassing Kanye West on The List of The Genre's Wealthiest Artists for 2022

However, the firm stressed that it is “the exclusive owner of all design rights to existing items as well as past and new colors under the agreement.”

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Entire Checklist

  • Jay-wealth Z’s is $1.5 billion (Forbes puts it at $1.3 billion).
  • An estimated $1 billion in wealth for Diddy.
  • Forbes says that Kanye West is worth $400 million, however other sources put his wealth at $500 million.
  • Berner’s wealth: $410 million
  • 400 million dollars: Dr. Dre’s fortune
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