P. Diddy - no.1 wealthiest rapper in 2012
From rappin’ to business, making a fortune through his own clothing line Sean John, record label Bad Boy and a huge investment in Ciroc Vodka, P. Diddy (Sean Combs) becomes the wealthiest rapper on the planet; with an estimate net worth of $550 million (according to Forbes - Apr 2012).
Followed by him with a very impressive portofolio, is Jay-Z (Shawn Carter), who sold Rocawear clothing label for $204 million in 2007, signed 10-year $150 million Live Nation deal in 2008; now with a net worth of $460 million
Dr. Dre (Andre Young) took the no.3 position, after he helped launch artists such as Eminem, Snoop Dogg and 50 Cent, expanded his wealth with Aftermath records, headphone company Beats Electronics and HP Laptop line; now with a net worth of $260 million.
No. 4, Birdman (Bryan Williams), cofounded Cash Money Records with his brother Ronald, and inked $30 million distribution deal with Universal in 1998; estimated net worth of $125 million - Apr 2012.
50 Cent (Curtis Jackson) is no. 5, as the rapper received a 9-figure payout from the sales of Vitamin Water when it was sold to Coca-Cola in 2007; Now with a net worth of $110 million.