Rapper, Sean “Diddy” Combs emerges Forbes’ Highest Paid Hip-Hop act
By Sewe Ishola,
American rapper, Sean “Diddy” Combs has emerged the Highest Paid Hip Hop act of 2017 according to the latest Forbes list.
Sean Combs made the top of the list with earnings from Ciroc vodka, DeLeon tequila and Aquahydrate water, proceeds from his Bad Boy Reunion Tour, as well as an estimated $70 million sale of his Sean John clothing line. He commands an estimated pre-tax earnings of a whooping $130 million.
Next on the list is the most streamed artist of the past 2 years Drake, whose Boy Meets World tour and deals with Apple, Sprite and Nike earned him an estimated $94 million.
JAY-Z could have ranked higher, if his new deal with Live Nation, which is expected to bring him $200 million over the next decade, was done in time. But the release of a commercially successful album saw him make $42 million in the past year.
Others on the list include frequent names like Dr Dre and new comers like Chance the Rapper and Kendrick Lamar.
The top 20 this year earned a total of $619.5 million, up 38% from the previous year’s $448.5 million.
The top 10 highest earning hip-hop acts of 2017 are:
- Sean “Diddy” Combs – $130 million.
- Drake – $94 million.
- JAY-Z – $42 million.
- Dr. Dre – $34.5 million.
- Chance the Rapper – $32 million.
- Kendrick Lamar – $30 million.
- Wiz Khalifa – $28 million.
- Pitbull – $27 million.
- DJ Khaled – $24 million.
- Future – $23 million.