Famous rapper Drake (born Aubrey Graham) has made it to the Forbes list of Top 5 richest hip-hop stars. The music star who turns 30 in October once said he planned to make $250 million before his 29th birthday. Though less than 6 months away from his next birthday, Drake is certainly on course.
Drake’s net worth currently stands at $60 million, taking over the 5th position from rapper 50 Cent who recently filed for bankruptcy protection after losing most of his over $100 million VitaminWater sale windfall cash.
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Standing at number 1 on Forbes Richest Hip-hop Stars list is mogul Sean “P Diddy” Combs with a whooping net worth of $750 million. Largely making his wealth from investments in the famous Bad Boy record label, clothing line Sean John, Diageo’s Ciroc vodka, his own TV network Revolt, his alkaline water company Aquahydrate and Tequila Deleon.
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Hit maker and renown producer Dr Dre comes at a close second with a net worth of roughly $710 million. In 2014, Dr. Dre made history with the sale of his Beats By Dr. Dre headphones to Apple making a whooping $620 million from the $3 billion deal, earning the highest ever amount by any musician alive in a single year. Dr. Dre also owns massive real estate investments in Southern Carlifonia.
Shawn Carter, aka Jay Z, who prides himself at being “a business, man” and not just a businessman came in 3rd place. Jay Z, whose net worth now stands at $610 million coming from interests in his record label Roc a Fella Records, clothing line RocaWear, 40/40 Club, Brooklyn Nets basketball club, and most recently his music streaming platform Tidal.
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CashMoney CEO Bryan “Birdman” Williams came in the 4th position with a net worth of $110 million. Churning out hit after hit, album after album from hip-hop stars like Lil Wayne, Nicki Minaj, Busta Rhymes and Tyga made CashMoney flush with cash. Though facing challenges and controversies in the record label in recent times, hip-hop mogul Birdman still holds his position strong.
With juicy endorsements deals valued at multi-million dollars from companies like Nike, Sprite, and Apple, Drake looks set to make it to the top of this list in a few years. Not a mean feat for a 29 year old.