1. Diddy - $580 million: The bulk of the Bad Boy
Records founder’s wealth comes from non-musical ventures, namely his
deal with Diageo’s
Ciroc. The agreement entitles him to eight-figure annual payouts and a
nine-figure windfall if the brand is ever sold—and Ciroc’s value has
never been higher
2. Jay Z - $475 million: He’s still rolling in cash
from megadeals like his $204 million Rocawear sale in 2007 and his $150
million pact with Live Nation the following year. He continues to hold
stakes in Roc Nation, Carol’s Daughter, the Brooklyn Nets and, more
significantly, the Barclays Center itself, while adding new partnerships
with the likes of Duracell, Budweiser and Bacardi’s D’ussé Cognac
3. Dr Dre - $350 million: It's thanks mostly to his
Beats by Dr. Dre headphones. A year after selling 51% of the company to
handset maker HTC for $300 million in August 2011, Dre and his partners
bought back half of the half they sold in 2012—and their investment
continues to soar in value due to Beats’ whopping 65% market share of
the premium ($99 and up) headphone market.
4. Bryan “Birdman” Williams - $150 million: Riding from his Cash
Money/Young Money empire. His roster
includes Drake, Nicki Minaj and Lil Wayne (the latter crossed the $100
million threshold for the first time this year, by our estimates, but
remains just outside the top five). Birdman also recently launched a
YMCMB clothing line and a spirit called GT Vodka.
5. 50 Cent - $125 million: The bulk of his fortune came from
heavy sales of his music, merchandise, video games and books in the
wake of his smash debut Get Rich or Die Tryin’- and particularly from his payout for the sale of his stake in VitaminWater parent Glacéau to Coca-Cola in 2007.
SOURCE: Forbes
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Thursday 28 March 2013
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