Drake eases into Forbes list Top 5 richest Hip Hop acts

No Comments

drake-performance-billboard.jpgWith an estimated net worth of $60 million, rapper Drake has become the newest member of the Forbes Top Five club of hip-hop's wealthiest artists.

He kicked 50 Cent out of the fifth spot.

The rest of the exclusive club consists of returning members Diddy, Dr. Dre, Jay Z and Birdman.

Drake's impressive financials are courtesy of his music sales, touring and tie-ins with Apple, Nike and Sprite.

Diddy continues to hold the most power with a net worth of $750 million thanks to his dealings with Diageo's Ciroc vodka, plus his TV network Revolt, clothing line Sean John, record label Bad Boy, tequila Deleon and water brand Aquahydrate.

Dr. Dre is close behind with $710 million, a fortune padded by his sale of Beats to Apple two years ago and last year's Straight Outta Compton film.

Jay Z is in third place with $610 million boosted by his streaming service Tidal, as well as earnings from his Roc Nation business empire.

In fourth place is Cash Money's Birdman, with a $110 million net worth, which is actually down since last year.