Take That, Take That: Once Again, Diddy Lands Atop “Forbes’ Wealth List

Posted by on Apr 18th, 2012 and filed under Buzz, Buzz Archives. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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And according to the good folks over at Forbes, the Bad Boy mogul is STILL the wealthiest man in Hip Hop. (Uhh duhh!) The boy Diddy is BALLIN!

Out of the top five wealthiest moguls in Hip Hop, Diddy, who is joined on the list by Dr. Dre, 50 Cent, Birdman, and Jay-Z, boasts a net worth estimated at a staggering $550 million. (Yeah bitch…take that, take that.) Or better yet, give me, give me. ( No , seriously though, a brotha got bills to pay, and $550 million would sure as hell go a long way to help me pay em).

Get a breakdown of the Diddster’s money making assets below:

Diddy is the closest to becoming a billionaire, leading the pack with a net worth of $550 million. The Bad Boy Records founder has remained a mainstream mainstay for 15 years thanks to his knack for self-promotion. Lately, he’s been channeling that energy toward Diageo-backed Ciroc vodka, much to the benefit of his bank account: he receives double-digit millions annually as a share of profits. Sales of the spirit spiked 122% last year in the wake of strong demand for new flavor Ciroc Peach; he is entitled to a nine-figure chunk of cash if the brand is ever sold.

Diddy also boasts stakes in clothing lines Sean John and Enyce, marketing firm Blue Flame, record label Bad Boy and a handful of tech startups. But it’s his deal with Comcast to launch cable channel Revolt in 2013 that could push him into billionaire territory. He’ll own the channel outright, and based on projected viewership totals, its value could soar into the low-to-mid nine figures within the next few years.

The closest mogul to Puff is the Jiggaman who boasts an estimated net worth somewhere around $460 million. Which is nothing to sneeze at, but $550 million sure sounds a heck of a lot cooler. I’m sure Puff would agree.

Get more deets on the rest of the wealthy Hip Hop koguls when you head on over to Forbes.

(But seriously though, Puff, let a brother hold something.) Please.

Thoughts??

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