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Diddy tops Forbes rich list

Diddy - the richest man in hip-hop
Diddy - the richest man in hip-hop

The international superstar has been named as the wealthiest performer in hip-hop by Forbes.

With nearly half a billion dollars in the bank Sean Combs, aka ‘Diddy’ has beaten rap colleague Jay–Z to the top of Forbes magazine’s list of Hip-Hop’s Wealthiest Artists.

The Bad Boy Records founder has an estimated wealth of $475 million, which he has acquired from his clothing line Sean John, his record label, and several product endorsements.

Jay-Z, meanwhile, closely follows with $450 million.

The Forbes list was put together by taking into consideration the artists' current holdings and past earnings.

Only performers were included on the list, which is why hip-hop tycoon Russell Simmons didn't place.

Following Diddy and Jay-Z is Dr. Dre with $125 million, 50 Cent and Birdman are tied at fourth place with $100 million.

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