Drake Joins P Diddy, Jay Z, Dr.Dre and Birdman on Hip-Hop’s Wealthiest List
The Forbes Five has a new member: Drake. The Canadian rhymer replaces 50 Cent on this year’s ranking of richest rappers, which is topped by Diddy ($750 million).
Drake’s $60 million net worth is thanks to a sizeable cash pile, accumulated through multi-platinum recordings, million-dollar-grossing tours and seven figure endorsements.The 29-year-old has been a regular on the Hip-Hop Cash Kings list of highest-earning rappers since his debut in 2010, when he banked an estimated $9 million pre-tax.
For years,the list of hip-hop’s wealthiest artists has been composed of the same five figures Birdman,Diddy,Dr.Dre, Jay Z and 50 Cent,but the latter spent his $100 million Vitaminwater windfall faster than we thought,and last summer’s bankruptcy filing knocked him off the list.
Coming in a close second is Dr.Dre at $710 million, also up a tick from 2015.Jay Z ranks third in the race to $1 billion;his net worth now stands at $610 million.Cash Money chief Birdman ranks fourth with $110 million, down a tick from last year due to turmoil within his empire.