If you are tired of hearing about rappers and their money, don’t look for a respite from their bombastic claims anytime soon. Forbes just released their “Forbes Five” list that ranks hip-hop’s top-5 wealthiest for this year. Leading the charge is Diddy, Jay-Z and Dr. Dre, but Cash Money cofounder Bryan “Birdman” Williams and 50 Cent rounded out the rest of the list, according to Forbes.
The wealthiest hip-hop mogul for 2012 and the closest to becoming a billionaire is Diddy who has been able to sustain his Bad Boy empire with lucrative investments in alcoholic beverage Ciroc, which reportedly spiked 22 percent in 2011, and successful clothing line Sean Jean and cologneUnforgivable, which was the No. 1-selling men’s fragrance in 2006. What promises to take his wealth to billionaire status, though, is his new cable channel, Revolt, which will debut next year. Forbes report:
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.”