Thursday, September 24, 2015

Forbes names P Diddy as highest paid hip-hop star


Hip-hop rapper P Diddy, whose real name is Sean Combs, has been named highest paid hip-hop star by Forbes – Diddy has overtaken Jay Z and Drake to the top spot thanks to his investments outside the world of music.
This has been reported in news.sky.com dated 23 September 2015.
Sean ‘P Diddy’ Combs has topped Forbes' list of the world's highest paid hip hop stars after he pocketed $60m between June 2014 and June 2015. He is a 45-year-old from Harlem and he beat Jay Z, Drake and Kanye West to get to the top spot. This is because of his investments outside the world of music.
His investments included his TV network Revolt, clothing line Sean John and Ciroc Vodka.
He seldom performs these days but is remembered for his albums including 2001 record The Saga Continues and 2010's Last Train To Paris. He is currently working on new music.
Of course, P Diddy’s annual earnings do not come close to the $620m that had been made by Dr Dre last year following the sale of Beats to Apple – it was the highest ever annual pay cheque for a musician.
Incidentally, Forbes has calculated its Cash Kings list by making use of pre-tax income figures from factors such as record sales, touring, streaming and endorsements.
(Image courtesy wikimediacommons.org)

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