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Forbes Taps Sean “Diddy” Combs For First Hip Hop Billionaire

 
 

It looks like Diddy will beat out the likes of Jay-Z, 50 Cent, Birdman and Dr. Dre on the quest to the billion dollar mark.

Money magazine Forbes has predict that Sean “Diddy” Combs will be the first to cross the billi mark with his current estimated net worth of $500 million.

According to Forbes mag, Diddy’s vodka deal with Diageo as an owner of Ciroc could increase his net worth. The Bad Boy honcho rakes in annual profits from the growing brand and could get a large payout if it’s sold. Additionally, his stakes in Sean John and Enyce as well as marketing firm Blue Flame and Bad Boy could put him ahead of Jay-Z as Hip Hop’s richest figure.

Birdman thinks his Young Money Cash Money empire will be the first billion dollar brand in Hip Hop.

“I think Young Money Cash Money would be the first billion-dollar brand in hip-hop,” he wrote in an email to Forbes. “We strong and growing every day as a brand and fast. Within the next few years we will be billionaires.”

Forbes list Birdman current networth at $110 million.

Jay-Z is close behind Diddy with an estimated $450 million accumulated from the sale of Rocawear clothing label and a Live Nation deal signed in 2008. He also has stakes in the soon-to-be Brooklyn Nets, the 40/40 Club, ad firm Translation, Carol’s Daughter and other ventures.

Dre is currently worth $250 million, Birdman is at $110 million, and 50 close behind with $100 million.