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Forbes Magazine released the Top-5 Richest Rappers Of 2012 with Diddy on top the list for the second year, Jay-Z dropped down to second after coming first in 2010.
Many of these rappers rose from rags to riches by tirelessly working simultaneously as producers, writers,musicians and businessmen. However, their hard work has quite literally paid off and has made them millions, according to Forbes.
1. Sean “Diddy” Combs
Net Worth: $550 million – As of April 2012 Earnings according to Forbes: 2011: $35 million, 2010: $30 million
Diddy’s business ventures, along with his career as a rapper, made him the richest rapper on the planet, built fortune chiefly through clothing line Sean John, record label Bad Boy and Ciroc vodka. Acting gigs, television shows and guest appearances add to coffers. He told Forbes in 1999: “I’m gonna be bigger than David Geffen.” Not there yet.