Jay Z Surpasses Puff Daddy As The World's Richest Rapper With An Outrageous Net Worth Of $900 Million
Source - It seems JAY-Z‘s business hustle has paid off after Forbes listed him as the top-earning hip-hop artist of 2018, dethroning Sean “Diddy” Combs who came in at No. 1 in 2017. This is the first time in seven years that Diddy hasn’t been in first place.
The magazine reported the “Hard Knock Life” rapper, 48, had a net worth of $900 million, elevating his worth in the last 12 months by $90 million.
The increase came mostly from the rising value of his interests in Armand de Brignac champagne and D’Ussé cognac, as well as ownership stakes in Roc Nation and his Tidal music streaming service, according to Forbes.
Diddy, also 48, is ranked second on the list with a net worth of $825 million. He also has major investments in liquor brands, including his DeLeon Tequila label, as well as his stake in Ciroc vodka.
Thoughts and prayers to Puff Daddy during this difficult time. He’s only (lol) seventy-five million away from reclaiming the number one spot but it’s still got to be a tough pill to swallow. Especially when you’ve been at the top of the list for seven years. Probably should’ve spent less time motivational Instagramming and more time grinding. Imagine having $825 million dollars and not being the richest one of your colleagues. And yes, they’re colleagues. Remember Young G’s?
It took Jay Z earning ninety million dollars in ONE year to beat Diddy. That’s $250,000 a DAY. I can’t even wrap my head around it. Apparently most of his money was made from liquor? Which is exactly what Diddy did with Ciroc.
“The increase came mostly from the rising value of his interests in Armand de Brignac champagne and D’Ussé cognac, as well as ownership stakes in Roc Nation and his Tidal music streaming service, according to Forbes.”
Stories like these always blow my mind. It’s incredible to think about the trajectory of his career and what he’s been able to accomplish considering where he came from. He should throw himself a party. Splurge on a nice room at the La Quinta and go ham. Then next year when he becomes a billionaire he can upgrade the to Hilton. Wouldn’t want to go too crazy, we all remember what happened to Lisa Marie Presley. Congrats, Jay!