Dr Dre has topped the latest instalment of the Forbes Magazine hip hop rich list.
Hip hop is big business. A major commercial force, it has helped transform countless rappers into globally recognised performers.Who make a lot of money in the process. Forbes Magazine piece together an annual hip hop rich list, and the latest instalment was released earlier this week. Dr Dre has come out on top, earning a total of $110 million in just 12 months. (via BBC)
One of the biggest producers in the game, a sizeable chunk of that money comes from royalties earned from past royalties. However Dre's hugely successful headphone range is also responsible - last year, the producer joined Jimmy Iovine in selling a 51% stake in Beats Electronics for $309 million. The list is dominated by performers who match their musical pedigree to business acumen. Diddy sits in second place, while Jay-Z bests Kanye West in order to claim third spot on the Forbes list. Further down the list, Eminem grabs ninth place with $15 million despite barely maintaining a public profile over the past 12 months.
Here's the Top Ten.
1. Dr. Dre - $110m (£70m)
2. Diddy - $45m (£28m)
3. Jay-Z - $38m (£24m)
4. Kanye West - $35m (£22m)
5. Lil Wayne - $27m (£17m)
6. Drake - $20.5m (£13m)
7. Birdman - $20m (£12.5m)
8. Nicki Minaj - $15.5m (£10m)
9. Eminem - $15m (£9.5m)
10. Ludacris - $12m (£7.5m)</div>
One of the biggest producers in the game, a sizeable chunk of that money comes from royalties earned from past royalties. However Dre's hugely successful headphone range is also responsible - last year, the producer joined Jimmy Iovine in selling a 51% stake in Beats Electronics for $309 million. The list is dominated by performers who match their musical pedigree to business acumen. Diddy sits in second place, while Jay-Z bests Kanye West in order to claim third spot on the Forbes list. Further down the list, Eminem grabs ninth place with $15 million despite barely maintaining a public profile over the past 12 months.
Here's the Top Ten.
1. Dr. Dre - $110m (£70m)
2. Diddy - $45m (£28m)
3. Jay-Z - $38m (£24m)
4. Kanye West - $35m (£22m)
5. Lil Wayne - $27m (£17m)
6. Drake - $20.5m (£13m)
7. Birdman - $20m (£12.5m)
8. Nicki Minaj - $15.5m (£10m)
9. Eminem - $15m (£9.5m)
10. Ludacris - $12m (£7.5m)</div>
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