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Michelle 08-17-2007 12:59 PM

H to the Izzo!
 
Jay-Z Richest Rap Mogul, Says Forbes.com


http://i43.photobucket.com/albums/e3...nde4/Jay-Z.jpg

NEW YORK (AP) - Jay-Z wins all around, says Forbes.com. He's got Beyonce on his arm - and more millions than 50 Cent and Diddy.

The rap icon, aka Shawn Carter, is No. 1 on the site's list of "Hip-Hop Cash Kings," based solely on 2006 income. He banked an estimated $34 million, Forbes.com said Thursday.

Jay-Z, president and CEO of Def Jam Recordings, released his 11th studio album, "Kingdom Come," which sold around 2 million copies. Jay-Z, 37, is also part owner of the New Jersey Nets and has endorsement deals with Budweiser, Hewlett-Packard and General Motors.

Curtis "50 Cent" Jackson ranks second with an estimated $32 million. The 31-year-old rapper-businessman oversees his G-Unit record label, clothing line, ring tones and other enterprises, and has sold more than 11 million albums. His latest record, "Curtis," is due out Sept. 11.

Diddy (real name: Sean Combs) placed third with an estimated $28 million. A fashion plate, he has a clothing line, Sean John, and heads Bad Boy Worldwide Entertainment and its record label. Diddy, 37, is also host of MTV's "Making the Band" series.

Rounding out the top five are Timbaland ($21 million) and Dr. Dre ($20 million). They're followed by Eminem ($18 million); Snoop Dogg, Kanye West, Pharrell Williams and Scott Storch (all $17 million); Ludacris and T.I. (both $16 million); Outkast and Lil Jon (both $14 million); Ice Cube ($13 million); Jermaine Dupri and Swizz Beatz (both $12 million); Chamillionaire and The Game (both $11 million); and Young Joc ($10 million).

dr.jay 08-17-2007 01:28 PM

Not a big Jay Z fan, but apperently I am in the wrong proffession!!

Wagner 08-17-2007 01:37 PM

Tell me how Dr.Dre is still in the Top 5...that industry is dead.

PLAYERPRO 08-17-2007 01:53 PM

Quote:

Originally Posted by Wagner
Tell me how Dr.Dre is still in the Top 5...that industry is dead.

every wonder why "producer's" end up richer than the actors/actress..

Thunder22 08-17-2007 02:02 PM

his office is at World Wide Plaza @ 50th and 8th in NYC (i used to work in the same building), I used to see his blue Maybach parked outside every day....

Eric5273 08-17-2007 02:26 PM

Quote:

Originally Posted by Wagner
Tell me how Dr.Dre is still in the Top 5...that industry is dead.

You don't realize how much money is generated in royalties from older hit albums. He can sit back and do nothing for the rest of his life and still earn millions per year.

asawadude 08-17-2007 03:49 PM

Quote:

Originally Posted by Eric5273
You don't realize how much money is generated in royalties from older hit albums. He can sit back and do nothing for the rest of his life and still earn millions per year.

:iagree:

The early albums of most of these rappers glorified gang-banging, dope dealing, pimping and victimizing others. There's nothing like making a big-ass perpetual income from bad messages set to bad music.

jwilburn 08-17-2007 03:55 PM

Wow thats really surprising. I would have expected 1. Puffy, 2. 50, 3. Jay-Z.

50 made a killing when Glaceau (sp?) the maker of Vitamin Water got bought out as he owned a large share.

And while Sean John sucks as a high-end clothing line, you would think the down market sales of T's and jeans would bring in much more. Maybe Puffy should stop spending so much on those damn parties and save some.

Beemer4life 08-17-2007 04:22 PM

It's NOT Puffy anymore, it's Diddy, j/k:rofl:!
Jay Z is def the best rapper alive and is certainely lucky enough to be with one of hottest woman in the biz right now. Such a lucky man:thumbup:!

Wagner 08-17-2007 07:02 PM

Quote:

Originally Posted by Eric5273
You don't realize how much money is generated in royalties from older hit albums. He can sit back and do nothing for the rest of his life and still earn millions per year.


Just proved the point that the industry is dead.


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