Rapper Diddy has surpassed Kanye West to become the second-richest hip-hop musician, replacing him on the list of the wealthiest hip-hop artists in 2022.
The 52-year-old rapper Diddy and record producer has officially been proclaimed a billionaire, having a net worth of $1 billion. Diddy’s earnings have increased dramatically as a result of his $60 million investment in Ciroc. Other assets, notably Revolt and DeLeón Tequila, also contribute to his net worth.
Jay-Z is the richest person on the list, with a net worth of $1.5 billion.
The rapper reportedly lost $1.5 billion last week after Adidas chose to drop him due to his repeated anti-Semitic remarks. On October 25, the brand terminated its agreement with Ye’s clothes brand.
Kanye’s income is currently primarily derived from his 5% investment in SKIMS, his ex-wife Kim Kardashian’s shape-wear firm, as well as his revenues from his music career and real estate assets.
Kanye is now the third richest person in the world, with a net worth of $500 million. Berner and Dr. Dre are the last two people on the list, with estimated fortunes of $410 million and $400 million, respectively.
