Rapper Diddy Achieves Billionaire Status, Overtakes Kanye West as Second Wealthiest Hip-Hop Artist

Diddy has claimed the position of the second-richest hip-hop star, surpassing Kanye West and displacing him on the list of 2022’s wealthiest hip-hop artists.

The 52-year-old rapper and record producer has officially ascended to billionaire status, with an estimated net worth of $1 billion. His significant increase in wealth can be attributed to his investment in Ciroc, valued at around $60 million. Other assets, such as Revolt and DeLeón Tequila, also contribute to his immense net worth.

The top spot on the list is held by Jay-Z, with a net worth of $1.5 billion.

Kanye now occupies the third spot on the list, with a net worth of $500 million. Berner and Dr. Dre claim the last two spots in the rankings, with an estimated wealth of $410 million and $400 million, respectively.

The rapper reportedly suffered a loss of $1.5 billion recently when Adidas decided to cut ties with him due to his frequent antisemitic statements. The brand terminated its deal with Ye’s apparel brand on October 25.

The remainder of Kanye’s wealth now comes from his 5% stake in SKIMS, his ex-wife Kim Kardashian’s shape-wear brand, and his earnings from his music career and real estate holdings.

ncG1vNJzZmimlazAr7vWp6CgnaKerm%2B6xmipmqigmr9usMidm7JlkpqwsLnErGSaZZKeua21zqeYoqqVYr%2BmvMuamp6rXaCur8XEZq6eq6RirrR506GcZquVmLyvsIyroJyglajBbrTIqWShp6BirrPAyKyraA%3D%3D