8.16.2007
Jay-Z is The Cash King of Hip-Hop
According to Forbes: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.
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