Diddy named by Forbes as highest-earning hip-hop artist of 2013

Rapper's $50 million earnings put him ahead of Jay Z, Kanye West and Dr Dre

Diddy named by Forbes as highest-earning hip-hop artist of 2013

Photo: PA

Diddy has been named as hip-hop's biggest moneymaker in 2013 by Forbes.

The artist formerly known as 'P Diddy' came out on top of the Cash Kings list of the highest-paid stars in hip-hop after raking in an estimated $50 million (£31.2 million) over the course of the past year, with his financial success attributed to the launch of his Ciroc vodka brand in addition to his record label Bad Boy and Sean John clothing line. The rapper had already been named the richest star in the hip-hop world by Forbes in March of this year, due to his overall fortune of $580 million (£382 million).

Jay-Z was second in the list, with reported earnings of $43 million (£26.9 million), while Dr Dre was third with $40 million (£25 million). Fourth-placed entry Nicki Minaj, meanwhile, was the only female artist to be included in the Top 10, with her total of $29 million (£18 million) enough to put her ahead of Birdman, Kanye West, Lil Wayne, Wiz Khalifa, Ludacris and Pitbull.

Last week (September 15), it was reported that P Diddy lost $1 million to Rick Ross in a dice game. The rappers were playing a high-stakes game of Craps – a dice game where the players make wagers on the outcome of a roll – in a recording studio in the early hours of that morning.

Diddy posted the moment he lost the $1 million to Ross on his Instagram, but appeared to shrug off the loss by captioning the short clip: "I just lost a million dollars. It ain't nothin. #SuckMyDickBitch." You can see the video below.

The rapper's online TV channel is set to launch next month (October) and he is keen to hire some of the freshest, new talent from across the globe. Those interested in applying should upload their short audition clip to Twitter, Instagram, Vine, Facebook, Vimeo or YouTube using the #iamrevolt hashtag before September 30.

The Top 10 of Forbes Cash Kings list is as follows:

1. P Diddy ($50 million)
2. Jay Z ($43 million)
3. Dr. Dre ($40 million)
4. Nicki Minaj ($29 million)
5. Birdman ($21 million)
6. Kanye West ($20 million)
7. Lil Wayne ($16 million)
8. Wiz Khalifa ($14 million)
9. Ludacris ($12 million)
10. Pitbull ($11 million)


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