50 Cent Is Forbes Hip Hop Cash King For 2008
Posted on August 18, 2008 by Jamie Slaughter
In 2007 Jay-Z reigned supreme on the Forbes list of Hip Hop Cash Kings, but this year he has been toppled of his crown despite a huge deal with Live Nation. Jay slipped to second this year, and 50 Cent took the top spot, who reportedly earned a massive $150 million over the last twelve months. Reports suggest that $100 million was earned from his stake in VitaminWater's parent, Glacéau, which was recently bought over by Coca-Cola in a huge $4.1 billion deal. The rest of his earnings have come via his clothing line, record label, video games, and record sales and film roles. Fiddy is also rumoured to be interested in a mining partnership with South African billionaire Patrice Motsepe. Jay-Z came in second with $82 million, thanks to his American Gangster album, Live Nation deal and various other business endeavours.
Diddy took third place with a nice $35 million sum, which was earned through Sean John clothing, Bad Boy label, a deal with Ciroc Vodka and a couple of reality shows. In fourth is Kanye West at $30 million thanks primarily to the success of his third solo album which was one of the best selling albums this year. Producer Timbaland completes the top five with $22 million thanks to a spectrum of production for various artists.
The remainder of the list is as follows.
No. 6: Pharrell Williams - $20 mill
No. 7: Swizz Beats - $17 mill
No. 8: Snoop Dogg - $16 mill
No. 9: Dr. Dre - $15 mill
No. 10: Ludacris - $14 mill
No. 11: T.I. - $13 mill
No. 11: Lil Wayne - $13 mill
No. 12: Eminem - $12 mill
No. 12: Common - $10 mill
No. 12: Akon - $12 mill
No. 13: Jermaine Dupri - $11 mill
No. 13: Lil Jon - $11 mill
No. 14: Outkast - $10 mill
No. 14: Chamillionaire - $10 mill
No. 14: The Game - $10 mill