JAY-Z has once again cemented himself as an all-time great, this time not just in the music industry, but as a businessman. It comes as no surprise that the world of hip-hop is a tough business, so to be one of the biggest rappers in the history of the game, Hov’s success is not only reflected in the charts but in his monetary success as well.
Former Forbes editor Zack O’Malley Greenburg has recently released a list of the wealthiest hip-hop artists in 2022. In his list, Greenburg highlights JAY-Z as the richest, with a fortune of $1.5 billion USD. Hov’s status continues to grow after he became hip-hop’s first billionaire, paving the way for others in the industry. A large chunk of his wealth comes from his ownership in Roc Nation as well as his champagne company, Armand de Brignac. He has also taken up stakes in growing businesses including Rihanna‘s Savage x Fenty and D’Usse. Next in the billionaire category is Sean “Diddy Combs, coming in with $1 billion USD in net worth this year. With his continuous Cîroc partnership and other assets including DeLeón tequila and Revolt, on top of his music catalog, the artist is pushing well into the ten-figure territory.
The artist formerly known as Kanye West has recently been in some hot waters lately. With the end of his adidas deal, Ye is no longer a billionaire. While that is the case, he still remains one of the wealthiest hip-hop artists, with a reported net worth of around $500 million USD due to his rights to his master recordings and music publishing, as well as his 5% stake in his ex-wife Kim Kardashian‘s shapewear company, Skims.
Berner clocks in with a net worth of $410 million USD, thanks to his Cookies cannabis empire. The business is a foundation of his wealth and due to its unusual business structure, it could allow the rapper to one day buy out all the local partners and acreate a unified multibillion-dollar cannabis conglomerate. Currently he owns 30% of the company. The legendary Dr. Dre rounds out the top five with $400 million USD in net worth with his Beats partnership, music catalog and ongoing projects.