Diddy is now a Billionaire

Stevian Francis

2 years ago

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Diddy is reportedly now apart of the Billionaire boys club and replaces Ye on the list of 2022’s wealthiest hip-hop artists.

According to a recent report from former Forbes editor Zack O’Malley, the Bad Boy is now a Billionaire baby as Diddy becomes hip-hop’s third billionaire with a reported revised net worth of an even US $1 billion.

 The report attributes the bulk of his billion-dollar wealth from his Cîroc partnership with Diageo but in addition to other assets such as his Revolt Tv media and his stake DeLeón Tequila, all of which has attributed to him raking in $US 90 million last year.

The news comes days after fellow rapper and estranged friend Ye’s immediate departure from the list following the termination of his Adidas Yeezy partnership.

Diddy and Ye traded Jabs on Instagram earlier this month following he “White Lives Matter” t-shirt controversy.

Yeezy’s net worth is reported now between an estimated US $400-$500 million this is due to his retention of a 5 percent stake in Kim Kardashian’s SKIMS shapewear line, and rights to his master recordings and music publishing.

He also still owns the Yeezy brand, even though Adidas remains “the sole owner of all design rights to existing products as well previous new colorways under the partnership.”

Jay-Z remains as the wealthiest hip-hop artist in North America with a net worth of $1.5 billion.