Ha Ha Ha, They’re Laughing Back To The Bank: Jay-Z, Diddy & Kanye West Tops 2011 Forbes Hip-Hop List

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Born and raised in the Marcy Projects section of Brooklyn, NY, platinum-selling rapper Shawn Corey Carter aka Jay-Z turned his street hustle into a multi-million dollar business. Some of his investments are Roc Nation Entertainment Company, Rocawear clothing, Carol’s Daughter beauty products, and the New Jersey Net.  Jay-Z is the reigning rapper of New York City, as well as one of the most successful and wealthiest artists in music. Throughout his career which expands over 15 years, Jay-Z sold over 50 million albums worldwide and won 13 Grammy Award. Jay-Z is claiming his fourth Cash Kings crown in five years on Forbes Hip Hop List. He’s # 1 again, Jay-Z earned $37 million.

Music now accounts for less than 20% of earnings for the artist formerly known as Puff Daddy, thanks to big stakes in clothing lines Sean John and Enyce,record label Bad Boy and marketing firm Blue Flame. But it’s his Ciroc vodka deal that led FORBES to estimate his net worth at $475 million this winter. Diddy is #2, he earned $35 million.

The self-proclaimed Louis Vuitton Don returns to the top three for the first time since 2009. His new album, My Beautiful Dark Twisted Fantasy, hit stores in November, earned critical raves and quickly went platinum. Kanye is #4, he earned $16 million.

Source: Forbes

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4. Lil Wayne (tie) – $15 million
4. Birdman (tie) – $15 million
6. Eminem (tie) – $14 million
6. Dr. Dre (tie) – $14 million
6. Snoop Dogg (tie) – $14 million
9. Akon – $13 million
10. Ludacris – $12 million
11. Wiz Khalifa (tie) – $11 million
11. Drake (tie) – $11 million
13. Pharrell Williams – $10 million
14. Timbaland – $7 million
15. Swizz Beatz (tie) – $6.5 million
15. Nicki Minaj (tie) – $6.5 million
17. Rick Ross (tie) – $6 million
17. 50 Cent (tie) – $6 million
17. Pitbull (tie) – $6 million
20. T-Pain (tie) – $5 million
20. B.o.B (tie) – $5 million

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Donovan is the CEO and Editor-In-Chief of www.dmfashionbook.com. For all general inquiries please email don@dmfashionbook.com Donovan has a BA in Journalism & Media Studies from the prestigious Rutgers University. He's currently studying entertainment and fashion law.