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Richest In Hip-Hop 2007 Updated Figures!!!

Posted on 10 December 2007 by Imhotep

  • Jay-Z’s wealth for 2007 is based on the following: The Rocawear sale (after corporate lawyer fees and taxes applied) is in the $150-$160 million range, his Def Jam salary ($3 million) his endorsement deals ($9 million) his publishing rights ($10 million annually) his annual income from his 40/40 clubs is ($5 million), his income from Armadelle Vodka nets him $13 million yearly, his royalties from “Kingdom Come,’ netted him $2 million due to a high royalty rate (despite sluggish sales due to downloading ) and his consultant salary with Anheuser-Busch along with his NBA investment nets him a combined total of $5 million-and his $340 million carried over from 2006 brings the grand total to staggering: $547 million dollars. Highest dollar amount (Rocawear) calculated for overall total.

  • Sean “Diddy” Combs presides over a media empire that includes the record label Bad Boy Records, the clothing lines Sean John and Sean by Sean Combs, a movie production company, and two restaurants. He has taken the roles of recording executive, performer, producer of MTV’s “Making the Band,” writer, arranger, clothing designer, and Broadway actor and he has made a fortune in the process. Last year (2006), Combs estimated wealth was $346 million dollars. Since then, he’s earned $1 million per month through his various business ventures for the last 12 months. Putting his wealth for 2007 at: $358 million dollars.

  • Russell Simmons (born October 4, 1957 in Queens, New York), is an American entrepreneur, the co-founder, with Rick Rubin, of the pioneering hip-hop label Def Jam, founder of another label, Russell Simmons Music Group, and creator of the clothing fashion line Phat Farm. Since May 2005 he’s been a contributing blogger at The Huffington Post. Russell Simmons is the third richest Hip-Hop entertainer, having a net-worth estimate of $340 Million for 2007.
  • 50 created a empire within seven years and reached the $100 million dollar mark within five years of success. He is one savvy businessman, no wonder Mary J. Blige and her husband Kendu asked him for tips regarding financial investments. 50 may not win all of the awards but he has the second biggest bank account in the rap game. As we stated once before, 50 is the only rapper to perform for overseas royalty at a rate of $500,000 per show. What a difference a year makes, last year, 50 was worth $100 million. The Coca-Cola deal more than tripled his income for 2007. With his Coca Cola deal, numerous merchandise deals, ring tone deals, along with his film salary (3 films) and investments. 50 is now worth $200 million, after taxes.

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