He edges out hip-hop mogul Jay Z at number two.
Diddy topped the list with $60 million, though his capital was mostly from entrepreneurial ventures, including his Sean Jean clothing line, and investments in the Revolt Network, Aquahydrate Alkaline Water, and Ciroc Vodka.
Sean Combs tops Forbes magazine’s annual list of “The World’s Highest-Paid Rap Acts”.
Jay Z trails closely behind his New York counterpart, earning $56 million.
Meanwhile, Drizzy earned a cool $39.5 million in the year 2015. Like Diddy, Shawn Carter also makes a lot of money from business ventures like Ace Of Spade champagne and his Roc Nation label, but the bulk of his earnings come from his On The Run tour with Beyonce. He once described himself as “the man who write checks with the hand that don’t write”, a reference to his knack for composing his own verses in his head.
Dr. Dre was No. 3 on the list, after making history in 2014 with $620 million.
Dr. Dre had sold Beats, the company he co-founded that is best-known for headphones, to Apple, where he has taken on a corporate role. During the outlet’s scoring period, he performed 50 shows, averaging $1 million nightly. Also padding his coffers: gold-certified surprise record If You’re Reading This It’s Too Late and endorsements for Sprite and Nike.
“That’s pretty much my objective every year”, he previously said of making the Forbes list.
Rapper/singer/producer Pharrell Williams rounded out the top five with $32 million in earnings mostly from being a judge on The Voice, touring and music sales.
Forbes calculated its list using pre-tax income figures from factors such as record sales, touring, streaming and endorsements using data from Nielsen SoundScan, the Recording Industry Association of America (RIAA) and interviews with managers, lawyers and in some cases, the artists themselves.
Unlike Puff Daddy and Jay Z, Drake’s earnings are largely pulled from music. Last year, he was featured on the list at number four.