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Diddy becomes the latest hip-hop billionaire

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Diddy joins the billionaires list for the first time

is not only now richer than , but has also replaced him in the billionaires list. According to former Forbes editor Zack O’Malley, Diddy is now worth $1 billion, thanks to his partnerships with CÎROC, DeLeón, and REVOLT in which he owns majority stakes.

The rapper is right behind Jay-Z, who tops the list with an estimated net worth of $1.5 billion. West comes third with $500 million net worth (although Forbes estimates $400 million). Berner follows behind with $410 million and is the fifth with $400 million net worth.

The combined wealth from ’s richest acts amounts to $3.8 billion.

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