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Diddy becomes the latest hip-hop billionaire


Diddy joins the billionaires list for the first time

is not only now richer than West, 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. 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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