Sean `Diddy` Combs has been named the richest hip-hop star
The rapper has an estimated fortune of $580 million and was recognised in Forbes magazine`s annual list, once again beating Jay-Z ($475 million) to the top spot.
His wealth actually primarily comes from non-musical ventures, the majority coming from his eight-figure deal with Diageo`s Ciroc vodka.
As well as a huge annual payout, Sean - previously known by his stage-name P. Diddy - will receive a nine-figure windfall if the brand is sold.
Of the brand, Jack Russo, an equity analyst at Edward Jones & Co, said: "It is one of the fastest-growing brands within vodka. "Consumers are feeling a little bit better about their situation, and with that, they`re willing to spend more on premium products.
Meanwhile, Jay-Z`s fortune is largely made up of his 2007 sale of Rocawear ($204 million) and his deal with Live Nation ($150 million).
Dr. Dre is in third place on the list with $350 million mainly thanks to his `Beats by Dr. Dre` headphones brand.
In 2011, the entrepreneur sold 51 per cent of the business for $300 million, before buying back half of the half he sold the following year and seeing the company`s share of the premium headphones market reach 65 per cent.
The list is rounded off in the same way as last year`s, with Bryan `Birdman` Williams and 50 Cent occupying the fourth and fifth spots.
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