P Diddy beats Jay-Z, Dr Dre and 50 Cent to top hip-hop rich list

Photo: PA

P Diddy has overtaken Jay-Z as the richest hip-hop artist, according to Forbes, with a net worth of $550 million.

The Bad Boy Records founder has numerous business ventures – including Ciroc vodka, which saw a 122 per cent sales spike last year – as well as his Sean John and Enyce clothing lines, his marketing firm Blue and a handful of tech start-ups, which have helped him amass a huge personal fortune.

Last year's richest hip-hop artist Jay-Z was left in second place with a net worth of $460 million thanks to his recent Watch The Throne tour – which will come to the UK at O2 Arena in London on March 20, as well his lucrative deal with Live Nation, his 40/40 Club chain and cosmetics company Carol’s Daughter.

The other artists featured in the list are Dr Dre ($270 million), Birdman ($125 million) and 50 Cent ($110 million).

Dr Dre is rumored to be planning a tour with the hologram version of Tupac, which was unveiled for the first time at the Coachella Festival at the weekend.