October 29, (THEWILL) – Sean Combs, aka Diddy, has become the latest Hip Pop billionaire after Kanye West lost his billionaire rating due to the loss of $2 billion in a day and dropped to an estimated net worth of $500 million.
According to Forbes entertainment editor, Zack O’Malley Greenburg, Diddy has become the third hip-hop artiste to ever attain the billionaire status, after Jay-Z and West, with a total net worth of $1 billion status.
Apart from his ‘Bad Boy Records’ label, Diddy also has his other businesses like Ciroc and Revolt to thank for his new billionaire status.
West, lost his billionaire status following his recent anti-Semitic remarks, which prompted Adidas to pull the plug on the wildly lucrative footwear deal that made him a billionaire two years ago.
Jay-Z reclaimed the top spot on the list from West as hip-hop’s richest artiste with a net worth of $1.5 billon, since he became the genre’s first billionaire in 2019.
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