By: Errol Mars
Unlike traditional music genres like pop, rock and country, whose artists generally make the bulk of their money selling albums and touring, hip-hop has spawned an impressive cadre of musicians-cum-entrepreneurs who have parlayed their fame into lucrative entertainment empires.
On last years list Jay-Z was king of the hill but this year Mr.Curtis "50 Cent" Jackson has taken the top spot sending Mr.Carter down one natch. Mr. Jackson earned a outstanding $150 million over the past 12 months, almost twice what Mr. Carter made.
Mr.Carter didn't do to bad himself, in the past 12 months, he released a platinum album, signed a 10-year, $150 million deal with concert promoter Live Nation and married longtime girlfriend Beyoncé Knowles. Jay-Z earned $82 million in the past 12 months.
In third place for the second year in a row is Sean "Diddy" Combs. Mr.Combs earned $35 million from his various revenue streams, including his clothing line Sean John, record label Bad Boy, premium vodka Ciroc and two reality-TV shows.
Kanye West clocks in at No. 4 with $30 million. Super producer Timothy "Timbaland" Mosley closes out the top 5 with $22 million.
The world's best dress man Pharrell Williams comes at #6 with $20 million in earnings.
Kasseem "Swizz Beatz" Dean, #7, owns a stake in trendy toy company Kidrobot and is in talks with Telmex to produce cellphone content, had earnings of $17 million.
Calvin "Snoop Dogg" Broadus, #8, whose ninth album, Ego Trippin', came out in March made $16 million.
Andre "Dr. Dre" Young, #9, banked $15 million even though he hasn't had a hit in years--he still gets rich on royalties from two decades of hits. Tupac himself pulled in a handsome sum this year--about $15 million--even though he's been dead for over 10 years.
Christopher "Ludacris" Bridges, rounded out the top ten with $14 million in earnings.
The full list is as follows:
Source: Forbes.com
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