Diddy Net Worth: How Rich Is The Rapper In 2017? Mogul Tops Forbes’ Rap List

Today’s rappers are in race to be hip-hop’s first billionaire and Diddy may make it to the top. While Diddy still has some ways to go, the music mogul was named hip-hop’s richest star in 2017 thanks to his net worth.

Topping Forbes’ Richest In Hip-Hop of 2017 list is Diddy with a net worth of $820 million. Thanks to deals with Ciroc, Aquahydrate, DeLeon and his stake in the TV network Revolt, Diddy may soon be adding another zero to his net worth.

But before Diddy takes his shot at becoming hip-hop’s first billionaire, he will have to watch out for Jay Z, who came in second on the list with a net worth of $810 million. According to Forbes, the Grammy-winning artist’s fortune went up 30 percent in the past year after a $200 million investment from Sprint into Tidal.

Trailing the two are Dr. Dre with a net worth of $740 million, Birdman with $110 million and Drake with a net worth of $90 million. While Dr. Dre originally claimed to be a billionaire following his deal with Apple, the producer did earn the largest single-year payday ever recorded by a musician. He also purchased a 14,000 square feet Los Angeles mansion for $40 million which is now reportedly worth nearly 20 percent more than what he paid.

As for Drake, his 2016 album, “Views,” became the first album to crack one billion streams on Apple Music. The Toronto rapper also had some help thanks to his deals with Nike and Sprite and a tour that grossed more than $1 million per night.

While music may have made Diddy famous, the mogul is now synonymous with brands such as Revolt and Ciroc. Speaking with The Washington Post in 2015, Diddy said the vodka brand was originally moving about 30,000 cases a year. That’s when the company came to Diddy and asked him if he could help the brand.

“They said they weren’t doing much, and that it was struggling,” he said. “So I decided to take a chance on the brand. We decided if it does well, we can be 50-50 partners.”

During the interview, Diddy said the brand was now selling two million cases a year and became “the second largest ultra premium brand in the country.”

He added, “Also, it’s helped that we have such a strong connection to the African American and Latino communities, who basically at this point run the culture in America. We haven’t been afraid to service them in a very elegant, sophisticated and aspirational kind of way. And we’re doing this instead of just trying to push malt liquor.”

As for what’s next for Diddy, many of his ventures have now changed to helping the community. In 2016, the rapper donated a million dollars to Howard University and opened a charter school in Harlem, New York.

“At this time in my life, I decided to make a move from ‘me’ to ‘we.’ I felt like I did enough for me and it was time to go to we. So that has been my whole thing and to not get involved in politics,” he told “CBS This Morning.”