NEWS
Jay-Z, Diddy & Kanye Top
Forbes "Hip-Hop Cash Kings" List
NEW
Thursday Jul 9 11:27 AM CDT posted by xxl
staff
I
wasn't sure what to think, when I read yesterday that Jay-Z had bought out the
remainder of his company
Jay-Z, Diddy and Kanye West topped
Forbes's annual list of hip-hop's top earners. Dubbed Hip-Hop
Cash
Kings, the list, which was announced today, names the top 20 most financially
successful rap artists over the last year, beginning in June 2008.
Topping the list, and stealing 50
Cent's title from last year, is Brooklyn rap
business mogul, who
Forbes believes to have raked in $35 million since
last June. Although down from last year's reputed $82 million in earnings, Jay
still managed to pull in millions in profits from his relentless world tour.
One notch down is fellow New
York-bred entrepreneur Diddy with $30 million in estimated income.
Along with
his Sean John clothing line, Puff has been seeing returns from his partnership
with Ciroc Vodka and MTV reality shows.
Entering the top three for the
first time is Mr. Kanye West. The Chicago-bred superstar earned approximately
$25 million over the last 12 months, due in large part to the success of his
last album,
808s and Heartbreak, and subsequent Glow in the Dark tour.
He also kept his bank account growing with his Nike and Louis Vuitton sneakers.
Tied at no. 4 is G-Unit general
50 Cent and hip-hop hookman Akon, both predicted to have made $20 million. "Kon
was one of the only artists to make more money than last year, thanks to his
Konvict
Music label, home to pop princess Lady Gaga and hit maker T-Pain. Fif,
on the other hand made a sharp decline in profits. Last year he was believed to
pull in an unprecedented $100 million from his stake in Vitamin Water's sale to
Coco Cola.
Rounding out the top five is New Orleans rap giant,
Lil Wayne. The Young Money CEO is believed to have pocketed $18 million, also
earning most of it on the road.
Super producers Timbaland - who
is projected to have taken home $17 million - and Pharrell ($16 million) also
made the list. Auto-Tune trendsetter T-Pain followed at no. 9 with $15 million.
Comeback kid Eminem generated $14 million with the excitement surrounding his Relapse
project, with co-conspirator Dr. Dre also benefiting, bagging up $12 million.
Other artists to weigh in
included Snoop Dogg ($11 million), Ludacris ($10 million), Common ($8 million),
will.i.am ($8 million), T.I. ($8 million), Swizz Beatz ($8 million), Andre 3000
($7 million), Big
Boi ($7 million), Flo Rida ($6 million), Rick Ross ($6
million), The Game ($6 million) and Young Jeezy ($6 million).
Despite the recession, Forbes
says that the top 20 earners were still able to generate $300 million, albeit
still down $200 million from last year. In order to calculate the artists's worth,
the business authority took into account income from record sales, digital
downloads, touring, films, TV shows, endorsements, books and other
entertainment ventures.Forbes did not take into account management, agent or
attorney fees. – Elan Mancini
Royce da 5′9″ Responds to J-Hood
Diss, "I'ma Take his Fuckin' Head Off"
Wednesday Jul 8 4:25
PM CDT posted by xxl staff
While the war of words between
Slaughterhouse and D-Block defector J-Hood has recently cooled off,
Royce da
5'9″ says the dispute is far from resolved.
In a recent interview with
XXLMag.com, Nickel-Nine denied that there'd be any more lyrical fire from his
four-man super group, but insisted that the beef could leak off of the wax.
"We're not going to respond to
him because he's a bum… just like Ransom," Royce said, who's digital
EP The Revival dropped yesterday (July 7). "He might
want to shut his fucking mouth. Detroit
niggas don't play that shit."
Hood has been taking shots at the
entire Slaughterhouse crew for the past few months, name-calling and levying
threats on street DVDs. "I'm all for the battle rapping, but when you get
to talking about
what you're going to do… I don't want to fucking hear that,"
Royce continued. "I move around New
York how I feel. That nigga can't step a fucking
pinky toe in Detroit."
"He can say what he wanna say,"
he added, "but if he brings that shit anywhere near my circumference, I'ma take
his fucking head off."
The dispute began late last year,
when J-Hood took exception to a Royce punchline. He told hiphopbeef.com the
offending quip was, "I'm the one, really though/you just a J-Hood gun video."
The Yonkers MC clapped back with
"Watch What You Say," also dissing Jim Jones, 50 Cent and Jadakiss.
In April, Royce responded with
his rendition of Red Café's "Hottest in the Hood," followed by partner-in-rhyme
Crooked I's "Slaughterhouse is a Big Deal."
Next for Royce is the debut disc
from his group , Slaughterhouse scheduled for an August 11 release. His fifth
solo LP, Street Hop, is set to drop in September.
–John Kennedy
