Jay-Z Is Forbes’ Richest Hip-Hop Act Of 2018, Usurps Throne From Diddy

Jay-Z warned everyone when he said, “Watch the Throne”.

The legendary hip-hop artist and business mogul broke Diddy’s seven-year streak as hip hop’s wealthiest act.

RELATED: Diddy Is Forbes’ Highest Paid Musician Of 2017

Forbes released its annual rankings on Thursday and revealed Jay-Z to be the highest earning hip hop artist of 2018 with an estimated net worth of $900 million. Among his many achievements last year was the release of his critically-acclaimed album “4:44”, which snagged eight Grammy nominations.

Jay-Z’s stakes in Armand de Brignac champagne and D’Usse cognac steadily rose in value, in addition to his work with Tidal and Roc Nation.

RELATED: Forbes Names 2017’s Highest-Paid Women In Music

Diddy, 48, remains more active as an entrepreneur than a rapper and managed an estimated net worth of $825 million, no small feat. The icon Dr. Dre placed in third with a staggering $770 million.

What followed was a steep decline to the fourth and fifth richest hip-hop acts of the year: Drake and Eminem earned profits of $100 million each in 2018.

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