Rapper Aubrey \u2018Drake\u2019 Graham became the newest member of The Forbes Five club of hip-hop\u2019s wealthiest artists on Monday with a net worth of US$60 million, according to Forbes.<\/p>\n
The annual list has regularly included rap artists Bryan \u2018Birdman\u2019 Williams, Andre \u2018Dr. Dre\u2019 Young, Shawn \u2018Jay Z\u2019 Carter, Curtis \u201850 Cent\u2019 Jackson and Sean \u2018Diddy\u2019 Combs.<\/p>\n
But due to a mismanagement of funds which resulted in a bankruptcy last summer, 50 Cent was superseded by Drake, who has increased his net worth through touring, music releases and business deals with Nike, Sprite and Apple.<\/p>\n
\u201cViews,\u201d the fourth studio album by Drake, a Toronto native who goes by his middle name, sold an estimated 630,000 copies on its April 29th release date, according to Vibe Magazine.<\/p>\n
With each album selling at US$13.99 exclusively on iTunes, the 29-year-old made about US$800,000 that night.<\/p>\n
Business mogul and rap artist Diddy continued to hold the number one title with a net worth of US$750 million thanks to his agreement with Diageo\u2019s Circo vodka, stakes in his music television network Revolt, his clothing line Sean John and more.<\/p>\n
Dr. Dre follows with US$710 million, then Jay Z in third place with US$610 million and finally Birdman, who came fourth with US$110 million.<\/p>\n
While his net worth is small in comparison to his fellow club members, Drake is quickly climbing the ranks, earning some US$150 million to date before taxes and spending, Forbes said.<\/p>\n
The business magazine analyses artists\u2019 past earnings, values their current holdings and talks to industry specialists to determine which hip-hop star makes it on the list.<\/p>\n
Combined together, Forbes said, all five artists are worth US$2.2 billion dollars.<\/p>\n","protected":false},"excerpt":{"rendered":"
Rapper Aubrey \u2018Drake\u2019 Graham became the newest member of The Forbes Five club of hip-hop\u2019s wealthiest artists on Monday with a net worth of US$60 million, according to Forbes. The annual list has regularly included rap artists Bryan \u2018Birdman\u2019 Williams, Andre \u2018Dr. Dre\u2019 Young, Shawn \u2018Jay Z\u2019 Carter, Curtis \u201850 Cent\u2019 Jackson and Sean \u2018Diddy\u2019 […]<\/p>\n","protected":false},"author":3,"featured_media":23727,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-23725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/23725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=23725"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/23725\/revisions"}],"predecessor-version":[{"id":23730,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/23725\/revisions\/23730"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/23727"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=23725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=23725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=23725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}