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According to Forbes, the top 10 in this year’s list of the highest-paid hip-hop artists made over $400 million.
The average earning this year is $44 million. Forbe’s list reports pretax annual income which is calculated from tours, record sales, streaming, merchandise sales, endorsements and other business moves.
Jay-Z came in at the top of the list with $76.5 million after his successful 4:44 album in 2017. Jay-Z and Beyoncé have also been underway on their joint “On the Run II” Tour which has already reportedly bring in nearly $200 million.
After being number 1 for the past three years, Diddy drops down to number 2 with $64 million. Diddy still earns millions from his beverage empire which includes Ciroc vodka, DeLeón tequila, and Aquahydrate alkaline water.
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Kendrick Lamar ranked number 3 with career-best $58 million after his successful “DAMN” tour. He also has deals with Nike and American Express.
Going down the list, Drake ranked 4th with $47 million. Some newbies in this year’s list include Astroworld rapper Travis Scott at number 14 with $21 million, number 17 Lil Uzi Vert making $19.5 million, and number 19 Logic making $17 million.
Nicki Minaj did not make the list year after not touring and new album Queen dropping in the summer.
Here’s the top 10:
1. Jay-Z at $76.5 million
2. Diddy at $64 million
3. Kendrick Lamar at $58 million
4. Drake at $47 million
5. J. Cole at $35.5 million
6. Dr. Dre at $35 million
7. Nas at $35 million
8. Pitbull at $32 million
9. Future at $30 million
10. Kanye West at $27.5 million
11. DJ Khaled at $27 million
17. Lil Uzi Vert at $19.5 million
19. Logic at $17 million
20. Meek Mill and Russ at $15 million