It seems JAY-Z‘s business hustle has paid off after Forbes listed him as the top-earning hip-hop artist of 2018, dethroning Sean “Diddy” Combs who came in at No. 1 in 2017. This is the first time in seven years that Diddy hasn’t been in first place.
The magazine reported the “Hard Knock Life” rapper, 48, had a net worth of $900 million, elevating his worth in the last 12 months by $90 million.
The increase came mostly from the rising value of his interests in Armand de Brignac champagne and D’Ussé cognac, as well as ownership stakes in Roc Nation and his Tidal music streaming service, according to Forbes. Likewise, Diddy continues to bring in the big bucks thanks to ventures with various spirit companies, and Dre is still reaping the benefits of Apple’s $3 billion buyout of his Beats company from 2014.
For now, Jay-Z finds himself in great company. None other than wife Beyoncé was named 2017’s highest-paid woman in music with a $105 million salary. After all, there’s a reason why they call Bey and Jay a power couple.