Jay-Z crowned hip-hop's cash king by Forbes.com

Friday, August 17, 2007
Jay-Z arrives for the MTV Movie Awards in Los Angeles, Calif. June 3, 2007. The rap icon, aka Shawn Carter, is No. 1 on Forbes' list of 20 "Hip-Hop Cash Kings," based solely on 2006 income. He banked an estimated $34 million, Forbes.com said Thursday, Aug. 16, 2007. (AP Photo/Kevork Djansezian)

NEW YORK -- Jay-Z wins all around, says Forbes.com. He's got Beyonc on his arm -- and more millions than 50 Cent and Diddy.

The rap icon, aka Shawn Carter, is No. 1 on the site's list of "Hip-Hop Cash Kings," based solely on 2006 income. He banked an estimated $34 million, Forbes.com said Thursday.

Jay-Z, president and CEO of Def Jam Recordings, released his 11th studio album, "Kingdom Come," which sold about 2 million copies. Jay-Z, 37, is also part owner of the New Jersey Nets and has endorsement deals with Budweiser, Hewlett-Packard and General Motors.

Curtis "50 Cent" Jackson ranks second with an estimated $32 million. The 31-year-old rapper-businessman oversees his G-Unit record label, clothing line, ring tones and other enterprises, and has sold more than 11 million albums. His latest record, "Curtis," is due out Sept. 11.

Diddy (real name: Sean Combs) placed third with an estimated $28 million. He has a clothing line, Sean John, and heads Bad Boy Worldwide Entertainment and its record label.

Rounding out the top five are Timba-land ($21 million) and Dr. Dre ($20 million). They're followed by Eminem ($18 million); Snoop Dogg, Kanye West, Pharrell Williams and Scott Storch (all $17 million); Ludacris and T.I. (both $16 million); Outkast and Lil Jon (both $14 million); Ice Cube ($13 million); Jermaine Dupri and Swizz Beatz (both $12 million); Chamillionaire and The Game (both $11 million); and Young Joc ($10 million).

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