Diddy Okays Timberlake’s Sexy, Deemed Richest Person in Hip Hop
Thursday. 8.31.06 11:49 am
By: Shayla Byrd
August 9, 2006
Justin Timberlake may think that he’s bringing "Sexyback,” but according to Diddy—it never left.
Diddy, known for his extravagant use of the word “sexy,” has no problem letting the blue-eyed soul singer use his catchphrase for his new single, but not before making a few things clear.
"I'm a big fan of Justin and he's allowed to use my catchphrase 'sexy' and run with it,” Diddy told Contact Music. “I mean, I got it from somebody else, so it's all good. [But] I am the king of the sexy, Justin. Let's not get it twisted."
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The rapper/producer—who was recently awarded a star on The Hollywood Walk of Fame—may be a contender for the king of hip hop as well, as he was recently deemed the "Richest Person in Hip Hop" by the Panache Report website.
After six months of research, the site’s creator Myra Panache, found that the Bad Boy had $346 million, edging out Def Jam President Jay-Z ($340 million) and Def Jams co-founder Russell Simmons ($325 million).
Sales of Diddy’s men’s fragrance “Unforgiveable” provided the numbers that pushed him to the top spot. According to Panache, Diddy earned an additional $6 million this year from the fragrance. His other earnings come from the sale of his Bad Boy record label to Warner Music Group and his Sean John clothing line.
Runner-up Jay-Z’s fortunes come from his stake in the New Jersey Nets, Armadale Vodka, his 40/40 nightclub chain, and his $3 million Def Jam salary.
So So Def founder Jermaine Dupri made the list for the first time this year, tying Nelly at 10th place with $60 million.
Check out the top ten list:
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Diddy, $346 Million
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Jay-Z, $340 Million
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Russell Simmons, $325 Million
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Damon Dash, $200 Million
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Neptunes, $155 Million
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Dr. Dre, $150 Million
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Ice Cube, $145 Million
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Eminem, $110 Million
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50 Cent, $100 Million
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Tie: Nelly and Jermaine Dupri, $60 Million each
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Categories: MUSIC BUZZ [t]
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