Drake Replaces 50 Cent On Forbes Top 5 Rich List

4 May 2016, 09:58

Drake and 50 Cent

Views from Forbes.

Forbes has officially revealed that Drake is now included within its ‘Forbes Five: Hip Hop’s Wealthiest Artists’ list, dethroning 50 Cent for the first time. 

The website has reported a net worth of $60m for the ‘Views’ rapper – generated from touring, music and a number of lucrative sponsorship deals with Apple, Nike, Sprite and more. 

Drizzy is now number 5 on the list behind Jay Z, Birdman, Dr. Dre and Puff Daddy.

He once famously rapped “25 sitting on $25m" in ‘The Motto’ and also previously claimed that he wanted to make $250m by the time he was 29. 

According to Forbes, 50 Cent was knocked off the list due to last year’s bankruptcy filing – with the rapper reportedly losing his $100 million Vitaminwater earnings.

Meanwhile, Puff Daddy is still at the top of the list with an estimated net worth of $750 million. 

The music mogul has a number of lucrative investments including Ciroc, Sean John and his own media company Revolt. 

Check out the list below:

5. Drake - $60m
4. Birdman - $110m
3. Jay Z - $610m
2. Dr Dre - $710m
1. Puff Daddy - $750m

Want the latest news sent straight to your phone? Download the Capital XTRA app for free

Major Lazer

18 New Songs, Albums And Remixes To Love In June 2017

Drake The Boy Meets World Tour

17 Artists You Could See At Drake’s OVO Fest London

J Cole

The Ultimate Motivation Songs Playlist: 18 Tracks To Lift You Up

Destiny's Child

Old-School R&B Songs Playlist: 22 Classics To Take You Right Back