P Diddy displaces Kanye West, becomes hip hop newest billionaire
Following the recent financial woes of Kanye West, his senior colleague P. Diddy has replaced him as the newest hip hop billionaire.
A new report by former Forbes entertainment editor, Zack O’Malley Greenburg, indicated that Diddy becomes the third hip-hop artiste to ever attain the billionaire status after Jay-Z and West with a total net worth of $1billion.
Besides his ‘Bad Boy Records’ label, Diddy also owes his new billionaire status to other businesses like Revolt and Ciroc.
Though he has since apologized, albeit Ye’s anti-semitism in recent indeed cost him a huge fortune as he was announced by Forbes to have dropped off their billionaire list.
Read Also: Seven top coys that dumped Kanye West over anti-semitic comments
A report Ye affirmed in an Instagram post on Friday, October 27, when he revealed that he lost $2 billion in one day but was still alive.
After the “Donda” rapper’s lucrative deal with German athletic wear company, Adidas got terminated on Tuesday, over anti-Semitism he lost his billionaire status with his net worth now estimated to be sitting around $500million from $1.5 billion.
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