^^ Thank you Rip. Flavoured Water and Vitamin water both sound like H2O to me. Someone selling H2O for 400mill sounds like that someone that's one hell of a hustler. And he did'nt even finish high school.
Now for those that keep up with this, the numbers are out.
1.
Jigga man -
US$547 million. Jay-Z's wealth for 2007 is based on the following: The Rocawear sale (after corporate lawyer fees and taxes applied) is in the $150-$160 million range, his Def Jam salary ($3 million) his endorsement deals ($9 million) his publishing rights ($10 million annually) his annual income from his 40/40 clubs is ($5 million), his income from Armadelle Vodka nets him $13 million yearly, his royalties from "Kingdom Come,' netted him $2 million due to a high royalty rate (despite sluggish sales due to downloading ) and his consultant salary with Anheuser-Busch along with his NBA investment nets him a combined total of $5 million-and his $340 million carried over from 2006 brings the grand total to staggering: $547 million dollars. Highest dollar amount (Rocawear) calculated for overall total.
2.
Curtis "Interscope" Jackson -
US$440 millionJust last week it was reported, 50 Cent, who has 10% ownership "glaceau," is expected to make $400 million (before taxes) after Coca Cola purchased glacéau for $4.1 billion. In November 2003, before releasing "Beg for Mercy," with G-Unit, 50 Cent signed a deal with Reebok to release his G-Unit Sneakers brand. He also started The G-Unit Clothing Company. A video game, in which he provides the voice-over as the protagonist, 50 Cent: Bulletproof was released for PlayStation 2, Xbox, and the PlayStation Portable. 50 Cent has worked with glacéau to create and market low-calorie, natural drinks called Formula 50. He also launched a condom line and plans to donate a part of the proceeds to HIV awareness. 50 also receives $3-5 million per film. 50 created a empire within seven years and reached the $100 million dollar mark within five years of success. He is one savvy businessman. 50 may not win all of the awards but he has the second biggest bank account in the rap game.
As we stated once before, 50 is the only rapper to perform for overseas royalty at a rate of $500,000 per show. With his Coca Cola deal, numerous merchandise deals, ring tone deals, along with his film salary (3 films) and investments. 50 is now worth $440 million, after taxes.
50 will pocket additional income when his 52-room mansion in Connecticut (on the market) for an undisclosed price is purchased, it's rumored that the asking price is $10 million.
3.
Diddy - US $ 358 million Surprisingly, Diddy has slipped all the way down to our number three spot, last year he was the richest man in hip-hop. Diddy is going to have to step up his game like Jigga and 50-to regain the number one spot.
Combs presides over a media empire that includes the record label Bad Boy Records, the clothing lines Sean John and Sean by Sean Combs, a movie production company, and two restaurants. He has taken the roles of recording executive, performer, producer of MTV's "Making the Band," writer, arranger, clothing designer, and Broadway actor and he has made a fortune in the process.
Last year (2006), Combs estimated wealth was $346 million dollars. Since then, he's earned $1 million per month through his various business ventures for the last 12 months. Putting his wealth for 2007 at: $358 million dollars.
Some interesting observations: The number one spot is held by a dude who used rap to become "a business, man".
The number two spot is held by a dude who raps & is a business man.
The number three spot is held by a dude who used business to become a "rapper".
