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  • Sean "Diddy" 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.

PUFFY Vs 50c

Since it was recently revealed that 50 Cent actually made $100 million and "NOT" $400 million dollars off his widely reported vitamin water deal, he moves to our honorable mention category and Russell Simmons moves into third place.

Just last week it was reported, 50 Cent, who has 10% ownership "glaceau," is expected to make $100 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, no wonder Mary J. Blige and her husband Kendu asked him for tips regarding financial investments. 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.

What a difference a year makes, last year, 50 was worth $100 million. The Coca-Cola deal more than tripled his income for 2007.

With his Coca Cola deal, numerous merchandise deals, ring tone deals, along with his film salary (3 films) and investments. 50 is now worth $200 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.

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