Forbes Picks Diddy for First Rap Billionaire, Baby Disagrees
The "notorious name-changer" as Forbes has dubbed him, is currently estimated at having a worth of $550 million, but is poised to reach a billi shortly, due to his healthy stake in Ciroc vodka, which is valued at close to $1 billion. His ownership stake in fashion lines Sean John and Enyce, his marketing company Blue Flame, and, of course, Bad Boy Records also had to his stock.
However, not everyone in the hip-hop community agrees with Forbes' assessment. While Jay makes a strong argument for inclusion with his Live Nation deal, 40/40 Club ownership and New Jersey Nets stake, Cash Money CEO Baby contends that Lil Wayne's Young Money supergroup is poised to rake in a lot more than "Baby money."
"I think Young Money-Cash Money would be the first billion-dollar brand in hip-hop," Baby claimed, in an email to Forbes. "We strong and growing every day as a brand and fast. Within the next few years we will be billionaires."
What do you think? Diddy, Fiddy, Jigga or Weezy, which one will join Bill Gates, Warren Buffett and the Wal-Mart heirs in the Forbes 400?