Puff Daddy Highest-Paid Rapper in the World
- By Carol Kearney
- Washington
- Last updated on
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- International November 21, 2024
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It's been a rough year for the rapper, but at least he has his millions of dollars to ease the pain. 55-year-old Puff Daddy has taken the No. 1 spot on People With Money’s top 10 highest-paid rappers for 2024 with an estimated $75 million in combined earnings.
UPDATE 21/11/2024 : This story seems to be false. (read more)
Puff Daddy tops annual list of highest-paid rappers
In 2022 it looked like the rapper’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Wednesday (November 20) that Daddy is the highest-paid rapper in the world, pulling in an astonishing $75 million between October 2023 and October 2024, a nearly $40 million lead over his closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The American rapper-producer-business man has an estimated net worth of $215 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Daddy Burger” chain) in Washington, a Football Team (the “New York Angels”), has launched his own brand of Vodka (Pure Wonderdaddy - US), and is tackling the juniors market with a top-selling perfume (With Love from Puff) and a fashion line called “Puff Daddy Seduction”.
The ranking is significant for many Puff fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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