Archive for September 23, 2011

Article: P.Diddy To Become HipHop’s first Billionaire. As Predicted By Forbes

The Bad Boy mogul might just beat out 50 Cent, Jay-Z and more in the quest to hit a billi.

Forbes magazine released its Forbes 400 list of America’s richest citizens, but no Hip Hop moguls managed to make the cut. Analyzing the race to become Hip Hop’s first billionaire, the publication predicts that Sean “Diddy” Combs will be the first to cross the billi mark with his current estimated net worth of $500 million.

The magazine explains that Diddy’s vodka deal with Diageo as an owner of Ciroc could increase his net worth. The Bad Boy honcho rakes in annual profits from the growing brand and could get a large payout if it’s sold. Additionally, his stakes in Sean John and Enyce as well as marketing firm Blue Flame and Bad Boy could put him ahead of Jay-Z as Hip Hop’s richest figure.

Birdman disagreed, proclaiming that Young Money Cash Money will earn an ninth zero before anyone else. “I think Young Money Cash Money would be the first billion-dollar brand in hip-hop,” he wrote in an email. “We strong and growing every day as a brand and fast. Within the next few years we will be billionaires.” as seen on hiphopdx.com

Music News: John Legend Executive Producers Show On NBC

Announced today, NBC will produce ‘Mixed Blessings’ a comedy series about a popular black hip hop artist who discovers he has a white teenage son growing up in the suburbs and the hijinks that ensue. mpore at www.thatsenuff.com

John Legend is executive producing the project with his partner Mike Jackson through their company, Get Lifted Film. Jackson is said to have inspired the concept for the show, bred in suburban Philadelphia.

Quote Of The Day

A man’s work is nothing but this slow trek to rediscover, through the detours of art, those two or three great and simple images in whose presence his heart first opened.
Albert Camus


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