Billionaire Boys Club

Posted on 26. Nov, 2009 by admin in Business, Entertainment, Finance & Investments, Music

Now alot of us at Pbleepd are known for making some outrageous comments but this could be one of the craziest ones to date….is it possible that two of hip-hop’s most popular figures have reached the billion dollar mark?

Amongst uncertainty, Jigga and Papa Diddy Pop are stated to have had a worth of around half a billion each give or take (and that was almost two years ago). Yet with so many conspiracies surrounding corporate america and the entertainment industry you wouldnt be surprised if it’s considerably less or…double? We all know the money NEVER stops, and despite a recession certain power figures have been able to ride it stress free, especially those connected in the music industry. Both artists remixed two of the biggest hip-hop tunes of last year and are not afraid to let their egos mouths slip on the respective tracks.

Jay-Z’s “A Billie” may be considered a premature confession but something tells me if he’s not there he’s mighty close. In adeptly named “Swagga Like Puff” diddy quotes at being on $999 million (ca-ching!). Now I know rappers are prone to lie outta their stomach but Diddy does put money where his mouth is. Both are admirable businessmen with a strong hold on corporate ethics as well as a huge influence on the “less priviliged” through their success stories. Im doubting myself more and more as I write this but lets take a look at what could possibly get them towards a Billie if they aren’t there already.

“A Billie, A Billie, A Billionaire, call me Philly Collins, I feel A Billie is in the air” - Jay-Z

The Business Ad”ventures” of Shawn Carter & Sean Combs

RECORD LABELS

Jigga…

Co-Founder of Roc-A-Fella Records; which he sold on to Def Jam which coincidentally ties in with the next bullet point
Former president of Def Jam, biggest “urban” music label in the world. Salary = Whoa!
Signed a $150million deal with Live Nation starting up RocNation which would serve as a record label, talent/management agency, and music publishing company.
Partnered with Stargate to form a record label called StarRoc (original)

Puff Daddy..

Founded Bad Boy Records
Starting new label after signing deal with Interscope Records

FOOD AND DRINK

Jiggaman…

Owns the famous 40/40 club with branches in New York, Atlanta & Chicago which will be globalised in the near future (targets are Japan & Singapore)
Co Brand Director for Budweiser Select

Puffy…

Restaurant owner (Justin’s)
50% stake in premium vodka company Ciroc which helped parent company Diageo earn $2 billion last year
$100million deal with Diageo for another premium vodka
endorsements in Pepsi and Burger King

                                                       as seen on BEST LIFE

CLOTHES

Hov…

Former co-owner of Rocawear; sold it for $204million. Carter is still a stakeholder in the brand oversseing marketing, licensing and product development

P.Diddy…

Former owner of most successful hip-hop clothing line Sean John. Still a stakeholder
50% ownership of high-end label Zac Posen
Owner for urban lifestyle brand Enyce
Designed NBA Team Dallas Maverick’s Away Kit

MUSIC AND TV

Hova….

Multi-Platinum recording artist. 11 number 1 albums, 40 million records sold
Executive Producer on numerous albums
Bought out his contract from Def Jam resulting in higher royalties from Blueprint 3
Three advertisement deals with Budweiser, Hewlett Packard & General Motors

Diddy….

Multi-platinum recording artists
Produced and Executive Producer on numerous albums
TV/Film Production: Producers of Making The Band, Run’s House, So You Want To Work For Diddy
Actor: Raisin In The Sun. Carlito’s Way: Rise To Power

MISCELLANEOUS

“It’s The Roc”….

Owns stake in NBA Team New Jersey Nets
Real Estate Partnership in Chelsea, New York: J Hotels
Co-Producer (with Will and Jada-Pinkett Smith) of upcoming Broadway show: FELA
Producer royalties from Roc-A-Fella Films

“As We Proceed”….

Owner of two fragrances - I AM KING & Unforgiven
Sean Comb Enterprises: Brand Management
Broadway Theatre: Raisin In The Sun
Producer Royalties from NOTORIOUS
Partnership with Kansas car-manufacturers to produce rims called Sean John Wheels

“I can drop a 100 mil like it really aint nothin’, Im in Forbes top 100 you in Forbes top nothin’” - Diddy

Interesting to know that this doesn’t even cover all of their investments and royalties. Whether or not these two are billionaires remains to be seen but their business acumen suggests that they cant be too far away. What do you think?

Tags: Highlight