"I'll Be Richer Than Jay-Z In 2006"
11 June 2005
SEAN ' P DIDDY ' COMBS is already planning to reclaim his crown as the richest hip-hop mogul from close friend JAY-Z, just days after the rapper was named rap music's biggest earner.
HARD KNOCK LIFE star Jay-Z's personal fortune rocketed to an estimated $320 million (USD) following the sale of ROC-A-FELLA RECORDS, which he co-owned with DAMON DASH, to the UNIVERSAL MUSIC GROUP.
Combs is thought to be worth $315 million (USD) - but he isn't jealous of Jay-Z.
He tells the NEW YORK DAILY NEWS, "I'm just proud of Jay-Z. I'm happy it's one of my friends. We're gonna trade that number one spot back and forth. He'll give it back to me next year."
Jay-Z is surprised by his climb to the top of the hip-hop rich list: "It's all in the plan. I didn't even expect it this year."