Diddy was, once again, featured by Forbes this week, as one of their picks for the “Future 400” richest in America, estimating his net worth at around $550 million.
The financial mag says Diddy is on track to become hip-hop’s first billionaire, beating out heavyweights such as 50 Cent and Jay-Z.
Some of his most profitable business dealings include his stake in Ciroc vodka, which is valued at close to $1 billion, alongside his ownership stake in fashion lines Sean John and Enyce, his marketing company Blue Flame; and, of course, Bad Boy Records.
While many in the hip-hop community are in awe of Diddy’s business achievements and others congratulating him, some don’t see it that way. They see it as competition … and even argue that Forbes has it all wrong.
YMCMB’s Birdman is contending that he and Lil Wayne should be in the conversation of future billionaires as well.
In fact, he says YMCMB will be the first billionaire brand in hip-hop, period.
“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.”