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Posted by Rosario Herrera on
#1 Andre Romelle Young — AKA Dr Dre
Net worth: US$790 million
Sideline business: Co-founder of extremely valuable headphones company Beats Electronics.
Philanthropy: With business partner Jimmy Iovine, Young donated US$70 million to establish The Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation at the University of Southern California.
#2 Sean John Combs — AKA Puff Daddy, formerly P Diddy, formerly Puffy, originally Puff Daddy (he was Diddy at one point too)
Net worth: US$630 million
Sideline businesses: Owns cable TV network Revolt and lifestyle fashion brand Sean John; stakeholder in Ciroc Vodka.
Philanthropy: Donated US$250,000 to the Howard University’s School of Business (which gave him an honorary degree after he dropped out); ran the New York City Marathon, raising US$2 million for charities, including New York’s public schools, children suffering from AIDS, and his own charity to promote social programmes; on the board of the Hip Hop Summit Action Network not-for-profit organization for education advocacy and youth empowerment.
#3 Shawn Corey Carter — AKA Jay-Z
Net worth: US$500 million
Sideline businesses: Owns sports-bar chain 40/40 Club; an investor in Israeli wireless tech company Duracell Powermat; and a stakeholder in fragrance firm Perfumania.
Philanthropy: Owns the Shawn Carter Scholarship Foundation, which has awarded scholarships worth US$1.1 million to 750 students; pledged US$1 million to the American Red Cross relief effort post Hurricane Katrina; pledged US$5,000 each to six schools in New York and New Jersey, and US$5,000 to The 100 Mile Man Foundation; and supports a host of other community and educational charities.
#4 Curtis James Jackson III — AKA 50 Cent
Net worth: US$240 million
Sideline businesses: Owns G-Unit Clothing; has released several PlayStation games; and has appeared in films, including the semi-autobiographical movie Get Rich or Die Tryin’.
Philanthropy: Founder of the G-Unity Foundation; supports Shriners Hospital for Children and the New York Restoration Project.
#5 Kanye Omari West — AKA Yeezus
Net worth: US$110 million
Sideline businesses: West’s other ventures are mainly fashion lines, including collaborations with Nike, Adidas and Louis Vuitton.
Philanthropy: The Kanye West Foundation closed in 2011, reportedly due to lack of actual donations; has appeared at fundraisers and done community work for Hurricane Katrina relief and other foundations.