Tag Archives: Money

Diddy Tops Forbes’ Highest Paid Musicians of 2017 List

Nothing shows success like topping the list with Forbes! Um…currently in need of some tips from Diddy at the moment since he is topping the list for being the highest paid musician! This man knows how to invest and make money!

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Forbes has revealed its annual list of the highest-paid musicians, with artists including Coldplay, Beyonce, Diddy and Justin Bieber all among the top earners. Diddy [Sean Combs] was named the highest earner, raking in $130 million, with much thanks to his deal with Ciroc vodka, the sales of one-third of Sean John for $70 million, and a Bad Boy Family Reunion tour.

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“I’m the average person,” Diddy told Forbes, rather hilariously, earlier this year. While he might not have started out that way  of course, “I started looking at business at the age of 12, from delivering newspapers to working in gas station bathrooms, or even doing things like being a background dancer or a stylist,” he continued, and now he’s anything but average today, as his status at the top of Forbes’ annual world’s highest-paid musician list shows. In the top 5, Diddy who brought in $130 million is followed by Beyonce, Drake, The Weeknd and Coldplay.

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The list is based on pretax income from June 1, 2016 through June 1, 2017, and does not subtract fees charged by agents, managers and lawyers. Data was gathered from Nielsen Music, Pollstar, the RIAA and industry insiders.

  1. Diddy ($130 M)
    (Cash cows: Bad Boy Family Reunion Tour, Ciroc vodka deal, estimated $70 million sale of one-third of Sean John fashion line)
  2. Beyoncé ($105 M)
    (Cash cow: Formation tour)
  3. Drake ($94 M)
    (Cash cows: The world’s most-streamed artist, Boy Meets World tour, deals with Apple, Sprite and Nike)
  4. The Weeknd ($92 M)
    (Cash cows: 5.5 billion streams in two years, touring)
  5. Coldplay ($88 M)
    (Cash cow: Head Full of Dreams tour)
  6. Guns N’ Roses ($84 M)
    (Cash cow: Not in This Lifetime tour)
  7. Justin Bieber ($83.5 M)
    (Cash cows: One billion-plus streams, Purpose tour, Calvin Klein endorsement)
  8. Bruce Springsteen ($75 M)
    (Cash cows: The River tour, “Born to Run” memoir)
  9. Adele ($69 M)
    (Cash cow: “25” album and tour)
  10. Metallica ($66.5 M)
    (Cash cows: WorldWired tour, “Hardwired… To Self-Destruct” album)
  11. Garth Brooks ($60 M, tie)
    (Cash cows: Touring, “The Anthology Part 1” book and boxed set)
  12. Elton John ($60 M, tie)
    (Cash cow: Touring, Las Vegas residency)
  13. Paul McCartney ($54 M, tie)
    (Cash cows: Touring, Beatles and solo catalogs)
  14. Red Hot Chili Peppers ($54 M, tie)
    (Cash cows: Touring, “Getaway” album)
  15. Jimmy Buffett ($50.5 M)
    (Cash cows: Margaritaville franchises, including hotels, restaurants, merch)
  16. Calvin Harris ($48.5 M)
    (Cash cows: Touring, “Funk Wav Bounces Vol. 1” album)
  17. Taylor Swift ($44 M)
    (Cash cows: Endorsements, catalog)
  18. Kenny Chesney ($42.5 M)
    (Cash cows: Touring, “Cosmic Hallelujah” album, Corona and Apple deals)
  19. Luke Bryan ($42 M)
    (Cash cows: Touring, Outdoor Channel reality show Buck Commander, Cabela’s and Miller Lite endorsements)
  20. Celine Dion ($42 M)
    (Cash cows: Touring, Las Vegas residency)
  21. Jay-Z ($42 M)
    (Cash cows: $200 million Live Nation deal)
  22. Bruno Mars ($39 M)
    (Cash cow: Touring, “24K Magic” album)
  23. Tiësto ($39 M)
    (Cash cow: Touring)
  24. The Chainsmokers ($38 M)
    (Cash cows: Touring, “Memories… Do Not Open” album, streaming)
  25. Jennifer Lopez ($38 M)
    (Cash cows: Las Vegas residency, “World of Dance” TV show)

Diddy is truly living his dreams, and continues to be a successful example for those who also desire to pursue theirs. You can catch him along with DJ Khaled and others on the new show TheFour which airs on Fox network, January 4, 2018!

EXCLUSIVE: Kodak Black Lawyer Wants To Drop Him As A Client: He owes me money!

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 Kodak Black’s Lawyer Wants To Drop Him As A Client

Looks like the lawyer needs him a little baby who can listen because Kodak ain’t paying him no attention.

According to theJasmineBRAND.com, Kodak Black is accused of screwing over his lawyer representing him in a legal battle with a concert promoter – with his attorney heading to drop his client, saying he refuses to communicate with him or pay
his legal bills.

Here’s the latest: On July 14th, Kodak’s lawyer headed to court demanding the court allow him to drop his client. The rapper’s lawyer, Darren Heitner, explains he is seeking permission to withdraw as Kodak’s representative in the lawsuit. He says irreconcilable differences have arisen between Kodak and himself, which as a result it is inappropriate for him to continue representing Kodak.

He claims to have made numerous attempts to contact Kodak and other legal counsel for him, all of which have completely ignored a multitude of emails, phone calls and which precludes him from continuing to be able to rep him in the legal battle.

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Further, he says Kodak is very past due and refuses to pay by way of ignoring communications. The lawyer claims he will be imposed with an unreasonable hardship if the court will not let him drop Kodak immediately.

Here’s the backstory: Last year, the rapper was sued for fraud by Florida-based concert promoters, JackBoyd Entertainment and Three Island Boyz Entertainment.

The promoters explained Kodak signed a deal with them in November 2015 to perform a Valentine’s Day concert. He was to be paid $7k (half upfront) and would perform 1 hour on stage. The promoters said they spent a ton of money on marketing and selling tickets.

Days before the show, Kodak informed them he wasn’t going to show because he was taking a vacation with his girlfriend to Puerto Rico for Valentine’s Day. They sued the rapper for the money lost on the concert and harm to their reputations.

The rapper headed to Florida court disputing they had an agreement on the concert date and claimed they agreed to determine a future suitable date to perform. He also claimed that he was never paid the $3,500 upfront he was owed. As a result, he accused the promoters of breaching the deal first and demanded their suit be thrown out of court. He was represented by attorney Darren Heitner.

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