P. Diddy beats Jay Z to top hip hop rich list

Washington, Apr 18 (ANI): Sean Combs has topped Forbes magazine's annual hip-hop rich list of 2012.

The star who is known by his stage name of P. Diddy is worth 550 million dollars, which includes his stakes in Ciroc Vodka, Sean John and Enyce clothing, Blue Flame marketing and his label, Bad Boy Records, according to the publication.

New dad Jay Z has come in close second with an estimated 460 million dollars fortune, Contactmusic reported.

Coachella festival headliner Dr. Dre, Bryan 'Birdman' Williams and 50 Cent round out the top five. (ANI)