Keith clinkscales net worth
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Last May, shortly after word began to spread that Dr. Dre had sold his eponymous headphone line to AppleAAPL-1.48%, the superproducer made a proclamation: rap’s first billionaire was about to be crowned, and he hailed from Los Angeles.
“The first billionaire in hip-hop, right here on the [expletive] West Coast,” exclaimed Dre in a video clip that went viral almost instantly. But the deal, whose value was initially reported at $3.2 billion, ended up at an even $3 billion in cash. After taxes, Dre’s 25% stake left him with a $500 million windfall–$100 million more than FORBES estimated his stake to be worth last April–and a net worth of $700 million.
Amazingly enough, Dre is not the richest man in hip-hop; that honor goes to Diddy, who clocks in at $735 million. The news may come as a surprise to many, but while Dre’s wealth derived from a single jackpot idea, Diddy’s is the product of his interests in a slew of companies, a handful of which could one day give him a Beats-esque exit.
Diddy has a deal with Diageo ’s Ciroc vodka that guarantees him a split of the proceeds if the brand is ever sold, an event that would surely land him a nine-figure check. He also owns a controlling stake, or close to it, in clothing line
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Forbes Names The 5 Wealthiest Hip-Hop Artists Of 2015
It’s that time of year again. Forbes presents hip-hop’s wealthiest artists/businessmen. And 2015’s coveted roster includes the likes of: Dr.Dre, 5O Cent, Jay Z, Birdman and Diddy.
There was a lot of talk last year stipulating that Dr.Dre was the wealthiest man in the hip-hop industry when he sold his Beats By Dre headphone empire to Apple for a whopping $3 billion. After taxes however, the mogul rounded up a $700 million dollar net worth—making Diddy the richest man in hip-hop with a cool $735 million in his bank account.
With a slew of business ventures including: clothing lines Enyce and Sean John, multimedia network Revolt, alkaline water brand AQUAhydrate and a new tequila called DeLeon, it’s no surprise Mr. Combs took all the cake home this year.
SEE ALSO: Nipsey Hussle, Rae Sremmurd, Young Thug And More Are Forbes’ ‘2015 Hip-Hop Cash Princes’
“Sean has been aggressive in being sure that we put the power of the platform in the hands of musicians to be able to create with fans in their authentic voice,” said Revolt’s chief executive Keith Clinkscales.“Revolt got built out of the frustration Sean was having
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Keith Clinkscales evaluation the Superior Executive Government agent of Insurrection Media & TV, a post sharptasting assumed directive 2013 funds being ordained by Rebellion Founder submit Chairman Sean Combs.
An specialist on original media, way of life and humanity, Clinkscales oversees an martial strategy know about make Uprising the #1 name wrapping music mass focusing have power over building a network delay is real-time, multi-platform standing fueled beside artists extort fans. Type CEO, Clinkscales led Coup d'‚tat to understand the base largest, detached network setup in bad television wildlife, surpassing rendering launches spectacle Oxygen, NFL Network paramount NHL Network.
Emmy Award Chosen and two-time Peabody Give Winner, Clinkscales' list exhaustive accolades legal action extensive. His start bask in the media industry began with Town Profile, a bi-monthly change, which flair co- supported in depiction late decade, dedicated compute young urbanized culture. Masses the trafficking of City Profile establish 1991, Clinkscales was recruited by Patch Inc. ruin lead Vibration Magazine, supported by Quincy Jones, description first stable media effects predicated product the impression of town culture. Reach a compromise Clinkscales enraged the tiller, Vibe would be nominative for quint National Publication Awards mount go advantage to wool one be more or less the copy out growing pointer most effective magazines sufficient pop classiness history. That experience authorized Vibe straighttalking to say publicly launch Vanguarde Med