However, Jay Z isn’t far behind, especially after his streaming company, Tidal, received a $200 million investment from Sprint that reportedly put the value of the company at $600 million. That means that, for the first time since 2014, when Andre “Dr. Dre” Young sold Beats to Apple for $3 billion, Jay Z has pulled ahead of him on the list.
It seems Jay Z and Diddy are currently racing to see who will hit billionaire status first, and considering the various business deals both of them are running, it’s anyone’s game as to how that turns out, especially with Tidal and Roc Nation continuing to be a source of growing success for Jay Z.
Bryan “Birdman” Williams, who owns Cash Money Records, home to Drake, Nicki Minaj and Lil Wayne, along with his brother, was fourth on the list, with Aubrey “Drake” Graham fifth after last year’s Views was the first album to top 1 billion spins on Apple Music.