Net worth: $2.7 billion As of March 2017 Source of Wealth: Television, self-made Education: BA/BS, Tennessee State University. The queen of daytime TV is now the queen of cable. Winfrey’s station launched at the beginning of 2011. In addition to her cable channel, Winfrey in overseeing the last season of her syndicated show, a magazine and Harpo productions. She also started a school for girls in South Africa. Winfrey has 5.2 million followers on Twitter. Her Harpo Productions helped create the likes of Dr. Phil and Rachael Ray. She’s produced Broadway shows and has her satellite radio channel and recently launched Oprah Winfrey Network (OWN). For all of this, she consistently earns more than $225 million a year.
Sean Diddy Combs
Net Worth: $550 million As of April 2017 Source of Wealth: Rapper, record producer, actor, fashion designer and businessman. Diddy’s business ventures, along with his career as a rapper, have made him the richest rapper on the planet, built fortune chiefly through clothing line Sean John, record label Bad Boy and Ciroc vodka. Acting gigs, television shows, and guest appearances add to coffers. Diddy was crowned 2011 wealthiest artist in hip-hop, with a fortune of $475 million. The “Hello Good Morning” rapper beat Jay-Z, who has an estimated wealth of $450 million, to claim the top spot in Forbes 2011 – Top 5 Wealthiest Hip-Hop Artists.
Estimated net worth: $550 million As of May 2017 Source of Wealth: BET, investments
The first African-American billionaire’s fortune dropped when the recession hammered media and hotel markets. With his wife, he founded cable channel Black Entertainment Television (BET) in 1979 with $15,000 of his money and a $500,000 investment by John Malone’s cable and media giant Tele-Communications Inc. He became the first African-American billionaire in 2000 after selling BET to Viacom for $3 billion in stock and assumed debt. His former wife and BET co-founder, Sheila Johnson, took half of the fortune in 2002 divorce.
Net worth: $500 million As of September 2016 Source of Wealth: Golf, endorsements
Woods has earned over $130 million in career prize money and $900 million in revenue from endorsements, appearance fees and golf course design business since 1996. His agents, the tax man, and recently divorced wife Elin Nordegren have all gotten pieces of those earnings. But he will make it to 10 figures if he starts winning again and sponsors return.
Net worth: $500 million As of September 2016 Source of Wealth: Basketball, Nike, endorsements
Former Chicago Bulls wonder earned $90 million in salary during his playing career. Most of his fortune now derives from endorsement deals with his biggest sponsor, Nike; he raised his stake in the NBA’s Charlotte Bobcats to 80% this year.
Photo credits: PolitiFact