(AllHipHop News) Earlier this month, Forbes released their annual “Forbes Five,” which ranks the world’s wealthiest hip-hop artists.
Diddy, was at the top of the list once again beating out Jay Z ($810 million) and Dr. Dre ($740 million), with a staggering net worth of over $820 million, thanks to his investments in Revolt TV, his liquor companies Ciroc and DeLeon and other ventures.
Diddy discussed his vast wealth during an interview on the red carpet during the Billboard Awards.
“For me it’s about the things that I could do with the success that I’ve had, like opening up a charter school, capital prep in Harlem and donating $1 million to my alumni. I’m really passionate about that.”
In addition to actually giving some of the money away, Diddy recognized that he was inspiring a new generation of locals and entrepreneurs.
“at the same time I do think that when my people see people that look like us on that list on Forbes and doing business really the right way, they get inspired, so no apologies.””
Check out the interview, and watch Diddy have some innocent fun with the interviewer.