Diddy Named Richest Rapper

Jay-Z follows close behind at number two.

Posted: 07/30/2012 02:00 PM EDT

A new list of hip hop's wealthiest stars has reaffirmed Diddy's status as the world's most valuable rapper. The list of 20 artists and moguls, published by Celebrity Net Worth, places the Bad Boy Records founder at the top with a personal net worth of $500 million. Jay-Z follows closely behind with a net worth of $475 million.

The list echoes the findings of another report published earlier this year by Forbes, which also had Diddy and Jay in the one and two spots. The Celebrity Net Worth list is more extensive, however, and also includes Master P ($350 million), Eminem ($120 million) and Rick Ross ($25 million).

See the full list below:

#20 Rick Ross – Net Worth $25 Million
#19 Tie between T-Pain and T.I – Net Worth $30 Million
#18 Nelly – Net Worth $55 Million
#17 Busta Rhymes – Net Worth $60 Million
#16 Ludacris – Net Worth $65 Million
#15 Beastie Boys – Net Worth $75 Million Each*
#14 Timbaland – Net Worth $75 Million
#13 Pharrell Williams – Net Worth $77.5 Million
#12 Tie between LL Cool J and Akon – Net Worth $80 Million
#11 Kanye West – Net Worth $90 Million
#10 Lil Wayne – Net Worth $95 Million
#9 Ice Cube – Net Worth $100 Million
#8 Snoop Dogg – Net Worth $110 Million
#7 Birdman – Net Worth $115 Million
#6 Eminem – Net Worth $120 Million
#5 50 Cent – Net Worth $250 Million
#4 Dr. Dre – Net Worth $260 Million
#3 Master P – Net Worth $350 Million
#2 Jay-Z – Net Worth $475 Million
#1 Diddy – Net Worth $500 Million

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 (Photo:  Larry Busacca/Getty Images For The Recording Academy)

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