P Diddy Named Richest Rapper In The World!

I'm guessing he'll definitely be celebrating about this!

P Diddy has been named the wealthiest performer in hip-hop by Forbes magazine. The rapper-producer who is also known as Diddy Dirty Money, Puff Daddy and Sean John, is estimated to have $475 million!


So is he that filthy rich? Well Diddy owns the Sean John clothing line, the Bad Boy Worldwide record label and co-owns the vodka brand Ciroc.Let's not forget he's started to dabble in acting, debuting his acting skills in 'Get Him To The Greek' alongside Russell Brand.

The second wealthiest rapper was named as Jay-Z, who holds a fortune of $450 million! So he's not too bad off either, and combined with wifey Beyonce's fortune, they are probably the richest hip-hop couple!


Dr Dre, Eminem, Snoop Dogg and 50 Cent also made the list.

P Diddy Buys His Son A Limousine For Getting Good Grades!

Wow what a great incentment to work hard in school!

P Diddy has given his 17-year-old son Justin a limousine to celebrate the fact that he's been getting good grades in school recently (Are you serious???).

The Get Him To The Greek star bought the $390,000 Mercedes Maybach for his son and Diddy says he wanted to reward him:

"Justin has turned himself around and is now an honors student, which he wasn't before, so I wanted to treat him. It's a collector's car so maybe he will use it for special occasions like on a first date, but like all my kids, he prefers the simpler things than the expensive things. Simple tastes."

Wouldn't mind a first date in that!! You may remember that last year for Justin's 16th birthday (filmed by MTV) Diddy gave his son a $360,000 luxury sedan and a check for $10,000, which Justin immediately donated to Wyclef Jean's charity Yele Haiti.
 
Diddy is also father to 12-year-old Christian Casey, 4-year-old twin daughters D'Lila Star and Jessie, and 4-year-old daughter Chance. And I'm guessing they have a lot of awesome presents coming their way too!