Dr. Dre earned $620 million last year, but this year Diddy, Jay Z, and Drake all surpassed him

Who's Breaking the Bank in Hip Hop Industry?

Forbes annual Hip-Hop Cash Kings roundup is here, and there are quite a few surprises.

Last year, Dr. Dre made the most money in hip-hop after Apple purchased his company, Beats Electronics, for $3 billion. A year later, Dre has slid into fourth place behind Diddy, Jay Z, and Drake.

According to Forbes, after coming off the big $620 million personal payday from Apple, Dre's checks have shrunk a bit, essentially reducing his cash flow. Dre is still massively rich, regardless.

Aside from his newfound wealth via Apple, Dre executive produced the N.W.A. biopic "Straight Outta Compton," (which has netted about $160 million in the US to date) and released an album that coincided with the film. Those numbers, however, weren't factored into the current rankings.

With Dre's fall, Diddy moved right into the first spot, even though he rarely ever performs or makes music anymore. He's all about business, and it's paying off.

Photos of Diddy from over the years:

Sean P. Diddy Combs
See Gallery
Dr. Dre earned $620 million last year, but this year Diddy, Jay Z, and Drake all surpassed him
NEW YORK, NY - FEBRUARY 15: Rapper Sean Combs attends the 2015 NBA All-Star Game at Madison Square Garden on February 15, 2015 in New York City. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Elsa/Getty Images)
NEW YORK, NY - MAY 04: Sean Combs arrives at Rihanna's Private Met Gala After Party at Up & Down on May 4, 2015 in New York City. (Photo by Daniel Zuchnik/Getty Images)
Cassie and Sean Combs arrives at the 2015 Metropolitan Museum of Art's Costume Institute Gala benefit in honor of the museums latest exhibit China: Through the Looking Glass May 4, 2015 in New York. AFP PHOTO / TIMOTHY A. CLARY (Photo credit should read TIMOTHY A. CLARY/AFP/Getty Images)
LAS VEGAS, NV - MAY 02: Model Cassie Ventura (L) and Sean 'Puff Daddy' Combs pose ringside at 'Mayweather VS Pacquiao' presented by SHOWTIME PPV And HBO PPV at MGM Grand Garden Arena on May 2, 2015 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images for SHOWTIME)
WASHINGTON, DC - MAY 10: Entrepreneur and philanthropist Sean 'Diddy' Combs reacts after delivering the commencement speech at Howard University's 146th commencement exercises on May 10, 2014 in Washington, D.C. Also honored at the convocation were CNN anchor Wolf Blitzer, Chairman and CEO of PespiCo Indra K. Nooyi, professor of surgery Dr. Clive Callender, and jazz legend Benny Golson. (Photo by Allison Shelley/Getty Images for DKC)
LOS ANGELES, CA - MAY 01: Rapper Sean 'Diddy' Combs speaks onstage during the 2014 iHeartRadio Music Awards held at The Shrine Auditorium on May 1, 2014 in Los Angeles, California. iHeartRadio Music Awards are being broadcast live on NBC. (Photo by Kevin Winter/Getty Images for Clear Channel)
NEW ORLEANS, LA - FEBRUARY 16: Sean Combs attends the 2014 NBA All-Star game at the Smoothie King Center on February 16, 2014 in New Orleans, Louisiana. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Ronald Martinez/Getty Images)
BEVERLY HILLS, CA - JANUARY 12: Sean Combs attends The Weinstein Company & Netflix's 2014 Golden Globes After Party presented by Bombardier, FIJI Water, Lexus, Laura Mercier, Marie Claire and Yucaipa Films at The Beverly Hilton Hotel on January 12, 2014 in Beverly Hills, California. (Photo by Araya Diaz/Getty Images for The Weinstein Company)
LAS VEGAS, NV - SEPTEMBER 20: Recording artist Sean 'Diddy' Combs introduces a performance by Robin Thicke during the iHeartRadio Music Festival at the MGM Grand Garden Arena on September 20, 2013 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images for Clear Channel)
LAS VEGAS, NV - SEPTEMBER 20: Sean 'Diddy' Combs (L) and Robin Thicke perform onstage during the iHeartRadio Music Festival at the MGM Grand Garden Arena on September 20, 2013 in Las Vegas, Nevada. (Photo by Christopher Polk/Getty Images for Clear Channel)
NASHVILLE, TN - NOVEMBER 06: Kellie Pickler and Sean Combs speak onstage during the 47th annual CMA awards at the Bridgestone Arena on November 6, 2013 in Nashville, United States. (Photo by Rick Diamond/Getty Images)

Jay Z — to the surprise of no one — moved up a spot as well, to No. 2. The rap mogul simply knows how to make money. Leading the charge for Jay is his Roc Nation music label. Roc Nation also has a sports division that contributes to Jay Z's earnings. Though Jay Z's newest business — the music streaming service, Tidal — has been hammered by rumors of an imminent demise, it has remained afloat thus far.

The biggest surprise perhaps was rapper Drake coming in at No. 3 — the highest ranking he's achieved in his young career. Drake was fourth last year, but after selling over a million copies of his "If You're Reading This It's Too Late" album released in February, the "Trophies" rapper moved into the upper echelon.

Check out the entire list below, complete with how much each artist made over the past year.

Diddy landed in the No. 1 spot, raking in $60 million.

TAO Las Vegas 10th Anniversary Celebration At The Venetian Hotel And Casino

Jay Z was ranked No. 2. The hip-hop legend earned $56 million.


Drake climbed to No. 3. The Toronto native pulled in $39.5 million over the past year.


Dr. Dre is No. 4. The rapper/producer made $33 million.


'Happy' singer Pharrell Williams is No. 5, eclipsing the $32 million mark.


Eminem held down No. 6 with $31 million.


Kanye West locked down at No. 7. The rapper/fashion designer made $22 million over the past year.


Wiz Khalifa hits the No. 8 spot. The 'Taylor Gang' rapper stacked $21.5 million.


Nicki Minaj swerves in at No. 9. Her album 'The Pinkprint' helped propel her to $21 million.


Cash Money CEO Birdman swoops in at No. 10 with an $18 million haul.


Latin sensation Pitbull rolled up to No. 11 with his $17 million.


Easily one of the most iconic rappers of his generation, Lil Wayne is No. 12 on the list. The 'A Milli' rapper took in an astounding $15 million.


Kendrick Lamar and his $12 million in earnings carve out the No. 13 spot on the list this year. Lamar released his first album, 'good kid, m.A.A.d city,' in 2012 and 'To Pimp a Butterfly' earlier this year. Look for him to keep moving up the list.


'Dreamville' rapper J. Cole grabbed No. 14. He made $11 million last year while releasing '2014 Forest Hills Drive,' an album detailing his adolescent years.


Rap legend Snoop Dogg sits at No. 15. Even though he hasn't put out much music lately, he still managed to pull down $10 million in the past year.

TechCrunch Disrupt SF 2015 - Day 1

'I'm a Boss' rapper Rick Ross tags No. 16. The 39-year-old rapper released his project 'Hood Billionaire' in 2014 and welcomed another $9 million into his wallet over the past year.


Tech N9ne blasts in at No. 17. The rapper released 'Special Effects' early in 2015, helping him peel off a cool $8.5 million.


Ludacris rolled out to No. 18. The 'How Low' musician hasn't put out any super relevant music in a while, but has been known to pursue other business ventures. He also appeared in the hit movie 'Furious 7' earlier this year. All of that helped him secure $8 million.

FURIOUS 7 300 NASCAR Race At Chicagoland Speedway With Grand Marshall Ludacris

T.I. pops in at No. 19, tucking away $6 million over the past year. The Atlanta rapper plans to release 'The Dime Trap' in the coming weeks


Last but not least, rapper/producer duo Macklemore and Ryan Lewis snap up spot No. 20. The two made $5.5 million over the past year.


See Also:

SEE ALSO: The surprise album that Drake just released was never supposed to happen

Read Full Story

Sign up for Entertainment Insider by AOL to get the hottest pop culture news delivered straight to your inbox!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.