According to Forbes the 45 year old star made an estimated $60 million between June 2014 and June 2015, from investments outside of music, such as his TV network Revolt and Ciroc vodka.
Jay Z who comes second earned an estimated $56 million from business ventures in music, sports and lifestyle. Forbes says the 45 year old's 22 shows with his wife, singer Beyonce, helped boost his earnings, Forbes said.
Nicki Minaj was the only woman to crack into the top ten of the highest paid hip hop acts, coming in at No 9 with $21 million from touring and endorsements.
Others who nearly made the top 20 include DJ Khaled, Tyga, Nas, 2 Chainz, Asap Rocky, Mac Miller and Young Jeezy
Full list below
1.Diddy-$60m
2.Jay Z-$56m
3.Drake-$39.5m
4 Dr. Dre-$33m
5 Pharrell-$32 M
6.Eminem-$31m
7 Kanye West-$22m
8 Wiz Khalifa-$21.5m
9 Nicki Minaj-$21m
10 Birdman-$18m
11 Pitbull-$17m
12 Lil Wayne-$15m
13-Kendrick Lamar- $12m
14-J Cole-$11m
15 Snoop Dogg-$10m
16 Rick Ross-$9m
17- Tech N9ne- $8.5m
18 Ludacris-$8m
19-T,I-$6m
20-Macklemore & Ryan Lewis-$5.5m
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