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Rapper Sean “Diddy” Combs topped a list of hip hop’s wealthiest artists compiled by Forbes on Wednesday, beating out contemporaries Jay-Z, Dr. Dre, Birdman and 50 Cent.

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Combs’ net worth was estimated at $550 million, including high returns from his investment in Ciroc vodka as well as clothing lines Sean John and Enyce, record label Bad Boy, marketing company Blue Flame and numerous tech start-ups.

The “I’ll Be Missing You” rapper, 42, beat out hip hop mogul Shawn “Jay-Z” Carter, who came in at No. 2 with a net worth of $460 million.

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Carter, 42, who is married to R&B superstar Beyonce, continued to rake in substantial earnings from music and tours after signing a $150 million deal with concert promoters Live Nation in 2008, as well as investments in the New Jersey Nets basketball team, the 40/40 club chain and numerous other business ventures.

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