Posts by Zack O'Malley Greenburg, Forbes
- Zack O'Malley Greenburg, Forbes at Stop The Presses!2 mths ago
Sean "Diddy" Combs hasn’t always agreed with Forbes' evaluations of his wealth. "[Screw] the Forbes list," he rapped on a Rick Ross song three years ago. "Let's tell the truth: I ate more."
These days, however, the hip-hop mogul is changing his tune.
"You started learning how to count right, I see," Diddy told Forbes earlier this year, referring to more recent estimates. "Thank God!"
He likely won’t find fault with our latest rankings, either: Diddy tops this year's list of hip-hop's top earners (aka the Cash Kings), pulling in $50 million over the past 12 months. He's one of rap's most diversified moguls, thanks to his Bad Boy record label, Sean John clothing line, and Blue Flame agency. But it's his agreement with Diageo's Ciroc vodka that brings in the bulk of his bucks. Next up: cable channel Revolt, which will debut this fall via Time Warner and Comcast.
- Zack O'Malley Greenburg, Forbes at Stop The Presses!3 mths ago
It was a few minutes after midnight when the models walked in—a signal that the party at Las Vegas superclub Hakkasan was just beginning. About two dozen of them took their places along the banquettes behind the DJ booth, dancing and smiling at the 3,000 gyrating bodies on the floor before them.
Moments later, Tijs “Tiësto” Verwest strode to the stage. He donned a pair of headphones, raised his right hand and the music swelled ever louder as a sea of cell phones rose to snap his picture, the thick air bathed in blue by the strobe lights overhead.
“In America, dance musing is booming,” Tiësto told FORBES after the show. “At the moment … it’s the most exciting genre.”
The Dutch DJ earned $32 million over the past 12 months, good enough for second place on this year’s Electronic Cash Kings list—the top spot goes to Calvin Harris, who pulled in $46 million. Like Tiësto, he played well over 100 shows and picked up nightly fees in excess of $200,000, but ranks No. 1 thanks to hits penned for the likes of Rihanna and LMFAO, as well as a hefty publishing advance.
- Zack O'Malley Greenburg, Forbes at Stop The Presses! (NEW)11 mths ago
Britney Spears earned over $50 million in 2010—$64 million, to be exact. This year, she might describe her financial gains with the words to one of her best-known songs: "Oops! I did it again."
The 31-year-old pop star pulled in $58 million over the past year, more than any other woman in the music industry. Her latest album, Femme Fatale , was certified platinum in the U.S. and the ensuing tour accounted for the bulk of her bucks. Endorsements and a fragrance line with Elizabeth Arden added millions more to her coffers. Not too bad, considering Spears' troubles just a few years ago.
"I think people love the comeback story—Britney never really finished her run as a superstar," says marketing guru Steve Stoute, author of The Tanning of America . Adds music attorney Lori Landew, who helped sign Spears to her first record deal as a teenager: "Britney has an electricity that connects with audiences on screen and off, and it is that intangible quality that always seems to leave her fans, old and new, breathless."
- Zack O'Malley Greenburg, Forbes at Stop The Presses! (NEW)1 yr ago
Though he's only 18 years old, Justin Bieber has had a year for the ages. The Canadian crooner released his third studio album, launched a world tour and continued investing in startups, adding to a portfolio that includes stakes in Spotify, Tinychat and others. All in all, he earned $55 million in 12 months.
"I do calls every week with my business manager and my lawyer," Bieber told FORBES this spring as part of a cover story on his budding venture capital career. "Each week I'm learning something about my business and what I need to know for my career."
But when it comes to the world's highest-paid musicians, Bieber is a relative pauper, barely breaking the top ten.