Once again, Sean Combs reigns supreme as Forbes wealthiest hip hop mogul with an estimated $580 million net worth.
“It is one of the fastest-growing brands within vodka,” says Jack Russo, an equity analyst atEdward Jones & Co. “Consumers are feeling a little bit better about their situation, and with that, they’re willing to spend more on premium products.”
2. Jay-Z – $475 million
3. Dr. Dre – $350 million
4. Birdman – $150 million
5. 50 Cent – $125 million
Surprise, surprise; Cash Money Records is being sued. The record label is named in a $600,000 lawsuit over a Bow Wow song that illegally samples a song from 70′s group the Persuaders, allegedly.
TMZ reports:
The septuagenarian behind the lawsuit is Robert Poindexter from the 70s band The Persuaders. Poindexter claims Cash Money sampled his band’s song “Love Gonna Pack Up (and Walk Out)” and illegally lifted the tune in Bow Wow’s 2010 track “Still Ballin.” As for “Love Gonna Pack Up (and Walk Out)” — the song was recorded in 1972 and reached the top of the charts … and Poindexter says neither Cash Money nor Bow Wow ever obtained permission to sample it.
Reportedly Poindexter reached out to Bow Wow’s people first, only to be sent to Cash Money. However, Cash Money only referred him back to Bow Wow, so now he’s basically suing everybody. Poindexter has already sued Kanye West and 50 Cent for similar circumstances. That said, be weary if you’re a producer and trying to use a Persuaders sample. Also, pay up.
via:hiphopwired.com
50 Cent and Rick Ross have had a storied beef that’s gone on for years, most recently flaring up at the 2012 BET Hip-Hop Awards after Fif’s crew had an altercation with Maybach Music Group‘s Gunplay. During an interview with Shade 45‘s “Sway in the Morning,” Meek Mill said that he would put an end to the problems between Fif and his MMG boss, stating that he’s known the G-Unit general longer than he has Ross and that he doesn’t want to end up in the middle of their issues. “What they got goin’ on, they grown men. It’s been going on for a long time. If I could, I would,” he said. “I knew 50 before I ever even signed with Ross. When I signed with Ross, I couldn’t just act like I don’t like 50 at all. That would be fake of me. If I could, I would. I don’t like seeing nobody I know go through anything. I don’t want to be in the middle one day and gotta choose sides or anything like that.” The Philadelphia, Pennsylvania rapper said that if Ross and 50 encountered each other in person and he was present, he would try to mend fences between them. “I had plans on doing that. If I ever see them around each other, if I’m around, there ain’t gonna be no fighting or nothing like that,” he said. Most recently, 50 Cent reportedly wore Gunplay’s MMG chain in the video for “Major Distribution.” When HipHopDX asked Gunplay for his thoughts on the clip, he replied, “No comment.”
via:hiphopdx.com
It’s been over two years since Eminem released his last solo project Recovery, which dropped in 2010. After stating that he had begun work on his eighth solo album last year, Marshall is reportedly deep into the process of recording the LP. During an interview with Billboard.com, Shady Records president Paul Rosenberg said that Em will release the project post-Memorial Day and that listeners can expect it soon. ”We fully expect to be releasing a new Eminem album in 2013. He’s been working on it for some time,” he said. “It’s safe to say that it will be post-Memorial Day at some point, but we’re not exactly sure when. We’ve got some dates locked in for him to perform live in Europe in August, so we’re trying to see what else lines up.”
Additionally, Rosenberg reveals that Yelawolf has begun recording his sophomore LP in Nashville, Tennessee and that 50 Cent’s Street King Immortal will release in the first half of 2013. He also noted that Slaughterhouse will record the follow up to last year’s welcome to: OUR HOUSE after each member releases a solo project. In October, Eminem hinted that a new album would drop in 2013 by putting the year on a limited edition baseball hat inspired by the Detroit Tigers. In addition to headlining a pair of summer festivals in Reading and Leeds, England, he will executive produce Skylar Grey‘s debut Don’t Look Down.
via:hiphopdx.com
Financial freedom is something we all want. And for 50 Cent’s new video, he frees himself of all material possessions. Says Fif:
This was inspired by 10years anniversary of GET RICH OR DIE TRYIN I wrote the song so everytime i hear it it reminds me of it. I wrote it the day before yesterday shot yesterday it took me longer to find the beat than to actually write it.
I didnt shoot the 3rd verse for you to focus on the lyrics. no GIRLS, no JEWELRY, RAW ENERGY , its just me check it out
Game has shown his appreciation for Dr. Dre‘s The Chronic and commemorated his debut album The Documentary‘s DVD by getting both images tattooed on his torso. Taking to Instagram, Chuck Taylor revealed his latest ink via three pictures. In the first, tattoo artist Kat Von D is shown working on his back, while the second is a picture of the DVD for his debut album The Documentary, touting a picture of his son sitting in front of a tire. The final flick is of Dr. Dre’s The Chronic LP art getting applied to his lower stomach. Game has recently been in the news for making a petition to reunite G-Unit, an action that 50 Cent later denounced and said would never result in a reunion. The Compton, California emcee also said that Dr. Dre will never release Detox, while the N.W.A. veteran praised his latest album Jesus Piece. Check the pictures below:
Earlier this morning, Rick Ross crashed his Rolls Royce in Fort Lauderdale, Florida after someone fired shots at his vehicle, prompting him to drive his car into a building. His longtime foe 50 Cent took to Twitter shortly after news broke, posting a picture of the vehicle being towed and noting that it did not have bullet holes. “Hahaha fat boy hit the building?lol it looks staged to me. No hole’s in da car,” wrote Fif. Though the longtime beef between Ross and 50 has simmered over the past year, tensions mounted at the BET Hip-Hop Awards last September after members of the G-Unit clique got into a brawl with Maybach Music Group‘s Gunplay. Ironically, the ceremony was the same location where 50 publicly mended fences with Fat Joe
via:hiphopdx.com
