Diddy held the crown for the wealthiest hip-hop act in 2017, but that reign has since ended as Forbes released its latest Hip-Hop Wealthiest Acts of 2018 list with a new mogul notching the number one spot: Jay-Z.
This is Jay-Z's first time topping the list.
The mogul raked in $900 million in the last year, a huge bump from the $810 million he made the year prior that earned him the number two spot on Forbes' 2017 list.
Jay-Z's net worth increase is due to his many business endeavors including his label Roc Nation, streaming service Tidal, ventures with spirits brands among others.
Diddy trails behind him with $825 million, thanks to his growing Tequila brand, his partnership with beverage company Diago, Revolt TV, and his lucrative Ciroc vodka line.
Dr. Dre bows at number three, pulling $770 million.
Drake and Eminem tied at number five with $100 million.