Sean 'Diddy' Combs is highest-paid hip-hop star

Sean 'Diddy' Combs has been crowned the hip-hop cash king, topping a new list of the world's highest-paid rap stars.

Editors at Forbes magazine have listed the Bad Boy Records boss at number one on the poll with estimating earnings of $60 million over the past year.

Combs' empire spans multiple platforms outside of music, including clothing, his TV network Revolt, and Ciroc vodka.

He edges out hip-hop mogul Jay Z at number two. The Roc Nation founder raked in an estimated $56 million thanks to his various music and business ventures.

Canadian star Drake comes in at three with $39.5 million, ahead of last year's (14) top earner, Dr. Dre.

The superproducer falls three notches to four with $33 million, a far cry from the whopping $620 million he made in 2014, largely in thanks to Apple's Beats By Dre buy-out.

Pharrell Williams rounds out the top five of the 2015 list with $32 million.