Sean "Diddy" Combs has topped Forbes latest list, this one about hip-hop's highest earners.

Forbes reports that Diddy earned $50 million for the past year, which Diddy himself agrees is closer to the truth.

Diddy has disagreed with Forbes' estimates in the past, enough that it made it into a Rick Ross song, "[Screw] the Forbes list. Let's tell the truth: I ate more."

Now Diddy says, "You started learning how to count right, I see." He added, "Thank God!"

Diddy earns his money through his Bad Boy record label, Blue Flame agency, Sean John clothing line and his agreement with Diageo's Ciroc vodka.
Jay Z comes in second with $43 million thanks to concerts, Roc Nation label, D'Usse cognac and Armand de Brignac champagne.

Dr. Dre made $40 million, which was enough to come in third on the list. He's dropped down on the list after selling his part in Beats by Dr. Dre headphones.

E! Online notes, that Nicky Minaj makes the list in fourth place thanks to endorsement deals with M.A.C. and Pepsi, touring and music.

The rest of the list's top 10 consists of Birdman ($21 million), Kanye West ($20 million), Lil Wayne ($16 million), Wiz Khalifa ($14 million), Ludacris ($12 million) and Pitbull ($11 million).

image: Wikimedia Commons