8. Sean Combs (Net worth $820 Million)
Known in the rap industry as Puff Diddy or P.Diddy, Sean John Combs is an American rapper, singer, songwriter and record producer. He has also starred in films like Monster’s Ball and Muppets Most Wanted. He owns the record label Bad Boy Entertainment and has produced records for The Notorious B.I.G, Dream, and Craig Mack. Even though he had his humble beginnings in Harlem, Manhattan, New York growing up with his single mother on a teacher’s salary, he won 3 Grammys and 2 MTV video music awards. In 2016 in received an honorary degree in humanities from Howard University, from which he dropped out of after the sophomore year.