Jay-Z made $63 million over the past 12 months making him number 1 in Forbes annual top paid Hip Hop artists. Other contenders include Diddy (30 million), Akon (21 million) and Lil Wayne (20 Million).

Says he’s not a businessman; he’s a business, man–and it’s not idle boasting. Rapper-turned-mogul retains his crown as hip-hop’s cash king thanks to a new album and investments in 40/40 nightclub chain, Broadway show “Fela!” and New Jersey Nets basketball team. Biggest boost comes from Blueprint 3 Tour, which grossed over $1 million per concert this year. Still makes less than wife Beyoncé.

Here is the full list:

1 – Shawn “Jay-Z” Carter – $63m

2 – Sean “P. Diddy” Combs – $30m

3 – Aliuane “Akon” Thiam – $21m

4 – Dwayne “Lil Wayne” Carter – $20m

5 – Andre “Dr. Dre” Young – $17m

6 – Christoper “Ludacris” Bridges – $16m

7 – Calvin “Snoop Dogg” Broadus – $15m

8 – Timothy “Timbaland” Mosely – $14m

9 – Pharrell Williams -$13m

10 – Kanye West – $12m

11 – Drake – $10m

12 – T.I. – $9m (tie)

12 – Swizz Beatz – $9m (tie)

14 – Marshall ‘Eminem’ Mathers – $8m (tie)

14 – 50 Cent – $8m (tie)

14 – Young Jeezy – $8m (tie)

17 – Common – $7m

18 – Soulja Boy – $6m (tie)

18 – T-Pain – $6m (tie)

20 – Lil Jon – $5m (tie)

20 – Gucci Mane – $5m (tie)

20 – Rick Ross – $5m (tie)