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Rapper-turned-businessman P Diddy was the world's top-paid celebrity in the past year, edging out closest competitor Beyonce, Forbes said in its annual list.
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Diddy earned $130 million in the past 12 months, of which $70 million came from selling a one-third stake in his Sean John clothing line.
PHOTO: INSTAGRAMDiddy - whose real name is Sean Combs and earlier in his career, was known as Puff Daddy - is estimated by Forbes to be worth a total of $820 million even though he has released little music in the past decade.
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But he has pursued a variety of business interests and last year, headlined a North American arena tour with other artists on his Bad Boy Records label.
PHOTO: INSTAGRAMBeyonce came second at $105 million after her lucrative Formation tour, an elaborately staged set of performances that followed her Lemonade album.
Beyonce, who is expecting twins, is estimated to be worth $1 billion with her husband, rap mogul Jay Z, who himself was number 55 on the list.
PHOTO: INSTAGRAMHarry Potter author JK Rowling, who published a series of e-books last year, came in third at $95 million, making her the highest-paid celebrity outside of music.
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PHOTO: INSTAGRAMShe narrowly edged out Canadian hip-hop star Drake, Portuguese footballer Cristiano Ronaldo and Canadian R&B sensation The Weeknd.
PHOTO: INSTAGRAMGuns N' Roses entered the list at number 11, earning $84 million, after the rock legends' key members Axl Rose and Slash reunited for the first time in 23 years.
PHOTO: INSTAGRAMThe list can swing rapidly from year to year. Pop star Taylor Swift, who topped the previous year's list by earning $170 million, slipped to 49th place as she had concluded her tour.
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PHOTO: INSTAGRAMThe few non-Western celebrities on the list included Hong Kong martial arts film legend Jackie Chan at number 39 and Bollywood superstar Shah Rukh Khan at 65.
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