Forbes listed hip-hop's top five wealthiest artist of 2014 and let's just say Diddy is living good. Diddy leads the pack with an estimated fortune that's worth $700 Million dollars. That's an increase of $120 million from his net worth last year. Those profits from Ciroc, the growth of REVOLT TV and his investment in fitness and wellness water brand, AQUAhydrate plus American luxury tequila brand, DeLeon are all just parts of why Puff is Puff.

Next came Dr. Dre who ranks second with $550 million, and Jay Z, in third place with an estimated $520 million.  The two pretty much switched positions from last year list when Hov was second and Dre was third. Rounding out the top five is Birdman at number four whose worth $160 and 50 Cent who's worth $140.

1. Diddy $700 million
2. Dr. Dre $550 million
3. Jay Z $520 million
4. Birdman $160 million
5. 50 Cent $140 million

Watch the video report explaining the calculations for each artist below.

More From XXL