Friday, August 24, 2007

$1.5BN RAPPERS PLAY GIG

Stars' secret gig is the richest stage show ever

By John Dingwall

IT WAS the most expensive onstage gathering of music talent in history.
When Jay-Z, Kanye West, 50 Cent and Diddy all appeared at New York's Madison Square Garden, the US stock market must have skipped a beat, as the quartet are worth Û1.5billion.
The foursome surprised the 20,000 crowd who turned up for the Screamfest 07 tour show, co-headlined by 50 Cent's girlfriend Ciara and rapper T.I. During the second half of Ciara's set, former drug dealer turned hip-hop mogul 50 Cent appeared and they performed Can't Leave Him Alone. He then sang I Get Money and was joined by rappers Lloyd Banks, Mobb Deep and Tony Yayo, who are themselves multimillionaires.
Then during T.I.'s set as he played Watch What You Say, Jay-Z strolled down a runway in the middle of the stadium to the main stage. Kanye West was next before 50 Cent crashed the gathering, with Diddy last to join the party. And as if to underline the staggering wealth of those onstage, they then sang Money In The Bank. As well as being hip-hop artists, the four are all involved in businesses ranging from record labels to clothing lines.
And Jay-Z is so rich that he can afford his own basketball team - he owns a share in the New Jersey Nets. The gathering dwarfs the impromptu jam session by rock 'n' roll legends Elvis Presley, Johnny Cash, Carl Perkins and Jerry Lee Lewis on December 4, 1956 in Memphis, Tennessee, at the Sun Records Studios. Recorded by Sam Philips, an article about the session was published in the Memphis Press-Scimitar under the headline "Million Dollar Quartet".
50 CENT
Makes a mockery of his name after picking up $487million from his share in water firm Glaceau which was sold to Coca-Cola.
$531MILLION

KANYE
The son of former Black Panther and photojournalist Ray West is a newcomer on the back of his 2004 album The College Dropout.
$114MILLION

DIDDY
The hip-hop heavyweight is a record producer and has a clothing range, a movie production company and two restaurants.
$346MILLION

JAY-Z
Beyonce's boyfriend shot to fame with Hard Knock Life. He is president of Def Jam and Roc-A-Fella records.
$547MILLION

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