LOS ANGELES • Rapper-turned- businessman Sean "Diddy" Combs was named the world's highest-paid entertainer on Monday, ousting singer Taylor Swift, who fell to 49th place on the annual Forbes list.
Singer Beyonce, 35, came in second with US$105 million (S$145 million) after her best-selling Lemonade album and world tour, while author J.K. Rowling, 51, was back in the top three with US$95 million, thanks largely to her Harry Potter spin-off film, Fantastic Beasts And Where To Find Them.
Combs, 47, earned an estimated US$130 million in the 12 months that ended on June 1, of which US$70 million came from selling a one-third stake in his Sean John clothing line, Forbes said. Even though he has released little music in the past decade, he headlined a Bad Boy Family Reunion Tour last year with other artists on his label.
He was 22nd on last year's list, which Swift, 27, topped with US$170 million, after her bestselling 1989 album and world tour.
This year, the pop star, with no new album or tour, saw her pay cheque dip to US$44 million, Forbes estimated.
The few Asian celebrities on the list included Hong Kong actor Jackie Chan, 63, at No. 39 with US$49 million; and Bollywood superstar Shah Rukh Khan, 51, at No. 65 with US$38 million.
Newcomers this year included comedian Steve Harvey, 60, at No. 53 with US$42.5 million; and model and reality television star Kylie Jenner, 19, at No. 59 with US$41 million.
Forbes compiles the list by estimating pre-tax earnings, deducting fees for managers, collecting data from TV ratings company Nielsen, music trade publication Pollstar and movie database IMDb, and interviewing industry experts and celebrities themselves.
REUTERS, AGENCE FRANCE-PRESSE