The rapper is a shock front runner as last year he was down at number 22 in the publication’s annual list.
Forbes report that P-Diddy has earned a staggering £102 million this year and it’s all down to the US star’s hard work.
Flogging part of his Sean John clothing line, his US tour and a big money deal with a vodka company have pushed up the zeros on his bank balance and now he’s back riding high.
Hot on his heels is Beyonce, who was ranked second in the poll with earnings of £82.7 million, closely followed by JK Rowling who made £74.8 million.
Beyonce’s husband is no-where near as loaded as his missus according to Forbes, with his earnings keeping him down at number 55.
Kylie Jenner made her debut on rich list and is the youngest celebrity to be named.
Coming in 59th place, the 19-year-old’s new E! deal for a reality show and her incredibly successful make up line launch have seen her seen her earnings rocket.
Drake came fourth in the list, with £74.06 million, with footballer Cristiano Ronaldo in fourth (£73.2m), The Weeknd in fifth (£72.45m) and shock jock Howard Stern in sixth place with £70.86m.
Chris Martin’s band Coldplay came in eighth with a total of £69.33m, while author James Patterson was close behind on £68.53m.
Basketball star LeBron James came tenth, with earnings of £67.8m – thanks to his enormous Cleveland Cavaliers salary.
Adele – who many expected to top the list – was placed at eighteenth.