Label: Bad Boy/Interscope
From: Mount Vernon, NY
Active Since: 1989
Even at 42, Sean Combs continues to redefine the hip-hop entrepreneur. In late February, Diddy announced plans for the launch of Revolt TV, a music-themed cable network geared towards African-Americans. Then there's the incredibly successful Ciroc brand, which has propelled his net worth to unprecedented heights for rappers.
Musically, Bad Boy Records has been reinvigorated with hot, new talent like Machine Gun Kelly and French Montana, but beyond that, Diddy is actually spitting some really nice rhymes himself. Diddy's guest verses on remixes of Future's "Same Damn Time" and Waka Flocka's "O Let's Do It" have made for some of the most exciting rap moments in recent memory.