Jay-Z performs at the 2012 Made in America Festival.

When Jay-Z rapped about making it in America he certainly wasn’t joking because his business ventures have earned him a slot among the highest-earning Hip-Hop acts on the 2012 Forbes Cash Kings ranking. However, on a lineup featuring Dr. Dre, Kanye West and Diddy, who came out on top?

Dr. Dre has been crowned as the highest-earning Hip-Hop act of the last year with revenue exceeding $110 million. He is one of only two rappers – the other being 50 Cent – to earn over $100 million since 2007, all thanks to the sale of part of his Beats by Dre company to HTC.

Following Dr. Dre on the 2012 Forbes Cash Kings list were Diddy, who raked in $45 million, Jay-Z with $38 million and Kanye West with $35 million. The ubiquitous Young Money members were scattered lower on the ranking with Lil Wayne at #5 ($27 million), Drake at #6 ($20.5 million) and Nicki Minaj at #8 ($15.5 million).

See the full 2012 Forbes Cash Kings list below:

1. Dr. Dre – $110 million

2. Diddy – $45 million

3. Jay-Z – $38 million

4. Kanye West – $35 million

5. Lil Wayne – $27 million

6. Drake – $20.5 million

7. Birdman – $20 million

8. Nicki Mianj – $15.5 million

9. Eminem – $15 million

10. Ludacris – $12 million

11. Pitbull – $9.5 million

12. Rick Ross – $9 million

13. Wiz Khalifa – $9 million

14. Snoop Dogg – $8 million

15. 50 Cent – $7.5 million

16. Swizz Beatz – $7 million

17. Pharrell – $7 million

18. Young Jeezy – $7 million

19. Mac Miller – $6.5 million

20. Akon – $6 million

Watch the a special explanation of the 2012 Forbes Hip-Hop Cash Kings list below:

Info via Forbes!

Thoughts?