Rapper Dr. Dre performs during the Snoop Dogg, Kendrick Lamar, J.Cole, Miguel and SchoolBoyQ concert during the 2013 BET Experience at Staples Center on June 29, 2013 in Los Angeles, California

Rapper Dr. Dre performs during the Snoop Dogg, Kendrick Lamar, J.Cole, Miguel and SchoolBoyQ concert during the 2013 BET Experience at Staples Center on June 29, 2013 in Los Angeles, California

*Thanks to the sale of his little headphone company, Dr. Dre’s annual salary has stomped on and vaporized the competition on Forbes’ new list of highest paid hip hop artists…aka The Cash Kings List.

The 49-year-old veteran producer/rapper earned an obscene $620 million in pre-tax earnings for the 12 months between June 2013 and 2014. Forbes said the estimated amount is the highest of any musician in any genre it has ever evaluated, and totals more than the other 24 salaries on the list – combined.

The majority of Dre’s coin came courtesy of the $3 billion sale to Apple of the Beats high-end headphone company he founded with music executive Jimmy Iovine. Dre also made profits from his cognac and vodka brands.

Sean "Diddy" Combs and Shawn "Jay Z" Carter

Sean “Diddy” Combs and Shawn “Jay Z” Carter

Diddy and Jay Z tied for second place with a distant $60 million earned from drinks, clothing and television deals.

Jay Z, who teamed with wife Beyonce for their first-ever joint tour “On the Run,” pulled in money from lucrative performances, his latest album and his Roc Nation entertainment empire.

Host Drake performs onstage during the 2014 ESPYS at Nokia Theatre L.A. Live on July 16, 2014 in Los Angeles, California

Host Drake performs onstage during the 2014 ESPYS at Nokia Theatre L.A. Live on July 16, 2014 in Los Angeles, California

Drake, 27, came in fourth with $33 million generated from his album “Nothing Was the Same,” an endorsement deal with Nike and a concert tour with Lil Wayne.

Grammy-winning duo Macklemore & Ryan Lewis rounded out the top five with $32 million.

Also of note, “Happy” singer and music producer Pharrell Williams, who joined the NBC television singing competition “The Voice” as a coach this season, enters the top 10 this year with $22 million.

Forbes compiled the list by looking at income from record sales, publishing, merchandise sales, tours and endorsement deals and talking to managers, agents, lawyers and some of the artists. The earnings were calculated based on data from Pollstar, RIAA (Recording Industry Association of America) and Nielsen SoundScan.

View Forbes’ entire 2014 Cash Kings list below:

1. Dr. Dre – $620 million
2. Jay Z – $60 million
2/3. Diddy – $60 million
4. Drake – $33 million
5. Macklemore & Ryan Lewis – $32 million
6. Kanye West – $30 million
7. Birdman – $24 million
8. Lil Wayne – $23 million
9. Pharrell Williams – $22 million
10. Eminem – $18 million
11. Nicki Minaj – $14 million
12. Wiz Khalifa – $13 million
13. Pitbull – $12 million
14. Snoop Dogg – $10 million
15. Kendrick Lamar – $9 million
16. Ludacris – $8 million
16. Tech N9ne – $8 million
16. Swizz Beatz – $8 million
16. 50 Cent – $8 million
20. Rick Ross – $7 million
20. J. Cole – $7 million
20. DJ Khaled – $7 million
20. Lil Jon – $7 million
20. Mac Miller – $7 million