Forbes made the declaration Monday with the release of its annual ranking of the 100 richest stars, based on estimates of their income from the last 12 months.
The hip-hop artist and fashion mogul, who appeared on the cover of Forbes' first-ever Celebrity 100 issue nearly two decades ago, is worth $820 million with the help of the Bad Boy Family Reunion Tour, his partnership with Ciroc vodka and selling a portion of his Sean John clothing line for an estimated $70 million.
After landing at No. 34 last year, Beyoncé was named the second highest-paid star of 2017 with $105 million from her Formation World Tour and “Lemonade.” "Harry Potter" author J.K. Rowling takes the No. 3 spot with $95 million, Drake's at No. 4 with $94 million, and soccer heartthrob Cristiano Ronaldo follows with $93 million.
Newcomer Kylie Jenner made the ranking as the youngest list member at the age of 19.