J.K. Rowling, Drake and Cristiano Ronaldo complete the top five.
Diddy sits at the top with earnings of $130m over the last 12 months, thanks largely to his Bad Boy Family Reunion Tour, a partnership with Ciroc vodka, and selling one-third of his Sean John clothing line valued at about $70m.
Beyonce meanwhile was next on the list with $105m earned thanks to her Formation World Tour, which grossed around $250m, and the release of her visual album, Lemonade.
She moved up from 34th last year to second on the list, unlike fellow music superstar, Taylor Swift who fell sharply from the top to appear at 49th on the list with $44m earned, down from $170m from last year.
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