The Forbes Five has a new member: Drake. The Canadian rhymer replaces 50 Cent on this year’s ranking of richest rappers, which is topped by Diddy ($750 million).

Drake’s $60 million net worth is thanks to a sizeable cash pile, accumulated through multi-platinum recordings, million-dollar-grossing tours and seven figure endorsements. The 29-year-old has been a regular on the Hip-Hop Cash Kings list of highest-earning rappers since his debut in 2010, when he banked an estimated $9 million pre-tax.

The crooning MC has earned some $150 million to date–before taxes and spending. It’s not quite the $250 million he once said he plannedto make by age 29, but it’s not bad for a 30th birthday present.