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In 2016, the richest musicians in America included notable figures such as Sean "Diddy" Combs, who topped the list with an estimated net worth of $750 million, primarily from his music, clothing line, and other ventures. Following him were Jay-Z, with a net worth of $610 million, and Dr. Dre at $700 million, thanks to his successful Beats by Dre brand. Other wealthy musicians included Taylor Swift and Bruce Springsteen, rounding out the list of top earners in the industry that year.

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