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Influential Minorities

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P. Diddy, Jay-Z, Will Smith, & Russell Simmons Named "Influential Minorities" By Fortune Mag.

Other noteworthy African Americans such as Irving "Magic" Johnson, Oprah Winfrey and BET President Debra L. Lee also made the list. There's no rank on the list, just a break down of various categories like "Hitmakers," "Star Makers" and "People To Watch". Sean "P. Diddy" Combs, 35, was listed as a "Hitmaker." As Chairman of Bad Boy Worldwide, Diddy was credited for winning the Council of Designers of America's Menswear Designer of the Year award for his Sean John clothing line last year. Diddy also earned his spot on the list with his new HBO show -The Bad Boys of Comedy; his Making The Band series, and by selling half of his Bad Boy Entertainment to Warner Music Group


Meanwhile, Will Smith, 36, has become one of Hollywood's most profitable names. Listed as an "Artist In Residence," Smith's Overbrook Entertainment scored big with Hitch earlier this year. The romantic comedy grossed over $350 million worldwide. Overbrook has also co-produced Ali and I Robot.

Hov, 35, who is also listed as an "Artist In Residence" is reportedly worth $300 million. Rocawear, a watch deal with Audemars Piguet and a shoe deal with Reebok also put Def Jam's president on the list.

Lastly, Russell Simmons, CEO of Rush Communications was listed as a "Brand Father." Russ sold his Phat Fashions clothing for a reported $140 million last year and distributed 500,000 Rush Prepaid Visa cards in 18 months.

Fortune Magazine's August issue featuring the Most Influential Minorities list is on newsstands now.

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