Diddy lost his place at the top of the list for the first time ever.

Diddy has sent a message to JAY-Z after finally being overtaken as the richest man in the world of Hip-Hop.

The music mogul, who has topped the Hip-Hop Forbes list since it first started in 2011, was announced in second place in this year, with a net worth of $825 million.

While JAY-Z was top of the list, with a combined net worth of $900 million.

After Forbes list was announced was released last week, Diddy took to Instagram to send a message to his friend and rival.

“I feel so blessed that we are all seeing eye to eye! It’s time for us to work for the betterment of our people! We will educate! We will share information!” he began.

Dr. Dre was placed in third, while Drake and Eminem were tied in fourth place with $100 million each.

Meanwhile, JAY-Z and Beyonce are rumoured to touring together this year, following up their 2014 ‘On The Run Tour’.