Aug 8 2023
Hip-Hop's 50 Greatest Moguls
August 11, 2023 is the 50th anniversary of hip-hop. What started out mostly as a spoken word artform has become a worldwide juggernaut. Thanks to the moguls who pushed the genre forward, hip-hop went from 0 to 100.In this episode, we rank the 50 greatest moguls in hip-hop’s history. We reached out to industry experts — from artists to execs to media personalities — to help us compile the list. Friend of the pod, Zack O’Malley Greenburg, joins me to count them down from No. 50 to No. 10:39 How do we define “mogul”7:06 Honorable mentions09:10 The “Don’t overlook their influence” group (ranks 50-41)16:19 The “Playing chess not checkers” group (ranks 40-31)23:38 The “Our impact runs deep” group (ranks 30-21)33:47 No. 2035:37 No. 1937:56 No. 1841:32 No. 1744:27 No. 1647:21 No. 1551:22 No. 14 55:55 No. 1359:09 No. 121:00:46 No. 111:02:16 No. 101:04:39 No. 91:06:44 No. 81:10:20 No. 71:14:06 No. 61:15:37 No. 51:17:11 No. 41:20:53 No. 31:29:06 No. 21:30:34 No. 11:33:22 Who got snubbed?1:35:42 What trends stick out from the list?1:41:21 Who would you pick to run your empire?Listen: Apple Podcasts | Spotify | SoundCloud | Stitcher | Overcast | Amazon | Google Podcasts | Pocket Casts | RSSHost: Dan Runcie, @RuncieDan, trapital.coGuests: Zack O’Malley Greenburg, @zogblogThis episode is sponsored by DICE. Learn more about why artists, venues, and promoters love to partner with DICE for their ticketing needs. Visit dice.fmEnjoy this podcast? Rate and review the podcast here! ratethispodcast.com/trapitalTrapital is home for the business of music, media and culture. Learn more by reading Trapital’s free memo.TRANSCRIPT[00:00:00] Zack Greenburg: ownership. Was just such an important thing for Nipsey. Such an important thing for Berner. And, you know, interviewing the two of them, I would say, their mindset around ownership was the closest I've ever seen to Jay Z.[00:00:13] Dan Runcie Intro Audio: Hey, welcome to the Trapital Podcast. I'm your host and the founder of Trapital, Dan Runcie. This podcast is your place to gain insights from the executives in music, media, entertainment, and more who are taking hip hop culture to the next level.[00:00:39] Dan Runcie Guest Intro: This episode is a celebration to hip hop's 50th anniversary. This is a countdown on the 50 greatest moguls ever in hip hop. I'm joined by Zack O'Malley Greenburg, friend of the pod, and we both reached out to. A bunch of label heads, executives, people in hip hop that would know best. And we put it together in an aggregate list.And we're here to break down that list today. We talk about what does it mean to be a mogul? What are some of the considerations we made when we were looking into this list ourselves, how the results looked, what surprised us? What were the snubs? What were the misses? And what can we learn from this overall?And if Zack and I were putting together our dream teams, what would that look like? This is a lot of fun. Really happy with how it turned out. So let's dive in.[00:01:25] Dan Runcie: All right, hip hop's 50th anniversary is right around the corner and we decided to celebrate it in the only way that we know best countdown hip hop's greatest moguls and I'm joined by Zack O'malley Greenburg, who reached out to me about this. I was really excited about it and we spent some time over the past couple of weeks, reaching out to people we know, making sure that we have the best insights looking through and making sure that we had all of the. Breakdowns to share. So Zack, I'm ready for this. How are you feeling?[00:01:55] Zack Greenburg: I am stoked. Yeah, I mean, you know, 50th anniversary of hip hop. We reached out to 50 different judges. amongst, you know, the sort of, the most respected folks from, you know, label heads to artists to entrepreneurs, you know, I think we've got half of them, roughly half of them replied since in their votes, we're going to keep their individual votes anonymous, but, you know, Dan could tell you about some of the judges.Yeah, and it was just really fun to kind of mix it up, you know, I think the thing about this list, a lot of these characters are just kind of an apples to oranges comparison as you'll see once we dive into it, but that's the beauty of it, right? I mean, how do you, you know, compare like a pioneering executive to like a modern day artist mogul? And we really kind of left it in the hands of the judges. And we just said, basically the only guidance was, this is a business focused list, but you know, you can rank artists, executives, people who are both. It just, whatever your definition of mogul is, that's how, you know, that's how you should rank them. And people submitted lists and obviously the higher they rank somebody, the more points we gave them and, you know, the lower they got, but, you know, so there's some people on there who are like accumulators. They ended up on everybody's list, but not so high, but, you know, as a result, they ended up on the top 50.And then there are some who were just like, not ranked at all by most people, but had a couple of really high ranks so that they made the list. So I think it's a pretty cool mix.[00:03:10] Dan Runcie: Right? It's kind of like how we look at artists. There's some artists that have just been consistent, steady through and through each year. You'll always get some reliable output from them, but then there are other artists too. They were the best for a certain amount of time. Maybe they cooled off for a bit.Maybe they came back and that's kind of the way music is too. One of the things that. I was asked whenever I was reaching out to people about this was the same thing that you posed earlier. People wanted to know, how are we defining mogul and we left it up to their interpretation. It is a term that means different things to different people, but maybe for the sake of this conversation, let's kick it off here.Zack, how do you define mogul? And how did you define it when creating your list?[00:03:51] Zack Greenburg: Yeah, I mean, to me a hip hop mogul, more general is just, you know, somebody who not only is a business person, but has some degree of ownership, in whatever it is that they're doing. that's not the only definition of it for me, but like, you know, when I was putting together my rankings, I thought, you know, who are the owners?the same time, you know, people who are executives who are in a decision making place. you know, that counts for something. And I think also, you know, if you're an artist, and you simply have some control over your own work, you maintain your copyrights, whatever, like that counts as being a mogul. So, you know, specifically when it comes to hip hop, you know, I'd say people who are, you know, definitely getting in charge of your own work, but also creating new lines of business, you know, influencing the culture. but you know, a way that they've got some skin in the game from a business perspective, you know, that, kind of thing.That's kind of how I looked at it. but you could see from the votes that, you know, everybody had a slightly different definition too.[00:04:47] Dan Runcie: Yeah, there was definitely a lot of correlation with the artists who tend to be the ones that are the wealthiest. They end up at the highest rankings in on some of those lists, too, but it wasn't exactly correlated because there's a difference. And these are some of the things I kept in mind, too, with the mogul definition, thinking specifically aboutinfluence and impact, were you having, or did you create opportunities for others around you? Were you able to be a bit of a kingmaker or queenmaker in your respective right? Was there a impact in terms of other generations that either looked and modeled how they're doing what they're doing and looking at you as some form of inspiration with that?So there's the indirect impact and influence, but also the, Indirect piece of it too. So there's the money piece as well, but then what do you do with that money? And then that's how I had went about it. And similarly, everyone had their own unique spin to it.[00:05:42] Zack Greenburg: Yeah, for sure. And, you know, and I think the definition changed over time, of what a mogul really is, but when I was putting my rankings together, I think the idea of starting something new, you know, that's also paramount, amongst all the criteria as well.[00:05:55] Dan Runcie: Right? So, of course, Zack and I had our list, but we reached out to a number of people and several other label heads, executives, and people that are in the game.So thank you all to your contributions. We couldn't have done this without you. And if anything, it helped add a variety beyond just you and I, getting and putting our list out there. It added a more full scope and like anything. Oh, this is how you look at it. Interesting and being able to pull unique insights there.[00:06:21] Zack Greenburg: Yeah, for sure. you know, one thing I think we probably ought to point out, on the list, you know, the list is, heavily male. but it's about only 20% women on the list. you know, we did everything we could obviously to make it more equitable, but, you know, the votes are the votes.And, you know, I think there is a bit of a reflection of sort of the state of affairs over the past half century, you know, unfortunately, like many parts of music business, hip hop has been, you know, heavily overindexing for males. So, you know, here's hoping that when 50 years to do a hundred years of hip hop, you know, we'll have even things out a bit or completely, let's say maybe even, you know, made up for lost time, but I think some of the spots on the list, you know, the rankings do kind of reflect an industry reality that we've seen, unfortunately for 50 years.[00:07:06] Dan Runcie: Right? And hopefully this gets better. We do feel and you'll see when we talk about some of the people here, glad about some of the names that got mentioned. Of course, there's always room to be able to have more and hopefully for hip hop's 100th anniversary. If when and people are breaking that down, there's hopefully even more representation there.So, with that, I think it's probably good for us to get started right before the list, but talk about some of the honorable mentions. So, there were people that didn't quite make the cut of 50, but we still wanted to highlight them and the work that they. Did here. So a few of those names here to give a shout out to.So we have Cindy Campbell, Jermaine Dupree, Audrey Harrell, Jay Cole, Damon John. What comes or what do you think about when you hear those names?[00:07:55] Zack Greenburg: Yeah, you know, I mean, Cindy Campbell, I think in many ways you could look at her as the first promoter in hip hop history, right? I mean, you know, we're talking about 50 years of hip hop. That's 50 years from that first party that. She and DJ Kool Herc through, you know, in the rec room on Cedric Avenue.And, I think the idea was that they were going to raise a little bit of cash so she could go get herself a new back to school wardrobe. Now, if that's not, you know, entrepreneurship and hip hop, you know, from the very beginning, I don't know what it is. And so I think Cindy deserves a ton of credit, for being there at the very beginning, you know, but I think on the honorable mentions to a lot of the folks that are on here, you know, or maybe like a little bit, you know, not exactly falling on the same radar, you know, for the list. So like, you know, Damon John, obviously he did with, you know, creating FUBU and, you know, everything he's done as an entrepreneur, it's incredible, but it, I think it's sort of like more of a national brand that is, you know, apart from hip hop and so is his personality, right? Like you see him on shark tank or, you know, whatever, like he sort of moved past, I wouldn't necessarily categorize him, as just hip hop, although he's had a tremendous impact on hip hop.So I think probably that's why, he wasn't on more lists. It's not to sort of ding him his impact, which is considerable.[00:09:10] Dan Runcie: Right, and I do think that of course, music is one element of hip hop. You do have fashion, you do have others. So music definitely got weighted heavily in this list, but Dave and John and his influence in fashion, and there's other people in fashion and we'll get into them in this list too, but we can't overlook everything he did there and some of the more unique and clever marketing tactics that came from food booth that other people did who will mention in this list as well. 1 person that I do want to highlight here from that list 2 people. So, Jermaine Dupri want to give him a shout out as well. Just everything he was able to do with.So, so Def records. He was part of that movement in the 90s, where you saw LaFace and then all these other groups in the South be able to come up, do their own. There was a so so deaf sound, a so so Def vibe and his ability to do it both in rap, but also have a bit of the soul there. Some of the epic production that he's been involved with, even outside of hip hop, thinking about albums like Mariah Carey's Emancipation of Mimi and others, even though he didn't always do everything in hip hop. I think that some of his influence can't go overstated there. And then the second person who's similar in that regard, I would say is Andre Harrell. We talked about him in past episodes, especially the bad boy one, but everything that he did from Uptown Records and then moving on to Motown Records and gave in many ways helped give Puff the blueprint for what he was able to do years later.[00:10:37] Zack Greenburg: Yeah, absolutely. And, you know, I think Andre had a lot of successes, also had a lot of failures, not necessarily, you know, through his own doing, the time, but definitely somebody who deserves, you know, a hat tip at the very least. And, you know, I'm sure Puff would agree about that too.[00:10:52] Dan Runcie: Agreed. Agreed. All right. We ready ready to get into it.[00:10:57] Zack Greenburg: Let's do it.[00:10:58] Dan Runcie: All right. So in the initial group here, which we're calling the don't overlook their influence group. This is people who are ranked 50 through 41. so in order we have Ethiopia have to Marion at 50. She was the former CEO of Motown. We have Top Dog, co founder and CEO of Top Dog Entertainment. We have Mona Scott Young from her work at Violators and more recently Love Hip Hop. And what she also has done with Hip Hop Homicides and some other multimedia projects. We have T.I. with everything he's done with Grand Hustle and Multimedia. We have Eazy E with Priority Records. Many ways pioneering so much of the stuff we saw.We have Todd Moskowitz, L. A. Reed, Craig Kalman, former CEO from Atlantic. We have Sylvia Roan and then tied for 40. We have Desiree Perez and Steve Stout. What are your thoughts on that group list?[00:11:55] Zack Greenburg: Oh, man, I don't know. Maybe we should just pick out a few here and there that we thought were particularly interesting. I mean, you know, I think Ethiopia is a good example of somebody who would be higher up if she were identified, you know, solely as a, you know, as a hip hop mogul, but she's had kind of like a pretty wide reach, you know, especially in R and B, and pop. I mean, some of the stuff she's done with Erykah Badu, NeYo, Stevie Wonder, you know, like over the years, you know, wouldn't be classified as hip hop, but it's worth it nonetheless. just think that, you know, being kind of like in between, in between genres, you know, resulted in her being down a little bit further on the list.But, you know, somebody who had a tremendous impact. you know, I would also, I would highlight TI here, you know, the self proclaimed King of the South, but, you know, in terms of, I remember the years when, you know, we were putting together the Forbes list and, you know, kind of looking at, you know, kind of regionally who is most important to me.Yeah, he was sort of like. The Jay Z of the South. And he was really, especially when he was having that moment, you know, getting a lot of songs on, you know, national radio and, kind of being in the public eye, I mean, had a tremendous business focus, you know, he was always interested in sort of like, what's the next thing that I can create?and you know, that kind of entrepreneurial energy, you know, I think, especially within the context of the South, like taking the blueprint, from guys like Jay Z, you know, I think he certainly deserves a mention. I kind of thought he'd end up higher here, but I guess he's been, not as, especially in the music front lately.and then I would definitely highlight, Desiree, you know, she's somebody who's been behind the scenes for a really long time, with Jay Z and rock nation, but like. she runs rock nation. And although Jay Z obviously has the final say in things, you know, a lot of things that you see, come out of that camp are, you know, her doing and have her fingerprints all over them.And I know some of y'all might have seen the Book of Hove exhibit at the Brooklyn Museum or the Brooklyn Public Library that was a Desiree Perez production and, you know, she said that it was like her emptying her 80, 000 square foot storage unit into the library, but, you know, but to have, you know, that kind of, impact at a place like Roc Nation and to help, you know, Jay Z do what he's done, you know, I think those are all worthy, of notation and, you know, I think she deserves her spot there for sure.[00:14:09] Dan Runcie: Yeah, Desiree is someone that has been working with Jay Z for a while now, and I feel like she deserved a shout out on Jay's verse in Pound Cake, the Drake song. You know where he's like, Dave made millions, Lyor made millions. I feel like Desiree should have gotten a shout out there too, but yeah.I'm glad that she got mentioned here. Two other names I'll run through quickly. Steve Stout, someone who I thought would have ended up higher, and I know that, you know, it was interesting to see how the results played out, but I do think that one of the best marketers that we've seen come through hip hop.He was ahead of the curve in a number of ways, dating back to the 90s with seeing the men in black sunglasses and everything that he's done there from his time working with Nas, everything that they've done, whether it was the firm or, him being a record executive himself and then showing as well, how he's able to do it in advertising and bringing a lot of these companies and brands that didn't necessarily align or think about being related with, you know, hip hop culture and those elements to be able to do it.You look at a company like State Farm and how we now look at what that company has done. And a lot of that is through his work and obviously with what he's done at United Masters. So shout out there and I also do want to give a shout out to Mona Scott Young mentioned her earlier, but she was a right hand to someone who will mention on the list as well coming up soon with everything she did in Violator, this is back when, you know, Q Tip and Busta Rhymes and that whole crew were doing their thing. And then later, I know people have a lot of polarizing opinions about love and hip hop, but if you look at the career opportunities that were created for people that have came through, and the longevity that she's granted, a lot of people that the record industry forgot about that she was able to continue to give opportunities for think about the trick daddies, Trina's and folks like that. I know people hate to see them arguing on camera, but would we have Cardi B where she is today? If it weren't for the platform of love and hip hop, and she's continued to do things with other vocals on the list that we'll get into. So I do want to give a shout out to her[00:16:08] Zack Greenburg: Yeah, definitely a worthy shout out. And we could probably go on and on about even just like the tent in this bracket here, but I suppose we ought to, we ought to move on to the next room before, before we run[00:16:19] Dan Runcie: indeed. Yep. So the next group is playing chest, not checkers. So at 39, we have Dave Mays, founder of the source 38. We have Irv Gotti, founder of Murder, Inc. 37, Cardi B 36, Lil Wayne 35, Nipsey Hussle, 34. Steve Rifkin, from Loud Records 33, Missy Elliot. 32 Birder from Cookies, 31 Kevin Lyles and 30 Chris Lighty.[00:16:47] Zack Greenburg: Oh man, this is a pretty stacked bracket, I must say. I think that, you know, there are a couple of names that stick out to me here. I'm going to go with Nipsey and Berner, because in a funny way, I think, they have like a sort of a similar, a sort of similar strategy, which is like, you have a very clear idea of what it is that you're going to do.You own it, and then you, you know, you continue to own it like ownership. Was just such an important thing for Nipsey. Such an important thing for Berner. And, you know, interviewing the two of them, I would say, their mindset around ownership was the closest I've ever seen to Jay Z. and they really understood from the beginning that they had to own all their music.Own all of their branding own, you know, the companies that create on the side and then they can monetize it later. And, you know, with Nipsey rest in peace. I mean, he was just on the cusp of, of kind of like becoming a mainstream superstar, you know, when, his life ended all too soon. So, I think what Berner is doing with cookies is really fascinating like Berner is, you know, you want to talk, lists. I mean, he's in the top five, probably the top four or three at this point, in terms of net worth for actual, hip hop artists. And that's because of the success of cookies and, you know, there's been, a lot of ups and downs in the cannabis business lately, but like the amount of ownership that he has, you know, I think it amounts to about one third still of cookies, which is, you know, a billion dollar brand. When we gets legalized, you know, like he's going to see the fruits of his labor and, that focus on ownership I think is really going to pay off on the longterm.So I would highlight those two guys, in this tier as the ones that, I think were the most impressive to me. That's not to shade anybody else, but,[00:18:25] Dan Runcie: Yeah, those two guys are also two of the few people who I see people still wearing their merchandise on a regular basis. Granted, I live in San Francisco. There's a cookie store here. So, I mean, I know there is a local connection for sure, but same with Nipsey Hussle. I mean, sadly, it's now been over 4 years since he passed away, and you still see Crenshaw shirts.He understood, Nipsey especially, understood exactly where everything's going. And it's just so sad that, you know, it was gone so soon. Two names, I'm going to shout out here. I'm going to shout. I'm going to shout out Cardi B and I want to shout out Chris Lighty. So Cardi B talked about her a little with the Mona Scott young piece, but she's entered and ran her rap career more uniquely than other artists that we've seen at her level have. And I think that speaks a lot to just where the game is now. It's been over six years since Bodak Yellow came out. And it's been over five years now since her debut album. This is someone who hasn't put out a studio album in over five years.And hasn't gone on tour in a traditional way, but it's still doing her thing. And I think this is one of the things that's unique. She finds interesting ways to monetize herself and to put herself on. She's like, Hey, I can do these private shows and they're going to pay me, you know, 1. 5 million or 3 million just to do a half an hour set.I'm going to do my thing. I'm going to be there at Super Bowl weekend. I may not be performing at the Super Bowl, but I'm going to go do these private shows for Bob craft or the fanatics event or all these things and collect the checks. it's very interesting to see younger artists to do that Lionel Richie playbook, but she is like, Hey, I don't necessarily have to do that. And even though people always do try to, you know, loop her into the Nicki Minaj versus Cardi B beef, she still has lended her hand and extended it to other young artists, especially women in the game, whether it's Ice Spice and others, whether she's doing it through her talents and others. So she's someone that I hope as she continues on, you know, into her thirties and into her forties can continue to rise up this list.And then Chris Lighty talked about a little bit with Mona Sky Young, co founder of Violator and everything they're able to do there. Sad that he was taken away so soon, but if you have not heard this yet and if you haven't listened to the podcast, I highly recommend the Mogul podcast series that was done several years ago on it.It was done by Reggie Yose, who is Combat Jack, who has since passed away as well, but I highly recommend that if you want a full breakdown on everything Chris Leite did. Violator and after that was truly one of the early ones looking at product partnerships and a lot of the things that we see now that are common in hip hop.[00:21:07] Zack Greenburg: And, you know, if we didn't have Chris Lighty, I don't think we would have had 50 Cent. I mean, at least not to the extent that we have him. you know, I mean, I remember writing my first story about 50 and like for Forbes, maybe 2008 and sitting down with Chris and just kind of like hearing him lay out the plan.And again, it's the emphasis on ownership, right? you know, Chris Leidy, I think was the one who really pushed, 50 to take the equity in vitamin water and his parent company, rather than just do an endorsement. And, you know, obviously that became a huge, deal and really like a model for so much, not only of hip hop, but like other parts of the entertainment industry, you know, I think Chris definitely deserves a spot, maybe even should be a little higher. and you know, probably also, there's, you know, again, all these folks deserve a shout out, but Kevin Lyles, I think is, got one of the most inspirational stories. you know, it's another person, I think we've both interviewed a bunch of times, but, you know, just his journey from intern to president of Def Jam and I think seven years. And he just did it by working harder than everybody else like he wasn't an artist that got put there because he had some hit, it wasn't some kind of like nepotism deal, you know, he just outworked everybody and, you know, he had the talent and, you know, the horsepower to just like get it done. And to make that journey within seven years. So I think it's, for people who are listening and, you know, want to do something like that with their own career, you know, study Kevin Miles because he was able to make it, without being, you know, some kind of like preternatural, singing talent or something like that he just did it on smarts and work ethic.[00:22:39] Dan Runcie: And one of the few people that co founded a record label and sold it a decade later for hundreds of millions of dollars, which is what he did 300 as well. Right? So of course, not 300 now underwater, but everything he did with Lyor and Todd, there, is impressive. There's not that many black founders in general. In tech, any sector that have built and exited companies for several hundred, a million dollars, the way that he was able to be a part of that. So, hats offhim.[00:23:09] Zack Greenburg: yeah, I think it takes a special kind of guts to be able to, you know, I mean, he was a well paid executive with a cushy music job, you know, to leave that world, start your own thing. I mean, I know they had, you know, big backers and everything, but like to take a risk once you've already experienced that level of success and to go out and start something, you know, as opposed to starting something from scratch when you have nothing anyway.I mean, it, takes a lot of gumption to do that. So, you know, again, yes, a pretty cool second act for Kevin miles.[00:23:38] Dan Runcie: Indeed, the next group here, our impact runs deep. It is Nicki Will Smith at 28, Swiss beats 27, LL Cool J, 26, Coach K and P, 25, Julie Greenwald, 24. The E40 23, Pharrell 22, and Rick Ross, 21.[00:24:01] Zack Greenburg: Yeah. I think, that's a pretty strong, deck there. And I think also, you know, here, you find some people who, you could argue should be higher or lower based on, you know, how much of their career was done in the hip hop music world, right? Like Queen Latifah, LL Cool J, Will Smith.Obviously those are huge crossover acts. but I think they all got a lot of points from some of the voters because, you know, that is in one way, the measure of a mogul, like you're diversifying your portfolio and whether that's by owning different things or, you know, by getting into, different types of performance, you know, on the silver screen, I think that's a viable path too.but just from like a purely musical entrepreneurial perspective, I would highlight, Swiss Beats and Pharrell, who I think, you know, the two of them are more influential than anybody in terms of like, I'd say Swizz in terms of art and Pharrell in terms of fashion. and you know, some of the things they've done around those two areas and, you know, Pharrell certainly, now with LVMH, but also before with Ice Cream, Billionaire Boys Club, you know, he was very active in starting his own things on the fashion side.And, you know, kind of inspiring artists to do that. you know, would we have had a Yeezy if we hadn't had Pharrell, you know, doing what he was doing and, you know, and even doing what he did with Adidas? you know, I don't know about that. And, Swiss beads certainly, you know, not only from the art side of things, but you know, it's a really impressive art collection.I did a story on him a few years ago and, you know, he's got like, Jeff Kuhn sculptures and Basquiat's and Warhol's and his, you know, like in his foyer. I mean, it's, pretty impressive stuff. but the way that he moves behind the scenes, as sort of like a corporate brand whisperer, at places, you know, like Bacardi, Lotus, you know, this goes on, you know, I think he, he's sort of like more quietlyinfluential than, some folks realize. And, you know, certainly has been earning, on par with, you know, with all the, you know, most of the names, if not higher than most of the names we've mentioned so far. and you know, what he's done on the, both of them, what they've done on the production side, also hard to top.So that must count for something as well. I kind of went more than one shout out there, didn't I? So[00:26:06] Dan Runcie: Yeah. No, that was good. That was good.I'm glad you mentioned the two of them though, because if you didn't, I probably would've called the other one out. The thing about Swiss as well, everything that he's done with versus specifically also embodies this idea and definition of a mogul because he was able to be.A kingmaker in the sense of creating opportunities for others. He did that through the equity that he was able to give all of those early participants in versus in trailer itself. And then additionally, with the careers that we're able to have a boost because of. everything that happened, with the matchups from versus specifically, you look at someone like Ashanti, who is now doing tours and pop it up every now and then she wasn't doing that before her versus and her battle versus Keisha Cole was one of the not, if not the most watched one that we've had.You look at Jadakiss and everything that he's been able to do since his epic showdown against, with Lox versus Dipset with that versus you look at Jeezy versus Gucci Mane. I know that versus definitely had its peak popularity during the pandemic, but that kind of stuff that he was able to do with Timbaland, I think also speaks so much to everything that he's been able to do there.And another person I want to mention to that was in this group as well that I think is similar is LL Cool J because I think similar to the way that. Swiss beets is Ella is also with someone that's been involved with multimedia with everything from the jump. He was the 1st artist to truly breakthrough from Def Jam and did it as a teenager.So, of course, he gets plenty of shout out for that, but he's also always been trying to find ways to look out for that next generation of artists. And he's been doing some of that more recently with rock the bells, and that's its own. Company and entity now where they have a festival coming up as well to celebrate things that are happening with hip hops anniversary.So it's been cool to see him do things as well. And I'll give a very brief shout out here to, coach K and P because they, similar to how I mentioned, Kevin Liles were able to build and grow a company and then sell it for, I believe, forget the exact sale price for, quality control. But they were able to do that thanks in part to a lot of the work that Ethiopia had done, helping to give quality control, the platform that it did, and especially in an era where I think it's harder for a record label to have a true brand, they were able to help give it a boost.[00:28:36] Zack Greenburg: That's true. And on that note of labels, I think Julie Greenwald, there's a mention, you know, she and Craig Kalman, who's mentioned, in an earlier grouping, you know, run Atlantic together. And there's a lot of, of music that we wouldn't have seen if it had been for the two of them, you know, running the show over there.So, shout out to Julie. I mean, the only one actually we haven't discussed here with E40 and Rick Ross. And I don't know, you know, probably get moving, but, do you think Rick Ross deserves to be number 21 on this entire list? Like ahead of Pharrell, ahead of, you know, some of the other names on here. I was surprised that he was ranked this high.[00:29:09] Dan Runcie: I love the spicy questions. Cause this is what people wanted to hear the podcast about, right? They wanted to hear one of us, you know, poke the bear a little bit.If Rick Ross was able to nail that dive in the pool, do you think you would have ranked him higher?[00:29:21] Zack Greenburg: Ha ha ha ha ha ha. No, no, I wouldn't. I mean, I still know. I mean, you know, like I get it, you know, he's called the boss that he must be a mogul, You know, and, some of the things he's done in terms of, you know, Bel Air and Maybach music and all that. Sure. But like, you know, when you put them up against like some of the other ones, did he really do something new or was he more just like following a, blueprint that had worked for others before and, you know, executing it to a degree success, but like, again, not, you know, not to the level of, let's say Pharrell.I think maybe I just, I'm salty that he ended up ahead of Pharrell. I think Pharrell is just way more influential and Mowgli, but, I don't know. What do you think?[00:29:59] Dan Runcie: So, I've read 2 of Ross's books and I interviewed him once on Trapital. I think that, to your point, he did follow the blueprint that we saw from others. I think he is smart about the types of partnerships he does, but it does feel like a ditty light. Type of playbook that he's been able to do and build.And I do think a lot of it makes sense. He may not necessarily have the large media entities the way that he does. Although I do think he's overdue for some type of comedy show or some type of reality show just following him around because I think he's hilarious. And anytime that he gets that, it could just generate something unique.And I'm sure he's been hit up about it. I do think that he's done well for himself. Just thinking about. Now, how his career is growing, I think it's been what, 16, 17 years since hustling 1st came out. I think in this range, there is some flexibility there in terms of like, where people are in certain ways.I get why he may not necessarily be as high. I'm sure if you looked at the net worth or the earnings, that some of the people that are lower than him may actually be higher. I think 1 of the knocks potentially is although Maybach music was cool. I wrote about this in Trapit as well. I think there was a missed opportunity.And part of that comes from, huh, did Ross do all the things that he probably could have done from a leadership perspective to especially like, when Meek Mill and Wally were beefing and stuff. And I think Ross had a bit more of a laissez faire approach to things, which in some ways is kind of the opposite of King making as we're talking about this, right?Can we really bring folks together and make something larger than it is. I think it was a bit tough in general for people to try to do everything themselves, try to be the boss of this label, which is signed to a different label because Rick Ross was signed to a different label than MNG was himself. And I think anytime you have that type of dynamic, it's just splitting the leadership interests. So I hear you.[00:32:00] Zack Greenburg: Yeah. So then how much of a mogul are you, if your label is really, you know, so I guess everybody's labels on somebody else's label and have you distributed by something, but you know, it's like when they're like multiple labels kind of, you know, intertwined with your label, it kind of
