Just yesterday we highlighted Forbes‘s list of wealthiest hip-hop artists, which saw Diddy and Jay Z — go figure — jockeying for the top position. Currently, Jay has a net worth of roughly $810 million USD, while Diddy’s is $820 million, so the question remains, who will become a billionaire first?

Well, thanks to a new Roc Nation tour deal, that might just be Hov. Jay Z has subsequently inked a new 10-year partnership with Live Nation, covering worldwide touring, with Live Nation as producer and promoter.

“Live Nation and I entered unchartered territory in 2008,” said Jigga in a statement. “Over nine years, we have traveled the world producing historic music experiences. Michael Rapino is an industry visionary, and this renewed partnership is a testament to our longstanding relationship and the talented individuals at Live Nation. For the next 10 years, we will continue redefining the live event landscape.”

“Jay Z is one of the world’s preeminent touring artists,” Live Nation president/CEO Michael Rapino said in a statement. “This strengthens the creative and business partnership of someone that continues to expand his touring base and reach.”

News of the Live Nation deal arrives as Jay Z is reportedly focused on revitalizing his own music career, as he is rumored to be working on a new album.

Your move, Diddy.

Not NYC, not LA.

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