(AllHipHop News) Cash Money Records may be facing two separate lawsuits from Hot Boys members Lil Wayne and Turk at the moment, but the heads of the label are still being honored by Billboard magazine for being among the most powerful people in the music business.
The publication ranked Cash Money founders Bryan "Birdman" Williams and Ronald "Slim" Williams at number at 90 on its 2015 Power 100 list. The two brothers fell 40 spots from last year. However, Birdman was the only rap mogul/performer to be included on the 2015 list.
Other industry insiders connected to Hip Hop to make Billboard's Power 100 include Apple executive Jimmy Iovine (5), Roc Nation CEO Jay Brown (30), Warner/Chappell Music North American President Jon Platt (46), Epic Records executives L.A. Reid & Sylvia Rhone (61), and BET executives Stephen Hill & Debra Lee (84).
Lucian Grainge, Chairman/CEO of Universal Music Group, rose one spot from last year to take the #1 position. Jay Z & Beyoncé were named 2014's most powerful people in music. Neither of the Carters made the 2015 edition.
Despite the current legal battle taking place between Cash Money and Wayne, Slim was quoted recalling his first time meeting the "A Milli" performer. He said, "When I first met Wayne in the early '90s at an autograph signing. He was like 9 years old. But he was very impressive and confident."
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Check out the cover of Billboard's "Power 100" issue featuring Lucian Grainge along with UMG artists Kanye West and Lana Del Rey.