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Tayor Swift falls as Diddy tops Forbes list of highest paid celebrities

┬áNEW YORK: Rapper turned businessman Diddy was the world's top-paid celebrity in the past year, edging out closest competitor Beyonce, Forbes said in its annual list Monday. Diddy earned $130 million in the past 12 months, of which $70 million came from selling a one-third stake in his Sean John clothing line. Diddy -- whose real name is Sean Combs and earlier in his career was known as Puff Daddy -- is estimated by Forbes to be worth a total of $820 million even though he has released little music in the past decade.…