P Diddy Net Worth $900 Million
Diddy Net Worth P. Diddy (also known as Puff Daddy) is an American rapper and singer. He has a net worth in excess of $900 million. His record label Bad Boy Entertainment is his most well-known, but he also has his own musical and entrepreneurial ventures.
Diddy is one the most well-known and highest-paid celebrities in the world and has been for over two decades. He can earn $50-100 million in a single year. He has made well over $1B from his vast business empire, which includes music royalty payments and investments in brands such as Ciroc vodka. He also holds a stake in DeLeon Tequila and Aquahydrate, an alkaline water brand.
Early Life and Career Beginnings
Sean John Combs was conceived in Harlem (New York City) on November 4, 1969. After his father, Sean John Combs, was killed while sitting in his car in Central Park West at the age of two, he was raised in Mount Vernon. Combs graduated in 1987 from the Roman Catholic Mouth Saint Michael Academy. After his sophomore year, Combs attended Howard University to study business.
He was offered an internship at New York’s Uptown Records. Later, he became a talent manager. He was a part of the Uptown team that helped Mary J. Blige and Jodeci develop their careers. Combs was fired from Uptown in 1993 and started Bad Boy Entertainment, a joint venture with Arista Records.
Combs took his then-newcomer artist, The Notorious B.I.G. (AKA Biggie Smalls) with him when he left Uptown. The Notorious B.I.G. Craig Mack and The Notorious B.I.G. both released hit singles with Bad Boy. Combs signed other artists such as Faith Evans, Carl Thomas, 112, Total and Father MC. The Hitmen was his in-house production company, which worked with artists such as Jodeci, Usher and Lil’ Kim. They also collaborated with Mariah Carey, Boyz II Men and Aretha Franklin. In the mid-1990s, there was a fierce rivalry between Bad Boy Records and Death Row Records on West Coast. Both Combs and The Notorious B.I.G. were particularly criticized. Tupac Shakur parodied both Combs and The Notorious B.I.G.
Combs’s success as a producer and record executive was not the only thing that made him a successful musician. In 1997, Combs was known as Puff Daddy and recorded his first commercial work. His first single, “Can’t Nobody Hold me Down”, reached number one on Billboard Hot 100 charts and remained there for 28 weeks. In July 2017, he released his debut studio album, “No Way Out”. He originally intended to call it “Hell up Harlem”, but he changed the title several times after The Notorious B.I.G. He was shot to death in March of that year. It was a huge success. Combs received five Grammy nominations for the album in 1998 and won the Grammy Award as Best Rap Album. Three more albums were released by Combs: “Forever” (1999), The Saga Continues (2001), & “Press Play” (2006)
Combs changed his stage title from “Puff Daddy”, to “P. Diddy” in 2001. In 2005, he made another name change to “Diddy.” Richard Dearlove, a London-based artist who performed under the name “Diddy”, sought an injunction from Combs at the High Court of Justice in London, November 2005. Dearlove settled out of court for PS10,000 in damages, more than PS100,000. Combs can’t use the name “Diddy” in the UK so he is still known as “P. Diddy.
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Ventures and Other Projects
Combs is also a well-known actor. Combs has been in movies such as “Made”, “A Raisin in the Sun”, (2008), “Get Him to the Greek,” (2010), “Draft Day,” (2014), and “The Defiant Ones.” (2017). He was the executive producer for the reality TV series “Making the Band,” which aired from 2002 to 2009. He also did a short stint in reality TV with the VH1 series, “I Want To Work For Diddy” (2008).
Combs is also a successful businessman. In 1998, he founded the clothing line “Sean Jean”, which was awarded the CFDA Menswear Designer Award in 2004. Combs Enterprises is his umbrella company. Combs, in addition to his clothing line, has helped to develop the Ciroc vodka brand for 50% of the profits. He also holds a significant equity stake in Revolt TV and bought a majority stake in Aquahydrate beverage company in partnership with Mark Wahlberg.
Combs is a father of six children. Misa Hylton Brim was his first biological child. From 1994 to 2007, he was in an ongoing relationship with Kimberly Porter. They had twin girls and a son. Combs adopted Porter’s son from an earlier relationship. Porter died from pneumonia in November 2018. Combs has a daughter, Sarah Chapman. He assumed legal responsibility for her in October 2007. He has a $7 million home in Alpine, New Jersey that he bought.
Combs has been in multiple legal issues. Gunfire broke out in December 1999 while Combs was out at Club New York in Manhattan, with Jennifer Lopez, his then-girlfriend. Following a police investigation into weapons violations, Combs was arrested along with Shyne, a fellow rapper. Combs was ultimately charged with four weapons-related offences and bribing Shyne to take his gun. The trial was highly publicized. In 2001, he was also charged with driving in Florida while his license was suspended.
As of the writing, P Diddy’s net worth is $900 million. He is an actor, rapper, producer, actor and philanthropist. Diddy is second in wealth behind Jay-Z. His annual earnings regularly exceed $100 million, making him one of the most highly-paid entertainers in the world.