Sean "Diddy" Combs, the disgraced entrepreneur, is estimated to be worth an astonishing $600 million, Celebrity Net Worth suggested.
Over the course of his decades-long career, the 54-year-old has earned his fortune as a performer, record producer and executive, entrepreneur, actor, and designer.
In September, the rapper was charged with racketeering conspiracy, s-- trafficking by force, fraud or coercion, and transportation to indulge in prostitution. Despite this, the star is expected to be draining his account. Nevertheless, he is one of the wealthiest rappers ever, Aljazeera reported.
The star, incarcerated in Brooklyn's Metropolitan Detention Center without bail, accumulated most of his wealth as an executive for his record label, Bad Boy Entertainment.
The Notorious B.I.G., Mary J. Blige, Faith Evans, Usher, Lil' Kim, Mariah Carey, Boyz II Men, and TLC were among the most prominent musicians collaborating with the business, which Combs established in 1994. During the 1990s and 2000s, the label won numerous accolades, including a Grammy for Best Rap Album for one of its artists.
Bad Boy eventually established an in-house production team, The Hitmen, collaborating with prominent performers like Aretha Franklin. Throughout this incredibly successful period, Combs established a media company, two reality programs, a liquor brand, and clothing lines, in addition to his acting career.
Combs produced his music and earned revenue from the label, further bolstering his pocketbook.
In 1997, Combs released his debut single, "Can't Nobody Hold Me Down," under the moniker Puff Daddy, VIBE.com stated. The song achieved the highest position on the "Billboard" Hot 100 chart, where it remained for 28 weeks.
Subsequently, Combs published his debut album, "No Way Out," several months following the death of The Notorious B.I.G. Three additional albums were released by Combs: Forever in 1999, The Saga Continues… in 2001, and Press Play in 2006.
Since 2007, Combs has amassed an annual income of $28 million to $130 million through his numerous entrepreneurial endeavors. In 2017, he generated the highest revenue, a staggering $130 million in total. Over the past 15 years, Combs has generated an estimated $952 million in revenue.
Combs has encountered significant legal complications as a result of his numerous lawsuits for sexual assault and abuse and his New York indictment, despite his success.
Cassie Ventura, Combs' former girlfriend, claimed that she was subjected to physical, emotional, and rape abuse by the father of seven during their relationship in 2023, CNN reported.
However, just months later, a shocking video was leaked that showed Combs violently kicking and hitting Ventura. Combs' counsel denied Ventura's claims, alleging they were a money grab.
According to reports, Ventura requested a $30 million payment to refrain from disclosing her allegations. Although the amount of compensation Combs paid Ventura remains unclear, the two ultimately reached a settlement.
