What is Puff Daddy’s net worth?
Introduction
Sean Combs, AKA Diddy or Puff Daddy, is a famous American rapper who is currently facing federal charges for sex crimes.
Biography
He was born on November 4, 1969, in New York City as Sean John Combs.
He was raised by his mother after his dad was killed in 1972.
Diddy attended Howard University in Washington.
In 1993, he founded Bad Boy Entertainment.
In 1994, Combs partnered with Clive Davis’s Arista BMG.
After Biggie was murdered, Diddy recorded the tribute “I’ll be Missing You.”
In 1997, Combs released his debut studio album, No Way Out.
Diddy released his second album, Forever, in 1999.
In 2007, he partnered with Diageo on an alliance for Cîroc Vodka.
Girlfriends
Combs has had a number of relationships, including Kim Porter, Misa Hylton, Jennifer Lopez, and Cassie.
Porter died in 2018 in Toluca Lake due to lobar pneumonia.
In 2023, Cassie filed a lawsuit against Combs, alleging that the music mogul raped and sex trafficked her during their relationship.
Children
Diddy has seven children, whom he shares with four different women:
- Justin Combs (mother: Misa Hylton);
- Christian Combs (mother: Kim Porter);
- D’Lila Combs (mother: Kim Porter);
- Jessie Combs (mother: Kim Porter);
- Chance Combs (mother: Sarah Chapman);
- Love Sean Combs (mother: Dana Tran);
- Quincy Brown (Kim Porter’s son from a previous relationship, whom Diddy raised as his own).
Prison
In September 2024, Sean Combs was charged with transportation to engage in prostitution, fraud or coercion, sex trafficking by force, and racketeering conspiracy.
“This investigation is far from over,” U.S. Attorney Damian Williams said.
Federal prosecutors noted that Diddy was able to pull off his acts mainly because of his money.
“He is dealing with this head on, the way he’s dealt with every challenge in his life,” Diddy’s attorney, Marc Agnifilo, said. “And he’s not guilty.”
Puff Daddy – Net Worth
So, how much is Puff Daddy worth?
Diddy earned most of his wealth from selling copies of his albums (No Way Out sold over 7 million copies) and other investments.
Some of his best tracks are — Bad Boy For Life, Show Me Your Soul, Can’t Nobody Hold Me Down, Mo Money Mo Problems, and I’ll Be Missing You.
In 1993, Combs founded Bad Boy Records. Some of the biggest artists in Bad Boy are/were — Ma$e, Cassie, 112, Janelle Monáe, Faith Evans, Mariah Carey, Machine Gun Kelly, French Montana, Notorious B.I.G., and The Lox.
At its peak, Bad Boy Records brought in about $130 million annually.
In 2013, Sean co-founded Revolt — a music-oriented digital cable television network. In 2021, Revolt was available in 50 million American households. In March 2024, Combs sold his stake in Revolt. Financial terms of the deal were not disclosed.
Diddy used to own 50% of DeLeon tequila. In April 2024, he sold his stake in DeLeón Tequila for $200 million. Combs also earned about $50 million annually from 2007 to 2023.
In 2022, Combs agreed to purchase licensed marijuana operations for $185 million. However, the deal didn’t go through.
Combs was an investor in AQUAHydrate (high-performance alkaline water) alongside Jillian Michaels and Mark Wahlberg. AQUAHydrate was acquired by The Alkaline Water Company.
In 2019, Diddy bought a $21 million painting by Kerry James Marshall. The painting is a work called “Past Times.”
In 2017, Combs declared himself a billionaire in a YouTube video.
In 2022, he was labeled a billionaire by Zack O’Malley Greenburg.
He appeared in Girls Trip, Muppets Most Wanted, Get Him to the Greek, Carlito’s Way: Rise to Power, Monster’s Ball, and Made.
Therefore, Puff Daddy has an estimated net worth of $500 million.
Important note – his net worth reduced significantly after the hip-hop mogul was accused of sex trafficking. Consequently, the value of his brands reduced as well as his business partners fled.
Real Estate
In 2003, he paid $14.5 million for a house in Miami.
In 2009, Diddy bought a 9,655-square-foot mansion with six bedrooms and seven bathrooms in Toluca Lake for $5.25 million. Billed as “one of the largest and grandest homes in Toluca Lake,” the property was put up for sale in 2021 for $7 million. He sold it one year later for $6.5 million.
In 2014, Combs acquired a 1o-bedroom, 13-bathroom mansion in LA for $39 million. In March 2024, Homeland Security raided his Los Angeles home. In September 2024, Sean listed his 10-bedroom mansion for $61.5 million.
In 2021, he invested in another house in Miami, for which he paid $35 million. It includes two buildings on 1.34 acres. It was previously owned by Gloria and Emilio Estefan. The Estefans originally bought the mansion in 1993 for $1.84 million.
Airplane & cars
Diddys owns or used to own:
- Cadillac Escalade;
- Chevrolet Corvette;
- Ferrari F430 Spider;
- Rolls-Royce Phantom;
- Mayback 57;
- Jeep Wrangler Unlimited;
- Lamborghini Gallardo Spyder.
He has a Gulfstream G550 painted black.