P Diddy’s net worth is estimated to be $900 million.
P. Diddy, AKA Puff Daddy, is a rapper, singer, record producer, entrepreneur, and fashion designer from the United States. Diddy has a net worth of $900 million dollars as of this writing. He is best known for his record label Bad Boy Entertainment, as well as his musical and entrepreneurial endeavors on his own.
Diddy is one of the world’s highest-paid and wealthiest celebrities, and has been for more than two decades. He earns between $50 and $100 million in any given year. He earned well over $1 billion between 2000 and 2020 through his sprawling business empire, which includes music royalties and investments in brands such as Ciroq vodka. He also owns a stake in DeLeon tequila and Aquahydrate, a brand of alkaline water.
Early Years and Career Initiation
Sean John Combs was born on November 4, 1969, in Harlem, New York City. He was raised in Mount Vernon, New York, after his father was assassinated on Central Park West while sitting in his car when Combs was two years old. Combs earned a bachelor’s degree in 1987 from the Roman Catholic Mouth Saint Michael Academy. He then enrolled at Howard University with the intention of majoring in business but dropped out after his sophomore year.
He obtained an internship at Uptown Records in New York, where he later worked as a talent director. He assisted in the development of artists such as Jodeci and Mary J. Blige while at Uptown. After being fired from Uptown in 1993, Combs co-founded Bad Boy Entertainment with Arista Records.
Career in Music
Combs relocated to Uptown with then-unknown artist The Notorious B.I.G., AKA Biggie Smalls. Both The Notorious B.I.G. and Craig Mack had chart-topping singles with Bad Boy, and Combs quickly signed additional acts such as Carl Thomas, Faith Evans, 112, Total, and Father MC. He also founded The Hitmen, an in-house production team that worked with artists such as Jodeci, Usher, Lil’ Kim, TLC, Mariah Carey, Boyz II Men, and Aretha Franklin. Between Bad Boy and Death Row Records on the West Coast in the mid-1990s, a highly publicized rivalry developed. Tupac Shakur specifically criticized and mocked Combs and The Notorious B.I.G.
Along with his successful career as a record executive and producer, Combs has built a lucrative solo music career as a recording artist. Combs made his commercial debut as a rapper in 1997, going by the moniker Puff Daddy. “Can’t Nobody Hold Me Down” peaked at number one on the Billboard Hot 100 chart and remained there for 28 weeks. In July 2017, he released his self-titled debut studio album, titled “No Way Out.” It was originally titled “Hell up in Harlem,” but he changed the title following the March assassination of The Notorious B.I.G. Combs received five Grammy nominations for the album in 1998 and won the Grammy Award for Best Rap Album. He has since followed up with three additional albums: “Forever” (1999), “The Saga Continues…” (2001), and “Press Play” (2003). (2006).
Combs changed his stage name from “Puff Daddy” to “P. Diddy” in 2001, and then to “Diddy” exclusively in 2005. Richard Dearlove, a London-based artist who has performed as “Diddy” since 1992, filed an injunction against Combs in November 2005 at the London’s High Court of Justice. Dearlove accepted an out-of-court settlement of £10,000 in damages and more than £100,000 in costs, and Combs is not permitted to use the moniker “Diddy” in the United Kingdom, where he is referred to as “P. Diddy.”
Earnings of Diddy in Each Year
$7 million in 2007
35 million dollars (2008)
$30,000,000,000 in 2010
35 million dollars in 2011
2012 – $45,000,000,000
$50,000 in 2013
$60,000 in 2015
64 million dollars in 2016
$ 130 million in 2017
6.4 million dollars in 2018
103 million dollars in 2019
55 million dollars in 2020
$787,000,000 in total
Additional Ventures and Projects
Combs has also enjoyed a successful acting career in addition to his music career. He has appeared in a number of films, including “Made” (2001), “A Raisin in the Sun” (2008), “Get Him to the Greek” (2010), “Draft Day” (2014), and “The Defiant Ones” (2017). He served as executive producer of the reality television show “Making the Band,” which aired on MTV from 2002 to 2009, and he also had a brief run on reality television with the 2008 VH1 series “I Want to Work for Diddy.”
Combs is also a wealthy entrepreneur. In 1998, he founded the clothing line “Sean John,” which was awarded the 2004 CFDA Menswear Designer of the Year award. He is also the founder and CEO of Combs Enterprises, the holding company for his various business ventures. Along with his clothing line, Combs partnered with actor Mark Wahlberg and businessman Ronald Burkle to develop the Ciroc vodka brand. He also owns a significant stake in Revolt TV and a majority stake in beverage company Aquahydrate.
Life in General
Combs is a six-time father. In 1993, he and designer Misa Hylton-Brim welcomed his first biological child. From 1994 to 2007, he was involved on-again, off-again with Kimberly Porter. They had a son and twin daughters together, and Combs also adopted Porter’s son from a previous marriage. In November 2018, Porter succumbed to pneumonia. Combs also has a daughter from his relationship with Sarah Chapman, for whom he assumed legal responsibility in October 2007. He recently purchased a $7 million home in Alpine, New Jersey.
Combs has encountered the law on numerous occasions. While out with then-girlfriend Jennifer Lopez at Manhattan’s Club New York in December 1999, gunfire erupted. Combs and fellow rapper Shyne were arrested as a result of a police investigation into alleged weapon violations. Combs was ultimately charged with four weapons-related offenses and bribing his driver to claim ownership of his gun, and his trial was widely publicized. Additionally, in 2001, he was arrested in Florida for driving with a suspended license.
Diddy purchased a home in East Hampton for $2.45 million in 1998. This is the location of his legendary White Party. He occasionally rented this home for up to $200,000 per month. He sold it for $4.7 million in 2020.
Diddy purchased a 3.5-acre estate in Alpine, New Jersey for $4 million in 2004. His property was listed for $9 million in 2007 but received no interest. He eventually sold it for $5.5 million in 2016.
Diddy paid $39 million in September 2014 for a 17,000-square-foot mansion in Holmby Hills, a posh Los Angeles neighborhood. Nile Niami, the developer, built the house on spec. Diddy’s Beverly Hills mansion features a pool that is connected to a grotto via an underwater tunnel. Additionally, it includes a 35-seat movie theater, a steam room, a massage room, a beauty salon, and a wine cellar. The residence is close to the Playboy Mansion.
Diddy spent $5.25 million on a home for Kim Porter, with whom he had several children, in 2009. Kim passed away in 2018, tragically. This residence is still in Diddy’s ownership.
Diddy paid $35 million in August 2021 for a house on Miami’s Star Island that Gloria and Emilio Estefan were selling. The home is situated on 1.3 acres of land and has a 240-foot frontage on the water. Since 2003, Diddy has owned the adjoining property. In 2021, he purchased the following mansion: