P Diddy Net Worth

P Diddy Net Worth 2024 

What is P Diddy Net Worth ?

P. Diddy, also known as Puff Daddy, is an American who sings, raps, makes records, starts businesses, and designs things. He has about $1 billion. Diddy has been one of the richest rappers for many years, but he's never had a billion dollars, even though some people thought he did.

Diddy got really famous because of his record label, Bad Boy Entertainment. He helped lots of singers and rappers get famous, like The Notorious B.I.G., Mary J. Blige, and Faith Evans. He also made songs with other famous singers like Usher, Mariah Carey, and TLC. Diddy made his own rap albums too and won awards for them. But some people didn't like that he used other people's music in his songs.

Apart from music, Diddy did a lot of other stuff. He was in the news for getting into fights and dating famous people like Jennifer Lopez. He started many successful businesses, like clothes brands, TV shows, and even his own alcohol brand. One of his biggest successes was with a vodka company called Ciroq. He helped make it really popular, and he made a lot of money from it. He also worked with a tequila brand called DeLeon, which was a success too.

In total, Diddy made over a billion dollars from his businesses in the last 20 years. His partnership with a company called Diageo made him a lot of money. They paid him $1 billion for his work with them from 2007 to 2023. That's way more money than he made from his music. But in 2024, he stopped working with Diageo.

Early Life and Career Beginnings

Sean John Combs was born in Harlem, New York City, on November 4, 1969. He grew up in a place called a housing project, which is like a big building with apartments for people with low incomes. When Sean was young, his dad, Melvin Combs, worked with someone who sold drugs illegally and got into trouble. Sean's dad got shot and killed when Sean was only three years old. After that, Sean and his family moved to a different town called Mount Vernon, in New York.

Moving to Mount Vernon was a big change for Sean. In his old neighborhood, many boys quit school and joined gangs. But in Mount Vernon, Sean went to a good school called Mount Saint Michael Academy. After that, he went to a college called Howard University in Washington, D.C., to learn about business.

While he was at Howard, Sean got a job working for free at a music company called Uptown Records in New York City. He got the job because he knew a rapper named Heavy D, who helped him. Sean changed his college schedule so he could travel to New York a few days a week for his job and still go to class. He woke up very early every Thursday to catch a train to New York and worked until late. Then he went back to D.C. on Friday to organize parties all weekend. But after a while, Sean realized he liked his job more than going to college, so he left college and worked full-time at Uptown Records. He became the Vice President of Uptown Records when he was only 22 years old.

While he was there, Sean helped make singers like Jodeci and Mary J. Blige famous. But then he lost his job at Uptown in 1993. So, he started his own music label called Bad Boy Entertainment with another company called Arista Records.

Bad Boy Records

In 1991, Diddy planned a big basketball game to help raise money for AIDS. It was supposed to happen at City College of New York, and many famous people were going to play. But too many tickets were sold, and the gym got overcrowded. People were pushing to get in, and sadly, nine people died, and 29 were badly hurt. Diddy paid some money to the victims, but he lost his job at Uptown Records because of it.

After that, in 1994, Diddy started his own music label called Bad Boy Records. A rapper called The Notorious B.I.G. joined him, and they released some successful songs. Diddy signed more singers and rappers like Carl Thomas, Faith Evans, and 112. He also formed a group of music producers called The Hitmen.

Diddy didn't just help others with their music; he also made his own. In 1997, he released his first solo song called "Can't Nobody Hold Me Down," which became really popular. His first album, "No Way Out," was a hit too, and it won a Grammy Award.

Over the years, Diddy changed his name a few times, from "Puff Daddy" to "P. Diddy" to just "Diddy." But in the UK, he had to stick to "P. Diddy" because another artist already had the name "Diddy."

Diddy made a lot of money from his music and businesses over the years. Here's how much he earned each year:

• 2007: $28 million
• 2008: $35 million
• 2009: $30 million
• 2010: $30 million
• 2011: $35 million
• 2012: $45 million
• 2013: $50 million
• 2014: $60 million
• 2015: $60 million
• 2016: $62 million
• 2017: $130 million
• 2018: $64 million
• 2019: $103 million
• 2020: $55 million
• 2021: $75 million
• 2022: $90 million
• 2024: $1 billion

Diddy Net Worth

Other Projects and Ventures

Apart from making music, Combs has also been in movies and TV shows. He acted in films like "Made," "A Raisin in the Sun," "Get Him to the Greek," "Draft Day," and "The Defiant Ones." He also worked behind the scenes as the boss of a reality TV show called "Making the Band," which aired on MTV for many years. He even had his own reality TV show called "I Want to Work for Diddy."

Combs is not just a star on screen; he's also a smart businessman. He started a clothing brand called "Sean John" in 1998, and it became really famous. He won an award for it in 2004. He also runs a big company called Combs Enterprises that looks after all his businesses. Apart from clothes, he's into drinks too. He helped make Ciroc vodka popular and owns a big part of Revolt TV. He also invested in a company called Aquahydrate, which sells water.

In 2019, Diddy became a big investor in PlayVS. It's a company that helps high schools in the U.S. organize video game competitions.

Personal Life

Combs has seven children. His first child was born in 1993 with Misa Hylton-Brim, a designer. He was in a relationship with Kimberly Porter from 1994 to 2007. They had a son and twin daughters, and Combs also adopted Porter's son from another relationship. Unfortunately, Porter passed away in November 2018. Combs has another daughter with Sarah Chapman, whom he legally accepted as his own in October 2007. From 2007 to 2018, Combs was with Cassie Ventura. His seventh child, a daughter, was born in October 2022 to Dana Tran.

Combs has faced legal issues too. In December 1999, there was gunfire at Club New York in Manhattan while he was with his then-girlfriend Jennifer Lopez. He and another rapper, Shyne, were arrested for weapons violations. Combs was charged with four weapons-related charges and accused of bribing his driver to claim ownership of his gun. He had a well-known trial. He was also arrested for driving with a suspended license in Florida in 2001.

Rape Allegations

In November 2023, Diddy's ex-girlfriend Cassie said Diddy raped her and hurt her physically and emotionally for years. Cassie also said Diddy made her do sexual things with other people while he recorded it. She said he even raped her after she tried to break up with him in 2018. Diddy denied this through his lawyer, saying Cassie just wanted money.

They settled the matter privately within a day. After Cassie spoke out, two more women said Diddy raped them. One woman said Diddy raped her in 1991 when she was in college, and he recorded it. This news caused Diddy to step down as the head of his TV network, Revolt TV, on November 28, 2023.

Real Estate

In 1998, Diddy bought a house in East Hampton for $2.45 million. He often used it for his famous White Party and sometimes rented it out for $200,000 a month. He sold it in 2020 for $4.7 million.

In 2003, he bought a three-bedroom apartment in New York City for $3.82 million. He sold it in 2017 for $5.7 million.Then, in 2004, he got a 3.5-acre estate in Alpine, New Jersey, for $4 million. He tried to sell it for $9 million in 2007 but couldn't. Finally, in 2016, he sold it for $5.5 million.

In September 2014, he bought a huge mansion in Holmby Hills, LA, for $39 million. It has a cool pool with an underwater tunnel, a big movie theater, and lots of other fancy stuff.

In 2009, he bought a house in Toluca Lake for his ex-girlfriend Kim Porter and their kids for $5.25 million. Sadly, Kim passed away in 2018. Diddy sold the house in 2022 for $6.5 million.

In August 2021, he bought a mansion on Star Island in Miami for $35 million from Gloria and Emilio Estefan. It's on a big piece of land with lots of water around it. He already owned the property next door since 2003.