$900 Million
Known professionally as Puff Daddy, American rapper P. Diddy also performs as a vocalist and record producer. Diddy is currently worth $900 million, according to the most recent available data. In addition to his own musical and commercial endeavours, he is most known for his record company, Bad Boy Entertainment.
For more than two decades, Diddy has been one of the world’s highest-paid and wealthiest entertainers. He makes between $50 million and $100 million a year, depending on the year. His economic empire, which includes music royalties and interests in businesses like as Ciroq vodka, has earned him more than $1 billion between 2000 and 2020. Aside from Aquahydrate and DeLeon tequila, he holds an interest in both.
Puff Daddy Early Life and Career
Originally from Harlem, Sean John Combs was born on November 4, 1969. When Combs was two years old, his father was fatally murdered while riding in his automobile on Central Park West. He was reared in Mount Vernon, New York.
It was 1987 when Combs graduated from Rome’s Mouth Saint Michael Academy. In his sophomore year, he transferred to Howard University, where he pursued a business degree, but he dropped out after one semester.
At New York’s Uptown Records, he worked his way up to the position of talent director after landing an internship there. He aided in the growth of musicians like Jodeci and Mary J. Blige while working at Uptown Records in New York City. Combs founded his own record company, Bad Boy Entertainment, with Arista Records after being sacked from Uptown in 1993.
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Puff Daddy: Music Career
The Notorious B.I.G., or Biggie Smalls, was one of the artists Combs brought with him when he departed Uptown. Craig Mack and The Notorious B.I.G. released hits with Bad Boy, and Combs swiftly signed more artists including Carl Thomas, Faith Evans, 112, Total, and Father MC.
As a result, he founded an in-house production company known as The Hitmen, who collaborated with singers like Jodeci, Usher & Lil’ Kim, TLC and Mariah Carey among others. Between Bad Boy Records and Death Row Records, on the West Coast, a bitter competition arose in the mid-1990s. Tupac Shakur, in particular, made fun of both Sean ‘Diddy’ Combs and The Notorious B.I.G.
Additionally, Combs has had a successful solo music career, both as a record executive and as a recording artist himself. In 1997, under the alias Puff Daddy, Combs released his first commercially successful rap album.
After peaking at number one on the Billboard Hot 100 list for 28 weeks, “Can’t Nobody Hold Me Down” became his breakout hit. When he released “No Way Out” in July 2017, he followed it up. After the death of The Notorious B.I.G. in March of that year, he renamed the album “Hell Up in Harlem.” Five Grammy nominations in 1998, including the Grammy Award for Best Rap Record, made the album a huge success. “The Saga Continues…” (2001) and “Press Play” (2003, 2004) are the last three albums he’s put out (2006).
He stated in 2005 that he will be changing his stage name from “Puff Daddy” to “P. Diddy.” Richard Dearlove, a London-based musician known professionally as “Diddy” since 1992, filed a lawsuit against Combs in November 2005 in the High Court of Justice in London. A settlement of £10,000 and more than £100,000 in expenses was reached between Dearlove and Combs, and Combs cannot use the moniker “Diddy” in the United Kingdom, therefore he stays known as “P. Diddy.”
Puff Daddy Other Projects
Combs has had a successful acting career in addition to his singing one. Made (2001), A Raisin in the Sun (2008), Get Him to the Greek (2010), Draft Day (2014), and The Defiant Ones (2016) are some of the films he has appeared in (2017). Aside from his work as executive producer of MTV’s “Making the Band,” he also had his own reality programme, “I Want to Work for Diddy,” which aired on VH1 in 2008.
Besides being a great entrepreneur, Combs is also quite wealthy. In 1998, he launched the “Sean John” apparel line, which earned the CFDA Menswear Designer of the Year award in 2004. Combs Enterprises, the holding corporation for all of his companies, is also headed by him. Revolt TV and Aquahydrate are two more businesses owned by Combs alongside actor Mark Wahlberg and businessman Ronald Burkle in addition to his apparel line and Ciroc vodka brand development for 50 percent of the revenues.
Puff Daddy Personal Life
As a parent, Combs has six children to his name. In 1993, designer Misa Hylton-Brim gave birth to his first biological child. From 1994 through 2007, he had an on-again, off-again romance with Kimberly Porter.
With Porter, they had a child and twin girls, as well as the adoption of his older brother. Porter died in November 2018 of pneumonia. In addition, Combs and Sarah Chapman had a daughter, for whom he assumed legal guardianship in October 2007. He has a $7 million mansion in Alpine, New Jersey.
In the past, Combs has had several run-ins with the authorities. Gunfire erupted at Club New York in Manhattan in December 1999, while Jennifer Lopez and I were out with our then-girlfriends. Police detained Combs and fellow rapper Shyne for firearms offences following an investigation. When four weapons-related accusations and bribery of his driver were brought against Combs, he went through a high-profile trial. In 2001, he was again pulled over in Florida for driving with a suspended licence.
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Puff Daddy Property
He paid $2.45 million for a house in East Hampton in 1998, when he was famous. His legendary White Party would be held here. This house was on the market for as much as $200,000 a month when he was renting it out. In the year of his sale, he received a profit of $4.7 million.
A 3.5-acre mansion in Alpine, New Jersey, was purchased by Diddy for $4 million in 2004. When he put it on the market for $9 million in 2007, he received no offers. Finally, in 2016, he was able to sell this home for $5.5 million.
A 17,000-square-foot property in Holmby Hills, a posh Los Angeles enclave, cost Diddy $39 million in September 2014. Nile Niami, the developer, had the house built to his exact specifications before it was delivered to the buyer. There’s a tunnel leading from the pool to a grotto inside Diddy’s Beverly Hills property. Additionally, there is a 35-seat movie theatre, sauna room, massage room, beauty salon, and wine lounge in the establishment. The Playboy Mansion is not far away from this residence.
According to TMZ, Diddy spent $5.25 million for Kim Porter’s house in 2009. In 2018, Kim was tragically killed. This house belongs to Diddy.
Gloria and Emilio Estefan were selling their Miami mansion on Star Island when Diddy bought it for $35 million in August 2021. In all, the property is 1.3 acres in size, with 240 feet of water frontage. Since 2003, Diddy has owned the next-door property.
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