Season Combs AKA Puff Daddy AKA P Diddy is an American rapper, singer, producer, and designer. He is best known for his successful rap career and his record label Bad Boy Entertainment
P Diddy is an American rapper who has a net worth of $900 million. He has earned most of his wealth from his musical and entrepreneurial career.
|Net Worth||$900 Million|
|Source of Wealth||Rap Career, Record Label, Entrepreneurship|
|Full Name||Sean John Combs|
|Occupation||Rapper, Producer, Entrepreneur|
|Education||Howard University, Black Nexxus|
|Date of Birth||November 4, 1969|
|Children||QUINCY, Justin Dior Combs, King Combs, Chance Combs, D’Lila Star Combs, Jessie James Combs|
How Did P Diddy Acquire His Wealth?
While P Diddy’s earliest paying job was at Uptown Record, his earnings at the time were negligible compared to what he earned on his own. So he started Bad Boy Records in collaboration with Arista Records and launched The Notorious B.I.G. and Craig Mack, releasing hit singles.
Soon, Combs realized the potential of Bad Boy Records and signed contracts with Carl Thomas, Faith Evans, Total, 112, and Father MC. Soon after he realized his potential of making money, he formed a production team called Hitmen.
He also launched his debut album, which reached the number 1 spot, and stayed there for 11 weeks. However, Diddy soon leveraged his immense wealth and got roles as an entrepreneur by opening Combs Enterprises.
His company owns several other brands such as Bad Boy Worldwide Entertainment Group, Bad Boy Records, Sean John, AQUAhydrate, Combs Wine & Spirits, The Blue Flame Agency, and Revolt Media Group.
His earnings over the years have been massive, with a start of $27 million in 2007, followed by $35 million the following year. His earnings took a drop for a year in 2009 and were $30 million for two years, but got back to $35 million in 2011.
Sean again boosted his earnings in 2012 with an annual income of $45 million, followed by $50 million the following year. This trend continues, and his revenues reached a massive $130 million in 2017. In 2020, his earnings were back to $50 million.
How Did P Diddy Get So Rich?
Thanks to his immensely successful Record Label, Musical Career, and Companies, Sean Combs or P Diddy has earned his massive net worth.
How Does P Diddy Spend His Money?
Sean Combs does know how to spend his money wisely but also likes to flaunt it around a little. He has a penthouse bachelor pad at the Park Imperial. His 2200 sq ft apartment has five rooms in total, with one of them being a den. This home is valued at $7.5 million and offers a beautiful view of the Hudson River.
He also owns an impressive car collection, including a Phantom Drophead Coupe, which costs $443k, a $300k Lamborghini Gallardo Spyder, a $360k Maybach 57, a Jeep Wrangler Unlimited, and a $110k 1958 Corvette.
P Diddy has also contributed to various charities over the years. The most notable ones were the American Foundation for AIDS Research, Breast Cancer Research Foundation, Barbara Davis Center for Childhood Diabetes, i.am scholarship Fund, ONE Campaign, and more.
P Diddy’s Early Life
Sean John Combs was born on November 4, 1969, in Harlem, New York City. He was raised in Mount Vernon later as his father was shot to death in his car while Sean was only two years old.
He graduated from the Roman Catholic Mount Saint Michael Academy in 1987 and attended Howard University to study Business. However, he dropped out of university in his Junior Year and landed an internship at Uptown Record in New York.
His superiors were impressed by his work and made Sean a talent director at the label. Here, he helped develop several famous artists, including Jodeci and Mary J. Bridge.
He was soon fired from the label and established his brand with Arista Records titled Bad Boy Records. It was around the same time that he gained an interest in developing his musical career.
P Diddy’s Career Highlights
- NAACP Image Awards (A Raisin in the Sun, Outstanding Actor, 2009)
- Bet Awards (Bump, Bump, Bump, 2003)
- MTV Video Music Awards (I’ll be Missing You, 1997)
- Grammy Awards (No Way Out, Best Rap Album, 1998)
Is P Diddy the richest rapper?
P Diddy stands on the third spot of the wealthiest rappers globally, with the first spot occupied by Kanye West, whose net worth stands at $6.3 billion.
Who is richer, Jay Z or Puff Daddy?
Jay Z is richer than Puff Daddy AKA P Diddy, and his net worth stands at $1.3 billion compared to P Diddy’s net worth of $900 million.
P Diddy is a famous rapper and entrepreneur who has earned immense success while launching the careers of several other artists via his record label. After accounting for all his income and assets over the years, P Diddy’s net worth is estimated at $900 million as of 2022.