How rich is Fr. Diddy really?
That a Howard University dropout would make it this far might come as a surprise to many. But not for Sean Combs, as P. Diddy’s real name is. Because he had always believed in himself and his unconditional will to win was simply unbreakable. This is all the more remarkable considering what Sean Combs went through at a very young age. His father was eventually murdered when little Sean was just 5 years old. So his mother raised him alone in the New York borough of Harlem, which can’t have been a bed of roses either, since Harlem wasn’t exactly a safe place for a child.
But Sean Combs has taken his destiny into his own hands and has since built an entire empire around himself, including a hugely successful fashion brand called Sean John. Even if it’s been a few years since his last album, the rapper was able to earn around 60 million US dollars from his various projects last year. P. Diddy’s net worth is estimated at around €770 million .
So Diddy can be quite happy that he simply gave up his studies of business administration for a job at Uptown Records. Because the New Yorker finally had a foot in the door of the music world. He initially worked there as a production assistant and was able to acquire a great deal of knowledge, which would later help him in founding his own label called Bad Boy Records.
Since Diddy founded his label in 1993, he has worked as a producer with many illustrious artists and produced their albums. So did The Notorious BIG, Lil’ Kim, Junior Mafia and Craig Mack. However, it took another stroke of fate before P. Diddy entered the music business as an artist himself and became one of the American rappers who is now probably the best known around the world.
Achievements as an Entrepreneur
- Sean Combs has also been a partner in the vodka brand ” Cîroc ” since 2007. The advertising deal reportedly includes a 50% share of profits for P. Diddy.
- In 2013 Diddy founded the US music channel ” Revolt “
- In 2014, the rapper bought the tequila brand DeLeon tequila together with the British drinks company Diageo . Both parties hold 50% of the shares in the premium brand.
A life full of ups and downs
But in 1997, with the murder of Notorious BIG, who was now one of Puff Daddy’s close friends, another stroke of fate followed, which Puffy was only able to deal with thanks to the music. This music also laid the foundation for Puffy’s own singing career and his first album, “No Way Out,” was honored with a Grammy. In particular, the track “I’ll Be Missing You”, in which Sean Combs processed his grief over the death of his close friend, became a resounding hit that many fans still remember today.
Better times were about to dawn for Sean Combs. Already in 1998 he founded his label Sean John. In 2004 he finally made it to the top of the fashion world. Because this year P. Diddy received one of the highest awards for fashion designers in the USA. The Council of Fashion Designers of America presented Puffy with an award for all that he has achieved so far. At the same time, this also signals that Diddy was perceived as a true fashion designer and not just as a rapper who also ran a fashion label. But as a fashion designer, Puffy had previously come under criticism because his collection was largely made under horrendous working conditions in Honduras. However, Diddy was soon able to silence this criticism by striving for better working conditions.
Achievements by P Diddy
1999 was another year that will go down in history forever. At the time, Sean Combs was involved in a shooting with his former girlfriend, Jennifer Lopez, at a New York club. However, despite his illegal possession of a gun, Diddy was acquitted in the ensuing criminal trial. In the same year his second album, “Forever,” was released, on which the rapper had worked with R. Kelly, among others.
Sean Combs, who has changed his stage name several times over the years, released his rumored last album, Press Play, in 2006. As early as 2010 it was clear that “Press Play” would not have been Diddy’s last album after all , because the album “Last Train to Paris” was released.
In 2008 he received a special honor. Because Diddy was the very first male rapper ever to receive a star on the famous Hollywood Walk of Fame.
Of course, the rapper and fashion designer did not just leave it at that, but also took part in numerous very successful TV and film productions over the course of his career:
- Made & Monster’s Ball (2001)
- Carlito’s Way (2005)
- A Raisin in the Sun (2008)
- Men’s Trip (2010)
- Muppet’s Most Wanted and Draft Day (2014)