Sean John Combs was born on 4 November 1969, in Harlem, New York City USA, and is a singer, rapper, actor, record producer, television and film producer, as well as a fashion designer known variously as Diddy, P. Diddy, Puff Daddy, and Puffy; he is probably most noted for his rapper-singing career.
Just how rich is P. Diddy? Currently, Puff Daddy’s net worth is estimated to be an impressive $700 million, which makes him the richest person in the hip-hop entertainment industry. P. Diddy has accumulated most of his wealth from his career as a rapper/singer in the music industry.
Sean “P. Diddy” Combs Net Worth $700 Million
P. Diddy had a rather precarious upbringing, as his father associated with drug dealers and was killed when P. Diddy was still young. However, P, Diddy was no fool, and even attended Howard University in Washington studying business, and later earned an internship at New York’s Uptown Records. He dropped-out of university in order to devote himself to music, and as a top executive at Uptown Records, Puff Daddy discovered and managed such artists as Jodeci and Mary J. Blige. When he was fired from Uptown Records in 1993, P. Diddy created his own record company called Bad Boys Records, which significantly increased Diddy’s net worth. Bad Boys Records engaged a number of famous artists, including The Notorious B.I.G, Carl Thomas, Faith Evans, and Craig Mack. With P. Diddy’s help, Bad Boys Records became a highly influential and remarkable enterprise worth $300 million.
At the same time, Sean Combs produced several notable songs for the R&B and hip-hop female group’s TLC album “CrazySexyCool”, which became an instant success in the United States. In addition to his successful and profitable producing career, Sean Combs under a name of Puff Daddy began his rapping career and released several solo albums such as “Forever”, “The Saga Continues”, “We Reinvented the Remix” and “Press Play”. Diddy’s first album “No Way Out” released in 1997 earned him 5 Grammy nominations and an award for the Best Rap Album in 1998. During his versatile career as a producer, singer, actor and a businessman, Sean Combs has worked with a range of famous people such as Usher, Mariah Carey, Jay-Z, and Rick Ross among others.
A financially successful producer, rapper and singer, Puff Daddy also increased his net worth by appearing in a variety of movies and TV shows, including Monster’s Ball, Draft Day, Hawaii Five O, and CSI: Miami.
However, Puff Daddy is successful off-screen as well, since another source for his net worth and salary comes from his career as a businessman. In 1998 Sean Combs created his own clothing line named “Sean John”, and later opened a restaurant chain in New York and Atlanta. P. Diddy currently owns a Blue Film advertising company, an MTV reality show “Making the Brand”, and in 2008 acquired an “Enyce” clothing and fashion line from Liz Clairborne for $20 million.
In his personal life, P. Diddy has had a checkered career, being is the father of six children. He has a son with his high-school sweetheart, designer Misa Hylton-Brim. He had an on-off relationship with Kimberly Porter, lasting from 1994 to 2007, during which he adopted Porter’s son from a previous relationship, and they had a son and twin daughters. Five months before the birth of his twins, a daughter was born to Sarah Chapman, for whom he took legal responsibility.
A multi-talented and worldwide recognized hip-hop star and a businessman, P. Diddy also actively participates in various charity events, and in 1995, founded an organization devoted to helping inner city youth named “Daddy’s House Social Programs”. In 2003, Combs ran the New York City Marathon, and despite his health issues, managed to raise $4 million for New York Public Schools.
