Mo’ Money, Mo’ Problems: Sean "Diddy" Combs' Net Worth Takes a Huge Hit

The Breakdown: Sean “Diddy” Combs built a music and business empire that included Bad Boy Records, a multi-platinum music career, Sean John fashion, and major deals with Cîroc and Revolt TV. However, his net worth has dropped since 2019.

Prior to his fall from grace, Sean “Diddy” Combs had a booming career and net worth. After attending Howard University, where he later received an honorary doctorate, he launched into the music industry by interning at Uptown Records. But Combs didn’t stay in anyone’s shadow for long. By 1993, he started his own label, Bad Boy Records, and hip-hop was never the same again.

Bad Boy exploded onto the scene with The Notorious B.I.G. Combs positioned himself as the ultimate tastemaker. He wasn’t just behind the scenes — he was the scene. His debut album No Way Out dropped in 1997, featuring “Can’t Nobody Hold Me Down” and the GRAMMY-winning tribute “I’ll Be Missing You."

Since then, Diddy has risen to the top of the music industry, with a solid net worth. However, legal challenges, and a lawsuit filed by his ex-girlfriend, Cassie, have impacted his empire.

At the peak of his career, Diddy stacked a net worth that outshined most artists. In 2019, Forbes estimated his fortune at $740 million, putting him well on the road to billionaire status.

During the late 90s and early 2000s, he mastered the art of branding. He launched Sean John, a fashion label that fused streetwear with luxury and earned a CFDA award in 2004. Diddy also jumped into acting, earning praise for his role in Broadway’s A Raisin in the Sun, and produced MTV’s Making the Band, which introduced the world to Da Band, Danity Kane, and Day26.

In 2007, Diddy teamed up with Cîroc vodka and became the brand’s face. Sales went crazy, and his stake in the brand helped him clock in as one of hip-hop’s richest players. Forbes started naming him hip-hop’s wealthiest year after year. Diddy also launched Revolt TV in 2013, a media network aimed at young Black audiences, giving him another platform to shape the culture.

Forbes now estimates that Diddy’s net worth sits at around $400 million.

The hip-hop legend and business tycoon didn’t just build an empire for himself, he built one for his kids. Diddy is the proud father of seven children, whom he shares with several women. Justin Dior Combs, born in 1993, is Diddy’s firstborn with Misa Hylton, a legendary stylist in her own right. Christian “King” Combs, born in 1998, is Diddy’s son with the late Kim Porter. Christian’s been in the studio since he was a teen and now raps under the name King Combs.

Chance Combs, born in 2006 to Sarah Chapman, keeps a low profile but continues to blossom with grace and style. Diddy welcomed twin daughters, D’Lila and Jessie, that same year with the late Kim Porter — both already turning heads in fashion. In December 2022, he shocked fans when he introduced his newest baby girl, Love Sean Combs, born to Dana Tran.