Additional Coverage:
Sean “Diddy” Combs’s financial empire has taken a hit in recent years.
Despite his successful entertainment career, Combs now faces racketeering and sex-trafficking charges, which have damaged his business relationships. His net worth has plummeted to around $300 million.
His fortune has been depleted by legal bills, settlements, and the loss of lucrative partnerships. A significant chunk of his wealth came from a deal with Diageo for Cîroc vodka, but he sold his stake for $200 million.
Combs also owns valuable real estate, including a $48.5 million Miami Beach mansion and a $61.5 million Los Angeles estate. He possesses a private jet worth $20 million and a $21 million painting.
His private investments have been less successful, with his stake in Spotify and Empower Global being sold off. His music catalog remains valuable, but he has returned publishing rights to some artists.
Combs has spent heavily on legal fees and settlement payments, including an $18 million mortgage repayment to free up his South Florida home as collateral for bail. His bail requests have been denied, and he remains in jail awaiting trial.