P. Diddy's net worth in 2024: How rich is the famous rapper?

P. Diddy's net worth in 2024: How rich is the famous rapper?

P. Diddy is an American rapper, record producer and entrepreneur best known for the hit song I’ll Be Missing You. But beyond music, the star is an accomplished businessman whose investment projects have significantly contributed to his wealth. Discover P. Diddy's net worth, which ranks him among the world’s wealthiest hip-hop artists.

P. Diddy's net worth
Diddy during the 2022 BET Awards (L). The rapper at the Billboard Music Awards in 2022 (R). Photo: Rodin Eckenroth, Mindy Small (modified by author)
Source: Getty Images


Despite growing up in a humble and violent environment that directly impacted his family, Diddy rose above the circumstances. In 1993, he founded his record label, Bad Boy Records, and four years later, he won a Guinness World Record for Most Successful Rap Producer. Below is a breakdown of how the rapper accumulated his net worth by 2024.

P. Diddy's profile summary

Full name Sean John Combs
Other namesP. Diddy, Puff Daddy, Puffy, Puff, Love
Date of birth4 November 1969
Age54 years old (2024)
Zodiac signScorpio
Birthplace New York City, USA
Height6’ (183 cm)
Weight 86 kg (190 lbs)
Hair colourBlack
Eye colourDark brown
Marital statusDivorced
Ex-spouseKimberly Porter
ParentsJanice and Melvin Earl Combs
ProfessionRapper, songwriter, record producer and entrepreneur
Years active1990-present
Net worth$800 million
Social mediaInstagramX (Twitter)FacebookTikTok

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What is P. Diddy's net worth in 2024?

According to Sportskeeda and Marca, Sean Combs’ net worth is estimated at $800 million. He has amassed this wealth from his successful 34-year-old musical career.

P. Diddy's facts
Rapper Diddy during a ceremony at Howard University in 2023. Photo: Shareif Ziyadat
Source: Original

In addition, Love’s strategic entrepreneurial endeavours, lucrative endorsement deals and savvy real estate investments have contributed significantly to his financial success.

How did Diddy get so rich?

The New York City native has diversified his income sources. Here is a glimpse of some of the revenue-generating channels that add to Puff’s wealth:

Music career

Puff Daddy made his career debut in 1990, working as a talent director at Uptown Records. He launched his label, Bad Boy Record, in 1993 and has worked with big names such as Usher.

The successes of albums produced by Combs’ record label put him on the road to richness, and he has sustained his financial status for over three decades.

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As a music artist, Love mainly earns through album sales, streaming royalties and concert tours. In 1996, Diddy released his debut single Can’t Nobody Hold Me Down. Some of his popular hits with their YouTube views as of 12 June 2024:

  • I’ll Be Missing You (1997) 96 million views
  • Bump, Bump, Bump (2002) 182 million views
  • Shake Ya Tailfeather (2003) 46 million views
  • Last Night (2006) 198 million views
Diddy during the 2023 MTV Video Music Awards at Prudential Center
Diddy during the 2023 MTV Video Music Awards at Prudential Center in Newark, New Jersey. Photo: Taylor Hill
Source: Getty Images

Business ventures

Sean developed a keen entrepreneurial spirit at the age of 12. During a 2024 interview with Forbes, Combs shared some entrepreneurial advice for young people, saying:

It is essential to know that things may get tough, but the most successful people work hard and never give up on their dreams.

In 1998, the rapper started the clothing line Sean John. The line’s products include clothing, footwear, and fragrances. According to WWD, the brand made retail sales of $450 million in 2016.

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Diddy holds a majority stake in Aquahydrate, a calorie-free beverage for athletes. Additionally, he has a major equity stake in a TV network, Revolt TV. In 2019, the hip-hop star invested in PlayVS, which provides infrastructure for competitive high school gaming.

Endorsement deals

In 2007, Combs inked a deal with Ciroc Vodka to develop the brand for a 50% profit share. However, the deal was terminated in 2023 after Diageo acquired the company.

How much money does P. Diddy make in a year?

With a career spanning over three decades, Diddy’s net worth has remarkably increased. Here are his yearly earnings per Celebrity Net Worth:

2015$60 million
2016$62 million
2017$130 million
2018$64 million
2019$103 million
2020$55 million
2021 $75 million
2022$90 million

What does Diddy own?

Puff has several assets to his name. Below are some of the properties he has acquired over time:

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P. Diddy's house

The Last Night hitmaker reportedly owns 15 real estate properties across different locations. As documented by the Realtor, he paid $2.45 million for an East Hampton mansion in 1998.

Record producer Diddy during the Hollywood Walk of Fame Star Ceremony for DJ Khaled in 2022
Record producer Diddy during the Hollywood Walk of Fame Star Ceremony for DJ Khaled in 2022. Photo: Kevin Winter
Source: Getty Images

Puff sometimes rented the house for an impressive $200,000 monthly. However, he sold the property for $4.7 million in 2020. In 2003, the rapper purchased a New York City apartment for $3.82 million.

He sold the home for $5.7 million in 2017. In 2004, Love bought a 3.5-acre house for $4 million but sold it for $5.5 million in 2016. He paid $39 million for a 17,000-square-foot Los Angeles mansion in 2014.

Diddy also paid $5.25 million for a home for his ex-wife, Kim Porter, in 2009. After her death, he sold the Toluca Lake property for $6.5 million in 2022. In August 2021, Puffy bought a mansion on Star Island in Miami for $35 million.

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What car does P. Diddy drive?

The music mogul maintains a world of luxury around him, including his wheels. Below is P. Diddy's car collection per Atlanta Black Star:

CarEstimated price
Rolls Royce Phantom$500,000
Mercedes Maybach 57$420,000
Rolls Royce Drophead Coupe$250,000
Lamborghini Gallardo Spyder$225,000
Ferrari F430 Spider$217,000

P. Diddy's private jet

According to Fox Business, the music icon owns a Gulfstream G550 jet designed by General Dynamics, which he uses for travel.

Diddy during the 2022 Billboard Music Awards at the MGM Grand Garden Arena
Diddy during the 2022 Billboard Music Awards at the MGM Grand Garden Arena. Photo: Rich Polk
Source: Getty Images

Is P. Diddy a billionaire in 2024?

In 2022, Forbes listed Puffy as the second richest hip-hop star after Jay-Z for his $1 billion net worth. However, he lost his billionaire status due to his association with several legal scandals.

P. Diddy’s net worth mirrors his enduring impact in the entertainment industry. He soared to stardom with chart-topping albums and successful entrepreneurial ventures, ultimately accumulating a massive fortune.

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Briefly.co.za shared lesser-known facts about Zach Bryan's net worth. The upcoming country music singer previously served in the US Navy before he was discharged to pursue music.

Zach was named the New Male Artist of the Year by the Academy of Country Music. His major-label debut album, American Heartbreak, earned him his first No. 1 on the Billboard 200. Find out how much Zach Bryan is worth.

Source: Briefly News

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Ruth Gitonga (Lifestyle writer) Ruth Gitonga has a background experience in Mass Communication for over six years. She graduated from the University of Nairobi with a degree in Mass Communication in December 2014. In 2023, Ruth finished the AFP course on Digital Investigation Techniques. She has worked for Briefly.co.za for five years now. She specializes in topics like lifestyle, entertainment, travel, technology, and sports. Email: gitongaruth14@gmail.com.