Have you ever wondered what P Diddy Net Worth is? As one of the most influential artists of today’s music, he has definitely built a legacy for himself.
P Diddy currently stands as one of the wealthiest rappers alive. As of September 2022, P Diddy’s net worth of $885 million. In this post, we’ll show you how P Diddy achieved his success and what you can learn from his story.
Early Life
Sean John Combs, better known by P Diddy, was born on November 4, 1969, in Manhattan, New York City. Within Manhattan, P Diddy was born and raised in the Harlem neighborhood. His mother, Janice Combs, was a model and a teacher’s assistant.
His father, Melvin Combs, served in the U.S Air Force for several years. More notably, he was also an associate of the infamous drug dealer, Frank Lucas.
Unfortunately, P Diddy’s father passed away when he was only two years old. This brought about a range of unique challenges for both P Diddy and his mother. For starters, he never felt as though he had a solid male role model.
This led to him constantly getting into trouble, both in and out of school. Fortunately for the soon-to-be star, he also had an interest in football and was naturally good at it.
P Diddy would go on to use his skills and interest in football to distract him from trouble. He joined his high school’s varsity team and actually ended up winning a division title in 1983. Following his time at high school, P Diddy attended Howard University.
At the prestigious HBCU, Diddy studied business law. Because of his interest in music and media, he dropped out to pursue his true passions.
Career
The year was 1990 when P Diddy first began making noise in New York City. He worked as an intern at Uptown Records. He later received a job offer at Uptown as a full-time talent director.
During his time at Uptown, P Diddy quickly gained the trust of many of his colleagues and became very comfortable. Unsurprisingly, this backfired as it was seen in a sour light by higher executives and he was let go.
In response to being fired, P Diddy set out to create his own private musical label. Additionally, this new label would be a joint venture with Arista Records. The label would take on the name “Bad Boy Entertainment.”
The label is most famously known for first introducing legendary hip-hop artist, The Notorious B.I.G. The Notorious B.I.G quickly increased in popularity in New York City and nationally.
Most notably, his project “Born Ready To Die,” broke several music records on its release. This propelled both P. Diddy’s net worth and the success of his new music label.
His in-house production team would also work with a ton of huge names, including Usher and Akon. All the while, a famous rivalry began to brew with the west coast label, “Death Row Records,” founded by Suge Knight and Dr. Dre.
Business Ventures
In addition to his major success in the music industry, P Diddy has tried his hand at several business ventures throughout the years. As a matter of fact, he was listed as a top 40 entrepreneur by Fortune magazine in 2002!
His first venture began in 1998 when he established his clothing line, Sean John. The brand took off fast, growing to be a top-known fashion brand by the early 2000s. The company has recently expanded into men’s cologne and a series of other accessories.
Additionally, P Diddy is the head of Combs Enterprises, an umbrella company of his business ventures. This portfolio of businesses includes two restaurants, his clothing line, and much more.
P Diddy Net Worth 2022
As of September 2022, P Diddy has a net worth of $885 million. A majority of his earnings have come from his equity ownerships in several investments and ownership of a complete business portfolio of companies.
In addition to this, P Diddy made a killing during his time with Bad Boy Entertainment.
Today, P Diddy continues to hold his equity ownerships, which continue to appreciate annually. In addition to this, he’s an active philanthropist and donator to troubled neighborhoods in New York City.
Key Takeaways
Your Beginning Is Not Your Ending
Growing up in a rough part of Harlem, it may have been very easy for P Diddy to get caught up with the negatives. Instead, he put his head down and hustled. Know that your beginning is not your end. Keep pushing!
It Pays To Invest
P Diddy stands as the epitome of this lesson, as most of his net worth came from outside of music. Investments and time go hand in hand. Use these to your advantage!
Hustle Beats Talent
While P Diddy never broke the most records on his own tracks, he never stopped grinding and always put in work. Because of this, he came out on top, despite the odds. Always remember that hustle beats talent.
