How P Diddy Spent $740 Million

the only thing p diddy has more of than nicknames is gold chains and diamond encrusted watches the rapper and entrepreneur loves spending his cash on the flashiest things money can buy from a lamborghini gallardo spider to his very own super yacht he's always decked out in expensive jewelry but he has enough cash laying around that he's willing to just toss some of his most expensive luxurious pieces into hyped-up crowds of fans so how does sean combs spend his millions and is he really on his way to being part of the billionaires club let's find out between 2016 and 2017 p diddy became the number one highest paid celebrity on the forbes list earning 130 million dollars in one year the rapper slash producer slash entrepreneur has done pretty much everything he can to climb his way up the ladder to the billionaires club and he's getting pretty close as of 2021 his net worth is about 740 million dollars so what is it like to live like sean diddy combs well the best place to find out is by looking at his gorgeous mansions and will start in la the 40 million dollar european style villa in beverly hills is ditty's main home it covers 17 000 square feet and comes with a 3 000 square foot guest house the mansion sits on one acre of land and the yard is tricked out with a gorgeous swimming pool and adjacent grotto which are connected by an underwater swimming tunnel the mansion also has its own movie theater that seats 35 plus necessities like a wine room beauty salon massage room and a sauna he bought his dream home back in 2014 and interior pictures are scarce since he snatched it up in a rumor all-cash deal before it had a chance to hit the market but diddy also has another home that's even more interesting but not for its opulence in 2003 diddy bought a seven-bedroom property in the suburb of dunwoody atlanta it's a european style mansion just like his beverly hills home and it features five garages 11 bathrooms and an outdoor pool with a pool house it costs 2.6 million dollars and comes with seven acres of land but what's so interesting about this home is that diddy had plans to turn it into a mega mansion but when the plans fell through he didn't sell it off instead he completely abandoned the property and this multi-million dollar home has apparently been sitting vacant and uncared for for the past few years imagine the disposable income you have to just be able to abandon a nearly 3 million mansion p diddy also owned a pretty impressive apartment in the park imperial area of new york city he bought the property for 3.8 million in 2005 and has it completely customized to suit his taste there are three bedrooms a media room heated floors and high ceilings and it's all spread out over 2 300 square feet of living space he had some trouble unloading the property once he decided to sell though originally listing it for 8.5 million dollars before finally getting 5.7 million for it five years later another thing puff daddy loves to spend his money on is his car collection it's valued at well over a million dollars one of the collections highlights is a red and white 1958 chevrolet corvette worth 110 thousand dollars that the rapper keeps in pristine condition another favorite is his phantom drophead coupe it's the most expensive version of the rolls-royce line selling for about 443 thousand dollars diddy also has a ferrari 360 spider worth 120 000 as well as a lamborghini gallardo spider valued at three hundred thousand dollars this impressive car boasts a 5.2 liter v10 engine with six-speed transmission and diddy has been spotted driving it all over la but while he may keep some of his cars an absolutely pristine conditions others haven't been so lucky sean combs also owns a gorgeous maybach 57 but the 360 thousand dollar car wound up in an accident when it was hit by a rolls-royce phantom outside of a nightclub his 100 000 cadillac escalade suv was also wrecked in an accident though this time it was apparently his chauffeur's fault the chauffeur did it but it's totally fine because diddy's mom replaced the car by buying him a brand new escalade soon after as a birthday gift thanks mommy diddy also has a slightly cheaper car that he doesn't mind roughing up a bit a jeep wrangler unlimited with customization valued at about fifty thousand dollars but puff daddy's also known to give some epic cars away to his closest friends and family while he still owns a silver version of the 300 000 spider he gave his white gallardo spider to pop star justin bieber for his 16th birthday back in 2010. he also gave one of his sons a 360 000 mercedes-benz maybach 57 for his 16th birthday plus 10 000 dollars in cash it seems like if you reach driving age while being close to p diddy you'll be getting a brand new luxury vehicle to test out your skills however there are only so many things you can do with cars when a land vehicle won't get the star where he needs to go he swaps his seat behind the wheel of a glorious lambo for some lounging on the deck of an expensive super yacht diddy owns his very own opulent floating palace and he calls it oasis the 72 million dollar super yacht is 59.4 meters 194.88 feet long that's more than half the length of a football field he reportedly bought the vessel from eric smith the executive chairman of google and he used it for things like birthday parties impromptu vacations and romantic date nights but owning his own yacht doesn't stop diddy from changing it up every once in a while and occasionally charting another super yacht when he travels around the world he rented this 46 million dollar yacht named double down for 560 thousand dollars a week when he was vacationing with his family off the coast of italy as for air travel diddy made headlines in 2008 when he talked about how he decided to get rid of his private jet because flying it cost way too much money he used to own part of a jet under the name sorak obama but said that flying just twice a month could cost two hundred thousand dollars or two hundred fifty thousand dollars per round trip instead he decided it would be best to go quote back on american airlines but by 2021 he was like okay i'm back on this thing he decided to try the private jet life again and now owns a 60 million dollar g550 jet he fittingly calls air combs it's almost unheard of to spot p diddy in public without a few of his signature chains on the rapper is a big fan of jewelry some of his necklaces are covered in diamonds and thought to be worth well over 1 million dollars each but the star isn't stingy with his bling he owned a 500 000 diamond encrusted gold chain that he decided to throw into a crowd of fans at a concert in 2016. that's a whole lot better than catching a singer's used water bottle or damp towel diddy also has an impressive watch collection one star piece is his 41 millimeter rolex day date 2 president in 18 karat yellow gold this stunning watch has a concentric black dial and arabic markers and it's worth 38 thousand dollars diddy also showed off an rm 1103 mclaren while courtside at a basketball game the watch can be sold for about 120 000 but diddy added almost a million dollars worth of diamonds to his speaking of courtside seats diddy loves the nba and has spent as much as fifty thousand dollars for a courtside seat at a finals game while non-finals tickets can start at about four thousand dollars another hobby he seems to love is art collecting he was the buyer of chicago artist carrie james marshall's painting past times the work sold at sotheby's for 21 million dollars in 2018 and was a world auction record for the artist it's also thought to be the highest price ever paid for a single piece of artwork by a living african-american painter sean diddy combs is also known for his epic parties that attract tons of celebrity guests so we wouldn't be doing a very good job showing off his lifestyle if we didn't mention some of the best ones when puff daddy turned 40 in 2009 he threw a lavish bash for himself at the plaza hotel in new york city the party had 500 guests like jay-z kim kardashian and denzel washington and featured luxury fashion shows waitresses dressed like ballerinas a performance by al green and apparently an epic maze to keep guests entertained the black and white themed party cost the rapper about 3 million dollars but diddy did even better for his 50th guests included jay-z kanye west pharrell and snoop dogg and vanity fair was there to take celeb portraits the night of dancing and drinking is estimated to have cost puff at least 3.5 million dollars and he's made a pretty awesome video to commemorate the unforgettable event so how did p did he become so rich that spending millions on birthday parties is pretty much a given at this point while for one he's incredibly ambitious with his many talents and two he's had his hands in almost every lucrative market he can think of sean combs worked as a talent director at uptown records before founding his own record label bad boy entertainment in 1993. the label signed acts like mariah carey and notorious b.i.g his debut album no way out came out a few years later in 1997 and has now been certified seven times platinum the bad boy labels shows are managed by bad boy touring which has made the rapper and his artists a huge amount of money the company's biggest event so far was the bad boy family reunion tour in 2016. it featured performances by diddy lil kim kanye west jay-z gucci mane and many more and ended up earning diddy a whopping 17.5 million dollars the multi-talented entrepreneur also has various businesses including his own cable network revolt and a clothing line called sean john both of these companies have seen some dips in profit in recent years but his sorak brand is still going strong the company sells about 2 million cases of vodka every year and is thought to be worth about 40 million dollars and diddy gets 50 of all profits another brand part owned by diddy is de leon a luxury tequila brand ranging from the relatively affordable de leon diamante at 150 per bottle to the ultra luxe de leon leona at 850 dollars per bottle diddy's always said that he's a businessman at heart so seeing success from his various brands must be incredibly fulfilling for the rapper his next aim is to finally become a billionaire and considering that he went all the way from harlem to hollywood it's likely sean combs will eventually accomplish his next goal while all of his businesses survive probably not he did have two restaurants one in new york city and one in atlanta that he had to shut down but now that he's finding a new path with these drink brands it's entirely possible that p diddy's incredible net worth and luxury lifestyle will only get better from here diddy's current net worth is impressive but it actually dropped from 820 million between 2017 and 2020 before seeming to stabilize do you think he'll catch back up and eventually reach the billionaires club let us know your thoughts down below don't forget to hit that like button and subscribe to our channel for more thanks for watching we'll see you next time

Channel: TheRichest

Views: 136,880

Rating: 4.8531213 out of 5

Keywords: the richest, therichest, p diddy, p diddy mansions, p diddy car collection, sean combs, puff daddy, diddy luxury lifestyle, diddy private jet, air combs, diddy yacht, diddy birthday parties, diddy lamborghini, p diddy net worth

Id: Lg9D5Dx85Qo

Length: 10min 23sec (623 seconds)

Published: Fri Feb 19 2021