Sean Combs Net Worth
Sean Combs’s Assets & Investments
Sean Combs owns over 15 real estate properties, 10 Cars, 4 Luxury Yachts, and 1 Private Jet. The combined worth of all these assets is over $100 Million dollars. Sean Combs’s Assets Portfolio also includes Cash at Bank and Deposits, which are worth over $100 Million. Sean Combs owns a large portfolio of 18 stocks, and he has invested a total of $120 Million in this. A few of the stocks owned by Sean Combs are listed below.
Coca-Cola Exxon Microsoft Uber HP Verizon
Sean Combs Liabilities and Loans
In order to compute the correct net worth of Sean Combs, we need to deduct his liabilities from his Assets. In order to build his business empire, Sean Combs has taken over $30 Million in loans and mortgages from leading banks in the US.
Sean Combs’s Cash Balance
Sean Combs has primary accounts with Citibank and Bank of America. All the income of Sean Combs from music royalties and businesses is deposited into this account. At the end of the current financial year, Sean Combs has over $75 million in cash reserves. Some of this cash is in foreign exchange, received through music sales outside the United States.
Sean Combs’s Music Royalties
Sean Combs’s Luxury Yachts and Private Jet
Sean Combs has last year gifted himself a brand new private jet plane, that cost him over $40 Million. Sean Combs has spent an additional $3 Million dollars in redesigning the interiors of this plane according to his taste and liking. Sean Combs also owns Four luxury yachts and a number of expensive cars. A couple of Yachts owned by Sean Combs come with a plunge pool and home theater.
Sean Combs Net Worth Growth Rate
Sean Diddy Bio
Sean John Combs was born in the Harlem neighborhood of Manhattan, New York City on November 4, 1969.Combs graduated from Mount Saint Michael Academy in 1987.Sean Diddy was a business major at Howard University but left after his sophomore year. In 1993, after being fired from Uptown, Sean Diddy established his new label Bad Boy Entertainment as a joint venture with Arista Records, taking then-newcomer Christopher Wallace, better known as The Notorious B.I.G., with him.During 1994–1995, Sean Diddy produced several songs for TLC’s CrazySexyCool, which finished the decade as number 25 on Billboard’s list of top pop albums of the decade.
Puff Daddy
In 1997, under the name Puff Daddy, Sean Diddy recorded his first commercial vocal work as a rapper. In April 1999, Sean Diddy was charged with assault as a result of an incident with Steve Stoute of Interscope Records. Sean Diddy changed his stage name from “Puff Daddy” to “P. Diddy” in 2001.In June 2001, Sean Diddy ended Bad Boy Entertainment’s joint venture with Arista Records, gaining full control of Bad Boy, its catalogue, and its roster of artists. On August 16, 2005, Sean Diddy announced on Today that he was altering his stage name yet again; he would be calling himself “Diddy”. Sean Diddy released his first album in four years, Press Play, on October 17, 2006, on the Bad Boy Records label. Fortune magazine listed Combs at number twelve on their top 40 of entrepreneurs under 40 in 2002.