Sean Combs Net Worth 2023: Biography, Age, Height, Wiki
Sean Combs’s Net Worth is estimated to be over $930 Million US Dollars, according to Forbes. Sean John Combs lso known by his stage name Puff Daddy (previously known as P. Diddy, Diddy, or Puffy), is an American rapper, songwriter, record executive, record producer, actor, and entrepreneur. Sean Combs’ debut album, No Way Out (1997), has been certified seven times platinum. Sean Combs has won three Grammy Awards and two MTV Video Music Awards and is the producer of MTV’s Making the Band.
Sean Combs Net Worth
|Net Worth||$930 Million|
|Spotify Income||$25 Million|
|Music Royalties||$80 Million|
|Business Income||$10 Million|
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.
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 businessempire, Sean Combs has taken over $30 Million in loans and mortgages from leading banks in the US.
|Personal Loan from Bank of America||$11 Million|
|Overdraft from Citibank||$15 Million|
|HSBC Mortgage||$4 Million|
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
According to Forbes, Sean Combs is one of the highest-earning music artists of all time, with an annual income exceeding $100 Million. This income comes from multiple music platforms like Spotify, Apple Music, Amazon Music, YouTube, etc.
- Spotify – $25 Million
- Apple Music – $18 Million
- Amazon – $10 Million
- YouTube – $8 Million
- Other Companies – $39 Million
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 comes with a plunge pool and home theater.
Sean Combs Net Worth Growth Rate
|Net Worth in 1998||$45 Million|
|Net Worth in 2004||$215 Million|
|Net Worth in 2012||$510 Million|
|Net Worth in 2016||$690 Million|
|Present Day Net Worth||$930 Million|
Frequently Asked Questions
Sean Combs’s Net Worth is $930 Million US Dollars as of now.
Sean Combs not married yet.
Jay Z is richer than Sean Diddy.
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.
In 1997, under the name Puff Daddy, SeanDiddy 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.
Read Also |