Diddy Has Made Millions as a Rapper and Businessman, but His Fortune Is Steadily Declining

Rapper and businessman Sean "Diddy" Combs rose to fame in the '90s. He was born and raised in New York City and played football for Mount Saint Michael Academy ahead of his graduation. Thereafter, he went to Howard University. Although he didn't stay long, he would eventually receive an honorary degree after making a name for himself in music.

Diddy actually started his career on the professional side, with his creative pursuits being recognized later. In 1990, he interned at Uptown Record, helping to elevate artists and promote them into promising careers. However, the star was fired and launched his own record label. By the end of the '90s, he was releasing his own music and charting quickly. So, how much has he made from it all?

As Diddy gained fame, he also began to rake in quite a bit of money. However, his net worth isn't only tied to his personal musical success. Since Diddy had a hand in propelling a variety of careers, he has been able to make money off the music management side of his career, too.

Also, Diddy worked in production and filmography and started a successful fashion line (Sean John), which added to his wide array of incomes.

Per Celebrity Net Worth, Diddy is now estimated to be worth $600 million, down from the $800 million he was valued at earlier in 2024.

Diddy has seven children, but not all with the same woman. His first child, Quincy Taylor Brown (born June 1991), is Kim Porter's child from a previous relationship. When Kim entered into a relationship with Diddy, he adopted Quincy. Thereafter, they had more children together before Kim's untimely death.

"I'm my mom's son, so therefore there's so much life for me to expand on off of her life. And that journey hasn't even started yet, which is the best part about it. What my mom's legacy is representative of is beyond words. That's gonna really come to life soon," Quincy told People.

Christian Combs (aka King Combs, born April 1998) was Diddy and Kim's first biological child together. He came along not too long after Diddy and Kim entered their relationship. D'Lila and Jessie Combs (born December 2006) were the result of Kim's next pregnancy, giving the pair twin girls.

Diddy has a son, Justin Combs (born December 1993), with fashion designer Misa Hylton. He has a daughter, Chance Combs (born July 2006), with Sarah Chapman. Chance's birth resulted in tension between Kim and Diddy, who were in an on-again-off-again relationship.

Love (born December 2022) is Diddy's youngest daughter who he had with cybersecurity professional and model Dana Tran. "I'm so blessed to welcome my baby girl Love Sean Combs to the world," he wrote on Twitter/X. "Mama Combs, Quincy, Justin, Christian, Chance, D'Lila, Jessie and myself all love you so much! God is the Greatest!"

With a list of lawsuits dating back to 1991, Diddy found himself in hot water again in November 2023 when Cassie Ventura, an artist who previously worked with Diddy, accused the rapper of rape and physical abuse. She filed court documents that included allegations of aggression, threats, and more. Cassie and Diddy had been in a long-term relationship in addition to working together.

Though the pair swiftly reached a settlement, further accusations of sexual abuse followed from three other women as well as record producer Rodney "Lil Rod" Jones.

And in March 2024, two of Diddy's homes in Los Angeles and Miami were raided by the FBI, reportedly in connection with sex trafficking allegations. Two of Diddy's sons — Justin and Christian (aka King) — were apparently home when the raid took place and were detained but released without charges.

Then, on Sept. 9, 2024, a judge issued a $100 million judgment in favor of Derrick Lee Cardello-Smith, who sued Diddy, alleging he drugged and sexually assaulted him at a Detroit party in 1997, per TMZ. The media outlet reported that Diddy missed the court appearance, leading to the ruling. Diddy's lawyer claimed that Diddy does not know the plaintiff and is expected to seek dismissal of the judgment. It’s unclear if the $100 million judgment has been factored into Diddy’s net worth.