Sean ‘Diddy' Combs' deflating net worth—from billionaire to jail inmate [Yahoo! Finance]
Diageo plc (DEO)
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Source: Yahoo! Finance
He hosted the Billboard Music Awards, launched a new record label, and attained billionaire status. Since then, however, federal racketeering and sex trafficking charges and a cascade of civil lawsuits have scuttled some of his most lucrative business relationships and vastly deflated the wealth of a man who once called himself Puff Daddy. ( Fortune reached out to more than 100 of Combs' former employees. Read here what those who spoke with us say about his leadership style.) The mogul is now in a Brooklyn jail awaiting a trial scheduled for May 2025, but he's nowhere near broke. Thanks to a vast portfolio that includes considerable amounts of cash, investments, and intellectual property, Diddy's net worth hovers around $300 million—for now. His team did not respond to a request for comment. Legal bills and settlements are set to further diminish his fortune, and could one day push him into bankruptcy. Here's a category-by-category snapshot of how deeply Diddy's finances have bee
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