Sean “Diddy” Combs Net Worth 2026: From $1 Billion Peak to $400 Million

Sean “Diddy” Combs’s net worth is about $400 million, according to Forbes, which cut its estimate to that level in June 2024. Forbes called the figure conservative. It had valued him at about $1 billion in 2022, when he joined Jay-Z on its list of hip-hop billionaires, and he has not been counted as a billionaire since.

Sean "Diddy" Combs: quick facts

Net worth

$400 Million

Source of wealth

Bad Boy Records, Cîroc/Diageo, Sean John

Profession

Record executive, rapper and entrepreneur

Nationality

American

Place of birth

Harlem, New York, United States

Date of birth

November 4, 1969 (age 57)

Forbes has not published a new figure since mid-2024. A widely reported 2026 estimate also puts him at about $400 million. Since then, Combs has been convicted, sentenced and sent to federal prison, and he still faces dozens of civil lawsuits. Any number should be read as a rough estimate.

Combs built his fortune in three stages. First came Bad Boy Records, the label he founded in 1993. Then came the Sean John clothing line. Finally, and most profitably, came his spirits partnership with Diageo on Cîroc vodka and DeLeón tequila. Most of those business ties ended between 2023 and 2024.

Sean “Diddy” Combs at a glance

• Net worth: about $400 million (Forbes, June 2024)
• Peak net worth: about $1 billion (Forbes, 2022)
• Born: November 4, 1969, in Harlem, New York City
• Profession: record executive, rapper, producer and entrepreneur
• Key companies: Bad Boy Records, Sean John, Combs Global (formerly Combs Enterprises), Revolt (stake sold in 2024)
• Biggest payday: the Diageo partnership, which paid him an average of about $66 million a year from 2007 to 2023, per Forbes, plus about $200 million for his DeLeón stake
• Awards: three Grammy Awards
• Children: seven
• Legal status: serving a 50-month federal sentence imposed in October 2025; appeal pending as of October 2026

His net worth by year is charted at the end of this article.

Where Sean Combs’s money comes from

Source	Details	Estimate
Diageo spirits deals	Profit share on Cîroc (2007–2023); DeLeón equity bought out by Diageo	About $66 million a year on average; about $200 million for DeLeón (Forbes)
Cash and investments	Liquid holdings built up over three decades	About $200 million, excluding Diageo and Revolt deals (Forbes, 2024)
Real estate	Los Angeles and Miami Beach homes	Each valued above $40 million in 2024; about half mortgaged (Forbes)
Bad Boy Records	Label and music catalog	Once valued at up to $125 million by Forbes; likely worth less today
Sean John	Fashion brand, bought back from bankruptcy in 2021	Bought back for about $7.5 million; Macy’s phased it out
Revolt	Media company he founded	Stake sold back in June 2024; terms not disclosed
Art, jet and cars	Basquiat, Haring and Kerry James Marshall works; Gulfstream jet; car collection	Not publicly valued

Forbes estimates over time

Forbes has tracked Combs’s fortune for more than a decade. The figures below are its published net worth estimates, not yearly earnings.

Forbes estimate	Net worth	Context
April 2014	$700 million	Cîroc, Sean John, Revolt launch
May 2015	$735 million	Spirits income keeps growing
May 2017	$820 million	Year he topped Forbes’ Celebrity 100 earnings list
2019	$740 million	Estimate lowered
2022	About $1 billion	Named one of hip-hop’s two billionaires, with Jay-Z
June 2024	$400 million	After Diageo split, Revolt exit and lawsuits

Forbes noted in 2024 that Combs and his team had long claimed billionaire status without providing documentation. Its 2024 article described his business empire as being “in rubble.”

Early life

Sean John Combs was born on November 4, 1969, in Harlem, New York. When he was 2, his father, Melvin Combs, was shot and killed. His mother, Janice, raised him and his sister, and the family later moved to Mount Vernon, New York.

He attended Mount Saint Michael Academy in the Bronx. He then enrolled at Howard University in Washington, D.C., where he studied business and promoted parties. He left Howard without graduating to pursue a job in the music industry.

Uptown Records and the founding of Bad Boy

Combs started as an intern at Uptown Records in New York under label head Andre Harrell. He rose quickly to an A&R executive role and helped shape the early careers of Jodeci and Mary J. Blige.

Uptown fired him in 1993. That same year he launched Bad Boy Records through a distribution deal with Arista. Its first major signing was The Notorious B.I.G., whose debut album, Ready to Die (1994), became a hip-hop classic.

Bad Boy soon had a deep roster that included Craig Mack, Faith Evans, Total, 112 and Mase. The label became one of the most commercially successful in hip-hop during the 1990s.

Recording career as Puff Daddy, P. Diddy and Diddy

After Biggie was killed in March 1997, Combs released his debut album as Puff Daddy, No Way Out (1997). It went multi-platinum and won the Grammy for Best Rap Album.

The single “I’ll Be Missing You”, a tribute to Biggie, spent 11 weeks at No. 1 on the Billboard Hot 100 and won a Grammy. He won a third Grammy for “Shake Ya Tailfeather” with Nelly and Murphy Lee in 2004.

He changed his stage name several times, from Puff Daddy to P. Diddy and later Diddy. His later albums include Press Play (2006), Last Train to Paris (2010) with Diddy-Dirty Money, and The Love Album: Off the Grid (2023).

He also had a run in television. He created and appeared on MTV’s Making the Band series and acted in films such as Monster’s Ball (2001) and Get Him to the Greek (2010).

Sean John and the fashion business

Combs launched Sean John in 1998. The brand won the Council of Fashion Designers of America’s Menswear Designer of the Year award in 2004. At its peak, Forbes reported, the line had more than $400 million in annual sales.

In 2016 he sold a majority stake to Global Brands Group. When that company went bankrupt, Combs bought Sean John back in 2021 for about $7.5 million. Macy’s, its main retailer since 2010, announced in late 2023 that it would phase the brand out.

Cîroc, DeLeón and the Diageo deal

The deal that made Combs truly rich was signed in 2007 with Diageo, the world’s largest spirits company. Instead of a flat endorsement fee, he received a 50/50 share of profits on Cîroc vodka in return for marketing it.

Cîroc grew from a small brand into a major seller. Forbes estimated that Combs earned an average of about $66 million a year from the partnership between 2007 and 2023. In 2014 he and Diageo also jointly bought DeLeón tequila.

The relationship broke down in 2023. Key dates:

• May 2023: Combs sued Diageo, claiming it had neglected DeLeón and treated it as an “urban” brand. Diageo denied the claims.
• June 2023: Diageo said it was ending its business relationship with Combs.
• Early 2024: The two sides settled. A Diageo filing showed Combs received about $200 million for his DeLeón equity, and he dropped the suit, according to Forbes.

Revolt and other media ventures

Combs founded Revolt, a music cable network and digital media company, which launched in 2013. A 2022 third-party valuation reported by Forbes put the company at $405 million, with Combs owning a little over half.

He stepped down as chairman in November 2023, after several civil lawsuits were filed against him. In June 2024 he sold his stake back to the company, which said it would pass ownership to its employees. The sale price was not disclosed.

Combs Global and other investments

His holding company, Combs Global (formerly Combs Enterprises), housed Bad Boy, Sean John, his spirits interests and other ventures. In 2021 he launched Empower Global, an online marketplace for Black-owned businesses.

He was also an early investor in Aquahydrate, an alkaline water brand, alongside actor Mark Wahlberg.

In November 2022 he agreed to buy cannabis businesses in New York, Illinois and Massachusetts from Cresco Labs and Columbia Care for up to $185 million. The deal depended on a merger between those two companies. When that merger was called off in July 2023, Combs’s purchase fell through as well.

Bad Boy catalog and publishing

Forbes once valued the Bad Boy catalog at up to $125 million, but said in 2024 it would likely fetch much less now. In 2023 Combs reportedly gave publishing rights back to several former Bad Boy artists and to the Notorious B.I.G.’s estate, which reduced his royalty income.

Real estate

Forbes estimated in 2024 that each of his three main homes was worth more than $40 million, and that about half of their combined value was tied up in mortgages.

Property	Year	Reported price
Holmby Hills, Los Angeles mansion (bought)	2014	About $39 million
Holmby Hills mansion (listed for sale)	September 2024	Asking $61.5 million
Holmby Hills mansion (taken off market)	December 2025	Unsold; one $30 million offer reportedly rejected
1 Star Island, Miami Beach (bought from Gloria and Emilio Estefan)	2021	Price not confirmed
1 Star Island, Miami Beach (sold)	July 2026	About $55 million
2 Star Island, Miami Beach	Owned since the early 2000s	Still owned as of July 2026, per property records

The Holmby Hills estate covers about 17,000 square feet, with 10 bedrooms and 13 bathrooms on roughly 1.3 acres. Federal agents searched it and his 2 Star Island home in March 2024 as part of the criminal investigation.

The 1 Star Island sale in July 2026 was one of the largest asset sales Combs has made since his arrest. The buyer, a Virginia-based company, financed part of the purchase with an $18.5 million mortgage, according to The Real Deal.

Federal criminal case

Combs was arrested in New York on September 16, 2024, and charged with racketeering conspiracy, sex trafficking and transportation to engage in prostitution. He pleaded not guilty and was denied bail. He was held at the Metropolitan Detention Center in Brooklyn until his trial.

The trial began in May 2025 in Manhattan federal court. On July 2, 2025, the jury reached a split verdict:

• Acquitted of racketeering conspiracy
• Acquitted of two counts of sex trafficking
• Convicted on two counts of transportation to engage in prostitution under the Mann Act

On October 3, 2025, U.S. District Judge Arun Subramanian sentenced him to 50 months in prison (four years and two months) and a $500,000 fine, the maximum fine for the counts.

Appeal and prison status as of October 2026

Combs began serving his sentence at FCI Fort Dix, a low-security federal prison in New Jersey. His lawyers appealed to the U.S. Court of Appeals for the Second Circuit, which heard arguments on April 9, 2026.

The defense argues that the judge improperly relied on conduct tied to charges the jury rejected, and that the sentence is far above typical Mann Act terms. Prosecutors call the appeal meritless. As of mid-October 2026, the court had not ruled.

In October 2026 the Bureau of Prisons confirmed it had moved Combs to FCI Allenwood Low in Pennsylvania. The move followed media reports of a contraband phone at Fort Dix. Reports said he lost 41 days of good-conduct credit, and his projected release date was reported as March 2, 2028. That date has shifted several times during 2026.

Civil lawsuits and financial exposure

Combs faces dozens of civil lawsuits. Forbes counted at least 70 in July 2025. Most accuse him of sexual assault, abuse or trafficking. He has denied the allegations.

Known financial outcomes are limited:

• Cassie Ventura: her November 2023 lawsuit settled within a day on undisclosed terms. The settlement was widely reported at about $20 million.
• Michigan default judgment: a state judge awarded an inmate a $100 million default judgment in September 2024, then set it aside days later over improper service.
• Defamation suit: Combs himself is suing a man who claimed on TV to have videos of him, seeking $100 million. A federal court entered a default against that defendant in April 2026, but no judgment had been issued.

Most of the remaining civil cases are still pending. Damages, settlements and legal fees could reduce his net worth further, but the total exposure cannot be reliably estimated.

Personal life

Combs has seven children. He had a long relationship with model Kim Porter, the mother of three of his children, who died in 2018. He also raised her son Quincy from an earlier relationship. His youngest child, Love, was born in 2022.

He has never married. He dated singer Cassie Ventura for about a decade, until 2018.

Philanthropy

Combs has given to education causes over the years:

• He co-founded Capital Preparatory Harlem, a charter school that opened in 2016.
• In 2016 he pledged $1 million to Howard University for a scholarship fund.
• His Daddy’s House Social Programs supported youth programs in New York.

In June 2024 Howard University revoked the honorary degree it gave him in 2014 and returned his donation.

How Sean Combs compares

Musician	Estimated net worth	Main source
Jay-Z	About $2.5 billion	Spirits, art, Roc Nation
Taylor Swift	About $2 billion	Music and touring
Rihanna	About $1.4 billion	Fenty Beauty
Sean “Diddy” Combs	About $400 million	Spirits, music, real estate

Figures are Forbes estimates from 2023 to 2026. Combs once ranked with Jay-Z as hip-hop’s richest moguls. Today he sits well below the top tier of wealthy musicians.

Frequently asked questions

How much is Sean “Diddy” Combs worth?

About $400 million, according to Forbes’ most recent estimate from June 2024. A widely reported 2026 estimate gives a similar figure.

Was Diddy ever a billionaire?

Forbes estimated his net worth at about $1 billion in 2022. By 2024 it had cut the figure to $400 million, and it no longer counts him as a billionaire.

How much did Diddy make from Cîroc?

Forbes estimates he earned an average of about $66 million a year from his Diageo partnership between 2007 and 2023. He also received about $200 million for his DeLeón tequila stake in 2024.

What was Diddy convicted of?

In July 2025 a jury convicted him on two Mann Act counts of transportation to engage in prostitution. He was acquitted of racketeering conspiracy and sex trafficking.

How long is Diddy’s prison sentence?

50 months, plus a $500,000 fine, imposed in October 2025. His projected release date was reported as March 2, 2028, as of October 2026. His appeal was still pending.

Does Diddy still own Revolt and Sean John?

He sold his Revolt stake back to the company in June 2024. He still owns Sean John, which he bought back in 2021 for about $7.5 million.

Sources: Forbes (net worth estimates 2014–2024; “Inside The Rubble Of Diddy’s Empire,” June 2024; civil lawsuit and appeal coverage 2025–2026), Rolling Stone, NBC News, CBS News, Billboard, The Real Deal, XXL, Music Times, Courthouse News, MJBizDaily, Wikipedia. All net worth figures are estimates.