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Diddy On Pace To Be The First Hip Hop Billionaire

Celebrity Money
Diddy On Pace To Be The First Hip Hop Billionaire

P. Diddy is known for his flashy parties and business success, but how close is he to becoming a billionaire? While the world first took notice of Diddy for his music, he had been in business long before that. As an entrepreneur, Diddy has taken the world by storm and this has been noted by the likes of Forbes. Thanks to Diddy’s music and business genius, his net worth is now estimated at nearly $580 million dollars. This far surpasses any other Hip Hop artist and has set Diddy into a league of his own.

It’s All About Assets

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When a person hears “net worth,” they automatically think that a person has all of their money sitting in the bank. This is definitely not the case for Diddy and even he has confirmed this. While he will not divulge how much he has sitting in the bank, he was not reluctant to state that his bank account has far less than the $580 million dollar net worth that has been stated. So, where is all of his net worth?

· Bad Boy Records

· Ciroc

· Sean John

· Blue Flame

· Revolt

Each of these businesses have seen major success with Bad Boy Records and Ciroc among the top assets. Revolt is a new project that Diddy is planning on capitalizing on. With the television network set to air in the coming weeks, forecasters are already deeming it a success. Some reports state that the network could bring Diddy to completely new heights and add $200 million dollars to his $580 million dollar net worth.

Billionaire Status

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The next decade will dictate just how accurate the idea of Diddy being a billionaire will be. If past net worth increases are any indication to the success that will be seen, it may only take Diddy nine or ten years to reach billionaire status. If Revolt does exceptionally well, these figures can be seen much faster.

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