Here is What Made Sean “P. Diddy” Combs Rich, Hint: It’s Not Music

Sean “P. Diddy” Combs owns a $65 million luxury yacht called The Maraya; a popular spot for parties and relaxation. Every year Forbes releases a list of the richest hip hop stars in the music industry and P.Diddy  maintains the top spot among the highest paid artists in the world. Music made him popular but the majority of his wealth comes from his investments and other business ventures.

Over the years, music has become a lot less lucrative compared to when artists like Prince and Elvis Presley ruled the industry. Many business-savvy artists like P.Diddy no longer rely on the industry to fund their luxurious lifestyles. P.Diddy says that he is first a businessman and then an artist.

He has a range of ventures that involve bottled water, cologne, television, clothing, and many more. He started his first job at the age of 12 as a newspaper distributor, where he honed his skills as an entrepreneur.

P.Diddy’s net worth is over $820 million today. He is very influential in the music industry and started one of the biggest record labels in the world. His Bad Boy Records signed Usher, Machine Gun Kelly, Ma$E, Mary J. Blige, 112, Notorious B.I.G., and more. Without releasing any music in recent years, P.Diddy makes more money than most rappers, who are always churning out amazing albums.