Sean "Diddy" Combs may lose lot more than his freedom if convicted in the sex-crimes trial, according to a report of USA Today.
According to prosecutors, Combs used his fame and fortune to create a deviant empire of exploitation, coercing women into abusive sex parties while silencing victims through blackmail and violence, including kidnapping, arson and beatings. Alongside the criminal case, prosecutors allege that Combs operated a racketeering enterprise spanning from 2008 to the present. As per the report, the three-time Grammy winner is battling a Justice Department forfeiture action that threatens to dismantle his multimillion-dollar empire.
Notably, in 2024, Forbes estimated Combs’ net worth at $400 million, significantly less than 2019 estimation of $740 million. Here's what the rapper stands to lose if convicted.
Real Estate
As per the report of USA Today, Combs’ most valuable property is a 17,000-square-foot, 10-bedroom mansion in Los Angeles’ exclusive Holmby Hills, appraised at more than $61 million. The residence was raided earlier this year as part of the federal investigation and listed for sale in September 2024.
He also owns a 9,600-square-foot estate in Toluca Lake, California.
A $48 million waterfront mansion at 2 West Star Island in Miami, along with the adjacent property at 1 West Star Island.
In August 2024, Combs paid off an $18.9 million mortgage on the Miami property to use it as collateral in a failed bid for bail, the report claimed.
Private Jet
Combs owns a Gulfstream G550 jet—nicknamed "LoveAir"—valued at over $25 million. He reportedly rents it out and is seeking to sell it to cover mounting legal costs.
Bad Boy Records and Business Empire
Bad Boy Records, the iconic label Combs founded in 1993, could also be subject to forfeiture. The label continues to earn from music royalties and publishing rights.
Combs' broader business holdings, under Combs Global (formerly Combs Enterprises), include:
His newer ventures include Empower Global, Our Fair Share, and Love Records, focusing on R&B.
Art Collection
Combs is believed to own an impressive collection of contemporary art. In 2018, he was revealed as the mystery buyer of Kerry James Marshall’s acclaimed painting Past Times, which sold for $21.1 million. His collection reportedly includes works by Jean-Michel Basquiat and Keith Haring.
Luxury Cars
At one point, Combs owned a fleet of at least 20 high-end vehicles, including Rolls-Royce, Bentley, Ferrari, Lamborghini, and the ultra-luxurious Mercedes-Maybach.
According to prosecutors, Combs used his fame and fortune to create a deviant empire of exploitation, coercing women into abusive sex parties while silencing victims through blackmail and violence, including kidnapping, arson and beatings. Alongside the criminal case, prosecutors allege that Combs operated a racketeering enterprise spanning from 2008 to the present. As per the report, the three-time Grammy winner is battling a Justice Department forfeiture action that threatens to dismantle his multimillion-dollar empire.
Notably, in 2024, Forbes estimated Combs’ net worth at $400 million, significantly less than 2019 estimation of $740 million. Here's what the rapper stands to lose if convicted.
Real Estate
As per the report of USA Today, Combs’ most valuable property is a 17,000-square-foot, 10-bedroom mansion in Los Angeles’ exclusive Holmby Hills, appraised at more than $61 million. The residence was raided earlier this year as part of the federal investigation and listed for sale in September 2024.
He also owns a 9,600-square-foot estate in Toluca Lake, California.
A $48 million waterfront mansion at 2 West Star Island in Miami, along with the adjacent property at 1 West Star Island.
In August 2024, Combs paid off an $18.9 million mortgage on the Miami property to use it as collateral in a failed bid for bail, the report claimed.
Private Jet
Combs owns a Gulfstream G550 jet—nicknamed "LoveAir"—valued at over $25 million. He reportedly rents it out and is seeking to sell it to cover mounting legal costs.
Bad Boy Records and Business Empire
Bad Boy Records, the iconic label Combs founded in 1993, could also be subject to forfeiture. The label continues to earn from music royalties and publishing rights.
Combs' broader business holdings, under Combs Global (formerly Combs Enterprises), include:
- Bad Boy Entertainment
- Combs Wines and Spirits
- AQUAhydrate
- Revolt Media
- Sean John fashion and fragrances
- Capital Preparatory Charter Schools
- The Sean Combs Foundation
His newer ventures include Empower Global, Our Fair Share, and Love Records, focusing on R&B.
Art Collection
Combs is believed to own an impressive collection of contemporary art. In 2018, he was revealed as the mystery buyer of Kerry James Marshall’s acclaimed painting Past Times, which sold for $21.1 million. His collection reportedly includes works by Jean-Michel Basquiat and Keith Haring.
Luxury Cars
At one point, Combs owned a fleet of at least 20 high-end vehicles, including Rolls-Royce, Bentley, Ferrari, Lamborghini, and the ultra-luxurious Mercedes-Maybach.
