P. Diddy is officially the wealthiest guy in hip-hop, with an estimated net worth of $550 million. The East Hampton resident recently was listed as number one with Forbes under the “Forbes Hip-Hop Cash Kings” list.
P. Diddy recently was in the news because a stalker broke into his East Hampton home.
Diddy makes money not just from music, but also from owning the vodka company Ciroc and the clothing companies Sean John and Encyee.
He could potentially become a billionaire. The business mogul has a deal with Comcast to launch the cable channel “Revolt” in 2013 that he will own outright.