Diddy Moving Towards Forbes 400 With An Estimated Net Worth Of $550 Million

 

Forbes has rolled out their Future 400 list, and Diddy makes the cut in a big way.

The Bad Boy Records CEO, is worth an estimated $550 million.

The notorious name-changer has taken to calling himself Ciroc Obama, and for good reason: Through his vodka deal with beverage giant Diageo, Diddy receives an annual cut of profits and a big chunk of cash if the Ciroc brand is ever sold. With the spirit’s value soaring toward $1 billion, and stakes in clothing lines Sean John and Enyce, marketing firm Blue Flame and record label Bad Boy, Diddy may beat buddy Jay-Z, featured on last year’s cover, to The Forbes 400. Net worth: $550 million.

Other notable names on the list include Interscope's Jimmy Iovine ($400 million), movie director/producer Michael Bay ($410 million), Dropbox CEO Drew Houston ($400 million) and Twitter creator Jack Dorsey ($650 million).

 

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Tags: $550, An, Billionaire, Boy's, Club, Diddy, Estimated, Million, Moving, Net, More…Of, Towards, With, Worth

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Comment by Big Reed1 on September 24, 2011 at 5:53am
This man gone keep on dancen. Straight to the bank.
Comment by DeathBlade on September 22, 2011 at 11:29pm
@fan123
Naw it ain't necessarily diddy havin more money than iovine, it's iovine havin more money than how it is shown on the forbes list, first of all i'm pretty sure he hides some assets in off-shore companies in order to pay less tax, and the other thing is diddy is pretty much selling everything while jimmy iovine got interscope if he was to sell it he would easily sell it for 300mil+
Comment by Hydrophobic on September 22, 2011 at 8:57pm
Much respect to diddy, he always kept his business in check.
Comment by ThisisChris on September 22, 2011 at 8:27pm
"I got my billions up, f****** with them white folks. now i don't give a f*** cause i'm richer than them white folks" DIDDY ole do it remix.......he was serious when saying that
Comment by Slimturk on September 22, 2011 at 5:57pm
WOWSERS!! THATS FAWKIN iLL!!

FOLLOW ME ON TWITTER @SLIMTURK (OVER 47,000+ FOLLOWERS!!)
Comment by Tru Wordz on September 22, 2011 at 4:23pm
What's Fif doing? I've seen about 3 different movies he is supposedly in. Where are the commercials bigging up his movies. His music hit rock bottom after his feature w/ Jeremih. I'm going to need my guy to step it up, show us something Fif!

As for Diddy, he's on another planet with $. I always knock Diddy b/c Bad Boy sucks, but I'll be the first to cop some Ciroc & then wonder why he's still relevant. Well played Mr. Combs

Jay isn't going ANYWHERE! Like...ever. Bigger than hip hop, nope, not possible. Made more money than anyone in hip hop (along w/ the R&B Queen Beyonce), ya damn straight. Didn't she alone bring in like 80mil 2 years ago? C'mon, super power house couple. And his endorsement deals won't stop. If they're not worth a billion yet, bet money in the next 5 years they will be. Jay, drop ya name on a drink or two...ciROC Nation. Ha, I coined it, Pay Me Sucka!
Comment by Daniels on September 22, 2011 at 3:43pm
dats cool
Comment by jamaal on September 22, 2011 at 3:40pm
Scorpios representing!!!
Comment by Red The Fly Guy on September 22, 2011 at 3:33pm
I respect Diddy! He said "He'll never stop!" Take that! LOL

Its crazy cause he worked for FREE when he first started, NOW he half a billiionaire and he call ALL the shots! woah.
Comment by fan123 on September 22, 2011 at 3:22pm
and go fif first to a billion!!!

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