Sean Diddy Combs Net Worth 2024 Explored Amid Ongoing House Raids, Sex Trafficking Investigation

Sean "Diddy" Combs has been in legal trouble since several women and men have come forward with damaging allegations and lawsuits about his alleged behavior.

They have accused him of sexual assault and sexual harassment, among many other shocking accusations.

Diddy has denied the allegations, but it did not stop authorities from  raiding his houses in Los Angeles and Miami.

Diddy Net Worth 2024

Former Forbes editor Zack O'Malley has crowned Sean "Diddy" Combs as the world's second richest rapper, trailing behind entertainment mogul Jay-Z. Diddy's net worth is at $1 billion.

Various other publications report conflicting numbers on Diddy's net worth. The Scotsman listed him with an $800 million net worth, echoing Celebrity Net Worth's numbers.

Diddy replaced Kanye West in the second spot after Adidas, among many other companies, sacked their partnership with the controversial artist. Complex attributes Diddy's Cîroc partnership with Diageo as the bulk of his wealth, but his other ties with Revolt and DeLeón Tequila have bumped up his finances to a billion. However, those deals had ended following the sexual assault allegations against Diddy.

In 2023 alone, Combs made $90 million in revenue from his Cannabis business. In 2022, Diddy inked a $185 million deal to buy cannabis retail stores and production facilities in New York, Illinois, and Massachusetts from Cresco Labs and Columbia Care, as reported by Forbes. 

Diddy, who also owns RevoltTV, has stepped down from his position as chairman of the board after accusations against him came to light.

"Our focus has always been one that reflects our commitment to the collective journey of REVOLT - one that is not driven by any individual, but by the shared efforts and values of our entire team on behalf of advancing, elevating and championing our culture -- and that continues," the company said in a statement in November 2023.

READ MORE: Sean Diddy Combs Denies Gang Rape Allegations In Scathing Lawsuit

Diddy House Raided in LA, Miami

It was reported by multiple media outlets that Diddy's homes in Los Angeles and Miami were raided by authorities, specifically by Federal Homeland Security Investigations agents.

Diddy's homes were raided as part of an ongoing investigation on a sex trafficking case, but HSI did not provide any more details about what they are investigating.

Diddy's camp has yet to comment on the issue.

READ ALSO: Sean 'Diddy' Combs' Homes in L.A. and Miami Raided by Feds in 'Sex Trafficking' Probe