Diddy Trial: A look at music mogul Sean Combs' enormous business empire and wealth. Here's how he still earns
FILE - Sean "Diddy" Combs arrives at the LA Premiere of "The Four: Battle For Stardom" at the CBS Radford Studio Center, May 30, 2018, in Los Angeles. (Photo by Willy Sanjuan/Invision/AP, File)
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Conviction and Charges Outcome
Impact on Business Ventures
Fallout After Assault Video
Loss of Liquor Business Stakes
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Current Status of Bad Boy Records
Public Support from Family
Previous Music Contributions and Shows
Risk to Combs' Wealth
Streaming Music Performance
Sean John and Empower Global Decline
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Sean 'Diddy' Combs, the well-known music producer and entrepreneur, was acquitted of federal racketeering and sex trafficking charges. However, he was convicted of prostitution offenses. These legal outcomes have impacted his business interests and public image. Combs now awaits sentencing while many of his ventures face uncertainty or decline.A federal court cleared Combs of racketeering conspiracy and sex trafficking charges. He was found guilty of prostitution offenses. The charges stemmed from allegations of transporting individuals across state lines for paid sexual activity. Prosecutors said this violated the federal Mann Act. Combs remains in custody awaiting sentencing. His bail request has also been denied.Before his arrest, Combs began stepping back from his ventures. He left Revolt TV , a network he helped launch in 2013. The channel focused on hip-hop, R&B, and social issues. His planned Hulu reality series was cancelled. Sean John, his fashion brand, disappeared from Macy's. These were early signs of his business empire unraveling.A video from 2016 showed Combs assaulting singer Cassie, his former girlfriend. After it surfaced, multiple institutions took action. New York City revoked his ceremonial key. Peloton removed his music from its platform. Howard University took back his honorary degree. His Harlem charter school also ended its connection with him.In a 2023 legal settlement, Combs ended a dispute with spirits company Diageo. As a result, Diageo gained full ownership of the Ciroc and DeLeón brands. These were previously linked to Combs' business portfolio. Though he exited the alcohol business, he retained rights to his music catalog — for now.Bad Boy Records, the label Combs founded, continues to operate but faces challenges. In 2023, Combs released 'The Love Album: Off the Grid,' his first solo album in nearly 20 years. It and Janelle Monáe's album, released under Bad Boy, received Grammy nominations. No new major releases have been announced since.King Combs, Sean Combs' son, released a surprise EP with Ye (formerly Kanye West). The project, titled 'Never Stop,' was released under Goodfellas Entertainment. The release appeared to show support for Combs amid ongoing legal issues.Bad Boy Records backed artists like The Notorious B.I.G., Ma$e, and 112. The label remained active through 2022 and supported Machine Gun Kelly's 'Mainstream Sellout.' Combs was also involved in MTV shows like 'Making the Band,' which helped launch acts like Danity Kane and Day 26.Multiple lawsuits have been filed against Combs, including one settled with Cassie for $20 million. Many cases remain open. Prosecutors have said they might ask the court to seize Combs' assets if used in illegal acts. It is unclear what the final decision on asset forfeiture will be.Combs' music remains on platforms like Spotify, Apple Music and Amazon Music. From April to May 2025, his US streaming numbers rose 20%, tied to moments in the trial. In June, streams dropped slightly by 5 to 10%. Despite visibility, revenue from streaming remains low for most artists.Sean John, his fashion label launched in 1998, has gone quiet. It is no longer available at major stores like Macy's. Empower Global, his online marketplace for Black-owned brands, launched in 2023. It started with 70 brands but saw several leave due to weak performance and Combs' legal troubles.It is unclear. Prosecutors may seek asset forfeiture, but the court has not confirmed whether this will be part of his sentence.Yes. His catalog is on Spotify, Apple Music, and Amazon. No major streaming platform has removed or restricted access to his music.
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For more than two decades, Sean "Diddy" Combs was one of hip-hop's most nimble entrepreneurs, spinning his hitmaking talents into a broad business empire that included a record label, a fashion brand, a TV network, deals with liquor companies and a key role in a reality TV show. Then he was charged with forcing, threatening and manipulating two ex-girlfriends into drug-fueled sex marathons, with assistance from a network of associates. Combs denied the allegations and went to trial in a high-stakes federal sex crimes and racketeering case. The trial ended Wednesday with a verdict that his attorneys called a victory: Combs was convicted of prostitution-related offenses but acquitted of higher-level charges of racketeering and sex trafficking. Here is a timeline of major events in his life story: 1990-1999 1990: Combs, then a student at Howard University, gets his start in the music business with an internship at Uptown Records in New York. Dec. 28, 1991: Nine people die at a celebrity basketball game promoted by Combs and the rapper Heavy D when thousands of fans try to get into a gym at the City College of New York. A mayoral report lays part of the blame for the catastrophe on poor planning by Combs. 1992: Combs is one of the executive producers on Mary J. Blige's debut album, "What's the 411?" 1993: After being fired by Uptown, Combs establishes his own label, Bad Boy, which quickly cuts a lucrative deal with Arista Records. 1994: Bad Boy releases Notorious B.I.G.'s album "Ready to Die." Two months later, Tupac Shakur survives a shooting in New York and accuses Combs and Biggie of having prior knowledge of the attack, which they deny. Shakur was later killed in a 1996 shooting in Las Vegas. 1996: Combs is convicted of criminal mischief after he allegedly threatened a photographer with a gun. 1997: Biggie is killed in Los Angeles. Combs, then known as Puff Daddy, releases "I'll be Missing You" in honor of his dead star. 1998: Combs wins two Grammys, one for best rap album for his debut "No Way Out" and another for best rap performance by a duo or group for "I'll Be Missing You" with Faith Evans. Also that year, Combs' Sean John fashion line is founded. April 16, 1999: Combs and his bodyguards are charged with attacking Interscope Records music executive Steve Stoute in his New York office in a dispute over a music video. Combs is sentenced to an anger management course. Dec. 27, 1999: Combs is arrested on gun possession charges after he and his girlfriend at the time, Jennifer Lopez, fled a shooting that wounded three people at a New York City nightclub. Some witnesses tell police Combs was among the people shooting in the club. He is later charged with offering his driver $50,000 to claim ownership of the 9 mm handgun found in his car. 2001-2008 March 17, 2001: Combs is acquitted of all charges related to the nightclub shooting. One of his rap protégés, Jamal "Shyne" Barrow, is convicted in the shooting and serves nearly nine years in prison. Two weeks after the trial, Combs announces he wants to be known as P. Diddy. (Barrow also later changed his name, to Moses Barrow, and became a parliamentarian in his native Belize). 2002: Combs becomes the producer and star of "Making the Band," a talent search TV show. Feb. 1, 2004: Combs performs at the Super Bowl halftime show along with Janet Jackson, Justin Timberlake and others. A week later, Combs, Nelly and Murphy Lee win a Grammy for best rap performance by a duo or group for "Shake Ya Tailfeather." April 2004: Combs makes his Broadway acting debut in "A Raisin in the Sun." 2005: Combs announces he is changing his stage name to Diddy, getting rid of the P. March 2008: Combs settles a lawsuit brought by a man who claims Combs punched him after a post-Oscar party outside a Hollywood hotel the previous year. In May, Combs is honored with a star on the Hollywood Walk of Fame. 2015-2022 2015: Combs is arrested after a confrontation on the campus of UCLA, where one of his sons played football. Assault charges are later dropped. 2016: Combs launches a Harlem charter school, the Capital Preparatory School. Also that year, he announces he is donating $1 million to Howard University. 2017: Combs is named the top earner on Forbes' list of the 100 highest-paid celebrities, which says he brought in $130 million in a single year. 2018: Kim Porter, Combs' former girlfriend and the mother of three of his children, dies from pneumonia at age 47. 2022: Combs receives a lifetime honor at the BET Awards. 2023-2025 Sept. 15, 2023: Combs releases "The Love Album - Off the Grid," his first solo studio project since 2006's chart-topping "Press Play." Nov. 16, 2023: R&B singer Cassie sues Combs, alleging that during their decade-plus as a couple, he subjected her to abuse, including beatings and rape. A day later, the lawsuit is settled under undisclosed terms. Combs, through his attorney, denies the accusations. Nov. 23, 2023: Two more women accuse Combs of sexual abuse in lawsuits. Combs' attorneys call the allegations false. Dozens of additional lawsuits follow by women and men who accuse Combs of rape, sexual assault and other attacks. Plaintiffs include singer Dawn Richard, a "Making the Band" contestant who alleged years of psychological and physical abuse. Combs denies all the allegations. March 25, 2024: Federal agents search Combs' homes in Los Angeles and Miami Beach, Florida. May 17, 2024: CNN airs video that shows Combs attacking and beating Cassie in a Los Angeles hotel hallway in 2016. Two days later, Combs posts videos on social media apologizing for the assault. Sept. 16, 2024: Combs is arrested at his Manhattan hotel. A federal sex trafficking and racketeering indictment unsealed the next day accuses him of using his business empire to coerce women into participating in sexual performances. Combs denies the allegations. His attorney calls it an unjust prosecution of an "imperfect person." May 5, 2025: Jury selection begins for Combs' trial. May 12, 2025: A jury is selected and testimony begins in Combs' trial. June 30, 2025: Jury deliberations begin in Combs' trial. July 2, 2025: The jury convicts Combs of two counts of a prostitution-related offense but acquits him of higher-level charges of racketeering and sex trafficking. The outcome significantly reduces the rap mogul's potential prison sentence, which a judge will determine in the months to come. His lawyers unsuccessfully ask for him to be released on bond in the meantime. Combs is visibly relieved by the verdict, and his lead lawyer calls it "a victory of all victories."
