Even though Hip-Hop artists such as Pharell and 50 Cent accumulated enormous amounts of wealth during the prime of their careers through their merchandise and clothing lines, P Diddy stands out in a special class of hip hop artists as he has made much more than many hip hop artists in his career. P Diddy is one of the few soon-to-be black billionaires. Despite his successful musical career, P Diddy was able to branch out to other business ventures using his talent, work ethic, and business instincts.
P Diddy was able to use the same drive and determination he used controlling Bad Boy Records to launch Sean John Clothing Inc. in 1998. P Diddy’s success with the clothing and fragrance company resulted in several awards and an annual income of about one hundred million dollars for several years. P Diddy’s profile continued to rise.
In 2007, P Diddy was able to use name-recognition to promote and market the alcholic beverage, Ciroc.He put in an incredible amount of time, energy and resources into making the brand successful and was able to get a multi-year contract to net him 50% profit from the sale of Ciroc.By the end of 2013, P Diddy’s net-worth was estimated to be approximately five hundred and eighty million dollars.
With the launching of Revolt TV, it is believed that P Diddy’s net worth will increase by about Two hundred-four hundred hundred million dollars over the next few years, thus making P Diddy a potential billionaire. P Diddy’s success is a testament to the power of drive and focus. With so many successful Black politicians, business men and women as examples, there is no excuse or reason for the black youth to aim as high as they can in whatever they do.