Diddy – $850 Million  –  Record Label Company

Born Sean John Combs in Harlem and raised in Mount Vernon, New York, Diddy landed an internship at the city’s Uptown Records, where he later worked as a talent director. He is credited as the big man behind talents such as Mary J. Blige, Faith Evans, The Notorious B. I. G., and Jodeci. After leaving the company, he established his own record label called Bad Boy Entertainment.

In addition to his record executive producer career, Diddy also enjoyed a colorful music career as a solo artist. His debut single, Can’t Hold Me Down, topped the Billboard charts and stayed at the peak for 28 weeks. He subsequently released three more albums, which were also successful. His projects and ventures bore fruits, including his $850 million net worth. Diddy also expanded into a clothing line and a beverage company and later created Combs Enterprises, an umbrella company of his business portfolio.