How exactly did Puffy make a half a billion?

Nigerianwonder

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He owns the right to receive half if ciroqs profit without actually taking any monetary risk..
I.e. He's in a million time better position than the owners in the short run (if ciroq failed he'd not lose a dime if they win he gets half the profit) and he's probably invested in it as well. Now in the long run ie a sale, the owner will probably profit more than him. But maybe not more than he already has profited up until that day.

And don't forget that he owns a tv network.
Its reported there is a clause in the ciroc contract that garuantees puff a 100 million plus payout if its ever sold.
 

Nemesis

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along with Ciroc, Sean Jean is the OFFICIAL suit of the NFL even if the casual stuff doesn't sell that much anymore. Didn't he also own Bad Boy outright? It wasn't a label like Rocafella who was under Def Jam...

Bad Boy was a label under Arista... Clive Davis was his boss......
 

Tommy Knocks

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If Diageo sells ciroc (which I don't think will) he'll double his net worth over night. Damn he put himself in a win-win situation. Best beverage deal of all time. Altho I think JayZ and ace of spades is better if that family ever decides to sell their champagne to a large distributor. The problem is that deal is under the table and no one really knows what kind of agreement he has with the family.
 

Razzay

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In 96' Puff renegotiated his contract with Arista becoming a joint owner. Then in 2002, as his record distribution arrangement neared its end, he reached a deal to buy back the 50 percent stake in Bad Boy that Arista owned from its parent BMG for an estimated $20 to $30 million. He secured a distribution deal with Universal before moving to Interscope.

When he launched Sean John in 1999 he already owned Blue Flame Marketing and Advertising, Justin's Restaurants; Bad Boy Marketing; Bad Boy Productions; Bad Boy Films; Bad Boy Books; Bad Boy Technologies; Janice Combs Music Publishing; Janice Combs Management; Daddy's House Studios; Daddy's House Social Programs.

After Sean John sales took off from 2000-2003 combined with his production, publishing, royalty and record label profits he was worth about $350 Million. He fluctuated at this level until the Ciroc Deal that pushed him close to half a billie.

He also has equity stake in Diddy Beats headphones, made a few million acting and bought out Enyce.

He's said to be worth about 580 million now. But next year it should push him closer to reaching a billie with his recent launch of is own cable tv channel Revolt, his equity stake in Aquahydrate Water, and his new deal with Deleon for Tequilla. When those deals are accounted for Puff will have a large lead on Jay-Z. And if Diddy's bid of 200 million for Fuse TV goes through, his net worth is going to explan further.
 

Tommy Knocks

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In 96' Puff renegotiated his contract with Arista becoming a joint owner. Then in 2002, as his record distribution arrangement neared its end, he reached a deal to buy back the 50 percent stake in Bad Boy that Arista owned from its parent BMG for an estimated $20 to $30 million. He secured a distribution deal with Universal before moving to Interscope.

When he launched Sean John in 1999 he already owned Blue Flame Marketing and Advertising, Justin's Restaurants; Bad Boy Marketing; Bad Boy Productions; Bad Boy Films; Bad Boy Books; Bad Boy Technologies; Janice Combs Music Publishing; Janice Combs Management; Daddy's House Studios; Daddy's House Social Programs.

After Sean John sales took off from 2000-2003 combined with his production, publishing, royalty and record label profits he was worth about $350 Million. He fluctuated at this level until the Ciroc Deal that pushed him close to half a billie.

He also has equity stake in Diddy Beats headphones, made a few million acting and bought out Enyce.

He's said to be worth about 580 million now. But next year it should push him closer to reaching a billie with his recent launch of is own cable tv channel Revolt, his equity stake in Aquahydrate Water, and his new deal with Deleon for Tequilla. When those deals are accounted for Puff will have a large lead on Jay-Z. And if Diddy's bid of 200 million for Fuse TV goes through, his net worth is going to explan further.
:damn::damn::damn::damn:
 
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