50cent got real lucky with vitamin water...
op and a lot of other people don't understand something as simple as this. Op, diddy doesnt have 580mil. He's worth that much. Meaning his houses, cars, everything he owns + his money = 580mMaking half a billion is not the same as being worth half a billion. Only thing diddy really owns is the masters to bad boy catalogue, everything else - ciroq (diageo a liqour conglomerate owns it along with smirnoff, johnnie wakler, etc) sean john (owned by the same venture capital firm that owns duane reid), etc he is a spokesman and marketer. They came up with a term for it, "brand ambassador".
op and a lot of other people don't understand something as simple as this. Op, diddy doesnt have 580mil. He's worth that much. Meaning his houses, cars, everything he owns + his money = 580m
He only owns bad boy masters?Thats what i meant when i said he only really owns bad boy masters, he owns almost all the artist's publishing as well...sorry it's early i forgot. fukk diddy tho, he's the real culture vulture.
those songs still get mad burn, which he gets paid for.i know bro that wasnt meant as a insult or anything lmao diddy is still rich af and living one hell of a lifeIt doesnt discredit Puff as Hiphop's biggest hustla. He doesnt have that amount of cash on hand but shows his financial health is powerful and he's good to access capital for projects. It shows his total assets that he owns as an individual is more than his liability and debts. An individual's net worth is one of the best ways to measure financial progress from year to year. Puff just keeps growing and its more than anyone in hiphop by a large lead. If he ever liquidified some of his assets or investments he would be able to access millions maybe hundred millions in liquid cash if he wanted. Long money since 93.
He only owns bad boy masters?those songs still get mad burn, which he gets paid for.
Truth.50cent got real lucky with vitamin water...
