In 1998, Combs started a clothing line, Sean John. It was nominated for the Council of Fashion Designers of America (CFDA) Award for Menswear Designer of the Year in 2000, and won in 2004. His business interests under the umbrella of Bad Boy Entertainment Worldwide include Bad Boy Records; the clothing lines Sean John & Sean by Sean Combs; a movie production company; and two restaurants. He has taken the roles of recording executive, performer, producer of MTV’s Making the Band, writer, arranger, clothing designer, and Broadway actor. In 2011 Forbes estimated his net worth at $475 million, making him the richest figure in hip hop.
Combs acquired the Enyce clothing line from Liz Claiborne for $20 million on October 21, 2008.
After a prolific Twitter campaign by comedian Chris Gethard, Combs is set to make an appearance at the comedian’s live show in January 2010 at the Upright Citizens Brigade Theater in New York City. In February 2010, Combs announced on CNN to Wolf Blitzer, that he plans to open a business school in New York. He announced that he wanted a school, “that’s known for building leaders.”
Net Worth: $475 million