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HomeAfrica#MaxEntertainment: Sean “Diddy” Combs faces huge financial crisis

#MaxEntertainment: Sean “Diddy” Combs faces huge financial crisis

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Sean “Diddy” Combs appears to be facing a cash crisis as hefty legal bills mount and income from lucrative partnerships dries up, analysis of Diddy’s finances.

Diddy, 54, still lives the expensive lifestyle of a high-profile rap star despite the FBI raid — which he called a “witch hunt” — on his home in a sex-trafficking probe amid a series of civil suits.

According to the New York Post, Diddy’s total annual bills conservatively are at $35m per year.

In 2023 the core of his income, a lucrative deal with drinks giant Diageo for his vodka and tequila brands, hit the rocks.

His family is also likely to be an increasing financial drain, as he is a father of seven, four under 18, and while he currently has no long-term partner, is believed to pay for the upkeep of several exes.

The billionaire was hit with a series of lawsuits starting last November which alleged he assaulted, raped, and trafficked women which is currently under investigation by the FBI.

 

Source: Ghana/MaxTV/Max89.7FM/max.com.gh/Michael Mensah Martey/

 

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