<p id=”par-1_63″><a href=”https://www.cheatsheet.com/tag/sean-diddy-combs/?swcfpc=1″>Sean ‘Diddy’ Combs</a> is currently on trial, which puts his future freedom and assets at risk. Combs was once approaching billionaire status; now, with mounting legal fees and civil suits, <a href=”https://www.cheatsheet.com/news/diddy-net-worth-in-2021.html/”>his net worth</a> has taken a significant hit. Combs is still extremely well off, but that could change following a conviction. Here’s what could happen to Combs’ wealth if he goes to prison.</p>
<h2 class=”wp-block-heading” id=”h-sean-diddy-combs-has-a-number-of-big-ticket-assets”>Sean ‘Diddy’ Combs has a number of big-ticket assets</h2>
<p id=”par-2_31″>Before his arrest, Combs had a net worth of over $700 million. He even <a href=”https://www.cheatsheet.com/news/diddys-quest-from-millionaire-to-billionaire.html/”>claimed to be a billionaire</a> at one point, though he had no proof to back this up. </p>
<p id=”par-3_37″>His assets include homes in Los Angeles and Miami. His ten-bedroom mansion in LA, which federal agents raided in 2024, was appraised at $61 million (per <a href=”https://www.usatoday.com/story/entertainment/celebrities/2025/05/15/sean-diddy-combs-assets-net-homes-plane-company-cars/83643039007/” target=”_blank” rel=”noreferrer noopener”>USA Today</a>). Each of his properties is worth millions of dollars. </p>
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<p id=”par-4_34″>Combs owns <a href=”https://www.cheatsheet.com/news/sean-diddy-combs-renting-selling-private-plane-amid-mounting-legal-fees.html/”>a $25 million jet</a> and up to 20 luxury cars. He also has many pieces of art, including the painting “Past Times” by Kerry James Marshall, which he bought for $21.1 million.</p>
<p id=”par-5_26″>In 2013, he founded Combs Enterprises, which included businesses and ventures like Bad Boy Entertainment, Combs Wines and Spirits, The Sean Combs Foundation, and Empower Global.</p>
<h2 class=”wp-block-heading” id=”h-sean-diddy-combs-assets-are-at-risk-if-he-goes-to-prison”>Sean ‘Diddy’ Combs’ assets are at risk if he goes to prison</h2>
<p id=”par-6_55″>All of these assets are at risk if Combs goes to prison. He faces racketeering charges under the Racketeer Influenced and Corrupt Organizations Statute, or RICO. RICO allows the government to prosecute individuals or organizations who use an enterprise to engage in criminal activity. The government used it as a way to target organized crime.</p>
<p id=”par-7_39″>“RICO forfeiture is intended to be very broad, and so it has significant consequences,” former Justice Department official Stefan Cassella told <a target=”_blank” href=”https://www.usatoday.com/story/entertainment/celebrities/2025/05/14/sean-diddy-combs-lose-his-vast-empire/83273388007/” rel=”noreferrer noopener”>USA Today</a>. “So, it’s going to boil down to what they can prove was part of the enterprise.” </p>
<p id=”par-8_40″>In the indictment against Combs, prosecutors alleged Combs Enterprises engaged in “among other activities, sex trafficking, forced labor, interstate transportation for purposes of prostitution, coercion, and enticement to engage in prostitution, narcotics offenses, kidnapping, arson, bribery, and obstruction of justice.”</p>
<p id=”par-9_36″>Because prosecutors are targeting Combs Enterprises, the government could seize a great deal of Combs’ assets, including houses or studios. If they can prove Combs’ businesses threw the so-called “freak offs,” he risks forfeiting these assets. </p>
<p id=”par-10_29″>His trial began on May 5 and is expected to last several weeks. Combs pleaded not guilty to the charges against him. He would face asset forfeiture upon conviction.</p>
<h2 class=”wp-block-heading” id=”h-his-net-worth-has-already-taken-a-hit”>His net worth has already taken a hit</h2>
<p id=”par-11_36″>As noted, Combs’ net worth was nearing $1 billion in the years before his arrest. He has since lost brand deals and faced a mountain of civil lawsuits. These have <a href=”https://www.cheatsheet.com/news/sean-diddy-combs-net-worth-allegedly-plummeted-2024-worth-today.html/”>chipped away at his net worth</a>.</p>
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<p id=”par-12_37″>Combs’ net worth has reportedly dropped an estimated $350 million. He is now worth roughly $400 million. While this is still nothing to scoff at, it is a significant drop in a relatively brief period of time.</p>