ABC News, July 2025
The jury in the Sean “Diddy” Combs trial completed their second day of deliberations on Tuesday, weighing a verdict that could not only put the rapper and business mogul in prison but also strip Combs of a sizable share of his wealth. The jury in Manhattan federal court is debating whether Combs is guilty of racketeering conspiracy, two counts of sex trafficking and two counts of transportation for the purposes of prostitution, all of which Combs has denied. Combs’ vast portfolio features multi-million-dollar mansions in Los Angeles and Miami, a private jet, high-priced art and private investments, among other holdings, including his Bad Boy Entertainment business assets, which include his Bad Boy Records label. Last year, before Combs was indicted but after his Los Angeles and Miami homes were raided by federal agents and the video of him physically assaulting former girlfriend Cassie Ventura came to light, Forbes estimated Combs’ net worth at $400 million, which marked a sharp decline from the outlet’s estimate in 2019 of $740 million.
The federal government could seize some of Combs’ assets if he’s found guilty and a conviction would increase the likelihood of success for potential civil suits, some experts told ABC News. If Combs is acquitted, they added, he likely would risk losing some income due to the stigma attached to information that was disclosed at trial.
