Sean "Diddy" Combshas a lot to lose as hissex-crimes trialcontinues. Theembattled music mogul is facingpotential life in prison if convicted on charges of sex trafficking, racketeering and transportation to engage in prostitution. He has pleaded not guilty. He is also fighting a Justice Department forfeiture action that could cost him much – if not most – of an empire that prosecutors allege he used as part of a criminal racketeering enterprise from 2008 to the present. His lawyers have hired as a consultant the former deputy chief of the Justice Department's Asset Forfeiture and Money Laundering Section, USA TODAY has learned. So what are Combs' assets, and what could be seized if he is convicted? In 2024, Forbes magazineestimated Combs' net worthat $400 million – a significant drop from its 2019 figure of$740 million. Both Combs and his team later claimed he was a billionaire, Forbes said, despite offering no documentation to back up the claim. Diddy on Trial newsletter: Step inside the courtroom with USA TODAY as Sean 'Diddy' Combs faces sex crimes and trafficking charges. Subscribe to the newsletter. According to publicly available documents and news reports, Combs' most valuable personal possession is likely his 17,000-square-foot, 10-bedroom mansion, appraised at more than $61 million, in the tony Holmby Hills section of Los Angeles. It was raided as part of a criminal probe and listed for sale last September. Sean 'Diddy' Combscould lose his freedom – and his vast empire of mansions, art and cars Combs also owns a 9,600-square-foot house in Toluca Lake just northwest of the Hollywood Sign. And heowns a $48 million mansionat 2 West Star Island in Miami and the adjacent property at 1 West Star Island. On Aug. 20, 2024, Combspaid off the $18.9 million mortgageso he could put up 2 West Star as collateral in his failed efforts to obtain bail and stay out of jail while awaiting trial, documents show. Combs owns a Gulfstream G550 jet valued at more than $25 million, known as LoveAir, which he rents out while also seeking a sale to help pay his enormous legal expenses. These Diddy family membershave been in court amid his sex-crimes trial Also, potentially open to forfeiture: Combs' Bad Boy Records, which still generates money from recordings and music publishing rights since he launched the company in 1993. At its founding in 2013, Combs' parent company Combs Enterprises, later renamed Combs Global, included his New York City-based Bad Boy Entertainment, Combs Wines and Spirits, the AQUAhydrate water firm, Revolt Media, Sean John fashion and fragrances, Capital Preparatory Charter Schools and The Sean Combs Foundation. Cassie Ventura testimony:What the singer is saying about Diddy, Kid Cudi, Suge Knight Over the years, it expanded to include new business units and ventures such as Empower Global, Our Fair Share and Love Records, which focused on R&B. Combs is not known to own any "Colossal-sized Picassos," as he sings about in his hit song. But he is believed to have an extensive art collection, including works by Jean-Michel Basquiat and Keith Haring. Cassie Venturareveals how much Diddy paid to settle her 2023 lawsuit In 2018, he was revealed as the mystery buyer of the renowned painting"Past Times" by Kerry James Marshallfor $21.1 million. At one time, Combs' fleet of at least 20 luxury cars included a Rolls-Royce, Bentley, Ferrari, Lamborghini and an ultra-luxury Mercedes known as a Maybach. Contributing: Brendan Morrow This article originally appeared on USA TODAY:Sean 'Diddy' Combs' net worth, homes, plane, more assets
