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Diddy Says He's Rap's First Billionaire [UPDATED]

By HHL Editors

diddy-billionThere are 1,826 billionaires in the world, and 536 in the United States.

Is Diddy one of them?

He makes that claim in this ad for AQUAhydrate, which is the bottled water company he owns with Mark Wahlberg and others.

"A young boy from Harlem, I couldn't even be a waiter," Diddy says. "They didn't want me to be a waiter, so you know what I did? I became a billionaire."
But is Diddy a billionaire?

A year ago, Forbes had his net worth at $750 million, edging Dr. Dre* for the most moola in the rap game.

That's fairly close to a billion, and the stock market has been ripping since then.

So we'll give Puff his billion. Congrats on quite an accomplishment.

*  If you're wondering about Dre, the Apple Deal didn't make him a billionaire, and he hasn't claimed billionaire status -- like Puff just did -- since.

Update: It looks like Diddy got a little ahead of himself, as he's retracted his claim he's worth a billion dollars.

Hey guys I appreciate the congratulations but it's a little bit premature I still have a lot of work to do. At the end of the day it's not about the money it's about the impact that you have on the world! Money doesn't make you rich but it sure does pay the bills! Love to all my entrepreneurs and fellow hustlers out there. Keep Grinding and taking care your family's. And of course keep God first above anything!

A post shared by DIDDY (@diddy) on

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