Sean Combs

Born: November 4, 1969, Harlem, New York;

Occupation: Businessman;

Position: Founder & CEO;

Company: Combs Enterprises LLC;

Industry: Media,Entertainment, Apparel, Beverages;

Residence: United States;

Nationality: American;

Annual Salary (2022): $90 M;

Net worth (2018): USD $0.825 Billion;

Sean Combs

Sean John Combs, is the Founder & CEO of Combs Enterprises, since 2004. Mr. Combs is perhaps best known as the founder of Bad Boy Entertainment and for his work as a music producer with artists such as The Notorious B.I.G., Jodeci, Mary J. Blige, Usher, Lil' Kim, TLC, Mariah Carey, Boyz II Men, SWV, Aretha Franklin and others.  Forbes puts his net worth at $825 million.

Mr. Combs was born in Harlem and grew up in Mount Vernon, New York. He began his music industry career as an intern at Uptown Records. He would eventually drop out of Howard after getting hired as a talent director at Uptown, where he would sign and produce Mary J. Blige.

Mr. Combs formed Bad Boy Entertainment in 1994 with the signing of just two artists, former EPMD roadie Craig Mack and friend and collaborator Notorious B.I.G. Bad Boy Records has achieved great success with The Notorious B.I.G., Craig Mack, Mase, Lil' Kim, D-Block/The L.O.X, Carl Thomas, Faith Evans, 112 and Total. The label is now 50% owned by Universal Music Group's Interscope Geffen A&M label.

In 1996, Mr. Combs parlayed Bad Boy's success into an unprecedented 50/50 joint venture with Clive Davis and Arista Records, enabling the label to effectively market its roster of artists to a global marketplace. 

In June 2002, after one of the most successful and consistent hit-producing partnerships in the music business in the past decade, Arista Records and Bad Boy Entertainment amicably ended their joint venture. As part of the deal, Combs gained full control of Bad Boy Records, including the complete artist roster and entire catalogue.

February 2003 brought the announcement that Bad Boy Records had signed a worldwide distribution deal with Universal Records. Under the auspices of the deal, Universal will provide marketing and promotional support for Bad Boy's roster and distribute both the Bad Boy Catalogue and all new releases from the label. Most importantly, Sean "P. Diddy" Combs retains 100% ownership of Bad Boy Records.

Christian Casey LLC, Founded by Combs in 1998 and named for his second son, Christian Casey designs, produces, and distributes high-end urban fashion and accessories targeted to trendy males and females. Bad Boy Entertainment owns Christian Casey, which operates as Sean John Clothing. The label has enjoyed tremendous success, with annual sales exceeding $100 million, and multiple fashion design nominations. In 2004, the Council of Fashion Designers of America awarded Sean John the Men's Designer of the Year award.

Sean John fragrance, a joint venture with Estée Lauder, was formed in 2005. When introduced in 2006, Sean John’s signature fragrance, Unforgivable, quickly reached No. 1 in U.S. department stores. Since then, Sean John fragrances have grown to include Unforgivable Woman and I Am King, and are sold in more than 35 countries and territories. Sean John’s’ Unforgivable scent was the top selling fragrance in 2006, according to leading consumer and retail information provider The NPD Group. That was the first time a men's fragrance had claimed that honour. Sean John’s, I Am King, took home top honours at the 37th Annual FiFi Awards hosted by The Fragrance Foundation. I Am King, was named Fragrance of The Year in the Men's Luxe category. Combs took home the same award for his first men's fragrance, Unforgivable, in May 2007.

In 2007, Sean partnered with Diageo for a groundbreaking strategic alliance to oversee and manage all branding and marketing initiatives for Ciroc Vodka. Under the terms of the deal, Sean Combs and Sean Combs Enterprises will take the lead on all brand management decisions for Ciroc, while sharing in the future profits of the growth of the brand. This exclusive US multi-year collaboration, which calls for a 50/50 profit split, is a first for the spirits industry and could be worth more than $100 million for Combs.

Mr. Combs’ Sean John Enterprise acquired the Enyce clothing line from Liz Claiborne for $20 million on October 21, 2008.

Combs Enterprises was founded in 2004 as an umbrella company for Mr. Combs portfolio of businesses and investments that includes music, fashion, fragrance, beverage, marketing, film, television, and media properties. Its brands include: 

  • Bad Boy Entertainment 
  • AQUAhydrate, Inc. 
  • Capital Preparatory Schools 
  • Combs Wine & Spirits 
  • CÎROC 
  • DeLeón® Tequila 
  • Sean John 
  • REVOLT Films 
  • REVOLT TV & Media

Personal Attributes and Interests

  • Mr. Combs is father to six children.

Work Experience

  • Founder & CEO, Combs Enterprises
  • Founder & CEO, Sean John
  • Founder & CEO, Bad Boy Entertainment
  • Intern, Uptown Records

Accolades

  • Mr. Combs received an honorary doctorate from Howard University, 2014.
  • Received his Star on the Hollywood Walk of Fame, 2008.
  • Golden Plate Award, 1998, from the American Academy of Achievement.

Philanthropy, Community Service and Memberships

  • Donated $1 million to Howard University to establish the Sean Combs Scholarship Fund, 2016.
  • Founded Daddy's House Social Programs, 1995.

Education

  • Mr. Combs attended Howard University but did not complete his degree.
Please Support Our Sponsors
Become a sponsor.

You’re reading BlackEntrepreneurProfile.com -- experts who research black executives, entrepreneurs and their surrounding ecosystem, on a weekly basis. Be sure to check out our homepage for all the latest profiles and news, and follow Black Entrepreneur Profile on Twitter, Facebook, and Instagram to stay updated. Start by checking out some of our exclusive collections, Black Billionaires and Black Fortune 500 CEOs.

Recently Added Black Executives

Sarah Mensah

Occupation: Businesswoman; Position: VP, General Manager; Company: Nike North America; Industry: Retail, athletic footwear, apparel, equipment,…

Tiger Woods

Born: December 30, 1975, Cypress, California; Occupation: Businessman, Professional Athlete; Position: Founder, CEO; Company: TGR Ventures; …

LeBron James

Born: December 30, 1984, Akron, Ohio; Occupation: Businessman, Professional Athlete; Position: Co-Founder; Company: SpringHill Company; …

Bill Spruill

Born: Goldsboro, North Carolina; Occupation: Businessman; Position: Co-founder & President; Company: Global Data Consortium; Industry:…

Yannick Lefang

Born: France; Occupation: Businessman; Position: Founder & CEO; Company: Kasi Insight Inc.; Industry: Market Research; Residence: Canada; …

Latest News & Articles

Rihanna Fenty

Rihanna's lingerie company Savage X Fenty, known for its inclusivity of all body types, is reportedly planning a public offering at a reported $3…

Serena Williams, tennis champion and successful businesswoman and partner Alison Rapaport Stillman has raised a new fund, Inaugural Fund with $111M in…

Robin Rihanna Fenty

Robin Rihanna Fenty, the multi talented Barbadian entrepreneur, known best for her multi platinum selling music career, has raised $125 million for…

Frank Clyburn

International Flavors & Fragrances announced on January 20, 2022, the appointment of Frank Clyburn, an accomplished leader and operational executive,…

Sean Combs

Mr. Combs, 52, won back ownership with a $7.55 million bid in an auction to save Sean John from bankruptcy, according to court documents. Mr. Comb's…

Black Billionaires

Aliko Dangote

Born: April 10, 1957, Kano, Kano State, Nigeria; Occupation: Businessperson; Position: Chairman, President; Company: The Dangote Group; …

Michael Jordan

Born: February 17, 1963, Wilmington, North Carolina; Occupation: Businessman,Professional Basketball Player, Actor; Company: Charlotte Bobcats; …

Robin Rihanna Fenty

Born: February 20, 1988, Saint Michael, Barbados; Occupation: Businesswoman, singer, songwriter, actress; Position: Co-Founder; Organizations: …

Born: June 8, 1977, Atlanta, Georgia; Occupation: Rapper, Music Producer, Fashion Designer, Businessman; Position: Founder; Company: Yeezy; …

Shawn "Jay Z" Carter

Born: December 4, 1969, Brooklyn, NY; Company: Roc Nation; Position: Founder; Industry: Media, Entertainment, Publishing, Fashion; Residence:…

FTC: Black Entrepreneur & Executive Profiles is reader supported, we may earn income on affiliate links. You support us by using our links to buy products, it will cost you nothing extra.

We also a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

Learn more...