Sean “Diddy” Combs is reportedly planning a significant change. TMZ reports that the music mogul is attempting to sell his Los Angeles mansion for $70 million. This price is $30 million more than what he paid in 2014.
Federal Raids and Legal Troubles
The decision to sell follows a federal raid on Diddy’s Los Angeles and Miami homes. Homeland Security raided the properties as part of an ongoing sex trafficking investigation. Hal Kempfer, a Homeland Security expert, stated, “The evidence gathered included laptops, flash drives, and anything that would connect Combs with the allegations.”
During the raid, Diddy’s sons, Justin and Christian Combs, were detained. Their mother, Misa Hylton, criticized the authorities’ actions on Instagram. She wrote, “The over zealous and overtly militarized force used against my sons Justin and Christian is deplorable. If these were the sons of a non-Black celebrity, they would not have been handled with the same aggression. The attempt to humiliate and terrorize these innocent young BLACK MEN is despicable!”
Diddy’s Financial and Social Consequences
Diddy purchased the mansion in Holmby Hills for $39 million. The home boasts a 35-seat theater, guest house, and swimming pool with a grotto. Despite the luxury, records show Diddy took out two mortgages on the property, neither of which has been fully paid off.
In May, surveillance video surfaced showing Diddy involved in a physical altercation with his ex-girlfriend, Cassie. This incident matches allegations she made in a lawsuit filed last November. Cassie later released a statement expressing gratitude for the support she received and emphasized the ongoing impact of domestic violence.
Diddy denied all allegations, stating, “ENOUGH IS ENOUGH. For the last couple of weeks, I have sat silently and watched people try to assassinate my character, destroy my reputation and my legacy. Sickening allegations have been made against me by individuals looking for a quick payday. Let me be absolutely clear: I did not do any of the awful things being alleged. I will fight for my name, my family and for the truth.”
Amid the public outcry, Diddy returned several accolades. He handed back the key to the city of New York and had his honorary degree from Howard University revoked.
Despite his legal issues, Diddy remains active. He recently deleted all posts from his Instagram and has been seen whitewater rafting. This significant shift in his personal and professional life indicates a tumultuous period for the music icon.