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Sean “Diddy” Combs aggressively marketed himself to the ultra-rich as he turned his edgy rap glamor into a billion-dollar fortune.

Billionaires told The Post he would cold email with business proposals, while other Wall Streeters acclaimed him as a “genius” and one CEO of the New York Stock Exchange called him an “inspiration” on a par with the Founding Fathers 13 Diddy’s status as a Wall Street tycoon in his own right was on show in 2006 when he rang the New York Stock Exchange opening bell. Getty Images

But after federal investigators raided his Los Angeles and Miami homes as part of what law enforcement sources have told The Post is a sex-trafficking investigation led by the Southern District of New York, his career as an entrepreneur and investor is in jeopardy. Diddy has denied wrongdoing and called the probe “a witch hunt.”

Diddy was first declared a billionaire by hip-hop wealth expert Zack O’Malley Greenburg in 2022, but had coveted the status for years, telling Forbes in 1999, “I wanted to be very, very rich.” 13 Diddy’s relationship with billionaire Ron Burkle appears to be his longest business relationship. In 2015, Diddy again teamed up with Burkle and Mark Wahlberg to buy now water company AquaHydrate. Johnny Nunez/WireImage.com

Along the way he acquired a Rolodex littered with bold-faced names: he partnered with billionaire investor Ron Burkle; was “mentored” by hedge fund guru Ray Dalio; had his fashion line sold in Macy’s and Dillards; went into business with alcohol giant Diageo; opened the New York Stock Exchange with Este Lauder heir William Lauder; struck deals with Zac Posen and Liz Claiborne; 50% owned his own TV channel Revolt; launched a water range with Mark Wahlberg; and teamed up with Salesforce’s Marc Benioff to launch a black business marketplace.

In 2003, he sent the then owner of the Dallas Maverick Mark Cuban an email asking to design the uniforms for the NBA team, Cuban told The Post. They had never met so the cold email was a bold move.

For Diddy, it was a slam dunk to associate his new clothing brand, Sean John, with a pro sports team.

While Diddy took credit for the design, it was actually Diddy’s top designer who created it and Diddy signed off, Cuban said. 13 Diddy asked to design the Dallas Mavericks’ uniforms in 2003, securing his Sean John clothing logo a place on an NBA team, and with it both respectability and TV exposure. AP

“We were an up and coming team at a time when pro sports teams didnt do anything with entertainment industry people,” Cuban said.

“We never even met… we never did any follow up or anything beyond that,” Cuban said.

For Diddy who had gone to Howard University to study business a single deal with an NBA team gave him credibility that he leveraged for even more dealmaking.

But it was a two-way street: Diddy also used his own cache the promise of entry into a world of celebrity to attract investment for his projects.

The same year as his Mavericks deal, Diddy got Burkle, a serial investor worth an estimated $2.9 billion according to Forbes, to inject $100 million into his fashion range Sean John. 13 Michael Jackson (left), Diddy (center) and Burkle (right) attended an MTV party together in 2003. Burkle purchased Jackson’s ranch Neverland for $22 million in 2020.

It was to become Diddy’s longest-standing Wall Street relationship. After it was done, they partied with Michael Jackson while Sean John became a fixture in Macy’s and Dillards stores.

The next year the rapper teamed up with Este Lauder to create multiple fragrances, including one that was named “Unforgivable.” Here's what we know about the allegations against Sean "Diddy" Combs Sean “Diddy” Comb’s homes in Los Angeles and Miami were raided by Homeland Security amid a possible connection with an ongoing sex-trafficking investigation. Authorities targeted the rapper’s homes to seize phones and computers, sources told The Post. Combs was spotted outside a Miami airport slowly strolling back and forth Monday just hours after the raids, according to reports. Brendan Paul, a music producer and basketball player, was arrested on drug charges at a Miami airport while attempting to board Combs’ private jet. Paul has been accused of being a “drug mule” for Combs in a federal lawsuit. At least four Jane Does and one John Doe have been interviewed by New York prosecutors in connection to sex-trafficking allegations and a RICO case, sources told Rolling Stone. Combs’ ex-girlfriend Cassie (Cassandra Ventura) filed a lawsuit against him in November 2023 on several allegations, including rape and physical abuse for over a decade. Combs and Cassie settled the lawsuit one day after she filed it. In November 2023, the rapper was accused of drugging, filming and sexually assaulting a woman on a date in 1991. The lawsuit describes how Combs drove the alleged victim to a music studio where she could not get out of the car before taking her to a place he was staying to sexually assault her. A third woman filed a lawsuit against the celebrity in November 2023, claiming that he and singer-songwriter Aaron Hall took turns sexually assaulting her and a friend in the early 1990s. The woman, listed as Jane Doe in the lawsuit, claimed that a couple of days after the assault, Combs came to the home where she and her friend were staying and violently attacked her. In December 2023, Combs was hit with a fourth sexual assault lawsuit that accused him and others of sexually assaulting a 17-year-old girl at his NYC recording studio after drugging her and supplying her with alcohol.

The move gave him instant social cache. It let him rub shoulders, lucratively, with a New York social dynasty and in turn gave their decades-old brand a fresh, contemporary glamor associated not just with rap music, but his celebrity-packed White Parties in the Hamptons.

The company was thrilled with the partnership and chief operating officer William Lauder said Diddy was a “man who has built a phenomenal reputation as a tastemaker in music, in fashion and in business.” 13 Diddy was feted by the Lauder family for their deal with him including (from left), longtime company executive John Demsey, chairman emeritus Leonard Lauder, and heir Aerin, board member Jane and executive chairman William Lauder. WireImage for MAC Cosmetics 13 Diddy filmed a perfume commercial for Este Lauder in Saint-Tropez. 2006 RAMEY PHOTO 310-828-3445

The Lauder and Macy’s deals were celebrated with Diddy ringing the New York Stock Exchange’s opening bell in 2003, a sign of his power and influence.

Analysts said Diddy was one of the first celebrities to essentially license his name to brands and companies were able to draw on that to reach a more diverse group of customers.

In 2007, he was approached by the alcohol giant Diageo to become a brand spokesperson for its Croc vodka.

But he countered by proposing he become brand manager and chief marketing officer in return for a 50% profit share — and even had the business cards made up for his new role before the deal was done. 13 Diddy announced his partnership with Diageo for its Croc brand in 2007 at a press conference after brazenly printing business cards for his new title before the deal was done. Getty Images 13 The rapper was sure to make Croc part of his lifestyle, a win-win for Diageo and Diddy over the years. He no longer has any part of the business. Mr O / Splash News

The vodka brand agreed. He missed no opportunity to promote it with the deal paying him nearly $1 billion over the next 15 years and turning Croc into a hugely successful brand.

The avvy negotiations led many in Hollywood to respect Diddy’s acumen. He was a master entrepreneur, one music business insider who said the rapper was widely respected in Hollywood as a businessman told The Post.

He was a super intelligent hardworking guy and a genius at brands… he turned Croc into a billion dollar business.

When he rang the NYSE bell in 2016 as a representative for Croc, then NYSE president Tom Farley said Diddy was “an inspiration” to him and similar to the Founding Fathers since they were both hustlers.

The comments were written up by Diddy’s own news website Revolt, which often reported favorably on its co-founder. 13 Croc was once again the name behind Diddy as he and French Montana rang the NYS closing bell on August 30, 2016. Getty Images 13 After standing beside Diddy to run the closing bell, the then president of the NYSE Tom Farley (right) said Diddy was an inspiration and on a par with the Founding Fathers. Getty Images

But the Diageo relationship ended in rancor in 2023 with Diddy accusing the multinational of racism; the case was settled in January with Diageo now sole owner of Croc and DeLen tequila.

In 2015, Diddy again teamed up with Burkle and also with boyband heartthrob turned movie star Mark Wahlberg, to buy now defunct water company AquaHydrate.

Once again, Diddy promoted it energetically, appearing on both coasts with Wahlberg. Start your day with all you need to know

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At least on paper, Burkle had the longest relationship with Diddy of any of his business partners. He has not commented on the allegations against Diddy.

Earlier this year Burkle, a one time close friend of former president Bill Clinton, was linked to another alleged sex trafficker when he was listed in an unsealed court filing naming people associated with Epstein. There is no suggestion Burkle engaged in wrongdoing. 13 Burkle and Diddy were in a three-way deal with Mark Wahlberg after buying AquaHydrate and pushing it energetically. Getty Images for Extra

Diddy also forged a relationship with Dalio, who as well as founding Bridgewater, the world’s largest hedge fund, has a personal net worth of $15.4 billion, according to Forbes, and has become a sought-after guru for his principle of radical transparency.

In 2017, at a Forbes gathering for the “100 Greatest Living Business Minds,” Diddy approached Bridgewater founder Ray Dalio and started peppering him with business questions.

Diddy was a frequent attender at business events. His celebrity rider included his own drink brands and “a young Thai coconut.”

Dalio tweeted in 2019 that Diddy “asked me to mentor him” and posted a slickly-produced video of a “recent mentor session of ours.” 13 Ray Dalio (right) has said Diddy “asked me to mentor him.” Dalio has applauded Diddy as someone who wants to “help others.” Getty Images

?[H]es a real hero, Dalio said. And he wants to be a role model and help others.

“The greatest joy Im having now is helping other people to be successful, particularly helping people who can help a lot of people. Sean Combs, also known as @Diddy, is one such person,” Dalio posted, boosting Diddy to 1.3m followers looking for financial wisdom.

In 2021 Diddy teamed up with tech mogul Marc Benioff, CEO of Salesforce, who Forbes estimates to be worth $10.5 billion, to launch “SHOP CIRCULATE,” a marketplace for black-owned businesses.

That same year he launched a similar online marketplace, Empower Global. 13 Diddy’s most recent billionaire deal was with Marc Benioff’s SalesForce. Marc Benioff/X

“Building Black wealth starts with investing in Black-owned businesses and giving entrepreneurs access to the consumers needed to build sustainable companies that can thrive,” Combs said.

He told Billboard magazine last year that he wants to collaborate with Byron Allen, the TV mogul, and billionaire Hollywood director Tyler Perry to create a “black-owned media conglomerate,” although neither struck any deals with him.

After Diddy was accused by his ex Cassie of rape, sex trafficking, and domestic violence last November, and settled the suit without admitting her claims, brands began distancing themselves.

Macy’s, which still carried his fashion line, said they would stop selling his products. And 18 companies selling products on Empower are reported to have left the platform in recent months.

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Sports

Panthers’ Ekblad suspended 2 games for Hagel hit

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Panthers' Ekblad suspended 2 games for Hagel hit

NEW YORK — Panthers defenseman Aaron Ekblad has been suspended for two games for elbowing Lightning forward Brandon Hagel in the head midway through Game 4 of Florida’s first-round series against Tampa Bay.

The NHL’s Department of Player Safety announced its ruling after a phone hearing with Ekblad earlier Tuesday. He will be out for Game 5 and either Game 6 of this series or the Panthers’ first game in the next round.

No penalty was called when Ekblad hit Hagel in the chin with his right elbow and forearm with just under nine minutes left in the second period on Monday night. Hagel left the ice and did not return, and Ekblad scored the first of two goals in 11 seconds late in the third to give the defending Stanley Cup champions a comeback victory and a 3-1 series lead.

Coach Jon Cooper said Hagel would not play in Game 5. Hagel was suspended for Game 3 for his late hit that knocked Panthers captain Aleksander Barkov out of Game 2.

Ekblad missed the first two games of the playoffs and the final 18 of the regular season after being suspended for violating the league and NHLPA’s performance-enhancing drug policy. Florida got accustomed to playing without Ekblad.

“If it’s the first time it happens, there’s even questions from the coaching staff about what’s the right adjustment to make in your lineup and how will that play out — there’s a lot of unknown,” Panthers coach Paul Maurice said. “Because we’ve been through it so much when Aaron’s out, we know what the D-pairs are — let’s assume — if he’s out of the lineup.”

Another Florida defenseman, Niko Mikkola, was fined $5,000 for boarding Tampa Bay’s Zemgus Girgensons. Mikkola was given a five-minute major and ejected for the play early in the third period of Game 4.

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Sports

Tocchet quits; Canucks 8th team seeking a coach

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Tocchet quits; Canucks 8th team seeking a coach

Add Rick Tocchet to the list of available coaching options on the open market with the Vancouver Canucks announcing Tuesday that Tocchet left the team.

There had been a belief that Tocchet’s time with the Canucks could be coming to an end. Last week saw the discussion of Tocchet’s future with the franchise come under greater focus, with Canucks president of hockey operations Jim Rutherford saying they weren’t exercising their option on Tocchet’s contract before adding that they offered him a new, more lucrative deal to remain in Vancouver.

But now? Tocchet joins the list of sought-after coaching candidates and the Canucks become the eighth NHL team that will use this offseason to go through a coaching search.

“After a very long and thorough process, unfortunately Rick has decided to leave the Vancouver Canucks,” Rutherford said in a statement. “This is very disappointing news, but we respect Rick’s decision to move to a new chapter in his hockey career. We did everything in our power to keep him but at the end of the day, Rick felt he needed a change.”

In the same news conference in which Rutherford said the team offered Tocchet a new deal, he also said that Tocchet “may have his mind somewhere else” before adding that he felt Tocchet and his staff did “a good job coaching this team this year” as they did in their first full campaign.

Tocchet was a midseason hire during the 2022-23 season. His first full year in charge saw the Canucks win 50 games, finish with 109 points and win the Pacific Division. He led the Canucks to their first postseason appearance since the 2019-20 season and was a win away from advancing to the Western Conference finals.

Entering this season, the Canucks had most of their players from their playoff team. They started strong with a 15-8-5 record but encountered numerous on-ice and off-ice problems that would prove too large.

Among them was the friction between star forwards J.T. Miller and Elias Pettersson. The tension between Miller and Pettersson reached a stage in which Canucks captain Quinn Hughes publicly acknowledged there was an issue with Miller and Pettersson denying such issues.

Miller would be traded to the New York Rangers before the trade deadline, and the Canucks struggled to find someone who could replace his production. They would finish six points behind the St. Louis Blues for the final Western Conference wild-card spot.

Still, Tocchet had the support of Hughes, along with others within the organization who wanted him to stay.

As for what it all means going forward for both parties? Tocchet is among those who will join Mike Sullivan, who parted ways with the Pittsburgh Penguins on Monday after winning two Stanley Cups in 10 seasons, as one of the most attractive names for teams seeking a new bench boss.

Then there are the teams that need a coach. It’s a list that includes the Anaheim Ducks, Boston Bruins, Chicago Blackhawks, Rangers, Philadelphia Flyers, Seattle Kraken, plus the Penguins and now the Canucks.

“I’m choosing to move on from the Vancouver Canucks,” Tocchet said. “Family is a priority, and with my contract lapsing, this becomes an opportune time. While I don’t know where I’m headed, or exactly how this will play out for me over the near term, I feel like this is the right time for me to explore other opportunities around hockey.”

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Politics

Crush fly-tippers’ vans, government tells councils

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Crush fly-tippers' vans, government tells councils

The government wants councils to crush more vans used to fly-tip rubbish, as it announces a crackdown on the illegal dumping of waste.

No new funding is being given to local authorities for the initiatives, with ministers saying the seven percent raise announced in the budget can be used.

As part of the announcement, the government has also proposed that fly-tippers could face up to five years in prison, although this would require a change in the law.

Environment Secretary Steve Reed arriving in Downing Street, London, for a Cabinet meeting, ahead of Chancellor of the Exchequer Rachel Reeves delivering her spring statement to MPs in the House of Commons. Picture date: Wednesday March 26, 2025. PA Photo. Photo credit should read: James Manning/PA Wire
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Environment Secretary Steve Reed attacked the Conservatives’ record. Pic: PA

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Environment Secretary Steve Reed said: “Councils will get much more aggressive against fly-tippers and that includes using the latest technology, things like the new mobile CCTV cameras and drones to identify, track and then seize the vehicles that are being used for fly-tipping to a yard like this and crush them.

“That’s both as a punishment for those people who are dumping the rubbish but also as a deterrent for those who are thinking about doing it.”

He added: “We’re also looking to change the law so that those rogue operators who take rubbish from someone’s home and then dump it on a nearby road – they were getting away almost scot-free under the previous government – they will now be looking at potentially five-year prison sentences.”

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The minister claimed the fly-tipping was “out of control” under the last government.

Data from the Department for Environment, Food and Rural Affairs (DEFRA) shows local authorities in England dealt with a record 1.15 million incidents last year – a 20% increase from 2018/19.

Environment Agency chief executive Philip Duffy said: “We’re determined to bring these criminals to justice through tough enforcement action and prosecutions.

“That’s why we support the government’s crackdown on waste criminals, which will ensure we have the right powers to shut rogue operators out of the waste industry.”

However, the Conservatives claimed that rubbish is “piling high” in areas like Birmingham as refuse workers strike against a pay and jobs offer from the Labour-run council.

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Shadow environment secretary Victoria Atkins said: “Wherever Labour is in charge, waste is piling high – like in Birmingham, where Labour’s inability to stand up to their union paymasters has left rat-infested rubbish littered across the street.

“And with statistics showing that of the 50 worst local areas for fly-tipping, 72% are Labour controlled, it is clear that voting Labour gets you rubbish and rats.

“So the British public deserve real action, not this series of reheated announcements and policies already introduced by previous governments that Labour is peddling.”

Liberal Democrat deputy leader Daisy Cooper said: “Under the Conservatives’ watch, local communities have been plagued by a fly-tipping epidemic.

“From overflowing bins to piles of hazardous waste, fly-tipping is blighting our landscapes, poisoning livestock on farming land and causing misery for residents.

“Enough is enough.

“The Liberal Democrats are calling for a fly-tipping fighting fund, to push for stronger local enforcement and tougher penalties for offenders.”

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