WATCH: Diddy Says ‘Billionaire’ Claim Was False

Sean "Diddy" Combs performs onstage during the Bad Boy Family Reunion Tour on October 4, 2016 in Inglewood, California. (Photo by Kevin Winter/Getty)

Sean “Diddy” Combs performs onstage during the Bad Boy Family Reunion Tour on October 4, 2016 in Inglewood, California. (Photo by Kevin Winter/Getty)

Diddy is undoubtedly one of hip-hop’s most successful artists. From owning his own record label and a liquor brand to restaurants and two clothing lines, the man born Sean Combs has given little reason to question his massive net worth. He recently released a “motivational video” on YouTube, where he seemingly delivered the news that rap fans have long waited for: “A young boy from Harlem, I couldn’t even be a waiter. They didn’t want me to be a waiter! So you know what I did? I became a billionaire.”

Many took the video to be an official announcement that Diddy had made history as hip-hop’s first billionaire. However, according to Diddy, that is not actually the case. The mogul took to YouTube again on Wednesday to set the record straight on exactly where his monetary situation is at. “A lot of blogs took that as I had become hip-hop’s first billionaire,” Diddy explains, “that is not the case.” He went on to say that “the race is still on,” and that “any of you hustlers out there can come and get it,” including Jay-Z and Dr. Dre.

Diddy’s current net worth is estimated at $750 million.

“It really ain’t about the money at the end of the day,” Diddy explained, “It’s about the impact that you have on the world. Only speak the truth.” Check out the full video below.

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