Diddy Gives Back $2 Million To Black Initiatives: Report

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Invest Fest 2023
ATLANTA, GEORGIA - AUGUST 26: (L-R) Troy Millings, Sean "Diddy" Combs and Rashad Bilal onstage during Day 1 of 2023 Invest Fest at Georgia World Congress Center on August 26, 2023 in Atlanta, Georgia. (Photo by Paras Griffin/Getty Images)
Diddy is always helping others and making big moves.

Diddy is possibly the most successful entrepreneur and investor in the history of hip-hop. This past weekend, the man worth an estimated $930 million, according to Forbes as of 2023, just made two more incredible donations to two Black initiatives. The media superstar made a trip to Atlanta to join the panel at an event called Invest Fest. It was a two-day event that was held at the Georgia World Congress Center and hosted by Earn Your Leisure. The topics covered ranged all over from crypto to real estate to stocks and more were covered by various successful business people.

The newly named LOVE (Diddy) made his appearance at the event that looks to help up-and-coming Black entrepreneurs. However, he did not simply offer his time to answer some questions. Diddy decided to put financial backing into Earn Your Leisure. To be exact, $1 million went to the company and Diddy had this to say about it. "I'm thrilled to join forces with Earn Your Leisure. We're going beyond discussing finances and taking action to demystify the world of investing for our community." Furthermore, any profits from this will go toward his three charter schools on the East Coast.

Diddy Supports Jackson State

However, Diddy did not stop there. His next stop took him to Jackson, Mississippi where he attended a Jackson State University cricket match. He made a promise to this HBCU (Historically Black Colleges and Universities) last year, saying he would donate money to the football program. He kept his word true by giving back $1 million as well. Diddy commented, "Supporting historically Black colleges and universities is crucial to preserving their legacy and ensuring they continue to change lives. This donation to Jackson State is not just a financial contribution, it's an investment in the future of our culture." Big moves!" Big moves indeed for Diddy, as this comes a few weeks before the release of his next project The Love Album: Off The Grid.

What are your thoughts on Diddy investing $2 million total to Jackson State and Earn Your Leisure? Is Diddy the biggest entrepreneur in hip-hop history? What do you think is the most important investment he has ever made? We want to hear what you have to say, so be sure to leave all of your thoughts and opinions in the comments section below. Additionally, always keep it locked in with HNHH for all of the latest breaking news around the music world.

About The Author
Zachary Horvath is one of the Music Freelance News Writers at HotNewHipHop and has held that title since August 2023. Prior to this position, he held another freelance gig covering local high school football, girls and boys varsity basketball, in addition to recapping Cleveland Cavaliers games remotely. He's taken the previous experience and used it to become a jack of all trades at HotNewHipHop. Zach has thoroughly enjoyed tackling some of the trending topics in sports, with a larger focus on hip-hop and pop culture. Some of those include Bronny James's draft stock, a multitude of angles swirling around the Drake and Kendrick Lamar beef, as well as Diddy's arrest and lawsuits. Separate from the headlines that everyone wants to hear about, he was fortunate enough to help spread Zaytoven's current thoughts at the time around mid-December in 2023. Even though being able to give his expertise on these stories is fulfilling, being able to share his passion for releases trumps that ever so slightly. Having the chance to express his excitement indirectly about what he thinks our readers should be checking out/revisiting grows his passion for writing that much more.
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