Posted by Robert
Rap News Network
9/17/2003 11:12:22 PM
Tags and topics realted to this article include P. Diddy.
The name of P.Diddy's next MTV show should be called "Making The Money."
He could easily write, direct and star in it.
Sean "P.Diddy" Combs is planning the opening of his clothing line store, Sean John, in Manhattan next spring, and thanks to an LA-based investor, he'll be opening 10 new stores next year.
Other urban designers, including Russell Simmons, have recently sought out cash investors, but P.Diddy apparently has the 'midas' touch.
Ron Burkle of Yucaipa Cos, based in Los Angeles, has invested $100 million in the rap mogul's clothing line, which according to the New York Post, grossed about $300 million last year in sales. Aside from his duties as music producer, rapper, band-maker, and prince of parties, P.Diddy will continue as chairman and chief executive of the clothing company.
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