Diddy has been revealed to be one of the silent investors behind Elon Musk’s $44 billion purchase of Twitter.
According to TMZPuff invested north of $10 million to get a seat at the table when it comes to the direction of the social media platform.
TMZ‘s sources say Diddy was convinced by the Tesla CEO’s vision for Twitter, leading him to make an eight-figure investment in the company. Other investors outside of Puffy include Saudi Prince Al Waleed bin Talal Al Saud and Twitter co-founder Jack Dorsey.
Diddy and Elon Musk have been spotted hanging out together on more than one occasion this year. They connected at Kanye West’s Donna 2 listening party in Miami in February, as well Dave Chappelle’s infamous Hollywood Bowl show in May.
The news of Diddy’s Twitter investment comes after he was officially declared billionaire, becoming just the third hip-hop artist in history to reach the milestone. His entry into the billionaire boys club was thanks to his lucrative investments in Cîroc, DeLeón Tequila and REVOLT.
The Harlem native is the second richest rap mogul behind JAY-Zthere is currently valued at around $1.5 billion. Kanye previously topped the list with $1.9 billion before adidas terminated their lucrative Yeezy partnership, lowering his net worth to $400 million.
Diddy isn’t the only rapper who would join Elon Musk’s takeover of Twitter. In May, Meek Molle reached out to the billionaire on Twitter asking to invest in the platform, referring to him as his “big homie”. However, it is unclear whether his request was granted.
Snoop Dogg and Icing was also pleasantly surprised by Musk’s first bid to buy Twitter earlier this year, with the latter shares his excitement about potentially having his shadow ban lifted. “Finally free! @elonmusic lift my shadow ban,” he tweeted in April.