Hip-hop mogul Sean “Diddy” Combs has put his luxurious Holmby Hills estate in Los Angeles on the market for a staggering $61.5 million, according to sources.
The decision to sell the mansion comes as Combs, 54, continues to navigate a federal criminal investigation that has been ongoing for months. In March, agents from the Department of Homeland Security descended upon Combs’ Los Angeles home, as well as his Miami waterfront property, in a series of high-profile raids.
Despite the dramatic nature of the raids, authorities have remained tight-lipped about the potential charges Combs may be facing. The music producer has been informed that he is the subject of a federal investigation, but details remain scarce.
The raids coincided with a growing list of civil lawsuits filed against Combs, alleging decades of abuse and sexual assault. The allegations span over 30 years and have sparked widespread attention. Combs has vehemently denied all claims, but the controversy has undoubtedly cast a shadow over his personal and professional life.
The sale of his Holmby Hills mansion is seen as a strategic move by Combs, who is likely seeking to distance himself from the negative attention surrounding his properties. Insiders close to the music mogul suggest that the sale was not unexpected, given the circumstances.
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