The hip-hop mogul has already seen his net worth plummet from $900 million to $400 million, according to one estimate.

Sean “Diddy” Combs dropped to his knees, placed his hands together, and bowed his head moments after the jury found him not guilty of the most serious criminal charges he faced, giving him a second chance at life.

In a split verdict, hip-hop mogul Sean 'Diddy' Combs was found guilty of two of the five charges he faced but was acquitted of the most serious charge, racketeering conspiracy, capping a high-profile trial in Manhattan federal court.