Disgraced mogul Sean 'Diddy' Combs has sold his majority stake in his media company Revolt amid mounting sexual assault lawsuits and a federal sex-trafficking probe.
Samuels also divulged that the hip-hop star had 'agreed to start the process of separation' back in January as his legal woes worsened. Read More Inside Diddy's 'toxic' work environment as former employees describe 'erratic and threatening' behavior while hip-hop star faces seven sexual assault lawsuits In May, a horrifying video was released showing Diddy physically assaulting his then-girlfriend Cassie Ventura in a hotel hallway in 2016.
The company rep continued: 'As the company continues to pioneer a new era of entertainment that empowers creators and establishes a new media model, this transformative structure ensures that the employees who are driving the company’s growth also have the opportunity to benefit from its success.' The 54-year-old rapper 'temporarily' stepped down as Revolt chairman in November 2023 but in March it was claimed by TMZ that Diddy had sold his shares to a mystery buyer for an undisclosed fee; seen in 2014
Diddy was neither detained or arrested during the raids and he's denied the allegations made against him.