Hip hop music mogul and businessman Diddy has reportedly spent a cool $40 million dollars on a new mansion estate in Holmby Hills, Los Angeles.
The new home and real estate property, which Sean 'Diddy' Combs dropped big bucks on in the exclusive area of Los Angeles, California - Holmby Hills - is reportedly a 17,000 sq ft European Villa.
The home which is reportedly near celebrity homes in that area of the city, has 8 bedrooms and 11 bathrooms with a 3,000 sq ft guesthouse in the back.
Additionally, the estate includes a large swimming pool (lagoon style) with a grotto, a spa house with a steam room, a massage room, a 35-seat theater, a gym as well as a wine room.
Built only around 6 months ago, the brand new home also sports a beauty salon on its plush real estate which Diddy has reportedly been hunting for in a L.A. for years.
Ironically, one of the homes in the area is Hugh Heffner's Playboy Mansion.