A story hit a few days back claiming that Diddy had become Hip Hop’s first billionaire (Dre isn’t quite there yet!)…. However, Diddy has retracted that and says it was a misunderstanding.

He gave a video to explain and honestly it’s humble, seems truthful and well worth a watch!

Hey guys I appreciate the congratulations but it's a little bit premature I still have a lot of work to do. At the end of the day it's not about the money it's about the impact that you have on the world! Money doesn't make you rich but it sure does pay the bills! Love to all my entrepreneurs and fellow hustlers out there. Keep Grinding and taking care your family's. And of course keep God first above anything!

A post shared by DIDDY (@diddy) on Feb 22, 2017 at 2:53pm PST