March 31, 2024 - Lionel Nation
12:45
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| The more you get into the Diddy case, the more you're fascinated by things that you thought were there, but aren't. | |
| Look at the conversations that Suge Knight has been having with him. | |
| Look at how people are saying, you're a marked man. | |
| And while so many of us have been asking, where does he get this money from? | |
| Where did he get this emane wealth? | |
| Where did all this come from? | |
| Where did it come from? | |
| Then we find out, wait a minute. | |
| He is mortgaged to the hilt. | |
| Who's paying this? | |
| How does he get these mortgages? | |
| What bank is financing this? | |
| Especially now with the lawsuits that are going to be coming out of the woodwork. | |
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| Let us be forensic accountants. | |
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| For those of you like me who said, where does this guy get his money from? | |
| Do these people really own what they say they own? | |
| You know, they claim the Kardashians were billionaires. | |
| It's nonsense! | |
| Everybody's a billionaire! | |
| Everybody's a billionaire. | |
| You know, they talk about these people, billionaires. | |
| He's a billionaire. | |
| I'm not even sure if billionaires are billionaires. | |
| What does that mean? | |
| What kind of liquidity? | |
| Billionaire how? | |
| And look at this. | |
| This just blows me away. | |
| Eight mortgages. | |
| A hundred million dollars. | |
| What is this? | |
| He's borrowed. | |
| $140 million from multiple banks to pay for his property empire. | |
| This, of course, raising questions as to whether he really does have a billion-dollar fortune. | |
| And see, that's the worst thing ever if you call into question his largesse. | |
| It could be the biggest home loan amount ever taken out by a Hollywood star. | |
| As the 54-year-old Diddy Bwadiddy has needed mortgages to fund the purchase of three luxury mansions in L.A. and Miami. | |
| And all three of them were raided on Monday by Homeland Security. | |
| These increasing sexual harassment and rape lawsuits with agents ransacking homes, taking away boxes and bags of evidence. | |
| Oh, dear God. | |
| But he's not arrested. | |
| Nearly $100 million is owed by this man. | |
| $100 million! | |
| Which is due to be paid back within the next few years with one $23 million balloon payment needed to be settled by 2029. | |
| In 2022, Forbes estimated that he, Diddy, who has seven children with four different women, was estimated to be worth a billion dollars. | |
| And by the way, Forbes has always been considered the gold standard of valuation. | |
| He purchased his L.A. home for $39 million in August of 2014. | |
| Situated in this enclave of Holmby Hills. | |
| It has 8 bedrooms, 11 bathrooms. | |
| An underwater swimming tunnel that connects to a grotto. | |
| Oh, my God. | |
| It's the most incredible thing. | |
| He took out two mortgages when he bought the Miami pad owned by Tommy Mottola when he... | |
| I think for $14 million. | |
| And he purchased his L.A. home. | |
| I told you. | |
| It's been saddled with two mortgages from the Bank of America, both for $20 $5 million in 2014 and 2021. | |
| And neither appears to have been in any way paid off. | |
| He also bought side-by-side luxury estates on this Star Island in Miami, both of which were raided this week, of course. | |
| Two mortgages were taken out then when he bought a waterfront nine-bed Twelve baths had in November of 2003 for $14.5 million from Tommy Mottola. | |
| It appears there were financial constraints at the time for him. | |
| As one of the homes, a balloon mortgage for $1.5 million is from previous owner Mottola and had to be paid back within two months. | |
| The second was $7.25 million from City Mortgage. | |
| It's due to be squared up in December of 2033. | |
| And it became more complicated two years later, in February of 2005, when he borrowed a further $22 million from HSBC, and the move was so risky on the bank's part that Diddy had to personally act as a guarantor. | |
| I mean, it just goes to show you. | |
| That this man, this, this, more questions. | |
| How does he, how did he, how do you get away with this? | |
| I mean, seriously, this, and a lot of other people are thinking, they're going to find out about us too. | |
| You're going to find out. | |
| Ultimately, this guy's going to be worth nothing. | |
| And then when they throw his ass in prison, Based upon these weird calls he's getting from Suge Knight, oh my God! | |
| Why? | |
| Why? | |
| What happened? | |
| Whom did he piss off? | |
| I can sit with you and we can write possibilities and we can write... | |
| But the good news is... | |
| The good news is for us once and for all to realize these lies, these lies of who owns this. | |
| How is it? | |
| How can anyone? | |
| You've got to wonder what collateral is pledged? | |
| Who has in terms of who perfects these liens and these mortgages? | |
| And in the event of his going belly up or bankrupt, and I'm telling you, he is going to be, because now that they smell blood, it's going to be, they're going to start seizing things to make sure he has enough money to secure potential payouts and the like. | |
| And I'm telling you, and they're going to run for the hills. | |
| And they're going to pick him apart. | |
| Pick it apart. | |
| And the best part is... | |
| Out of all these despots, he's probably the least of the problems. | |
| He's the least. | |
| Wait till they look into things like Jay-Z. | |
| Wait till somebody really asks the question. | |
| This is my favorite. | |
| What is Oprah about? | |
| Where is this Oprah? | |
| What has she done? | |
| What? | |
| You know, Tyler Perry, people can say, well, you know, he's buying all this property, but at least he does movies, maybe you can say the Medea, I don't know. | |
| There's something. | |
| The number of billionaires, it's one thing if you're, you know, Elon Musk, but did he? | |
| And what happens if they abstain him? | |
| Don't think for a moment. | |
| He is somehow beyond that treatment. | |
| Don't think. | |
| For a moment that he is somehow not entitled to the same ignominy of an untimely dispatch. | |
| You think I'm kidding? | |
| You think I'm exaggerating? | |
| This is, this is, this is, this I never knew. | |
| And to get this fascinating, and how... | |
| How the media are just circling him like sharks. | |
| What do you think, dear friends? | |
| Thank you so much for watching. | |
| Thank you so much for being a part of this. | |
| And I would love you, first of all, I'd like you to subscribe to the channel. | |
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