The LoveAir Era Is Over: Diddy Parts Ways With $30M Jet While Serving Time Behind Bars

Diddy is officially parting ways with one of the most recognizable symbols of his “Bad Boy” empire.

Recent reports from Business Insider confirm that the music mogul quietly finalized the sale of his luxury Gulfstream G550 in October 2025. While the specific sale price remains under wraps, industry experts note that comparable 2015 models with similar custom finishes typically fetch between $20 million and $30 million on the open market.

The jet, which was frequently spotted at major global events before Diddy’s legal downfall, has already been scrubbed of its former identity. Registration records show the aircraft has been moved from Diddy’s entity, LoveAir LLC, and is now registered in San Marino under the new tail number T7-OKS. Before the keys were handed over to the new owner, the plane was reportedly a significant source of passive income.

While Diddy was incarcerated awaiting trial, the jet was placed on the charter market, reportedly earning millions of dollars in rental fees from high-end clients traveling to destinations like New Zealand and French Polynesia.

The timing of the sale follows a major turning point in Diddy’s federal legal battle. In July 2025, a jury acquitted the mogul of racketeering and sex trafficking charges, but he was convicted on two counts of transportation to engage in prostitution. He is currently serving a 50-month federal prison sentence.

Although the jet was often mentioned in various civil lawsuits as a vehicle used for illicit activity, allegations he has consistently denied, it was never officially seized by the government, allowing him to liquidate the asset privately.

With the jet now off his books, the focus shifts to Diddy’s remaining real estate portfolio. While he still holds two massive properties on Miami’s Star Island, his $61.5 million Beverly Hills mansion was recently pulled from the market in December 2025 after failing to find a buyer.