When it comes to living life lavishly, Sean “Diddy” Combs has certainly lived up to the hype. The rapper and producer — who has gone by many names over the years — has amassed an impressive net worth through his many business and entertainment ventures. He’s made sure to live his life so that those riches are front and center, and his private $65 million yacht may be one of the most ostentatious examples of living large.

Sean P. Diddy Combs’ yacht is a classic status symbol

When it comes to wealth, there are only so many ways that the uber-rich can distinguish themselves from the merely extremely wealthy. Status symbols serve that purpose, and a yacht has become one of the most obvious and recognizable symbols of affluence and power. A quick history lesson from Slate tells us that the original term “yacht” referred to light sailboats used to pursue pirates, but times have changed.