Hey, y'all.

We're not the only one's reeling from the high oil prices.

Things are so bad that Diddy's grounding his private jet.

The multi-hyphenate Dids made the announcement on his YouTube vlog.

Two round-trip flights on his private jet between LA and NY now costs him about $200K.

Absurd, says Diddy!

So, until the oil prices come down, Diddy's only flying commercial

We REALLY feel for you, Dids.

Our heart is breaking.

[Image via Mavrix Online.]

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So, who's got the biggest dick???

According to Forbes….

In the last year alone, Jay-Z released a platinum album and signed a $150 million deal with concert promoter Live Nation for a 10 year contract.

But 50 Cent is laughing all the way to the bank!

After taxes, 50 Cent took in over $100 million when his stake in the high-calorie VitaminWater was bought by Coca-Cola.

In total, he made over $150 million in just 12 months. That's almost double what Jay-Z made last year.

Guess it helps that 50 is also involved with G-Unit clothing, video games, and films!

And, rappers today are starting to diversify more than ever before. It's not just about the music. It's about the music, the movies, clothing lines, endorsement deals. Etc. Etc.

Whatever gets them rich quicker!

After Jay-Z, coming in third on the top of the richest hip-hop artists for 2008 is Diddy - coming in third again for the second year in a row.

Diddy brought in $35 million from all his revenue streams, like his clothing line, record label, reality shows, and the vodka he doesn't like to promote, Ciroc.

And coming in fourth on the list is Kanye West who made $30 million.

Even the rappers who haven't worked in years are making millions just living off their royalties.

Like Dr. Dre who make $15 million last year. Even Tupac brought in about $15 million and he's been dead for over 10 years.

We need to drop our rap album ASAP!

[Image via WENN.]

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Looks like Diddy really thinks highly of himself….in the sack.

During a recent interview, he was asked what his favorite sport was in the Olympics.

To that, he responded with, "Track and field!", which seems normal since he's a runner.

Then, when asked if there was any new Olympic sport he might have a chance of winning, Diddy responded with, "Who could have sex the longest."

Really????

He adds, "I think that's an event I can do well in. And probably who could stay up the longest."

Well, now we know why he has so many kids - and a set of twins.

And, just to make sure we all got his humor, Diddy added, "Just so you know, that's supposed to be funny. Even though I am serious."

Real funny!

[Image via WENN.]

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This must be a big blow for Diddy's ego!

According to the Nielsen ratings, his new VH1 show, I Want To Work For Diddy, averaged just 1.4 million viewers this week, its debut.

Unfortunately for him, he lost the ratings race to Flavor Flav's two-time reject, Tiffany Pollard aka New York.

She kicked Diddy's ass.

We LOVE it.

Rating's for New York's latest "reality" show, New York Goes To Hollywood, brought in over 1.7 million views on VH1.

Diddy just got his ass whooped by a Z-lister!

And they hyped the shit out of his show as well, with commercials and promos everywhere.

Guess people still love watching trainwrecks.

[Image via WENN.]

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Italian clothing designer Roberto Cavalli tells the UK's Observer Food Monthly that Kate Moss does not have "what it takes to be a true star."

He goes on to say he prefers to work with "artists" such as Diddy instead of professional catwalkers because:

"For me, models are just pieces of wood that I carve to make clothes look beautiful. There are thousands of models like all other models. Naomi Campbell is the same way."

He better steer clear of the notorious Naomi!

[Image via Mavrix Online.]

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Careful player haters!

Diddy knows he might raise a few eyebrows by calling his latest men's fragrance I Am King, but he doesn't care.

Why would he when industry sources estimate that the new scent for men will bring in $100 million????!!!!

I Am King is coming out as a Macy’s exclusive in December before going out for wide distribution in February.

Diddy says, “I Am King is a statement about all men. We are all descendents of royalty — and if we carry ourselves and respect ourselves in that manner and believe in ourselves, then we are all kings…It has nothing to do with being arrogant. I Am King is not a statement about myself — I Am King is about every man who is going to go and buy the fragrance.”

Ladies, don't worry — y'all haven't been forgotten! I Am Queen is rolling out in Fall 2009.

Y'all, Diddy's just empowering the rest of us.

Go on with your bad boy self, Dids.

Go on girlfriend!

[Image via Mavrix Online.]

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Thank goodness no one was seriously hurt!

Atlanta area authorities report that gunfire erupted at a celeb-filled party hosted by Janet Jackson's main squeeze, Jermaine Dupri, on Friday night.

Diddy, Nelly, Usher and Tyrese were among the celebs in attendance.

According to reports, the shooting occurred after some patrons were allegedly double-charged by security guards to enter the VIP section of the club.

The nerve!

An unknown male pulled out a gun and began firing shots and a security guard employed by the club was struck in the arm.

However, not a hair on a celeb's head was even touched during the madness.

The security guard was transported to an area hospital, was treated and released.

Authorities said they are still interviewing witnesses to determine the gunman’s identity.

Crazy!!

[Image via WENN.]

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Nelly in another new ad for Diddy's Sean John underwear line.

We still wanna see more undies, though.

U gotta compete with Beckham, bb!

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From rapper to model!

Nelly is the new face (and body) of Diddy's Sean John underwear campaign.

We need to see more of the underwear! Less clothes!

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