Diddy has done it again. The music mogul ranked #3 on Crain's list of top minority-owned companies.

Diddy, the founder and CEO of Bad Boy Worldwide Entertainment Group, has extended his brand across a number of different platforms. His success in the music business has opened other doors for the rapper/producer/executive. Aside from his work as an artist and producer, Diddy has his hands in clothing, film, marketing and advertising, restaurants and even fragrances. Together, Diddy's annual sales exceed $300 million. 

It is an incredible honor to be included among the top three minority owned companies in New York City time and time again," Diddy said in a statement that was released. "Hard work, determination and an unfettered desire to succeed helped me build this company to what it is today. I hope to serve as an example and inspire anyone with a dream to dream bigger and know that they can achieve their goals.

Over the years, Diddy has continued to be a trendsetter, helping to raise the profile of the hip-hop culture in mainstream America. He recently released his sixth studio album entitled "Last Train To Paris," as part of the group Diddy Dirty Money.