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So, we've got this little "controversy" about Diddy owning a jet - or not. I find that most Diddy related controversy or criticism is fueled by a lack of knowledge or research. Alex Rodekrans of Halogen Guides puts to rest claims that Diddy doesn't own a jet.

Now, as a veteran of the rap game, P. Diddy hardly needs our help to brush off the haters, so to speak. However, it pains us to see fractional ownership programs like NetJets so misunderstood in the popular press. NetJets owners are not purchasing time aboard an aircraft, as some suggest. Instead fractional jet holders are the legal owners of a portion of an aircraft, which is then leased back to the fractional company who manages the plane and regulates its use.