Diddy is quite the businessman. Just after announcing the launch of his REVOLT network which will focus on social media including programming from music videos, live performances, and interview. This hip hop mogul snags an Oscar for his role as executive producer of documentary film "Undefeated".
Diddy later tweeted, "God is the greatest!!!! Thank you! #undefeated !!!!," he tweeted after the win. "I am buggin."