P. Diddy To Tone Down Bling And Fashion During Financial Problems

P. Diddy says he will tone down his extravagant bling and fashion sense in the coming months, when the global economic crisis hits hard - so as to not "rub it in" to those with less money.

Talking to Page Six, Combs could be heard saying: "It's one thing to be stylish; it's another to be over the top. You gotta know when to hold back and not rub it in."

Speaking of splashing out, Diddy recently handed over $750,000 (around £500,000) to film an audition tape in his bid to play the next James Bond.

You can read more about the tape here.