The rap superstar flashes his bling, drives fast cars and cavorts with beautiful women as he joins forces with the singer in Hello, Good Morning, which also features Rick Ross, Swiss Beatz, Dawn Richard and Kalenna.
It is the third single to come from his Last Train to Paris album that will revolve around a narrative that follows the hip-hop mogul as he embarks on a journey to reunite with a would-be love.
The Diddy-Dirty Money video follows clips for the singles Loves Comes Down and Angels.
Of the long-awaited album, Diddy previously told MTV: "We're just trying to roll it out properly.
"I wanted a chance to lay out songs for you. A lot of singles we putting out now - that's the introduction.
"We didn't even get to that Train music. We're hitting you with warning shots, letting you know we're here."
