Sean 'Diddy' Combs: Money, fame and success 'didn't mean anything' after death of Biggie Smalls

The music mogul opened up in an interview with "GMA."

"I wanted to make sure, like, that this dream meant something at the end of the day because, you know, this young man, you know, lost his life throughout this journey," Combs, who was ranked Forbes' highest-paid celebrity this year, said.

The memory of the late rapper looms large over a new documentary film that Combs is producing, which focuses on the beginnings of his own career, when he founded the label "Bad Boy" records in 1993.

The Harlem, New York, native's current empire spans from fashion labels to premium liquor brands, and the powerful documentary, "Can't Stop Won't Stop: A Bad Boy Story," gives fans an intimate glimpse into how it all began.

Diddy said if there was one piece of advice he would give to his fans now, it would it would be to educate yourself.

"That's why I want to make sure that I could do anything I can to provide the infrastructure to make sure that people get educated," Combs added. "You can't rise in this game if you don't have the education."