Diddy parties like a rock star on his yacht in Cannes.

Gentlemen (and ladies who want to share this infinite wisdom with their poorly dressed BFs), THIS is how you rock formal wear. Notice how Diddy isn't wearing pleated khakis and a sports jacket three sizes too big? We're just a little disappointed he didn't add dramatic accessory flare like he's done before, but it's still official: Diddy has more swag molecules running through his body than he knows what to do with. (BTW, that's what's really making his suit shine.)

The "Last Night" singer was snapped looking dapper as hell throwing a party on his yacht in Cannes during the infamous film festival. (We already knew he'd probably throw a baller pool party. Now he's moved on to yachts.) No word on whether it was a superyacht (like Rihanna's fave water transportation), but it's THE Puff Daddy, guys --  it's most likely a super-quadooper yacht built out of priceless diamonds and rare unicorn hairs... or something. Let's just say it's got to be effing epic on that boat! The fact that the guest list included the gorg Cassie and some of the wealthiest people in the world makes Diddy's life even more priceless. We really gotta find richer friends.

Credit: Pacific Coast News