He may not have graduated from college, but music mogul and businessman Sean "P.Diddy" Combs was awarded an honorary doctorate at Howard University on Saturday.

The Daily Mail reports that the 44-year-old celebrity actually attended Howard University for two years before dropping out in pursuit of his now undeniably successful music career.

During his speech that took place in Washington, D.C. at the historic H.B.C.U, Diddy exclaimed, 'I am a unicorn. You are a unicorn. We are unicorns.'

This somewhat bizarre description was in reference to Comb's overall message that the students of Howard University are magical creatures who all possess the power to change the world and make their dreams come true.

'Howard University didn't just change my life -- it entered my soul, my heart, my being and my spirit," he continued.

After the celebratory occasion, Diddy flooded his Instagram timeline with photos from the graduation and also tweeted, "I am Humbled & Honored!!"

Although he did not receive his official graduation diploma, Combs' success story proves to be an inspiration for many, making it understandable why he was chosen as a guest speaker for the Howard University Graduation ceremony.

Diddy recently topped Forbes' "Top 5 Wealthiest Hip-Hop Artists of 2014" list with an estimated fortune of $700 million. Much of Diddy's success can be attributed to his projects geared towards helping the younger generation.

His "Citizen Change" project encourages young people to get out and vote and became extremely influential in getting current President Barack Obama elected in his first term.

Towards the end of his speech, Diddy left the Howard students with some sound advice.

"One day, you're going to be sitting in the dark like I was, thinking, 'What am I going to do?' In that moment, I want you to remember the power in you."

"Nobody is going to take you to the front of the line -- you need to push to the front of the line."