Back in late September of last year, Chris Brown was handed down a $2 million dollar lawsuit from Popeyes. The fast-food chicken establishment has become a staple in the business even with its fellow counterparts like KFC, Church’s, and more. It is part of the reason why the R&B superstar invested in two locations. However, he has not held up his end of the deal as according to the documents from City National Bank. Brown owed $22,140,901.74 in unpaid principal and interest. The lawsuit was filed in California. The singer still has not fulfilled that request about six months later, meaning the consequences are now more serious.
This latest update comes from The Neighborhood Talk and Hollywood Unlocked. They both report that he has exactly 30 days to pay back the outstanding debt. However, instead of just forking over money, Brown could be in danger of losing some of his prized possessions. Those include his home, wages, and money.
All three assets would help pay back the balance. On top of that, the court could do so without notifying Brown. “This court may order that a writ of execution or other enforcement may issue. Your wages, money, and property could be taken without further warning from the court,” the filing reads. In Hollywood Unlocked‘s piece, they reported that the new amount is $1,760,654.11. That information came through from BNN.
What are your thoughts on Chris Brown’s massive amount of debt he owes to Popeyes? How do you think this will play out? Why do you think he got behind by so much? We would like to hear what you have to say, so be sure to leave your takes in the comments section. Additionally, always keep it locked in with HNHH for all of the latest news surrounding Chris Brown. Finally, stay with us for everything else going on around the world of music.
It’s no secret that Rick Ross has a lot of cash, but evidently, he hasn’t made it all purely from his music career. During a recent chat with Dwyane Wade on The Why podcast, he chatted about investing, revealing that he’s always had a strong sense of where to put his money. In the clip, he explains that his sprawling 120-room “Promise Land” estate in Fayetteville, GA was purchased for only $5.9 million. While that’s certainly no measly chunk of change, it’s just a drop in the bucket of what it’s currently worth.
“When I bought the Promise Land I paid $5.9 million for it,” he explains. “It was estimated at over $30 million the last time we had it [appraised].” Not everybody saw Ross’ vision at first, however. According to him, his mother Tommie Roberts wasn’t convinced that the property was a wise purchase. “She’s like, ‘Will, the house got a damn 120 rooms. What the hell are you gonna do with 120 rooms?’”
Luckily, Rick Ross knew that his mother would see the bigger picture eventually. “I knew as long as I had that conversation with her I could convince her… She’s got my back regardless,” he says. “When she stopped questioning me and just looking at me… Because I don’t know, I don’t have the answer every time.” Clearly, Rick Ross had the answer at least that time, as his property is now worth nearly five times as much as what he originally paid for it.
What do you think of Rick Ross revealing that his property in Georgia is now worth nearly five times as much as he paid for it? Are you surprised? What about his mother questioning the purchase in the beginning? Share your thoughts in the comments section down below, and keep an eye on HNHH for more updates.
Born Hakeem Seriki in 1979, Chamillionaire is an American rapper, entrepreneur, and investor. The Houston native first emerged in the early 2000s with his unique fusion of Southern hip-hop and energetic, catchy hooks. He became an influential figure in the rap scene, making a significant impact with his debut album The Sound of Revenge in 2005.
The rapper’s unique talents have earned him a net worth of approximately $50 million in 2024, according to Wealthy Gorilla.
Building His Music Empire
(Photo by Jerritt Clark/Getty Images)
Chamillionaire’s success didn’t come overnight. He spent years honing his craft, performing with local acts, and collaborating with fellow Texan artist Paul Wall. Their combined efforts culminated in the release of Get Ya Mind Correct, an album that garnered critical acclaim and commercial success.
However, it was Chamillionaire’s solo career that skyrocketed his fame and fortune. His hit single “Ridin’,” featuring Krayzie Bone, topped the charts. Then, it won a Grammy Award for Best Rap Performance by a Duo or Group in 2007. This success opened the door for Chamillionaire to work with industry heavyweights like Lil Wayne, Snoop Dogg, and Ludacris.
Chamillionaire: Venturing Into Entrepreneurship
(Photo by Andy Sheppard/Redferns)
Chamillionaire’s net worth of $50 million is not only a result of his musical prowess but also his business acumen. In addition to his music career, he has dabbled in various entrepreneurial ventures. These efforts include founding his record label, Chamillitary Entertainment, and investing in technology startups.
In 2009, Chamillionaire co-founded the now-defunct Fly Rydes, a custom car accessory shop in Houston. Although this venture did not last, his interest in entrepreneurship continued to grow, leading him to explore opportunities in the tech industry.
Investing In The Tech World
(Photo by John Sciulli/WireImage)
Chamillionaire has a keen eye for identifying promising tech startups and investing in their growth. In 2015, he joined the prestigious Upfront Ventures, a Los Angeles-based venture capital firm, as an Entrepreneur-in-Residence. This role allowed him to scout for potential investments and advise companies in the firm’s portfolio.
Some of his notable investments include the ride-sharing giant Lyft, and the revolutionary smart doorbell company, Ring (acquired by Amazon for over $1 billion). These successful investments have contributed significantly to Chamillionaire’s net worth.
Chamillionaire’s Philanthropy
(Photo by Jeff Kravitz/FilmMagic)
Not one to forget his roots, Chamillionaire remains committed to giving back to his community. He frequently uses his platform to raise awareness and funds for various charitable causes. For example, he raised awareness for disaster relief efforts in the wake of Hurricane Harvey and supported organizations that promote education, empowerment, and social justice.
Conclusion/TLDR
With a net worth of $50 million in 2024, Chamillionaire stands as a testament to the power of hard work, dedication, and diversified business interests. From dominating the music charts to making strategic investments in the tech industry, Chamillionaire has built an empire that continues to thrive. As he remains active in both the music and business worlds, it’s clear that his net worth will only continue to grow in the years to come.
Chicago rapper Lil Durk finds himself entangled in a legal battle with Exceed Talent Capital. The startup claims the artist committed “fraud” by granting song rights to two different companies. The lawsuit alleges that Lil Durk’s actions resulted in over $12 million in damages for the firm. The lawsuit contends that Lil Durk entered into an agreement with Alamo Records long before his association with Exceed. Implying that the assertions and guarantees made in the contract with Exceed were deliberately false when they were initially presented by the defendants.
Furthermore, Exceed says that it paid Lil Durk for the exclusive rights to transform his track “Bedtime” into a fractional investment opportunity. However, the startup claimed to be blindsided when it discovered that the rapper had an exclusive deal with Alamo Records. The lawsuit contends that despite contractual assurances from Durk regarding his rights to the recording, it was revealed that he had already assigned those exact rights to a third party. The fintech startup found out of the discrepancy when Alamo Records issued a cease-and-desist letter to Exceed Talent Capital in May. The label informed them that Durk was under an exclusive recording agreement. Emphasizing that he had no authority to sell his recording royalties to any other entity.
ATLANTA, GEORGIA – OCTOBER 25: Rapper Lil Durk performs during Morehouse & Spelman College Homecoming 2023 at Morehouse College on October 25, 2023 in Atlanta, Georgia. (Photo by Prince Williams/WireImage)
Faced with this legal hurdle, Exceed demanded that Lil Durk find the situation or refund the $450,000 already paid. However, according to the lawsuit, the rapper allegedly ignored these pleas. The fallout from this legal affair proved costly for Exceed Talent Capital. The lawsuit claims that the startup had to cancel the sale after already investing “significant time, effort, and financial resources.” They also had to go through the trouble of securing approval from the Securities and Exchange Commission. The damages are estimated to exceed a staggering $12 million, leaving Exceed in a precarious position.
Ironically, Lil Durk has enjoyed success on the charts. Reaching No. 2 on the Hot 100 earlier this year with “All My Life.” However, his alleged behind-the-scenes maneuvers have sparked legal turmoil. Moreover, the alleged fraudulent actions surrounding the song rights of “Bedtime” have jeopardized Exceed Talent Capital’s financial standing. But, it also raised questions about the transparency and contractual obligations within the music business. The fallout from this lawsuit could have lasting implications for both the artist and the broader landscape of artist-fintech relationships.
Fetty Wap says he decided to turn to drug dealing for money when his popularity in hip-hop began to decline. Speaking with XXL for a candid new interview, he admitted that he made the “cowardly” decision, rather than “going harder to make people listen.”
“Nobody made me do it. Nobody forced me to do it,” he admitted. “When I put myself in that situation, I ain’t really think for the long run. I’m thinking I could just run up a few million dollars, and I’m gon’ be good forever. When I wanted to start doing shit, this is what I know how to do. It was like, ‘I’m being honest with myself.’ Like, ‘Aight, the music wasn’t really doin’ that good’…. Instead of pursuing my career harder or going harder to make people listen, I was a coward… and I was just like, ‘I can’t let my family down.’”
NEW YORK, NEW YORK – OCTOBER 12: Fetty Wap performs during the 2019 Rolling Loud music festival at Citi Field on October 12, 2019 in New York City. (Photo by Steven Ferdman/Getty Images)
Fetty added that, regardless of his incarceration, he’s still sticking to his word and taking care of his family. He explained: “It was like, ‘Man, like, I got y’all [my family]. I’m never gonna let y’all fail.’ But if I gotta be away for however long, y’all gon’ be good no matter what. Personally, I feel like I stuck to my word. I tell people all the time I’m in jail. I’m locked up, but I’m not fucked up. I’m takin’ care of my whole family from jail still. That shit don’t stop. I mean, what I was doing stopped. Let me clear that up. But as far as takin’ care of my family, I found different outlets in here. Different people that helped me.”
Elsewhere in the interview, Fetty explained that 50 Cent helped show him other ways to stay financially stable legally. “He started showing me different ways, like shit to invest in,” he recalled. After being arrested in 2021, Fetty pleaded guilty to conspiracy to possess and distribute 500 grams or more of cocaine a year later. Be on the lookout for further updates on Fetty Wap on HotNewHipHop.
Fabolous is an artist who has been extremely successful over the years. Although as someone with money, there are those who seek some of that green. Recently, it was revealed that DJ Envy had actually called Fab about potentially investing in real estate. However, as we know now, the real estate investments that Envy was touting weren’t too great. Instead, his business partner Cesar Pina has been arrested on wire fraud charges. Furthermore, some are accusing Envy of being the catalyst for a lot of Pina’s success.
That said, those who were approached by Envy, are now speaking out. For instance, Jeremy Hecht of HipHopDX recently spoke to Fab and asked him about the call with Envy. In the video below, you can see how that conversation went down. In Fab’s mind, he never thought it was a scam or some sort of fraud scheme. Instead, it was just someone presenting an opportunity. Regardless, Fabolous was never all that interested.
“He was tellin’ me about some real estate stuff,” Fabolous recalled. “I’m just a guy that gotta see things through a little bit more. I don’t just get hyped at … y’know, it be a lotta ‘get money’ — I don’t want to call it a scam or a scheme — but a lotta ‘get money’ ideas that come to you, so I just gotta see ’em through. So even with that phone call, I was like, ‘Aight,’ but I wasn’t like, ‘Sign me up, [who] do I give my money to?’ Y’know what I mean, and I didn’t really hear back from [him].”
As we know by now, Joe Budden was also approached. However, he immediately told Envy he would go to jail for this scheme. Let us know what you think of the DJ Envy situation, in the comments section below. Additionally, stay tuned to HNHH for the latest news and updates from around the music world. We will always keep you informed on all of your favorite artists.
Rick Ross is known for calling himself “the boss,” and for good reason. Overall, he has signed numerous artists to his label over the years. Of course, his most famous would Meek Mill. In fact, he and Meek are going to be dropping a joint project soon, and fans loved it. Additionally, they dropped a single from the album just last week, simply called “Shaq & Kobe.” It was a great some between these two, and fans are very excited about what a new collaborative tape will bring.
Over the course of the past week, Ross has been on a bit of a press run. For instance, he recently did an interview with Ebro. During this interview, he touched on a plethora of topics, including drug addiction and having to take medication for lean abuse. However, he also spoke about his wild spending habits. For instance, Rick Ross revealed that he has spent $100 million in the last six months. Fans could hardly believe this, although Ross is saying it is true. In a new video, he made sure to clarify his remarks.
As you will hear, Ross says that there is a big difference between spending $100 million and making $100 million. Needless to say, this is a not-so-subtle flex of his wealth. Moreover, he notes that $100 million of that could simply be investments. However, he did joke at the end that it could also be $50 million of investments and $50 million of raw spending. Whatever the case may be, there is no doubt that Ross has a lot of money, and he is not afraid to flaunt that.
Let us know what you think of Ross and this massive display of wealth, in the comments section below. Is it too much? Additionally, stay tuned to HNHH for the latest news and updates from around the music world. We will always be sure to keep you informed.
Snoop Dogg quietly backed out of his partnership with Indonesian businessman Michael Riady for the premium coffee brand INDOxyz, earlier this year. According to Page Six, his exit came just months after teaming up. He helped launch the premium coffee brand in March and was out of the company by the start of the summer.
Snoop apparently backed out amid issues involving Riady’s management and the company went under in just two months. “It took 16 days to do their investigation… Snoop and his team left the company, dropping all ownership and stake in the company… and they did not offer a reason,” a source told Page Six.
NEWARK, NEW JERSEY – AUGUST 28: Snoop Dogg attends the 2022 MTV VMAs at Prudential Center on August 28, 2022 in Newark, New Jersey. (Photo by Kevin Mazur/Getty Images for MTV/Paramount Global)
The brand’s president, Elbert Song, also commented on the situation to the outlet. “Working with Snoop and his incredible team on the launch of Indo was an amazing experience. I’m disappointed to see that journey end, but am excited to support a new venture, Flowin Coffee with female founder Tamie Tran,” he said. According to Page Six’s source, Riady has been telling people the split stemmed from a disagreement over what music to use to promote the brand.
Snoop Dogg recently discussed how he decides on which brands to work with during an interview with Distractify. He told the outlet: “I ain’t exclusive to nobody but me. Now if I’m exclusive to you, believe me, you [are going to give] me a motherf–king bag or piece of the company. That’s just always been my rule. Because I feel like you own me now — if I got to be exclusive to you, then you own me. So if you’re going to own me, I need to own a piece of this.” Elsewhere in the interview, Snoop mentioned wanting to host a children’s TV series.
Born Hakeem Seriki in 1979, Chamillionaire is an American rapper, entrepreneur, and investor. The Houston native first emerged in the early 2000s with his unique fusion of Southern hip-hop and energetic, catchy hooks. He became an influential figure in the rap scene, making a significant impact with his debut album The Sound of Revenge in 2005.
The rapper’s unique talents have earned him a net worth of approximately $50 million in 2023, according to Wealthy Gorilla.
Building His Music Empire
(Photo by Jerritt Clark/Getty Images)
Chamillionaire’s success didn’t come overnight. He spent years honing his craft, performing with local acts, and collaborating with fellow Texan artist Paul Wall. Their combined efforts culminated in the release of Get Ya Mind Correct, an album that garnered critical acclaim and commercial success.
However, it was Chamillionaire’s solo career that skyrocketed his fame and fortune. His hit single “Ridin’,” featuring Krayzie Bone, topped the charts. Then, it won a Grammy Award for Best Rap Performance by a Duo or Group in 2007. This success opened the door for Chamillionaire to work with industry heavyweights like Lil Wayne, Snoop Dogg, and Ludacris.
Chamillionaire: Venturing Into Entrepreneurship
(Photo by Andy Sheppard/Redferns)
Chamillionaire’s net worth of $50 million is not only a result of his musical prowess but also his business acumen. In addition to his music career, he has dabbled in various entrepreneurial ventures. These efforts include founding his record label, Chamillitary Entertainment, and investing in technology startups.
In 2009, Chamillionaire co-founded the now-defunct Fly Rydes, a custom car accessory shop in Houston. Although this venture did not last, his interest in entrepreneurship continued to grow, leading him to explore opportunities in the tech industry.
Investing In The Tech World
(Photo by John Sciulli/WireImage)
Chamillionaire has a keen eye for identifying promising tech startups and investing in their growth. In 2015, he joined the prestigious Upfront Ventures, a Los Angeles-based venture capital firm, as an Entrepreneur-in-Residence. This role allowed him to scout for potential investments and advise companies in the firm’s portfolio.
Some of his notable investments include the ride-sharing giant Lyft, and the revolutionary smart doorbell company, Ring (acquired by Amazon for over $1 billion). These successful investments have contributed significantly to Chamillionaire’s net worth.
Chamillionaire’s Philanthropy
(Photo by Jeff Kravitz/FilmMagic)
Not one to forget his roots, Chamillionaire remains committed to giving back to his community. He frequently uses his platform to raise awareness and funds for various charitable causes. For example, he raised awareness for disaster relief efforts in the wake of Hurricane Harvey and supported organizations that promote education, empowerment, and social justice.
Conclusion/TLDR
With a net worth of $50 million in 2023, Chamillionaire stands as a testament to the power of hard work, dedication, and diversified business interests. From dominating the music charts to making strategic investments in the tech industry, Chamillionaire has built an empire that continues to thrive. As he remains active in both the music and business worlds, it’s clear that his net worth will only continue to grow in the years to come.
Generally, when you think of athletes, you only think of the sports they play. However, many invest in brands and deals to diversify their financial portfolio. For that reason alone, many athletes own franchises in the food industry. We have sports stars with their own restaurants, but today we are here to discuss franchise owners. You may recognize a few faces as they are constantly associated with these companies. Additionally, you may be unaware that these athletes are so invested in the food industry.
Peyton Manning: Papa Johns
MIAMI GARDENS, FL – FEBRUARY 02: Peyton Manning #18 of the Indianapolis Colts looks on during Super Bowl XLIV Media Day at Sun Life Stadium on February 2, 2010 in Miami Gardens, Florida. (Photo by Scott Halleran/Getty Images)
Peyton Manning is one of the most recognizable faces for one of America’s top pizza chains. Manning was once a spokesperson for Papa John’s and would go on to star in many commercials for the company. He owned 31 Denver-area locations from 2012 to 2018. He said about his business venture: “It’s a smart investment now and will be long after I’m done playing football.” As of 2018, Manning cut ties with the company for reasons unknown, but the speculated reasons come from the controversy of Papa John’s founder John Schnatter.
Dree Brews: Jimmy Johns and Dunkin’
NEW ORLEANS, LOUISIANA – OCTOBER 25: Drew Brees #9 of the New Orleans Saints reacts against the Carolina Panthers during a game at the Mercedes-Benz Superdome on October 25, 2020 in New Orleans, Louisiana. (Photo by Jonathan Bachman/Getty Images)
Brees retired as the New Orleans Saints quarterback in 2021. However, the football star has made significant investments in franchises over the years. Making a big name for himself, Brees has a wide-ranging portfolio of franchises that he has invested in. Those franchises include Jimmy John’s, Dunkin’, Five Guys, and many others. He has a total of nine Jimmy John’s restaurants and 69 units of Dunkin’. More recently, Brees has invested in 85 Everbowl locations and is co-owner and partner of Walk-On’s Sports Bistreaux.
Vernon Davis & Mohamed Sanu: Jamba Juice
RICHMOND, VIRGINIA – APRIL 02: Former NFL player Vernon Davis and honorary pace car driver speaks to the media during a press conference prior to the NASCAR Cup Series Toyota Owners 400 at Richmond Raceway on April 02, 2023 in Richmond, Virginia. (Photo by Jared C. Tilton/Getty Images)
Both players have invested in the company Jamba Juice, and each has several locations. Vernon Davis, former Washington Redskins tight end, owns five locations in Northern California and another in Northern Virginia with Mohamed Sanu. The latter also partnered with Davis to be a franchisee for Jamba Juice. Both have expressed the importance and value of franchising a business.
Davis had this to say about Jamba Juice: “Jamba Juice is an iconic brand that, like me, cares about helping others live a healthier, higher quality life.” Further, “I honestly couldn’t be more excited about partnering with Mohamed, expanding my relationship with Jamba Juice and, of course, bringing more of the fresh fruit and vegetable goodness of Jamba to my hometown.”
Sanu added, “Over the past decade or so, pro athletes have become a rising presence in the franchise world. We’re executors who are comfortable working within the confines of an established system and executing a playbook. Like an athlete, a franchisee has to come in and execute the game plan.”
Kris Brown: Dunkin’
DALLAS, TX – FEBRUARY 04: NFL player Kris Brown of the Dallas Cowboys attends The Black Eyed Peas Super Bowl Party presented by Sports Illustrated and Bacardi at Music Hall At Fair Park on February 4, 2011 in Dallas, Texas. (Photo by Tiffany Rose/Getty Images for Capital A)
Brown is a retired NFL player who was a member of the Dallas Cowboys. He decided to switch to franchising, particularly with Dunkin’. He has territorial rights for markets in Omaha and Kansas City. Additionally, Brown is currently the owner and CEO of the Berlin Group. It is a franchisee group that owns 12 Dunkin’ locations throughout the Midwest and is set to have 21 locations total in the future..
In an interview with Insider, Brown said, “Going from sports to franchising was a natural transition.” He added, “There are a lot of qualities you must have to succeed as an athlete. You have to know how to work and work hard, but running a franchise is really about following the operational manual, which tells you, ‘This is how to run the business.’”
Cory Stillman & Don Davey: Firehouse Subs
RALEIGH, NC – MARCH 03: Cory Stillman #61 of the Carolina Hurricanes poses for a headsot prior to an NHL game against the Buffalo Sabres on March 3, 2011 at RBC Center in Raleigh, North Carolina. (Photo by Gregg Forwerck/NHLI via Getty Images)
Cory Stillman was a former NHL Carolina Hurricanes player who has invested in owning Firehouse Subs. His first location opened in 2016 in Whitby, Ontario. Former Jacksonville Jaguars star Don Davey also invested in Firehouse Subs, but much earlier than Stillman. Davey would open his first location in 2002. Stillman currently owns three locations, all in the Ontario area. Davey would grow to have 10 more sites since. At the moment, Davey owns 12 locations in Central Florida and three in Wisconsin and — with his team — manages an area that includes 14 independent franchises all over Wisconsin.
Final Thoughts
Investing in franchises is the best financial move for many athletes. They tend to lean toward those that hold value to them and their family. Athletes who have franchised restaurants seem happy and decide this was the best move. Many more athletes should consider making this business move as a positive investment.
