Isn't it ironic that Ray J will probably be the next hiphop billionaire after Kanye.

[R.E.N. Spells Ren]

Ray J’s ScootEbike Projected to Make Over $200 Million in 2020 - Black Enterprise


Plus his rayon headphones are doing pretty well

From that article, he got $34M and 18M of common stock of Loopshare which is currently trading at 0.11.

More power to Ray J, but should chill on the billionaire talk.

 

[Ricardo Mercylago]

Kanye hit it first

 

[Voice of Reason]

Yall think Kanye a legit billionaire ???

As legit of a billionaire as any of these new age social media companies

 

[TELL ME YA CHEESIN FAM?]

Ray J’s ScootEbike Projected to Make Over $200 Million in 2020 - Black Enterprise


Plus his rayon headphones are doing pretty well

Ain't nikkas dying left and right riding em lil shyts?

 

[Tropical Fantasy]

Ray j has a strong business acumen

he was ahead on two types of products and is cashing out

 

[humminbird]

Those raycons actually sell

 

[Crude]

From that article, he got $34M and 18M of common stock of Loopshare which is currently trading at 0.11.

More power to Ray J, but should chill on the billionaire talk.

Props to him I love to see Black folks get money.

My wife and I briefly discussed buying stocks before we got into real estate, but there are to many unknown factors with that and you can lose a lot of money real quick if you aren't careful.

We came to the conclusion neither of us was educated enough about stocks and real estate was a much safer play for us and our money.

 

[jackson35]

he is nowhere close. he owes a lot of people

 

[Sad Bunny]

According to Google Ray J is only worth about 14 million.

How is he flipping that into a billion, I need to know his business strategy.

"Only"

 

[Lootha VanDraws]

"Only"

I'll take that "only", it's way better than OnlyFans

 

[SunZoo]

Raydiation is a classic.

 

[Sad Bunny]

I'll take that "only", it's way better than OnlyFans

 

[PortCityProphet]

Brandy lil brotha?

 

[MikelArteta]

Wait a minute

 

[Crude]

"Only"

Its a lot of money, but thats the type of money you could be broke in a couple of years if you not staying up on your taxes, bills, and investing right.

Being worth 14 million and having 14 million are different as well.

He is probably worth 14 million in assets, that doesn't mean he has 14 million cash laying around in a bank account. That's not how they calculate that. The average nicer house is going to run you 400K or more depending on where you live, when you factor that in with land and property, I'm probably worth 800K to 1.2 M or more if we factoring in houses, property, and other assets.

Makes that 14 million less impressive to me, but its still a lot of money and I'd gladly trade bank accounts with him.