In a recent interview with Shannon Sharpeand his Club Shay Shay podcast, former Migos member Offset disclosed that an investment he made with $245,000 brought him back $700 million.
Offset is the latest person to sit down with the NFL Hall of Famer, and Sharpe asks him about his investments and questions the rapper about how he delegates where his money goes. As he goes into the conversation about his great investment, he admits to Sharpe that he has never spoken about it publicly and says he can’t talk about it. Yet, he then tells the former athlete that his investment involves the avatars on his phone. He proceeds to credit his mother for getting him involved in the investment.
“I had actually listened to my momma to this. So the dude was here in LA in Chinatown, and he was working out of his little apartment. She brought me to his apartment. And then, He needed like $245,000, and now I can show you an article where it’s up to like $700 million.”
Because he stated that he was unable to discuss that particular investment, Sharpe then shifted to asking the “Bad and Boujee” rapper about what he had learned about the business of hip-hop.
“Knowledge is key, and you can’t blame the system cause the system is going to keep going, so what you got to do like I did. You got to adjust to the system. Get the learning what. Ask questions like I’m asking questions.”
He then said that when he first got into the music game, he didn’t really ask questions and just accepted what he was given without knowing what he would have to do to earn it. He didn’t understand because he never read the terms of what he would have to do to get that money. But now, that’s changed.
“I feel like if you build with your lawyer like I talk to my lawyer, day-to-day. When I’m asking questions, and he knows like I’mma ask this question, and I need you to break it down into a way that I can understand, so I understand what I’m signing up to cause I’ve been a dumb artist before just signing because they get you with the money.”