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Chamillionaire
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Chamillionaire’s status was destined once he chose his stage name. Born Hakeem Temidayo Seriki, Chamillionaire started in the music industry alongside Paul Wall after forming their group, The Color Changin’ Click. By 2005, the rapper was officially solo once he released his debut album, “The Sound of Revenge,” which featured his four-time platinum hit single, “Ridin’.” After his sophomore album, multiple projects, and parting ways with Universal Music Group, Chamillionaire became more focused on entrepreneurship. According to Celebrity Net Worth, the rapper-turned-businessman’s pivot has brought his net worth to an estimated $50 million.
Chamillionaire’s “Ridin” was never supposed to be a hit, yet alone a single! The Texas native revealed the alarming fact about his iconic 2005 single after completely remixing the track alongside fellow emcee Krayzie Bone for a new CarMax ad. “Honestly, I never tried to make a hit,” said Chamillionaire during an interview with HipHopDX. “I always was a person who just tried to make something that I thought would resonate with people. And you got to think about this concept. Everybody, it doesn’t matter whether you’re committing a crime or not, when you see police, you feel like you shiver up and put your seatbelt on.” View this post on Instagram A post shared by @chamillionaire
Although MC Hammer may not be a household name in music anymore, those in the tech industry remain very familiar. After exiting the rap game, MC Hammer, real name Stanley Kirk Burrell, set his eyes on Silicon Valley. Hammer began founding and investing in tech companies in the mid-90s. The rapper/dancer/actor has reportedly invested in over a dozen tech startups over time, including Twitter and YouTube. During a recent sit down with mogul Damon Dash, rapper and fellow tech investor Chamillionaire revealed a discussion he had with MC Hammer, making the shocking revelation that Hammer “owns a piece of Twitter.” According to Chamillionaire, he ran into MC Hammer at a tech conference at Facebook’s headquarters. There, he had a four-hour conversation with Hammer who was frustrated with giving rappers investment advice they never took. “He was basically saying, and I understand he was frustrated,” Chamillionaire tells Dash. “He was like, ‘I give the game about these tech companies to all...
Rappers Chamillionaire and E-40 are upping the ante on investing in women and minority-led startups. The duo previously shelled out $25,000 to contest winners who pitched their companies via the Convoz app and now they are giving founders the chance to win $100,000 for their startups. The rappers are also partnering with Republic and Daymond John — a “Shark Tank” investor and the founder of FUBU — to invest in underrepresented founders. Chamillionaire said that he wants to invest in more minority-led companies because of the lack of diversity in the startup space. “I don’t get pleasure when I say things like this but it’s the reality of the startup and investment world we are living in,” he said in an Instagram post. View this post on Instagram A post shared by @chamillionaire Chamillionaire is not a newbie to the investor world. The rapper put money into Lyft before the ride-hailing service went public and has invested in other tech companies. “I’ve been seeing a lot of people...
Most people know Chamillionaire from his 2006 hit “Ridin’,” which snagged him a Grammy for Best Rap Performance by a Duo or Group. What they may not know is that Chamillionaire also has a keen interest in the tech industry. Now, he’s looking to invest $25,000 in a startup founded and managed by a woman or person of color. For this venture, Chamillionaire teamed up with E-40 and the portfolio company Republic . Chamillionaire originally made the announcement on his Instagram last week. “I’ve been in this tech industry for a while and I’ve been seeing a lot of people out here trying to raise capital and a lot of time it just doesn’t go to people of color or women,” he recently told Yahoo Finance. View this post on Instagram A post shared by @chamillionaire It’s definitely true that women and people of color have a harder time getting funding for their projects. In particular, Project Diane found that Black women have raised .0006 percent of the $424.7 billion in total tech venture...