Jadakiss previously showed off a $200,000 D-Block diamond-emerald chain and how it was made. While the purchase may seem excessive, the artist recently explained that the music industry gave him the learning experience to get to the money so he can spend in the way he wants.
While speaking to the 85 South Show, Jadakiss talked about financial literacy and how he gained it through lessons in the world of music. “You know, rap is a stepping stone. Of course, when you’re young, you’re gonna blow some money, have some fun and do some reckless things. But if you’re able to have a career and be in it for a minute, you want to start graduating and doing some things, owning some stuff,” said the rapper.
Kiss then named some of the businesses he is currently involved in: “We got six juice bars. Styles and his wife got the Farmacy For Life. You know, the supplements is doing well and then I got the Kiss Cafe coffee with my son and my dad.”
The rapper then explained why he pushed for ownership of his creations. “You know, the Hip Hop industry can teach you a lot if you just keep your head up, eyes and ears open about ownership. You go through so much stuff with clearances and things like that with the label that you should get to a point in your life where you want to own everything that your name is on or that you invest in. You want to try to be the sole owner or own a big percentage,” said the rapper. Watch above.
source: YouTube