Hakeem “Chamillionaire” Seriki is probably best known for his song ‘Riding Dirty”, which was his only real musical success.
But since then, Chamillionaire has had a ton of BUSINESS success. It started when Hakeem invested in Maker Studios, during their first round of financing – at the time, the company was only valued at $1.5M.
Hakeem Seriki is the exception.
In 2009, his hit "Ridin' Dirty" blew up the charts.
And we know that, in the popular music business, Weird Al parodying your song is a sure sign of success.
In 2010, Seriki invested in the fledgling Maker Studios. At the time of his investment, Seriki's total net worth was estimated at $1.5 million.
Seriki's take on the deal reportedly was $50 million.
Courtside seats at a Lakers-Warriors game aren't cheap.
Now he can just do more of it.
Lately, Seriki has been working in the role of "entrepreneur in residence" at the Los Angeles-based Upfront Ventures.
"All the other rappers called me a nerd for using the Internet," Seriki recently told a gathering of tech entrepreneurs at Stanford University.
Take a page from Chamillionaire's playbook: save and invest that bit of money that you make.