$400 million, that’s how much some sources quote Master P’s net worth at and he doesn’t even make the Forbe’s rich list. Somewhat forgotten and in the background he has been working away on smart investments, one by one, building up on small beginnings and making an absolute fortune with his smarts.
It all started with a $10,000 malpractice settlement check, that led to a record store, a record label! And now his latest investment looks possibly set to throw him over that $1 billion mark!
The new investments is Get Money! A game that is openly based off of Grand Theft Auto but black and minority owned!
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The way Master P sees it, people are making money off black lifestyle yet black investment in tech and video games is near non-existent!
Originally he tried to get prominent black athletes and stars to invest in the game but his efforts fell flat so he made the decision to put the cash in himself!
So, this is his game! He built the game with a team of Korean techs and it’s soon set for release.
Considering the last GTA game pulled in $10 million in one year, this game doesn’t need to even reach those heights to make P hit the big big time!
Personally I have some reservations about the game pushing forward bad stereotypes about the black community but considering a Scottish company makes GTA and profits off the perceived lifestyle there is no reason why black American investors shouldn’t be making some gains from it too!
Master P is also banking on more than just video game revenue. He believes this is the next way to sell music. Music won’t sell in the old way, it will be sold through tech. He is looking forward!
Watch Master P talk below:
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