How Master P built a diverse $250 million empire скачать в хорошем качестве

How Master P built a diverse $250 million empire

From rapper to restauranteur: How Master P built a diverse $250 million empire Warren Buffett may have famously said that diversification “is protection against ignorance,” but rapper-turned-business-mogul Master P credits a diversified portfolio with helping pull him out of poverty. Master P (born Percy Miller) grew up in the housing projects of New Orleans, with 16 people crammed into a three-bedroom apartment. But today he is the head of a vast business empire with an estimated worth of $250 million — with his hand in everything from media to sneakers to a new burger joint which opened in his hometown this summer. Master P realized early on that to be truly successful in his line of work he needed to be more than just a talented rapper or basketball player. He needed to know and control the business side of his career. “I think that artists, athletes, entertainers, you need to know your business. Let me learn economics. Let me learn banking. Let me learn my business.” Educating himself on business and spreading his risk across a diversified portfolio of investments in private companies led Master P to positions in real estate, fashion, telecommunications, and entertainment. “My grandmother always taught me, ‘Don't put all your eggs in one basket,’ but you have to stay focused and you have to stay committed.” https://www.yahoo.com/finance/news/ho...