In a new podcast appearance, the 'Under the Influence' hitmaker shares how he built his wealth through savvy investments, negotiation as well as acquiring the rights to his music.
- Apr 29, 2024
AceShowbiz - On the 100th episode of the R&B Money Podcast, Chris Brown revealed the long-range business plan that led him to financial success. At just 17, Brown began investing in Burger King franchises. As his music career took off, he negotiated a 50-50 profit-sharing agreement with Jive Records at age 25.
At 28, Brown leveraged his success to secure the masters from his 2011 album, F.A.M.E., through his current releases. By gaining ownership of his recordings, Brown has taken control of his music's revenue stream.
"So I'm more like, you know, I'm able to now see real money or see something from what I've created because I know I created it," Brown explained. "So now, I can go and do this now. I can create some more."
Brown also emphasized the importance of investing in oneself. "I'm like a testament to [investing in yourself]," he said. "Hey, I'm not saying put your head down, just be the best you."
In addition to discussing his business strategies, Brown named his top five R&B singers, including Tank, Usher, Brandy, Tevin Campbell and Sam Cooke. He also listed his favorite R&B songs, such as "Braid My Hair" by Mario, "Sleeping in My Bed (Remix)" by Dru Hill, "Sex, Love and Pain" by Tank, "Superstar" by Usher, and "Candy Rain" by So For Real.
Brown's financial savvy has allowed him to build a significant fortune and maintain control over his creative output. He serves as an inspiration for others seeking financial success through calculated investments and negotiation.
