2 Chainz and Juicy J are in the solar game.
According to Vibe, the Atlanta-based rapper and the Oscar-winning Three 6 Mafia founder have invested in a solar energy merger that’s reportedly worth $2 billion.
The outlet reports that the two rappers have invested in Heliogen, which will partner with SPAC Athena Technology Acquisition Corp, led by Phyllis Newhouse, one of the most powerful Black women in the cybersecurity industry, and the founder and CEO of Xtreme Solutions.
Both rappers announced their participation in the merger on their respective social media accounts.
Juicy J was the first to make the announcement, claiming that he was going to initially invest his money in jewelry before deciding to invest in solar energy instead.
“I was gonna buy a moissanite diamond watch but i decided to invest the money in a huge operation,” Juicy J said on Instagram.
2 Chainz also announced his participation in the merger on social media. “So I invested in this company that basically takes the suns energy and packages it up for reuse even at night kinda like a sun refinery,” he said in an Instagram post of his own.
This isn’t the first time that 2 Chainz has invested in the future of the world. In fact, it can be argued that the Atlanta rapper now makes his money work for him, and he’s making more money in investments than in music these days.
The rapper’s investment portfolio includes Escobar Restaurant & Tapas, a nail salon named Pamper, an after-hours club called Members Only, a GAS cannabis line, and a merchandise line. According to Ambrosia For Heads, he also has two investment properties in Las Vegas, NV, that provide a steady stream of income for him. What’s more, as the host of “Most Expensivist,” which is one of Viceland’s top-watched and top-rated shows, 2 Chainz also makes money as a television host as well.
For his part, Juicy J has his own set of great investments. According to Insider, he’s invested in two water companies, several investment properties in Tennessee, and even into the popular video game Fortnite.
“A lot of people invest in stupid things, so educate yourself before you start to invest,” he said to the outlet. “Think about it, talk to some people, get somebody that knows about certain things and have them look over paperwork for you.”