Cassper Inks 100 Million Rand Deal

Here’s what it entails

By  | Jun 08, 2021, 02:54 PM  | Cassper Nyovest  | Relationships

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Maybe Cassper Nyovest’s talk about becoming South Africa’s first Hip Hop billionaire wasn’t all just talk. This morning, the rapper announced that he was on his way to sign the biggest deal of his career.

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Taking to Twitter, Mufasa revealed that he has invited his accountant to the deal signing. He informed his followers to stay tuned to his Instagram stories for updates. “So I slept with my shades on last night. I wanted to wake up in a certain mood. I wanted to be in the right mood,” said Cassper in the first IG story he posted this morning.

Leaving his mansion, the rapper wore an expensive suit and got ready to hop on his Bently as his drive opened the door to his new Bently. From his last update, he was seen entering a building in Johannesburg.

Slikour OnLife shared a live stream from the press conference and Cassper delved more into what the deal entails. He was accompanied by Drip Footwear CEO and Founder, Lekau.

“I come from an average South African home, and I’ve told my story a lot of times. I don’t normally tell my story but I met Lekau on Twitter. I saw his shoe and then I hit him up and said I liked his shoe. I wanted to buy the shoe and then he came over to the studio. I was still working on my fourth album.”
 Said Mufasa about meeting the entrepreneur.

“And then he came to the studio with a couple of shoes. Immediately being a businessman, I was like man we should make a shoe. That’s how the relationship started. From there we became actual friends and started talking about business in general.”

Before getting into the finer details of the deal, he explained why he has been able to achieve so much in such a short space of time. “I’ve been able to achieve a lot in a short period of time with my team. I feel like we could do much more and feed more people and create more jobs together.”

The two businessmen are not only working on shoes together, but they are also venturing into other businesses. "We are getting into a partnership with a new brand. It’s something separate but it’s under Drip. It involves products, it involves equity, it involves a lot of things. I’m not buying shares at Drip and he's not buying shares at my company.  We are getting into a very fruitful partnership."

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Main Picture Credit: Cassper Nyovest Instagram Account
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