Master P is expanding his portfolio to become the Black Henry Ford.
The New Orleans mogul announced he was partnering with Richard Patterson, a former engineer at Tesla who designed the company’s popular Model S vehicle, to form a new supercars line under the brand name Trion SuperCars. The company would be the first Black-owned company of its kind and become the first Black-owned supercar manufacturer in the United States.
“Richard Patterson is a genius,” P said in a statement to Rolling Out. “He has created the blueprint for the next era of supercars. It’s time for us to change the narrative for our culture by offering economic empowerment with this partnership…The Nemesis RR is about the superb performance, head-turning appearance, and technical innovation that creates the blueprint for the next era of supercars.”
December 30, 2020
Hip-hop business mogul, Percy “Master P” Miller and former NBA All-Star Baron Davis are looking to buy Reebok. The asking price $2.4 billion. German sportswear parent company Adidas looks to offload the brand.
Adidas bought Reebok back in 2005, actually pioneered the idea of signing rappers to shoe deals in the same way athletes were. Sean “Jay-Z” Carter signed with Reebok back in 2003 and dropped the S. Carter shoes. In 2004, Reebok’s U.S. footwear sales grew by 17%, due in large part to its continued investment in hip-hop.
Rap mogul and successful businessman Master P has purportedly partnered up with former NBA All-Star Baron Davis to purchase footwear and clothing company
Master P is a jack of all trades and he has his sights set on his next monumental business move. According to 'Forbes,' Master P and 2x NBA All-Star Baron Davis are leading an investment group to purchase Reebok from adidas.