How does DJ Envy have so much money?

[Bart simpson]

He invested early in McDowell's stock...

Done!

 

[Grand Eeezus Maxwell]

nikka probably investing

Yeah, he's heavy in investing. When TBC first started, he used to give investing tips during their post-show webstreams.

 

[AITheAnswerAI]

He has a syndicated morning show...
He's been djaying on a known/national level for at least 15 years
If he's smart, he's investing

All three of those should have been six figure incomes for years...

If he's smart he's saving his money, sitting on it, and collecting interest.

You make it sound simple, but most people lose money investing. That's a wealthy class game where they tip each other off.

Dude still has to answer to another man.

Typical jealous African. If Envy was white, you wouldn't say shyt negative about him.

 

[bucks3115]

Buying house and sellin it for 2x the price
He said it on combat jack show

 

[bucks3115]

fukk star
Dj envy shuld have send the goons to break his neck for what he say abt his daughter

 

[Ethnic Cleansing]

Big Boy from L.A. makes $3 million a year to broadcast to one city.

The Breakfast Club is syndicated nationally and on TV. That alone should answer your question and that's just 1 stream of income

 

[GrindtooFilthy]

fukk this guy envy nikka ruined my entire night this past weekend

 

[GrindtooFilthy]

This probably explains it the most... I can't imagine the breakfast club being his only source of income

and where in the northeast particularly?

boston, nyc, jersery, philly sometimes

he came time umass amherst this past weekend for our soul fest, never again all he did was play trap. straight trash

 

[R.E.N. Spells Ren]

If he's smart he's saving his money, sitting on it, and collecting interest.

You make it sound simple, but most people lose money investing. That's a wealthy class game where they tip each other off.

I don't know why I read this nonsense so much on the internet. No rich person does this. You'd be lucky to keep up with inflation by just 'collecting interest'

Investing in ventures is extremely risky, but investing in the market is not and most people do NOT lose money by investing in the market. You'd be foolish to not start investing once you attain some semblance of wealth (which I'll define as savings in excess of what you need for short term expenditures, including a rainy day fund).

 

[L&HH]

Big Boy from L.A. makes $3 million a year to broadcast to one city.

The Breakfast Club is syndicated nationally and on TV. That alone should answer your question and that's just 1 stream of income

Damn I'm not even hip:

LA Radio Star Big Boy Closes $10.5 Million Deal With iHeartMedia Amid Legal Scuffle

 

[scarlxrd]

I could have sworn he owned a Juice bar too. Dude's invested, he should have lots of money.

 

[GrindtooFilthy]

I don't know why I read this nonsense so much on the internet. No rich person does this. You'd be lucky to keep up with inflation by just 'collecting interest'

Investing in ventures is extremely risky, but investing in the market is not and most people do NOT lose money by investing in the market. You'd be foolish to not start investing once you attain some semblance of wealth (which I'll define as savings in excess of what you need for short term expenditures, including a rainy day fund).

explain what's the difference between investing in ventures rather than the market

 

[scorpino]

It's funny Dame was trying to lecture him and he's living way better than dame

 

[R.E.N. Spells Ren]

explain what's the difference between investing in ventures rather than the market

Investing in ventures is like putting seed money into a business. Be it your boy's sneaker store or a drink company like Vitamin Water.

Investing in the market is a portfolio of stocks and bonds.

 

[RebelX]

random af thread but anybody else wonder how this dude affords his lifestyle? do radio dj's get paid bread like that? this nikka looks to be living better than most rappers and ball players... got a mansion in jersey, hella cars, enough bread to support his five kids and wife

Starts around 1:15:40

Said he was doing so well in real estate before the bubble crashed that he almost stopped Djing