Money Maker: Black Coffee Shows off Multiple Businesses
Black Coffee is one of the wealthiest celebrities in Africa. However, his money doesn’t come from music alone. The muso has secured the bag by having multiple businesses. Briefly.co.za takes a look at the 8 companies owned by the music producer.
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1. Gallo Record Company
Black Coffee announced, late last year, that through his investment company Flight Mode Digital, he officially acquired a stake in record label Gallo Music Group. The DJ is now one of the major shareholders of the piece of South African music culture and history.
2. Zone 6
Black Coffee became the owner of Zone 6 in June 2017. The venue has hosted the likes of AKA, Kwesta, Cassper Nyovest and Euphonik. The venue can host 4000 patrons.
3. Yoco
Black Coffee also has equity in Yoco which is an African technology company that builds tools and services to help small businesses get paid, run their business better, and grow.
4. SweepSouth
Black Coffee has equity in SweepSouth. The cleaning service has over seven thousand cleaners.
Source: Instagram
5. Andela
Black Coffee has equity in Andela, which aims at solving the global technical talent shortage by building distributed engineering teams with Africa’s top software developers.
6. Epione Healthcare Solutions
Black Coffee also dabbles in healthcare. The muso has equity in Epione Healthcare Solutions (“Epione”) a partnership between clinicians, investors, operators and strategists established to develop, invest in, own and operate healthcare facilities in Africa.
7. GOSPËL
Black Coffee has equity in GOSPËL. The company was established in SoHo in 2017 as a house for the arts community and its audiences who have collectively created a home in New York City. GOSPËL is a restaurant, a stage, and a haven to unplug and reconnect.
8. Yamee
Black Coffee has equity in Yamee. The company helps food merchants in Africa grow their businesses by providing eCommerce solutions.
Meanwhile Briefly.co.za previously reported that Black Coffee is truly living at a different financial level. The music producer recently took to social media to flex on the masses with his gorgeous Bentley.
Coffee owns a range of luxury vehicles including the Bentley which is worth millions. According to one impressed social media user,. the wheels alone of the car are worth a whopping R40 000. He captioned his post:
“Salty salty salty."
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Source: Briefly News
