That $400 Million Deal Soulja Boy Was Talking About Is Very Real

Hardcore, hyper-lyrical, hip-hop listeners may not be huge fans of Soulja Boy, but there has never been any denial of his business prowess or hustle, and when you’ve just signed a $400 million deal with World Poker Fund Holdings, you’re doing something right.

That was the tweet that the Love & Hip Hop: Hollywood star sent out earlier this month, and many — including yours truly — thought, wuuuuuuut, knowing it couldn’t possibly be truthful. But, news — directly from the source — broke Friday confirming that Soulja Boy did indeed sign a contract for the 400 stacks times stacks upon bands. Here’s a little taste of the statement from WPFH:

The decision for Soulja Boy to engage with WPFH comes on the heels of the recent success of Nas, Sean “Diddy” Combs and 50 Cent’s investment and ambassador brand deals with technology and consumer products like Ciroc and Vitamin Water. However, unlike Nas, Diddy and 50 Cent, Soulja Boy is arguably the world’s youngest music mogul to complete a deal of this magnitude. At 25, he is one of most influential urban entertainers and artist on social media today, boasting a social media following of over 15 million. Soulja Boy will mobilize his network to promote World Poker Fund’s online gaming assets such as CelebrityWorld.com and its soon-to-launch “in-flight gaming” platform which aims to service the 3 billion plus global travelers across multiple airlines worldwide.

Boom. Soulja (can’t we think of something else to call him?) is mo’ richer than Carrie Fisher dating the guy who invented artificial mixer.

Update: As it turns out, SB “jumped the gun” a bit with his claims. Company spokesman Matthew Bird walked back the valuation of the contract and you can read about it here.

(Side note: I just bought a microphone from Radio Shack, and I’m going by the name Army Guy. The Saturday night seniors’ solitaire group is funding my first release this summer.)

(via Billboard)