Juicy J Invests In CORE Water, Company Gets Acquired for $525 Million
Bands: Juicy J’s Investment In Bottled Water Company Makes A Huge Splash, Business Acquired For $525 Million
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Juicy J’s Makes A Splash With Investment In Water Company
Juicy J has announced via Instagram that CORE has been acquired by Keurig Dr. Pepper for $525 million, calling it the “best investment” that he’s made in his life”.
The rap legend invested in the company back in 2015 alongside other notable artists such as Katy Perry and Diplo, and it has proven to be a smart one.
https://www.instagram.com/p/BqwNhbOhOBC/
Although the exact figure that Juicy J will pocket from the deal hasn’t been revealed, many reports believe it to be a substantial one. Juicy J now joins a short list of rappers who have received big payouts after brands they invested in early went on to be acquired and bought out such as Nas and Jay-Z.
https://www.instagram.com/p/BqSJwt6Bvme/
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