Rick Ross experiences big financial win as Wingstop goes public

Years ago, Jay Z tried to put the rap world onto the business world and they learned a little bit. But, it took Lee Daniels making Terrence Howard into a music mogul on “Empire” and Taraji P. Henson unveiling her worthy cake to really get attention. Now, hip hop is all about business.

Ironically, a hip hop-related business did go public on the New York Stock Exchange. Wingstop has become hip hop, due to Rick Ross’ investment in the company. He owns Wingstop franchises in both Miami and Atlanta that he often plugs in his rhymes.

The first day of Wingstop being a publicly traded company was a big success. Initially offered for $19 a share, Wingstop is doing much better than initially expected. Because of this, there should definitely be dividends for Rick Ross, he will benefit, whether he owns a stake in the company or not.

Source: Yahoo! Finance