Derulo is continuously diversifying his investment portfolio. As previously reported by AfroTech, earlier this year, he bought a stake in a new Omaha, NE, women’s volleyball team. His other investments have included Rumble Boxing, Catch LA, and the U.K.’s “Project Icon,” per BBC.
“Usually I’d describe myself as an entertainer, but I feel like that has changed,” he shared on the BBC’s podcast “Business Daily.” “I don’t think I could only say entertainer anymore. It’s business nowadays.”
Derulo also explained to the outlet that he invests in businesses that he’s familiar with.
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