Diddy is on the cover of the latest edition of GQ Magazine and inside he his talking about his upcoming business venture with fellow mogul Jay Z. They have come together to invest into an app that would connect users to “black owned or black friendly businesses” in any city.
In the article, Diddy says, “This is not about taking away from any other community,” he said. “We’ll still go to Chinatown. We’ll still buy Gucci!” He laughed. “But the application will make it possible for us to have an economic community. It’s about blacks gaining economic power.” He and Jay-Z have been talking about this, he said, about moving the race forward actively, by means of: making a lot of money and putting it back into the community.”
Jay Z and Diddy both came in at number one and two on the Forbes Rappers in Hip Hop List, they are putting their finances to great use. Congrats!