American rapper Nelly is one of the most accomplished music artists ever. His decorated career has seen not only multiple No. 1 songs and albums but also three Grammys, three AMAs, and two diamond-certified albums.
However, the famed hip-hop artist admitted during his recent appearance on Carmelo Anthony's "7PM in Brooklyn" podcast that his biggest achievement might not have been in music but in becoming a part-owner of the Charlotte Hornets, then known as the Bobcats.
"I was there before Mike," said Nelly. "Shout out to Bob Johnson, cuz there was an opportunity to be a part of the first minority majority owned NBA franchise, with the owner of BET. So it was like 'Thank you' for allowing me to go in. I ain't gonna sit here, and you know damn well my money was no $300 million. It was dope. Then Mike came in, and it was even doper man cuz he was so cool to me."
First African American billionaire
The Bobcats were an expansion team in Charlotte in 2004, after the original team from that city relocated to New Orleans. The majority owner of the Bobcats was BET co-founder Robert L. Johnson, a self-made businessman who became the first African American billionaire in 2001. He wanted to bri...