Drake Buys Stake In Hot Chicken Restaurant, Becoming The Largest Investor

By Kiyonna Anthony

September 20, 2021

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Drake certainly doesn't have many "Wants And Needs" these days -- and thanks to his recent investment, things may be that way for quite a while. According to reports, the 6 God is taking his talents to the food industry after purchasing minority stake in Los Angeles-based restaurant, Dave's Hot Chicken.

The money move makes Drake one of the food chain's largest investors alongside Samuel L. Jackson and Boston Red Sox Chairman Tom Werner. Dave's was as founded in 2017 and specializes in hot chicken tenders and sliders that are served at seven different spice levels. The Certified Lover Boy released a statement regarding the game-changing investment, saying:

“I tried the food, and it was amazing. After meeting the founders and hearing their story, I jumped at the opportunity to invest.”

Back in July, the 34-year old chart topper shared a video of himself to Instagram, enjoying a to-go package of a Dave’s combo. The Hot Chicken hub, which currently has 22 locations across California Chicago, Las Vegas, Dallas and Portland, plans to open 500 locations after selling franchising rights. Dave's Hot Chicken CEO, Bill Phelps, gushes about his new business partner, saying:

"He's a great ambassador. He's not just a celebrity. He resonates with our target audience, which is the young millennials and Gen Z."

Drizzy has been focused on expanding his brand to more than just music. He's also an investor in Daring Foods, a maker of plant-based chicken, and opened his very own restaurant Fring's, in his hometown of Toronto, where he teamed up with acclaimed restaurateur and Top Chef finalist Susur Lee.

Congrats to the Lover Boy.

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