Drake Invests in Dave's Hot Chicken Restaurant Chain
Joining Boston Red Sox Chairman Tom Werner and Samuel L. Jackson with a minority stake.
Fresh off the release of his chart-topping album Certified Lover Boy, Drake is entering the fast-food business with an investment in Dave’s Hot Chicken, according to Bloomberg.
Drake is taking a minority stake in the Los Angeles-based fast-food chain, providing him with less than 50% ownership, according to the report. The Six God will join Boston Red Sox Chairman Tom Werner and actor Samuel L. Jackson as an investor in the company. Dave’s Hot Chicken did not provide further details on Drake’s stake.
“I tried the food, and it was amazing,” Drake said in a statement. “After meeting the founders and hearing their story, I jumped at the opportunity to invest.”
Launched in 2017, Dave’s Hot Chicken now has 22 locations, mostly in California. The restaurant has plans to expand its chain with the opening of 25 additional stores in cities including Chicago and Houston by the end of this year.
Aside from the investment, Drake also just logged his second week at the top of the Billboard 200 album charts with Certified Lover Boy, earning 236,000 equivalent album units this week. The record, which marks the rapper’s fourth top 10 entry to spend more than one week at No. 1 after Scorpion, More Life and Views, has earned a total of 849,000 units since its release.
Elsewhere, take a look at the first week projections for Lil Nas X’s MONTERO.
