Saweetie's Plan to Build a $900 Million Empire

Memo
June 14, 2021
Saweetie's Plan to Build a $900 Million Empire
Image credit:
Various sources. For specific credits, please contact us.
Get the free Trapital memo

The 27-year-old has a spot on hip-hop's All-Quarantine team. Her debut album Pretty Bitch Music drops later this year and she's been planting the seeds

A product of social media. Saweetie is the definition of a modern-day creator. She has her Icy University YouTube series, platinum-selling singles, tons of brand partnerships for days, a gaming collective, and a fashion and beauty line for her Icy Girls fanbase. Saweetie has more in common with Issa Rae than she does with Nicki Minaj and most other rappers. In most of her content, she wears the products she sells. It's her version of her content and commerce flywheel.

In the past few months, Saweetie got plenty of coverage in big media outlets: Complex, W, The Ringer, REVOLT, Billboard, Harpers Bazaar, Forbes, AP, and more. Her team has put in work to elevate her brand to the main stage. It makes sense. This is her moment (hopefully one of many) and she should maximize it.

Focus matters. In her W interview, Saweetie said she wants to build a $900 million empire. She averaged the money between all the women she admires like Rihanna and Kylie Jenner. $900 million was the number.

Right now, Saweetie's various businesses help her monetize "Saweetie, Inc." which can easily lead to a high eight-figure or low nine-figure net worth.

But $900 million is a different beast. That requires ownership (or investment) in a breakout product that becomes bigger than the person. Here's a few that are on their way or will get there soon:

Rihanna - Fenty Beauty and Savage X Fenty.

Kylie - Kylie Cosmetics.

Kanye West - Yeezy.

In an interview with Complex, Saweetie said that her music career hasn't developed as quickly because of how hands-on she is with her content and other ventures. The same may soon be true with her business ventures. She's still experimenting, which makes sense at the moment. But her $900 million is more likely to come from one big skyscraper than it will from several shopping plazas.

Read more about Saweetie in Complex's feature interview.

Dan smiling at the camera against a dark background, wearing a blue shirt."
Dan Runcie
Founder of Trapital
Like this memo? Share it!

“You tell the true stories. Not just the end product, but how you get to the end product. Your point of view on it is dope.”

Steve Stoute
Steve Stoute
CEO, UnitedMasters and Translation

"The stuff that Trapital puts out is fantastic. Really interesting insights into the industry, artists trends, and market trends."

Mike Weissman
Mike Weissman
Former CEO, SoundCloud
Dan sitting at a table with others, smiling and engaged in a discussion, with glasses and a water pitcher on the table.

Join readers who stay ahead of all the trends