Update: Soulja Boy’s Deal Confirmed, Will Soon Be $400 Million Richer

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Soulja revealed earlier this month that he had signed a $400 Million deal but was vague on exactly what kind of deal was signed. Well, today the deal has been confirmed by World Poker Fund Holdings.

The company released a statement today that indeed confirmed that the $400 Million deal that Soulja spoke on was very real & was signed for 5 years. The company states that deals like Diddy & Ciroc Vodka and 50 Cent & Vitamin Water is the reason the company decided to team up with a young hip-hop artist like Soulja Boy.

The statement released stated, “Soulja Boy is arguably the world’s youngest music mogul to complete a deal of this magnitude.” “At 25, he is one of most influential urban entertainers and artist on social media today, boasting a social media following of over 15 million. Soulja Boy will mobilize his network to promote World Poker Fund’s online gaming assets such as CelebrityWorld.com and its soon-to-launch ‘in-flight gaming’ platform which aims to service the 3 billion plus global travelers across multiple airlines worldwide.”

When talking about the deal Soulja Boy stated, “I invest in things I understand.” “I enjoy music, and of course gaming. Being an influencer is a form of currency. Having portfolio diversification is critical if you want to be an effective brand ambassador. With regards to World Poker Fund, I believe in its strategy, its team, the vision, and management’s ability to target its financial goals.”

Soulja recently released a music video for his single Day One, his album Better Late Than Never is expected to release in June.

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