Back in 2010, Cash Money Records CEO Birdman made it known that he had his hands in business completely unrelated to the music industry.
While he was making a profit from artists such as Nicki Minaj and Drake, his more-impressive income was thanks to his involvement in the oil business, allegedly making him more than $100 million. As explained in a new investigative report compiled by DJ Booth, Birdman’s oil deals may have only been smoke and mirrors after all.
At the time, as pointed out in the report, not many questioned whether or not the businessman’s endeavors were what he claimed them to be. During an investigation by Bloomberg, inconsistencies in the company’s story were found, but it wasn’t something that the general hip-hop population was paying much attention to. If Birdman said he was making money off oil, that meant Birdman was making money off oil.
The company’s website, Bronaldoil.com, was taken down following Bloomberg’s report and Birdman even had his pumpjack tattoo covered up. Many found it to be suspicious that a reportedly successful company was shut down all in a matter of weeks.
As pointed out by the investigative report, a renewed Bronald Oil website reappeared online again in 2014, but it still remained difficult to get a grasp on what services the company offered or what operations they were executing.
For one example of the questions that the company’s suspicious web presence raised while comparing different versions and updates over time, the executive profiles under the “Our Team” section at one point had someone named “John Doe” filling multiple positions and later was replaced with Birdman and two others. It gets a lot weirder from there, with whoever was behind the company going to extremely bizarre lengths to pass it off as a success.
The whole situation really does raise a plethora of presumably unanswerable questions and checking out the full report will definitely have you scratching your head wondering what Birdman was actually thinking.
Check out DJ Booth’s incredibly interesting and in-depth investigation here.
(Photo: Sergi Alexander/Getty Images)