Mr Eazi is now a shareholder in a basketball team located in South Africa.
Born Oluwatosin Alibade, the Nigerian musician disclosed his new business venture in a Twitter post.
According to him, his decision to get shares in the Cape Town Tigers basketball team was influenced by Jay-Z.
He explained that Jay-Z’s shares in a New York basketball team came as a motivation for him to do the same.
Mr Eazi further stated that he is happy to be part of a new family.
He wrote: “I read that Jay’z got shares in a NYC basketball team! So I had to do my own to ff my mentor!! Happy to announce I am now a shareholder of @CapeTownTigers the best basketball team in Africa from now going forward! See you at the next game! Honoured to be part of The family.”