DJ Khaled has made tons of money over his illustrious career, yet he refuses to let anyone else handle his finances.
During a Club Shay Shay interview posted on Wednesday (November 8), the Miami beatmaker discussed all the work he puts into stabilizing his bank balance given how many people he takes care of.
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“No disrespect to all you beautiful business managers out there — I don’t want to mess up your hustle — but I’ve heard a lot of crazy stories, okay?” he said. “There’s no way in the world I’m letting somebody have the power to touch the hard work. No way.”
After talking about how his parents taught him to put effort into his dreams and value the capital it generates, the 47-year-old producer once again clarified to host Shannon Sharpe that he takes care of “everything” himself.
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“I don’t believe in no accountant, I don’t believe in — what’s the thing they call — money manager,” he said. “I pay the grass, the car washman, the guy that’s cut my hair, the electric bill, the car note, the mortgage.”
Check out the interview below:
Looking back to a time when he was in a tougher place, Khaled recently opened up about his financial struggles during the mid-2010s that almost resulted in him losing his home.
Earlier this week, the mogul was unveiled as Rolling Stone’s newest cover star. In his interview for the magazine, he provided insight into his life behind the success and motivational speeches.
Most notably, the hitmaker admitted that he was “hustling not smart” around 2015, before he struck gold with his Snapchat antics and chart-topping success with Major Key the following year.
While business is booming these days, there was an uncertain phase when he had to scramble for a sizeable rent payment to keep his Miami mansion after investing a large amount of his capital into his company, We The Best.
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“I remember I had like a month to come up with this [large] amount of money. I kept saying, ‘There’s no way in the world that we worked this much this far and we don’t have nothing to show for it.’ I changed that right away,” he recalled.
“I was like, ‘Yo, if I want a family, I got to get my shit right.’ And I gambled on myself. I always bet on myself from day one. But I tripled down that day.”
