Hip-hop Pioneer & Entrepreneur
The legend E40, whose real name is Earl Stevens, has been active in the music industry for more than three decades, during which time he has recorded more than thirty albums, both solo and in collaboration with other artists.
The rapper, now 53 years old, had his formal debut in 1988, and he continues to make songs to this day. The rapper’s humble beginnings began on the streets of Vallejo, California, where he created his record label, sick with recordings. He grew up in the Bay region. He made his debut in 1988.
Stevens was initially unable to acquire a record deal, so the entrepreneur began selling recordings out of the trunk of his car directly to the public, utilizing an unconventional, fast-paced flow. This was the beginning of Stevens’ journey down the independent way, which he chose out of need.
Becoming The Big Boss Of The West Coast
Later in his career, E40 would achieve mainstream recognition, and he would go on to record with artists such as Tupac Shakur, Snoop Dogg, and countless others. E40 would become known as the originator of hip-hop terminology. The savvy that Steven gained as a self-employed artist would prove invaluable to him in his subsequent commercial endeavors.
He is rumored to have a net worth of 10 million dollars, which was supposedly achieved through several investments in fledgling businesses, adult beverage companies, and food companies. The rapper has established his reputation as a multitalented businessman with great success. E40 began his business career at a young age, when he was only a teenager.
In 1989, he and his brother opened a clothing store in their hometown of Vallejo, California, called New Fed Clothing. E-40 used the profits from the store to buy studio time and launch his decades-long rap career. Growing up with the mentality of a hustler and business-minded individual, Earl has always taken pride in his independence. In addition to his business pursuits, he worked various jobs.
Selling Albums Like Dope
Let’s Side was their debut album, which was released in 1990. According to Stevens, even though Sick-Witted recordings did not have widespread distribution, the company was nonetheless able to sell substantial units of its early releases, which ranged from 150,000 to 200,000 copies per month.
This caught the attention of major labels, and he was able to acquire a major label distribution agreement with Jive Records in 1995. The ep “The Mailman,” which was released by E40 in 1993 and reached number 13 on the billboard charts, was issued in that year. From then on until 2003, he would go on to record a total of nine additional solo albums, in addition to two group albums for jive recordings.
When E40 acquired a recording contract with BME Records in 2006 and began collaborating with the Atlanta-based producer Lil John, he was able to enjoy a brief renaissance in his career. His album “My Ghetto Report Card,” which was released in 2006, would reintroduce him to a younger audience, and it contained some of the most successful songs he’d ever had.
Creating Something Bigger, Better
The album made its debut at number three on the Billboard charts and featured artists such as Too Short, Bun B, and Payne. Since 2010, Stevens has consistently released albums, sometimes as many as one or two per year. His upcoming effort is a collaboration with some of the most iconic west coast rappers.
While entering the second half of his music career in the mid-2000s, E40 started to establish himself outside of the studio for three years. He owned a fat burger restaurant, a fast food franchise, and was the co-owner of a nightclub in San Jose called the Ambassador’s Lounge. During the mid-2000s, around 2007, he would produce a line of music that would be released in the third quarter of 2021.
These connections he made while promoting Lanley cognac would eventually lead him to produce his own alcoholic beverages. The rapper’s hometown of Vallejo is located approximately 17 miles from Napa Valley, the world famous wine growing region of northern California. Growing up Carlos Rossi’s Wine was a frequent item in Steven’s home and at family gatherings, E40 took a liking to it and frequently rapped about wine and spirits in his music.
Keeping Ownership Over The Brand
The company, of which he owns 100 percent, is now producing four distinct wine collections. These are known as Troposcatto California, Mangoscado California, function red blend California, and Moscato California. Other collections include function red blend California.
Before venturing into the world of brick-and-mortar retail, Stephen tested the waters of the internet marketplace.
This allowed him to bypass the traditional retail middleman while also lowering his overhead through the strategic use of social media. The wine was an instant hit, and as the demand for it increased, shops began calling and inquiring about how they might stock it. This trend is expected to continue as the brand continues to expand.
Stevens just struck a national distribution deal with Southern Glazers Wine and Spirits, the largest wine distributor in the United States. The deal will enable Steven’s wine to be distributed across the country, including in shops like Costco.
E40 has stated in multiple interviews that he is very hands-on in producing his wines from the conception stage to the tasting stage, putting out drinks that he loves, personally stating, “I’m a wine connoisseur, I’ve tasted all kinds of wines, so I wanted to make sure I was hands on when doing the tasting to make sure it was right.”
In addition to his wine company, E40 has developed several other beverage lines, ranging from a tequila line known as E. Cuarenta after having many alcoholic beverages on the market with great success. E-40, a hip-hop icon, decided to enter the food market and made an investment in a Filipino food company known as the Lumpia Company, which was formed by a Filipino chef named Alex Ritaro.
Earl officially became a 30 owner in the food company at the beginning of 2019. The rapper acknowledges how much the Filipino culture inspired him as he was growing up, adding that lympia is one of his favorite cuisines. He describes lympia as being similar to an egg roll but more like a spring roll, and he expresses his affection for the dish.
The rapper’s genuine affection for the Filipino dish was the deciding factor in his decision to become a co-owner of the restaurant. The restaurant’s menu features both classic and non-traditional items, and it offers a wide variety of flavors, such as bacon cheeseburger and pink mango. You may find Lumpia in two locations in Oakland and another in San Francisco, which is now closed until further notice.
Lumpia Stevens has plans to transform LYMPIA into a countrywide franchise comparable to McDonald’s. Lumpia is currently only available in San Francisco. Making use of the knowledge he gained while working in restaurants, E40 additionally intends to develop food-related goods.
The Self-Proclaimed Goon With The Spoon
#40 enjoys frying rice and braising oxtails in his free time. Be on the lookout for products pertaining to frozen meals in the not-too-distant future. Being located in close proximity to Silicon Valley, he began investing in new businesses in 2016 with the assistance of a fellow hip-hop entrepreneur named Chamillionaire.
The supreme partner syndicate was established with other artists, including Big Boy from Outcast and Trey Songz Clubhouse. One of Steven’s early investments was in a growing platform where users can communicate with one another in voice chat rooms. E40 is also a member of the supreme partner syndicate.
The audio-based software has held chat rooms with billionaires Elon Musk and Mark Cuban, and it is presenting itself as the next big social media platform, according to reports showing that the company has been valued at around four billion dollars. Rain was another firm in which he invested only a few months before Amazon bought them out.
Stevens has invested in approximately 45 companies in total amid his growing portfolio. It is quite remarkable to witness the growth of Earl Stephens from a young independent rapper to the seasoned and well-respected hip-hop entrepreneur that he is now. We focus on business bills and investments your favorite artist is conducting in the business world. such as Tupac Shakur, Snoop Dogg, and countless others. E40 would become known as the originator of hip-hop terminology.