Cassper Nyovest ventures into the underwear business

Cassper Nyovest is adding another venture to his growing business portfolio. The 31-year-old just revealed that he has a new underwear collection coming out in June. 

His collection will be released under his brand, 'Root of Fame', which already makes his popular sneakers. 

Cassper made the announcement after weighing in for his boxing match against Anga 'NaakMusiQ' Makubalo. The musicians are set to face off at their Celebrity Boxing Exhibition at the Sun City Superbowl on Saturday. 

Tickets for the boxing match, which retailed for R9,000, sold out within one day. Prices for the event - which Cassper described as a "world-class weekend of entertainment centered around boxing" - ranged from R9,000 to R26,000.

Cassper says he is ready to 'Naak out' NaakMusiQ. 

Cassper is serious about becoming South Africa's first hip-hop billionaire. Not only are his celebrity matches bringing in major money for him, but he has numerous businesses. 

"I got a dope project I'm working on. A first of its kind. Might be ready 1st quarter of the year. Another step into the direction of becoming South Africa's first Hip Hop Billionaire. We thinking outside the box. Super excited!!!" he tweeted in January. 

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Cassper is well on his way to becoming the richest rapper in SA. He has his own record label called, Family Tree. 

Family Tree also has its own line of apparel. Earlier this year, Cassper launched his tequila beverage, Billiato.

The 'Tito Mboweni' hitmaker's Root of Fame sneaker deal with Drip Footwear is reportedly worth R100-million. 

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Main image credit: Instagram/@casspernyovest