All Soulja Boy needs is a guitar. The Atlanta rapper declares he's a rock star on the aptly titled "Rockstar" produced by London on da Track. The new single from Soulja Boy sees him indulging in the extravagance lifestyle that comes with fame.

Soulja Boy might be living the life of rock star, but he did not land a $400 million dollar endorsement deal from World Poker Fund Holdings like he claimed in May. Forbes did some analysis and found that the deal would be nowhere near that amount. The company has an entire market capitalization of around $52 million. WPFH's spokesperson Matthew Bird confirmed that Soulja Boy was overzealous in his boasting.

"He really kind of jumped the gun by using the $400 million figure," Bird told Forbes. "The deal is capped at $400 million, and it’s based on a forward-thinking valuation of the company. He’s young, he’s 25 years old. He got really excited, and he tweeted something he probably shouldn’t have tweeted. He was getting a lot of pressure from within the entertainment community, so he wanted to put a statement out. Obviously, the company’s market cap is at $51.8 million. There’s no way they could cut a $400 million deal. Endorsement deals are calculated on a lot of different factors. This is not a fully cash transaction."

All the sceptics of Soulja Boy were proven right. The rapper will be earning something from this deal, but it just won't be remotely close to the figure he was bragging about on social media.

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