NELLY EXPANDS HIS BUSINESS EMPIRE.

Rapper NELLY is adding property developer to his already packed resume, after launching a new project in his hometown of St Louis, Missouri. The superstar already owns Vokal clothing for men and Applebottoms for women, as well as a range of energy drinks - and now he is venturing into the hospitality industry.

He tells TheBoomBox.com, "This development company that I have back home, I’ve purchased a city block in downtown St. Louis. I have an new sports bar called Skybox." But Nelly insists he's not quite ready to challenge hip-hop heavyweight and business mogul Jay-Z, who has a chain of 40/40 bars. The Hot in Herre star adds, "You know it’s not a 40/40, more like a 20/20 you know, but just tryin' to stay busy."

Did you see him last nite on Leno? I got a bit of it. My boy Akon looked like three's a crowd in there with his gal Ashanti grinding her bootey on him! LOL! That up there is Beyonce's new house under construction.