Hip-hop star Bow Wow has his sights set on becoming the youngest ever owner in the National Basketball Association (NBA), and has already started the process of buying a share of his local team. The rapper, real name Shad Moss, has a number of other business ventures in the pipeline including a fast food restaurant, reports MTV.

The 19-year-old says, "I'm in the process of franchising my McDonald's. I own a sneaker store in Atlanta called Prestigious. And me and the Atlanta Hawks could be doing something big in the future. I would become the youngest owner ever in the NBA.

"When it comes to business, I love making money with stuff I love to do. Everybody knows I love basketball. I wish I could get out there and play with them, but (the players) are 9 feet tall. So the only thing I can do is invest in the team."

(This news article provided by World Entertainment News Network)