EbonyLife Studios Chief Executive Officer (CEO), MO Abudu has announced that the company is collaborating with Will Packer Productions to develop an untitled project based on Evan Ratliff’s Bloomberg article, “The Fall of the Billionaire Gucci Master.”
The article by Ratliff is based on the story of Nigerian Instagram influencer, Ramon Abbas, better known as Hushpuppi or the Billionaire Gucci Master.
Hushpuppi is recently convicted by a US Court for perfecting a simple internet scam that allowed him to launder millions of dollars.
According to Abudu, EbonyLife and Will Packer won the rights to produce the movie in a highly contested derby by several producers. He said that the companies had set up the project at Universal Pictures after pitching the ideas with Packer and Lopez.
According to him, EbonyLife wants to make sure that the depth and authenticity of the film is told.
Abudu said, “EbonyLife Studios is partnering with Will Packer Productions to develop an untitled project based on the Bloomberg article ‘The Fall of the Billionaire Gucci Master’ by Evan Ratliff.
“When the Hushpuppi story made headlines last year, I pitched the story idea to @willpowerpacker and James Lopez. They bought the idea and as headlined in this press release, together we won the rights to the Bloomberg article by Evan Ratliff mentioned above.
“The rights were won after a highly contested derby by several producers and is now set up at Universal Pictures. The globetrotting action thriller project is said to be a hybrid of CATCH ME IF YOU CAN and USUAL SUSPECTS.
“It’s a dream come true to be working with Will Packer Productions and Universal Pictures on this project.
“Just as a refresher, Will Packer Productions and Universal Pictures need no introductions. WPP has released a number of blockbusters that include …… ‘Girls Trip’, ‘Think Like a Man Too’, ‘Ride Along’, ‘Think Like a Man’, ‘Takers’, ‘Obsessed’, ‘Breaking In’ and ‘Stomp the Yard’ and Universal Pictures with over a 100 years in the business of movie making in Hollywood.”