Blue hunk Simon Webbe is making the most of his celebrity perks - by accumulating a portfolio of businesses.

The ALL RISE singer is following in the footsteps of savvy stars SEAN 'P DIDDY' COMBS and Jennifer Lopez by channelling his money into sound investments, so he has something to fall back should the boyband split.

Webbe says, "Black guys in this industry don't really last, so what I've done is branch out. I've got my own production company called LOVE 4 MUSIC, and I've got my first group signed to VIRGIN.

"My clothing line is going to be on sale in the fall, I've got my own modelling agency in Manchester and I'm building a portfolio of property."

03/10/2003 19:26