Usher's Empiring Building 101

Usher is expanding his business by launching a clothing line which will be styled on the formal designs of Prada, Gucci and Roberto Cavalli.

The line will be available by 2006 according to Usher, whose goal is to create an empire like Russell Simmons and Sean 'P Diddy' Combs.

"You know what, to be perfectly honest with you, I'm really a suit man, if it's not Prada, it's Gucci, Roberto Cavalli. I'm really into Italian designers as well as American designers, as a matter of fact I'm heading in that direction," Usher said.

"Look at the capabilities of Martha Stewart or Russell Simmons or Sean 'P Diddy' Combs or even 50 CENT with G-UNIT. Look at what they did with their licensing. This is my opportunity to do the same. Clothing and shoes are kind of the standard nowadays, so I'm trying to figure out how I can come at it from a different angle. Watches, clothes, perfume, cologne, facial and acne products. There are so many possibilities," he added.

Usher who signed his first record deal at age 14, owns a stake in the NBA's Cleveland Cavaliers. He has earned more than $40 million from record sales and concerts and has deals to star in several films, for $8 million each.

In a recent Forbes Magazine article he said, “Wealth accumulation is at the top of the list."

Usher and his mom also own a 14,000-square-foot office complex, worth an estimated $3 million, in Atlanta.