Instagram/@nickcannon
In the music industry, hip-hop, and entertainment in general, for instance, an influencer like Nick Cannon has a distinct role. Therefore, unlike instrumental influencers in the world of social media and entertainment, Nick Cannon is a multi-dimensional figure. And in context to this music rapper, Zillionaire Doe, Nick Cannon applauded him on Instagram for his investment and financial strategies post signing with YO Gotti’s Collective Music Group, (CMG). In the same Instagram post, Nick Cannon celebrated rapper, Zillionaire Doe, for his efficient financial maneuvering post signing with YO Gotti’s Collective Music Group (CMG), Zillionaire Doe is a good example of an artist to work with. Zillionaire does not promote flashiness or short-term highs. An example to follow for young artists is Zillionaire. In a post shared on both @iamflyguydc and @raphousetv, Zillionaire’s investment approach—putting his rap income into real estate and other business ventures rather than spending it on short-lived notoriety—is explained. The picture has two sections, one is of the young rapper in a nice jacket and the other is of him speaking earnestly into a mic. The photos are joined by expressive, colorful language alongside emojis, which serve as a weighty message to clever funding. The explosive feedback from the community has enormously and heartily blasted positive remarks that align with Cannon’s feelings. The celebration extends beyond celebrity endorsements. Younger artists—particularly hip-hop artists—are looking into financial education and asset-building. Hip-hop artist Zillionaire Doe, who is signed to CMG, is the best example of being nurtured under the business-savvy Yo Gotti leadership. As a father to twelve children, a multi-business owner, and a celebrity, Cannon seems to be actively helping foster new waves of artistic and business talent, which makes this comment much more sincere and invaluable.
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Support and thoughtful remarks flooded the comment section. One user noticed an understated point by noting, “Notice he also already had a check so when he got his cmg check he didn’t blow it because he was already getting plenty of money before the rap.” This displays that Zillionaire Doe did have some sort of financial cushion behind him, not starting from zero, and this helped him to wisely budget the excess wealth that followed. Another commenter wrote, “Hell depending on how much and what real estate bro can stop rapping fr or just keep investing them rap checks,” emphasizing the possibility of his investments granting him total financial freedom outside of music.
But not all feedback was celebratory. Some lamented the communication style prevalent in these conversations. One user stated, “Love love seeing these young guys getting it right from the start. But we need to start working on our communication. I barely grasp what he said, and that’s the case with a lot of streamers as well. Every three words is, ‘like boom…’ and, ‘you know what I’m saying.’” The remark triggered a brief dispute, with some claiming a “translator” was required and others defending the clarity of the artist’s speech. It’s a strange thing—while the message is powerful, it has to be disseminated effectively to reach a larger audience.
The hip-hop culture has always been infamous for lacking financial literacy and due diligence, but with Zillionaire Doe’s moves under Yo Gotti’s wing and brand, this stems the tide. One comment mentioned, “News flash: yo Gotti teaches all his artists to do this. U ain’t never seen a broke CmG rapper.” This doesn’t stand alone, as CMG has developed a business-oriented culture and has artists like Moneybagg Yo and EST Gee as other artists who reportedly make headlines for their investments outside of music. Gotti has always been vocal about the importance of ownership and generational wealth, making Zillionaire Doe’s moves great representations of the brand.
The importance of this story is further underscored by Nick Cannon. As a performer and an entrepreneur, Cannon has been a persistent advocate for black excellence and economic liberation. With the sharing of this, Cannon shines a light on Zillionaire Doe, as expected, but also was able to amplify a very important message to the young aspiring fans and artists; for them, fame is not the only pursuit, but making your money work for you is a goal, and in this particular industry where there’s a plethora of stories of mismanaging finances, the change of narrative for this story is very well welcomed.
The post also invited talk about faith and gratitude, particular comments, “It was the by the Grace of God for me 🥰 I love seeing young men give God the glory 🙌🏾.” This perspective of fortune as a blessing that requires wise stewardship management resonates with many in the community. Others, such as the one who remarked, “Smart Guy, Do what people in power would do with the money. You soon will gain power of your own. 🤜🏿🤛🏾 Black/ African Diaspora Unity Is Key,” linked the move to other forms of empowerment and unity within diaspora.
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Radio and social media have lately seen numerous conversations about the future of the rap game and the wisdom surrounding it, with Zillionaire’s story now being a shining example as a consequence of the support. He is proof that a young artist isn’t bound to cyclic struggles if they have the proper backing. With regards to this subject, the participation of Cannon is much needed evidence, since nobody doubts that a person in a leadership role, particularly with actions that have a tangible impact, is likely to impact the lives of people. Investors, as well as peers, seem eager to witness the genuineness of street business in the rap industry, which indeed is positive to observe. While Cannon views these developments, I expect numerous other artists to exit the rap industry in an improved condition, of course major respect is due to Zillionaire Doe for truly understanding his own calculus.
This story originally appeared on Celebrityinsider