Popular Nigerian rapper Zlatan Ibile has opened up on why he chooses not to invest financially in emerging artistes.
Speaking on the Adesope Live show, the rapper explained that putting money into up-and-coming talents carries significant risk.
Also, he noted that there is no guarantee such investments will bring returns.
He stressed that his participation in the music industry is strictly business-focused, with long-term financial stability as his primary goal.
Zlatan said:
“I would rather go and buy a house than invest money in artistes that I’m not sure will become successful.
The reason I am making music is for financial stability. My goal is to be responsible and financially secure. At the beginning of my career, I wasn’t balanced. I dealt with pressure and anxiety.”
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However, Zlatan noted that while he may not invest financially in rising artistes, he is always willing to collaborate.
Also, he added that similar support helped him during his early days in the industry.
