Renowned Nigerian rapper, Zlatan Ibile, has disclosed the reason he does not invest in emerging artistes.
During an appearance on the Adesope Live show, Zlatan said backing upcoming musicians is too risky, noting that there is no guarantee the investment will generate returns.
He made it clear that his involvement in the music industry is purely for business and financial security.
“I will rather go buy a house rather than put money on these artistes that I’m not sure will be successful or not,” he said.
“The reason I am making music is for financial stability. My goal is to be able to be responsible and financially stable. In the beginning of my career, I wasn’t balanced. I suffered from pressure and anxieties.”
Zlatan, however, said he is willing to collaborate with up-and-coming artistes, stressing that he was giving similar assistance while coming up.
