Categories: Entertainment

Rapper Chamillionaire Found Out His Music Label Withheld $600K From Him After Hiring Jay-_Z’s Auditor

"I started looking at the music industry differently and all of my peers...I started focusing more on equity," Chamillionaire stated.

In an interview, rapper Chamillionaire revealed he learned that the music industry ripped off its artists and shared his own experience. The interview was shown on TikTok.

@makethemovefinancial
#chamillionaire #millionairemindset #inspiration #focus #musicindustry #foryou #fyp #foryourpage #money #audit ♬ original sound – MakeTheMoveFinancial

The “Ridin'” rapper started by stating his belief that the music industry was designed to scam artists financially.

“I believe that when the check gets handed to the artist, the check is normally not right,” he stated.

Chamillionaire, real name Hakeem Temidayo Seriki, revealed that fellow rapper Nelly told him that the industry swindled the artists and introduced him to auditing.

According to ASQ, auditing inspects one’s or an organization’s account to ensure everything complies. Chamillionaire hired Jay-Z’s auditor.

“This guy went and said, ‘I’ll do it for…I’m not going to charge you upfront; I’m going to take a piece,” Chamillionaire explained. “So, he goes, and he finds over $600,000 that the label hid from me.”

The rapper didn’t realize that his peers in the music industry had no idea about it. He also thought

that chart-topping songs at no. 1 were because the song was good, but he discovered artists had to pay for their songs to hit no. 1.

“I started looking at the music industry differently and all of my peers…I started focusing more on equity,” he said. “I wasn’t the guy trying to chase a piece of a show that somebody’s gonna pay me $10,000 to do. I wanted to get a piece of the actual thing that was holding these build up.”

After realizing what the industry was like, Chamillionaire decided it was time to leave Universal Music Group.

He continued, “So, I realized all these guys weren’t thinking like that and the way I got off of Universal, and they didn’t want to let me go as I told them, ‘If you don’t let me go, I’m going to teach all of these guys on the label how to do an audit. And they let me go because of that. They didn’t want to pay all of that money.”

Share
Published by
Taylor Berry

Recent Posts

Serving up Thanksgiving trends: How America eats, drinks and tackles last-minute prep, according to DoorDash data

Thanksgiving may be rooted in tradition, but DoorDash ordering data reveals just how modern, and… Read More

1 month ago

Fannie Lou Hamer Was ‘Sick And Tired’ Of Racism, And Sick And Dying Of Breast Cancer

Hamer, a freedom fighter for Black rights, fought fiercely against white supremacy and failing health.  Read More

1 month ago

Black-Founded Invention Of Hair-Braiding Robot Crowned Winner Of Startup Contest At Harvard

The 2025 President’s Innovation Challenge Winner crowned Halo Braid as its latest winner. Read More

1 month ago

This website uses cookies.