GloRilla Credits Rap-Artist-Turned-Music-Executive Yo Gotti For Her Decision To Hire An Accountant
GloRilla had to take control of her spending after her first hit single took off.
In 2022, the Memphis, TN-born artist, born Gloria Hallelujah Woods, found success with the release of her single “F.N.F. (Let’s Go),” produced by Hitkidd.
”It didn’t take the song long to blow up. It blew up in like three days,” she said during an interview on “The Shop” podcast. “So, I was just traveling the world like two days after I dropped that song ‘cause all the labels were calling me everywhere. So yeah, my life changed, changed right after I dropped that song.”
Her newfound fame came with some learning curves, such as keeping her spending habits in check. During the interview, she notes that she shifted her mindset with spending when rap-artist-turned-music-executive Yo Gotti intervened and suggested she hire an accountant.
“My first year I blew up, this was before I got an accountant. I was just spending money, and I’m like, ‘Okay, I’m getting it. I’m making it but I’m spending it too,'” she recalled. “So like, I really wasn’t just in tune… So, Gotti had got me an accountant.”
As AFROTECH? previously reported, in 2022 GloRilla signed to Yo Gotti, who had launched his own record label, Collective Music Group (CMG), in 2012.
Also from Memphis, Yo Gotti signed other Tennessee natives, such as Moneybagg Yo and Blac Youngsta. As he built his artist roster over time, Yo Gotti has continued to prioritize both artist development and financial literacy.
“One of the things I do, we make sure that first time we give you a dollar, we give you money, make sure you’re doing this, and we even advise certain things, ‘Make sure you get you a CPA,’” he said during an interview with podcast “Earn Your Leisure.” “I’m givin’ you the information, like, ‘Yo, you need this’ and ‘This why,’ and I’m giving them examples. ‘This is what happened to me. This what happens, so make sure this don’t happen to you.’”
As AFROTECH? previously reported, Yo Gotti’s business acumen allowed him to obtain a $100 million net worth through his work as an artist, executive, and entrepreneur.
“His business acumen is evident in every move he makes, breaking the mold of the old-guard definition of an executive,” Jay-Z told Forbes in early 2024 regarding Yo Gotti.
