*Brooklyn rapper Fabolous rang the NASDAQ stock market opening bell Monday on behalf of his alliance with a charity linked to California governor Arnold Schwarzenegger.

The artist has been made a National Music Ambassador of the After-School All-Stars, a non-profit organization founded by Schwarzenegger in 1992 to provide free after-school activities to over 80,000 kids in 13 different metropolitan cities.

Fabolous with California Governor Arnold Schwarzenegger

Fabolous joined After-School All-Stars President and CEO Ben Paul as well as Chairman Paul Wachter in New York’s Wall Street district to ring the opening bell.

Other celebrity ambassadors for After-School All-Stars include Kobe Bryant, Common and DJ Skee.