The meme is a parody of 'Willy Wonka & the Chocolate Factory' using the image of a known individual named Diddy and replacing 'Wonka' with 'Willy Fudge' to create a humorous effect. The altered title and Diddy's serious expression juxtaposed with the whimsical background reference the idea of the celebrity offering an alluring yet costly version of a 'sweet life', playing on the narrative of the original story where the chocolate factory offered delights with hidden consequences.