Be Stingy If You Want To Stay Rich – Akon Advises
Multiple award-winning Senegalese-American musician and record producer Aliaune Damala Badara Thiam, better known as Akon, recently advised his fans to be frugal if they want to stay wealthy.
According to the Grammy-nominated artist, who is known for his chart-topping hits, in order to keep one’s wealth, one must be frugal. Akon revealed that he is the world’s most stingy man and that he stays that way to stay rich.
Akon revealed this while appearing as a guest on the most recent episode of the Impulsive Podcast.
“If you want to stay rich, you have to be stingy,” Akon advises. I’m the stingiest man on the planet.”
If they want to ‘ stay rich,’ the renowned crooner advised his colleagues and musicians to avoid purchasing or owning a private jet.
“Whatever you do, do not own a private jet,” he explained. Owning a jet requires at least 2-3 million dollars in annual upkeep [maintenance]. You spend more on maintenance than the actual jet cost. This is the advice I give everybody. The money that you have now has to last you a lifetime. When you reason it that way, you are going to be very prudent.”
Some well-known Nigerian musicians own private jets. Davido was the first to obtain one in 2018. Wizkid is also said to have his own jet, but many celebrities hire jets to travel for their shows.