Business & Economy
Singer Akon Tells Davido, Wizkid, Others To Avoid Buying Private Jets
Senegalese-American singer, Akon has warned African music stars such as Davido, and Wizkid among others to avoid buying or owning private jets.
BrandNewsDay reports that the ‘Blame It On Me’ crooner gave the warning while featuring as a guest in the latest episode of Impulsive Podcast.
He said celebrities should steer clear of private jets if they want to “stay rich.”
“Whatever you do, do not own a private jet. Bro, owning a jet is spending at least 2-3 million dollars a year just for its upkeep.
“You spend more on the 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,” Akon said.
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According to Akon, “If you want to stay rich, stay stingy. I’m the stingiest man on the planet.”
Some Nigerian singers are owners of private jets. The first to acquire one was Davido in 2018. Wizkid is also said to have his own jet too.
But many of them hire jets when they want to travel for their shows.
Akon, whose full name is Aliaune Damala Bouga Time Puru Nacka Lu Lu Lu Badara Akon Thiam, clocked 50 years in April.
Outside of music, he is involved with the Akon Lighting Africa project, which began in 2014. It aims to provide electricity to 15 countries in Africa.
He also launched his own charity for underprivileged children in Africa called the Konfidence Foundation.
The most ambitious of Akon’s projects is his plan to build Akon City, from scratch in Senegal.
He announced the project in 2018, but no progress has been made so far.