Multiple award-winning Senegalese-American musician and record producer, Aliaune Damala Badara Thiam, popularly known as Akon, has recently advised people, especially his fans to be stingy if they want to stay rich.

According to the Grammy-nominated artist who is known for his chart-topping hits songs, one has to be stingy in order to maintain his wealthy status. Akon revealed that he is the stingiest man on the planet, adding that he stays that way to stay rich.

Akon made this known while speaking as a guest in the latest episode of Impulsive Podcast.

In the words of Akon, “If you want to stay rich, stay stingy. I’m the stingiest man on the planet.”

Read also; Akon reveals he got a lot of pushback trying to market Afrobeats in America in the early 2000s

The renowned crooner to a greater extent advised his colleagues and musicians against buying or owning a private jet if they want to ‘stay rich.’

He explained saying, “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 upkeep [maintenance]. 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.”

Some popular Nigerian musicians are owners of private jets. The first to acquire one was Davido in 2018. Wizkid is also said to have his jet too, but many of them hire jets when they want to travel for their shows.