Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) - Celebrities - Nairaland
Nairaland Forum › Entertainment › Celebrities › Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) (17041 Views)
Poll: Why do you think some Nigerian celebrities go broke?
Extravagant lifestyle and spendings
39% (54 votes)
No capital investment and personal development
49% (68 votes)
Investment gone bad
5% (8 votes)
Not differentiating between seed and fruits
5% (8 votes)
This poll has ended |
| Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by WiseBizInvestor(op): 2:59pm On Mar 17 |
hy Some Nigerian Celebrities Go Broke After Fame (And The Ones Who Don’t) We’ve seen this 👇story too many times. 👉A celebrity rises quickly. 👉hit songs 👉endorsement deals 👉luxury cars 👉expensive houses Then years later, the same person quietly disappears from the spotlight. Why does this happen?🤷♂️ One reason is that fame often brings high income but not always sustainable assets. Many entertainers earn money from performance, endorsements, and brand deals. But those incomes depend heavily on relevance and public attention. Once the spotlight moves elsewhere, the income can slow down drastically. Interestingly, some celebrities around the world handle this differently. They quietly invest in long-term productive assets that continue generating income even when their public careers slow down. Examples include: 👉vineyards 👉farms 👉ranches 👉production companies These types of investments are less glamorous but often more stable over time. It’s the difference between earning money and building assets. Some Nigerian entertainers have started exploring agriculture and agro-investments in recent years. Maybe they understand something important: Fame can fade. But productive assets can continue working for decades.[color=#000099][/color] What do you think? Should more celebrities start investing in sectors like agriculture and food production instead of only real estate and luxury assets?
|
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by ednut1(m): 5:40pm On Mar 17 |
So you had to use a fake picture of taye taiwo?. This is taye taiwo in December
|
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by OpSystem(m): 5:41pm On Mar 17 |
How true is your Taye Taiwo narration? |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by helinues: 5:41pm On Mar 17 |
It's a bit complicated.. Honestly Having money without fame is still maintaining as it means you know what you are doing But you see money with fame for people who are unprepared, the euphoria always let them get carried away. They see themselves as if they have arrived, they don't need anyone's input in critical decisions. Oritse Femi is a good reference. With such fame , money unexpected, you still go wasted money on lavish wedding on Olosho. Hahah he no try |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Arostar2023: 5:42pm On Mar 17 |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by obicoolnino: 5:42pm On Mar 17 |
Na wa o...long term planning is the best regardless of fame or not |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by zuby4real10(m): 5:42pm On Mar 17 |
Majority of them lived fake life (spending recklessly without investing) during their fame period. |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Kaymansion(m): 5:42pm On Mar 17 |
May a good time be our portion |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by adamkkk: 5:43pm On Mar 17 |
Remove Runtown photo from there... D other guy is not Runtown |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Jorussia(m): 5:43pm On Mar 17 |
ednut1:The thing tire me.can anyone corroborate the recent photo of run town? |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by kingsavage: 5:43pm On Mar 17 |
Nor be runtown be the second picture? |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Lexsigno: 5:43pm On Mar 17 |
So Cynthia Morgan is this ugly ![]() |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by baike: 5:44pm On Mar 17 |
I can't believe that's runtown current state |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Caaz: 5:44pm On Mar 17*. Modified: 6:35pm On Mar 17 |
We all must age,so stop the age shaming. Runtown and taye's after pictures look disheartening.... This cyntia morgan
|
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Nobody: 5:44pm On Mar 17 |
Na lie. He's far from broke, but Cynthia Morgan lives in a rented flat in Benin. I doubt if she has up to 50k in her account OpSystem: |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by GABRIEL6036: 5:45pm On Mar 17 |
They always spend lavishly thinking life is smooth and nothing can make them go down but unfortunately life happens to them in the end 😕. 1. Lack of financial planning 2. Buying expensive stuff beyond their pay grades 🙄 😒 Lord! 3. Neglecting who was there for them before fame and finally 4. Family control. Add yours... |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by shadrach77: 5:47pm On Mar 17 |
Baba Ajasco left the group ![]() |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Angelfrost(m): 5:47pm On Mar 17*. Modified: 7:00pm On Mar 17 |
You were making sense till you decided to use fake images for Taye Taiwo and Runtown. ...John Dumelo is doing far better financially as an agro businessman and politician than he ever did as an actor. You just couldn't resist the temptation to be needlessly sensational. If those people sue you now, how you go do?!! Naija bloggers, make una dey try use una brain na! |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Jorussia(m): 5:48pm On Mar 17 |
Leilanjleeane:Because somebody decides to be avoid spotlight doesn't mean he/she is broke.You can't Play football at the level of Taye Taiwo and ever become poor.If na only to dey build houses during for rent during your playing career is more than enough for them. |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by ned009(m): 5:49pm On Mar 17 |
[quote author=WiseBizInvestor post=138799366]hy Some Nigerian Celebrities Go Broke After Fame (And The Ones Who Don’t) We’ve seen this 👇story too many times. 👉A celebrity rises quickly. 👉hit songs 👉endorsement deals 👉luxury cars 👉expensive houses Then years later, the same person quietly disappears from the spotlight. Why does this happen?🤷♂️ One reason is that fame often brings high income but not always sustainable assets. Many entertainers earn money from performance, endorsements, and brand deals. But those incomes depend heavily on relevance and public attention. Once the spotlight moves elsewhere, the income can slow down drastically. Interestingly, some celebrities around the world handle this differently. They quietly invest in long-term productive assets that continue generating income even when their public careers slow down. Examples include: 👉vineyards 👉farms 👉ranches 👉production companies These types of investments are less glamorous but often more stable over time. It’s the difference between earning money and building assets. Some Nigerian entertainers have started exploring agriculture and agro-investments in recent years. Maybe they understand something important: Fame can fade. But productive assets can continue working for decades.[color=#000099][/color] What do you think? Should more celebrities start investing in sectors like agriculture and food production instead of only real estate and luxury assets?[/quote Taiye Taiwo isn't broke, run town isn't either |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Maj196(m): 5:49pm On Mar 17 |
Wait is that Runtown for real |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Mufasha101: 5:49pm On Mar 17 |
helinues:BROS NO VEX NA BUSINESS BABA DO, SHEBI THEM COLLECT GATE FEE FOR WEDDING RECEPTION |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Bosman17: 5:50pm On Mar 17 |
OpSystem:Very false! He’s not doing badly! |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Helinuse: 5:50pm On Mar 17 |
Just imagine the future of people like - Carter Efe - Peller - Sabinus Etc People who make money out of fooling themselves in the name of “comedy.” |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by phr0nesis(m): 5:51pm On Mar 17 |
ednut1:Runtown's pic is fake too |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Henix(m): 5:51pm On Mar 17 |
Arostar2023:Fake picture, that picture can't be Runtown |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Natbrowny: 5:51pm On Mar 17 |
U had to put John Dumelo to fit ur classless narrative. Guy ventured into farming. Making cool box. U think fame pays everybody |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Maria96: 5:52pm On Mar 17 |
Maj196:runtown still has 3m monthly listeners on Spotify. He is not broke. The picture is also fake |
| Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by BewareOf419: 5:55pm On Mar 17 |
Probably they don't renew their jazz.. Once you renew your jazz, you no go come down! |
Money Is Good - See Paul Pogba Before & After Fame (photos) • Kemi Olunloyo: Davido Is Broke After Paying $15million To Trend In US • Davido Mocks Mayorkun For Going Broke After Buying Car • 2 • 3 • 4
Take A Look At Wizkid’s Family – His Mum, Dad, Sons And Babymamas • Kwara Court Grants Portable ₦1 Million Bail • EFCC Denies Alleged Invasion Of Skales' Home
