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Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) - Celebrities (2) - Nairaland

Nairaland ForumEntertainmentCelebritiesWhy Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) (17061 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

1 2 3 Reply (Go Down)

Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by edogu(m): 5:55pm On Mar 17
They don't plan well when they make it big.
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by tesuto1(m): 5:56pm On Mar 17
This people can be very funny sha. Runtown broke keh,most of the guys in limelight no get wetin dat guy get,man is so loaded. I know because you don't hear much about Sheyman you will also think he's broke too,righthuh Don't play,my guy.
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by BewareOf419: 5:57pm On Mar 17
See Portable dey renew his jazz often and often, you no go see him coming down. Renew your jazz, you won't come down
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by CharlesNavy(m): 5:59pm On Mar 17
Why was John Dumelo added on the list? Dumelo is a rich man who ventures into farming. That doesnt make him a failed star
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by judewrites: 6:14pm On Mar 17
Money flies away like an eagle 🦅....

When celebrities begin to lose relevance, it's their previous investments that sustains them in hard times.
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by helinues: 6:14pm On Mar 17
Mufasha101:
BROS NO VEX NA BUSINESS BABA DO, SHEBI THEM COLLECT GATE FEE FOR WEDDING RECEPTION
Haha, when the money that was sprayed was returned. Too many unnecessary show off for the wedding
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by RodgersAkpafu: 6:36pm On Mar 17
BewareOf419:
Probably they don't renew their jazz.. Once you renew your jazz, you no go come down!
huh?
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Kalulu44: 6:39pm On Mar 17
Lexsigno:
So Cynthia Morgan is this ugly grin grin grin grin
How is that ugly to you, bcus of no make up.
That's her natural dark beauty color
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Kalulu44: 6:39pm On Mar 17
Caaz:
We all must age,so stop the age shaming.



Runtown and taye's after pictures look disheartening....
This cyntia morgan
Those are fake pictures
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Officialpyper(m): 6:40pm On Mar 17
tesuto1:
This people can be very funny sha. Runtown broke keh,most of the guys in limelight no get wetin dat guy get,man is so loaded. I know because you don't hear much about Sheyman you will also think he's broke too,righthuh Don't play,my guy.
Where Sheyman dey now sef? I used to like his songs and energy back then
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Kalulu44: 6:41pm On Mar 17
Angelfrost:
You were making sense till you decided to use fake images for Taye Taiwo and Runtown.

...Johm 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!
Omo eh! Na that Taiye Taiwo and Runtown fake pictures surprised me. Anything to gather views and likes
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by tesuto1(m): 6:47pm On Mar 17
Na Sheyman get Secret palace club in Lagos
Officialpyper:
Where Sheyman dey now sef? I used to like his songs and energy back then
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Mufasha101: 6:56pm On Mar 17
helinues:
Haha, when the money that was sprayed was returned. Too many unnecessary show off for the wedding
BROS DEY FALL HAND, TALIBAN NAH BIG EGBON FOR AREA BUT NAH MUMU PERSON HIM BE ABEG.
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Angelfrost(m): 7:01pm On Mar 17
Kalulu44:
Omo eh! Na that Taiye Taiwo and Runtown fake pictures surprised me. Anything to gather views and likes
As in... Don't mind them. If them sue them now, they will start crying for mercy all over the same media space.

Useless bloggers.
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by 2cribz: 7:02pm On Mar 17
Burna no get sense
I give him just 2years
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by AguluLiar: 7:20pm On Mar 17
shadrach77:
Baba Ajasco left the group cheesy
He never made money, there's no money in acting
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Iseddy: 7:23pm On Mar 17
Where's our BB Naija winner Efe?
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by hukslaw(m): 8:20pm On Mar 17
Me I did not read your narration, but using this Ghanaian's picture is a mistake. The guy is striving, investing and doing well for himself and his future.

Okay, bye.

WiseBizInvestor:
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 femi4: 8:32pm On Mar 17
Taye taiwo is not broke...na french citizen
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by WiseBizInvestor(op): 8:40pm On Mar 17
Generational assets are rarely built through hesitation!!

They’re built through informed timing. .
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by IBB007(m): 8:47pm On Mar 17
lol…when dem arrest this one now…dem go start to dey shout ‘oppression’…. Without any evidence you just dey post say people broke
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by bikefab(m): 9:19pm On Mar 17
It is a sad occurrence the world over. Some chase the life, others chase the bag. The difference is clear
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Goddyrichie(m): 10:07pm On Mar 17
Helinuse:
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.”
don’t say what u don’t know they meant invest low key I don’t know about d rest though but sabinus I think he invest heavily especially farm business
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by JagaLove: 10:09pm On Mar 17
Lexsigno:
So Cynthia Morgan is this ugly grin grin grin grin
yes na
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Helinuse: 10:10pm On Mar 17
Goddyrichie:
don’t say what u don’t know they meant invest low key I don’t know about d rest though but sabinus I think he invest heavily especially farm business
See your mouth.

You come here to say “don’t say what u don’t know” and yet claim that “I THINK he invests..”


You need a psychiatrist.
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by YoungBTCxchange: 5:08am On Mar 18
Nairaland is full of crap story, and the owner is not doing anything, what a shame " this site to be the best
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by Truvelisback(m): 9:26am On Mar 18
Most of them didn't plan their life well. They lived a life of luxury and extravagant life, misused their resources thinking that they would remain in the entertainment industry or relevant there forever.
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by WiseBizInvestor(op): 3:52pm On Mar 18
WiseBizInvestor:
Generational assets are rarely built through hesitation!!

They’re built through informed timing. .
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by WiseBizInvestor(op): 5:19pm On Mar 18
Generational assets are rarely built through hesitation.

They’re built through informed timing!!
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by BewareOf419: 8:25pm On Mar 18
RodgersAkpafu:
huh?
Yeah!
Re: Why Some Nigerian Celebrities Go Broke After Fame (and The Ones Who Don’t) by WiseBizInvestor(op): 10:14pm On Mar 18
Generational assets are rarely built through hesitation.

They’re built through informed timing!!!!
1 2 3 Reply

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