If you want to stay rich, stay stingy – Akon

Akon, the Senegalese-American singer, admitted during his appearance on the Impulsive Podcast that he considers himself “the stingiest man on the planet” as he believes that being stingy is essential for preserving his wealth.

He advised colleagues and fans against owning a private jet if they want to “stay rich.”
According to Akon: “If you want to stay rich, stay stingy. I’m the stingiest man on the planet.”

He said, “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.”