Self proclaimed King of the Lagos party, Banky W is known to be a good musician, who has many mouth-watering endorsement deals going for him but it would appear these are not the main sources through which the E.M.E boss builds his wealth which seems to be on the upward curve steadily.
The top music star on Smart Money with Arese, a personal finance platform on Instagram took time out to share his personal finance tips and gives an insight to other businesses he is into.
“The wealthiest people in urban music aren’t there because they have the hottest singles out. The Dr Dres, Puff Daddys and Jay Z-es are not super rich mainly because of their hits.They only used music as a platform to do other things. Those are the people I study. At the moment, I am into advertising, events production, marketing consulting, promotions and getting more into fashion and real estate. Business interests behind the scene that no one knows about. Diversifying my income is key. My long term well-being cannot be dependent on the last hit song I put out,” he declared.
Source: Vanguard