Mavin Records boss, Don Jazzy has recently said his own piece regarding why Nigerian youths struggle to stay rich for a long time after making money. According to Don Jazzy, Nigerian youths go broke because they focus on irrelevant spendings buying things that they don’t really need rather focusing on long term value.
The Music Executive said that financial success should be used to support family and make meaningful investments using himself as an example that despite having massive wealth that is capable of getting him any car and even a private jet, he still invests on long lasting ventures.
he also revealed he is currently learning about Forex and other financial markets which he will also be investing on.
“The reason Nigerian youths go broke after making a lot of money is that they spend on irrelevant things. I’ve been blessed enough for a long time to be able to afford any car that I want or even to buy a private jet, but I have more important things to take care of. There is nothing that beats investment, including investing in your own self. Acquire knowledge of something you can charge people for.”
Don Jazzy is the current CEO of Mavin Records, a renown Music Record Label that has produced Artists like Tiwa Savage, Korede Bello, Di’ja, Reekado Banks in the past and currently houses Music stars Rema, Ayra Starr, Johnny Drille, Bayanni, Magixx, Boy Spyce etc.