KRG Thinks Like A Ugandan- Eddie Butita On Ksh5B Net Worth [VIDEO]
KRG had previously mentioned that he was closing in on the net worth, which would make him more valuable than each of the 24 Cabinet members...
Kenyan comedian and scriptwriter, Eddie Butita, has poked holes into rapper KRG The Don's claim that his net worth is Ksh5 billion.
KRG had previously mentioned that he was closing in on the net worth, which would make him more valuable than each of the 24 Cabinet members sworn into office after nomination by President William Ruto.
"I think I am approaching Ksh5 billion, there's money in this world," he stated. His alleged net worth is Ksh1 billion more than Prime Cabinet Secretary (CS) Musalia Mudavadi who is the highest valued member of the Cabinet at around Ksh4 billion.
However, he did not disclose the source of his wealth, as has been the case with President Ruto's CSs who were grilled by Members of Parliament (MP) in the National Assembly regarding their net worth, considered a requirement for anyone taking up the office.
KRG The Don showing off his Mercedes Benz in 2019. /STANDARD DIGITAL
Many view KRG as a musician, and as such, they questioned the source of the amount of money he claimed to have possessed.
Butita, during an interview with YouTuber Eve Mungai on Friday, October 28, laughed off his statements and insinuated that he had the mentality of a Ugandan citizen.
He thought that KRG must have valued himself with the Ugandan currency, which is currently trading at Ksh0.032 per Ugandan shilling.
"KRG reasons with Ugandan currency in mind, you know he studied in Uganda. So when he declared his net worth, he must have done so in Ugandan shillings," Butita said.
KRG's wealth and source of the same leave many talking given that he is open with his music but discreet with his financial income as he drives top-of-the-range vehicles.
During the same interview, KRG disclosed that he made his first Ksh1 million at just 17 years old, stating "That was in 2008, I was 17 years."
However, when pressed further by Ofweneke on how much he earns from his music, he responded by saying that he makes his songs out of fun and passion and likened the matter to a beautiful woman who does not have to wear makeup to appear beautiful.
KRG added that he had wealth even before he did music hence the value he gets from it is peanuts compared to what he makes from his other businesses.
"The secret of making money is first dependent on the level of hunger for the money you have, it depends on what you want in your life and how much you want to achieve in life," he advised.
Despite maintaining his secrecy on how much he makes, he revealed in a past interview with The Standard that he runs a number of businesses ranging from transport to construction to tours, among others.
"My money comes from business. I am into construction. I have a company called Kilions Group that builds roads and buildings together with my partner.
"I also have a tour and travel business called Taraja Safaris where we do ticketing, safaris, and car hire. I also have a transport business under the Wallstreet Corporation that runs the business of commercial lorries like trailers and tippers. I have other investments too" he said at the time.
According to him, he became a millionaire from lending money to other students while in Kampala, Uganda, and also from selling clothes to his friends.
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