Senegalese-American singer Akon has said that many musicians are not as financially successful as their public image suggests, despite the glamorous lifestyles often portrayed in the entertainment industry.
Speaking in an interview with Hip Hop Eye, the singer argued that while music can be highly profitable, artists are often the least financially rewarded in the value chain compared to other professionals working behind the scenes.
“In the music industry, the artist is the last to get paid. He is the broke one but he is the most famous. If you want to be broke and famous, be the artist,” he said.
Akon explained that greater financial rewards are often concentrated among producers, songwriters, managers, agents, and entertainment lawyers, who benefit from more stable and structured income streams within the industry.
“But if you want to make real money go to other sectors of music business, like the producer, songwriter, manager, agent and attorney,” he added.
He further advised that those seeking long-term financial success in the entertainment ecosystem should consider roles beyond performing, noting that many of the most lucrative opportunities exist behind the scenes.
The singer’s comments highlight ongoing discussions about revenue distribution in the global music industry, where artists often rely heavily on touring, endorsements, and digital streaming revenue, while intermediaries control significant portions of earnings.
Akon, known for global hits and business ventures beyond music, has frequently spoken about entrepreneurship and wealth creation in the creative industry.
