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Micheal Collins Ajereh, Nigerian music producer better known as Don Jazzy who recently acquired a new luxury mansion in Lagos, has reacted to claims that he is broke.
The music producer made this known in a recent chat with Ebuka Uchendu for Bounce Radio.
Reacting to claims that his being broke made him opt for a rented apartment before he settled for his new luxury mansion, he said: “I have a lot of things that I would use 200, 300 million to invest in, than to just throw it on a house. I actually prefer to invest the money on my businesses. That money would do me well than just using it to purchase a giant house. I moved from a rented house. I don’t really care. Am I leaving in your house? I moved from different places to other different places. The people that matters knows what’s up. You don’t need to know what’s up”, he said.
The influential showbiz personality also stated that he has five houses in Lagos, adding that he is passionate about real estate.
“It’s a thing of joy, I am happy. I have other houses out for rent on the mainland.I have five houses in Lagos. There are two things I would go into at the end of the day, venture capital and real estate. I like investing in people’s businesses, I do already, but I will do that on a larger scale at some point. When I am done with this music thing, at the end of the day, I want to invest in real estate”.
Shedding light on the amount of rooms, he has in his new mansion, Don Jazzy said: “I have five rooms in the new house and I live alone. Someone said the house is small for me, I don’t even move away from my room, it is already too big. What do you want to use all the rooms for? It is Nigeria that gives us this mentality that you must own a house. There was a time, I was perfectly okay living in my studio. My studio was huge, has over twelve rooms. I was fine staying in one”.