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Topic: Is this a result of a poor investment plan or what? (Read 266 times)

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I know some of them joined the industry at the time when social media monetization wasn't popular and might not have gotten the financial benefit this current Nollywood stars have now through social media but I still know that they had money during their prime and that if they had probably invested the money into some major things, by now, they wouldn't get to a point where to get money for  proper treatment would be a major problem.
Yea, I totally agree with you on this, the lack of social media monetization have made them achieve little financial benefit. Let take Late. Mr ibu as an example, in the Movie industry mr. Ibu was a GOAT, an Idol but he died on the on a sick bed seeking financial assistance, during their time there was little or no endorsement deal, and the movie industry was not paying much on like now. the coming of Netflix is also a Plus to movie stars nowadays. So during their time they only get paid for the movie, with barely or no other benefit

What do you think is  the possible cause of the mysterious sickness that always surrounds the death of most of our Nollywood stars? Do you think the industry isn't fetching them alot of money as the average outsider imagin? If they invested their wealth into something tangeable, would they necessarily beg before undergoing major medical treatment?
Well I can’t possibly say what the cause of their sickness may be but I think when you a public figure or a Star, you get exposed to some drugs or hard alcohol which is  like a lifestyle there, so you have to live that lifestyle, you don’t want to be odd amongst them. You can be in a movie gathering and say you don’t drink alcohol or smoke, you will be even shy to say it: So with this lifestyle you a killing your organs and after some year you are definitely going to pay for it.
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I know some of them joined the industry at the time when social media monetization wasn't popular and might not have gotten the financial benefit this current Nollywood stars have now through social media but I still know that they had money during their prime and that if they had probably invested the money into some major things, by now, they wouldn't get to a point where to get money for  proper treatment would be a major problem.
There's more to comprehend than mere watching videos. It'd been noticed online how accessible is their gadgets and know the importance they brings for the police notice. The industry is not for relenting forces but retired bones. There are faces that will give
any actor or actress that's been donated for when they catches balance health, perhaps it's been used mainly to collect money. When you have back problem, let them visits the doctor and the Nollywood should take good care.
sr. member
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Lately, we've seen series of deaths in the Nollywood space and sadly, most of our legends died because of diseases that could be treated if the financial resource was readily available at the time it was needed but as sad as it's always been, most of them have to beg for financial help from the public before even getting the money needed for thier treatment.

I know some of them joined the industry at the time when social media monetization wasn't popular and might not have gotten the financial benefit this current Nollywood stars have now through social media but I still know that they had money during their prime and that if they had probably invested the money into some major things, by now, they wouldn't get to a point where to get money for  proper treatment would be a major problem.

What do you think is  the possible cause of the mysterious sickness that always surrounds the death of most of our Nollywood stars? Do you think the industry isn't fetching them alot of money as the average outsider imagin? If they invested their wealth into something tangeable, would they necessarily beg before undergoing major medical treatment?
You you check very well it is the male actors that are the major victims of money begging for treatments in the Nollywood. This simply suggest that they were not properly paid back then. Possibly the females were much favoured by other things because of their delicate mature. You see most of these actors back then didn't go into acting career because of money. Some when to the career because it was their passion. So money basically wasn't their drives. So whatever they paid them was okay for them. And our economy was working then so it was enough for them.
I agree with you, it's the male counterpart that are major victims that are always in a difficult situation. The ladies always have some other incentives that do favour them, unlike the men. This goes to as well tell us that they are not paid handsomely during their active years, I remember when one of the nollywood legends was complaining that, at some point in the peek of his career,  he was paid 30 thousand Naira. Yeah money wasn't their drive at those days, it was majorly the passion they had to put smile in people's faces.
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Lately, we've seen series of deaths in the Nollywood space and sadly, most of our legends died because of diseases that could be treated if the financial resource was readily available at the time it was needed but as sad as it's always been, most of them have to beg for financial help from the public before even getting the money needed for thier treatment.

I know some of them joined the industry at the time when social media monetization wasn't popular and might not have gotten the financial benefit this current Nollywood stars have now through social media but I still know that they had money during their prime and that if they had probably invested the money into some major things, by now, they wouldn't get to a point where to get money for  proper treatment would be a major problem.

What do you think is  the possible cause of the mysterious sickness that always surrounds the death of most of our Nollywood stars? Do you think the industry isn't fetching them alot of money as the average outsider imagin? If they invested their wealth into something tangeable, would they necessarily beg before undergoing major medical treatment?


Whether they joined the industry early or lately is not enough reason why someone should not be financially stable, we know the value of money then was very low and poor compared now but even as that, the money they where paying them then, was enough to start up something or invest for future, you can't tell me joining industry early is the reason for those things you are saying because if they check very well there are people who also joined this industry very early but they are doing absolutely better/well, that is planning for you. Nobody has excuse to be poor or ignorant in life because everybody has the opportunity to do greater things, funny enough most people go extra miles to create opportunities for themselves. Even the industry, they always chase one another most especially when you are doing better than them and sometimes even people outside the industry ( people that are not privilege to be their or due to one or two things they disqualified them) always envy and jealous others who is there that is why it is good to always be on the Lord's side because he's the only person that can deliver people from those affliction. 
full member
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Lately, we've seen series of deaths in the Nollywood space and sadly, most of our legends died because of diseases that could be treated if the financial resource was readily available at the time it was needed but as sad as it's always been, most of them have to beg for financial help from the public before even getting the money needed for thier treatment.

I know some of them joined the industry at the time when social media monetization wasn't popular and might not have gotten the financial benefit this current Nollywood stars have now through social media but I still know that they had money during their prime and that if they had probably invested the money into some major things, by now, they wouldn't get to a point where to get money for  proper treatment would be a major problem.

What do you think is  the possible cause of the mysterious sickness that always surrounds the death of most of our Nollywood stars? Do you think the industry isn't fetching them alot of money as the average outsider imagin? If they invested their wealth into something tangeable, would they necessarily beg before undergoing major medical treatment?
You you check very well it is the male actors that are the major victims of money begging for treatments in the Nollywood. This simply suggest that they were not properly paid back then. Possibly the females were much favoured by other things because of their delicate mature. You see most of these actors back then didn't go into acting career because of money. Some when to the career because it was their passion. So money basically wasn't their drives. So whatever they paid them was okay for them. And our economy was working then so it was enough for them.
sr. member
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We should not be too quick to judge, who knows if they invested some of their money but unfortunately things took a turn. Back then, their where no proper knowledge on investment like Bitcoin but I'm sure they do not just leave from hand to mouth, they must have invested into something or due to not being able to pay medical bills have to sell off many of their investment, we just need pray not to fall into same condition to know the reasons why they came out to ask for help.

I think the industry are now getting paid even more unlike before where things and currency value were minor.

You said it as it is, who said they did not invest, lets not forget that Bitcoin was not as it now, people were not conversant with it and no one will tell me that he knew that Bitcoin will be this popular and a lucrative asset, this just happens, apart from Bitcoin many people has investments spread across other sectors, so lets not just consider only one side.
Though I know that most of our Nigerian actors and actress are just lavishing themselves in fake life but still most of them has undisclosed investment that they choose to keep secret and for  me this is personal and no one should be dragged for any reason.

We are still on the same page, nothing contradicting from what I had earlier replied, regarding the cases of if they did invest or not is not on our hands to judge because we only know what they put out there for us to know and they wouldn't disclose every of their investment to the public. What do you mean by fake life? before lavishing it's noted you have what it takes to spend, they don't spend on debts or borrowed money, they hustled for it and it's no ones business to look into how they spend, whether lavishly or not.
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We should not be too quick to judge, who knows if they invested some of their money but unfortunately things took a turn. Back then, their where no proper knowledge on investment like Bitcoin but I'm sure they do not just leave from hand to mouth, they must have invested into something or due to not being able to pay medical bills have to sell off many of their investment, we just need pray not to fall into same condition to know the reasons why they came out to ask for help.

I think the industry are now getting paid even more unlike before where things and currency value were minor.

You said it as it is, who said they did not invest, lets not forget that Bitcoin was not as it now, people were not conversant with it and no one will tell me that he knew that Bitcoin will be this popular and a lucrative asset, this just happens, apart from Bitcoin many people has investments spread across other sectors, so lets not just consider only one side.
Though I know that most of our Nigerian actors and actress are just lavishing themselves in fake life but still most of them has undisclosed investment that they choose to keep secret and for  me this is personal and no one should be dragged for any reason.
sr. member
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What is killing us most in this part of the world is this so called packaging like while can't people be just open and do away with their ego rather than wanting to maintain a luxurious lifestyle simply because you are a notable figure or a celebrity. So many people live fake lives just to impress others that they are doing well even when in reality, they ain't doing well at all. A lot of people goes with the mentality that inasmuch as they have gotten fame and influence that they would do any possible to maintain that standard. People literally live their lives at the detriment of other people trying to create an impression that everywhere is still "green".

It is high time we left this fake life called packaging and be Open to reality and face things the way they are without minding the opinion of the public.

However, death is a natural occurrence as it can happen to anyone regardless of whether you are poor, rich, influencial, celebrity and all that. Every one must obey the call of nature when their time is due on earth so the death of influencial people In the society should not stand as a shock as if they ain't humans as we are.

Any one can beg for assistance when they ain't too buoyant enough to foot their medical bills and we should discard this narrative of feeling that ones you are a celebrity that you can get everything on a platter of Gold.
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Sometimes, we might think that this Nollywood actors are making huge cash, because we see them on TV, and in big houses with expensive cars and cloth, but it is not the same in real life. This was why some of time, thought that bit was easy to sing, and sang some weird songs then, be cause music gives more money in the country than what the Nollywood actors get. So they are not as rich as we think.

However, some of them failed to invest during their reign, because they believed that they will continue reigning forgetting that there is a point in time that it is what you accumulated during your days of making money that will sustain you in the future, if you invest it. Some of them might have also invested but their investment failed.

Maybe the sickness is the has already taken all that they have invested, and still no cure, because I heard when Mr. Ibu said that he has spent everything he has an there is still no improvement. So only God knows what is the curse of their sickness that is leading to their death.
Well you said something there mate, like they say not all that glitters is gold because I believe that's the mentality of almost every Nigerian citizen towards the movie actors. Sometimes life can be full of surprises and not preparing for it can break you down and I don't know how these actors planned their life but one thing is also certain that when it comes to sickness no one really plans for that and it just the mercy of God to finally save someone and for Mr. Ibu case he was so unfortunate and left us but still at that some can have everything and still go broke trying to fix himself so we should try and look at things from a wider approach too.
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We should not be too quick to judge, who knows if they invested some of their money but unfortunately things took a turn. Back then, their where no proper knowledge on investment like Bitcoin but I'm sure they do not just leave from hand to mouth, they must have invested into something or due to not being able to pay medical bills have to sell off many of their investment, we just need pray not to fall into same condition to know the reasons why they came out to ask for help.

I think the industry are now getting paid even more unlike before where things and currency value were minor.
Brilliant reply. Life can be so unpredictable. We should not be so quick to draw conclusions about how life has treated people. We all know it is unfair, even the best and most holy people, one way or another, would get screwed up by life. I have seen the good die young, and you start wishing what they do deserves this. One thing I have come to understand is that we should share love because that is the purpose of life. You will see people walking in the streets, all with different problems, illnesses, and pains that have been held only to themselves.
Illness or death is not selective, whether rich, average or poor, popular and internationally recognized or unrecognized, it afflicts once your body is prone to having it due to some system malfunctioning or what we have ingested. I believe they must have already spent a lot of money before trying to draw attention, having seen all they had gone on the essence of saving their life.

You will see people walking in the streets, all with different problems, illnesses, and pains that have been held only to themselves.
One popular example is Chadwick Boseman from the movie Black Panther, we see him in the movie and cast looking very happy, no one thought he was undergoing severe illness that will amount to end his life, like you said life is unpredictable, we just have to live in it till our time comes for departure.


We should not be too quick to judge, who knows if they invested some of their money but unfortunately things took a turn. Back then, their where no proper knowledge on investment like Bitcoin but I'm sure they do not just leave from hand to mouth, they must have invested into something or due to not being able to pay medical bills have to sell off many of their investment, we just need pray not to fall into same condition to know the reasons why they came out to ask for help.

I think the industry are now getting paid even more unlike before where things and currency value were minor.

In a nutshell,I believe the Nollywood industry is facing two major problems. Firstly, there's a lack of sufficient funding from the government and other related investment platforms that would enable the industry to become more marketable, with actors, actresses, managers, and producers able to produce high-grossing movies. This gap in investment opportunities exists both from the government and the private sector.

The government must also take the lead in ensuring that the industry produces quality content aligned with global standards. But if you check historically, there has been a gap in investment opportunities, although recently, we've seen Nollywood movies featured on platforms like Prime, Netflix, and Showmax. This gap still exists, and the government needs to address it, which I believe the current administration, with Hannatu Musawa as the minister, is working towards. Her exposure suggests that she will put more effort into ensuring the industry is well-funded and addressing these gaps through her initiatives.

Another thing is, the government should involve the private sector and seek international funding to produce films that reflect the country's history and cultural identity. This would open more doors for actors in the international market.

Secondly, due to the limited funds available,our actors and actresses rely on brand ambassadorships and online platforms like YouTube to earn money. Many of our celebrity actors are diversifying into skit making to supplement their income. But, their financial constraints have lead to challenges in maintaining a celebrity lifestyle, which is necessary for their branding and industry standards. Despite this, they strive to uphold this standard, even though they may not have the financial capacity to do so.And this is why you seen several cases where our celebrity actors battle with their medical expenses and wont still have necessary support from their colleagues.

The lack of funding and financial instability are significant roadblocks for our actors and actresses in the Nollywood industry which has greatly contributed to their inability to thrive and invest in their careers.
The Nollywood is actually been improving in their movies, it's a good advancement. I personally don't know how the government should get involved helping them but the one reason I think no enough funds is realized after every movie is because the audience are limited within the same country it was acted unlike the whites which even we the black prefers to watch. It's a matter of international contents, if they can display good contents that will attract more audience to watch then a better amount of money will be realized after every movie.
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I know some of them joined the industry at the time when social media monetization wasn't popular and might not have gotten the financial benefit this current Nollywood stars have now through social media but I still know that they had money during their prime and that if they had probably invested the money into some major things, by now, they wouldn't get to a point where to get money for  proper treatment would be a major problem.
You can't tell if they invested the money in another business or not, life is full of ups and down and people face alot of challenges yet you will never know. Most of the people you see with smiling faces may never be happy in the quiet moment, because they go through alot. Being a celebrity does not mean all is well with them, you should know that celebrity are of class and types and also stage.

Like before Nollywood were not paying a tangible amount of money as compared to our present generation. They had no vision of self promoting market strategy like the way our current Nollywood actors and actresses now advertise the video on YouTube and Facebook like the way they do now. Those days they were acting like salary earners, meaning after acting they get paid and we all know that self employed job and salary job are not thesame. They were using the skill to make money them, before they could realise they have use their talent toake money for people. Now they are not in good position to cater for themselves because they are broke actors. So that I what I think happened to them.

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Lately, we've seen series of deaths in the Nollywood space and sadly, most of our legends died because of diseases that could be treated if the financial resource was readily available at the time it was needed but as sad as it's always been, most of them have to beg for financial help from the public before even getting the money needed for thier treatment.

I know some of them joined the industry at the time when social media monetization wasn't popular and might not have gotten the financial benefit this current Nollywood stars have now through social media but I still know that they had money during their prime and that if they had probably invested the money into some major things, by now, they wouldn't get to a point where to get money for  proper treatment would be a major problem.

What do you think is  the possible cause of the mysterious sickness that always surrounds the death of most of our Nollywood stars? Do you think the industry isn't fetching them alot of money as the average outsider imagin? If they invested their wealth into something tangeable, would they necessarily beg before undergoing major medical treatment?

Fowl go dey shit for person head, person go just dey continue dey follow am dey go, if the person nor go do anything. Na so the acting profession for Nigeria be, dem no get financial management on how to chop their money. Na why dem dey beg for social media after dem don old small. The industry fit help them, by teaching them about money. Dem fit do class for money management. Dem fit connect them to person wey dey work with money, to give them advice. Dem fit even set up welfare scheme wey go dey give help to the actors and actresses wey don old small and no dey fit work well well again. The scheme fit pay for some of their bills like rent and medical care. So that them fit no dey beg for social media again. Or maybe the government fit help or maybe use part of the money wey dem don make from acting or shows to take do welfare scheme.
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We should not be too quick to judge, who knows if they invested some of their money but unfortunately things took a turn. Back then, their where no proper knowledge on investment like Bitcoin but I'm sure they do not just leave from hand to mouth, they must have invested into something or due to not being able to pay medical bills have to sell off many of their investment, we just need pray not to fall into same condition to know the reasons why they came out to ask for help.

I think the industry are now getting paid even more unlike before where things and currency value were minor.

In a nutshell,I believe the Nollywood industry is facing two major problems. Firstly, there's a lack of sufficient funding from the government and other related investment platforms that would enable the industry to become more marketable, with actors, actresses, managers, and producers able to produce high-grossing movies. This gap in investment opportunities exists both from the government and the private sector.

The government must also take the lead in ensuring that the industry produces quality content aligned with global standards. But if you check historically, there has been a gap in investment opportunities, although recently, we've seen Nollywood movies featured on platforms like Prime, Netflix, and Showmax. This gap still exists, and the government needs to address it, which I believe the current administration, with Hannatu Musawa as the minister, is working towards. Her exposure suggests that she will put more effort into ensuring the industry is well-funded and addressing these gaps through her initiatives.

Another thing is, the government should involve the private sector and seek international funding to produce films that reflect the country's history and cultural identity. This would open more doors for actors in the international market.

Secondly, due to the limited funds available,our actors and actresses rely on brand ambassadorships and online platforms like YouTube to earn money. Many of our celebrity actors are diversifying into skit making to supplement their income. But, their financial constraints have lead to challenges in maintaining a celebrity lifestyle, which is necessary for their branding and industry standards. Despite this, they strive to uphold this standard, even though they may not have the financial capacity to do so.And this is why you seen several cases where our celebrity actors battle with their medical expenses and wont still have necessary support from their colleagues.

The lack of funding and financial instability are significant roadblocks for our actors and actresses in the Nollywood industry which has greatly contributed to their inability to thrive and invest in their careers.
hero member
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Well thank you for bringing up this issues though have also been thinking about the sudden death ravaging and hovering around the movie industry and after dip thought, I came to draw a conclusion that the reason for their sudden death is as a results of no proper cleansing or prayers after acting some dangerous move scene or characters.

Watch or look very well, those actors or actress that has refused to act on dangerous scene or move season watch their lives they are still active and sound health till today. I have also heard a lady was attack by witches for revealing their secrets in a movie roles after the movie was shoot out already and she was lucky enough to have ran for her dear life otherwise she could have been dead by now.

So, What I am trying to say is that they should limit acting some horror movie to save their lives because I could remembered then I never seen Aki & Pawpaw accepting to act where they are dead or put them inside casket, I never seen where Destiney Etiko put inside casket, neither have I seen where Desmond Eliot or Ramsey Noah and Charles Inojie been put inside casket or whatever.

The character in a movie role affects them after shooting that movie so, if they could call for a pure deliverance after shooting movie then this could be fine for them to save their lives or better still they should look out for those strong men of God to pray for them after shooting those movie, sometimes we might feels that those things means nothing to the real world but without know they are revealing dip secret about what is happening in the country after the movie season those evil spirits don't mind coming to attack them physically for showcasing their secrets.
 
So, this is not about investment or not investment, It has to do with spiritual and anything spiritual has to be backup with prayers and strong deliverance, I could remembered those days in our church where I acted a movie role like a witch then but after every the pastor in charge conducted a serious deliverance on us otherwise who know what could have happened to us then.
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We should not be too quick to judge, who knows if they invested some of their money but unfortunately things took a turn. Back then, their where no proper knowledge on investment like Bitcoin but I'm sure they do not just leave from hand to mouth, they must have invested into something or due to not being able to pay medical bills have to sell off many of their investment, we just need pray not to fall into same condition to know the reasons why they came out to ask for help.

I think the industry are now getting paid even more unlike before where things and currency value were minor.
Brilliant reply. Life can be so unpredictable. We should not be so quick to draw conclusions about how life has treated people. We all know it is unfair, even the best and most holy people, one way or another, would get screwed up by life. I have seen the good die young, and you start wishing what they do deserves this. One thing I have come to understand is that we should share love because that is the purpose of life. You will see people walking in the streets, all with different problems, illnesses, and pains that have been held only to themselves.
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Most of the old actor's did not have the privileges that the newer  actor's have, not that they don't produce good contents but they lack the medium to fully monetized those contents, unlike the new actor's who have social media verified and monetized accounts that pays them for their contents views and likes.

Now that they eyes are opening to some of this things, age is already gone and the health crisis that comes along with old age is telling on most of them, well it a sad things but we all pray for good health because health they say is wealth.

What happened to them is not as a result of any thing close to mismanagement or lack of investment plans, but more of access to real money at hand, most of them are just popular on screen but poor in real life.
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Lack of good investment plan also contributed to this. At first I was thinking that topic dey tok about cryptocurrency investment it was when I come check di inside I come see shey na another thing well all Di same because na investment matter nai dey here. And one thing those people forget to do be shey when the money dey enter their hands dem use dey do other things but dem forget weti go happen foe future. Live na one thing wey person no fit predict.

And one thing be shey sickness ba one thing wey no know money. Whether you get money or not him go come and I don see shey many people wey dey do hospital even get money plenty but Di money e no fit cure am. So na God. Be liberal to all Humans and be happy with all men. God k ow weti him dey do.
   Omor this matter just tire me because e get many people for this Nigeria (world) wey never start to dey invest their money for anything, and make e no shork us say nah because of lack of investment nai make lot of our celebrities dey fail.
   The things wey make us blacks nah good planning and ones you haven't planned yourself you are not a black person (Africa).
   Honestly speaking, we have to specify the kind of investment we are talking about and truth be told that every investment is worth our money but we must be careful the kind of investment we do.
   IMO, I think some celebrities already invested money in various places but because not all investments are genuine, they lost all their capitals, so they go broke.
   In those days, 100k was very big and you can use it to do something profitable, but now, 100k is not can not afford a 3 square meal in a whole month.
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Lack of good investment plan also contributed to this. At first I was thinking that topic dey tok about cryptocurrency investment it was when I come check di inside I come see shey na another thing well all Di same because na investment matter nai dey here. And one thing those people forget to do be shey when the money dey enter their hands dem use dey do other things but dem forget weti go happen foe future. Live na one thing wey person no fit predict.

And one thing be shey sickness ba one thing wey no know money. Whether you get money or not him go come and I don see shey many people wey dey do hospital even get money plenty but Di money e no fit cure am. So na God. Be liberal to all Humans and be happy with all men. God k ow weti him dey do.
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I know some of them joined the industry at the time when social media monetization wasn't popular and might not have gotten the financial benefit this current Nollywood stars have now through social media but I still know that they had money during their prime and that if they had probably invested the money into some major things, by now, they wouldn't get to a point where to get money for  proper treatment would be a major problem.

What do you think is  the possible cause of the mysterious sickness that always surrounds the death of most of our Nollywood stars? Do you think the industry isn't fetching them alot of money as the average outsider imagin? If they invested their wealth into something tangeable, would they necessarily beg before undergoing major medical treatment?

As we all know, sickness can be caused by different means, such as eating unhealthy foods, eating too much processed food, which at times is not usually recommended, or untreated or mistreated diseases. The industry may be fetching those Nollywood stars enough money, but it's not everyone of them who knows how to spend money wisely; some of them lived a lavish lifestyle without investing their income, and some also might not have been earning too much money, just like you thought.

I have read the story of some late Nollywood stars who died due to critical health issues; some of them never had a single investment on their name, while others had a terrible home and relationship; some had failed investments; and just some terrible circumstances befell some of them. 
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Sometimes, we might think that this Nollywood actors are making huge cash, because we see them on TV, and in big houses with expensive cars and cloth, but it is not the same in real life. This was why some of time, thought that bit was easy to sing, and sang some weird songs then, be cause music gives more money in the country than what the Nollywood actors get. So they are not as rich as we think.

However, some of them failed to invest during their reign, because they believed that they will continue reigning forgetting that there is a point in time that it is what you accumulated during your days of making money that will sustain you in the future, if you invest it. Some of them might have also invested but their investment failed.

Maybe the sickness is the has already taken all that they have invested, and still no cure, because I heard when Mr. Ibu said that he has spent everything he has an there is still no improvement. So only God knows what is the curse of their sickness that is leading to their death.
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