akon city

Akon Provides An Update On The Highly-Anticipated “Akon City”

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Akon, the multi-platinum artist turned entrepreneur, opened up about the progress of his ambitious Akon City project. During a candid interview with Chuck Creekmur of AllHipHop, he reiterated that the city is in development. Akon first announced Akon City in 2018, meant to be a futuristic, eco-friendly city in Senegal powered by cryptocurrency. Fans immediately likened it to Wakanda, the fictional African city that Marvel’s Black Panther series takes place in. That was in part because the first Black Panther film released just a few months before his initial announcement. Now, Akon’s admitting that he may have gotten ahead of himself when first explaining the massive undertaking.

“My biggest thing was I promoted it way, way, way too early,” Akon said during the interview with Creekmur. He said that excitement motivated the early announcement. “Of course, anything that exciting that would change a culture, people will naturally want to know what’s happening right now, assuming that it’s already happening. But it was in a process of creating.” The vision for the city began as a technological and economic hub for Africa, including luxury apartments, a cryptocurrency-based economy and progressive energy solutions.

Read More: Kendrick Lamar Shocks The World With New “GNX” Snippet

Akon Says City In Senegal Is “Nowhere Near” Done

Akon stressed the magnitude and complexity of the effort: “It’s a city. Nowhere near done.” Early plans included 2,000 acres and a $6 billion price tag to complete. Akon and his team broke ground in 2020. Akon City’s goal is to be a source of innovation for Africa. It is located in Mbodiene, Senegal, with a goal of attracting tourists, entrepreneurs and investors. However, Akon has repeatedly said that the project is also about creating opportunities for Africans to thrive.

“Senegal is home to my family and heritage,” Akon shared when detailing the project on the Assets Over Liabilities show last August. “I want to make a lasting impact that bridges the gap between the people of Senegal and the rest of the world. It’s a process,” he said. Akon is committed to making the city a reality, and of course, time will tell on if it will thrive or not. Elsewhere in the interview, he confirmed that Not Guilty, his sixth studio album, is set for a 2025 release.

[Via]

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Akon Net Worth 2024: Updated Wealth Of The Star

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Akon, born Aliaune Damala Badara Akon Thiam in 1973, is a Senegalese-American musician, producer, and entrepreneur who has been making waves in the music industry since the early 2000s. This article will explore the various factors that have contributed to Akon’s wealth, including his music career, business ventures, and philanthropic activities.

What Is Akon’s Net Worth?

As of 2024, Celebrity Net Worth estimates Akon’s net worth to be around $60 million.

Akon’s Music Career And Success

Akon performing live in concert in Australia
(Photo by Naomi Rahim/WireImage/Getty Images)

Akon first gained prominence in 2004 with the release of his debut album, Trouble. This album featured the hit singles “Locked Up” and “Lonely.” He followed up with Konvicted in 2006 which included singles like “Smack That” ft. Eminem and “I Wanna Love You” ft. Snoop Dogg. To date, Akon has released a total of five studio albums. His music sales and royalties played a significant role in boosting his net worth.

He has collaborated with a host of prominent artists, such as Eminem, Gwen Stefani, and Michael Jackson. These collaborations have not only expanded his fan base but also contributed to his financial success.

Record Label And Production Credits

Akon succeeded as a record executive with Konvict Muzik.
(Photo by Ben Rose/WireImage/Getty Images)

Akon’s entrepreneurial spirit led him to establish his own record label, Konvict Muzik, which has been instrumental in increasing his net worth. The label has been responsible for launching the careers of notable artists like T-Pain. In 2007, he launched KonLive Distribution in partnership with Interscope Records. Through this imprint, he would sign artists like Lady Gaga and Kardinal Offishall. Akon extended his reach to music production, working with artists like Leona Lewis, Sean Paul, and David Guetta.

Business Ventures And Investments

Akon City is in the works.
(Photo by Seyllou / AFP) (Photo by SEYLLOU/AFP via Getty Images)

Akon has explored various business ventures, which have further contributed to his net worth. In 2007, he launched his own clothing line, Konvict Clothing, which features urban streetwear. He has also ventured into the technology industry, becoming the Chief Creative Officer of Royole, a flexible display company, to develop a solar-powered charging device.

One of Akon’s most ambitious projects is Akon City, a futuristic city he plans to build in Senegal. The city aims to be entirely powered by renewable energy and will utilize Akoin, a cryptocurrency created by Akon, as its primary currency.

Philanthropy And Social Initiatives

Akon's philanthi
(Photo by Antony Jones/Getty Images)

Akon’s philanthropic endeavors have not only earned him praise but also contributed to his overall brand value. In 2014, he founded the Akon Lighting Africa initiative. The effort aims to provide electricity to millions of people in rural Africa through the installation of solar-powered streetlights and home systems. The project has made a positive impact on the lives of many, further raising the star’s profile.

Conclusion/TLDR

Akon’s estimated net worth of $60 million in 2024 can be attributed to his successful music career, diverse business ventures, and philanthropic activities. His ability to adapt and innovate across multiple industries has allowed him to remain relevant and financially successful over the years. With ongoing projects such as Akon City and his continued passion for music and philanthropy, it is likely that his net worth will continue to grow in the coming years.

The post Akon Net Worth 2024: Updated Wealth Of The Star appeared first on HotNewHipHop.

Akon Net Worth 2023: What Is The Star Worth?

by

Akon, born Aliaune Damala Badara Akon Thiam in 1973, is a Senegalese-American musician, producer, and entrepreneur who has been making waves in the music industry since the early 2000s. This article will explore the various factors that have contributed to Akon’s wealth, including his music career, business ventures, and philanthropic activities.

What Is Akon’s Net Worth?

As of 2023, Celebrity Net Worth estimates Akon’s net worth to be around $60 million

Akon’s Music Career And Success

Akon performing live in concert in Australia
(Photo by Naomi Rahim/WireImage/Getty Images)

Akon first gained prominence in 2004 with the release of his debut album, Trouble. This album featured the hit singles “Locked Up” and “Lonely.” He followed up with Konvicted in 2006 which included singles like “Smack That” ft. Eminem and “I Wanna Love You” ft. Snoop Dogg. To date, Akon has released a total of five studio albums. His music sales and royalties played a significant role in boosting his net worth.

He has collaborated with a host of prominent artists, such as Eminem, Gwen Stefani, and Michael Jackson. These collaborations have not only expanded his fan base but also contributed to his financial success.

Record Label And Production Credits

Akon succeeded as a record executive with Konvict Muzik.
(Photo by Ben Rose/WireImage/Getty Images)

Akon’s entrepreneurial spirit led him to establish his own record label, Konvict Muzik, which has been instrumental in increasing his net worth. The label has been responsible for launching the careers of notable artists like T-Pain. In 2007, he launched KonLive Distribution in partnership with Interscope Records. Through this imprint, he would sign artists like Lady Gaga and Kardinal Offishall. Akon extended his reach to music production, working with artists like Leona Lewis, Sean Paul, and David Guetta.

Business Ventures And Investments

Akon City is in the works.
(Photo by Seyllou / AFP) (Photo by SEYLLOU/AFP via Getty Images)

Akon has explored various business ventures, which have further contributed to his net worth. In 2007, he launched his own clothing line, Konvict Clothing, which features urban streetwear. He has also ventured into the technology industry, becoming the Chief Creative Officer of Royole, a flexible display company, to develop a solar-powered charging device.

One of Akon’s most ambitious projects is Akon City, a futuristic city he plans to build in Senegal. The city aims to be entirely powered by renewable energy and will utilize Akoin, a cryptocurrency created by Akon, as its primary currency.

Philanthropy And Social Initiatives

Akon's philanthi
(Photo by Antony Jones/Getty Images)

Akon’s philanthropic endeavors have not only earned him praise but also contributed to his overall brand value. In 2014, he founded the Akon Lighting Africa initiative. The effort aims to provide electricity to millions of people in rural Africa through the installation of solar-powered streetlights and home systems. The project has made a positive impact on the lives of many, further raising the star’s profile.

Conclusion/TLDR

Akon’s estimated net worth of $60 million in 2023 can be attributed to his successful music career, diverse business ventures, and philanthropic activities. His ability to adapt and innovate across multiple industries has allowed him to remain relevant and financially successful over the years. With ongoing projects such as Akon City and his continued passion for music and philanthropy, it is likely that his net worth will continue to grow in the coming years.