Daddy Owen has revealed how he manages and invests the income earned from his music career and performances.
Speaking during a podcast, the gospel artist shared that he has always prioritised investing part of his earnings outside music. Like many Africans, he began by purchasing land, which he considers a valuable and stable investment. One of his first major moves was buying land and building a home.
“Of course I did outside music investments the first thing, as Kenyans tunamini ni mchanga, and the second thing inakuanga brick and mortar, before you start rushing to other investments that you believe zinaweza, like bonds and treasury bills,” Owen said.
He later expanded his investment approach by exploring government securities, aiming to diversify and grow his income sources beyond entertainment.
However, Owen also acknowledged making mistakes along the way. Starting to earn from music at a young age, he admitted to spending money on ventures that did not yield returns, such as organising passion-driven events and buying vehicles. He also recalled spending on unnecessary luxury experiences, including international trips, like flying from Dubai to London to watch an English Premier League match, simply because he could afford it.
“At the same time, kuna poor decisions zenye nilimake coz I was still very young. Unafanya event yako haileti pesa, but unafanya tu for the passion and all that,” he added.
“Like travelling for no good reason. Nakumbuka nikitoka hapa nilienda; the first time I saw an Airbus, nikasema lazima niingie, wakasema Kenya haikujangi, nikaenda Dubai nikapanda hadi UK kuona EPL,” he added.
His reflections offer insight into the financial journey of a young artist navigating fame, income, and investment choices.
Who is Daddy Owen?
Daddy Owen, born Owen Mwatia on January 1, 1982, is a Kenyan contemporary Christian music artist and songwriter from Kakamega, known for his unique blend of gospel, Kapuka, and Lingala music. He rose to fame with hits like “System ya Kapungala,” “Mbona,” “Tobina,” and “Saluti,” releasing his first album, Haijalishi, in 2004.
He has released four albums: Saluti, System ya Kapungala, Son of Man, and Haijaisha. Owen won the Groove Awards Male Artist of the Year from 2009 to 2011, with Saluti earning three nominations and winning in all categories.
He also won the 2012 Kisima Awards Artist of the Year and received an MTV Africa Music Award for Best Anglophone Artist.
