How Conman Swindled Diamond Platnumz and How it Influence His Rate Card

17 January 2024

[Diamond Platnumz/The Guardian Nigeria]

Written by Pharis Kinyua

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In the glitzy world of music and entertainment, Tanzanian megastar Diamond Platnumz has always been known for his chart-topping hits, but recently, it's not just his music that's making headlines. His comeback to the Kenyan stage at the Tusker OktobaFest has stirred up discussions, not only for his electrifying performances, but also for an unfortunate episode of being swindled and his candid revelation about his revamped pricing strategy.

Diamond recently opened up about a shocking incident where he fell victim to a con artist, resulting in the loss of a staggering Ksh 240,591,200 million. This unfortunate event led to his decision to delay acquiring his private aircraft, leaving fans curious about why he continued to use hired private jets.

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In a rare departure from his typically private nature, Diamond revealed that he was duped by an agent who had been assisting him in purchasing a private plane. The artist had been excited about buying a substantial aircraft, but he disclosed that he was conned out of approximately Tsh 4 billion. After discovering the deception, he reported the matter to Tanzanian authorities, emphasizing the gravity of such a substantial financial loss.

Diamond explained, "The government knows, if you are conned that amount of money, you would go crazy." To deal with the situation, he shared that he had started receiving the swindled amount in installments. The incident not only caused financial distress but also negatively impacted his credibility and reputation, as it made him appear as though he had announced false information to his fans.

The con artist's manipulation shook Diamond, revealing the potential dangers even celebrities face when navigating high-value transactions. It serves as a stark reminder that anyone can fall victim to financial fraud, no matter how famous or wealthy they may be.

On a brighter note, Diamond's return to the spotlight was marked not only by his incredible performances but also by his candid explanation of his new rate card. The artist, whose real name is Chibu Dangote, emphasized the importance of East African artists receiving fair compensation for their talents. He noted that artists from other nations often command higher fees when performing in East Africa, while local artists are not paid their true worth.

This realization prompted Diamond to revise his pricing strategy, leading to his decision to turn down numerous performance offers in Kenya until he received an offer that matched his desired rate. This bold move demonstrates his dedication to elevating the value of his brand and, in turn, the East African music industry as a whole.

"So I said I must be paid the money I deserve, or else I don't come. I received several offers, and this one matched my price, and that's why I'm here," Diamond explained. His stance signifies a commitment to both his craft and his fellow artists, making a stand for fair compensation in an industry where artists' value is often overlooked.

His unwavering determination has earned him the respect and support of event organizers who recognize the immense value he brings to their shows. The Tusker OktobaFest, featuring a star-studded lineup of artists, stands as evidence of this recognition, with Diamond taking center stage as one of the marquee performers.

His journey, marked by relentless ambition and unwavering self-belief, serves as an inspiration for aspiring artists throughout East Africa. It underscores the evolving nature of the music industry and the role artists like Diamond Platnumz play in pushing for fair compensation for their hard work and dedication.

His dedication to his craft, his bold stance on fair compensation, and his commitment to family make him a multi-dimensional artist who continues to inspire and make headlines in the world of entertainment. His triumphant return to the Kenyan stage at the Tusker OktobaFest not only provided an unforgettable musical experience, but also highlighted the significance of valuing and supporting artists who have tirelessly built their brand and contributed to the vibrancy of the East African music scene.

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