Bebe Cool has opened up about his main sources of income, revealing the multiple streams that fund his lavish lifestyle and daily expenses.
In a recent interview, the Gagamel boss disclosed that he spends a minimum of UGX 3 million every single day.
To sustain this, Bebe Cool explained that he has established strong financial foundations in three key sectors: a stone quarry business, music, and politics.
Someone might wonder why I’m revealing this, but to me these are petty issues. Perhaps my explanation will help people understand why we deserve to be supported to reach certain levels. There are two very important lines of income that I have.
The first major source, he says, is his stone quarry business, which supplies materials to the government. Bebe Cool pointed out that this enterprise gives him leverage and security.
My quarry acts as a guarantee. The government actually owes me because I supply them materials.
This means I can spend a large amount and pay later when the financial year ends and the government settles its debt.
Secondly, he acknowledged his political associations as another income stream. As a known supporter of the ruling National Resistance Movement (NRM), Bebe Cool hinted that his alignment with government circles has offered him financial opportunities.
Lastly, and unsurprisingly, Bebe Cool mentioned music as his third major source of income.