Asake Splurges on Rare Gold Jewellry Following Record-Breaking Collaboration: "N1.3b on Two Fingers”

• Asake has reportedly spent a total of $1 million, which is approximately N1.3 billion in local currency, on two custom-made gold rings
• The new acquisitions are not just ordinary jewelry, they are a gold-plated Cleopatra ring and an Egyptian hieroglyphic gold ring
• This massive splurge comes immediately after the release of "Real," his joint EP with Grammy winner Wizkid, which has dominated airwaves since its debut

Nigerian singer Asake, born Ahmed Ololade, has reportedly purchased a luxurious piece of jewellery worth $1 million.

The music star acquired a gold-plated Cleopatra ring and an Egyptian hieroglyphic gold ring, said to be valued at approximately ₦1.3 billion.

The reported purchase comes shortly after the release of Real, his joint EP with Grammy Award-winning singer Wizkid.

The project has enjoyed impressive replay value among fans, dominating playlists and sparking conversations across streaming platforms.

In the now-circulating clip, Asake appeared visibly excited as he showed off the gold-plated Cleopatra piece alongside the Egyptian hieroglyphic ring.

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Dressed in his signature bold fashion style, the singer beamed with pride, occasionally lifting his hands to ensure the cameras captured every detail of the luxury accessories.

The rings were not just flashy but symbolic, drawing inspiration from ancient Egyptian royalty and culture, a theme that aligns with Asake’s larger-than-life persona.

Asake speaks on struggles singing in Yoruba

Earlier, Asake opened up about the struggles he faced at the beginning of his career.

The Sungba crooner, in a recent interview with Famous TV, shared how show promoters once turned him down because he predominantly sang in Yoruba.

According to Asake, who recently reunited with her baby mama, the journey to stardom was far from smooth.

The singer disclosed that there was a time when he was repeatedly denied performance opportunities. His choice to sing mainly in Yoruba, he revealed, became a stumbling block in an industry where many believed English-heavy songs had wider appeal.

Watch the video here:

Reactions trail Asake's new acquisition

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Legit.ng compiled the reactions of social media users below:

@unknownoppaa stated:

"People might be wondering why he’s getting gold and a lil bit of ice instead of all ice , just so you know, gold has a better resale value than diamond, infact most of the ice these celebs wear are moissanite cos they know they actually can’t resell these diamonds to get their moneys worth."

@LyfAcrosBorders noted:

"Wealth can’t be taken to the grave. What truly lasts is your legacy, the impact you make, and how you treat others. That’s exactly why FELA’s legacy continues to shine."

@NdifonSunn95490 stated:

"U think say Nigeria Spotify streams fit give u $1m u d whine yaself"

Asake faces criticism over traffic violation

Meanwhile, Legit.ng had reported that Asake faced online backlash after a video showed him allegedly breaking traffic rules in California.

The footage captured the singer driving a luxury car without a seatbelt and possibly using his phone on a Los Angeles highway. Fans criticised the act, noting California’s strict hands-free driving laws and penalties for violations.

Proofreading by Kola Muhammed, copy editor at Legit.ng.

Source: Legit.ng