'It now costs N232 million' - Daddy Freeze reacts as fake watchbuster certifies Wizkid’s Richard Mille as original

Nigerian media personality, Daddy Freeze, is a lover of luxury items and this explains why he has taken to social media to hail singer, Wizkid.

Freeze took to his Instagram page with a recent report by FakeWatchBuster in which the Made in Lagos (MIL) crooner’s Richard Mille RM030 watch was certified as original.

The OAP congratulated Wizkid and proceeded to explain how the singer made a smart investment decision by purchasing the watch.

According to Freeze, the same piece cost about N25 million in 2011 when the dollar was just about N125 but the price has greatly tripled today.

He wrote: “In 2011 a U.S. dollar sold for 165 Naira so this watch would have been worth about N25 million. Today, with the dollar exchanging for over N800 that same watch at the current price of $290k would fetch N232 million Naira.”

The top OAP added that while it is safer to invest in real estate, he would also advise those who have the means to consider investing in luxury wristwatches.

Daddy Freeze's comment garnered reactions in the comment section as some people agreed with him on the importance in investing in things such as watches, cars other than only real estates.

However, other peeople did not agree with theb media personality's thoughts.

Here are some comments:

dafeycruz said: "When daddyfreeze speaks u listen, investments doesn't revolve around real estate alone. Cars, jewelry, wristwatches are more lucrative businesses than real estate."

tylerbankz_: "This is all ignorance! Read about Warren buffet and he’ll school you about real estate investment. You can’t always be right freeze and there’s absolutely nothing bad in being wring. Houses are better investment here in USA NY. I don’t know the USA you’re talking about."

luxury.stan: "Jewelry is just a luxury. Buy it only to satisfy your urge! But In 2 to 4 of waiting on queue for it, real estate investment has already started bringing in ROI (return on investment) Real estate has been proven to be the most secured investment!"

therealyarns: "Nice! My opinion is this; The percentage of people that care for such expensive watches even amongst the 1% is slim. And cha ces are, they won't go looking for second hand watches to buy. Besides the appreciation in price, a good investment should also have huge demand. Everyone lives in houses (owned or rented). I rest my case."

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