As the guitar gods slowly die out, so do their guitars. The annual revenue of Gibson, the company that produced the iconic ‘Les Paul’ guitar, has fallen from $2.1 billion in 2014 to $1.7 billion (Edgers, 2017). Fender, who makes the ‘Stratocaster’, has seen total revenue fall from $675 million to $545 million (Edgers, 2017).
Do you still remember the hit songs Smack That, Lonely and Don’t Matter? Around the summer of 2010 the African rapper Akon became world famous with these songs. Akon produced two multi-platinum albums which made him a wealthy man. Today, 7 years since he released his last album, Akon is closing in on Jay-Z to become the richest rapper in the world. This status is not just reached by the royalties earned on his music; but Akon has spent the last years working hard on his solar energy company, and it has been very successful so far.