He made this known at an interview on Business Day while sharing his experience as a businessman in the music industry.
Ubi Franklin also revealed that his biggest money mistake was his wedding and that a bulk of the fortune he made was wasted on flashy lifestyle which included buying cars and going on trips abroad.
He also mentioned that his greatest investment was the MMMG music label which he said opened doors for him.
The successful entrepreneur who talked about how he built his brand into something giving him good returns, said;
"My biggest money mistake is the money i spent on my wedding, I should have gone for something smaller and classy "