Taking Matters Into His Own Hands
Most musicians understand that only small amounts of money can be earned from song royalties. Donny did not passively accept this truth and instead he started his own record label. He explained, “I make more money on record sales today that I never made in the heyday of the Osmond’s because I own my own label.”
After years of working under a big label, Donny decided to reclaim his success and make the majority of profit from his own music instead of his representation making the bulk.
Donny’s Investment Tips
Clearly, Donny has a thing or two to say about money tips with his mullions. Despite losing close to $2 million during the property crash in 2008, he advocates for property investment. Donny firmly believes one should not invest in shares and stocks, but the more profitable option: property.
Actually, this Osmond owns four properties, there are two in Utah, one in Idaho and a fourth that he chose not to disclose because this condo is the secret family getaway.