Jake Zyrus, formerly Charice Pempengco made a massive revelation about his life in his book, I AM JAKE.
In his book, Jake revealed that he was not independent when it comes to finances during the peak of his career, saying that he only discovered the money he earned during his tours when he met his accountant.
According to Jake, he reached his highest net worth of $16,000,000 or 927,840,000 pesos at one time.
“But when you’re a celebrity, people expect to find you decked in designer clothes all the time. Imagine how I felt when as an adult who should be able to handle my own moneny, I met my accountant for the first time and learned that when I went on tour, I could earn up to $600,000. When I sang at private events, I could get up to $300,000. Endorsement in States earned me up to $1,000,000. At one point, my net worth was $16,000,000,” he wrote.
Jake claimed that he never enjoyed the money he earned as his mother, Raquel Pempengco, was allegedly controlling his finances.
The singer said that he saw properties being bought using his money, but not named under him.
“I’m not worth $16,000,000 anymore, but I assure you, I am richer than Charice. She only knew how much she was worth, but she never actually got to touch or enjoy her earnings. Sure, I saw houses being built and cars being bought using my money, but I was always told they weren’t mine,” he stated.
“If I needed to use one of our cars, I had to ask permission from my mother. Sometimes, she would refuse my request. It’s only that I finally know what it’s like to have a house under my name and a car I can use anytime I wish,” he added.
As of writing, Raquel has yet to give any response to the book published by Jake.