Mr Macaroni Opens Up About N500 Million Debt

 

Popular content creator and actor Adebowale Adedayo, better known as Mr Macaroni, has revealed that he fell into serious financial troubles, accumulating debts of over N500 million due to a scam, a failed investment, and financial recklessness.

In a heartfelt post shared on X (formerly Twitter) on March 20, the comedian disclosed that his financial struggles began in 2021, worsened by borrowing money to meet obligations and his habit of excessive generosity.

Mr Macaroni revealed that he was a victim of fraud and a bad investment that wiped out all his savings between 2021 and 2022. However, he chose not to share his struggles with anyone, masking his financial troubles while continuing to entertain and support others.

"If you know me well enough, you would know I do not like to share my problems. I could be going through the worst and at the same time helping others solve their own problems, but I just would never share mine."

Despite losing everything, he felt obligated to borrow money to meet his commitments, believing that his steady income in millions would cover repayments. However, he soon realized he was only paying back interests, sinking deeper into debt.

"Please don’t borrow money! But if you must, please be responsible," he warned.

Macaroni admitted that he has always been financially reckless, a trait his family and friends had repeatedly cautioned him about. He shared how he often prioritized helping others over his own needs, even before fame.

"I would give out my money for lunch to someone who didn’t have breakfast, forgetting that I would go hungry when it’s time for lunch."

He explained that he always felt his wealth was a blessing from God to help others, but he now understands that even generosity needs balance.

While 2024 marked a breakthrough year in his acting career, with films he starred in gaining international recognition, it was also his most challenging year due to overwhelming debt.

"I was burdened every single day and night knowing that I was over half a billion in debt."

To make matters worse, he was betrayed by someone he deeply loved and trusted—an experience that shook him to his core.

"She betrayed my trust, love, and confidence, and for that, I was completely destabilized. I hardly trust people, and nothing really surprises me about humans, but this one, I could never have prepared for."

Despite the hardships, Mr Macaroni declared that he is a fighter and has started to rebuild himself with the support of family and friends.

"When I fall, I bounce back even stronger by God’s grace and I keep my head up."

Encouraging others going through tough times, he urged them not to give up, learn from mistakes, and stay strong in the face of betrayal and hardships.

"May the love in our hearts be forever greater than the hate, betrayal, and wickedness in the world."