Maluma denies that the fortune his father had when the singer was a teenager was due to alleged ties to drug trafficking.
A glance at Maluma's Instagram gives a glimpse of the luxurious life one would expect from a reggaeton star of his fame, who can boast of being one of the few singers who has managed to make the leap to the Anglo-Saxon market while continuing to sing in Spanish.
Two years ago the singer was able to buy a private jet "out of necessity, and for tranquility and peace of mind", according to him, and during the period of confinement he recorded a video for the prestigious publication Architectural Digest showing the interior of the impressive mansion he had built in Medellin, Colombia, his hometown.
However, Maluma grew up surrounded by all kinds of comforts and in reality his situation has not changed much after his rise to fame, as his detractors have always reproached him. For years, gossip has been claiming that his family's fortune comes from links with drug trafficking that have never been proven.
Now the Colombian clarified those rumors in the interview he gave for the podcast of his friend and fellow professional Nicky Jam, in which he explained that his father worked as manager of several "important companies" in Colombia. In this regard, the singer stated on The Rock Star Show podcast:
"People thought that in my family we were drug traffickers and that drug trafficking had supported my musical career. Obviously all that was a lie, but many things are speculated and talked about and one is here to set the record straight."
However, everything changed when he was 14 years old and his parents divorced. At that time it was his grandparents who helped them get by after they lost their fortune, and Maluma has engraved in his memory the times he saw his mom crying because she didn't know where she would find money to buy food. "Everything went to the floor, my dad broke down and it was a very difficult time," Maluma recalled.
At the end of 2019 Maluma appeared on the Forbes list of the most successful entrepreneurs under 30 years old. "With an average gross of $600,000 per tour, Maluma is the most successful commercial music artist on the list of the wealthy under 30," the magazine said.
Some say his fortune amounts to 12 million dollars, others say 6 million. The only certainty is that Maluma owns several mansions in the United States and Colombia, a collection of luxury cars and, of course, a private plane.