Def Leppard singer Joe Elliott spoke in an interview with This Is Money and revealed the most expensive thing he bought for fun.

Here’s what he said:

“I do not waste money on stupid stuff. I did spend $8,000 on a Les Paul guitar once because I had it covered in diamante. But I did not do that for fun, I did that because it would make the guitar unique.”

On his biggest money mistake, he said:

“Investing in a sports bar in Sheffield 20 years ago. It was a money pit and I lost £100,000.”

He also revealed the best money decision he ever made and said:

“Investing £500,000 in building my own recording studio. It has saved millions of pounds in costs over the years.”

Click here to entire interview.

Back in December, he talked about Drake’s famous hit “God’s Plan” in an interview with Rolling Stone and said:

“Where’s the hook? Where’s the hook, dude? You know what it reminds me of, it reminds me of an updated version of Richie Havens or something like that. But Richie would sit on a stool, play the guitar, sing and sweat and make more of an effort to perform and put melody and heart and soul into it.

Whereas, a lot of the rap stuff, to me, it’s just typewriter … There’s some cool rhymes, but I find the lack of melody somewhat stifling in my mind and it’s nothing that I would certainly try and listen to again.

Click here to details.