10 Richest Musicians In Africa + Their Net Worth

Richest Musicians In Africa

In this article, we will be discussing the Richest musicians in Africa.

In today’s entertainment industry, musicians have proven to be more successful, ranging from Richest musicians in the world to the Richest musicians in Nigeria and more.

It is great news for Nigerians as most of the richest musicians in Africa are Nigerian artists, the likes of Don Jazzy, Davido, Wizkid, and more.

What to know who the Richest Musician In Africa is?

Akon is the richest musician in Africa with a net worth of 80 million dollars.

According to Forbes, these are the updated African Richest Musicians and their net worths.

Ok, enough of the long text, let’s dive into the much anticipated top 10 list.

Top 10 Richest Musicians In Africa

These are the top 10 richest musicians in Africa, their net worths, and source of income, please the list is subjected to change, we will make sure we keep you updated.

10) Jidenna

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The Nigerian-American celebrity whose real name is Jidenna Theodore Mobisson was born on May 4, 1985, in the United States of America. His father is Nigerian.

Jidenna became very popular after releasing His single “Classic Man” in 2015. He later released another hit single titled “Yoya” in the same year.

The father to the hip hop star wanted him to be an engineer, but Jidenna had always wanted to sing. Later on,  his father allowed him to pursue his music career, and he became successful in it. Unfortunately, his father died in 2010.

Jidenna is a singer, songwriter, model, rapper, and producer. He is currently signed to Wondaland Records. Jidenna graduated with a Bachelor of Arts degree in Comparative Studies in Race and Ethnicity from Stanford University.

The talented songwriter has produced two albums so far(since 2015); Boomerang and 85 to Africa.

Jidenna is known to be a part-time Model and  Actor and has featured in several movies.

As expected, he has received so many award nominations. He has won 90% of them like Grammy Awards and Soul Train Awards.

The singer developed his Fashion Style, which is borne out of the European-African Marriage of his parents. He loves wearing Suits, with a blend of Ankara on them.

The Classic Man hitmaker is a big-time lover of old cars. He doesn’t like to show off his Exotic and Luxurious Cars. Also, the musician has a lot of respect for his private life, and as a result, no one knows his house. The only info we have is that Jidenna lives in Brooklyn, USA.

According to Forbes, Jidenna is estimated to worth 7 million dollars.

9) Tuface(2Baba)

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2 Baba’s real name is Innocent Ujah Idibia. He was born on September 18, 1975. He is a Nigerian Singer, Producer, Songwriter, and an ambassador, 2Baba was born and raised in Plateau State, Nigeria.

The musician specializes in Afrobeats, R&B, hip hop, and reggae music. No doubt, he is good at what he does.

He is married to Annie Idibia, who is a Nigerian Actress and Model. Their union is blessed with two kids. The R&B star resides in Banana Island, Lagos, in a massive mansion of his.

2 Baba started his music career in 1994 with the Plantashun Boyz. Unfortunately, the group was dissolved due to an unknown clash between members. All individual artistes, therefore, went their way in their Music Careers.

The R&B star became very popular after releasing the hit “African Queen.” He is recognized in Nigeria, Africa and beyond.

He owns a lot of exotic houses and cars like Porsche, BMW, Mercedes Benz, Range Rover Sports, Ferrari, etc. 2baba is in big money.

He is estimated to worth 8 million dollars.

However, the afro star does not have a private jet, but there are rumors that he is planning on getting one soon.

A lot of endorsement deals have contributed immensely to his net worth. Most companies make him their official ambassador, considering his vast fanbase.

8) Burna Boy

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Another Nigerian who happens to number 8 on our list of Top 10 Richest musicians in Africa, is Damini Ebunoluwa Ogulu Rex, popularly known as Burna Boy.

Burma Boy was born on July 23, 1991, in Edo State, Nigeria. He creates His genre of music and calls it AFRO FUSION.

The Grammy Awards nominee came into limelight when he released his song” Ye.” The music catapulted him into the spotlight home and abroad.

He went ahead to release other songs like To Party, Tonight, Yawa Dey. He was signed to Aristocrat Record Label until 2014 and founded his own label “Spaceship Records” in 2015.

Burna boy got more famous during the Zanku era in Nigeria around 2018/2019. However, he released Non-Zanku songs like On The Low, Dangote, etc. which was a significant hit locally and internationally.

The Afro star has received a lot of nominations at home and abroad like Grammy Awards. In fact, on June 28, 2020, Burma Boy went ahead to bag a BET award. After which, he said, “For Black Lives to Matter, Africa Must Matter.” This shows how patriotic the musician is to his nation and continent at large. He is indeed the African Giant.

Burna Boy is estimated to worth around 10 million dollars, according to the Forbes 2020 List of Richest Musicians in Africa.

In case you don’t know, Oluwa Burna’s Uncle had worked as the Manager of the Legend, Fela Anikulapo Kuti, before his death. No wonder his music has a touch of Fela’s style.

7) Tinashe

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Tinashe, whose Father is Zimbabwean and Mother is American, was born on February 6, 1993, in Lexington. Kentucky, USA.

Her full name is Tinashe Jorgensen Kachingue. Her name shows that her dad is in so much love with His culture.

Tinashe relocated to Los Angeles when She was a child to pursue her dream in entertainment. She is currently an actress, Singer, Songwriter, dancer, and Producer. The multi-award winner is undoubtedly talented.

Tinashe’s genre of music is purely R&B.

She was a member of the girl’s group, “The Stunners.” Just like the 2baba’s Plantashun Boyz, the group also disbanded.

The Soul Train Award Winner revealed to us that She gets inspired to write music in her car. She said it is an excellent place to get inspiration, which later turns into melodies. If you are also an upcoming artiste, you can try this method to write your song.

She has been nominated for various awards like Young Artist Awards, Soul Train Awards, Africa Women Awards, Ivor Novello Awards, Zimbabwean Achievers Awards, Primetime Emmy Awards, and Hollywood Beauty Awards. Of course, she has won a whole lot of them.

You might have noticed that she has been nominated for various awards that have to do with beauty, and which she won. This is because of her astonishing beauty.

 

Her net worth is estimated at 12 million dollars.

 

6) Sarkodie

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The Ghanaian rapper Sarkodie was born in Tema, Ghana. His full name is Michael Owusu Addo. He is known for his unique entry into songs with ” Obidi Pon Bidi.”

Sarkodie specializes in Rap music, hip hop, and afro beats.

He has started his music career in the year 2005 and is still active to date. The rapper is signed to Sarkcess Records(His label).

The BET Awards Winner obtained a Graphic Design degree at IPMC. He was ranked sixth in 2014 for the MTV Base Hottest African MCs. His rap flows are unbeatable and impressive.

The Ghanaian rapper is immensely rich. Also, he has signed several endorsements deals with various companies and, in fact, has his clothing line. His clothing line, SARK, has been in operation since 2013.

As for endorsements, he has signed some deals with Samsung Electronics, Fan Milk Ghana, Tigo Telecommunications Ghana, Pepsi. The musician is married to Tracy Addo, and their union is blessed with two kids( a male and female).

In case you didn’t know, Sarkodie’s son was named after Sarkodie himself. His name is Michael Nana Yaw Owusu Addo Jnr. We think Sarkodie has plans to bring his son into the Music Industry.

Sarkodie, who started his music professionally in 2015, has released over five studios albums and several singles. However, with his wealth, he is not known to own a private jet but is usually spotted in Private jets in most of his photos.

He has won numerous awards at home and abroad, including the BET Award.

He has a net worth of 15 million dollars.

 

Also Read: Richest Musicians In Nigeria And Their Net Worth

5) Davido

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Nigerians are known to dominate the list of Top 10 richest Musicians in Africa. This proves how profitable the Nigeria Music Industry is.

David Adeleke, whose stage name is Davido, was born on November 21, 1992, in Georgia Atlanta, USA. He completed his primary and secondary education in his home country, Nigeria.

However, he moved back to the States to pursue a degree in Business Administration. Unfortunately, he dropped out of school due to his lack of concentration during his programme. He preferred music.

When he returned to Nigeria, his father persuaded him to obtain a University degree. So, in 2015, he graduated from Babcock University with a Bachelor’s Degree in Music.

Immediately after the completion of his programme, Davido’s song “Dami Duro” was leaked online some years before its official release date. The song became a surprising hit in Nigeria and abroad.

Ever since then, Davido had been dropping hits upon hits. The musician is not stopping at all. He has been nominated for and has received so many awards, including BET awards. He is a star!

Davido is also known as OBO(OBO Baba Olowo), which translates- The child of a rich man. However, some set of people found the youngster very proud of his father’s money and criticized him at every opportunity they got.

For example, while David was still using his Father’s Jet for tours and travels, he was criticized for not having money to buy himself a private jet, Davido went ahead to prove them all wrong by purchasing a Boeing 737 Aircraft.

He became the youngest Nigerian Celebrity to own a Private Jet.

To date, Davido’s songs IF and Fall are still major bangers in some countries. He is good at his music.

Davido’s net worth as of 2020 is 16 million dollars.  He has more than three houses in Lagos State and others in the US.

4) Wizkid

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When we talk about Kings of Music, the name “Wizkid” is always heard. The Afro Pop singer was born on July 16, 1990, in Surulere, Lagos State, Nigeria.

He started singing at the age of 11, but began His professional career around 2010, after getting help from another music star- Banky W.

His first single, “Holla At Your Boy,” became a significant hit locally and internationally, thereby bringing him into the spotlight. Later on, he released songs like Surulere, Joy, Jaiye Jaiye, Bombay, Fever, Show You The Money, Daddy Yo, Sweet Love, Come Closer, etc.

The Ojuelegba crooner has received so many awards like Grammy, BET, MTV Base, The Headies Awards, etc.

He is the only Nigerian musician with the highest BET awards.

Wizkid was the one who wrote Drake’s “One Dance” which was number 1 in more than 15 countries. He is a god!

He is the CEO and founder of Starboy Entertainment.

The record label has signed several artistes like Terri, Ceeza Milli, etc. It has allowed them to showcase their talents.

He is worth 20 million dollars.

Wizkid has a private jet which worths millions. He has shown us the interior and exterior part of his jet in some of his Instagram photos.

On June 28, 2020, the musician also won a BET award for his contribution to Beyonce’s Lion King Album – Brown Skin Girl.

The BET award winner recently acquired a mansion in the US. The Mansion is said to cost millions of dollars. Wizkid’s style is unique.

Wizkid has a lot of cars, including a BMW, Rolls Royce, Ferrari, Porsche, Range Rover, G Wagon, and other luxurious vehicles.

3) Don Jazzy

Top 10 Richest Musicians In Nigeria 2019

Michael Collins Ajereh, who is better known as Don Jazzy, was born on November 26, 1982, in the eastern part of Nigeria(Abia State).

Don Jazzy is a singer, producer, actor, and songwriter. He started singing at the age of 12 when he was residing at Ajegunke. Lagos State. He is a real ghetto-bred of Ajegule. However, he is a native of Isoko, Delta State.

The Nigerian producer has produced music for several artists like D’ Banj, Wande Coal, Rema, D’ Prince, Dr. Sid, Darey Art Alade, Naeto C, Weird MC, and even the great Kanye West, Jay Z, and Beyonce. He is indeed a production geek.

A lot of awards and nominations have been in his favour.

The hip hop star is signed to his record label “Mavis,” which has also signed quite a lot of other Nigerian artistes.

They include Tiwa Savage, Rema, Reekado Banks, Dr. Sid, Di Ja, Korede Bello, which has released top hit music in the past, which include the one-time street banger “Dorobucci.”

Don Jazzy has a net worth of 20 million dollars.

You should try to convert that to your currency and see the figure for yourself. The musician also has his private jet, which is worth millions of dollars. An artist of his reputation won’t go about flying commercial planes.

He has houses in Nigeria and the United States of America. His fleet of cars includes Rolls Royce, Ferrari, Lamborghini, G Wagon, etc.

His endorsement deals with so many companies that contributed significantly to his accumulated wealth. He is truly a Don.

 

2) DJ Black Coffee

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Born on March 11, 1976, Black Coffee is a South African DJ, Singer, Songwriter, and Producer. He began his music career in 1994.

DJ Black Coffee’s real name is Nkosinathi Innocent Maphumulo. We do not have any idea what prompted him to use the stage name “DJ Black Coffee.” He is a native of Kwa Calu Natal, South Africa.

Black Coffee was married to actress Enhle Mbali Mlotshwa. They had two children together. Unfortunately, the couple divorced in 2019.

He has been nominated for several awards like SAMA, Metro FM, Channel O, Sunday Times, and BET Awards. He won almost all of them.

The singer and DJ have made a lot of music albums and EPs since the inception of his career.

DJ Black Coffee has a net worth of 60 Million Dollars!  Wow, my fingers trembled while typing that figure. His expertise in different parts of music fetches him cool cash.

The multi-award winner does not own a private jet but has got a branded one. Money speaks! The branded plane has his name and the South African Flag imprinted on it.

He owns a Maserati, Mercedes CLK, Mercedes Benz G Wagon, Bentley, and other luxurious cars.

1) Akon

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Are you sure you are ready to see Akon’s full name? So it doesn’t catch you unawares. Well, reader, the Richest Musician in Africa, according to Forbes 2020 list, is Aliaume Damala Badara Akon Thiam, well known with his stage name “Akon.”

He was born on April 16, 1973, and is a Senegalese-American singer, and songwriter and record producer.

Akon became prominent following the release of his second single “Lonely ” in 2004. He was born in St. Louis, Missouri, US.

Akon started his music career in the year 1996. The star specializes in R&B, hip hop, pop, and dancehall.

He claims he is Father to 6 children from 3 different women, but wishes to keep his family’s identity private.

The number of awards and nominations received by Akon is innumerable. Counting them will take a lot of time.

Akon is estimated to worth 80 million dollars.  He owns a private jet and other exotic cars and houses.

There you go with the complete and updated list of the richest Musician in Africa. I am sure you have known Africa’s richest musician by now, you can share this post with your friends.

 

 

 

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