In this article, you will discover the top 10 richest musicians in Africa and their net worth in 2021
We all know that the entertainment industry can be very protifing. Today, there are so many stars in the entertainment field who have acquired wealth just from displaying their talents to the world.
One of such fields in the entertainment industry is the music field. Today, there are so many rich musicians in the world, that so many youths aspire to become musicians whether they are talented or not.
Right here in this article today, we are going to look at the richest musicians here in Africa, and all their net worths. These musicians are all very popular in Africa, and they have all made huge fortunes from the music industry.
10 Richest Musicians In Africa (2021)
Here are the top 10 richest musicians in Africa and their net worth in 2021
10. Sarkodie – Net worth : $9 Million
Sarkodie is currently the most famous rapper in Ghana.
Today, he is rated as one of the richest artists in Ghana, and Africa as a whole. The artist who goes by the real name Michael Owusu Addo has gained so much fame in the music industry. He started as an amateur rapper in the music industry, but later grew big.
As a Ghanaian musician, he often adds Ghanaian sayings in his songs. In 2013, he started his own clothing line. He often collaborates with top musicians in Nigeria.
With a net worth of $9 Million, he is currently one of the richest musicians in Africa as a whole.
9. Phyno – Net worth: $11 Million
Chibuzor Nelson Azubuike who goes by the stage name Phyno is a Nigerian singer and songwriter. He was born in October 1986. However, he is a very talented singer and his local dialect rap lines are loved by so many fans from Eastern Nigeria.
He came into the music industry when he moved to Lagos. He has produced songs for popular musicians like Flavour, Timaya, Olamide, and many more. As a talented musician, he has won so many awards and recognitions.
With a current net worth of $11 Million, he is safely one of the richest musicians in Africa today.
8. Timaya – Net worth: $11.5 Million
Inetimi Alfred Odom who goes by the stage name ‘Timaya’ is a Nigerian musician who was born on the 15th of August 1980. He started small in the industry, but he is now the king of dancehall music in Africa.
After so much struggle in the industry, Timaya is one of the top artists in Nigeria today. He is the CEO of the Dem Mama Record Label.
Under this label, he has signed artists like Runtown and Patoranking. These artists are all big artists in Africa today. He is currently worth about $11 Million, making him the number 8 musician on this list.
7. 2face Idibia – Net worth: $16.9 Million
Tuface Idibia is a famous Nigerian singer and songwriter. He was born in Plateau State, Nigeria, but he is originally from Benue State, Nigeria. As a musician, he started with the defunct group Plantashun Boiz.
Some years after they started this music group, they split and Tuface started a solo career in music. As a solo artist, he has grown so high in the music industry, that he is now one of the best in Africa.
He was shot into the limelight when he released the album titled ‘African Queen’.This album was released under the Kennis Music Label. He has won so many awards and recognitions as a musician, and he has signed so many endorsement deals.
He currently has a net worth of $16.8 Million, making him the 7th richest African musician.
6. Burnaboy – Net worth: $17 Million
Burna Boy with the real name “Damini Ebunoluwa Ogulu” is another popular Nigerian artist who has gained so much fortune from the music scene.
He was born in Port Harcourt, Rivers state, Nigeria. As a musician, he was shot into the limelight with the release of his album titled L.I.F.E, which sold thousands of copies just within a day of its release.
This album was released back in 2013, while he was still under the Aristokrat Music Label. Just a year after the release of this album, Burna Boy left the Aristokrat Record label and started his own label which he called Spaceship Entertainment.
His two most recent albums ‘African Giant’ and ‘Twice As Tall’ were both nominated for the Global Album of the year Award by the Grammy. This nomination happened for two years in a row, making Burna Boy the first Nigerian artist to have bagged a Grammy nomination for two years in a row.
He is a well-recognized Artiste internationally, and he is well celebrated for his achievements here in Nigeria. With a net worth of $17 Million, he is one of the richest African musicians today.
5. Don Jazzy – Net worth: $18 Million
Don Jazzy is a Nigerian Artist who goes by the real name Michael Collins Ajereh. He is a singer, songwriter, and music producer. Right from his early days, Don Jazzy had so much love for music.
When he moved to the UK, he began to pursue his musical dreams. When he came back from the UK as a music producer, he set up the Mo’Hits record label alongside other acts like D’Banj, Wande Coal, and more.
This group later separated and he later started the new ‘Marvins Records’. As a musician and record producer, he has bagged numerous awards both locally and internationally.
He has signed so many endorsement deals, and he has received several honors. With a current net worth of $18 Million, he is the 5th richest African musician today.
4. Davido Net worth: $19.5 Million
David Adedeji Tajudeen Adeleke is a Nigerian Musician who was born in Atlanta, Georgia in the United States of America. He is a very creative Artiste, and he has a huge fan base all across Africa.
He is well known for his hit songs which often tend to become household tunes. As a musician, he has won several awards and nominations. He is the CEO of the Davido Music Worldwide Record Label.
Under his label, he has signed several upcoming artists like Mayorkun, Peruzzi, Dremo, and more. It actually took Davido just a few years to attain a top class status in the music industry.
Although he had other musical works prior to the release of his hit song Dami Duro, it was this hit that shot him into the limelight. With a net worth of $16 Million, Davido is the 4th richest Artist in Africa today.
3. Wizkid – Net worth: $20 Million
Ayodeji Ibrahim Balogun popularly known as Wizkid is a Nigerian Singer and songwriter. He is one of the most popular musicians in Nigeria, and he is also well-known in the international music scene.
This Lagos-born artist has held so many positions in several Billboards charts across the world. So many people call him the King of African Music, because his music pattern is loved by so many people across the globe.
Wizkid really came into the limelight when he signed as an act under the EME Records owned by Banky W. Today, he is a very popular Artiste with several endorsement deals spread across the world.
Some of these popular companies are; Pepsi, Tecno, UBA, and more. With a current net worth of $20 million, he is currently the third richest musician in Africa today.
2. Black Coffee – Net worth: $60 Million
Nkosinathi Maphumulo (aka Black Coffee) is a South African musician and songwriter. He is the richest musician in South Africa, and the second richest in Africa. He hails from Kwazulu-Natal. However, he grew in the Eastern Cape province of South Africa. He has bagged numerous awards and is also the most celebrated musician in South Africa.
Moreover, he is a very influential artist internationally. His talent in the electronic music genre is indeed a blessing to so many fans worldwide. Black Coffee started his musical career back in 1955. Although he started his musical career back in 1955, he began to experience tangible growth from 2004.
This was when he was picked for the Red Bull Music Academy that took place in Cape Town, South Africa. Just a year later (2005), he won an award in the ‘Breakthrough DJ of the year’ category, at the DJ Awards in Ibiza.
1. Akon – Net worth: $80 Million
On the number one spot in the list of richest musicians in Africa. We have none other than the famous Aliaume Damala Badara Akon Thiam popularly known as Akon. He is a Senegalese-American musician, songwriter, and record producer.
With an estimated net worth of $80 Million, he is currently said to be the richest musician in Africa. Being a very talented musician, he has racked up so much wealth from the music industry. He is also a businessman with so many investments spread across several fields.
Recently, he is said to have established his own cryptocurrency called ‘Akoin’. He has two record labels called Konvict Muzik and Kon Live Distribution. They are classified as world standard record labels.
In his record label, he has signed acts like T-Pain and Lady Gaga. Akon has sold over 30 million albums, and he has been nominated for the Grammy Awards about five times. Close to fifty of his songs have hit the Billboard hot 100 songs list. His talent has racked in so much cash for him, and he is said to be the richest musician in Africa today.
Final Thoughts On ’10 Richest Musicians in Africa’.
These are the top 10 richest musicians in Africa as of 2021. These musicians all live luxurious lives with the wealth they rack in from the music industry and other businesses. Today, there are so many more rich musicians in Africa, and they are all living their dream lives. Aside from money, these music stars are all very popular in the international music scene.
In all, I hope you enjoyed going through this list.
Feel free to drop your comments below…
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