In this article we will be looking at the richest musicians in Africa.
It’s not a surprise that Africans are rated to have some of the best musicians in the world. Many of them have managed to accumulate so much wealth for themselves. Including Nigerian music stars.
Below are the top 10 wealthiest of them:
1. Akon – $80 million net worth
Aliaume Damala Badara Akon Thiam as his name goes is a Senegalese hip hop artist.
He was born on 16th of April 1973 in St Louis, Missuori, US, which makes him a Senegalese American musician.
Here is a brief record of his personality, rewards and achievements so far in the music industry that has made him the number one richest musician in Africa.
Akon is not only a Senegalese American Singer, he is also a music writer, a music producer, a film actor, and a great philanthropist.
He owns two record labels, apparently the CEO of Konvict Music. It’s good to know that this record labels has signed richest musicians such as T-pain and the rest of them.
He has been a music record producer for Michael Jackson and Snoop Dogg.
It is on record that he has received over 35million sales on his songs and albums.
His songs have been released on other languages apart from English, like Spanish, Hindi and Tamil.
He has been enlisted in the Guinness Book of World Record as the bestselling musician for master ring tones in the world.
Akon has appeared in several nominations such as Grammy Award nomination list for up to five times.
He presently estimated to be worth around $80 million.
2. Black Coffee – $60 million net worth
Nkosinathi Maphumulo as his name goes is the richest South African musician. He was born in Kwazsulu- Natal (KZN).
He was raised and brought up in the province where Nelson Mandela hails from – Eastern Cape Province.
He is a South African Musician, a record producer, DJ, and an entrepreneur.
Black Coffee has won so many awards such as Breakthrough Dj of the year award in 2015 at the DJ awards in Ibiza, amongst others.
Although he is not as popularly known as Akon is in Africa especially in Nigeria.
However he ranks up to the second richest musician in Africa with a net worth of $60 million.
3. Don Jazzy – $30 million net worth
He was born on 21th November 1982. His names are Michael Collins Ajereh. He is a singer, song writer, record producer, an actor and an entrepreneur.
He was the co-founder of the popular Mo’hits Record in 2004 which no longer exists.
Presently he is the founder of Marvins Record which was established in 2012. With his new record label he signed top musicians like Tiwa Savage, Di’ja and many others.
He has also won many awards like “Producer of the year” for up to four times. His net worth is $30 million.
4. Wizkid – $20 million net worth
The popular Nigerian musician “Wizkid” ranks the fourth richest musician in Africa.
His real name is Ayodeji Ibrahim Balogun. The superstar was born in 1990 July 16th.
He started singing at the age of 11. In 2009, he successfully signed a record label deal with Empire Mates Entertainment ( EME) owned by Banky W. This was where he became a star after the release of his song ‘holla at your boy’ in 2011.
In 2013, he founded his own record label ‘starboy entertainment’. He has appeared in the World Guinness Book of Record as the first afrobeats artist from Africa. He also has lots of endorsement with Glo, MTN, Pepsi and Guinness
He has also been featured with Beyonce on the single ‘brown skin girl’. His net worth is $20 million.
5. Davido – $16 million net worth
The Nigerian singer by name David Adedeji Adeleke was born on 21st November 1992 in the United States, Atlanta precisely.
He owns a record label called DMW Record and a co-owner of another record label called HKN Music. He has also produced songs for top artists like Tiwa Savage, Naeto C and the rest of them.
He has won lots of awards of which includes ‘African Artiste Of The Year’ on Ghana music award among others. His net worth is $16 million.
6. Sarkodie – $7 million net worth
Michael Owusu Addo by name is a Ghanaian rapper and the richest artiste in the country.
He is the owner of a record label with the name Sarkcess Music Record Label. He is also the owner of the a fashion business with the name ‘Sark Clothing’.
He has featured top Nigerian musicians like Banky W, Tiwa Savage, 2Face Idibia, Davido, Timaya, and the rest of them.
He has also has signed endorsement deals with Samsung Electronics and FanMilk. As a good philanthropist that he is, he founded a foundation called Sarkodie Foundation.
His net worth is $7 million.
7. Tinashe – $6 million net worth
Tinashe Jorgensen Kachingwe hails from Zimbabwe, but was given birth to in Lexington, Kentucky in U.S on the 6th of February 1993.
She is a dancer, a singer, a song writer, an actress, and a record label. Her success story began when she played a role in an animated children film in 2000.
From 2007 down to 2011 she was a member of girl group dancers and singers called “the stunners”.
She ranked the 6th position on the UK R&B Albums Chart, and no 58 on the Billboard 200 chart as a result of the several release of songs and mixtapes she released.
She won the award “Music Artist of the Year” through ‘ RCA Record’ a record label she signed.
She has a net worth of $6 million and ranks the 7th position of the richest musicians in Africa.
8. Hugh Masekela – $1.5million
A South African born on April 4th 1939, is the oldest on our list. Hugh is a singer, trumpeter, and a composer. Even though he is the 8th richest musician in Africa, he is the second richest musician in South Africa.
He started his music in 1962 and ever since has released over 70 albums. In 2002, he won the “International Award of the Year” by BBC Radio Jazz Award.
In 2016, he won the “Legend Award” by MTV Africa Music Awards. In 2019, he was given the “Google Doodle” by Google.
He constantly travels for international trips and concert. His net worth is $1.5 million.
9. Oliver Mtukudzi – $1.2 million net worth
Oliver Mtukudzi was born on September 22 1952 in Zimbabwe. He is a musician, philanthropist and a business man.
He is a member of Human Rights and UNICEF Goodwill Ambassador. So far he has released not less than 60 albums.
As for his awards, he has won over 20 awards. His net worth is $1.2 million.
10. Jidenna – $1 million net worth
Theodore Jidenna Mobisson was born in Wisconsin in the United States on May 4, 1985. He hails from Edo State in Nigeria. He is a singer, song writer, rapper and a record producer.
He was signed to Janelle Monáe’s Wondaland Record Label. He has been nominated for Grammy Award in the year 2016.
He also has won awards for himself which includes “Song of the Year”, “Best Dance Performance” award. His net worth is $1 million.
Above is the list of the richest musicians in Africa. I hope you enjoyed reading this.