When it comes to music, Africa is always remembered in the World. However, the richest musicians in Africa are those celebrities that are amazing.
Besides, all these richest musicians in Africa are actually featured on the Forbes list.
In fact, they have ranked as the top richest musicians in Africa with their net worth in 2021.
If you are a Nigerian citizen, you will be glad to know that most of the top richest musicians in Nigeria are also on this list.
Looking at the list, you will see the likes of Burna Boy, Wizkid, Davido, and Don Jazzy representing the Nigerian music industry.
Moreover, they are no surprise to you that Akon is one of the richest musicians in Africa.
Nevertheless, most of his wealth is from endorsement deals and his own record label.
But we all know that he is not the only celebrity you will find in the top 10 richest musicians in Africa.
Also Read: Top 10 Richest Yoruba Actors and Actresses in Nigeria
Top 10 Richest Musicians In Africa 2021
Here are the top 10 richest musicians in Africa and their net worth in 2021.
1. Youssou N’dour – Net Worth $145 Million
Youssou N’Dour is a singer, songwriter, actor, businessman and a politician from Senegal, he started singing since 1979.
However, he has been in the music industry for over four decades now and still making millions of dollars from his songs.
He has won several awards including Grammy award for (best contemporary world music album) for his CD Egypt in 2005.
The New York Times described his voice as an “arresting tenor, a supple weapon deployed with prophetic authority”.
Youssou N’Dour owns a television station, a record label, several restaurants and a fashion line called “Youssou N’Dour Seduction”.
On April 2012, Youssou N’Dour was appointed Monister of tourism and culture in Senegal.
Currently, Youssou has an estimated net worth of $145 Million
2. Akon – Net Worth $80 Million
Akon is a Senegalese-American singer, songwriter, record producer, entrepreneur, philanthropist, and actor.
However, he was born as Aliaume Damala Badara Akon Thiam on April 16, 1973, in St. Louis, Missouri, US.
Besides, Akon owned two records label which has signed the richest musicians like Lady Gaga and T-Pain.
In fact, he has been recorded that he received over 35 million sales on his songs and albums over the years.
Apart from that, Akon has also been a music record producer for Micheal Jackson and Snoop Dogg.
Moreover, he has also taken two places in the Billboard Hot 100 charts twice.
Akon also releases his song in different languages apart from English, most of the languages are Spanish, Tamil, and Hindi.
However, Akon has been nominated for Grammy Awards in five consecutive times.
In addition to that, Akon has been featured in the Guinness Book of World Records as the number one best selling artist for master ringtones in the world.
Currently, Akon’s net worth is estimated at 80 million dollars.
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3. Black Coffee – Net Worth $60 Million
He was born as Nkosinathi Inno Maphumulo on 11 March 1976 in South Africa.
However, Black Coffee is a DJ, record producer and the owner of a record label called “Soulistic Music Record Label”.
Besides, he is the richest musician in Africa and the second richest musician in Africa.
Moreover, Black Coffee is not well known in Nigeria’s audience but is widely known internationally.
You will be glad to know that he has won many awards both nationally and internationally.
In fact, some of his awards include ” DJ Awards for Breakthrough DJ Of The Year ” in 2015.
Currently, Black Coffee’s net worth is estimated at 60 million dollars.
Check Out: Top 10 Richest Musicians in Nigeria and Their Net Worth
4. Wizkid – Net Worth $21 Million
Wizkid born as Ayodeji Ibrahim Balogun on 16 July 19900, in Surulere, Lagos, Nigeria.
However, He is a Nigerian singer and songwriter who started his music career at the age of 11 in a church choir.
During that time, he managed to release a collaborative album with the Glorious Five, a group he and a couple of his church friends formed.
Later in 2009, Wizkid was signed to Banky W record label called “Empire Mates Entertainment (E.M.E)”.
Moreover, Wizkid rose to the state of relative important after the release of a new single “Holla at Your Boy”.
After that, he founded a record label of his own called “Starboy Entertainment” in 2013.
In 2016, He started gaining international recognition after his collaboration single “One Dance” with Drake which top chart in 15 countries worldwide.
Apart from that, Wizkid has also been featured by Beyonce on the single “Brown Skin Girl”.
In 2018, Wizkid was featured in the Guinness World Records as the first Afrobeats artist from Africa.
Most of the endorsement deals that bring him more money are with MTN, Guinness, Glo, and Pepsi.
Currently, Wizkid net worth is estimated at 21 million dollars.
5. Davido – Net Worth $20 Million
Davido was born as David Adedeji Adeleke on November 21, 1992, in Atlanta, Georgia, US.
However, he is a Nigerian singer, songwriter, and record producer who owned the record label called “DMW Record”.
Apart from that, he has also been signed to another successful record label called “Sony Music Entertainment”.
He is also the co-owner of “HKN Music” another record label owned by Adewale Adeleke, who happens to be Davido brother.
However, he has also been a record producer for Naeto C, Skales, Tiwa Savage and Sauce Kid.
Besides, he has won many awards which include “Music Video of the Year” on Ben TV Awards and “African Artiste Of The Year” on Ghana Music Awards.
Even when Davido is from the wealthiest family, he has always claimed that all his wealth are from music and endorsement deal.
Some of the endorsement deals that really stand out for Davido are with MTN, Ifinix Mobile, and Guinness Nigeria.
Currently, Davido net worth is estimated at 20 million dollars.
Check Out: Wizkid and Davido: Who is The Richest Based on Net Worth?
6. Don Jazzy – Net Worth $18 Million
Don jazzy is also one of the richest musicians in Africa who happens to drop from third to fifth position in 2020.
However, he was born as Michael Collins Ajereh on November 26, 1982, in Umuahia, Abia State. Nigeria.
Besides, he is a Nigerian record producer, singer, songwriter, actor, and entrepreneur.
He co-founded a record label called “Mo’Hits Records” with D-Banj in 2004.
But in 2012, he decided to start a new record label called “Mavin Records” where he has signed musicians like Tiwa Savage, Di’ Ja, Reekado Banks, and others.
Moreover, Don Jazzy has won awards as “Producer of the year” for four consecutive times.
Currently, Don Jazzy’s net worth is estimated at 18 million dollars.
7. Burna Boy – Net Worth $17 Million
Burna Boy is a Nigerian professional singer and songwriter who started his musical career in 2010.
He became popular in the music industry after the release of his new hit title “Like to Party” in 2012.
However, the prominence single was included as part of his new Album L.I.F.E which was released in 2013.
He has won so many awards and even featured on Apple Music Up Next artist in 2019.
Many people think that Burna Boy is related to Fela Kuti – the King of Afro Beat.
Burna Boy is not yet married but currently dating “Stefflon Don” who is also a UK based songwriter and singer.
Burna Boy has an estimated net worth of $17 Million and we have also written about all his cars, worth, and house down on this page.
8. 2 Baba (2face) – Net Worth $16.5 Million
Innocent Ujah Idibia popularly known as 2Face Idibia or 2Baba is a famous Nigerian R&B singer, songwriter, stage performer recording artist, and entrepreneur.
While attending IMT in Enugu, he started composing songs and lyrics
However, 2face drop out from his academic to pursue a music career in 1996.
That was when he picked up the name “2 face” on his music tracks but uses “2baba” has a stage name.
On 2nd May 2012, 2Face Idibia got married to Annie Macaulay, a Nollywood actress and the couples are blessed with six beautiful children namely; Nino, Justin, Isabella, Ross and Innocent Idibia.
2Face Idibia has won several awards for the past two decdes in the music industry.
Currently, 2Baba has an estimated net worth of $16.5 million
9. RudeBoy – Net Worth $16 Million
Paul Okoye (aka Rudeboy or King Rudy) is a Nigerian singer, music composer, and producer who was born on the 18th of November 1981.
Although he was born in Jos, Plateau State, he is originally from Anambra State, Nigeria.
He was actually shot into the limelight as a member of the P-Square group which was made up of him and his twin brother.
Alongside his brother Peter, Paul Okoye had his secondary education at the St. Murrumba Secondary School in Jos, Plateau State.
Later on, they joined a Music and Drama School where they began to dance and perform songs produced by the likes of Michael Jackson, Bobby Brown, and more.
After a while, both Paul and his brother Peter gained admission to the University of Abuja.
This was where they finished their University education.
His hit single titled ‘Reason With Me’ became the song with the highest views on Youtube here in Africa (2019).
As a solo artist, Rudeboy is currently estimated to worth a whopping $16 Million Dollars.
10. Timaya – Net Worth $12 Million
Inetimi Timaya Odon (aka Timaya) is a Nigerian singer and music composer who was born on the 15th of August 1980.
Over the years in the music industry, Timaya has continued to remain relevant.
Inetimi Timaya Odon was born in Port Harcourt, Rivers State.
Although he was born in Rivers state, Timaya is originally from Bayelsa State, Nigeria.
He is from a large family of fifteen children, out of which he is the youngest.
Following the success of his debut single ‘Dem Mama’, Timaya decided to stick with K-Solo as his producer.
It was he who further recorded Seven songs for Timaya during his debut album project.
This album was released back in 2007, and it made waves all across the nation.
Currently, Timaya has an estimated net worth of $12 Million Dollars.
This makes him one of the top 10 Richest Musicians In Nigeria.
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11. Olamide – Net Worth $12 Million
Olamide Adedeji (aka Baddo or Olamide) is a Nigerian singer, rapper and songwriter.
He was born on the 15th of March 1989.
He is one of the few Nigerian artistes who have remained consistent in the industry over the years.
Though Olamide often sings and raps in his local Yoruba dialect, his songs are widely accepted all around the nation.
Today, Olamide is the founder of the famous YBNL Nation.
Olamide started his music career when he was signed to Coded Tunes Record Label.
This record label is owned by ID Cabasa, and it was managed by Tony Payne during that period.
While at Coded Tunes, the Olamide started by dropping his first single in 2010.
Just like other popular stars, Olamide has bagged a lot of lucrative endorsement deals over the years as a musician.
Today, Olamide is a brand ambassador for major Nigerian companies like Globacom, Guinness, iTel mobile, and even the American vodka company called ‘Ciroc’.
Currently, the singer Olamide has an estimated net worth of a whopping $12 Million dollars.
12. Phyno – Net Worth $11 Million
Phyno who goes by the real name Chibuzor Nelson Azubuike is a Nigerian rapper, singer, and music producer.
He was born on the 9th of October 1986.
Over the years, this singer has grown so high in the industry, that he is regarded as one of the best Nigerian singers of all time.
Phyno actually developed a passion for music production right from his secondary school days.
While in secondary school, he learned how to play musical instruments like the piano and drum.
During his second year in university, it was said that the singer already started making money from music.
In 2012, Phyno started his debut album project titled ‘No Guts No Glory’.
Over the years, Phyno has bagged a total of 5 major awards, and 28 award Nominations.
Currently, Phyno is estimated to worth a whopping $11 Million dollars.
13. Dbanj – Net Worth $11 Million
D’Banj’s was Born on June 9, 1980, as Oladapo Daniel Oyebanjo in Zaria, Kaduna State. Nigeria.
He started his primary education in military school and proceed to Nigerian Navy Secondary School, Ibara, Abeokuta.
When he feels he can make it through music, Dbanj chooses to start his musical career in 2004.
He has successfully released over five music albums with over 30 singles tracks.
However, his first debut album was released in 2005 which is “No Long Thing”.
According to Forbes, Dbanj has an estimated net worth of $11 million
14. Mr. P – Net Worth $11 Million
Mr P of P-Square is a Nigerian musician who goes by the real name Peter Okoye.
Peter and Paul Okoye of the defunct P-Square music group are twin brothers.
Though they were very happy together as a music group back in the days, the P-Square group started experiencing major disagreements in 2016.
Today, Peter is a solo artist who goes by the name Mr. P, and Paul has also gone solo with the name Rudeboy.
Currently, Mr P has an estimated net worth $11 million dollars.
15. Akothee – Net Worth $10 Million
Akothee is a Kenyan musician and businesswoman who goes by the real name ‘Esther Akoth’.
She is an award-winning Kenyan musician who has collaborated with several African acts.
As a musician, she has released several hit tracks that featured famous African acts like Flavour, McGalaxy, Diamond, and more.
She is the founder of a tour company in Kenya called ‘Akothee Safaris’.
Aside from this, she also owns a real estate company and a beach resort.
She currently owns a house in Rongo, which is estimated to worth about $750,000.
Aside from this house, she is also said to own a fleet of expensive rides.
Over the last decade, Akothee has racked up so much wealth from music and business.
She is currently said to be the richest musician in Kenya with an estimated net worth of $10 Million.
16. Sarkodie – Net Worth $9 Million
Sarkodie is a Ghanian rapper and entrepreneur born as Michael Owusu Addo in Tema, Ghana.
However, he is the owner of a record label called “Sarkcess Music record label” and a fashion business called “Sark Clothing”.
Besides, he happens to be the only Ghana artist which you will find in this list of the richest musicians in Africa.
In addition to that, he is the richest musician in Ghana with a net worth of 7 million dollars.
Most of the endorsement deals that bring him money are with Samsung Electronics and FanMilk.
He has also partnered with Tigo Telecommunications, Ghana for the business which sponsored Sarkodie Foundation and his Rapperholic tour in 2013.
Apart from that, he has featured some Nigerian musicians like Davido, 2baba, Banky W, Timaya, Burna Boy, Tiwa Savage and more.
Moreover, He was the third richest musician in Africa as of 2015 but drop to the sixth position.
17. Banky W – Net Worth $9 Million
Olubankole Wellington (popularly known as Banky W) was born to both Nigerian parents in the United States.
His father is from Badagry, a historic town in Lagos, and his mother from Calabar, Cross River State.
At age 5, the family moved back to Nigeria where he had his primary education in Corona School.
He later furthers his secondary education at Home Science Association Secondary School and Ajao Secondary School all in Lagos.
After his high school graduation, Banky W got a scholarship to study at Rensselaer Polytechnic Institute.
He then went back to the US and studied Industrial Engineering from RPI in New York.
Currently, Banky W has an estimated net worth of $9 Million
18. Bobi Wine – Net Worth $8 Million
Bobi Wine is is a Ugandan politician, activist, singer, actor, businessman and philanthropist.
His birth name is Robert Kyagulanyi Ssentamu, he serves as a member of parliament representing the Kyadondo East constituency in Wakiso District, in Uganda’s Central Region.
Robert Kyagulanyi Ssentamu was born on 12 February 1982 in Nkozi Hospital.
He grew up in the Kamwookya slum in the northeastern part of Kampala, the capital city of Uganda.
Kyagulanyi attended Kitante Hill School, where he attained his Uganda Certificate of Education in 1996. He then proceeded to Kololo Senior Secondary School and graduated in 1998.
Bobi then attended Makerere University in Kampala, where he studied music, dance, and drama, graduating with a Diploma in 2003.
Kyagulanyi began his music career in the early 2000s and adopted the stage name Bobi Wine
His music has been characterized as reggae, dance hall, and afrobeat, often with a socially conscious message
Currently, Bobi Wine has an estimated net worth of $8 Million
19. M.I – Net Worth $8 Million
Jude Lemfani Adaga (aka M.I) is a Nigerian rapper and songwriter who was born on the 4th of October 1981 in Jos.
He gained world recognition after he released his hit song titled Bullion Van in 2014.
As a result of his performance,he won an MTV award, and also bagged an international nomination.
Over the years, this singer continued to drop major hits and bag major awards.
He is the founder of the famous Chocolate City Record Label.
This label is well known for signing acts like Ice Prince, Brymo, and a few others.
Although most of these rappers are no longer on this record label, they owe part of their success to the label.
Curently, M.I is estimated to be worth a whopping $8 Million Dollars.
This makes him the third richest rapper in Nigeria.
20. Jidenna – Net Worth $7 Million
Jidenna Theodore Mobisson is a young guy from Nigeria.
He is one of the youngest and richest musicians in Africa.
He earned this fame and success through continuous hard work and suffering with an estimated net worth of 7 million USD.
His passion for music and art was evident from his childhood.
He is enjoying great fame in the United State of America and Africa.
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21. Flavour N’abania – Net Worth $7 Million
This star’s real name is ChineduIzuchukwuOkoli and another famous star from Nigeria.
He was passionate and interested in music since childhood.
At this moment, this star is holding the actual worth of 7 million USD, in estimation.
He has earned this money through music, production, and other sources.
22. Reminisce – Net Worth $7 Million
Reminisce is a Nigerian singer, rapper, and songwriter who hails from Ogun State, Nigeria
This singer often sings in both the English language and his native Yoruba dialect.
Reminisce started his music career back in 2006 when he started to record his first track, and also proceeded to record a complete rap album under Coded Tunes.
With so many endorsement deals, album sales, and more, Reminisce is currently estimated to worth about $7 Million.
23. Shatte Wale – Net Worth $6.2 Million
Born on the 17th of October 1984, Shatta Wale is a Ghanaian musician and songwriter, and record producer.
Although he goes by the real name ‘Charles Nii Armah Mensah Jr’, he is better known by his stage name ‘Shatta Wale’.
He started out with the stage name ‘Bandana’, but he later changed it to Shatta Wale. He is one of the most prominent dancehall artists in Ghana today.
Shatta Wale was shot into the spotlight after a very promising performance in 2014, which won him an award as the Artiste of the Year.
This was at the Ghana Music Awards in 2014.
Since then, Shatta Wale continued to rise.
This award was actually given to him because of his hit single titled ‘Dancehall King’.
That is still one of his greatest songs till date.
The Ghanaian musician Shatta Wale is currently said to worth $6.2 Million, making him the second richest musician in Ghana.
24. Chameleon – Net Worth $6 Million
Next is this young rock-star from Uganda.
Jose is having a great fan following due to his unique style and sense of art.
At this moment, this young musician is a millionaire and holding the actual worth of 6 million USD, in estimation.
Moreover, he is said to be one of the richest musician in East Africa.
25. Okyeame Kwame – Net Worth $6 Million
Kwame Nsiah-Apau also known popularly as Okyeame Kwame is a famous Ghanaian musician, songwriter, creative director, entrepreneur and a philanthropist.
Okyeame Kwame was born on April 17 1976 in Kumasi, Ashanti Region of Ghana,
He is the third child in a family of six children.
While growing up Okyeame Kwame started rapping at a very young age,
He rapping throughout his educational phase in during high school.
He went to Kwame Nkrumah University of Science and Technology (KNUST),
Same university where he studied music and specialized in classical guitar.
In 2015, Okyeame Kwame enrolled for a master’s degree in Marketing Strategy at the University of Ghana Business School.
Okyeame has also been appointed the public relations officer of the Musicians Union of Ghana (MUSIGA) from 2012 and the Ghana Music Right Owner (GHAMRO) in 2014.
He was the ambassador for MTN Group, GTBank and Coca-Cola in Ghana.
According to Forbes Okyeame Kwame has an estimated net worth of $6 million
26. Tinashe – Net Worth $6 Million
Tinashe was born as Tinashe Jorgensen Kachingwe on February 6, 1993, in Lexington, Kentucky, U.S.
However, she is a singer, songwriter, dancer, record producer, and actress who happens to be a citizen of Zimbabwe.
At the same time, she also happens to be the only female musician on the list and the richest musician in Zimbabwe.
She started his career in playing a role in children film, cartoon, and aminated film back in the year 2000.
Besides, she was also a member of girl group dancers and singers called “The stunners” between 2007 to 2011.
Moreover, she has released numerous songs and mixtapes which peaked her at number 58 on the Billboard 200 chart and has reached number 6 on the UK R&B Albums chart.
Tinashe is currently signed to a record label called “RCA Records” which has helped her won “Music Artist of the Year” in Zimbabwe Achievers Awards, US.
27. Stonebwoy – Net Worth $5.6 Million
Livingstone Etse Satekla (aka Stonebwoy) is another Ghanaian musician who is making great waves in the music industry.
He was born on the 5th of March 1988,and he is the founder of VP Records.
Just like Shatta Wale, Stonebwoy is one of the greatest dancehall artists in Ghana today.
He is a very popular Artist in Ghana, and he has bagged a lot of endorsement deals for his fame.
He often hosts musical shows both within and outside Ghana, and he has a huge fan base in the country.
Currently, Stonebwoy has an estimated net worth of $5.6 Million
28. Platnumz Diamond – Net Worth $5.1 Million
How can we complete the list without mentioning this rock-star from Tanzania?
The real name of this great musician is Nasibu Abdu.
The current research says that at this moment he is owning 5 million USD, estimated net worth.
This millionaire rock-star has earned this money through hard work and efforts.
He is the heartthrob of many youngsters in Africa.
29. Koffi Olomide – Net Worth $5 Million
The real name of this famous musician is Antoine Christophe Agbepa Mumba.
Having Congolese Citizenship and holding 5 million USD in the estimation, this great musician had been awarded many awards and compliments.
People love his art and music and make him earn millions.
30. Becca – Net Worth $5 Million
Becca who goes by the full name Rebecca Akosua Acheampomaa Acheampong is a well-known Ghanaian singer and songwriter.
She was born on the 15th of August 1986, in Kumasi, Ghana.
She has registered herself as a very talented artist with all her three albums.
Becca is very talented, and she is making waves in the Ghana industry today.
Presently, Becca is turning tables in the music industry, and she is currently under the EKB Record label.
She is well known both within and outside Ghana, and she has collaborated with several African acts.
Currently, Becca has an estimated net worth of $5million
Conclusion
What can you say about the richest musicians in Africa?
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Source: Thingstoknow.com.ng
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