Top richest musicians in Africa in 2022 – Forbes

Top richest musicians in Africa in 2022 according to Forbes

In the African continent, we have a lot of famous musicians and still counting. In this article, we are going to discuss with you the top richest musicians in Africa this 2022 with their net worth according to Forbes. Are you interested in knowing the names of top richest musicians in Africa? If yes, then let’s start!!

We will also discuss some of their expensive properties including cars, houses, etc. Every musician in Africa has attained their ambition through their musical talent.

Here is a deep insight of top Africa’s top richest musicians including their age, country, net worth, etc. Music industries in Africa are one of the most rising music industries in the world due to the increased number of talented musicians from different parts of Africa working hard to bring out the best songs.

The name of top musicians that we are going to discuss today have released many amazing songs of different types that are played in Africa and some other parts of the world. They have also earned a lot of money from their music career, hence, they have become one of the richest musicians in their countries.

Read this also: top richest men in Lagos according to Forbes (2023).

They have also become the richest musicians in Africa with tangible net worth. Now, I have compiled the list of the top richest musicians in Africa in 2022.

Who are the top 20 richest musicians in Africa in 2022? Here is a detailed look!

Below are the top richest musicians in Africa in 2022 and their net worth. Please note that this list of richest musicians in Africa in 2022 covers only African musicians who are currently active in different African music industries.

Top richest musicians in Africa in 2022

1Youssou N’Dour$145 million
2Wizkid $21 million
3Davido$19.5 Million
4Burna Boy$17 million
5Don Jazzy$18 million
6Dj Black Coffee$60 million
7Tiwa Savage$5 million
8Akon$80 Million
92Baba$16.5 million
10Rudeboy$16 million
11Olamide$12 million
12Banky W$9 million
13Flavour$10.2 million

Read these also:

1. Top richest musicians in Nigeria and their net worth 2022.

2. List of notable musicians that studied in UNILAG.

3. How to activate MTN roaming in Nigeria when travelling abroad.

4. Owners and CEOs of MTN and their net worth (Nigeria and South Africa).

5. Best nursery and primary schools in Benin City.

6. How to cheat Airtel network for data bundle.

#1. Youssou N’Dour | Net worth: $145 million

As of 2022, Youssou N’Dourith has a net worth of $145 million, hence, he is the richest musician in Africa. He is a Senegalese musician born on 1st October 1959 (age 62 years) in Dakar, Senegal.

Youssou is not only a musician but also a songwriter, composer, occasional actor, businessman, and politician. He was former Senegal’s Minister of Tourism from 2012 to 2013. He is an accomplished Senegalese musician with immense wealth. In fact, he is also one of the best-known West African musicians today.

In 1994, N’Dour released his biggest international hit single, the trilingual “7 Seconds”, a duet sung with Neneh Cherry. Youssou N’Dour’s distinctive voice, rhythmic melodies, and powerful lyrics have been thrilling audiences in Africa and across the world. He is frequently referred to as one of the world’s greatest singers as well as the most famous singer in Senegal and Africa.

#2. Wizkid | Net worth: 21 million

Wizkid is another musician among top richest musicians in Africa and also in other countries. He secures many endorsement deals. Being a famous musician in Nigeria, he has secured an endorsement deal with MTN Nigeria, Techno Mobile, Puma, GLO, UBA, Pepsi, Guinness, etc. with an estimated payment of over $240,000 million as an ambassador.

He is the second richest musician in Africa after Youssou N’Dour with an estimated net worth of 21 million U.S dollars as of 2022.

The real name of Wizkid is Ayodeji Ibrahim Balogun. He is known popularly as a Nigerian singer and songwriter who began recording music at the age of 11 and released a collaborative album with the Glorious Five, a group he and a couple of his church friends formed.

Wizkid is the founder of ‘Starboy Entertainment’. He is a perfect example of a singer who has gone from below the ladder to the top. In 2020, Wizkid released a music album, called ‘Made in Lagos’ which featured interesting tracks like ‘Reckless’, ‘Ginger’ and ‘Essence’ which made it to Barack Obama’s list of favourite songs essence.

According to Forbes, Wizkid has been consecutively rated as the Nigerian top richest musician and Africa’s second richest musician with a net worth of 21 million Dollars.

Being the richest musician, Wizkid has a luxurious mansion in Surulere with an estimated net worth of $26,000 million and another one located in the United States, Los Angeles.

#3. Davido

Davido, as he is fondly known by a stage name, his real name is David Adeleke. He is the 3rd richest musician in Africa in our list of top richest musicians in Africa with an estimated net worth of 19 million U.S dollars.

His wealth is not only made from music. He makes his wealth from being an ambassador to other companies both in Nigeria and abroad. Davido has served as an ambassador to MTN, Guinness Nigeria, Infinix Mobile, etc.

Davido performs in national and international shows where he must be paid with a minimum of $20,000 and $30,000 for national and international performance respectively.

Davido started his music career in 2011 and released a song titled ‘Dami Duro’. Since then, he has released countless songs that have brought him popularity, money, and international recognition. The net worth of Davido as of 2022 according to Forbes is $19.5 Million, hence, he is the second Nigeria’s richest musician and third in Africa.

Being the third musician among the top richest musicians in Africa, Davido has mansions in Nigeria and abroad. One of his mansions is located in Lekki and one in Lagos each worth about 500 million Dollars. One of his expensive mansions abroad is located in Georgia, USA.

#4. Burna Boy

Burna Boy is the 4th richest musician among the list of top richest musicians in Africa and the third richest musician in Nigeria having an estimated net worth of $17 million as of 2022 according to Forbes.

The real name of Burna Boy is Damini Ebunoluwa Ogulu. He was born in Port Harcourt, Rivers State Nigeria on 2nd July 1991 (age 30 years as of 2022). He is known famously as a singer, rapper, songwriter, and dancer.

Burna Boy released his first song in 2012 titled ‘Like to Party’ from his debut album, L.I.F.E. Since then, he has started gaining recognition in the music industry in Nigeria and other countries. His music career has been filled with success stories, according to him.

Being a famous musician, Burna Boy is currently a brand ambassador of GlobacomNigerian Breweries Plc, Mortell Cognac, and other recognized companies.

#5. Don Jazzy | Net worth: $18 million

When mentioning the list of top musicians in Africa, if Don Jazzy, a Nigerian musician is not among them, then the list is not yet completed. The net worth of Don Jazzy as of 2022 is estimated to be over $18 million.

Don Jazzy is a music producer and an entrepreneur, the CEO of the Mavins Records Label. Don Jazzy is a Nigerian musician who has a helpful mind for other aspiring musicians. He has signed many musicians into music. Top famous Nigerian musicians whom Don Jazzy signed are Rema, Ladipoe, Koredo Bello, Wande Coal, Tiwa Savage, Reekado Banks, D’Prince, and others.

The real name of Don Jazzy is Michael Collins Ajereh who was born in Umuahia on 26 November 1982 (age 39 years as of 2022). Don Jazzy is a comedian, songwriter, brand ambassador, and also a coach. He has acted as a brand ambassador to lucrative companies like MTN Nigeria, Loya Milk, etc.

He has built two mansions in Nigeria, Banana Island, and Lekki while he also has a house in Los Angeles, USA.

See this also: top 23 biggest churches in Nigeria (everything about them).

#6. Dj Black Coffee | Net worth: $60 million

South African musician, Black Coffee, as he is fondly known is the richest musician on the list of our top richest musicians in Africa in 2022 with an estimated net worth of $60 million.

The real name of Dj Black Coffee is Nkosinathi Innocent Sizwe Maphumulo born in Durban, South Africa on 11 March 1976. He is known as a DJ, record producer, singer, dancer, and songwriter. He is the richest DJ and musician in South Africa.

He has had many awards that earned him money to become the richest musician in Africa. Some of the awards include 2015 Breakthrough DJ of the Year, SAMA’s Best Dance Album, Album of the Year, Best Engineered Album International Recognition, etc.

Black Coffee is the founder and CEO of Soulistic Music where he and other musicians produce albums. He has two expensive mansions, one in Los Angeles, United States and the other in South Africa each believed to be worth about $400,000.

#7. Tiwa Savage

Tiwa Savage is a songwriter and actress born in Isale Eko, Nigeria on 5 February 1980. She is one of the richest and the most influential female musician in Africa having an estimated net worth of $5 million dollars as of 2022.

#8. Akon | Net worth: $80 Million

Akon is a Senegalese-American singer, songwriter, record producer, and entrepreneur born on 16 April 1973 in St. Louis, Missouri, United States.

Akon is both a musician and an entrepreneur having a clothing line company called Konvict Clothing which is only worth $80 million.

His music career has made him win numerous awards, including BET, Billboard, and World Music Awards. In addition, he has 15 songs certified digital, 12 certified platinum, 3 certified 2x platinum, and 4 songs certified 3x platinum. Besides his exploits in the entertainment industry, Akon also has numerous business ventures that have contributed to his net worth.

#9. 2Baba

2Baba or 2Face is the 9th richest musician in Africa among the top richest musicians in Africa in 2022 in our list with an estimated net worth of $16.5 million. He has improved in his music skills and rose to become the best Afropop artists in Africa.

Kennis Music signed him during early years of his music career when he released his first music titled ‘African Queen’ in 2004.

His real name is ‘Innocent Ujah Idibia’ but people know him by his stage name ‘2Baba’ or ‘2Face’. He was born in Plateau State, Nigeria, on 18th September 1975 while his origin is Benue state.

He suffered a lot during the early year of his career but today his efforts and hard work in the music industry has helped him become one of the richest musicians in Nigeria and Africa in 2022. He has won different awards like the MTV Music Awards, Headies and BET Awards.

#10. Rudeboy | Net worth: $16 million

Rudeboy is a Nigerian musician who loves to spend on luxury cars. He owns a Range Rover, BMW X6, Jeep Wrangler, and a Mercedes Benz. Being one of the top richest musicians in Africa in our list, Rudeboy also owns a mansion in Atlanta, Georgia near the one of his twin brother, Peter.

He is the 10th richest musician in Africa and 7th in Nigeria as of 2022. He and his twin brother released many songs which earned them a huge net worth and fans. Some title of some of their songs include E No Easy with J Martins, Chop My Money with Akon and May D, Beautiful Onyinye featuring Popular American rapper Rick Ross and many more.

Rudeboy was performing music with his twin brother, Mr P when they released their first music, Last Nite, under Timbuk2 music label after they won the Grab Da Mic competition.

He and his twin brother, Mr P were both popularly known as P-Square at the early time they started their music career while attending music school.

#11. Olamide

Olamide is a Nigerian musician actively known to sing in both his native language, Yoruba, and English. This ability has gained him many fans and followership across western Nigeria, especially Lagos.

In both Nigeria and other countries, people listen to his music. They invites to show in Nigeria and abroad. Apart from music, Olamide also act as a brand ambassador to many companies like Itel mobile, MTN, Cîroc, Globacom, Guinness, etc. which makes him side money.

According to Forbes, the net worth of Olamide is estimated to be $12 million as of 2022, hence, he is the 11th richest musician in Africa in 2022.

Olamide commenced his journey into the music world with the Coded Tunes. He is the founder and CEO of the YBNL Record Label.

After Don Jazzy, Olamide is the second musician in Nigeria that like to be a back bone and ladder of other aspiring musicians. He has signed numerous famous artists including Temi Ovwasa, Chinko Ekun, Picazo, Lil Kesh, Adenkule Gold, etc.

#12. Banky W | Net worth: $9 million

Banky W was born in the USA but grew up in Lagos, Nigeria. The accomplished musician began his musical career at a very young age while singing in church. After completing his high school studies, he relocated to New York for a university course in engineering.

He was among the cast members of the 2016 film ”The Wedding Party” which made about $500,000.

Being the famous musician, Banky W has served as an ambassador of different companies including Uber, Coca-Cola, Etisalat Mobile, Samsung Nigeria, etc. As of 2022, the net worth of Banky W is estimated at $9 million according to Forbes and he is also ranked 15th among other top richest musicians in Africa in our list.

#13. Flavour | Net worth: $10.2 million

Flavour started his music career when he 13 years ole while singing in church as a choir member. He then perfected his skills when the resident pastor introduced him to the executive officer at the renowned Soundcity Communications. The young Flavour then joined the company on an educational scholarship.

His music career has won him numerous awards including a City People Entertainment Award, Nigeria Music Video Award (NMVA), and Channel O Music Video Award. In addition, Flavor’s musical prowess and subsequent fame have opened doors for numerous social event invitations, concerts, and endorsement deals. He has recently acted as a brand ambassador to Nigerian Breweries, Onga Seasoning, Hapr, Globacom, Conoil, etc.

Flavour or Flavour N’abania, as he is popularly known by fans but known as Chinedu Okoli by his parents was born on 23 November 1983 (age 38 years as of 2022) in Enugu, Enugu state. His song which people like most in both Nigeria and abroad is titled ”Nwa Baby”.


I hope this article has helped you? Please let’s know how you feel via the comment section and remember to share it with your friends. Thank you and good bye!!

Read these also:

Share the Post:

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our newsletter

Subscribe to our email list to stay updated. We hate spam, hence, we won't share your email address with others.