Recently a list of Top 10 Richest African Musicians for 2021 reportedly put together by Forbes surfaced on the internet.
We decided to compile a list of the Top 10 Richest African Musicians who made the 2021 list. Also In this list, American singer, Akon appears. Despite the fact that he is based in the US, it doesn’t take away the fact that he is African having spent his childhood in African and being born to Senegalese parents.
Here is the list of Top 10 Richest African Musicians for 2021:
Youssou N’Dour – net worth $145 Million.
Youssou N’Dour, also known as Youssou Madjiguéne Ndour, born October 1st, 1959, is a Senegalese singer, songwriter, composer, occasional actor, businessman, and politician.
The singer started his career at the age of 12 and once performed with the Star Band, Dakar’s most popular group, during the 70s.
In 2004, Rolling Stone magazine described him as, “perhaps the most famous singer alive” in Senegal and much of Africa. From April 2012 to September 2013, he was Senegal’s Minister of Tourism.
N’Dour is one of the most celebrated African musicians in history and is known to be the richest musician in Africa. His net worth is estimated to be $145 million. Youssou owns the biggest media house in Senegal with radio and Tv stations. He also boasts vast investments in real estate.
Akon – net worth $80 million.
Aliaume Damala Badara Akon Thiam, aka Akon was born on April 16th 1973. He is a Senegalese -American Hip-hop artist.
Akon is a talented musician who has been in the music industry for a very long time. He is also an actor and has ventured into different businesses.
He has amassed wealth over the years because of his versatility and ability to venture into other investment areas.
Currently, he is ranked as the second richest African artist. He has an estimated net worth of $80 million. As the richest musician in Africa, he writes songs and is also engaged in producing them. His sound recording and advertising deals also add an extra coin to his pocket.
He has two labels called Konvict Muzic and Kon Live Distribution. These are some of the most popular labels globally, having signed some of the world’s best, including T-Pain and Lady Gaga. This alone has put him at the forefront as far as making money in the music industry.
Apart from his wealth creation skills via additional means, his singing talents set him apart, giving him an edge over competitors. He enjoys great popularity among listeners around the world. Akon has sold more than 35 million albums and has been nominated for Grammy Awards five times. Forty-five of his songs hit the Billboard Hot 100 songs list. His amazing talent continues to put him on the map.
The singer is currently working on building his own city in Senegal.
Black Coffee – net worth $60 million.
Black Coffee, whose real name is Nkosinathi Maphumulo, is South Africa’s richest musician and the third wealthiest in Africa’s continent. He was born on March 11th, 1976, in Umlazi, South Africa.
He has an estimated net worth value of $60 million. He comes from KwaZulu-Natal but was raised in the Eastern Cape province. He is a celebrated artist and a holder of numerous awards. While he may not be popular in West Africa, he rules in the South.
In addition to that, he is also extremely popular abroad. His creativity appeals to fans that appreciate the electronic music genre. He began his career in 1995 and released five albums under his label.
He made significant growth steps in 2004 when he was chosen for Red Bull Music Academy held in Cape Town. In 2005, he won the Breakthrough DJ Of The Year award at the DJ Awards in Ibiza. He also owns luxurious and fancy cars like Mercedes Benz G Station wagon, CLK Mercedes, Bentley, and Maserati. He also owns a private jet.
Wizkid – $21 million.
Wizkid, whose real name is Ayodeji Ibrahim Balogun, is a talented and gifted Nigerian singer. He was born on June 16th, 1990, and is currently one of the richest Nigerian musicians. WizKid has an estimated net worth value of $30 million.
His extra links and endorsements also earn additional income, with a good example being when he cooperated with Pepsi.
He has four albums and numerous award-winning songs to his credit. He is also viewed as the Nigerian biggest artist both on the homefront and the global music scene.
Davido – Net Worth $20 Million.
Born David Adedeji Adeleke, Davido was born in Atlanta, Georgia, on November 21st, 1992.
He is popularly known for his hit songs, which tend to become household names in Nigeria. He has made tremendous achievements in showbiz, especially in West Africa.
The singer came into the scene with his first single, “Back When” in 2011 and since then he achieved fame earning many nominations, awards, and profitable endorsements.
According to Forbes, his DMW label also brings in a substantial amount of cash, contributing to his $20 million net worth value.
His ability to transform music from being a hobby and talent to so much more that it became a business is a secret to success. It took him only a few years to get a high status in the world of African show business.
Don Jazzy – $17.5 Million.
Real name is Michael Collins Ajereh, Don Jazzy is a music entrepreneur, producer and artist.
He started out as a producer and co-owner of Mo’hits records with D’banj. After many years of successfully dominating the industry with D’banj, the two went their separate ways with Jazzy starting up Mavin Records which is home to a lot of talented and popular artists.
His current net worth is $17.5 million. He has won numerous awards throughout his career, including when he became an ambassador for the MTV brand.
Apart from Music, He is also engaged in various business enterprises that have made him one of the richest artists in Nigeria.
Burna Boy – $17 Million.
Since his rise to prominence in 2012 with “Like To Party”, Burna Boy born Damini Ogulu has dominated not just the Nigerian Music scene but the global music scene too.
With five award-winning albums to his credit, Burna Boy is one of Nigeria’s successful artist with his influence crossing the border.
In 2021, Burna Boy was nominated for a Grammy a second time courtesy of his fifth studio album, “Twice as Tall’ which he won becoming the first Nigerian/Afrobeat artist to win the Grammys in the Best Global Music Album category.
According to the list, he is reportedly worth $17 Million which is an accumulation of the money he has earned from streams, various ambassadorships and tours.
2Baba – $16.5 Million.
2Baba whose real name is Innocent Ujah Idibia was born on September 18th, 1975, in Nigeria. He is a popular Nigerian actor, record producer, singer, and songwriter.
He started as a member of the Nigerian R&B group Plantashun Boyz. However, under the name 2Face Idibia, he gained fame in 2006 through his solo hit African Queen.
As a famous musician, he has produced more than seven albums and won over 40 awards. He has invested greatly in real estate across Nigeria.
In 2009 he was appointed as a brand ambassador to the National Agency for Food and Drug Administration and Control. He was also appointed as regional Goodwill Ambassador for UNHCR, the UN Refugee Agency, in 2020.
He has also signed endorsement deals with Guinness brands, which earned him $125,000, and Airtel earned him $139,000. Currently, he has an estimated net worth of $16.5 million and is considered one of the successful Afro pop artists in Africa.
He is currently married to Annie Idibia and has six children from various women.
Rudeboy – net worth $16 million.
Rudeboy was born on November 18th, 1981, as Paul Okoye. Paul, alongside his twin brother Peter, was once a duo known as P-Square. Together they were considered the most successful duo in Nigerian music industry history.
They produced and released their albums through Square records. In 2017, the two decided to pursue solo careers after 15 years of performing together. The two brothers were worth $150 million before their split.
After sharing their assets, Rudeboy personal net worth is now estimated to be $16 million. He owns a mansion in Parkview estate in Lagos, Nigeria, and drives many exotic cars.
Timaya – $12 Million.
Inetimi Timaya Odon known by his stage name Timaya is a popular dancehall artist in Nigeria. His solo career began in 2005 with the release of “Dem Mama”, which also appeared on his debut album, True Story released the following year.
He gained further visibility and international prominence through his third studio album De Rebirth and its lead single “Plantain Boy”. Both were commercially successful.
Currently, Timaya has an estimated net worth of $12 Million. The multiple award-winning singer has about 7 projects- 6 albums and one EP- to his credit.
Top 10 Richest musician in Africa 2021
- Youssou N’Dour
- Black Coffee
- Burna Boy
- Don Jazzy
- 2Baba aka 2Face Idibia