Welcome to our updated list of the richest musicians in Africa, according to Forbes. Get ready to find out about the artists who have made a lot of money from their music and other businesses.
African music has come a long way, thanks to talented musicians who work hard to create great songs. These artists have become very rich over time by making music that people love, not just in Africa, but all over the world.
If you love music, you might want to know how much your favorite artists are worth. So, let’s take a look at Forbes’ list of the richest musicians in Africa.
Join us as we explore how these talented musicians have become so successful.
Richest Musicians in Africa
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Youssou N’Dour
At the top of the list, we have Youssou N’Dour from Senegal, with a staggering net worth of $145 million.
The Senegalese got his wealth from a diversified portfolio. Known for his strong voice and impact on global music, N’Dour made his wealth through his successful music career as a songwriter, composer, and politician. He’s also involved in politics, having served as his country’s Minister of Tourism. Additionally, he’s ventured into acting, writing, and producing movies.
Since the 1970s, N’Dour has released more than 20 albums and appeared in various films, such as Amazing Grace in 2006.
A living legend in African music, Youssou N’Dour’s contributions to the industry are immeasurable.
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Akon
Second on the list is Aliaume Thiam- Akon, with a staggering net worth of $80 million. The Senegalese-American singer, songwriter, and entrepreneur has made a significant impact on the music industry with his chart-topping hits and groundbreaking initiatives.
Akon’s mixed background was important in creating his music style, mixing R&B, hip-hop, and African beats. He became famous worldwide with his first album “Trouble” in 2004, which had popular songs like “Locked Up” and “Lonely.”
He’s been nominated for more than 5 Grammy Awards in various categories and has over 30 songs that became gold or platinum hits. Akon is known as a songwriter, producer, CEO of a record label, and someone who helps others through philanthropy.
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Black Coffee
Nkosinathi Innocent Maphumulo is the real name of a South African musician, DJ, record producer, and the owner of Soulistic Music Record Label. Black Coffee according to Forbes is the richest musician in South Africa and the third richest African musician with a net worth of $60 million.
Black Coffee has achieved immense success as a DJ, record producer, singer, and songwriter, earning him a spot among Africa’s wealthiest musicians.
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Wizkid
Ayodeji Ibrahim Balogun popularly known as Wizkid is the fourth on the list with a net worth of $30 million.
This international Afrobeat sensation appeared in the music world in the late 2000s and soon became a prominent figure in Afrobeats’ revival. His catchy music and heartfelt lyrics were loved not just in Nigeria but worldwide, leading to partnerships with big names like Drake and Beyoncé.
Similar to other musicians, Wizkid also invested his money into different businesses. He earned his wealth from his music, a clothing line, and investments in technology, especially app developments.
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Davido
Breaking into the top five, we have David Adedeji Adeleke, also known as Davido, with a net worth of $28 million.
Davido’s journey to wealth began with his breakthrough into the music industry. His popular songs like “If,” “Fall,” and “FIA” made him very famous and got him a lot of fans. He’s also very active on social media and has a big influence there. Besides music, Davido also invests in fashion and real estate businesses.
The self-proclaimed ‘Omo Baba Olowo’ has dominated the music charts with his catchy tunes and energetic performances, solidifying his position as one of Africa’s biggest stars.
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Don Jazzy
Don Jazzy, whose real name is Michael Collins Ajereh, has a net worth of over $18 million. He founded Mavin Records and has been instrumental in shaping the Nigerian music scene by mentoring many artists and producing hit songs that have become popular anthems.
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Burna Boy
Damini Ogulu also known as Burna Boy is a Nigerian singer, rapper, songwriter, and dancer who has taken the music world by storm with his unique sound and captivating performances.
Burna Boy is a Nigerian singer who started his music career in 2010. His song “Like to Party,” released in 2012, made him famous in the music world. It was part of his album L.I.F.E, which came out in 2013. Burna Boy has won a Grammy award and other awards too.
He was featured in the 2019 Apple Music Up Next Artist program. Some people think Burna Boy is connected to Fela Kuti, who was a famous Afrobeat musician. Grammy-winning album ‘Twice As Tall’ solidified his status as one of Africa’s finest musicians.
Burna Boy has a net worth of $17 million.
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2Face Idibia (2Baba)
Innocent Ujah Idibia, also known as 2Baba, is one of the richest musicians in Africa, boasting a net worth of $16.5 million. He gained his wealth and fame mainly from his music career, including hits like ‘African Queen’. Apart from his music success, 2Baba has investments in hotels and real estate.
2Baba has been a pioneer in Nigerian music for many years, winning numerous awards both at home and abroad.
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Rudeboy
Paul Okoye, also known as Rudeboy or King Rudy, was born on November 18, 1981, in Nigeria. He is a musician, performer, and producer, with a net worth of $16 million. Formerly one-half of the iconic duo P-Square, Rudeboy embarked on a successful solo career after parting ways with his brother Peter Okoye. With hits like ‘Fire Fire’ and ‘Audio Money,’ Rudeboy continues to make waves in the music industry.
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Timaya
Inetimi Alfred Timaya Odon popularly known as Timaya is a renowned Nigerian singer and songwriter known for blending Nigerian pop with dancehall, hip-hop, and soca. His solo career began in 2005 with the release of his debut single, “Dem Mama,” which highlighted a tragic event in his community, Odi. Since then, he has released several successful albums, including “True Story,” “Gift and Grace,” and “De Rebirth.” Timaya’s music has gained international prominence, and he continues to be a prominent figure in the Nigerian music scene.
Timaya has a net worth of $14 million.
Summary List of Top 10 richest musicians in Africa
- Youssou N’dour
- Akon
- Black coffee
- Wizkid
- Davido
- Don Jazzy
- Burna boy
- 2face Idibia (2Baba)
- Rudeboy
- Timaya
And there you have it, the top 10 richest artists in Africa for 2022 according to Forbes. Did your favorite artist make the list? Let us know in the comments below, and don’t forget to share.
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