Richest Musicians In Africa Right Now [2023 Net Worth]

Top 20 Richest African Musicians Of 2021
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Sometimes I’d sit down and wonder who the richest musicians in Africa were? As exciting as it is to know, Africans are talented people in areas like music, dance, and creativity. We’ve got extraordinary musicians, superstar DJs, jaw-dropping hip-hop artists & rappers making good music.

Musicians like Naira Marley, mean Burna Boy, Nasty C, Yemi Alade, Angelique Kidjo, Salif Kieta, Hugh Masekela, Davido, Fela Kuti, Jidenna, Mafikizolo, Dremo, AKA, Wizkid, Uhuru, Ycee, Simi, are some of the finest artistes in Africa.

There is something special about musicians from this part of the world. Well, we’re not going to be looking at the most special songwriters in Africa; we will be looking at the wealthiest musicians in Africa for 2020.

Top 10 Richest African Musicians

I know you’re excited to see this list well so am I. Every name listed in the list below contains the image of an icon, his profile, and their success story. If you are looking for the wealthiest African musician, look no further because these are the richest musicians in Africa according to Forbes

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RankMusicianNetworthNationality
1Youssou N’dour$146 millionSenegalese
2Akon$80 millionSenegalese-American
3Black Coffee$60 millionSouth African
4Davido$38 millionNigerian-American
5Wizkid$26 millionNigerian
6Burna Boy$21 millionNigerian
7Don Jazzy$21 millionNigerian-American
82Face Idibia (2Baba) $16 millionNigerian
9Tiwa Savage$15 millionNigerian
9Olamide$15 millionGhanian
10 Psquare$13 MillionNigeria

Richest Musicians In Africa

Africa is a continent with a rich and diverse music culture, and it is home to some of the wealthiest and most successful musicians in the world. From Nigeria to Senegal, these artists have achieved international fame and have amassed impressive wealth through their music careers. In this blog post, we will take a look at some of the richest African musicians and explore their journeys to success.

Whether they’re known for their soulful R&B vocals or their energetic Afrobeat rhythms, these artists have made a lasting impact on the global music scene and have inspired countless others to pursue their dreams. These are the richest musicians from Africa.

1. Youssou N’dour – $150 Million [Senegal]

Top 20 Richest Musicians in Senegal
Youssou N’Dour – $150 Million [Forbes]

Youssou N’Dour is a Senegalese singer, songwriter, composer, and political activist. He has been a major figure in African popular music since the 1970s. He has recorded more than 20 albums both under his name and as a member of Super Étoile de Dakar.

As one of the pioneers of mbalax, a popular style of Senegalese music, he has become a national hero in Senegal and is much admired throughout Africa for his contribution to world music.

N’Dour is not just a musician who is also an actor, producer, and writer. He has been described as “perhaps the most famous singer alive” by an American Magazine. He has featured in some movies, including the movie “Amazing Grace”, which previews the epoch of the slave trade in the 18th century. This was an epic movie in the early 21st century (2006).

Youssou N’Dour is the richest musician in Africa and has been for years. He tops the list with a net worth of $146 million from his involvement in politics, acting, music, and business.

According to the New York Times, CNN, and MTV Base, Youssou N’ dour is the most prophetic African musician of all time. 

His incredible music appeals to millions of people around the world. His traditional Senegalese tune is filled with hip hop, jazz, and soul-touching beats. Youssou N’ dour was also the former minister of Tourism in Senegal.

2. Akon – $80 Million [Senegal/America]

Richest Musicians In Africa Right Now [2023 Net Worth]
Akon – $83 Million [Forbes]

The legendary musician has earned over $83 million as a musician. As a businessman, producer, vocal artist, and label owner, he had been the go-to producer for superstars like Michael Jackson, Snoop Dog, T-pain, and Nas.

Born on the 16th of April 1973 in St. Louis Missouri, Aliaume Damala Badara Akon Thiam is an American Music legend & Africa’s most exceptional songwriter.

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Forbes listed Akon as one of the richest musicians in Africa with an estimated net worth of around $83 million. Since then he has been involved in several philanthropic activities including being a member of the onePULSE Foundation’s National Honorary Board, co-founding the Konfidence Foundation, and being an active member of the Make A Wish Foundation

He is not just a musician; he is an African-American singer, songwriter, music producer, philanthropist, actor, entrepreneur, and also the CEO of Konvict music.

Akon is a legend and a music icon in the United States where he’s based. He has had over 5 Grammy awards nominations in different categories, 30+ songs grossing as gold and Platinum tracks, and three studio albums released in 2004, 2006, and 2008.

When combined, all of his tracks have sold more than 30 million copies worldwide. This brings piles of money, awards, endorsements, and recognition. Akon can easily be recognized as the most successful African musician. Right now, Akon is building the renowned Akon City in his home country, Senegal.

3. DJ Black Coffee – $60 Million [South Africa]

Richest Musicians In Africa Right Now [2023 Net Worth]
DJ Black Coffee – $60 Million [Forbes]

Nkosinathi Innocent Maphumulo popularly known as DJ Black Coffee is another musician that has become a multimillionaire by making music. He is a music producer, influencer, and a top-rated DJ known worldwide.

Black Coffee is a reggae and dancehall singer from Cape Town, South Africa. He’s known for releasing his albums on his own label, Kalawa Jazmee Records, and has sold over 2 million records independently in South Africa.

DJ Black Coffee still makes great music even with one hand. He also knows how to play five different instruments even with his eyes closed. He had an accident when he was little which left him paralyzed in his left arm. 

But still, DJ Black Coffee has been making back-to-back hits since 1995. This makes this music-making genius one of the most talented African musicians.

Black Coffee also created his music label and even participated in the 2004 Red Bull music academy in Cape Town. Today, DJ black coffee is worth over $60 million and still making record-breaking music.

4. Davido – $38 Million [Nigeria/America]

Top 20 Richest Musicians in Nigeria
Davido – $38 Million [Forbes]

Davido is also one of Africa’s richest musicians. With his endorsements, licenses, Adeleke money, and album sales combined, this superstar’s generation is never going to be poor. 

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This musician, philanthropist, and businessman just celebrated his 28th birthday with a low-key party with friends, family, and well-wishers. His impressive earnings have been acknowledged by Forbes, and he is one of the finest musicians in Nigeria,

Davido is one of the most iconic musicians in Nigeria. With a net worth of $38 million, he is one of the most successful musicians in Nigeria. Born in Atlanta, Davido is a talented Nigerian-American that has bagged more than 150 awards and gained international recognition globally.

Despite coming from a wealthy family, David Adeleke isn’t deterred by the hustle involved in making money or depends on his father for wealth and sustenance. He works for his own money. This makes Davido one of the most hardworking musicians in Nigeria. 

He is one of the few songwriters in Nigeria that can be compared to Wizkid. Davido has made music with some of the most iconic international superstars like Nasty C, Rea Shummud, Yung Thug, Meek Mill, Chris Brown, and Uhuru. 

On the 27th of May 2020, Davido’s hit song “Fall” became certified gold in the US and Canada. This song sold over 40,000 copies in Canada and 800,000 copies in the US.

This African pop singer is ranked the second-highest earning African musician of the decade due to his multiple stadium-packed tours, sponsorship, endorsement, albums, and Adeleke inheritance, of course. This year Davido had an impressive net worth of $38 million.

5. Wizkid – $26 Million [Nigeria]

Top 20 Richest Musicians in Nigeria
Wizkid – $26 Million [Forbes]

Wizkid (born Ayodeji Ibrahim Balogun on June 16, 1991) is a Nigerian singer and songwriter. He started his musical career at age 11, releasing a collaborative album with Glorious Five entitled Lil Prinz. In 2009 he signed a record deal with Banky W.’s Empire Mates Entertainment (E.M.E.) before he released his debut studio album, Superstar (2011).
He has been nominated and won several accolades including 3 BET Awards, and 6 MOBO Awards among others.

As foreseen, Starboy Wizzy is one of the most popular African musicians of the 20th century. From the streets of Ojuelegba, Wizkid has risen to be one of the most respected musicians in Nigeria. 

He has made music with Nicki Minaj, Rihanna, Drake, and even Beyonce. Right now, Wizkid is dreaming of making Rihanna his baby mama, but that will be a topic for another day.

Wizkid ranks in the elite spot among the top 50 richest musicians in Africa. His net worth is well over $26 million, which converts into billions of Naira. Wizkid is also the founding father and currently the CEO of Starboy.

Since he gained his international recognition when he was featured by Drake on a hit track tagged “One Dance“, Wizkid has been on a global level and does more international collaborations and concerts.

The Ojuelegba crooner has made over $20 Million from his music alone he has endorsement deals with more than 30 local and international brands.

6. Burna Boy – $21 Million [Nigeria]

Top 20 Richest Musicians in Nigeria
Burna Boy – $21 Million [Forbes]

Burna Boy, born Damini Ebunoluwa Ogulu, is a Nigerian Afropop singer-songwriter. He was born in Port Harcourt, Rivers State, and began his music career there in 2012. He has released four albums to date: “L.I.F.E” (2012), “On a Spaceship” (2015), “Outside” (2018), “African Giant” (2019), “Twice as Tall” (2020-2021), and the most recent, “Love Damini” (2022). He has collaborated with artists such as Zlatan, Wizkid, Justin Bieber, and Skepta, among others.

Burna Boy is an established Nigerian artist, songwriter, and record producer. He has an estimated net worth of $21 million, earned from his music career in Nigeria. Burna Boy started gaining recognition in the Nigerian music industry in 2012 when he released his hit single ‘Like to Party’.

He has a long list of awards and nominations to his credit that include 4 BET Awards, 1 MTV Africa Music Award, and many others. The main source of his income is his music activities. He signed a distribution deal with Atlantic Records in 2017.

7. Don Jazzy – $21 Million [Nigeria]

Top 20 Richest Musicians in Nigeria
Don Jazzy – $21 Million [Forbes]

The list of the richest musician in Africa never is complete without adding this name to another exceptional music producer, songwriter, and businessman. Don Jazzy is a living icon as far as African music is concerned. 

Although he hasn’t made a single track, album, or concert, Don Jazzy is one of the most respected music producers on the continent.

Yes, he is the Kanye West and Diddy of Africa and a kingmaker as far as Afro Beat is concerned. He is the richest musician in Nigeria and the 5th richest African musician.

He has collaborated with so many international stars like Kanye West, Jay-Z, and Beyonce. He is the founder of Mavin Records and has recruited so many local stars like Wande Coal, DNA, Rema, Korede Bello, Dija, Tiwa Savage, Reekado Banks, and even Dbanj. 

Currently, Don Jazzy is more interested in business and music production than songwriting. As usual, he is still inspiring and raising young music talent.

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8. 2Face Idibia – $16 Million [Nigeria]

Top 20 Richest Musicians in Nigeria
2Face Idibia – $16 Million [Forbes]

Born in 1975, 2Baba is one of the most iconic musicians in Africa. He also stands as one of the richest musicians in Nigeria. 2Face started making music with Plantashun Boiz in his early 20s. The African Queen superstar is so talented that some of his 12 years old tracks are still on the billboard. 

Today, he is the CEO of Hypertek production, happily married to Annie Idibia, and has multiple endorsements deals with multinational cooperations like MTN, Pepsi

 9. Tiwa Savage – $15 Million [Nigeria]

Top 20 Richest Musicians in Nigeria
Tiwa Savage – $15 Million [Forbes]

Tiwatope Savage also stands as the wealthiest female musician in Africa. Born on the 8th of February 1980, she is an energetic musician, songwriter, and mother. Her first track tagged “Kele Kele Love” was a mega-hit, she stands as one of the finest female musicians on the continent.

Being the first lady of Nigerian music, Tiwa Savage has earned enormous international recognition and collaborations. She is also the brand ambassador of Maggi, Pepsi, Forte Oil, and Konga, and is even signed to a record label owned by Jay Z.

16. Olamide – $15 Million [Nigeria]

Top 20 Richest Musicians in Nigeria
Olamide – $15 Million [Forbes]

Here’s another Nigerian that ranks as one of the richest African musicians. He is the king of Nigerian street music and one of the hottest Nigerian songwriters. If you visit Badoo’s Instagram handle, you’ll see that he is living the life of a Lagos boy.

The Shakiti Bobo crooner and CEO of Yahoo Boys No Laptop [YBNL Nation] is one of the finest Yoruba rappers in Nigeria. He has over six studio albums, sold over 500,000 copies, and toured the world.

17. P-Square – $13 Million [Nigeria]

Top 20 Richest Musicians in Nigeria
P-Square – $13 Million [Forbes]

P-Square is a Nigerian pop duo made up of identical twin brothers Peter and Paul Okoye, the twin brothers were born in the city of Enugu, Nigeria where they began their passion for music at an early age.

They are one of the most successful African acts to date as they have won several awards including two MTV Africa Music Awards, five Channel O Music Video Awards, and five The Headies Awards.

However, if we are talking about individual wealth, then Rudeboy would be worth $6.1 million while Mr. P is worth $5.2 million. Together, they have a net worth estimated to be over $13 million.

18. D’banj – $11 Million [Nigeria]

Top 20 Richest Musicians in Nigeria
D’banj – $11 Million [Forbes]

Here’s another Nigerian musician that this list will not be complete without. D’banj is one of the most brilliant musicians in Nigeria. Although D’banj is currently focused on his family than music, he has released some of the best Afro-Beat sounds the world has ever heard.

D’banj and his harmonica made some of the most iconic songs between 2005 and 2013. Today, D’banj still makes millions of Naira from his endorsement and investments. Even though his songs are not on the billboards right now, D’banj is a super talented musician.

19. Sarkodie – $11 Million [Ghana]

Richest Musicians In Africa Right Now [2023 Net Worth]
Sarkodie – $11 Million [Forbes]

Sarkodie is one of the most respected Ghanaian musicians of all time. When it comes to premium Ghanaian rap and hip hop, Sarkodie is the man on top. He is one of the most prominent Ghanaian musicians of all time.

Sarkness is a boss when it comes to hip hop in West Africa. His music has been featured on popular sites like MTV Base, Music Links, and worldwide beats. Sarkodie is by far the best musician in Ghana, beating the likes of Shatta Wale, Manifest, Stonebwoy, and Efya.

Sarkodie is also the ambassador for the youth, of Ghana.

Sarkodie is also the only Ghana songwriter and performing artiste to be ranked on Forbes as one of Africa’s Richest Artists. Currently, Sarkodie has taken a step back from music and is looking forward to creating a big happy family.

20. Phyno – $9 Million [Nigeria]

Top 20 Richest Musicians in Nigeria
Phyno – S9 Million [Forbes]

Bagging endorsement with Monster energy drink, Nairabet, Glo, and Hero extra stout, Phyno is ranked as one of the richest musicians in Africa. He also ranks as the richest Igbo rapper in Nigeria and one of the most energetic rappers in the country.

Chibuzor Azubuike is not just one of the finest Igbo rappers in Nigeria, he is also one of the most influential and phenomenal Nigerian musicians of all time. Phyno’s music will make you want to learn the Ibo language.

Other Nigerian artists that deserve to be on this list are Banky W, Timaya, Jidenna, Flavour, Burna Boy, M.I. Abaga, and Yemi Alade.

Although they are richer than some of the artists that I am about to list, we won’t be adding them for justice’s sake. You can read more about the richest Nigerian musicians here. We would also like to acknowledge other African superstars for the good works they do use their music.

21. Steve Hofmeyr – $7 Million [South Africa]

Richest Musicians In Africa Right Now [2023 Net Worth]
Steve Hofmeyr – $7 Million [Forbes]

Here’s another South African that most people would know. Steve Hofmeyr is a South African musician, actor, songwriter, and on-air presenter. He ranks as one of the wealthiest South African musicians of all time.

With a net worth of 117.9 million South African Rand, he is one of South Africa’s finest musicians. Steve Hofmeyr is also racist and a very controversial character who has had problems with his government, DSTV, wives, and local restaurants in South Africa. But South Africans love him that way.

Anyway, this multimillionaire is one of the respected South African artists and the most productive performing artist from SA. With a total net worth of $7 million, he stands as one of the richest African musicians of our generation.

22. Jose Chameleon – $6 Million [Uganda]

Richest Musicians In Africa Right Now [2023 Net Worth]
Jose Chameleon – $6 Million [Forbes]

Joseph Mayanja is the richest musician from East Africa. He is a superstar as far as music is concerned in the Eastern regions of Africa. Jose Chameleon is also one of the most talented East African musicians of all time. He makes most of his music in Swahili, Luganda, and English.

23. Tinashe – $6 Million [Zimbabwe/America]

Richest Musicians In Africa Right Now [2023 Net Worth]
Tinashe – $6 Million [Forbes]

Tinashe Jorgensen is a Zimbabwean American singer-dancer, songwriter, performing artist, fashion model, producer, and one of the wealthiest female songwriters in Africa. She is one of the most renowned musicians in Zimbabwe.

Born in Lexington, Kentucky, USA, Tinashe is not just one of the richest female musicians in Africa, she also ranks as one of the most influential in the Southern parts of Africa. 

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With a net worth that is a little over $6 million, Tinashe is one of Africa’s finest songwriters. Most of her music is usually based on love and heartbreak. But that notwithstanding, she makes some of the most elegant music in Africa.

24. Koffi Olomide – $6 Million [Congo]

Richest Musicians In Africa Right Now [2023 Net Worth]
Koffi Olomide – $6 Million [Forbes]

With a net worth reaching almost $7 million, Koffi Olomide is another rich African musician that deserves to be added to this list. Koffi has added so many innovative insights into African music.

With over two decades worth of experience in the industry, he was one of the most influential artists in Congo until he was accused of rape. 

25. Fally Ipupa – $5 Million [Congo]

Richest Musicians In Africa Right Now [2023 Net Worth]
Fally Ipupa – $5 Million [Forbes]

Just like Koffi Olomide, Fally Ipupa is another Congo musician that is making waves in his country. Despite the crisis in Congo, this guy seems to know how to live big.

If you were to compare him with any Nigerian artist, he would be in the same league as Don Jazzy, D’banj, Timaya, and 2Face. So say, this guy is a legend, and he currently has four albums, and the last one was dropped in 2018.

Filled with impeccable raw talent from God, Fally Ibupa creates some of the most sensational African tunes. You can’t create a list of the top 20 best musicians in Africa without adding this veteran to the list.

26. Diamond Platnumz – $5 Million [Tanzania]

Richest Musicians In Africa Right Now [2023 Net Worth]
Diamond Platnumz – $5 Million [Forbes]

Diamond Platnumz is another wealthy African musician that deserves a place on this list. His music is legendary and catchy, even though most of the lines are in his native tongue, you can sing along and dance to it.

As the CEO of Flashy Wasafi Music, Diamond Platnumz is creating some of the finest Afro Beat sounds in other parts of the world.

His eccentric Bongo tunes are popular even among non-Swahili. He is the only Tanzanian musician that was accredited by Forbes. These are the richest African musicians and their net worth.

9 thoughts on “Richest Musicians In Africa Right Now [2023 Net Worth]”

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