These Are The Top 10 Richest Musicians In Africa 2021!
These Are The Top 10 Richest Musicians In Africa 2021! The standard of measurement for being successful in the music industry globally is wealth and fame; some are fortunate to make the peak, while most are unfortunate and therefore frustrated in the journey of creating an imprint with their name in the hallmark of being among the richest musician in Africa. Below is the recent ranking of African richest musician by Forbes for the year 2021.
Youssou N’Dour
Youssou N’Dour is a Senegalese singer, songwriter, composer, occasional actor, businessman, and politician. 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 helped develop a style of popular Senegalese music known by all Senegambians as mbalax, a genre that has sacred origins in the Serer music njuup tradition and ndut initiation ceremonies. Youssou N’dour current net worth is estimated to be $145 Million according to Forbes which made him the wealthiest African musician.
Akon
Aliaune Damala Badara Akon Thiam also known as Akon, is a Senegalese-American singer, rapper, songwriter, record producer, entrepreneur, philanthropist and actor from New Jersey. He rose to prominence in 2004 following the release of “Locked Up” (featuring Styles P), the first single from his debut album Trouble (2004), followed by the second single “Lonely”. Furthermore, as a result of his meritorious contribution to the entertainment industry at large, he has appeared in remarkable national and international award nominations – notably been nominated for a total number of five times on the Grammy Award nominations list. Akon’s net worth is estimated to be $80 Million according to the 2021 Forbes list.
Black Coffee
Nkosinathi Innocent Maphumulo better known by his stage name Black Coffee, is a South African DJ, record producer, singer and songwriter. He began his career around 1994 and has released nine studio albums, as well as a live DVD. Maphumulo became prominent after participating in the 2004 Red Bull Music Academy that was held in Cape Town. In September 2015, he won the “Breakthrough DJ of the Year” award at the DJ Awards in Ibiza. As a musician, DJ, record producer, and the C.E.O. of his record label, Soulistic Music Record Label, the South African musician worth an estimated $60 million according to Forbes.
Wizkid
Ayodeji Ibrahim Balogun known professionally as Wizkid is a Nigerian singer and songwriter. One of Africa’s biggest artists, Wizkid is the most decorated Nigerian artist ever (the most decorated African artist internationally), and one of the most revolutionary Afro-pop artists of the modern era. He began recording music at the age of 11 and managed to release a collaborative album with the Glorious Five, a group he and a couple of his church friends formed. Wizkid signed a record deal with Empire Mates Entertainment (E.M.E) in 2009. Wizkid is the richest Nigerian musician and he is also the fourth richest musician in Africa, with an estimated net worth of $21 Million.
Davido
David Adedeji Adeleke popularly known as Davido, is a Nigerian-American singer, songwriter, and record producer. He is one of the most influential artists in Africa. Davido rose to fame after releasing “Dami Duro”, one of three songs that made the DMW Record boss a superstar, the second single from his debut studio album Omo Baba Olowo (2012). In 2012, Davido won the Next Rated award at The Headies. Between 2013 and 2015, he released a number of hit singles and in January 2016 signed a record deal with Sony Music. He then founded the record label Davido Music Worldwide (DMW), to which acts Dremo, Mayorkun, and Peruzzi have been signed. In July 2016, Davido signed a record deal with Sony’s RCA Records. Davido is estimated to be worth $20 Million.
DON JAZZY
Michael Collins Ajereh known professionally as Don Jazzy, is a Nigerian record producer, audio engineer, record executive, singer, songwriter, entrepreneur and philanthropist. He is the founder and the CEO of Mavin Records. Don Jazzy was co-owner of the defunct Mo’ Hits Records record label with Dbanj. On 7 May 2012, Don Jazzy announced a new record label, Mavin Records. He said, “I see Mavin Records being the power house of Music in Africa in the shortest possible time.” On 8 May 2012, he released an album featuring the artists signed to his label. The songs on the album included: Amarachi, Forever, Oma Ga, Take Banana and Chocolate, YOLO and the anthem I’m a MAVIN. Mavin records signed the vocalist, Tiwa Savage. Don jazzy built a social network platform called “Marvin League” to complement and market his label. He is estimated to be worth $18 Million.
Burna Boy
Damini Ebunoluwa Ogulu known professionally as Burna Boy, is a Nigerian singer, songwriter, rapper, and dancer. He is one of the biggest and most successful African artists. He rose to prominence in 2012 after releasing “Like to Party”, the lead single from his debut studio album L.I.F.E (2013). In 2017, Burna Boy signed with Bad Habit/Atlantic Records in the United States and Warner Music Group internationally. His third studio album Outside marked his major-label debut. In 2019, he won Best International Act at the 2019 BET Awards, and was announced as an Apple Music Up Next artist. His fourth studio album African Giant was released in July 2019; it won Album of the Year at the 2019 All Africa Music Awards and was nominated for Best World Music Album at the 62nd Annual Grammy Awards. He was awarded the African Artist of the year at the 2020 VGMA’s. In 2020, his album Twice as Tall was nominated for the same category at the 63rd Annual Grammy Awards, making him the first Nigerian with back-to-back nominations at the Grammys. In 2021, he won the award for Best World Music Album at the 63rd Annual Grammy Awards. Burna Boy’s net worth is estimated to be $17 Million.
2Baba
Innocent Ujah Idibia known by his stage name 2Baba, is a Nigerian singer, musician, songwriter, record producer, entrepreneur, philanthropist, humanitarian, and activist. Prior to July 2014, he went by the stage name 2face Idibia. He is one of the most decorated and successful Afro pop artists in Africa. 2Baba is the first winner of MTV Europe, Best African Act Award in 2015. In 2019, tubaba, in collaboration with other artistes like Cohbams and Timi Dakolo to release a song for the creation of awareness of the Rights of children. His net worth is estimated to be $16.5 Million.
Rudeboy
Paul Okoye who is better known as Rudeboy, is a Nigerian singer, songwriter and record producer. He rose to fame in the 2000s as a member of the P-Square duo with his identical twin brother Peter Okoye. After the disbandment of P-Square in 2017, both band members sought separate musical careers. Rudeboy released his debut solo tracks titled ‘Fire Fire’ and ‘Nkenji Keke’ in 2017. His song “Reason With Me” generated the highest views on Youtube in Africa in 2019. He is the founder of Fire Department Inc, a record label he established in 2019. He is estimated to be worth $16 Million.
Timaya
Inetimi Timaya Odon better known by his stage name Timaya, is a Nigerian singer and songwriter. He hails from Odi, Bayelsa state. He is the founder of DM Records Limited. 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. His second album Gift and Grace was released in 2008. Timaya sees his music as a “struggle and quest for a change in life,” having been inclined to “street hustles”at an early age of 14.” Meanwhile, he gained further visibility and international prominence through his third studio album De Rebirth—released in partnership with Black Body Entertainment—and its lead single “Plantain Boy”. He is estimated to be worth $12 Million.
