This article covers the top 20 richest musicians in Africa 2024 and their net worth. This list is compiled according to the latest Forbes rankings.
Africa’s music in the past decade has grown in leaps and bounds. The advent of streaming platforms and the commercialization of the craft has positioned African musicians as highly sought-after.
The projection of the Afrobeat genre and the distinctive vibe that is associated with songs produced by musicians on the continent is quite praiseworthy. Well, this growth also came with a substantial accumulation of wealth.
In today’s edition, we bring you 20 African Musicians who are the richest on the continent for the year 2022. If you look at top African musicians net worth, you will agree that singers with African descent rank fairly alongside their counterparts from across the world.
Their high-end properties, sparky cars, and executive lifestyles speak volumes, leaving a high-class impression among their fans. It is no doubt that Africans draw a lot of inspiration and are supportive of their talents in art.
Forbes list identifies western and southern parts of Africa as the hotpots of great music genres. Countries such as South Africa and Nigeria rank high on the list, having many top-earning artists.
Now, let’s get to know them.
Top 20 Richest Musicians In Africa 2024 and Their Net Worth
1.Youssou N’Dour
At age 60, the Senegalese legendary musician Youssou N’Dour is the richest musician in Africa in 2021 with an estimated net worth between $145 million and $150 million.
2. Akon
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At age 47, Senegalese singer Aliaune Damala Badara Akon Thiam, also widely known as Akon, is the second richest musician in Africa in 2021 with an estimated net worth of $80 million.
3. Black Coffee
At age 44, South African singer Nkosinathi Innocent Maphumulo, better known by his stage name Black Coffee, is the third richest musician in Africa in 2021 with an estimated net worth of $60 million.
4. Don Jazzy
At age 48, Nigerian record producer Michael Collins Ajereh, known professionally as Don Jazzy, is the fourth on the list of the richest musician in Africa in 2021 with an estimated net worth of $30 million.
5. Wizkid
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At age 30, Ayodeji Ibrahim Balogun, known professionally as Wizkid, is the fifth richest musician in Africa in 2021 with an estimated net worth of $20 million.
6. Rudeboy
At age 39, Nigerian singer and former member of famed-duo group PSquare Paul Okoye aka Rudeboy is the sixth richest musician in Africa in 2021 with an estimated net worth of $16.1 million.
7. Davido
At age 28, Nigerian singer David Adedeji Adeleke, popularly known as Davido, is the seventh richest musician in Africa in 2021 with an estimated net worth of $16 million.
8. Mr P
At age 39, Nigerian singer and former member of famed-duo group Psquare Peter Okoye aka Mr P is the eighth richest musician in Africa in 2021 with an estimated net worth of $15.2 million.
9. 2Face Idibia aka 2Baba
At age 45, Nigerian singer Innocent Ujah Idibia, known by his stage name 2Baba, is the ninth richest musician in Africa in 2021 with an estimated net worth of $15 million.
10. D’Banj
At age 40, Nigerian singer Oladapo Daniel Oyebanjo, better known by his stage name D’banj, is the 10th richest musician in Africa in 2021 with an estimated net worth of $11 million.
11. Banky W
At age 39, Nigerian singer Olubankole Wellington, popularly known by his stage name Banky W is the eleventh richest musician in Africa in 2021 with an estimated net worth of $8 million.
12. Sarkodie
At age 35, Ghanaian rapper Michael Owusu Addo known professionally as Sarkodie is the 13th richest musician in Africa in 2021 with an estimated net worth of $7.5 million.
13. Flavour
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At age 37, Nigerian singer Chinedu Okoli, better known by his stage name Flavour N’abania or simply Flavour, is the thirteenth richest musician in Africa in 2021 with an estimated net worth of $7 million.
14. Jidenna
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At age 35, Nigerian-American rapper and singer Jidenna Theodore Mobisson, better known as Jidenna, is the fourteenth richest African musician in 2021 with a net worth of $7 million.
15. Tiwa Savage
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At age 40, Nigerian singer Tiwatope Savage, known professionally as Tiwa Savage, is the fifteenth richest in Africa in 2021 with an estimated net worth of $7 million.
Other musicians on the list are:
16, Jose Chameleon (Uganda) — $6 million
17, Tinashe (Zimbabwe) — $6 million
18, Koffi Olomide (Congo) — $5 million
19, Fally Ipupa (Congo) — $5 million
20, Diamond Platinumz (Tanzania) — $5 million