The 10 Richest Musicians In Africa 2021
When it comes to music, Africa is always remembered in the World. However, the richest musicians in Africa are those celebrities that are amazing or let us say are superfluous.
This list provided below is according to Forbes.
Besides, all these richest musicians in Africa are actually featured on the Forbes list.
In fact, they have ranked as the top richest musicians in Africa with their net worth in 2021.
If you are a Nigerian citizen, you will be glad to know that most of the top richest musicians in Nigeria are also on this list.
Looking at the list, you will see the likes of Burna Boy, Wizkid, Davido, and Don Jazzy representing the Nigerian music industry.
Moreover, they are no surprise to you that Akon is one of the richest musicians in Africa.
Nevertheless, most of his wealth is from endorsement deals and his own record label.
But we all know that he is not the only celebrity you will find in the top 10 richest musicians in Africa.
Top 10 Richest Musicians In Africa 2021
Here are the top 10 richest musicians in Africa and their net worth in 2021.
1. Youssou N’dour – Net Worth $145 Million
Youssou N’Dour is a singer, songwriter, actor, businessman and a politician from Senegal, he started singing since 1979.
However, he has been in the music industry for over four decades now and still making millions of dollars from his songs.
He has won several awards including Grammy award for (best contemporary world music album) for his CD Egypt in 2005.
The New York Times described his voice as an “arresting tenor, a supple weapon deployed with prophetic authority”.
Youssou N’Dour owns a television station, a record label, several restaurants and a fashion line called “Youssou N’Dour Seduction”.
On April 2012, Youssou N’Dour was appointed Monister of tourism and culture in Senegal.
Currently, Youssou has an estimated net worth of $145 Million
2. Akon – Net Worth $80 Million
Akon is a Senegalese-American singer, songwriter, record producer, entrepreneur, philanthropist, and actor.
However, he was born as Aliaume Damala Badara Akon Thiam on April 16, 1973, in St. Louis, Missouri, US.
Besides, Akon owned two records label which has signed the richest musicians like Lady Gaga and T-Pain.
In fact, he has been recorded that he received over 35 million sales on his songs and albums over the years.
Apart from that, Akon has also been a music record producer for Micheal Jackson and Snoop Dogg.
Moreover, he has also taken two places in the Billboard Hot 100 charts twice.
Akon also releases his song in different languages apart from English, most of the languages are Spanish, Tamil, and Hindi.
However, Akon has been nominated for Grammy Awards in five consecutive times.
In addition to that, Akon has been featured in the Guinness Book of World Records as the number one best selling artist for master ringtones in the world.
Currently, Akon’s net worth is estimated at 80 million dollars.
3. Black Coffee – Net Worth $60 Million
He was born as Nkosinathi Inno Maphumulo on 11 March 1976 in South Africa.
However, Black Coffee is a DJ, record producer and the owner of a record label called “Soulistic Music Record Label”.
Besides, he is the richest musician in Africa and the second richest musician in Africa.
Moreover, Black Coffee is not well known in Nigeria’s audience but is widely known internationally.
You will be glad to know that he has won many awards both nationally and internationally.
In fact, some of his awards include ” DJ Awards for Breakthrough DJ Of The Year ” in 2015.
Currently, Black Coffee’s net worth is estimated at 60 million dollars.
4. Wizkid – Net Worth $21 Million
Wizkid born as Ayodeji Ibrahim Balogun on 16 July 19900, in Surulere, Lagos, Nigeria.
However, He is a Nigerian singer and songwriter who started his music career at the age of 11 in a church choir.
During that time, he managed to release a collaborative album with the Glorious Five, a group he and a couple of his church friends formed.
Later in 2009, Wizkid was signed to Banky W record label called “Empire Mates Entertainment (E.M.E)”.
Moreover, Wizkid rose to the state of relative important after the release of a new single “Holla at Your Boy”.
After that, he founded a record label of his own called “Starboy Entertainment” in 2013.
In 2016, He started gaining international recognition after his collaboration single “One Dance” with Drake which top chart in 15 countries worldwide.
Apart from that, Wizkid has also been featured by Beyonce on the single “Brown Skin Girl”.
In 2018, Wizkid was featured in the Guinness World Records as the first Afrobeats artist from Africa.
Most of the endorsement deals that bring him more money are with MTN, Guinness, Glo, and Pepsi.
Currently, Wizkid net worth is estimated at 21 million dollars.
5. Davido – Net Worth $20 Million
Davido was born as David Adedeji Adeleke on November 21, 1992, in Atlanta, Georgia, US.
However, he is a Nigerian singer, songwriter, and record producer who owned the record label called “DMW Record”.
Apart from that, he has also been signed to another successful record label called “Sony Music Entertainment”.
He is also the co-owner of “HKN Music” another record label owned by Adewale Adeleke, who happens to be Davido brother.
However, he has also been a record producer for Naeto C, Skales, Tiwa Savage and Sauce Kid.
Besides, he has won many awards which include “Music Video of the Year” on Ben TV Awards and “African Artiste Of The Year” on Ghana Music Awards.
Even when Davido is from the wealthiest family, he has always claimed that all his wealth are from music and endorsement deal.
Some of the endorsement deals that really stand out for Davido are with MTN, Ifinix Mobile, and Guinness Nigeria.
Currently, Davido net worth is estimated at 20 million dollars.
6. Don Jazzy – Net Worth $18 -19.5 Million
Don jazzy is also one of the richest musicians in Africa who happens to drop from third to fifth position in 2020.
However, he was born as Michael Collins Ajereh on November 26, 1982, in Umuahia, Abia State. Nigeria.
Besides, he is a Nigerian record producer, singer, songwriter, actor, and entrepreneur.
He co-founded a record label called “Mo’Hits Records” with D-Banj in 2004.
But in 2012, he decided to start a new record label called “Mavin Records” where he has signed musicians like Tiwa Savage, Di’ Ja, Reekado Banks, and others.
Moreover, Don Jazzy has won awards as “Producer of the year” for four consecutive times.
Currently, Don Jazzy’s net worth is estimated at 18 to staggering 19 million dollars.
7. Burna Boy – Net Worth $17 Million
Burna Boy is a Nigerian professional singer and songwriter who started his musical career in 2010.
He became popular in the music industry after the release of his new hit title “Like to Party” in 2012.
However, the prominence single was included as part of his new Album L.I.F.E which was released in 2013.
He has won so many awards and even featured on Apple Music Up Next artist in 2019.
Many people think that Burna Boy is related to Fela Kuti – the King of Afro Beat.
Burna Boy is not yet married but currently dating “Stefflon Don” who is also a UK based songwriter and singer.
Burna Boy has an estimated net worth of $17 Million and we have also written about all his cars, worth, and house down on this page.
8. 2 Baba (2face) – Net Worth $16.5 Million
Innocent Ujah Idibia popularly known as 2Face Idibia or 2Baba is a famous Nigerian R&B singer, songwriter, stage performer recording artist, and entrepreneur.
While attending IMT in Enugu, he started composing songs and lyrics
However, 2face drop out from his academic to pursue a music career in 1996.
That was when he picked up the name “2 face” on his music tracks but uses “2baba” has a stage name.
On 2nd May 2012, 2Face Idibia got married to Annie Macaulay, a Nollywood actress and the couples are blessed with six beautiful children namely; Nino, Justin, Isabella, Ross and Innocent Idibia.
2Face Idibia has won several awards for the past two decdes in the music industry.
Currently, 2Baba has an estimated net worth of $16.5 million
9. RudeBoy – Net Worth $16 Million
Paul Okoye (aka Rudeboy or King Rudy) is a Nigerian singer, music composer, and producer who was born on the 18th of November 1981.
Although he was born in Jos, Plateau State, he is originally from Anambra State, Nigeria.
He was actually shot into the limelight as a member of the P-Square group which was made up of him and his twin brother.
Alongside his brother Peter, Paul Okoye had his secondary education at the St. Murrumba Secondary School in Jos, Plateau State.
Later on, they joined a Music and Drama School where they began to dance and perform songs produced by the likes of Michael Jackson, Bobby Brown, and more.
After a while, both Paul and his brother Peter gained admission to the University of Abuja.
This was where they finished their University education.
His hit single titled ‘Reason With Me’ became the song with the highest views on Youtube here in Africa (2019).
As a solo artist, Rudeboy is currently estimated to worth a whopping $16 Million Dollars.
10. Timaya – Net Worth $12 Million
Inetimi Timaya Odon (aka Timaya) is a Nigerian singer and music composer who was born on the 15th of August 1980.
Over the years in the music industry, Timaya has continued to remain relevant.
Inetimi Timaya Odon was born in Port Harcourt, Rivers State.
Although he was born in Rivers state, Timaya is originally from Bayelsa State, Nigeria.
He is from a large family of fifteen children, out of which he is the youngest.
Following the success of his debut single ‘Dem Mama’, Timaya decided to stick with K-Solo as his producer.
It was he who further recorded Seven songs for Timaya during his debut album project.
This album was released back in 2007, and it made waves all across the nation.