Meet The 10 Richest Musicians In Africa 2024

With the list of the richest musicians in Africa being published annually, this sends a message to top and upcoming musicians to work hard. Music is one of the popular entertainments enjoyed by almost every individual across the world.

Music has gone beyond entertainment but becomes a source of livelihood for many. Africa’s music industry is very lucrative with numerous music artists enjoying not just the fame that comes with it but also the wealth they enjoy.

Music artists are loved because of their lyrical and musical skill which appeals to many people who become their fans and followers.

Interestingly, many musicians have made fortune from music which makes them afford and live a luxurious life. Therefore, we have decided to limit our discussion to the richest musicians in Africa today.

The 10 Richest Musicians In Africa

Here’s the list of the top 10 wealthiest musicians in Africa:

#1. Youssou N’Dor- Net Worth: $145 Million

• Country: Senegal

Opening the ranking is a Senegalese with the name Youssou N’Dor, a veteran singer who is also considered to be Senegalese most famous living singer. Youssou is said to be the originator of the Mbalax music style and is rated among the most successful singers in the world. He was not limited to music alone but also featured in the movie Amazing Grace in 2006 and was a one-time minister of Tourism for Senegal.

#2. Akon- Net Worth: $80 Million

• Country: Senegal

The second musician on our list of richest musicians in Africa is none other but Akon who has consistently ranked on this list for a very long time. The music artist, songwriter, and record producer have produced several albums to his name some of which are rated among the top 100 hot billboard songs. Akon also earns from endorsement deals aside from album sales and has won several awards as well.

Recently, this veteran singer commences a project he called Akon City, a city that is planned to live at the expense of its own, having its own currency, electricity and any occupant of this city will have everything running without the need for it external help. This is one of the dreams Akon is planning to actualize before the end of 2050.

#3. Black Coffee- Net Worth: $60 Million

• Country: South Africa

Black Coffee has built for himself a reputation in South Africa and Africa at large revered as a legendary musician. Black Coffee is not just a music artist but a DJ, record producer who owns Soulistic Music Record Label, his record label. Music has been the main contributor to his wealth which earned him the third spot on our ranking.

#5. Wizkid Net Worth: $40 Million

• Country: Nigeria

Wizkid who goes by the name Ayodeji Ibrahim Balogun is another Nigerian musician on the list currently doing well both musically and financially coming in at the 5th spot on our list. Wizkid’s music career dates back to when he was in his church choir at age 11 but came to the limelight in 2009 when he released the hit single “Holla at Your Boy”. He has since then released several other singles and albums through which the talented music artist has made a fortune for himself.

He is an ambassador to many brands in Africa, a Grammy award winner and also he has won different awards outside Nigeria to Africa shore at large.

#4. Davido- Net Worth: $35 Million

• Country: Nigeria

David Adedeji Adeleke popularly known as Davido is also one of the rich music artists in Africa. The pop star music artist became prominent in the Nigerian music industry with his hit single “Dami Duro” in 2011 and has since then become unstoppable having gone on to amass a huge fortune through music and won numerous awards both locally and internationally. Also, this songwriter and record producer is the owner of DMW Record.

He is an ambassador to many brands in Africa, he has also won different awards outside Nigeria to Africa shore at large. Davido has also featured different international Artists, perform at international events, and many more.

#6. Don Jazzy- Net Worth: $17.5 Million

• Country: Nigeria

Don Jazzy is more of a songwriter, recording producer than a singer however, he is not left out among the richest musicians in Africa. He is the CEO of Marvin Records which houses numerous talented artists including Tiwa Savage, Reekado Banks, Di’ja among others. He has won several awards most of which fall under the Best Producer of the Year category. More so, he has worked with numerous famous artists both international and local.

#7. BurnaBoy- Net Worth: $17 Million

• Country: Nigeria

Burnaboy fondly known as Oluwaburna is one of the leading Nigerian musicians whose music is inspirational and has cut across the shore of Africa to the entire world. He recently bagged another Grammy award for himself placing him on the list of Nigerian Hip Hop Artists who has Grammy Awards.

He rose from dust to fame quickly when he dropped his album pattern in Fela Anikulapo style. He is said to be the current hottest hip-hop artist in Nigeria and Africa as a whole. be rest assured to find him on the top list if he is consistent with the current speed.

#8. TuFace Idibia (2baba)- Net Worth: $16.5 Million

• Country: Nigeria

2Face is one of the most respected and loved artists in and around Africa. Also, he is one of the music artists who has for over one decade remained consistent in the music industry. Tuface came to the limelight with his hit single “African Queen” which was widely listen to by millions of fans within and outside Nigeria.

The sensational singer is also a CEO who owns his record label “Hypertek Digital Entertainment”.

#9. Rudeboy (Paul Okoye) – Net Worth: $16 Million

• Country: Nigeria

We all know the Psquares back then when the duo runs things together, however, after the music Giants from Africa went their separate ways, Paul Okoye known as Rudeboy rose back and came the 9th on the list of Richest African Musicians.

He is known to be the dancer who dances like Micheal Jackson, he is a singer and he seldomly acts. Today, the duo are back together and has been attending various musical tours all over the world.

#10. Timaya- Net Worth: $12 Million

• Country: Nigeria

The Egberi papa 1 of Bayelsa is the 10 Richest Artist in Africa on this list. he is known to have risen from dust to fame, he has a humble background and this has helped Timaya keep the grind to stay afloat in this music game.

He has sung across Africa, release several heart-tickling albums, won several awards for himself and his record label.

Read Also: The 15 Richest Singers In History – [Forbes Generated List]

Conclusion

This list is dynamic and it changes from time to time that is why you may not find some of your anticipated music artists on the Richest Musicians in Africa because someone who is on this ranking today may not tomorrow. More so, from the list, you can see that the majority of music artists on this list are Nigerians which means that Nigeria produced the highest number of richest music artists in the continent.