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Top 10 Richest African Singers: Earnings and Achievements

Singer

Richest African Singers
18 Nov, 2024

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African music is known to connect cultures and captivate audiences around the globe. From the infectious rhythms of Afrobeats to the lyrical richness of hip-hop, African singers have amazed audiences with their vocal ability. They have not only solidified their position in the industry but have amassed good fortune. Along with vocal prowess, these singers have stretched their wings to other fields as well—from business deals and brand partnerships to charity work.

Curious about who is the richest African singer? This comprehensive guide has got you covered. Let’s take a closer look at the ten richest African singers, sharing their success stories, earnings, and more.

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List of Best Richest African Singers

1: Davido

Davido
An image credit example from a Billboard

Net Worth: $100 Million

Davido, a prominent Nigerian singer and songwriter, has amassed a fortune of $100 million through his successful music career and various business ventures. He rose to fame with hits like “Dami Duro” and “Fall,” securing his status in the Afrobeats genre.

As the co-founder of HKN Music, he has produced numerous chart-topping tracks and secured lucrative endorsement deals with brands such as MTN Nigeria and Infinix.

His 2019 album, A Good Time, received global recognition, further boosting his financial success. Along with his musical achievements, Davido has also made his name for his philanthropic efforts and activism, reinforcing his influence beyond the entertainment industry.

2: Black Coffee

Black Coffee
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Net Worth: $60 Million

Nkosinathi Innocent Maphumulo, known globally as Black Coffee, has cemented his place in the music industry with a net worth of $60 million. Being one of the richest African singers, his success comes from an illustrious career as a DJ, record producer, and songwriter.

Coffee’s signature blend of house music and African rhythms has earned him international recognition. Beyond music, he has invested in multiple properties in South Africa and the United States, expanding his financial portfolio.

3. AKA

AKA
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Net Worth: $15 Million

Kiernan Jarryd Forbes, widely recognized as AKA, is a prominent South African rapper with an estimated net worth of $15 million. He rose to fame with the hit “Victory Lap” from his debut album Alter Ego and has since diversified his income through music, brand endorsements, and entrepreneurial ventures.

One of his notable collaborations is with the vodka brand Cruz, for which he launched a watermelon-flavored drink bearing his initials. AKA’s luxury car collection includes high-end models such as the BMW i8, while endorsement deals with brands like Reebok also enhance his financial portfolio, making him one of the richest African singers.

4: Sarkodie

Sarkodie
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Net Worth: $13 Million

Sarkodie, born Michael Owusu Addo, is a renowned Ghanaian hip-hop artist and entrepreneur who has amassed an estimated fortune of $13 million as of 2024. He launched his clothing line, Sark by Yas, in 2013 and has secured numerous endorsements with major brands, including Samsung Electronics and Tigo Telecommunications.

Sarkodie’s music career took off after winning Adom FM’s rap competition, leading to the release of his debut album, Makye. Known for his philanthropic endeavors, he also boasts a luxurious car collection, featuring vehicles like a Rolls-Royce Phantom and a Mercedes-Benz S550, underscoring his success in music and business.

5: Cassper Nyovest

Cassper Nyovest
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Net Worth: $ 12 Million

Cassper Nyovest, a leading South African rapper and entrepreneur, holds an estimated net worth of $12 million as of 2024. His wealth originates from a thriving music career, highlighted by his debut album, Tsholofelo, and his record label, Family Tree Records.

Beyond music, Nyovest has secured lucrative endorsement deals, notably with Ciroc since 2017, and collaborations with major brands like MTN. His opulent lifestyle includes a lavish mansion and an impressive luxury car collection featuring a Bentley and a Rolls Royce, underscoring his status as one of Africa’s wealthiest musicians.

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6: Don Jazzy

Don Jazzy
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Net Worth: $10 Million

Don Jazzy, born Michael Collins Ajereh, is a prominent Nigerian record producer and entrepreneur with an estimated net worth of $10 million. He gained wealth through his successful music career as the founder and CEO of Mavin Records, which has produced numerous hit songs for top African artists.

Notably, Jazzy has worked with renowned musicians like D’banj and Tiwa Savage, significantly boosting his financial standing. With a strong influence in the music industry, his immense fortune reflects his entrepreneurial spirit and dedication to advancing African music.

7. Diamond Platnumz

Diamond Platnumz
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Net Worth: $10 Million

Diamond Platnumz, a Tanzanian music icon, has amassed a net worth of $10 million through a prolific career in music and business. As East Africa’s most celebrated artist, he founded the influential WCB Wasafi record label, which has nurtured talents like Harmonize and Rayvanny. His ventures extend beyond music with successful enterprises such as Wasafi Media and Wasafi Bet.

Known for his award-winning albums and high-profile collaborations, Diamond became the first African artist to reach one billion views on YouTube. He also represents major brands like Pepsi, Parimatch, and Coral Paints across Africa, further enhancing his prominence and financial success.

8. Tiwa Savage

Tiwa Savage
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Net Worth: $8 Million

Tiwa Savage, celebrated as the “Queen of Afrobeats,” has amassed a fortune of $8 million through her successful music career, endorsements, and investments. Her luxury assets include a lavish mansion in Lekki and an upscale apartment in London, reflecting her refined lifestyle.

Known for her taste in high-end vehicles, she owns a Rolls-Royce Phantom, Bentley Bentayga, and Range Rover Sport. Major endorsement deals with brands like Pepsi and Tecno, along with streaming revenue from her hit albums, have fueled her financial success.

Beyond her career, Tiwa is committed to philanthropy, supporting causes through her We Are Tired Foundation, which aids victims of sexual assault across Nigeria.

9. D’Banj

D’Banj
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Net Worth: $6 Million

D’Banj, widely known as the “Koko Master,” has built an impressive fortune of $6 million, positioning him among Africa’s wealthiest musicians. Internationally recognized for his hit Oliver Twist, he gained global traction and signed a notable deal with Sony Music Africa in 2012.

His wealth is further amplified through endorsements with major brands like Globacom, Beats by Dre, and Ciroc Nigeria. D’Banj’s luxury assets include a stylish home in Lagos and a collection of high-end vehicles, including an Aston Martin Vantage. His financial success is proof of his strategic brand partnerships and enduring influence in the music industry.

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10: Wizkid

Wizkid
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Net Worth: $4 Million

Wizkid, a prominent Nigerian singer and songwriter, holds a fortune of $4 million, reflecting his massive success in the Afrobeat genre. Rising to international fame through collaborations with global icons like Drake, Wizkid has expanded his influence far beyond Africa.

Wizkid’s early musical breakthrough came with the album Superstar, which earned him numerous awards and cemented his status in the music industry. Being one of the richest African singers, Wizkid’s continued success includes collaborations with stars like Chris Brown and Ty Dolla Sign, as well as endorsement deals with brands like Pepsi.

FAQs

Who are the top 10 richest African singers in the world?

The top 10 richest African singers in the world include:

  1. Davido
  2. Black Coffee
  3. Wizkid
  4. Don Jazzy
  5. Sarkodie
  6. Cassper Nyovest
  7. AKA
  8. Diamond Platnumz
  9. Tiwa Savage
  10. D’Banj

Who is considered the most successful African singer?

Davido is one of the most successful and influential African artists of the modern era.

Who is the richest African singer of all time?

Davido is widely regarded as the most successful African singer due to his significant net worth of $100 million and extensive global recognition.

How do the richest African singers make their money?

The richest African singers earn money through music sales, live performances, endorsements, and business ventures, such as record labels and clothing lines.

Which African singer is known for his philanthropic work?

Davido, Tiwa Savage, and Sarkodie are African singers known for their philanthropic work.