Top five richest musicians in Africa

 

1. Wizkid — US$27 million


1: Nigerian artist Wizkid is the wealthiest African musician as of 2024. With an estimated net worth of US$27 million, he is undoubtedly the most successful African artist of the last ten years. He has amassed considerable riches over the years. Unbelievably, Wizkid is the richest musician in Africa as of 2024. Since 2010, he has been amassing all of the wealth. Wizkid reportedly agreed to a US$350 000 one-year sponsorship agreement with Pepsi in 2012.



  1. Davido — US$25 million
Davido is a singer, songwriter, and record producer from Nigeria. His 2011 single "Dami Duro" became a national hit in Nigeria, and his highly anticipated 2012 debut album "Omo Baba Olowo" catapulted him to fame. According to THENET NG, Davido and MTN have inked a 30-million-naira sponsorship agreement. He inked a $1 million US contract with Ciroc vodka in 2015. Since then, he has landed numerous multi-million dollar contracts.


  1. Black Coffee — US$16 million

Black Coffee, whose real name is Nkosinathi Maphumulo, is not just a renowned musician from South Africa but also one of the esteemed musicians of whom Africa is currently proud.
Black Coffee has made music his primary source of money and fame, both inside and outside of South Africa. Because of this, he is thought to be the richest artist in South Africa, with a current net worth of almost $16 million.



  1. Sarkodie — US$13 million
The clothing line Sark by Yas was introduced on April 27, 2013, and Sarkodie is the owner of it. Accessories are available for men, women, and kids in this apparel brand. He was formally introduced at the University of Ghana, Legon, in 2012 as Samsung Electronics' brand ambassador. During the event, Samsung debuted the Samsung Galaxy Pocket and Chief Hero Phones, which included personalized wallpapers featuring Sarkodie and his signature. Additionally, consumers got the chance to download Sarkodie's unique music. As of 2024, he is the wealthiest artist in Ghana and among the wealthiest musicians in Africa.



  1. Don Jazzy — US$12,5 million
Michael Collins Ajereh, better known as Don Jazzy, is a well-known singer and producer. Remarkably, he ranks third among Nigeria's wealthiest musicians. Ajereh revealed the launch of Mavin Records, a new record label, on May 7, 2012. "I envision Mavin Records being the power house of music in Africa in the shortest amount of time," stated Ajereh. — Forbes

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