Top 20 richest musicians in Africa and their net worth in 2022 (+photos)

Top 20 richest musicians in Africa and their net worth in 2022 (+photos)

The African music scene has become a lucrative business in recent years. Today, artists release high-quality music and videos to capture the audience's attention. The richest musicians in Africa are known for releasing good music, and they rake in significant amounts of money from royalties, brand endorsements, music production, and other businesses.

who are the richest musicians in africa
A collage of some of the wealthiest artists in Africa. Photo: @Don Jazzy, @2 Face Idibia, @Akon, @Davido (modified by author)
Source: Facebook

How much are the richest musicians in Africa worth? Their worth is in the tune of millions of dollars. Most of them have multiple streams of income.

Richest musicians in Africa and their net worth in 2022

Who are the top 20 richest musicians in Africa in 2022? Read on to discover who they are, their nationalities, net worth, and ages.

20. Koffi Olomide - $5 million

top 20 richest musicians in africa in 2022
Koffi Olomide posing for a picture by a staircase. Photo: @Koffi Olomide
Source: Facebook
  • Real name: Antoine Christophe Agbepa Mumba
  • Date of birth: 13th July 1956
  • Age: 65 years (as of 2022)
  • Nationality: Congolese

Koffi Olomide is a Congolese singer with an estimated net worth of $5 million. He has been on the music scene since the 1970s and has released multiple albums. His work has earned him numerous awards. He has worked closely with other successful artists like Fally Ipupa and Ferre Gola.

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19. Jose Chameleone - $6 million

Who is the richest musician in Africa in 2022
Jose Chameleone in a white shirt. Photo: @Jose Chameleone
Source: Facebook
  • Real name: Joseph Mayanja
  • Date of birth: 30th April 1979
  • Age: 43 years (as of 2022)
  • Nationality: Ugandan

Who are the richest musicians in Africa? Jose Chameleone, a Ugandan singer with a net worth of $6 million, is one of them. He is known for his powerful voice. He started his music in the 1990s and was one of the first artists to be signed with Ogopa DJs in Kenya. His music blends the zouk, reggae, rhumba, and Ugandan folk music genres. Besides singing, he runs a music label called Leone Island Music Empire.

18. Diamond Platnumz - $7 million

Who is the richest musician in Africa in 2022
Diamond Platnumz in a yellow polka dot shirt and black pants. Photo: @Diamond Platnumz
Source: Facebook
  • Real name: Nasibu Abdul Juma Issack
  • Date of birth: 2nd October 1989
  • Age: 32 years (as of 2022)
  • Nationality: Tanzanian

Diamond Platnumz is a household name on the continent. He has released numerous songs and is the founder of WCB Wasafi Record Label. The Tanzanian musician has a net worth of $7 million, which he has made from his successful music career, brand endorsements, and music production.

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17. Banky W - $9 million

the richest musician in nigeria
Banky W in a maroon jacket. Photo: @Banky W
Source: Facebook
  • Real name: Olubankole Wellington
  • Date of birth: 27th March 1981
  • Age: 41 years (as of 2022)
  • Nationality: Nigerian

Banky W began his musical journey at a young age. His debut song, Ebute Metta, was an instant hit that paved way for the release of other jams. The 41-year-old artist has also signed multi-million endorsement deals, including being the face of Samsung in Nigeria. Today, he is worth about $9 million.

16. Mr. P - $9.8 million

top 10 richest musicians in nigeria
Mr. P during one of his stage performances. Photo: Peter Psquare
Source: Facebook
  • Real name: Peter Okoye
  • Date of birth: 18th November 1981
  • Age: 40 years (as of 2022)
  • Nationality: Nigeria

Peter Okoye, alias Mr. P, was one half of P-Square before the brothers embarked on solo careers. He is worth about $9.8 million in 2022. Most of his fortune is amassed from his successful singing career.

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15. Akothee - $10 million

who are the richest musicians in africa
Akothee posing for a picture in a t-shirt and sweatpants. Photo: @Akothee
Source: Facebook
  • Real name: Esther Akoth Kokeyo
  • Date of birth: 8th April 1981
  • Age: 41 years (as of 2022)
  • Nationality: Kenya

Akothee is the wealthiest female musician in East Africa, with a net worth of $10 million. Besides music, she is known for her business acumen. She is the founder and CEO of Akothee Safaris and Aknotela. Some of her most popular hits include Sweet Love featuring Diamond, Oyoyo featuring McGalaxy, New Dance featuring Oc, and Give It to Me featuring Flavour.

14. Don Jazzy - $10 million

top 10 richest musicians in nigeria
Don Jazzy posing for a picture in sweatpants. Photo: @Don Jazzy
Source: UGC
  • Real name: Michael Collins Ajereh
  • Date of birth: 26th November 1982
  • Age: 39 years (as of 2022)
  • Nationality: Nigerian

Don Jazzy is a renowned artist, record producer, and entrepreneur from Nigeria. He has a net worth of $10 million. In his career, he has worked with elite artists such as D'banj, Jay-Z, Ikechukwu, and Sauce Kid. He runs Mavin Records and has signed many brand endorsement deals.

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13. Davido - $10 million

the richest musician in nigeria
Davido posing for a picture in a colourful outfit. Photo:@Davido
Source: Facebook
  • Real name: David Adedeji Adeleke
  • Date of birth: 21st November 1992
  • Age: 29 years (as of 2022)
  • Nationality: Nigerian

Davido is one of the top 10 richest musicians in Nigeria, with an estimated net worth of $10 million. Besides singing, he is a record producer and songwriter. He rose to prominence in 2012 after releasing his debut album titled Omo Baba Olowo.

12. Flavour - $10.2 million

top 20 richest musicians in africa in 2022
Flavour posing for a picture in a brown shirt. Photo: @Flavour Nabania
Source: Facebook
  • Real name: Chinedu Izuchukwu Okoli
  • Date of birth: 23rd November 1983
  • Age: 38 years (as of 2022)
  • Nationality: Nigerian

Flavour is a Nigerian artist known for hit jams like Ada Ada, Time to Party, Awele, and Virtuous Woman. He has a net worth of $10.2 million, most of which is from his music and brand endorsement deals. The artist has won numerous awards throughout his career.

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11. Olamide - $10.5 million

top 20 richest musicians in africa in 2022
Olamide posing for a snap in his house. Photo: @Olamide
Source: Facebook
  • Real name: Olamide Adedeji
  • Date of birth: 15th March 1989
  • Age: 32 years (as of 2022)
  • Nationality: Nigerian

Olamide is a talented hip-hop artist, songwriter, and CEO of the YBNL Record Label. He is worth $10.5 million in 2022. His label has produced music for artists like Temi Ovwasa, Lil Kesh, Chinko Ekun, Picazo, and Adenkule Gold. Besides music, Olamide has promoted high-profile Nigerian companies, including Cîroc, iTel Mobile, Globacom, and Guinness.

10. Shatta Wale - $11 million

top 10 richest musicians in africa
Shatta Wale posing for a picture in a blue jacket and white pants. Photo: @Shatta Wale
Source: Facebook
  • Real name: Charles Nii Armah Mensah Jr
  • Date of birth: 17th October 1984
  • Age: 37 years (as of 2022)
  • Nationality: Ghanaian

Shatta Wale is one of Ghana's top musicians in 2022. He has an estimated net worth of $11 million. He is the CEO of the Shatta Movement and has a successful solo music career. Some of his popular tracks are Kakai, Melissa, 1 Don, Ayoo, Taking Over, and Hajia Bintu.

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9. D'banj – $11 million

top 10 richest musicians in africa
D'banj pictured in a blue and white outfit. Photo: @D'banj
Source: Instagram
  • Real name: Oladapo Daniel Oyebanjo
  • Date of birth: 9th June 1980
  • Age: 41 years (as of 2022)
  • Nationality: Nigerian

Oladapo Daniel Oyebanjo, alias D'banj, is a Nigerian artist with a net worth of $11 million. He is a TV personality, singer, songwriter, rapper, and entrepreneur. His decorated music career has seen him win several awards, including the Artist of the Year at the 2009 MTV Africa Music Awards. Away from the music scene, D'banj owns a chain of high-end clubs and lounges.

8. Sarkodie - $15 million

top 20 richest musicians in africa in 2022
Sarkodie pictured in a black outfit. Photo: @Sarkodie
Source: Facebook
  • Real name: Michael Owusu Addo
  • Date of birth: 10th July 1988
  • Age: 33 years (as of 2022)
  • Nationality: Ghanaian

Sarkodie is a celebrated Ghanaian musician with a net worth of $15 million. The award-winning rapper, singer, and entrepreneur has made a lasting impact on the African music industry. He has signed several endorsement deals with Tigo Telecommunications, Samsung, and the Year of Return campaign.

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7. Rudeboy - $15 million

who is the richest musician in africa in 2022
Rudeboy pictured in a black school. Photo: @Rudeboy
Source: Facebook
  • Real name: Paul Okoye
  • Date of birth: 18th November 1981
  • Age: 40 years (as of 2022)
  • Nationality: Nigerian

Paul Okoye, alias Rudeboy, was part of the now-defunct music duo, P-Square. He has a net worth of $15 million. He started his solo career after parting ways with his brother, Peter Okoye, alias Mr. P. He has released several hit songs, including Reason With Me, Woman, and Ayoyo.

6. Fally Ipupa - $17 million

who are the richest musicians in africa
Fally Ipupa posing for a picture in a black outfit and a white cap. Photo: @Fally Ipupa
Source: Facebook
  • Real name: Fally Ipupa N'simba
  • Date of birth: 14th December 1977
  • Age: 44 years (as of 2022)
  • Nationality: Congolese

Fally Ipupa, a Congolese artist with a net worth of $17 million, is a multi-award winning artist. Before venturing into his solo career, he was part of Koffi Olomide's Quartier Latin International orchestra. His debut album, Droit Chenim, was a massive success and contributed significantly to his fame and wealth.

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5. Burna Boy - $17 million

richest musician in nigeria
Burna Boy pictured in a white shirt and layered pants. Photo: @Burna Boy
Source: Facebook
  • Real name: Damini Ebunoluwa Ogulu
  • Date of birth: 2nd July 1991
  • Age: 30 years (as of 2022)
  • Nationality: Nigerian

Burna Boy, a young dancer, rapper, songwriter, and singer from Nigeria, is one of the top 10 richest musicians in Africa. He has an estimated net worth of $17 million. In 2021, he won the Best World Music Album award at the 63rd Annual Grammy Awards. Some of his hit tracks are On The Low, Bank On It, Gbona, Second Sermon, and Yaba Buluku.

4. 2 Face Idibia - $22.2 million

who is the richest musician in nigeria
2 Face Idibia posing for a pictured in a checkered shirt. Photo: @2 Face Idibia
Source: Facebook
  • Real name: Innocent Ujah Idibia
  • Date of birth: 18th September 1975
  • Age: 46 years (as of 2022)
  • Nationality: Nigerian

2 Face Idibia is also known as 2Baba. The Nigerian music artist, record producer, and actor has an estimated net worth of $22.2 million. He started his music career as part of the now-defunct group Plantashun Boyz and is now ranked as the richest musician in Nigeria. His big break as a solo artist came in 2006 when he released the famous track African Queen.

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3. Black Coffee - $60 million

top 10 richest musicians in africa
Black Coffee dressed up in a suit at a past event. Photo: @Black Coffee
Source: Facebook
  • Real name: Nkosinathi Innocent Sizwe Maphumulo
  • Date of birth: 11th March 1976
  • Age: 46 years (as of 2022)
  • Nationality: South African

Black Coffee is a South African DJ, record producer, songwriter, and singer with a net worth of $60 million. He has released seven music albums and has won multiple awards. Besides music, he has made money by signing numerous endorsement contracts with reputable companies, including AXE South Africa.

2. Akon - $60 million

who are the richest musicians in africa
Akon pictured in a black and red outfit. Photo: @Akon
Source: Facebook
  • Real name: Aliaune Damala Badara Akon Thiam
  • Date of birth: 16th April 1973
  • Age: 49 years (as of 2022)
  • Nationality: Senegalese-American

Akon is a Senegalese-American musician, record producer, actor, songwriter, and television producer. His net worth is about $60 million and is recognised as one of the most influential figures in the entertainment industry.

1. Youssou N'Dour - $145 million

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top 10 richest musicians in africa
Youssou N'Dour smiling for a picture in a grey jacket and navy blue shirt. Photo: @Youssou N'Dour
Source: Facebook
  • Real name: Youssou Madjiguéne Ndour
  • Date of birth: 1st October 1959
  • Age: 62 years (as of 2022)
  • Nationality: Senegalese

Who is the richest musician in Africa in 2022? Youssou N'Dour, a Senegalese artist, is the wealthiest, with an estimated net worth of $145 million. The singer, composer, and songwriter has released many hit songs. He also served in the Senegalese Ministry of Tourism between 2012 and 2013.

Recap of the richest musicians in Africa and their net worth in 2022

  1. Youssou N'Dour - $145 million
  2. Akon - $60 million
  3. Black Coffee - $60 million
  4. 2 Face Idibia - $22.2 million
  5. Burna Boy - $17 million
  6. Fally Ipupa - $17 million
  7. Rudeboy - $15 million
  8. Sarkodie - $15 million
  9. D'banj – $11 million
  10. Shatta Wale - $11 million
  11. Olamide - $10.5 million
  12. Flavour - $10.2 million
  13. Davido - $10 million
  14. Don Jazzy - $10 million
  15. Akothee - $10 million
  16. Mr. P - $9.8 million
  17. Banky W - $9 million
  18. Diamond Platnumz - $7 million
  19. Jose Chameleone - $6 million
  20. Koffi Olomide - $5 million

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Who is the richest man in Africa?

Aliko Dangote is the wealthiest man on the continent. He has a net worth of $15 billion.

Who is the richest musician in East Africa?

The wealthiest artist in East Africa is Akothee, with an estimated net worth of $10 million.

Who is the richest musician in Kenya?

Akothee, a female artist and entrepreneur, is the wealthiest artist in East Africa.

Who is the richest musician in Nigeria?

The richest musician in Nigeria is 2 Face Idibia, with a net worth of $22.2 million.

How much is Wizkid worth in 2022?

Wizkid's net worth in 2022 is $4 million.

The richest musicians in Africa have attained their financial status from multiple streams, including successful music careers, brand endorsements, and business ventures. Their impact on the music industry is indisputable.

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Legit.ng recently published a list of the richest Nollywood actresses. The Nigerian film industry has many beautiful and talented actresses who have starred in numerous movies and series.

Their hard work has earned them financial success. The list includes Mercy Johnson, Chioma Chukwuka, Rita Dominic, Omotola Jalade Ekeinde, Funke Akindele, Genevieve Nnaji, and Ibinabo Fiberesima.

Source: Legit.ng

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