Top 10 Richest Musicians in Africa (2020)

Top 10 Richest Musicians in Africa (2020)

Richest Musicians in Africa

Who are the richest musicians in Africa? 

The list is mostly filled with afrobeat artists. Music as we all know is a huge goldmine with lots of money been made. Top artists garner lots of income through show performances and song sales. 

Some series of names on the richest musicians in Nigeria are also top rankers on this list. The continent of Africa has so many talented singers and rappers that their contributions will forever be remembered. 

Page Content 

 Musicians  Net Worths
 Jidenna  $1 million 
 Shatta Wale   $5 million 
 Tinashe  $6 million 
 Sarkodie $7 million 
 Burnaboy  $7.5 million 
 Davido $25 million 
 Wizkid  $25 million 
 Don Jazzy  $30 million 
 Black Coffee  $60 million 
 Akon  $80 million 

The Richest Musicians in Africa (2020)

10) Jidenna Net worth - $1 million 

Richest African Musicians - Jidenna

The Classic Man comes tenth on our list. His singing style is so unique and recently he has been trying to mix it up with the African style which seems really creative. Jidenna who is a Nigerian-American got popular after the release of "Classic Man" and "Yoga".

Jidenna co-founded the rap group Black Spadez when he was still in high school. The singer was working full-time as a teacher while pursuing his music career before he got signed by Wondaland Records. 

He released The Chief, his debut studio album on February 17, 2017 and it peaked at number 38 on the Billboard 200. "Classic Man" was nominated for Best Rap / song collaboration at the 58th Grammy Awards. 

Jidenna is one of the influential artists from Africa. As of 2020, jidenna's net worth is estimated at $1 million.

Read Also: The Richest Musicians in Nigeria

9) Shatta Wale Net Worth - $5 million 

Richest African Musicians - Shatta Wale

Formerly known as Bandana is the self acclaimed Dancehall King. He positions ninth on the list of richest musicians in Africa. Shatta Wale is one of the most popular musicians in Ghana. 

He was introduced to the Jamaican culture by his father. Shatta Wale was always listening to the reggae records his Dad played at home and continuously travelling with him to the UK to meet his relatives who were half Jamaican. 

His song "Moko Hoo" with Ghanaian rapper Tinny in 2004 gained him recognition and accolades. After the song Shatta Wale went off the music scene for almost a decade before his comeback in 2013 with a new name. He was on Etvs "Top 100 influential Ghanaians" and at number 38 on the list. 

The artist is the most awarded Dancehall artist in Africa. Shatta Wale's net worth is estimated at $5 million as of 2020.

8) Tinashe Net worth - $6 million 

Richest African Musicians - Tinashe

Tinashe is a very popular international artist. She is a citizen of both the United States and Zimbabwe. She was born in Lexington, Kentucky but moved to Los Angeles as a child to pursue a career in entertainment. 

Tinashe went solo again after the girls music group, The Stunners disbanded in 2011. Her debut single under RCA Records "2 On" reached number 24 on the Billboard Hot 100.

Prior to the release of her album "Songs for You" in November 2019, she had already departed RCA Records. Tinashe is currently under the record label of Jay Z, Roc Nation. As of 2020, Tinashe's net worth is estimated at $6 million. 

7) Sarkodie Net worth - $7 million 

Richest African Musicians - Sarkodie

The biggest rapper out of Ghana and one of the most influential artists to come out of Africa. The Tema born Sarkodie started his career as an underground rapper competing in Adom FM's Kasahare level. 

Sarkodie and American rapper Busta Rhymes performed at the Busta Rhymes Live in Ghana concert. His second studio album Rapperholic earned the rapper his first ever BET nomination and subsequently won. He performed "How Low" with Ludacris at the 020 Live concert in 2012.

He collaborated with Davido, Mi Casa, Tiwa Savage, Diamond Platnumz and Lola Rae on the song "Africa Rising" for DSTV. Sarkodie featured American rapper Ace Hood on his single "New Guy" in 2015.

The rapper on December 20th 2019 released his fifth studio album "Black Love". As of 2020, Sarkodie's net worth is estimated at $7 million making him the richest and only rapper on the list. 

6) Burnaboy Net Worth - $7.5 million 

Richest African Musicians - Burnaboy

The Giant of Africa is number six on our List. Burnaboy or Oluwa Burna as he is fondly called by some fans is one of the biggest artists out of Africa right now. 

The rate of success his album "African Giant" claimed was so unbelievable. The artist is so international with his songs currently streamed in various countries across Europe, America, Africa and more. He gained prominence when he released "Like to Party" off his debut album L.I.F.E which was also a pure success.

Burnaboy signed with Bad Habit / Atlantic Records in the United States and Warner Music Group internationally. Oluwa Burna announced as an Apple Music Up Next Artist and also won the 2019 BET awards for Best International Act.

His African Giant album which was released in July 2019 was nominated at the 62nd Annual Grammy Awards for Best World Music album. The artist is set to release a new album this summer. As of 2020, Burnaboy's net worth is estimated at $7.5 million.

Read Also: The Most Expensive Cars in the World

5) Davido Net Worth - $25 million

Richest African Musicians - Davido

Popularly called OBO by most of his fans is one of the richest musicians in Nigeria and also doubles up with the fifth position on the list. He became famous after the release of "Dami Duro" in 2012. It was the second single off his debut album Omo Baba Olowo in 2012.

Davido won the 2012 Headies for the category of Next Rated award. He is the owner of one of the biggest record labels in Nigeria Davido Music Worldwide (DMW). Lots of artists are signed to the label including Mayorkun, Dremo and Peruzzi. 

Davido in 2016 signed a record deal with Sony music. The both parties not until 2017 renegotiated the contract due to creative control issues. His song "Fall" is the longest-charting Nigerian song in Billboard History. 

A Good Time was released in November 2019 which is his second studio album. Foreign musicians such as Summer Walker, Chris Brown and Gunna were guests on the album. The singer is on the verge of releasing his third studio album A Better Time later in the summer. 

He is the fifth richest musician in Africa. As of 2020, Davido's net worth is estimated at $25 million. 

4) Wizkid Net worth - $25 million 

Richest African Musicians - Wizkid

The list wouldn't be complete without this name making an appearance. Wizkid is one of the global artists from Africa and really valued high internationally. At the age of 11 started recording songs and had a music group then called the Glorious Five.

Wizkid's recognition came when he released the single "Holla at Your Boy" off his debut album Superstar. Prior to the release, he has signed to Banky W's Empire Mates Entertainment (EME) in 2009. He was the first Nigerian artist to achieve over a million followers on his twitter account. 

The singer left the E.M.E label after his contract expired in 2013 and created his own label imprint StarBoy Entertainment the same year. Wizkid went international after his collaboration with Drake on "One Dance". The song reached number one in 15 countries and stayed number one on the Billboard Hot 100 for 10 non-consecutive weeks. 

He is the first afrobeat artists to appear in the 2018 Guiness world records for his contribution to One Dance. As of 2020, Wizkid's net worth is estimated at $25 million. 

3) Don Jazzy Net Worth - $30 million 

Richest African Musicians - Don Jazzy

The richest record producer in Nigeria and he is the third on the list. Don Jazzy is the founder of the Supreme Mavin Dynasty also known as Mavin Records. He set up the label shortly after the disbanded record label with Dbanj, Mo'hits Records. 

He found an interest in music at the early age of 12 and started playing the Bass guitar. For Jazzy has worked for very popular musicians. He provided vocal performances for Kanye West's song "Lift Off" with Beyonce on the 'Watch The Throne' album. In 2011 Kanye West employed Don Jazzy as a producer at Very Good Music Beatz. 

The likes of Tiwa Savage, Korede Bello, Di'ja and Reekado Banks were signed to Mavin records before many of them departed after contract expiration. The record label is currently frontlined by Rema and Crayon who are the talented youngsters doing well. As of 2020, Don Jazzy net worth is estimated at $30 million. 

2) Black Coffee Net worth - $60 million 

Richest African Musicians - Black Coffee

Black Coffee is the second richest musician in Africa and also the richest DJ and record producer. He hails from South Africa and gained prominence after participating in the 2004 Red Bull Music Academy held in Cape Town. His first big break was when his song "Happiness" was featured on the DJs at work album. 

He had become recognized in the South African DJ scene by 2007 with tribal, vocal-laced beats. In 2010, Black Coffee was inducted into the Guinness Book of World Records when he Djed 60 hours nonstop at Mapobya mall. As of 2020, Black Coffee's net worth is estimated at $60 million. 
1) Akon Net Worth - $80 million 

Richest African Musicians - Akon

The "lonely" singer is the richest artiste on the list. The Senegalese American rose to prominence in 2004 following the release of "Locked Up" off his debut album Trouble. Akon's style is widely accepted and loved a lot by fans. 

Akon is the founder of two successful record labels 'Konvict Muzik' and 'Kon Live Distribution'. He was born to a Muslim family in Missouri, USA. 

He released 'Lonely' in 2005 which released the top 5 on the Billboard Hot 100. Akon's second album Konvicted sold 286,000 copies on its first week of release and peaked at number 2 on the Billboard 200.

The singer achieved his first ever number #1 single on Billboard Hot 100 with "I Wanna Love You" which featured Snoop Dogg. 

Akon currently has a tourist city construction ongoing in Senegal. The city will be using a cryptocurrencey called Akoin as its currency. As of 2020, Akon's net worth is estimated at $80 million. 

Post a Comment

Previous Post Next Post