The African continent is filled with exciting music talents, many of which are already taking the global stage by storm. Such prominence comes with lots of financial benefits.
Many of these music superstars are making tons of money from sales of tickets, albums and online streaming platforms. Not just that, top brands are running after them to get them to appear on their products.
Our richest African musicians made their fortune through consistency, hard work and image-making
Many of these richest musicians in the African continent have won several awards not only in their country of origin but across other places on the planet. They have been featured many times on the list of richest musician in Africa Forbes. Our list features common names such as Davido, Wizkid and other ace artistes from Nigeria and other parts of Africa.
With such fat bank accounts, they can afford to live their life to the fullest and afford some of the best things in life. The garages of these music artistes are filled with some of the most expensive cars around. Enough of long talk!
I. Top 10 richest musicians in Africa
1. Akon - Net worth of $80 million (~₦30.4b)
Born on the 16th of April 1973, Aliaune Damala Badara Akon Thiam popularly known as Akon is a Senegalese-American singer, songwriter, producer, actor and a businessman. The award-winning artiste was reportedly born in St. Louis Missouri, United States.
Having two record labels to his belt, he has signed the likes of T-Pain and Lady Gaga. He is the richest musician in Africa. Akon’s net worth is estimated at around $80 million. From report, he was a record producer for legendary Michael Jackson, as well as Snoop Dogg.
Akon tops the list of the richest musician in Africa with an estimated net worth of $80 million
Akon has made more than thirty-five million from sales of his songs from album over the course of his career. The Missouri-born artiste rose to prominence after the release of his hit single ‘Locked Up’ from his 2004 debut album ‘trouble’.
He has released songs using multiple languages such as Tamil, Hindi, Spanish and English. He was nominated for Grammy awards for 5 times. He holds the Guinness World record for the best-selling artiste for masters’ ringtones.
The Senegalese music star parades several beautiful cars in his collection running into several millions such as Lamborghini Gallardo, Lamborghini Murcielago Roadster, Ferrari 458 Italia, Dartz Prombron SUV, Porsche Panamera, Audi R8, Spyker C8 Aileron and a Mercedes Benz SLR McLaren.
If you want to know more about Akon’s expensive lifestyles, houses and cars, we also have an article on this topic which has been earlier delivered to you.
2. Black Coffee - Net worth of $60 million (~₦22.8b)
Black Coffee with the real name Nkosinathi Inno Maphumulo is a South African Disc Jockey, record producer and the founder of the “Soulistic Music Record Label”. He was born on the 11th of March 1976. Interestingly, Black Coffee’s audience is all over the globe considering the little influence he has within Africa.
The award-winning DJ has won many reputable awards, one of which is the 2015 DJ Awards for Breakthrough DJ of the Year. His net worth is presently put at $60 million.
Black Coffee's car collection is quite impressive for an African Disk Jockey!
Black Coffee cars
Black Coffee is not only exquisite with his choice of sound, but with the cars he drives. The South African DJ reportedly drives a Bentley Continental GT, a Mercedes Benz Station Wagon, a Mercedes-Benz CLK and a Maserati model.
3. Davido – Net worth of $24 million (~₦9.1b)
David Adedeji Adeleke popularly known with the stage name ‘Davido’ is one of the most celebrated and richest musicians in Africa. He was born in Atlanta, Georgia in the United States on the 21st of November 1992.
While he is the owner of the DMW record label, the ‘If’ crooner was also signed to an international record label known as “Sony Music Entertainment”. Davido is also a partner in the HKN Music, a record label he shared ownership of with his brother Adeleke Adewale.
The DMW boss was born into one of the wealthiest families in Nigeria
Before he ventured fully into full-blown music artiste, the ‘O.B.O’ as he is fondly called by fans and friends was a record producer for the likes of Sauce Kid, Tiwa Savage, Skales and Naeto C.
He has won several local and international awards, with endorsements from top brands such as Infinix Mobile, MTN, Guinness Nigeria, and so on. Presently, his net worth is put at $24 million.
Davido has one of the most impressive car collections among Nigerian celebrities. That obviously extends to the African continent as well. There have been comparisons over the years between Davido and Wizkid. Well, here is your chance to find out who has the better collection of cars.
Davido’s garage is filled with exotic cars like 2019 Rolls-Royce Cullinan SUV, Bentley Bentayga SUV, Range Rover Sport, Mercedes-Benz GLE class 450, Porsche 911 Carrera, Mercedes-Benz G-Wagon, Toyota Land Cruiser, Porsche Panamera Turbo S, Audi R8 Coupe, Chevrolet Camaro and a Lamborghini Huracan he recently purchased.
4. Wizkid - Net worth of $20 million (~₦7.6b)
Ayodeji Ibrahim Balogun with the stage name Wizkid is a Nigerian singer and songwriter from Surulere in Lagos. He was born on the 16th of July 1990.
He started his music career at the early age of 11 with the church choir before he was signed into Empire Mates Entertainment, a record label owned by Banky W. The ‘Pakurumo’ crooner rose to prominence after the release of the hit single “Holla at Your Boy”.
Wizkid and Davido rivalry still goes what the duo owns in their car collection
Wizkid currently is the owner of Starboy Entertainment, a record label he founded in 2013. Wizkid is one of the most globally known Nigerian/African music artistes with collaboration with the likes of Drake and Beyoncé. He has several awards and 2 Grammy nominations to his name.
In 2018, Wizkid appeared in the Guinness World Record as the African first afrobeat artiste. He has signed endorsement deals with the likes of Tecno, Glo, Pepsi, MTN, Guinness, Puma and several others. His net worth is currently estimated at $20 million.
If there is one thing that is certainly public about Wizkid is his love for ‘suya’. He is a bit of a private person when it comes to flaunting his cars.
However, we were able to catch a glimpse of some of the luxury cars in Wizkid car collection. Wizkid owns a Lamborghini Urus, BMW X6 Crossover, Bentley Continental GT Speed Convertible, Porsche Cayenne, Mercedes-Benz G63 AMG, 2012 Mercedes-Benz Kompressor and Hyundai Sonata.
5. Don Jazzy - Net worth of $10 million (~₦3.8b)
Don Jazzy is no doubt in the top 20 richest musicians in Africa. His real name Michael Collins Ajereh is a famous Nigerian singer, record producer, actor and a businessman. He was born on the 26th of November 1982 in Umuahia, Abia State, Nigeria.
Don Jazzy is one of the most loved celebrities in Nigeria
Before he established his most recent record label Marvin Records in 2012, he was a part owner of “Mo’Hits Record” in 2004 with D-Banj. Don Jazzy has signed the likes of Tiwa Savage, Rema, Johnny Drille, Di’Ja and Reekado Banks into his record label.
From report, the ‘Dorobucci” crooner has scooped the Producer of the Year awards for a record 4 consecutive times. He is said to have a net worth of around $10 million.
Don Jazzy cars
Don Jazzy might want to go into comedy, considering how he has been cracking up his fans recently via his social media posts. He owns a Cadillac Escalade, a Bentley Continental Flying Spur, a Range Rover Sport and a Porsche 911 Carrera.
6. Banky W - Net worth of $9 million (~₦3.4b)
Banky W is no doubt one of the richest musicians in Nigeria. Born on March 27, 1981, with the real name Bankole Wellington, Banky W is a singer, songwriter, record producer, actor and a businessman. It was his EME record labels that brought the likes of Wizkid and Skales into the limelight. Most part of his recent income come from his multiple business ventures.
Banky W's 2008 Range Rover Sport recently caused an outburst online from a female fan
In 2018, the R&B star declared his intention to run for a political office under the auspice of a newly formed political party. His versatility has been the key to his success. His net worth is estimated at around $6 million.
Banky W cars
Banky W recently came under attack from a female fan who accused him of driving an old school Range Rover, not worthy of his status. Regardless, Banky W has presented himself as not the type who spends so much on luxury cars. He is said to own many cars he uses for Uber business. He has only been seen with his 2008 Range Rover Sport.
7. Timaya - Net worth of $8 million (~₦3.04b)
Inetimi Timaya Odon known for his stage name ‘Timaya’ is a Nigerian singer and songwriter. He was born on the 15th of August 1980 in Port Harcourt, Rivers State, Nigeria. He is the owner of DM Records Limited.
Timaya's car collection is obviously one of the best you will see on the continent
He is an award-winning music artiste who has been consistent in the industry over the years. His net worth is put around $8 million.
>>> Care to know the richest musician in Nigeria? Check out the Top 25 richest singers in Nigeria and their cars
Timaya is one of the many African artistes who love to spend a lot on cars and other luxury items. He is said to own many exotic cars in his garage such as Rolls-Royce Cullinan, Porsche 911 Carrera, Mercedes-Benz G55 AMG, Bentley Continental GT, Mercedes-Benz Maybach S650, 2 Range Rover Sports, Lexus LX570 and a Lexus GX460.
8. Sarkodie - Net worth of $7 million (~₦2.6b)
Born on July 10, 1985, in Tema, Ghana, Michael Owusu Ado, who is popularly known as Sarkodie, is a Ghanaian rapper and businessman. He owns the “Sarkcess Music” record label and fashion business “Sark Clothing”.
The award-winning rap act remains the only artiste from Ghana to secure a spot on our list richest musician in Africa. One of his many accolades is the "Vodafone Ghana Music Award for Artiste of the Decade”. His net worth is estimated at around $7 million.
The Ghanaian music star has an exquisite taste for fast and expensive cars
Sarkodie has collaborated with many top Nigerian music acts such as Banky W, Burna Boy, Tiwa Savage, Zlatan Ibile, 2baba, Davido and many others. He has signed endorsement deals with the lies of FanMilk and Samsung Electronics.
The Ghanian superstar owns a Range Rover Vogue, a Mercedes-Benz E Class Coupe, a Lamborghini Aventador, a Porsche Carrera, a Range Rover Sport, a Mercedes-Benz G63, a Rolls-Royce Phantom, a Toyota Land Cruiser, classic 1965 Mercedes-Benz W110, Dodge Nitro and a Ghana-made Kantanka Mensah. There is no denying that Sarkodie has quite an impressive car collection.
Meanwhile, pause and take a quick peek into the luxury houses owned by African celebrities. See the clip below:
9. Tinashe - Net worth of $6 million (~₦2.2b)
Born in Lexington, Kentucky, the United States on February 6, 1993, Tinashe Jorgensen Kachingwe is a singer, dancer, actress, record producer and songwriter. She is the only female on the list of the richest musicians in Africa. Tinashe is also the richest musician in Zimbabwe with an estimated net worth of $6 million.
The only female music act on our list has an enviable collection of cars running into millions
She began her career in 2000 where she was acting in children and animated films. She was also a member of “The Stunners”, a girl dancing and singer group from 2007 to 2011.
Tinashe has reportedly released many mix-tapes and songs that gave her entry into the Billboard 200 Chart and UK R&B Albums Chart. She is currently with the “RCA Records”, scooping awards such as “Music Artiste of the Year” in her home country.
The talented young female artiste isn’t going to allow the presence of many male figures in her line of business to push her aside when it comes to acquiring cars of high taste. Tinashe owns an Audi A5 Coupe, a Ferrari California, a Ferrari 458, a Mercedes-Benz E350 and a Chevrolet Suburban.
10. Jidenna - Net worth of $1 million (~₦381.2m)
Jidenna Theodore Mobisson popularly known as Jidenna was born on the 4th of May 1985 in Wisconsin, United States. He is reportedly an indigene of Edo State, Nigeria. Jidenna is a singer, rapper, record producer and a songwriter.
Jidenna is known to be a big fan of classic cars despite his quiet lifestyle
In 2016, he was nominated for Grammy award, which was a big statement to how successful his career has been. He stays on number 10 on our richest African musician with a net worth of $1 million. He is currently with the Janelle Monae’s Wondaland Records label, and his studio works are distributed by Epic Records.
>>> Read also: 10 Richest kids in Africa and their cars
Jidenna has always shown his love for vintage cars in many of his video songs but he is a bit private when it comes to what he drives. At a time, he was caught by paparazzi in a Honda Civic model but his car collection hasn’t been made public yet.
II. Recap table: List of top richest musicians in Africa
Let’s take you back to the list of richest musicians in the African continent. See the table for a quick reminder of their names, ranking and net worth.
|Ranking||Richest musicians in Africa||Net worth (₦)||Net worth ($)|
|1||Akon||₦30.4 billion||$80 million|
|2||Black Coffee||₦22.8 billion||$60 million|
|3||Davido||₦9.1 billion||$24 million|
|4||Wizkid||₦7.6 billion||$20 million|
|5||Don Jazzy||₦3.8 billion||$10 million|
|6||Banky W||₦3.4 billion||$9 million|
|7||Timaya||₦3.04 billion||$8 million|
|8||Sarkodie||₦2.6 billion||$7 million|
|9||Tinashe||₦2.2 billion||$6 million|
|10||Jidenna||₦381.2 million||$1 million|
There you have it! These individuals on our richest musicians in Africa list are on the face of African music. They are already spreading the uniqueness and beauty of African societies through their musical ingenuity and sound to the rest of the world. No doubt, the list is dominated by Nigerian music artistes. However, we will not be overly surprised if we see a new face on the list anytime soon considering the insane amount of money these African artistes are taking home from shows and endorsements.
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