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Top 10 richest musicians in Africa in 2021

Ernest Sunday
By Ernest Sunday

Freelance sports writer with great passion for football, Academic content writer and Lifestyle Blogger

A full review of the top 10 richest musicians in Africa in 2021. This list of the top richest musicians in Africa comprises their net worth and some assets

complete list of top richest musicians in Africa in 2021

African music industries are one of the most rising music industries globally due to the increased number of talented musicians from different parts of Africa working hard to bring out the best songs.

They have made African music inherited from the best old African musicians more advanced, reigning globally. Presently, African musicians compete with other musicians worldwide and have won some of the world's grammy awards.

These musicians have released so many amazing songs of different types that are played around Africa and worldwide. These musicians have also earned so much money from their music career to become one of the richest musicians in their various African countries.

They have also gone to become the richest musicians in Africa with substantial net worths. In this article, we have compiled the list of the top richest musicians in Africa in 2021.

Below are the top 10 richest musicians in Africa in 2021 and their net worth. This list of richest musicians in Africa in 2021 covers only African musicians who are currently active in different African music industries.

Top 10 richest musicians in Africa in 2021

  1. Black Coffee - $60 million
  2. Wizkid - $21 million
  3. Davido - $20 million
  4. Don Jazzy - $18 million
  5. Burna Boy - $17 million
  6. 2Face Idibia - $16.5 million
  7. Ruda Boy - $16 million
  8. Timaya - $12 million
  9. Olamide - $12 million
  10. Mr P - $11 million

1.0 Black Coffee - Net worth of $60 million

Black Coffee is the richest musician among the top 10 richest musicians in Africa in 2021, with a net worth of $60 million. Nkosinathi Innocent Sizwe Maphumulo, popularly known by stage name Black Coffee, is a South African musician.

The famous musician is a Dj, record producer, singer and songwriter. He has won some awards in DJ work, including the Breakthrough DJ of the Year award at the DJ Awards.

South African musician Black Coffee is the richest musician in Africa in 2021

Black Coffee has released nine studio albums since he joined the South African music industry in 1994. These songs have helped him earn so much money to become the richest musician in Africa in 2021.

Balck Coffee was born on March 11 1976, in Umlazi, South Africa. He once suffered an injury in his left hand while celebrating the return of former South Africa President Nelson Mandela.

He started his music career at the Durban University of Technology before becoming a backup singer for South African musician Madala Kunene.

Black Coffee released his first song with Hugh Masekela in a remix Stimela. The first song that made him famous was "Happiness.".

The famous African musician has many awards that earned him money to become the richest musician in Africa, including 2015 Breakthrough DJ of the Year, SAMA's Best Dance Album, Album of the Year, Best Engineered Album International Recognition.

Other awards include BET Award's Best International Act: Africa, DJ Awards' Best Deep House DJ, Best International Producer, Best International DJ, SAMA's Album of the Year, Male Artist of the Year and Best Dance Album.

Black Coffee owns a record label Soulistic Music where he produced all his nine albums.

Black Coffee has one of the best car collections African musicians

Black Coffee car collections and houses

Being the richest musician in Africa, Coffee has acquired the best choice of luxury properties. Someone with such an amount of net worth would want to lay their hand on one of the most expensive properties in the world.

Black Coffee has two beautiful mansions, one in Los Angeles, United States and the other in his country South Africa. His house in South Africa is believed to be worth $400,000.

Coming to Black Coffee's car collections, he has acquired one of the world's most expensive and beautiful cars. The famous musician is a fan of  Mercedes and has acquired two expensive Mercedes cars worth $40,000 each, including Mercedes-Benz Station Wagon and  Mercedes-Benz CLK.

The  Mercedes cars owned by Black Coffee is not his most expensive car as he also has Bentley GT Continental worth $100,000 and A Maserati worth $50,000.

2.0 Wizkid - Net worth of $21 Million

Wizkid is the second richest musician in Africa among the top ten richest musicians in Africa in 2021.  Wizkid's net worth is estimated at 21 million U.S dollars in 2021.

Apart from singing, Wizkid also secured many endorsements deals with MTN Nigeria and GLO (which paid him over $240,000 million to become their ambassador).

Top Nigerian Singer and Song Writer Wizkid (Ayodeji Ibrahim Balogun) has gained so much popularity in the whole of Africa and world

Just last year, 2020, the singer secured an endorsement deal with the mobile technology company Tecno and another deal with the international sportswear brand Puma.

The famous musician also increased his net worth when he secured multi-million deals with Pepsi and Guinness that brought him more money on the table.

In July 2019, the talented singer added more to his net worth after confirming a mega-deal signing for United Bank for Africa (UBA) as their brand ambassador.

His music and endorsements have helped him become the second richest musician in Africa in 2021.

Singer Ayodeji Ibrahim Balogun proudly known as Wizkid is a singer and songwriter. Wizkid began his musical carrier at the age of 11 in a local church near his home. Back then, he joined a local band called the Glorious Five.

Wizkid released an album at the age of 11 in collaboration with the group Glorious Five.

He later met OJB Jezreel during his struggling days, and he became his mentor. He then started visiting Jezreel’s studio, watching and learning from the recordings by artists like 2 Face Idibia and Sound Sultan.

Wizkid then joined Empire Mates Entertainment (E.M.E) in 2009, and from there, his career in the music Industry kick-started.

Born on the 16th of July, 1990, in Surulere, Lagos, Wizkid was the first Nigerian musician to be recognised in the Guinness Book of World Record for the most played song on Spotify.

This is as a result of the song he did with Drake titled “One Dance”. In 2020, the 'star boy' had released the music album, 'Made in Lagos' featuring interesting tracks like 'Reckless', 'Ginger' and 'Essence', which made it to Barack Obama's list of favourite songs essence.

Wizkid is the founder of 'Starboy Entertainment'. He is a perfect example of a singer who has gone from below the ladder to the top.

Hopper ranks Wizkid number 37 in its list of Instagram Rich Celebrities 2020, with each of his posts estimated to cost $57,300.

According to the 2020 Forbes list, Wizkid is one of the richest Nigerian musicians with a $20 Million networth. Still, a year after, Wizkid is rated the top richest musician in Nigeria in 2021.

Wizkid posses with one of his cars

Wizkid's car collections and houses

Wizkid has a luxurious mansion in Surulere worth about $26,000 million and another one located in the United States, Los Angeles, to be specific. Among Wizkid's car collections are:

  1. BMW X6 crossover ($17,400)
  2. Porsche Panamera ($101,600)
  3. Lamborghini Urus ($160,000)
  4. Used Mercedes Benz G63 AMG ($110,000 – $130,000)

3.0 Davido - Net worth of $19.5 Million

David Adeleke, popularly known as Davido, is the 3rd richest musician in Africa in the list of the top richest musicians in Africa. Davido's net worth is estimated at 19 million U.S dollars.

Davido was born in Atlanta, United States of America, to the wealthy Nigerian family of Dr Adedeji Adeleke. His father is the co-founder of Adeleke University in Osun state and the CEO of Pacific Holdings Limited.

Nigerian music star, David Adeleke (Davido) is the 3rd richest musician in Africa in 2021

Davido's net Worth is from music and endorsement projects such as the $78,296 MTN endorsement deal, Guinness Nigeria, and Infinix mobile.

Davido also performs in local and international shows, where he earns as much as $20,000 million per performance (in Nigeria) and $30,000 for international performances.

Davido's net worth and wealth are also affected positively by his YouTube channel, which has attracted over 663 million views since it was created.

Also, Davido's Instagram account is not left out. In fact, according to Hopper, each of Davido's posts on Instagram has an estimated value of $91,100. He ranks number 29 in the ranking of the world's Instagram Richest Celebrities.

With such huge money from social media platforms and endorsements, Davido has made so much money to become the third richest musician in Africa in 2021.

Davido released ‘Dami Duro’ on October 30, 2011. He co-produced the single with Shizzi, shot by which Clarence in Lagos.

The song Dami Duro came with an amazing video in Jan. 2012, and it became the talk of the town with frequent airplay by the media.

On July 17, 2012, Davido launched his debut studio album, 'Omo Olowo'. The album Omo Olowo was debuted under HKN Music Record Label, owned by Davido. This song also became a major hit which gained Davido more fans.

Since then, he has released countless singles, which have brought him popularity, money and international recognition. His most recent album, 'A Better Time' was released on 13th November 2020 and made up 213 million streams across all platforms just a month after its release.

Davido was the OBO executive producer. He worked with other producers like Spellz, Jay Sleek, Maleek Berry, among others.

Davido's latest car

Davido's cars and houses

Davido has two mansions in Lekki, Lagos, and a getaway mansion in Georgia, USA. His car collection is one of the best collections among musicians in Africa including:

  1. Rolls Royce Cullinan 2019 ($700,000) 
  2. Bentley Bentayga ($216,000)
  3. Bentley Continental GT ($190,000)
  4. Porsche Panamera Turbo S ($45,600)
  5. Range Rover Sports ($168,000 - $180,000)
  6. Range Rover SV Autobiography ($196,000)
  7. Chevrolet Camaro GS ($18,800)
  8. Audi R8 ($46,800)
  9. Audi Q7 ($24,000)
  10. Mercedes-AMG GLS63 ($90,000)
  11. Mercedes G-Wagon ($42,000)
  12. Toyota Land Cruiser ($60,000) several cars like a Porsche, Range Rover Sport and Chevrolet Camaro

4.0 Don Jazzy – Net worth of $18.5 million

In the music scene, Collins Michael Ajereh, known as Don Jazzy, is the 4th richest musician among the top 10 richest musicians in Africa in 2021. Don Jazzy is an indigene of Umuahia in Abia State. He was born on the 26th of November, 1982.

Don Jazzy's net worth is estimated to be over $18 million. Adding to being a musician, he is also a music producer and an entrepreneur. This rich music star is the CEO of the Mavins Records Label.

Don Jazzy is the fourth richest musician in Africa in 2021

Don Jazzy's musical career started with his collaborations with D'banj, where the duo made different hit tracks as Mo'hits. This was before they parted ways about a decade ago. After separating from D'banj, Don Jazzy created the Mavins Records Label.

Don Jazzy is known to have an eye for talents. Just this year, January 21, 2020, he announced the signing of a female artiste, Ayra Starr, into his music fold.

Thus, Ayra Starr joined the other fresh talents who Don Jazzy signed under the Mavins Records, such as Rema, Ladipoe and Koredo Bello.

So far, Ayra Starr isn't doing bad for herself as she already got tongues wagging with the release of her debut EP, which started with the trilling song, 'Away.

Don Jazzy is known for his wonderful music production. His hard work, in addition to his persistence, has helped him in his business dealings with artists both within and outside the country.

Don Jazzy has successfully groomed and established several talented musicians that we celebrate today, such as Wande Coal, Tiwa Savage, Reekado Banks, D'Prince and many others. 

Aside from his music career, Don Jazzy also has profitable contracts with companies like MTN and Loya Milk. Also, among Don Jazzy''s most prominent and recent deals is his endorsement deal with V-Bank.

V Bank, Nigeria's leading digital bank, announced the extension of its deal with Don Jazzy in December 2020. The bank executives had presented him a V Bank branded hoodie to symbolise the renewed one-year contract.

Unsurprisingly, Don Jazzy has won numerous awards as a top music producer. Don Jazzy seems not to be perturbed about marriage as he has focused more on building his music career and raising more talents for the music industry.

Apart from his music career, Don Jazzy is also known as a comedian; he has acted so many comedy clips with different comedians in Nigeria, which has helped increase his net worth to become one of the richest musicians in Africa 2021.

Don Jazzy is one of the African musicians that like flashy cars

Don Jazzy's houses and cars

Don Jazzy has acquired for himself 3 mansions. One of the mansions is on Banana Island; the other is in Lekki, while the third house is in Los Angeles. Trust that this rich musician will have exotic cars, including:

  1. Porsche 911 Carrera ($84,000)
  2. Bentley Continental ($50,000)
  3. Cadillac Escalade ($54,400)
  4. Used Mercedes Benz E350 ($40,000)

5.0 Burna Boy - Net worth of $17 million

Burna Boy's real name is Damini Ebunoluwa Ogulu. He is a Nigerian singer, rapper, songwriter, and dancer. Burnaboy comes from Mbiama in Ahoda West LGA of Rivers State.

He is the 5th richest musician among the top 10 richest musicians in Africa in 2021. In 2021 he is also among the top ten richest musicians in Nigeria.

Burna Boy's net worth is estimated to be $17 million. He is also rated as one of the best musicians in Nigeria.

Burna Boy is the fifth richest musician in Africa in 2021

Burna was born in Port Harcourt. His parents had relocated to Lagos State, Nigeria, after some time.

When Burna Boy's parents relocated to Lagos, It was more like a nice move for him as that even helped his career- remember that many of the big names in the Nigerian music industry and the best music resources are found in Lagos State, Nigeria.

Burna Boy started gaining recognition in the music industry in 2012 when he released his hit single ‘Like to Party’ from his debut album L.I.F.E.

He sold up to 40,000 copies of L.I.F.E. on the first day of its release. Also, Burna Boy sold L.I.F.E marketing rights to Uba Pacific for $20,000.

Burna boy left Aristokrat records in 2014, and in 2015 he established his record label named Spaceship Entertainment. He debuted his second album under his record label on the 25th of November 2015.

Burna Boy's music career has been filled with success stories as he has been making waves both nationally and internationally.

In 2020, Burna Boy released his most recent music album, Twice as Tall, making waves nationally and internationally. Twice as Tall earned him a 2021 Grammy Award nomination for the Best Global Music Album.

Clacified also reported that Burna Boy, alongside another top artiste, Wizkid won prizes at the 2020 MOBO Awards.

Currently, he is a brand ambassador to Globacom, Nigerian Breweries Plc, and Mortell Cognac.

Burna Boy, posses with his beautiful cars

Burna Boy's cars and houses

Burna Boy loves exotic cars. He once said he purchased his first ride, a Range Rover, at the age of 17. Check out some of Burna Boy's cars:

  • Lexus
  • Bentley
  • Mercedes-Benz G Wagon.
  • 2013 Ferrari 458 Italia
  • Rolls Royce Down Convertible

6.0 2Face (2Baba) – Net Worth of $16.5 million

Number six in our list of top richest musicians in Africa in 2021 is Innocent Ujah Idibia, also known with his stage name 2Baba or 2Face.

2Fcae was born in Plateau State, Nigeria, on 18th September 1975. Even though he was born in Jos, he is an indigene of Benue State.

2Face is the 6th richest musician in Africa among the top 10 richest musicians in Africa in 2021, with a net worth of $16.5 million. 2Baba improved in his music skills and rose to become one of the best Afropop artists in Africa.

Innocent Ujah Idibia (2baba) is the sixth richest musician in Africa in 2021

He is one of the oldest musicians in Nigeria that are still active in the Nigerian music industry. 2Face has earned so much money in his music career, making him one of the richest musicians in Africa in 2021.

At first, he started with the Plantashun Boiz group, after which he went solo. One would think he would fall off the music industry radar. But, no, he held on even flourishing while on his own.

During his early career years, Kennis Music signed him. In Kennis Music, he released his first music album, 'African Queen'.

Indeed, the African Queen brought him to the limelight in the year 2004. Since the debut of that song, Tuface has remained top of his game as he has made major hits back to back.

He has won different awards like the MTV Music Awards, Headies and BET Awards. All his efforts and hard work in the music industry has helped him become one of the richest musicians in Africa in 2021.

Tuface's luxurious apartment and cars

Even though 2face likes living a private life, it's not hard to tell that he possesses luxurious cars and houses. He owns two houses in Lagos, one apartment in the US, and relaxation lounges in Ikeja, FESTAC and Lagos Island.

2baba is not very open about his collection of cars, but here are the cars that were caught ridden by 2Face:

  • Chevrolet Corvette Coupe ($9,000)
  • Ferrari Coupe ($114,000 - $160,000)
  • Used Toyota Land Cruiser Prado ($60,000 – $104,000)

7.0 Rude Boy - Net worth of $16 million

Nigerian musician Rude Boy has been one of the best musicians in Nigeria and Africa with lots of fan bases. He is the 7th richest musician in Africa among the top 10 richest musicians in Africa in 2021.

Rude Boy started his music career with his twin brother Mr P both popularly known as P-Square. Rudeboy started his music career singing in school shows with his twin brother while attending music school.

Rude Boy is the 7th richest musician in Africa in 2021

He was performing alongside his twin brother Mr P. Rude boy together with his brother released their first music, Last Nite, under Timbuk2 music label after they won the Grab Da Mic competition.

The two singers progressed into the Nigerian music industry. They released many hit singles that earned them a huge net worth, including E No Easy with J Martins, Chop My Money with Akon and May D, Beautiful Onyinye featuring Popular American rapper Rick Ross and many more.

Rude Boy, together with his twin brother, released six hit albums, with five of them being under their record label (Square record Label) and one under Timbuk2 Music Label before they separated themselves due to a dispute between them.

Their albums include Last Nite, Get Squared, Game Over, Danger, The invasion and Double Trouble. Together they won many awards that helped them become one of the richest musicians in Africa, including Best Group, Album of the Year, Video of the Year, Best HipHop of the Year and others.

After separation from his twin brother, Rude Boy started singing on his own.

Paul Okoye (Rudeboy)'s Cars and Mansion

Paul Okoye, currently known as RudeBoy, has mansions both within and outside Nigeria.

His collections of cars include:

  • Rolls-Royce Phantom ($408,000)
  • Rolls Royce Ghost ($382,000 - $494,000)
  • Land Rover Range Rover ($100,000 - $164,000)
  • Lamborghini Gallardo ($149,200 - $235,800)

8.0 Timaya – Net worth of $12.5 million

"The plantain boy", as Timaya always calls himself, was born on the 15th of August, 1980. The Nigerian singer and songwriter make it to our list of the top richest musicians in Africa in 2021 as number 8.

Timaya's official name is Initime Alfred Odom. He started a music group called ‘Dem Mama Soldiers. With this music group, Timaya kick-started his musical career.

Tamiya is among the richest musicians in Africa in 2021

Timaya's net worth is estimated to be $12.5 million, making him the 8th richest musician among Africa's top ten richest musicians in 2021.

The King of Dancehall in Nigeria began his music career from the lower ranks. In fact, he started as a backup singer for some musicians before he finally went solo with K Solo's help.

His first professionally released song was 'True Story, released in 2005. True Story was closely followed by other big hits like 'Gift and Grace' released in 2008 and De Rebirth, his third album.

Timaya is the CEO of the DM record label, which he signed King Perry to. This was after he groomed the likes of Runtown and Patoraking under the record label.

Having been very active in the Nigerian music industry, Timaya has won so many awards that have earned him a fortune to become one of the richest musicians in Africa, including Best Reggae/Dancehall Album with his music True Story, Best Collaboration with "Good or Bad and many more.

Timaya's 3 G-Wagons

Timaya's houses and cars

Timaya has a mansion worth $500,000 at Lekki, Lagos State. If you are an active follower of Nigerian artists on Instagram, you will surely be informed of his 3 Mercedes G-Wagon cars in different colours, which once went viral on the social medium platform.

Besides the Benzs, Timaya's car collection is enviable with other expensive rides; see below:

  • Porsche 911 Carrera ($84,000)
  • 2 Range Rover Sports ($168,000 - $180,000)
  • Mercedes-Benz G55 AMG ($1290,000 - $170,000)
  • Mercedes-Benz GLE ($40,000 - $44,000)
  • Bentley Continental GT ($152,000)
  • Lexus LX570 2015 ($58,000 - $78,000)
  • Used Lexus GX 460 ($50,000 - $84,000)

9.0 Olamide - Net worth of $12 million

Olamide Adedeji chose to retain his first name Olamide on stage. However, he is also called Baddo due to his street music's nature. Olamide was born on March 15th, 1989, in Bariga, Lagos State.

Are you wondering about Olamide net worth? Olamide's net worth is estimated to be $12 million - making him the 9th richest musician in Africa in 2021.

Nigerian street musician Olamide is the richest musician in Africa in 2021, with a huge net worth

He is well known to sing mostly in his native language Yoruba, and this has gained him many fan bases and followership across western Nigeria, especially Lagos.

Olamide, who now has an estimated net worth of $12 million, commenced his journey into the music world with the Coded Tunes label but currently puts a lot of effort to raise a few other artists through his YBNL record label.

Olamide's music career started flourishing in 2012 following the release of his song, Eni Duro. His 2011 album, Rapsodi, also did very well.

Rapsodi was followed by YBNL, his second album featuring some single hits that gained him even more fame within a short duration.

Today, this music icon has up to seven studio albums to his name.

He has bagged many awards in the Nigerian music industry, such as the Best Indigenous Artist, Album of the year. He has also received many nominations.

All his efforts and music awards have helped him make it to Africa's top ten richest musicians in 2021.

Olamide's houses and cars

Being the 9th richest musician in Africa with an estimated net worth of $12 million, Olamide has acquired many assets. He owns two mansions in Lekki and Bariga, Lagos. He also has a flashy garage with some expensive cars, including:

  • Toyota Venza ($12,000)
  • Range Rover Sports ($30,000)
  • Mercedes-Benz G Wagon (46,000)
  • Range Rover Sports V8 ($168,000 - $180,000)
  • Used Rolls-Royce Phantom ($408,000)

10. Mr P - Net worth of $11 million

The last person in our list of the top richest musicians in Africa in 2021 is Mr P. He has made the richest musicians' list alongside his twin brother Rude Boy. Mr P is the 10th richest musician among the top ten richest musicians in Africa in 2021.

Nigerian musician Mr P is the 10th richest musician in Africa in 2021

Thanks to his collaboration with his brother Rude Boy under Square records. Peter Okoye, popularly know as Mr P, is a singer, songwriter, dancer, record producer, Multi-instrumentalist and Businessman.

The duo made lots of achievements singing together before their separation. Since then, Mr P has released many songs that have fetched him so much money increasing his net worth to become the 10th richest musician in Africa in 2021.

His music after their separation include's Cool it down, For my head, My way, Look into my eyes, Ebeano, Woki Woki and many more. He has released one album since going solo.

Mr P's Cars and Mansion

Mr P has different luxurious houses. There is one in Lagos, Nigeria, and another one in Atlanta, USA. He is also a real car collector. He owns varieties of exquisite cars such as:

  • 2 Range Rovers ($100,000 - $164,000)
  • BMW X6 ($47,000 - $56,000)
  • Dodge Challenger ($21,600 - $44,000)
  • Porsche 718 Cayman ($21,600)
  • Mercedes AMG GL63 ($90,000)
  • Bentley Mulsanne ($250,000)
  • Jeep Wrangler ($25,200)