With a net worth of $1.2 million, Asake has established himself as an A-list stage performer in the densely crowded Nigerian music scene. After transitioning from dance to music while pursuing Theatre Arts at Obafemi Awolowo University, one of Nigeria's premier tertiary institutions, he promptly gained recognition on campus with a popular single.
Before becoming the artist with the longest consecutive charting run on the Spotify Top Artists Nigeria, Asake's talent piqued the interest of YBNL, leading to his signing in February 2022.
"Omo Ope," his sixth single, peaked at number one on the Apple Music Nigeria Charts, while his partnership with Fireboy DML on the single 'Bandana' awarded them the recognition of most-streamed song in Nigeria, amassing 77 million on-demand streams.
With seven Number One singles by September 2022 and a five-minute sell-out at London's O2 Academy Brixton, Asake has solidified his position as a prominent figure in the Nigerian music industry.
His scholarly publication, 'Mr. Money With The Vibes,' serves to reinforce his standing as a preeminent artist of the decade.
After the success of "Omo-Ope" and Asake's signing to YBNL, the record label issued "Ololade Asake," his debut EP, which contained the tracks "Omo Ope ft Olamide (one of Nigeria's richest musicians) " "Trabaye," "Sungba," and "Baba God." After attaining two Number One singles and having "Sungba" remixed by Burna Boy (Nigeria's best artist), Asake embarked on an extraordinary run of multiple entries at the summit of the rankings.
As of September 2022, Asake had amassed an unprecedented seven Number One singles, preeminent in the annals of Afrobeats.
"Omo-Ope," "Sungba," "Sungba Rmx ft Burna," "Palazzo" by Spinall, "Peace Be Unto You," "Bandana" by Fireboy, "Terminator" and the present-day leader, "Lonely at the Top," are among these chart-topper songs.
Asake was named Artiste of the Year by Audiomack in recognition of his 2022, which was a noteworthy year marked by a multitude of popular songs and exceptional musical performances.
Audiomack lauded "Mr Money With The Vibe," the debut album by Asake, in a press release. The album has accumulated more than half a billion streams on the platform. It established a new benchmark as the highest-charting debut album by a Nigerian artist upon its debut at No. 66 on the Billboard 200.
Due to his Fuji-Amapiano fusion, he became the breakout personality of Nigeria in 2022. Although this accomplishment was noteworthy in and of itself, it foreshadowed even greater milestones to ensue.
"Mr. Money With The Vibe" debuted on Apple Music with the most successful first day and three days for an African album in its history.
A notable trend was observed as nine tracks from the album peaked at number one on the Global Daily Top 100, setting new records.
'Mr. Money With The Vibe' achieved an unprecedented feat for an African album by topping the Top Albums Chart in 31 countries worldwide, including Nigeria, the United Kingdom, and Ireland.
Numerous tracks debuted in the Daily Top 100 across 60 countries, with 26 of them penetrating the top ten and 14 of them attaining the position of Number One.
Asake established a new milestone on the TurnTable Charts in September by becoming the first artist to have eight entries place in the top ten within a single week. This accomplishment exceeded the prior benchmark maintained by Davido, underscoring the extraordinary impact and supremacy of Asake within the music sector.
Asake's substantial financial resources are evident in his headlining performance on Day 2 of the Flytime Group-Flutterwave FLYTIME FEST 2022, a multi-day event that showcases A-list artists, on December 22. Zone A tickets cost a minimum of 10 million naira, while Zones B and C cost 8 million, Zone D cost 4 million, and Zones E and F cost 3 million. VIP tickets, which were available for a seated fee of 70,000, provided access to the stage front.
Asake demonstrated his prowess and increased his earnings at the Memorial Day weekend Afro Nation Festival in Miami, which was held at the 40,000-capacity LoanDepot Park. In addition, his participation as an act at the inaugural Beer With Us Festival (BWUFEST) on January 6, 2023, at Landmark Leisure Beach in Oniru, Lagos, Nigeria's richest state, was confirmed.
Following the triumph of his album, Asake initiated a global tour. During this tour, he performed at London's O2 Brixton Academy for three sold-out dates and returned to the venue in 2023.
Performances of his chart-topping single "Yoga" and "Organise" from the album "Mr. Money With The Vibes" accompanied his appearances on The Tonight Show Starring Jimmy Fallon in March 2023.
Significantly, Asake performed at Afro Nation, the renowned Portimão, Portugal-held Afrobeats festival, thereby consolidating his worldwide prominence within the music industry and ensuring him a net worth in the million-dollar vicinity.
Google formally recognised Asake as the second most popular trending musician in Nigeria in 2022, placing him tenth among all trending queries and third among trending individuals. He competed as one of nine nominated Nigerian artists for the MOBO African Act of the Year 2023 award.
Asake was named to the Black Voices Fund cohort of 2023 by YouTube, an organisation that honours forty black performers, composers, and producers worldwide.
After the triumphant debut of 'Mr Money With The Vibe,' the YBNL artist unveiled his eagerly awaited second studio album, 'Work of Art,' demonstrating exceptional productivity within the first two years of his musical career.
"Work of Art" is an astute collection of fourteen tracks that exemplifies Asake's multifaceted sonic ingenuity. Asake was included on the BBC's Sound Of longlist in December 2022, which forecasts emergent artists for the following year. Additionally, he appeared at Afrochella 2022.
Asake reached an additional professional milestone in March 2023 when his total career streams on Boomplay surpassed 500 million. This achievement not only consolidated his influence and extensive acclaim within the music industry but also substantially increased his earnings.
Asake's international renown was further demonstrated with his nomination for the Grammy Award for Best African Music Performance in the run-up to the 2024 ceremony.
In January 2023, Nigerian music video director, TG Omori, revealed on Twitter that the "Joha" music video for Asake had a production budget of $165,000, thereby validating the artist's considerable financial resources.
Asake attained noteworthy accomplishments at the 16th Headies Awards by being honoured with the Next Rated Award and Album of the Year. His eight nominations in his inaugural year were unprecedented; no other artist had ever accomplished this feat. Furthermore, Asake delivered an unforgettable performance at the esteemed occasion.
As a token of appreciation for his contributions to afrobeats, California honoured Asake in 2023. An additional achievement in his career was being named Best African Artist at the 2023 VGMAs.
On September 8, 2023, Asake accomplished a historic feat by selling out the renowned 19,000-capacity Brooklyn Centre in New York. This made him the first artist of the Afrobeats genre to headline and completely sell out the Barclays Centre.
His North American tour was capped off with this spectacular performance, which captivated audiences in Atlanta, Chicago, Houston, and Washington, D.C.
"Lonely At The Top" established a historical milestone by remaining at number one on Nigeria's TurnTable Top 100 chart for a record-setting 12 consecutive weeks.
This mid-tempo anthem, which explores the solitary nature and doubts that often accompanies achievement, surpassed Omah Lay's "Godly" to become the record holder for the longest tenure at the top of the charts.
In 2023, Asake achieved a momentous milestone by selling out a concert at the esteemed O2 Arena in London, thereby becoming one of few African artists to have achieved success on this international platform.
Asake reached an additional significant milestone in November 2023 with the unprecedented 100 million streams of "Lonely At The Top" on the worldwide platform Audiomack, which was a first for any song on the platform.
Asake unexpectedly invited American rapper Dababy to the Coca-Cola Arena for an electrifying performance at his Afroworld concert in Dubai.
Asake house
Regarding housing, Asake augmented his holdings through the acquisition of his inaugural property in Lagos in August 2022, thereby reinforcing his triumph beyond the domain of music.
Asake cars
Exhibiting a notable dedication to his profession, Asake displayed a considerable financial commitment through the acquisition of a 2023 G-Wagon.
Valued at a maximum of $179,000 (worth over ₦100m in today's Dollar-Naira black market exchange rate), this opulent SUV is Asake's most significant vehicular asset.
Before this he unveiled a Range Rover along with social media announcement of his house.
Asake endorsements
Parimatch, a recently established international sports wagering platform in Nigeria, announced with great pride in August 2022 that acclaimed Afrobeats vocalist and songwriter Asake had joined their roster of brand ambassadors.
Asake, in conjunction with Culture Rated on Prime Video, attended Paris Fashion Week on June 22, 2023. He represented Dope Africans and demonstrated his impact on the international cultural arena.
Asake was formally introduced as the brand ambassador for Globacom on September 29, 2023, at the Mike Adenuga Towers located on Victoria Island in Lagos.