Top 10 Richest African Musicians in 2022 You Should Know About (2024)

Since the beginning of time, people have revered African music for its upbeat rhythms, potent lyrics, and vibrant dance moves. African music has significantly improved over time and is currently gaining more acceptance and recognition on a global scale. The dedication, determination, and inventiveness of African artists, who strive tirelessly to ensure that every sound from the continent is distinct and of the highest caliber, are the driving forces behind these encouraging improvements.

Several artists and musicians from the continent have produced some amazing musical works that have won the hearts of the international music community. They have not only hoisted the name of Africa on the top but have also proved their individual qualities as well. Today, let’s have a look at the top 10 richest African musicians of 2022.

10/10

Timaya

With a net worth of $10 million, the tenth-richest musician in Africa is Inetimi Timaya Odon, also known as Timaya. He is a singer and composer from Nigeria. He is also a native of the Bayelsa state town of Odi. DM Records Limited was created by Timaya. In 2005, he released the breakthrough tune “Dem Mama,” which marked the start of his musical career. He released his debut album, ‘True Story’ a year later. Timaya began his musical career as a backup vocalist before being hailed as the King of Dancehall in Nigeria. He has a long history in the Nigerian music industry and over that period has won numerous accolades, including Best Reggae/Dancehall Album.

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9/10

Rude Boy

When he and his twin brother Peter Okoye’s musical group, Psquare, split over a family dispute, Paul Okoye adopted the persona “Rude Boy.” Paul, 40, also known as Rude Boy, is currently carrying a net worth of $16 million. While attending music school, Rude Boy started his musical career by performing as Psquare in school plays alongside his twin brother Peter Okoye (Mr. P). Together with his brother, the duo created six hugely popular albums when they were in Psquare. When Psquare disbanded in 2017, Rude Boy continued to make songs. He put out several popular songs including “Reason With Me” and “Fire Fire.” He recently reconnected with his brother Mr. P and launched a new music label called Fire Department Inc.

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8/10

2Baba/2Face Idiba

Initially, 2Face, now known as 2baba, was a member of the musical group “Plantashun Bolz,” but he quit the group to sign with the Kennis Music Record Label. Innocent Ujah Idibia, better known as 2Baba, was born on September 18, 1975, in Plateau state, Nigeria. However, his parents are natives of Benue state. He is now 46 years old. He is certainly one of the most well-known Nigerian performers ever, with a net worth of $16 million. Even though 2Baba is one of the more established musicians from Nigeria, his music is still in high demand. He has received numerous music honors, including BET Awards, MTC Music Awards, and the Headies.

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7/10

Burna Boy

The seventh richest artist in Africa on the list is Damini Ebunoluwa Ogulu, better known by his stage name Burna Boy. One of Nigeria’s top musicians, according to critics, the 30-year-old dancer, singer, rapper, and songwriter is carrying a net worth of $17 million. One of the most memorable moments in Burna Boy’s rise to musical prominence was his relocation to Lagos. After he released the smash single “Like to Party” from his self-titled debut album in 2012, his music started acquiring popularity.

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6/10

Don Jazzy

Collins Michael Ajereh, also known as Don Jazzy, is ranked sixth among the top 10 wealthiest musicians in Africa. His musical career started at Mo’hits with the popular songs he co-wrote with D’banj. The pair split up about ten years ago, and Don Jazzy started Mavins Records Label. This 39-year-old man has achieved fame and money as a music producer and businessman thanks to his dedication and perseverance; his net worth is believed to be $18 million. He is also renowned for discovering really gifted newbies to the music business.

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5/10

Davido

With a net worth estimated at $19 million, OBO, also known by his stage name Omo Baba Olowo, is the fifth-richest singer in Africa. David Adeleke, better known by his stage name Davido, is also the 53rd highest-paid celebrity on Instagram, topping the position in Nigeria and Africa as well. Davido, who is now 29 years old, was given a golden start in Atlanta, USA, by Dr. Adedeji Adeleke. Being the co-founder of Adeleke University in Osun state, Nigeria, and the CEO of Pacific Holdings Limited, his father is a very wealthy man. In addition to the enormous sum of money he generates from Instagram, he makes between $20,000 and $30,000 for every musical performance both in Nigeria and abroad. Another thing that is doing quite well for him is his YouTube channel.

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4/10

Wizkid

An international Afrobeat artist and fourth-richest singer in Africa is from Nigeria. Wizkid has accumulated a net worth of almost $21 million thanks to his multiple endorsem*nts deals with various brands, some of which pay him up to $240,000, and his singing. Songs by Starboy, sometimes known as Machala, continue to rank in Billboard’s top 100 Hot Songs. The 31-year-old singer gained notoriety in 2011 with the release of his chart-topping single “Holla at Your Boy,” which was included on the hit debut album “Superstar.”

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3/10

Black Coffee

Black Coffee is the stage name of Nkosinathi Innocent Sizwe Maphumulo, a celebrated DJ, record producer, and vocalist from South Africa. The third richest musician in Africa, Black Coffee has a net worth of $60 million. He is 46 years old. He has recorded 9 studio albums since entering the music business in 1994, and the albums have achieved immense success both in South Africa and internationally. In fact, he was the wealthiest musician from Africa in 2021. Black Coffee’s musical career started at the Durban University of Technology, where he later began performing as Madala Kuenene’s backup singer, which is how he rose to fame.

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2/10

Akon

Akon, who has a net worth of $80 million, is ranked second among the top ten richest musicians in Africa. He is well-known worldwide and has consistently been one of the wealthiest musicians in Africa. Aliaune Damala Badara Akon Thiam, more commonly known as Akon, was born in Dakar, Senegal in 1973. He belongs to the Wolof ethnic group. The singer is renowned for his work as a businessman, songwriter, record producer, and performer. After he released “Locked Up,” the lead song from his ‘Trouble’ album, in 2004, his career as an artist took off. Later, he also recorded “Lonely,” both of which were enormous hits on the music scene.

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1/10

Youssou N’Dour

The top spot on the rankings belongs to Youssou N’Dour. In 2022, he is the richest musician in Africa. His astounding net worth of $145 million was accumulated through the use of his distinctive voice and the popularization of the well-known Senegalese music genre known as mbalax. He was born in Senegal on October 1, 1959, and he sings, composes, and writes songs. Along with running a business, he also had a brief acting career and dabbled in politics as well. Some of the characteristics that make Youssou popular with music enthusiasts include his solid footing in Senegalese music and his capacity to weave narratives into his songs.

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Top 10 Richest African Musicians in 2022 You Should Know About (2024)

FAQs

Who is the richest African artist in 2024? ›

Believe it or not, as of year 2024, Wizkid is the richest musician in Africa. He has been accumulating all the money since 2010. In 2012, Wizkid signed a one-year endorsem*nt deal with Pepsi reportedly worth US$350 000.

Who is the highest paid musician in Nigeria 2022? ›

Wizkid is one of the most successful music artists in Nigeria. He has been in the Nigerian music industry for over a decade and he has dropped several basic projects including singles, EPs, and music albums. At the moment, the Nigerian Grammy-winning artist topped the list of the highest-paid artists in Nigeria.

Which country has the most talented musician in Africa? ›

Wizkid, Burnaboy, Davido had done this severally. Nigerian singers dominate the entertainment industry across Africa and beyond, and have bagged tons of coveted awards and nominations globally. The dominant social life of each nation has a major influence on this development.

Who is the most streamed artist in Africa? ›

Burna Boy is Most Streamed African Artist Globally on Spotify.

Who has the highest music award in Africa? ›

Wizkid has 156 awards, making him Africa's Most Awarded Artiste.

Who is the richest football in Africa? ›

With an estimated net worth of $95 million, retired Cameroonian professional football player Samuel Eto'o is the richest African football player of all time. Throughout his career, he received multiple individual and team honors, including four times as the African Footballer of the Year.

Who is the youngest richest man in Africa? ›

Mohammed Dewji, 48, is Africa's youngest billionaire, with a net worth of $1.5 billion. He is the CEO of MeTL Group, a multi-billion-dollar conglomerate with holdings in agriculture, manufacturing, and logistics. Dewji is also a philanthropist and social enterprise investor.

Which country is the richest in Africa? ›

It is Nigeria, a country in West Africa, which stands out as the most powerful economy on the continent. With a GDP estimated at $477 billion in 2022, Nigeria is at the top of the ranking of the richest African countries, ahead of Egypt and South Africa.

Who is richer between Wizkid and Davido? ›

And there you have your answer that Davido is the richest artist among the two legendary and most successful stars Nigeria has ever produced. Going by the official net worths of these artists, Davido net worth is estimated at a staggering $70 million while Wizkid has a total net worth of $63 million.

Who is richer between Davido and Wizkid in 2024? ›

Who is the richest between Wizkid and Davido in 2024? Now that we have looked at the two singer's sources of wealth, businesses, and properties, who is richer between Davido and WizKid? Well, from WizKid and Davido's net worth figures, it is clear that Davido is $6 million richer than Wizkid.

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