Top 10 Richest Afrobeat Artists In The World

No doubt, the speed with which music is developing in the world is awe. This, however, is due to the increasing number of talented artists from different parts of the continent, working hard to bring out the best songs.

Over time, these artists have released so many amazing songs of different types that are played worldwide. In the process, they have earned a lot of money to climb the ladder of the richest afrobeat artist in the world.

That said, as a music lover, you will want to know the worth of your faves, to give you a bragging right above others. With no further ado, I present you with the list of the top 10 richest afrobeat artists in the world.

You are probably wondering about the richest Afrobeat Artists in the world. If this is true, we have compiled, in this article, RNN lists of the top 10 richest afrobeat artists in the world.

The table below contains the names, net worth, ages, and nationality of the top 10 richest afrobeat artists in the world.

10. Oladapo Daniel Oyebanjo ($11 million)

Oladapo Daniel Oyebanjo popularly known as D’banj was born on 9 June 1980 and has a net worth of $11 million which made him among the richest Afrobeat artists in the World. Nigerian Afro star D’Banj emerged in 2005 with his debut album, No Long Thing, which he released in conjunction with business partner/producer Don Jazzy on their Mo’Hits label.

D’banj is a co-founder of Mo-hit records label with Don Jazzy the producer. He has won several music awards, including the awards for Best African Act at the MTV Europe Music Awards 2007, Artist of the Year at the MTV Africa Music Awards 2009, Best International Act: Africa at the 2011 BET Awards, and Best-selling African Artist at the 2014 World Music Awards, Evolution award at the 2015 MTV Africa Music awards.

He adopted the stage name D’banj, which is a combination of his first name, Dapo, and his surname, Oyebanjo. D’banj is known internationally for his 2012 summer hit “Oliver Twist”, an uptempo dance fusion of Afrobeat and electronic dance music that topped the African Chart in 2011 and the top 10 hits in the UK singles chart in 2012. He said the year 2021 would be marked in Grand styles and he would release his album titled “Ikebe” before the end of the first quarter.

9. Olamide Gbenga Adedeji ($12 million)

Olamide Gbenga Adedeji popularly known as Olamide was born on 15 March 1989, he is a Nigerian rapper, singer and songwriter with a net worth of $12 million which makes him one of the richest Afrobeat artists in the world. He is one of the biggest and most influential artists in Africa. He records in Yoruba and English. In 2011, he released his debut studio album Rapsodi while signed to Coded Tunes.

Olamide started his career when he released the debut single, “Eni Duro,” in 2010. In the same year, he performed at The Hip Hop World Awards. He studied mass communication at Tai Solarin University but dropped out due to financial problems. He was signed to ID Cabasa’s Coded Tunes record label and was managed by Toni Payne. In 2012, he left Coded Tunes and started his record label YBNL Nation.

YBNL, his follow-up album, was released under his label imprint “Yahoo Boy No Laptop” aka YBNL Nation. The album was supported by the singles “First of All”, “Voice of the Street”, “Stupid Love”, and “Ilefo Illuminati”. On 7 November 2013, he released his third studio album Baddest Guy Ever Liveth. The album’s singles include “Durosoke” and “Yemi My Lover”. On 17 July 2013, Olamide became the first Nigerian to sign an endorsement deal with Cîroc.

8. Inetimi Timaya Odun ($12.5 million)

Inetimi Timaya Odon popularly known as Timaya was born on 15 August 1980 and is a multiple award-winning Nigerian singer and songwriter with a net worth of $12.5 million. He hails from Odi, Bayelsa state, South-South Nigeria. He is fondly called the Egberi Papa 1 of Bayelsa as a tribute to his roots, to which he has given a lot back.

His solo career began in 2005 with the release of “Dem Mama”, which also appeared on his debut album, True Story released the following year. His second album Gift and Grace was released in 2008. Meanwhile, he gained further visibility and international prominence through his third studio album De Rebirth released in partnership with Black Body Entertainment and its lead single “Plantain Boy” Both were commercially successful.

7. Michael Owusu Addo ($15 million)

Michael Owusu Addo popularly known as Sarkodie was born on 10 July 1988, he is a Ghanaian rapper, songwriter and entrepreneur from Tema with a net worth of $15 million which makes him one of the Afrobeat artists in the world. His contributions to the Ghanaian music industry have earned him numerous accolades, including the Vodafone Ghana Music Award for “Artiste of the Decade”.

Sarkodie started to rap at the age of 4 with a profound dream of changing the music game and making his presence felt worldwide in the coming years. He finally rose to mainstream fame in 2008 after turning down a job offer from an advertising company to fully take up music as a professional career. In 2010, he had several collaborations and earned numerous accolades and nominations including 5 major awards at the 2010 Ghana Music Awards with his debut album, Makye, and other epochal international awards. He was also part of the historic Ghana cypher that appeared on the international airing of the 2010 BET Hip‐Hop Awards.

6. Paul Okoye ($16 million)

Paul Okoye popularly known as Rudeboy was born on 18 November 1981, he is a Nigerian singer with a net worth of $16 million which makes him among the richest afrobeat artist in the world. He rose to fame in the 2000s as a member of the P-Square duo with his identical twin brother Peter Okoye.

Rudeboy started his music career in school singing with his twin brother Peter Okoye (Mr P) while attending music school. They started performing cover songs produced by MC Hammer, Bobby Brown and Michael Jackson. they both release 6 hit Albums which 5 were released under their record label and one was released under the Timbuk2 record label before they separated due to disputes that came up.

His song “Reason With Me” generated the highest views on YouTube in Africa in 2019. Paul Okoye is the founder of Fire Department Inc, a record label he established in 2019. P- square’s biggest hit was the single “Senorita,” and it was followed by a string of other hits that opened doors for them all over the world. The duo “Peter & Paul Okoye” cannot be disregarded while discussing successful music industry veterans. Paul Okoye is tenth on our list of the top 10 richest musicians in Africa.

Top 10 Richest Afrobeat Artist In The World (Infographics)

5. Innocent Idibia ($16.5 million)

Innocent Idibia popularly known as 2face was born on 18 September 1975, he is a Nigerian singer, songwriter, record producer, entrepreneur and philanthropist. He has a net worth of $16.5 million which makes him one of the richest afrobeat artists in the world. 2Face, now called 2Baba was born by Innocent Ujah Idibia and remains one of the most influential Nigerian artists ever.

He, however, has won different awards like the MTV Music Awards, Headies and BET Awards. Even though 2face likes living a private life, it’s not hard to tell that he possesses luxurious cars and houses. 2Face has earned so much money in his music career, making him one of the richest musicians in Africa in 2022. 2face is ninth on our list of the top 10 richest musicians in Africa.

4. Damini Ebunoluwa Ogulu ($17 million)

Damini Ebuoluwa Ogulu popularly known as Burnaboy was born on 2 July 1991, he is a Nigerian singer, songwriter, dancer and record producer, with an estimated net worth of $17 million which makes him one the richest afrobeat artist in the world.

He is also rated as one of the best musicians in Nigeria. Relocating to Lagos was the best move for Burna Boy as it further helped his career. He 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.

Burna Boy 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. Burna Boy is making waves both domestically and abroad and has enjoyed a great music career.

His most recent album, Twice as Tall, was released in 2020 and quickly rose to fame both domestically and internationally. The record led to his nomination for the Grammy Award for Best Global Music Album in 2021.

Top 3 Richest Afrobeat Artist in the World

3. David Adedeji Adeleke ($29 million)

David Adedeji Adeleke popularly known as Davido was born on 21 November 1992. He is a Nigerian singer, songwriter, and record producer with an estimated net worth of $29 million which makes him one of the richest afrobeat artists in the world. His music blends traditional African elements with global mainstream pop. His father is the co-founder of Adeleke University in Osun state and the CEO of Pacific Holdings Limited.

In 2021, Davido has named the highest-earning celebrity on Instagram in Africa. Additionally, he 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. Not to mention, his wealth has been affected positively by his YouTube channel, which has attracted over 663 million views since it was created.

2. Ayodeji Ibrahim Balogun ($30 million)

Ayodeji Ibrahim Balogun popularly known as Wizkid was born on 16 July 1990. He is a singer and songwriter with an estimated net worth of $30 million which makes him the second richest afrobeat artist in the world. A prominent figure in the modern-day Afrobeats music scene, Wizkid is regarded as one of the biggest and most influential African artists of all time. Apart from singing, Wizkid has secured many endorsements deals with MTN Nigeria, UBA, and GLO (which paid him over $240,000 to become their ambassador).

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.

He is well-known both outside of the Afrobeat community and within it and has achieved international popularity because he collaborated with well-known musicians like Chris Brown and Drake. And especially his recent success with Essence where he featured Tems.

Being the first Nigerian to reach one million followers on Twitter makes him one of the most well-known Nigerians of all time. Additionally, Wizkid has revealed plans to start his own clothing line and was successful in landing hefty endorsement deals with well-known companies like Pepsi.

His songs are still top Billboard’s top 100 Hot music. Wizkid’s musical career can be traced back to 2009 in Empire Mates Entertainment E.M.E records owned by “Banky W” where he recorded his debut album “Superstar” in 2011, which had the Hit track “Holla at Your Boy” which apparently shot him to the limelight.

1. Youssou N’Dour ($145 million)

Youssou N’Dour is a SenegaleseBorn on October 1, 1959, he is a Senegalese singer, songwriter, musician, composer, occasional actor, businessman, and politician. Rolling Stone Magazine once described him as, “perhaps the most famous singer alive” in Senegal and much of Africa. Youssou N’dour has a net worth of $145 million and he is the richest afrobeat artist in the world. A man who is known for his extraordinary vocal range and for introducing international audiences to mbalax a Senegalese popular music style.

His bedrock in Senegalese music and storytelling remains the hallmark of his artistic personality. After two years in street theatre, Youssou’s career really started in 1972, when he was just thirteen. Papa Samba Diop, known as the Mba leader of the Star Band in Dakar passed away.

Youssou sang a tribute to him, a song he composed on stage in Senegal’s Saint-Louis Stadium. “Everyone was still in tears, and I brought a little joy. I was vibrating. Mba was like a star fading from the sky.” At the end of his song, Youssou was given a standing ovation. Youssou N’dou is first on our list of the top 10 richest musicians in Africa.