Top 10 Richest musicians in Africa in 2021

March 10, 2021

So who is making it big in the African music scene?

The latest statistics on the richest musicians in Africa in 2021 have left many fans casting a desiring eye at their exceeding wealth. The list of the most wealthy African artists confirms that talent and the right exposure result in an opulent lifestyle.

1. Youssou N’Dour ($145 - $150 million)

Real name: Youssou N’Dour (Born 1st October 1959)

Nationality: Senegalese

Many people love Youssou for his extraordinary musical productions. The star has built his wealth from different sources, including the music industry, and we can confidently state that Youssou is the richest male singer in Africa. He is a gifted entrepreneur with deep-founded interests in politics, and his net worth is between $145 and $150 million. He is also the owner of an influential media authority that airs both radio and television programs.

2. Akon ($80 million)

Real name: Aliaume Damala Badara Akon Thiam (Born 16th April 1973)

Nationality: American/ Senegalese

Akon ranks second in the list of wealthy African hit jam producers, with approximately $80 million as net worth. The US-based star is both a producer and songwriter with decades of experience in the industry, making him one of the richest persons in the music industry. Endorsements and music engagements are the primary sources of Akon's income. His long-lived career has seen him register more than 35 million sales. It is through his popularity that Akon has earned countless nominations alongside five Grammy Awards. Akon is now a continental hit singer inspiring generations with his Konvict Muzic label productions.

3. Black Coffee ($60 million)

Real name: Nkosinathi Maphumulo (Born 11th March 1976)

Nationality: South African

Maphumulo is a professional DJ with a good background in music production. He now works with Soulistic Music record label and rubs shoulders with top-earning musicians in the continent. Africa boasts of his artistic talent that has seen him cross boundaries with a unique taste of entertainment. His net worth estimates at about $60 million, with music records as the primary source of Black Coffee’s exceeding wealth and admirable lifestyle.

4. Don Jazzy ($30 million)

Real name: Michael Collins Ajereh (Born 26th November 1982)

Nationality: Nigerian

Don is widely famous and loved for his artistry. He is a founding star at Mavins Record, which is sometimes called Supreme Mavin Dynasty. Don has been inspiring generations for decades now and is greatly admired in the continent, which bows to his solo and collabo music releases. His decision to move to Britain did not lower his fame as most people had predicted. Don is now unstoppable, having a wealth of $30 million.

5. Wizkid ($20 million)

Real name: Ayodeji Ibrahim Balogun (Born 16th July 1990)

Nationality: Nigerian

Wizkid works with Starboy Record as the Chief Executive Officer. The young Nigerian star has an estimated net worth of $20 million and has earned a fair share of his wealth by releasing contemporary hip hop hits, which appeal to a broad audience. Wizkid streams a considerable percentage of his wealth from leading corporations such as MTN and Pepsi. The young talented artist is not new to exclusive music nominations and awards.

6. Rudeboy ($16.1 million)

Real name: Paul Okoye ( Born 18th November 1981)

Nationality: Nigerian

Rudeboy (Paul Okoye) is a respectable member of P-Square. His flashy career has left him well known across the African continent and beyond, with a whopping $16.1 million as net worth.

7. Davido ($16 million)

Real name: David Adedeji Adeleke (Born 21st November 1992)

Nationality: Nigerian

DMW CEO, Davido, is openly wealthy and is never shy of bragging about it. The celebrity is closely affiliated with Sony, RCA, and DMW record labels, and has crossed deep waters to perform in global theatres. Davido has been doing well since 2011 when Dami Duro placed him on the global scene, and currently, his wealth is approximately $16 million. He was recently cast in the globally anticipated Coming2America.

8. Mr. P ($15.2 million)

Real name: Peter Okoye (Born 18th November 1981)

Nationality: Nigerian

Mr. P is the twin brother to Rudeboy. P Square brothers are famous for their incredible music, which saw them cross African borders to play and invest in the United States. The two are no longer collaborating in music, but are concentrating on their careers individually. Mr.P's career is paying back, confirmed by his $15.2 million net worth.

9. 2Face Idibia {Tuface} ($15 million)

Real name: Innocent Ujah Idibia (1975)

Nationality: Nigerian

Idibia is Hypertek CEO. He is a well-off fame hunter who never rests until his accounts are satisfied. The African Queen star is among the most accomplished hip hop record-breakers in Nigeria and Africa at large. He pockets much of his income from music sales, real estate, and other high-end entrepreneurial involvements. His approximate net worth is $15 million.

10. D Banj ($11 million)

Real Name: Oladapo Daniel Oyebanjo (Born 1981)

Nationality: Nigerian

D Banj is a harmonica player, singer, and artist. He works under Kanye West’s Good Music record label, where he has gained fame on interstate floors. The star has attained more than 4 million album sales making him a star of interest. D Banj's net worth stands at $11 million.