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Top 10 Richest Musicians in Africa in 2023

If you have been wondering who the richest musician in Africa is, then this article is for you. This article contains a list of the top 10 richest musicians in Africa.

richest musician in africa
Richest musician in Africa

African music has witnessed tremendous recognition around the world over the past decade. The music is revered for its energetic beats, powerful lyrics, and vibrant dance steps.

This is all thanks to the hard work, perseverance, and creativity of African musicians who do their best to ensure African music gets all the international recognition it deserves.

These musical artists keep churning out mind-blowing music that gets listeners all around the world gyrating and humming along. These local and international recognitions are helping them secure their bag and have helped them make it to the list of the top 10 richest musicians in Africa.

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Top 10 Richest Musicians in Africa

Here are the top 10 richest musicians in Africa in 2023.

1. Youssou N’Dour- $145 million

Youssou N’Dour
Youssou N’Dour

The Senegalese musician Youssou N’Dour is the richest musician in Africa, with an estimated net worth of $145 million. Youssou N’Dour is a singer, songwriter, musician, composer, actor, businessman, and politician.

Born on October 1, 1959, to a Wolof mother and a Serer father, the Senegalese musician started off his music career at the young age of 13 when he came into the limelight for singing a tribute song to Late Papa Samba Diop in 1972. He then joined Super Diamono when he was 15.

Youssou N’Dour has been in the music industry for over 4 decades, and he was once named the most famous living singer in Senegal by Rolling Stone magazines.  He received millions of awards, including the Grammy Award for best contemporary world music album for his album Egypt in 2005.

The New York Times once described his voice as “an arresting tenor, a supple weapon deployed with prophetic authority”.

Youssou N’Dour owns a TV station in Dakar and a record label. He also owns a chain of restaurants as well as a clothing brand called “Youssou N’Dour Seduction”.  

READ: Who is the Richest Musician in Nigeria

2. Akon- $80 million


Aliaune Damala Badara Akon Thiam, popularly known as Akon, is Africa’s second-richest musician. Akon is a Senegalese-American singer, record producer, songwriter, philanthropist, actor and businessman with an estimated net worth of $80 million.

Akon was born on April 16, 1973, in St. Louis, Missouri, in the United States, to a Wolof descent of Dakar. For many years, Akon has been featured among the world’s most acclaimed musicians.

He was also once the richest musician in Africa. He rose to prominence in 2004 after he released his single, ‘’Locked Up’’, the first song from his album, titled Trouble. Afterwards, he released “Lonely”. Both songs amassed huge success in the music market.

Akon owns two record labels that signed successful artists like Lady Gaga and T-pain. He reportedly made over 35 million dollars in sales for his albums and songs over the decades. He has been able to claim two spots on the Hot 100 Billboard charts twice.

He has also been nominated for the Grammy Awards five consecutive times. He has also been featured in the Guinness Book of World Records as the most popular artist selling master ringtones around the globe.

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3. Black Coffee- $60 million

Black coffee
Black coffee

Nkosinathi Innocent Sizwe Maphumulo, popularly known as Black Coffee, is a South African singer, record producer and Disc Jockey. He was born on March 11, 1976, in Umlazi, South Africa. Black Coffee has an estimated net worth of $60 million, making him one of the richest musicians in Africa.

Black Coffee began his career in the 90s but rose to international acclaim after participating in the Red Bull Music Academy in 2004. Since his debut in the music industry in 1994, Black Coffee has released nine studio albums and won many awards for his name.

Some of these awards include the 2015 Breakthrough DJ of the Year, SAMA’s Best Dance Album, Album of the Year, and Best Engineered Album International Recognition.

He also won BET Awards’ Best International Act: Africa, SAMA’s Male Artist of the Year and many other international and local recognitions.

Black Coffee is the proprietor of a record label named Soulistic Music Record Label.

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4. Wizkid- #21 million


Ayodeji Ibrahim Balogun was born in on July 16, 1990 in Surulere, Lagos, Nigeria. He is a Nigerian artist and singer popularly known by his stage name, Wizkid. He is one of the most prominent figures in the Nigerian music genre, Afrobeats.

Wizkid began his music career at the young age of 11, singing in a church choir where he was part of a local band called the Glorious Five. He even released an album with the band when he was 11.

He rose to prominence following the release of his track, Holla at Your Boy, in 2011 alongside other songs in his debut album, Superstar, under Banky W’s record label, Empire Mates Entertainment, E.M.E Records. In 2013, he established his own record label known as Starboy Entertainment.

Wizkid gained international fame in 2016 after the release of his single, One Dance, which featured Drake. The single topped charts in 5 countries across the globe. He also featured in Beyonce’s Black is King album on the track Brown Skin Girl, for which he won a Grammy award.

As his fans proudly call him, Machala has an estimated net worth of $21 million. Apart from music, Wizkid earns some of his money from endorsement deals with big brands like Pepsi, Guinness, UBA, Tecno, and Glo.  

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5. Davido- $20 Million


David Adedeji Adeleke, also known as Davido, is a Nigerian musician, songwriter, and record producer. He was born into the wealthy Nigerian family of Dr Adedeji Adeleke in Atlanta, Georgia, on November 21, 1992. He is undoubtedly one of the most influential musicians in Nigeria, Africa, and worldwide.

Davido rose to fame in 2011 after the release of his single, Dami Duro. He owns his own record label, DMW Records.  Additionally, he has signed a contract with Sony Music Entertainment.

Although Davido is from a wealthy family, he has always maintained that all of his riches are obtained from his music and numerous endorsement deals. Davido has signed endorsement deals with notable and big brands in and outside the country. These brands are MTN, Infinix Mobile, WEMA bank, Puma, Martell, Guinness, Itel, and many more.

Davido currently has an estimated net worth of $20 million, making him one of the richest musicians in Africa.

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6. Don Jazzy- $18 million

Don Jazzy
Don Jazzy

Don Jazzy ranks number 6 on our list of the top 10 richest musicians in Africa, with an estimated net worth of $18 million. He was born Michael Collins Ajereh on November 26, 1982, in Umuahia, Abia state in Nigeria. He is a Nigerian record producer, singer, songwriter, and businessman.

In 2004, Don Jazzy co-founded a record label named Mo’Hits Records with D-Banj. After some years, the duo went their separate ways. Don Jazzy started a new record label called Mavin Records, where he signed and managed prominent artists like Tiwa Savage, Reekado Banks, Korede Bello, and many others.

Don Jazzy has won many awards to his name, including the Producer of the Year award for four consecutive years.

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7. Burna Boy- $17 Million

burna boy
Burna boy

Damini Ebunoluwa Ogulu, famously known as Burna Boy, is the 7th richest musician in Africa. Burna Boy was born in Port Harcourt, Rivers State, Nigeria, on July 2, 1991.

The self-acclaimed Giant of Africa rose to stardom in 2012 following the release of his hit single, Like to Party, ahead of his album titled L.I.F.E. He has since released several hit singles and studio albums have won him numerous awards, including a Grammy.

Burna Boy has an estimated net worth of $17 million from his music career and ambassadorial deals.  He also has his record label, Spaceship Entertainment, established in 2015.

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8. 2face Idibia- $16.5 Million

2Face Idibia-Richest-Musician-In-Africa
2Face Idibia

2baba or 2Face is a popular Nigerian R&B artist, singer, songwriter, stage performer, recording artist, and entrepreneur. He was born Innocent Ujah Idibia in Plateau State on September 18, 1975, and had a net worth of about $16.5 million.

2Face began writing songs and lyrics while he was studying and IMT in Enugu state. He later dropped out of school to focus on his music career in 1996. 2Face is one of the oldest musicians in the Nigerian music industry currently.

He began his career with the Plantashun Boiz group before deciding to go solo. He was later signed to Kennis Music, where he released his first album, African Queen, which launched him into the international scene.

2Face has remained on top of his game ever since and has received numerous awards, including MTV Music Awards, Headies, and BET Awards.

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9. Rude Boy- $16 Million

Rude Boy Richest Musician In Africa
Rude Boy

Paul Okoye was once part of a musical band with his twin brother, Peter Okoye, and they were known as Psquare. After they disbanded, Peter took the stage name ‘Rude Boy’.

Peter Okoye was born in Jos, Plateau State, Nigeria, on November 18, 1981. He is a Nigerian musician, performer, and record producer.

His music career began with singing in school shows alongside his twin brother, Peter, now known as Mr P. While in Psquare, the duo produced six studio albums that recorded massive local and international success.

After the band broke up in 2017, Rude Boy released hit singles like Fire Fire, Reason with Me, which had the highest view on YouTube at the time of its release in 2019.

Rude Boy is estimated to have a net worth of 16 million, securing him the 9th position among the top 10 musicians in Africa.

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10. Timaya- $12 Million


Inetimi Timaya Odon is a Nigerian singer and songwriter. He was born in Rivers State on August 15, 1980.

Timaya’s music career began in 2005 when he dropped his debut hit single Dem Mama. The dancehall and afrobeat singer is the 10th richest musician in Africa, and he is currently worth an estimated net worth of $12 Million.   

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Frequently Asked Questions For Top 10 Richest Musician In Africa

Who is the top 10 richest musician in Africa?

Here is a list of the top 10 richest musicians in Africa
1. Youssou N’dour- $145 Million
2. Akon- $80 Million
3. Black Coffee- $60 Million
4. Wizkid- $21 Million
5. Davido- $20 Million
6. Don Jazzy- $18 Million
7. Burna Boy- $17 Million
8. 2Face- $16.5 Million
9. Rude Boy- $16 Million
10. Timaya- $12 Million

Who is the richest African musician?

The richest musician in Africa is the Senegalese musician Youssou N’dour with a net worth of $145 Million.

Who is the richest musician in Nigeria, Africa?

Wizkid is the richest musician in Nigeria, with an estimated net worth of $21 million.

There you have the list of the top 10 richest musicians in Africa. These people have made their impact in the African music industry, and they are getting their rewards in the form of increasing net worth.