Top 10 Richest Musicians in Africa & Net Worth (2024)

Africa has lots of talents in the entertainment industry especially in the music aspect. There are good numbers of prolific musical artists in the continent who have made a mark in the industry. The vast majority of the musicians on this rundown are those that have done extraordinarily well in their singing profession. This has also reflected in the way that they have amassed huge measures of wealth throughout the years of their musical career.

It shouldn’t shock you to see Nigerian artiste who form majority of the wealthiest singers in Africa. This is due to the fact that the Nigerian music industry is the most successful in the continent.

In this post, we provide Africa’s richest musicians as listed by Forbes’ this 2023 and their net worth.


A lot of top-notch entertainers like Akon, Black Coffee and the affluent Youssou N’Dour has join with notable Nigerian names like Davido, Don Jazzy and Wizkid in the richest musicians in Africa.

Here are the top ten names who are seen as the richest musical artist in Africa and their net worth:


Youssou Madjiguéne Ndour best known by his stage name Youssou N’Dour is a first-class musician. Born on October 1st, 1959, he is a Senegalese artist, lyricist, author, seasonal entertainer, businessman and politician.

The artist began his career at a tender age (12) and once performed with the Star Band, Dakar’s most famous group, during the 70s.

Youssou N’Dour is the richest musician in the continent; he has a whooping net worth assessed to be $145 million. The young millionaire possesses the largest media house in Senegal with radio and Tv stations. He likewise flaunts immense real estate projects.


Aliaume Damala Badara Akon Thiam, better known by his stage name Akon was brought into the world on April sixteenth 1973. Just like the preceding artist, Youssou N’Dour, Akon is a Senegalese and also an American Hip-hop artist.

For a long time now, Akon has been in the music business and this has enough fame and wealth to his domain. He is likewise an entertainer and has wandered into various music groups and companies.

As of now, Akon is positioned as the second most richest musician in Africa, with an estimated net worth of $80 million. He has collected abundance over the course of the years on account of his prowess and ability to invest into other venture in the entertainment industry.

Moreover, the multiple award winning artist has sold in excess of 35 million songs and has been nominated for Grammy Awards multiple times.


Black Coffee is a South African entertainer and Disc jockey. He goes by the real name Nkosinathi Maphumulo, and is the country’s most richest musician and the third richest in Africa continent.

Taking a gander at how affluent Black Coffee is, we can see he possesses sumptuous and luxurious vehicles like Mercedes Benz G Station cart, CLK Mercedes, Bentley, and Maserati. He likewise claims a personal luxury jet.

Maphumulo is a commended artist and a multiple award winning artist as a holder of various honors. In 2005, he won the Breakthrough DJ Of The Year award at the DJ Awards in Ibiza.


David Adedeji Adeleke popularly known by his stage name Davido, is one of the most influencial musical artist in Nigeria and in Africa. The young musician was born in Atlanta, Georgia, on November 21st, 1992. He is famously known for his incredible songs, which has earn him the much needed fame and wealth.

As per Forbes ranking, Davido has a considerable measure of money, adding to his $40 million net worth value.


Wizkid is another Nigerian multi-national singer. His real name is Ayodeji Ibrahim Balogun, and he is a skilled and prolific musical artist. He was born on June sixteenth, 1990, and is right now one of the most richest musician in Africa.

WizKid has a net worth value of $30 million. His additional connections and supports likewise acquire him extra money, and he is also a brand ambassador for Pepsi.


Don Jazzy is another Nigerian entertainer in the list. He was born on November 26th, 1982. The prolific singer goes by the real name Michael Collins Ajereh.

Don Jazzy is a producer and a record owner. With this being the case, despite the fact that he has not much songsb of his own, he is among the most richest in Africa. The Mavins Record CEO has won various honors all through his profession, including when he was selected for the MTV awards.


Rudeboy is a long standing musical artist in the Nigerian entertainment industry. He was born on November eighteenth, 1981, as Paul Okoye.

Rudeboy has a twin brother Peter, who were previously a music duo known as P-Square. Together they made it as the most successful duo in the Nigerian music industry history.

Rudeboy is one of the most richest musician in Africa. Rudeboy’s personal net worth is now assessed to be $16 million. He owns a chateau in Parkview bequest in Lagos, Nigeria, and drives numerous outlandish vehicles.


2Face is another iconic and long standing musical artist. He has a real name as Innocent Ujah Idibia, and he was born on September 18th, 1975, in northern Nigeria.

2 Face is a popular Nigerian entertainer, record maker, artist, and lyricist. His journey into music started when he joined the Nigerian R&B group, Plantashun Boyz. Notwithstanding, he acquired popularity in 2006 through his single African Queen.

2Face has won up to 40 awards during the course of his music career. He is also a brand ambassador of Guinness brands, which acquired him $125,000, and Airtel which earn him $139,000.  Right now, 2Face has an estimated net worth of $15 million and is viewed as one of the most affluent musical artist in the continent.


Mr. P is one of the most richest musician in Africa. He is a brother to Rudeboy who both were the former P-Square.

Peter Okoye is a very affluent musical artist with a current net worth assessed to be $11 million. He possesses exquisite properties and owns chateaus worth 2 billion naira and an assortment of a few luxurious vehicles.


Dapo Daniel Oyebanjo was born on June ninth, 1980. He is a prolific musician known by his stage name D Banj, otherwise Koko Master. The musical artist is a well known Nigerian artist, musician, business visionary, and TV presenter.

D Banj has a net worth of $11 million , he earns this position as one of the most richest musicians in the African continent. The millionaire has won a few honors as a performer.


Those were the most richest musicians in the African continent. A peek at this list, it’s crystal clear that Nigerian artistes make up 70%. This goes to show how the country’s entertainment industry has been thriving and turning these notable figures into millionaires.

Mfonobong Daniel

Daniel is an Editor on Nigerian Infopedia who craves for writing, researching and also watching soccer.

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