AFRICA’S TOP 5 RICHEST MUSICIANS (2024)

In the dynamic world of African music, certain individuals stand out not only for their talent but also for their extraordinary financial success. Drawing from data compiled by Forbes and reported on Naijaforum.com, let’s delve into the top five wealthiest musicians on the African continent.

1. Youssou N’Dour
   At the forefront is Youssou N’Dour from Senegal, boasting an impressive net worth of $145 million. The Senegalese icon has amassed his wealth through a diverse portfolio, stemming from his illustrious career as a musician, songwriter, composer, and politician. Notably, N’Dour’s contributions to global music, coupled with his involvement in politics and ventures in acting and producing, have solidified his status as a living legend in African music.
2. Akon
   Following closely is Aliaume Thiam, widely known as Akon, with a staggering net worth of $80 million. The Senegalese-American artist has left an indelible mark on the music industry with his chart-topping hits and entrepreneurial endeavors. Akon’s eclectic musical style, blending R&B, hip-hop, and African influences, has garnered worldwide acclaim, propelling him to fame with his debut album “Trouble” in 2004.
3. Black Coffee
   Nkosinathi Innocent Maphumulo, also known as Black Coffee, emerges as the richest musician in South Africa and the third wealthiest African musician, with a net worth of $60 million. Renowned for his prowess as a DJ, record producer, and owner of Soulistic Music Record Label, Black Coffee’s musical genius has earned him widespread recognition and immense success.
4. Wizkid
   Ayodeji Ibrahim Balogun, popularly known as Wizkid, claims the fourth spot on the list with a net worth of $30 million. This international Afrobeat sensation has captivated audiences worldwide with his infectious music and heartfelt lyrics, solidifying his status as one of Nigeria’s biggest stars. In addition to his music career, Wizkid has diversified his investments into various businesses, including technology and fashion.
5. Davido
   Breaking into the top five is David Adedeji Adeleke, aka Davido, boasting a net worth of $28 million. Davido’s meteoric rise to wealth began with his breakthrough in the music industry, propelled by chart-topping hits and a massive social media following. Alongside his music endeavors, Davido has ventured into fashion and real estate, further cementing his position as one of Africa’s foremost music moguls.

^{Source: Forbes via Naijaforum.com}