Forbes Top 10 Richest Musicians in Africa 2023

Last Updated on February 27, 2023

Forbes magazine released the list of the 10 richest African musicians in 2022 and their net worth. Musical artists are worth billions of shillings and come mainly from West and South African regions. Senegalese Youssou N’Dour and Akon top the list with a net worth of KSh17.4 billion and KSh9.6 billion respectively.

Top 10 Richest Musicians in Africa

African music industries are one of the rising music industries globally due to the increased number of talented musicians from different parts of Africa working hard to bring out the best songs

They have made African music inherited from the best old African musicians more advanced, reigning globally. Presently, African musicians compete with other musicians worldwide and have won some of the world’s grammy awards.

These musicians have released so many amazing songs of different types that are played around Africa and worldwide. These musicians have also earned so much money from their music careers to become one of the richest musicians in their various African countries.

They have also gone on to become the richest musicians in Africa with substantial net worth. In this article, we have compiled the list of the top richest musicians in Africa 2023.

Top 10 Richest Musicians in Africa In 2023

Forbes Magazine’s list of the top 10 richest African musicians in 2022.

1. Youssou N’Dour

Youssou N’Dour is a Senegalese musician, songwriter and occasional actor.

He is also a businessman and a politician, born on October 1959. The oldest musician, according to Clacified.

N’Dour tops the Forbes list of the richest African artists with a net worth of $145 million (KSh 17.4 billion).

2. Akon

Aliaune Damala Badala Akon Thiam is the second richest African artist, with a net worth of $80 million (KSh 9.6 billion).

Akon was born in 1973 in Dakar, Senegal and rose to music prominence as a singer and songwriter in 2004.

He is a music producer and an entrepreneur.

3. Black Coffee

Nkosinathi Innocent Sizwe Maphumulo, commonly known as Black Coffee, is a South African musician and songwriter.

Black Coffee became third on the Forbes top 10 list of the richest musicians with a net of $60 million (KSh 7.2 billion).

He is a music producer and a DJ and won two DJ Awards since he joined the music industry in 1994.

4. Wizkid

Ayodeji Ibrahim Balogun, alias Wizkid, net worth, according to the Forbes list, is $21 million (KSh 2.5 billion).

The Nigerian bagged many brand ambassador endorsements with MTN Nigeria and GLO, which earned him $240,000 million (KSh 28.8 trillion).

5. Davido

David Adeleke became the fifth on the list of the richest African musicians in 2022, posting $19 million (KSh 2.3 billion).

In 2021, the Nigerian bagged the highest earnings of between $20,000 (KSh 2.4 million) in Nigeria and $30,000 (KSh 3.6 million) on international shows.

6. Don Jazzy

Collins Michael Ajereh, popularly known as Don Jazzy, is worth $18 million (KSh 2.2 billion).

The Nigerian is a music producer and entrepreneur known to uplift upcoming artists.

7. Burna Boy

Damini Ebunoluwa Ogulu’s net worth is estimated at $17 million (KSh 2.04 billion).

Popularly known as Burna Boy, the Nigerian singer and songwriter hit the music industry in 2012.

8. 2Face Idibia

Innocent Ujah Idibia, known by his stage name 2Face Idibia, is estimated to be worth $16 million (KSh 1.9 billion).

The Nigerian won the MTV Music Award, Headies and BET Awards, which earned him great fortunes in the music industry.

9. Rude Boy

Paul Okeye, alias Rude Boy, was ranked position nine in the Forbes top 10 richest African musicians, with a net worth of $16 million (KSh 1.9 billion).

The musician rose to music prominence in partnership with his brother Peter Okeye, popularly known as P-Square.

10. Timaya

Inetimi Timaya Odon is estimated to be worth $12 million (KSh 1.4 billion).

The Nigerian is best known as dancehall king and bagged several awards that earned him a fortune in the Nigerian music industry.


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