12 Richest musicians in Africa (2024)

Music is a universal language that connects people from different parts of the world. Africa has produced some of the most talented musicians who have become global icons. These musicians have not only made a name for themselves but have also contributed to the growth and development of the African music industry.

In this article, we will take a look at some of the richest musicians in Africa, their net worth, and their contributions to the music industry.

Richest musicians in Africa 

Rank	Name	Net worth	Country
1	Youssou N’Dour	$140 Million	Senegal
2	Akon	$80 million	Senegal
3	RudeBoy	$60 million	Nigeria
4	Black Coffee	$60 million	South Africa
5	Flavour	$28 million	Nigeria
6	Wizkid	$20 million	Nigeria
7	Koffi Olomide	$18 million	Dr. Congo
8	Burna Boy	$17 Million	Nigeria
9	Davido	$16 Million	Nigeria
10	Mr. P	$15.2 Million	Nigeria
11	Fally Ipupa	$15 Million	Dr. Congo
12	2Baba	$15 Million	Nigeria

1. Youssou N’Dour

Networth: $140 Million

Youssou N’Dour ranks first on our list with $140 Million. He was born in Dakar, Senegal, known as a renowned African singer, songwriter, and composer who has made a significant impact on the global music scene. He is widely recognized for his rich voice, unique vocal style, and fusion of traditional African rhythms with modern pop sounds.

In addition to his musical accomplishments, N’Dour has also been actively involved in politics, advocating for democracy and human rights in Senegal. His extensive discography includes collaborations with numerous international artists, and he has performed in venues around the world, earning critical acclaim for his powerful and emotive live shows.

2. Akon

Net worth: $80 Million

Akon, a Senegalese-American singer, rapper, songwriter, and record producer, is known for his distinctive fusion of African and Western music styles. With hit singles like “Lonely,” “Locked Up,” and “Smack That,” he has amassed an estimated net worth of $80 million.

Beyond music, Akon is a shrewd entrepreneur who has invested in various ventures, including a diamond mine in South Africa. His multifaceted career has made him a prominent figure in both the music industry and the business world.

3. RudeBoy

Net worth: $60 Million

Paul Okoye, professionally known as RudeBoy, is a renowned Nigerian artist, known for his singing, songwriting, and performance skills. With an estimated net worth of $60 million, he has made a mark in the music industry. RudeBoy began his music journey as one half of the duo P-Square, alongside his twin brother Peter.

After their split in 2017, he has pursued a flourishing solo career, releasing numerous chart-topping tracks, including “Reason With Me” and “Audio Money.” His exceptional talent and hard work have made him a significant force in the Nigerian music scene.

4. Black Coffee

Net worth: $60 Million

Black Coffee is a South African DJ, record producer, and singer. He has an estimated net worth of $60 million. Black Coffee is known for his unique blend of African and Western music styles, and he has collaborated with several international artists, including Drake and Alicia Keys. He has released several hit albums, including “Pieces of Me” and “Africa Rising.”

5. Flavour

Net worth: $28 Million

Flavour, whose real name is Chinedu Okoli, is a Nigerian singer, songwriter, and performer. He has an estimated net worth of $28 million. Flavour is known for his unique blend of African and Western music styles, and he has released several hit songs, including “Nwa Baby,” “Ashawo,” and “Ada Ada.” He has won several awards, including the City People Entertainment Award for Musician of the Year.

6. Wizkid

Net worth: $20 Million

Wizkid, whose real name is Ayodeji Balogun, is a Nigerian singer, songwriter, and performer. He has an estimated net worth of $20 million. Wizkid started his music career at a young age, and he has released several hit songs, including “Holla at Your Boy,” “Ojuelegba,” and “Fever.” He has won several awards, including the BET Award for Best International Act.

7. Koffi Olomide

Net worth: $18 Million

Koffi Olomide is a Congolese singer, songwriter, and performer. He has an estimated net worth of $18 million. Koffi Olomide is known for his unique blend of African and Western music styles, and he has released several hit songs, including “Loi,” “Affaire D’Etat,” and “Micko.” He has won several awards, including the Kora Award for Best African Artist.

8. Burna Boy

Net worth: $17 Million

Burna Boy, whose real name is Damini Ogulu, is a Nigerian singer, songwriter, and performer. He has an estimated net worth of $17 million. Burna Boy is known for his unique blend of Afrobeat, reggae, and dancehall music styles, and he has released several hit songs, including “Ye,” “Anybody,” and “Gbona.” He has won several awards, including the BET Award for Best International Act and the MTV Africa Music Award for Best Male Artist.

9. Davido

Net worth: $16 Million

Davido, whose real name is David Adeleke, is a Nigerian singer, songwriter, and performer. He has an estimated net worth of $16 Million. Davido is known for his unique blend of African and Western music styles, and he has released several hit songs, including “Fall,” “If,” and “FIA.” He has won several awards, including the BET Award for Best International Act.

10. Mr. P

Net worth: $15.2 Million

Mr. P, whose real name is Peter Okoye, is a Nigerian singer, songwriter, and performer. He has an estimated net worth of $15.2 Million. Mr. P started his music career as part of the duo P-Square with his twin brother Paul.

However, the duo split in 2017, and Mr. P has since embarked on a successful solo career. He has released several hit songs, including “Cool It Down” and “My Way.”

11. Fally Ipupa

Net worth: $15 Million

Fally Ipupa is a Congolese singer, songwriter, and performer. He has an estimated net worth of $15 Million. Fally Ipupa is known for his unique blend of African and Western music styles, and he has released several hit songs, including “Sweet Life,” “Eloko Oyo,” and “Juste Une Danse.” He has won several awards, including the MTV Africa Music Award for Best Francophone Artist.

12. 2baba

Net worth: $15 Million

2Baba or 2Face, whose real name is Innocent Ujah Idibia, is a Nigerian singer, songwriter, and performer. He has an estimated net worth of  $15 Million. 2Baba is known for his unique blend of African and Western music styles, and he has released several hit songs, including “African Queen,” “Amaka,” and “True Love.” He has won several awards, including the MTV Africa Music Award for Best Male Artist.

Conclusion

The African music industry has come a long way, thanks to the efforts of these talented and dedicated musicians. From Youssou N’Dour to 2Baba, these artists have not only created hit songs but have also influenced the evolution of various music genres in Africa.

Their success and net worth are a testament to their hard work, dedication, and creativity. As the African music industry continues to grow, it is important to recognize and celebrate these musicians for their contributions to the industry and for inspiring future generations of musicians.