Hey there music lover! Have you ever wondered just how much cash Nigeria’s biggest musical export Wizkid net worth? We’re talking hard figures here – massive piles of naira, dollars, and pounds that would make your head spin. The Starboy’s got it all – mansions, fast cars, and more bling than you can shake a diamond-encrusted stick at. But where’s it all coming from? How’s he raking in the big bucks? Well strap in, because we’re about to break down exactly how much Wizkid is worth, and how he built his money-making empire. From huge record sales to ultra-lucrative endorsement deals, we’ll uncover the secrets to Wizkid’s massive net worth. Think you know how rich this Afrobeats icon really is? Read on and find out!
Wizkid’s Profile Summary
| Name | Wizkid |
| Net Worth (2024) | $4 Million (INR 33 Cr) |
| Profession | Nigerian singer |
| Monthly Income | $40,000 + |
| Yearly Income | $0.5 Million + |
| Last Updated | 2024 |
Wizkid, born Ayodeji Ibrahim Balogun, is one of Nigeria’s hottest musical exports. This Lagos native got his start in the music biz at just 11 years old and was quickly signed by Empire Mates Entertainment. His debut album, Superstar, dropped in 2011 and was a huge success, cementing his status as an Afrobeats star on the rise.
Empire Mates Entertainment
After linking up with EME as a teen, Wizkid began honing his craft and developing his signature sound. His first single under EME, “Holla at Your Boy,” was a major hit and helped launch his career. His debut album, Superstar, featured more crossover collaborations and propelled Wizkid to stardom in Nigeria and beyond.
International collaborations
Wizkid is known for genre-bending collaborations with major stars like Drake, Chris Brown, Wale, and Tyga. His 2014 single “Ojuelegba” caught the attention of Drake, who hopped on the remix and helped expose Wizkid to wider audiences. The two have since collaborated on other singles like “One Dance” and “Come Closer.” These strategic partnerships have been key to Wizkid’s success and crossover into Western markets.
Major milestones
In 2017, Wizkid became the first Afrobeats artist to headline a sold-out show at London’s Royal Albert Hall. He’s also won several awards, including BET, MOBO, and MTV EMA awards. His 2018 Nike jersey collaboration sold out in just 10 minutes, highlighting his massive cultural influence. Forbes has recognized Wizkid as one of the most influential young artists in Africa.
With major collaborations, sold-out shows, and numerous accolades under his belt, Wizkid has solidified his status as an international Afrobeats superstar and shows no signs of slowing down. His widespread mainstream success has also helped bring African music to global audiences like never before. Wizkid’s future remains bright, and the best may still be yet to come from this Nigerian hitmaker.
Wizkid Net Worth in 2024
Music Royalties
By 2024, Wizkid will have released six studio albums and over 200 songs. With streaming now the norm, his extensive back catalog will continue generating revenue through music royalties. According to recent reports, Wizkid earns over $1 million annually from streaming services like Spotify, YouTube, and Apple Music.
Lucrative Endorsements
Wizkid’s endorsement deals are a major contributor to his wealth. He currently has deals with Nike, Ciroc, and Glo worth over $5 million annually. His Nike deal is set to be renewed in 2023 for another 5 years. Industry experts project endorsement deals to make up at least 50% of Wizkid’s income over the next few years.
Business Investments
Wizkid has stakes in companies like Cîroc, sports betting firm BetKing, and fintech startup Flutterwave. While the exact details of these investments are not public, Wizkid’s business manager indicates they generate “significant returns” and will play an even bigger role in Wizkid’s wealth going forward.
Real Estate Assets
Wizkid owns properties in Lagos, London, and Los Angeles worth over $10 million. His Lagos mansions and London apartments have appreciated significantly in value over the years. With plans to purchase more property, real estate will likely be a major component of Wizkid’s net worth in 2024 and beyond.
Overall, with his music, endorsements, investments, and real estate assets, Wizkid is well on his way to significantly growing his wealth over the next few years. While not at the level of contemporaries like Davido or Burna Boy yet, Wizkid’s projected net worth of $30 million in 2024 will cement his status as one of Nigeria’s wealthiest musicians under 30. Also Read: Techno Gamerz Net Worth.
Wizkid’s Sources of Wealth
| Wizkid Net Worth in 2024 | $4.0 Million |
| Wizkid Net Worth in 2023 | $3.5 Million |
| Wizkid Net Worth in 2022 | $3.0 Million |
| Wizkid Net Worth in 2021 | $2.5 Million |
| Wizkid Net Worth in 2020 | $2.0 Million |
| Wizkid Net Worth in 2019 | $1.5 Million |
Music Sales and Streaming
Wizkid makes a sizable chunk of money from music sales, especially from streaming. His songs rack up millions of plays on platforms like YouTube, Spotify and Apple Music. According to Forbes, Wizkid made $3.7 million in 2019 from 46 million streams in the US alone. His hit song “Come Closer” has over 500 million views on YouTube. As streaming continues to dominate music consumption, Wizkid’s streaming numbers—and income—will likely only go up.
Live Performances and Tours
Wizkid is one of the most sought-after performers in Afrobeats, frequently touring around the world. His live shows attract huge crowds; he has performed in front of over 20,000 people at London’s O2 Arena and over 15,000 at Paris’ AccorHotels Arena. Wizkid can make up to $50,000 per show on tour. He also headlines major music festivals, like Coachella in the US and Wireless Festival in the UK. Live performances are a major moneymaker for Wizkid.
Endorsements and Partnerships
Wizkid has endorsement deals with major brands like Nike, Dolce & Gabbana, and Pepsi that contribute significantly to his wealth. His Nike deal is reportedly worth over $1 million. Wizkid has also partnered with brands in Nigeria, like telecom company Globacom. These brand deals leverage Wizkid’s popularity and social influence, especially among youth. As Wizkid’s fame grows worldwide, his endorsement potential will likely skyrocket.
Between his music, live shows, and commercial deals, Wizkid has built an empire and established himself as a pioneer of the Afrobeats genre. His success and mainstream appeal have paved the way for other African artists to find a global audience. And at just 30 years old, Wizkid’s reign seems to just be getting started.
Wizkid’s Music Career
Starting Young
Wizkid displayed an interest in music from an early age. He started recording music at just 11 years old and dropped out of college to pursue his musical dreams full-time. His first album, a collaborative effort called Lil Prinz, was released in 2001 when Wizkid was only 11. Even at a young age, Wizkid was determined to become a star.
Finding Success
Wizkid’s debut studio album Superstar was released in 2011 and was a huge success in Nigeria. The album spawned numerous hit singles like “Holla at Your Boy,” “Tease Me/Bad Guys,” and “Don’t Dull.” The success of Superstar established Wizkid as a leading artist in Nigeria’s music scene and one of the pioneers of the Afropop genre.
Going Global
Wizkid achieved international fame in 2016 thanks to his collaboration with Drake on the hit single “One Dance.” The song reached number one on the Billboard Hot 100, making Wizkid the first Nigerian artist to have a number one song in the US. Wizkid’s third album, Sounds from the Other Side, was released later that year and incorporated more western pop and R&B influences. The album was well received globally, demonstrating Wizkid’s ability to blend Nigerian and western pop styles.
Continuing to Rise
Wizkid has become an icon of Afropop music and has worked with artists like Beyoncé, Chris Brown, and Major Lazer. He continues to release hit singles and albums, with his most recent studio album Made in Lagos dropping in 2020. Wizkid’s widespread fame and success have established him as one of the leading Afropop artists in the world. Through talent, hard work, and determination, Wizkid has achieved his childhood dream of becoming a superstar. Also Read: Tushar Silawat Net Worth.
Wizkid’s Lifestyle and Spending
Wizkid is known for living lavishly and enjoying the finer things in life. With several hit songs and albums under his belt, he has amassed a small fortune that allows him to spend freely.
Properties
Wizkid owns several homes in Nigeria, as well as places in the US and UK. His Lagos mansion is worth over $2 million and features six bedrooms, a home theater, and an outdoor pool. He also owns luxury apartments in London and Los Angeles.
Cars
Wizkid has an impressive car collection, including a Porsche Panamera, Bentley Continental GT, Mercedes Benz G-Wagon, and a BMW X6. His cars are often seen in his music videos and social media posts. Wizkid reportedly spends over $200,000 on new vehicles each year to keep his collection up to date.
Brand Endorsements
A large portion of Wizkid’s income comes from brand endorsements and sponsorships. He has signed deals with Pepsi, Guinness, Nike, and Dolce & Gabbana. These contracts are estimated to bring in $500,000 to $1 million annually. Wizkid frequently promotes these brands on social media to his over 10 million followers.
Lavish Parties
Wizkid is known for hosting extravagant parties and events. For his 28th birthday in 2018, he threw a party in Lagos that cost over $100,000. The event featured luxury decor, an expensive champagne bar, and performances by other Nigerian artists. Wizkid spares no expense when it comes to celebrating, often flying in friends and collaborators from around the world to join the festivities.
With his lavish spending and opulent lifestyle, it’s no wonder that Wizkid has already amassed a multi-million dollar fortune at such a young age. However, if he continues earning at his current pace and investing wisely, Wizkid’s net worth will likely skyrocket even further in the coming years.
Who is the richest artist in Africa?
If we’re talking richest musicians in Africa, Nigerian artists like Wizkid and Davido come to mind. Wizkid has an estimated net worth of $4 million, while Davido comes in at $28 million. However, the richest artist overall is South African DJ Black Coffee with $16 million.
Wizkid: The Starboy
You probably know Wizkid from hits like “One Dance” with Drake and “Come Closer” with Chris Brown. The Nigerian singer and songwriter has won several awards, including BET, MOBO, and MTV EMA awards. His real name is Ayodeji Ibrahim Balogun, but you can call him Starboy.
Wizkid owns expensive houses in Lagos, including a N13 million mansion. He also has a car collection featuring a Porsche Panamera, BMW X6, Mercedes Benz G-Wagon, and Bentley. His brand endorsements with the likes of Pepsi, MTN, and Guinness have contributed to his wealth.
While not quite as rich as Davido, Wizkid is still one of the top 5 wealthiest musicians in Africa. His early start in music, hit songs, brand deals, and entrepreneurial ventures have built his fortune. Wizkid founded Starboy Entertainment, a record label home to artists like Maleek Berry and Terri. He also has his own clothing line called Starboy Clothing.
Black Coffee: The King of Afrobeats
Black Coffee, real name Nkosinathi Maphumulo, is a South African DJ and record producer. He’s considered the “King of Afrobeats,” helping bring the genre to mainstream audiences. Black Coffee has won a BET Award and SAMA, and earned six Grammy nominations.
In addition to music, Black Coffee owns businesses like a music production studio, recording label called Soulistic Music, and a merchandise company. He also has endorsement deals with brands like Mercedes Benz, representing their new electric EQC model. Black Coffee’s success and ventures beyond music have led to his position as the richest artist in Africa.
While Wizkid and Davido are music icons, Black Coffee reigns supreme in overall wealth thanks to his diverse revenue streams and entrepreneurial drive. His journey from humble beginnings to stardom and fortune is an inspiration, showing what’s possible with hard work and vision. Black Coffee paved the way for Afrobeats to spread globally, and he continues reaching new heights in his career. Also Read: Tech Burner Net Worth.
Is Wizkid a billionaire?
While Wizkid has amassed an impressive fortune over his career, he has not quite reached billionaire status yet. His net worth is estimated around $45 million currently.
Music sales and streaming
The bulk of Wizkid’s wealth comes from his successful music career. He has released three studio albums, with a fourth on the way, and his music is streamed by millions globally. His hit song “One Dance” featuring Drake has over 1 billion streams on Spotify alone.
Although music streaming pays little, those huge numbers still translate to significant revenue. Wizkid also earns from physical and digital music sales, as well as songwriting credits.
Brand endorsements
Wizkid is also a popular brand ambassador for companies like Pepsi, GLO, and Nike. His endorsements deals are worth several million dollars combined. For example, his multi-year deal with Pepsi was reported to be worth $350,000.
Shows and tours
Wizkid generates income from live performances, touring, and shows worldwide. His major tours like the “Wizkid The Tour” and appearances at major music festivals have brought in millions in revenue over the years.
Investments
Wizkid has made some strategic investments and business moves to build his wealth. He invested in a mutli-million dollar beachfront apartment complex in Ghana and also launched his own record label “Starboy Entertainment” which features other up-and-coming Nigerian artists.
Though Wizkid lives an extravagant lifestyle with luxury cars, expensive jewelry and lavish vacations, his net worth of $45 million does not yet qualify him as a billionaire. However, at just 30 years old, Wizkid has built an impressive fortune and a long, successful career ahead of him. If he continues at this pace, billionaire status could certainly be on the horizon for the Starboy.
Who is the top 30 richest musician in Nigeria?
When it comes to the richest musicians in Nigeria, there are a few heavyweight contenders for the top spots. At the front of the pack is Burna Boy, with an estimated net worth of a whopping $80 million. Known for hits like “Ye” and “On the Low,” Burna Boy has become an international star and has won several MTV, BET and All Africa Music Awards.
Not far behind is Wizkid, with a net worth of around $65 million. Wizkid was the first Nigerian to hit 1 million followers on Twitter and has collaborated with major artists like Drake. His album “Empire Mates State of Mind” helped launch him to stardom with a tour across the US and Canada. Between music sales, streaming, endorsements and investments, Wizkid has built an empire as one of afrobeats’ biggest stars.
In third place, Davido has amassed an impressive $60 million net worth. Like Wizkid, Davido has collaborated with well-known artists like Chris Brown and appears frequently at major music festivals worldwide. His hit “Fall” has over 100 million views on YouTube. Davido owns his own record label called Davido Music Worldwide (DMW) which features other popular Nigerian artists.
Other contenders in the top 10 include 2Baba at $50 million, D’Banj at $40 million, P-Square at $40 million, 9ice at $22 million, Flavour N’abania at $18 million, Olamide at $12 million and Phyno at $11 million. The Nigerian music scene is hot, and these superstars are reaping the rewards of their talent and hustle. Their music is influencing culture worldwide, and they’ve built business empires that will keep the hits – and the money – coming for years to come.
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Wizkid Net Worth FAQs
Wizkid has come a long way since releasing his debut album “Superstar” in 2010. The Nigerian singer and songwriter has built up an impressive net worth over his career. Here are some frequently asked questions about Wizkid’s net worth and how he earned his fortune:
How much is Wizkid worth? Wizkid’s net worth is estimated to be around $4 million USD as of 2021. This includes income from music sales, streaming, touring, endorsements and investments. Wizkid was named on Forbes’ list of Africa’s richest musicians and continues to rank among the highest-paid artists in Nigeria.
How did Wizkid make his money? The bulk of Wizkid’s wealth comes from his successful music career. He has released four studio albums, won numerous awards like BET, MOBO and MTV EMAs, and worked with major artists such as Drake, Chris Brown and Beyoncé. Wizkid also earns money from brand endorsements with companies like Pepsi, Glo and Nike, and has invested in real estate.
What companies has Wizkid invested in? Wizkid has invested in real estate, owning houses and apartment buildings in Nigeria as well as Ghana. He also has stakes in entertainment companies like Starboy Entertainment, which he founded, and Disturbing London, a British-Nigerian entertainment company. Wizkid continues to invest in up-and-coming artists to help grow their careers.
What cars does Wizkid own? Wizkid has an impressive car collection including a Porsche Panamera, Mercedes Benz G-Wagon, BMW X6 and a Bentley Continental GT, reflecting his love of luxury vehicles. His car collection is estimated to be worth over $800,000 USD. Wizkid frequently posts photos of his cars on social media, showing his passion for high-end automobiles.
Between his music empire, brand endorsements, investments and lavish lifestyle, Wizkid has amassed an impressive fortune and cemented his status as an African superstar. His hard work and determination have paid off, allowing him to follow his passion while also providing financial security for himself and his family. Wizkid’s story is an inspiration, proving that with talent, vision and perseverance, you can achieve your dreams.
Conclusion
You’ve come a long way, baby. From humble beginnings in Lagos to headlining Coachella, you’ve shown the world how talent and hard work pays off. With homes around the globe and a net worth in the millions, you’re living proof that following your passion can lead to greatness. But you haven’t forgotten your roots. Your music still bumps with the sound of the streets where you got your start. And by lifting up other African artists, you’re paving the way for the next generation of stars to shine. We don’t know what the future holds, but one thing’s for sure – your star will keep rising. You made it, Wizkid. Now keep making history.
