Who are the richest musicians in Africa? William Shakespeare once wrote that music is the food of the soul. But have you ever wondered who the richest African musicians are? Well we got the answers! Nigerians have four musicians on the list of the top ten richest musicians in Africa. With endorsement deals, concerts promoters and big companies looking for brand ambassadors, musicians in Africa are getting richer by the day. Here are the top ten richest musicians in Africa.
1) Youssou N’Dour
Youssou takes number one spot on the list of richest African musicians. Born 1 october 1959, Youssou is a Senegalese singer , composer, percussionist, politician and talented musician. He has been described by Rolling stone Magazine as ‘perhaps the most famous singer alive” in Senegal and much of Africa’ . Youssou has the investments in real estate and owns the biggest media house, radio and TV stations in Senegal.
In April 2012 He was appointed tourism and culture minister in the cabinet of new Prime Minister Abdoul Mbaye. Youssou was instrumental in the development of the brand of Senegalese music known as as mbalax.
Psquare is one of the richest musicians in Nigeria. Psquare composed of Nigerian twins, Peter and Paul, are the second richest musicians in Africa. They own a luxurious home in Lagos worth over 3 million dollars. They also own a house in San Francisco worth over 1.7 million pounds. In 2012 they were named the Artist of the year at the KORA All Africa Music Awards and they received 1 million dollars for winning the award.
In December 2011, the duo signed a mouth watering deal with Akon Konvict Music. Psquare are ambassadors for Globacom telecommunication in Nigeria and are said to charge over $150 ,000 per show. Psquare fly their own airbus private jet and make most of their money from concerts across Africa. They recently concluded a concert in Chicago and they try to spend as much time as they can with their family before travelling. peter okoye recently proposed to his long time girlfriend Lola Omotayo with a 15 million brand new SUV. According to their Jude Okoye, Psquare’s elder brother, Paul is more on the reserved side while Peter is on the social side. Peter is like a socialite, outgoing person more than Paul. Peter has the motivating drive.
Psquare also engage in Philanthropic acts. They visited and donated 5 million Naira to OJB( a Nigerian music producer) to aid him towards his kidney operation in India. Some of Psquare’s hits include songs like ‘’Temptations’’, ‘’personally’’, ‘’No body be like you’’, and ‘’Chop my money’’ which featured Akon on the Remix.
Dbanj also known as the koko master is internationally well known for his smash hit song ‘’Oliver twist’ which was number 2 on the UK R&B chart. Dapo Daniel Oyebanjo popularly known as D’banj was born June 9, 1980. He is a Nigerian musician, song writer, harmonica player and businessman. He has won several music awards including the awards for the Artist of the Year at the MTV Africa Music Awards in 2009.
In 2011 he won the BET Awards of 2011 for Best International Act. Dbanj is not only a talented musician, he is also business man. He owns Koko Water, Koko Garri, Koko mobile and a host of other Koko products. He became the first African musician to be signed to Kanye West Good Music label. In 2013 he was unveiled as the Headliner for Hennessy 2103 Artistry. D’banj has a home in Atlanta reported to be worth $15 million dollars and he charges over 100, 000 dollars per show.
4) Koffi olomide
Antoine Christophe Agbepa Mumba popularly known as Koffi Olomide is from the Democratic republic of Congo. He is one of the richest musicians in Africa. . He is a talented musician, dancer, producer, and composer. He was born on Friday, July 13, 1956 and has built a large body of fans across Africa. Koffi has sold millions of records and has over 7 albums to his credit. His album Haut de Gamme: Koweït, Rive Gauche is listed in 1001 Albums You Must Hear Before You Die.
5.) salif keita
Salif Keïta (born August 25, 1949) is an afro-pop singer-songwriter from Mali. He takes the sixth spot on the list of richest musician in Africa. Those who are familiar with Salif Keita have spoken of his humility despite his riches. Salif story is quite unique and remarkable. Because of his albinism, a sign of badluck in Mandinka culture, He was cast out by his family and ostracized. In 1984 He moved moved to Paris to reach a larger audience with his music. Often referred to as the “Golden Voice of Africa” , Salif is also a direct descendant of the founder of the Mali Empire, Sundiata Keita. This royal heritage meant that under the Malian caste system, he should never have become a singer. Salif Keita has investments in real estate and owns his own private island in France.
6) Fally Ipupa
Fally Ipupa is one of the richest musician in Africa. He is an award winning singer from the Democratic Republic of the Congo. He was originally part of the band of Koffi Olomidé, from 1999 to 2006 before starting a solo career. Ipupa won the Kora Music Award in 2007 for Best Artist or Group from Central Africa. In 2010, Fally Ipupa won the MTV Africa Music Awards 2010 for Best Video (for Sexy Dance) and Best Francophone. Fally Ipupa is credited for modernizing the Lingala music and He is a poster boy for a number of clothing brands in Paris, where he also performs at sold out shows, making a lot of money.
7) 2face Idibia
Nigerian music star Tuface Idibia takes the number 7 spot on the list of the richest musicians in Africa. In the recent Forbes report on the most bankable artiste in Africa, Tuface Idibia made the cut. He is a multi-award wining musician and one of the most decorated hip pop artists in Africa. He is popularly known across Africa for his song ‘’African Queen’’. Tuface has won 1 KORA award, 1 MTV Europe Award, 1 world Music Award, five Headies Awards (Hip-hop award), four Channel O Music Awards and one BET award 4 MTV Africa Music Awards, 1 MOBO award, and numerous additional nominations.
The African Queen crooner has a vast investment in real estate across Nigeria, earns around $50k to $80k per show and owns a night club in Nigeria. In 2009, he was presented with the prestigious International Youth Ambassador for Peace Summit and the Nigeria Youth Merit Award by the National Youth Council of Nigeria in recognition of his contributions to youth development in Nigeria.
8) Hugh Masekela
Hugh Ramopolo Masekela (born April 4, 1939) is a multi award winning South African trumpeter, singer flugelhornist, cornetist and composer. Masekela has sold millions of records and owns a professional studio in Botswana. In addition he makes money from appearances in major festivals across the world and the sales of his albums. Masekela has been described as one of the most talented Jazz artists in Africa. In 1968 He was nominated for a Grammy Award in the “Best Contemporary Pop Performance – Instrumental” music category. 32 years after he was honoured by President Zuma with the highest order in South Africa: The Order of Ikhamanga,
In 2011 Masekela received a Lifetime Achievement award at the WOMEX World Music Expo in Copenhagen for his contributions to music
9) Banky W
Olubankole Wellington , popularly known as Banky W, was born in the united states on March 27 1981. He is the CEO of Empire Mates Entertainment (E.M.E.) record label and R& B artist. He is often refereed to as the king of R & B in Nigeria. He is also a published writer, and some of his articles have been featured in numerous Nigerian magazines, newspapers and websites. As a philanthropist, he launched the “I AM CAPABLE” scholarship fund, which provides tuition, room & board at private universities for youth who are in need and meet the grade requirements
Majority of Banky’s money comes from gigs . sales of records, and endorsement deals. Banky has a lucrative ambassadorial deal with Samsung Mobile. In Feb 2013, he signed a second deal with Samsung Electronics West Africa which is valued at over a 140 million Naira. Officials of Samsung have described Mr Wellington as one who represents the values Samsung stands for which is his quality, depth of work and versatility as an artiste that has endeared him to fans in and outside Nigeria. Wizkid, one of the richest musicians in Nigeria, was once signed to Banky’s record label, Although wizkid has began his own label called star boy record, it is believed that he still has an agreement with EME Records.
Banky W is award winning musician.
10) Jose Chameleone
Joseph Mayanja kpopularly known as Jose Chameleon Is a Ugandan Afrobeat and reggae Musician. He is the biggest money maker in East Africa and owns a luxurious mansion in the outskirt of Kampala. Jose is the East African heavy weight and self proclaimed music Doctor. He was born on 1 January 1979 and is known by other stage names such Joe Chameleon or simply Chameleone (sometimes spelled Chameleon). He is one of the most popular Ugandan musicians of the 21st century and enjoys strong popularity in many Africa country. He has a number of expensive cars in his car collections.
Chameleone sings in Luganda, English and Swahili. Several of his songs have yielded popular catchphrases, including Basiima Ogenze, Shida Za Dunia, Nekolera Maali and Badilisha. In 2013 he was nominated for the prestigious African Entertainment Awards.