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Top 5 Richest Afrobeat Stars in 2021 according to Forbes

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The Nigerian music firm has soared to the highest level following how its image is the most enchanting form of all.

This has also reshaped the image of the artists who push for the buoyancy of the firm.

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In recent years, Nigerian music firm has established penury status to billionaires making it possible to stake competitors.

In this article, we would outline these 5 Afrobeat stars who have emerged as the billionaires of the Afrobeat forum.

If you muse to know the top 5 richest Afrobeat maestros in 2021 according to Forbes, check out below;


$25. 5 million

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The Nigerian songwriter and singer who is known poorly as David Adeleke in no doubt is the richest Nigerian artist having established his fame.

He was born in Atlanta, Georgia United States where she grew up before migrating to Nigeria where his music journey spanked.

He was at first a music producer before giving singing a try which resulted in buoyancy.  His debut album “Omo Baba Olowo” which its hit single “Dami Duro” gifted him a massive fan base and he became one of the best in the Nigerian music firm.

So far Davido has condoned several shows, he was paid over 20 million and have also bagged multiple ambassadorial deals which have reshaped his net worth.

According to Forbes as of 2021, his net worth is estimated at $22. 5 million making him the richest Nigerian Afrobeat star. It has also acquired him luxurious properties like a private jet, houses and cars.


$22.1 million

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The Nigerian Grammy award-winning singer and songwriter who is identified poorly as Ibrahim Balogun Ayo also has earned his place as one of the Nigerian Afrobeat Billionaires.

He was born in a penury polygamous family in Lagos Ojuwelegba where he grew up and acquired his primary and secondary education. His ambition for music started very early following how he managed to release an album with the team he formed with his church friends.

Wizkid rose to the limelight after deploying enough qualities on his debut album “Superstar” whose lead single “Holla at your boy” earned a massive fan base to him.  From such a peak, he pushed his status in consistency and emerged as the boss.

Today, Wizkid has bagged multiple endorsement deals that range to millions of dollars and have performed at many shows. This has established him as the boss.

His net worth reads over $22.1 million as estimated by Forbes recently.

Burna Boy 

$19 million

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The “Ye” crooner who is known poorly as Damini Ebunoluwa Ogulu also have joined in the status of the Nigerian Afrobeat Billionaires having proven his qualities.

He was born in Port Harcourt where he grew up and acquired his education. His zeal to become a professional singer kept him consistent in the entertainment forum and he reshaped his singing qualities.

He bagged a record deal that offered him the opportunity to prove his worth. He did prove his worth and deployed enough quality songs. The song that offered him fame was his debut single “Like to Party”_ a hit track off his debut album L.I.F.E.

Since his fame spanked Burna Boy has reached a milestone of bagging several major music awards including a Grammy Award. This has often reshaped his net worth and established him as an Afrobeat billionaire.

His net worth is estimated at a tally of $19 million making him the third richest Afrobeat musician according to Forbes.

Don Jazzy

$18.5 million

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Michael Collins Ajereh who is popularly known as Don Jazzy also has earned his place as of one the Afrobeat billionaires having reformed his empire.

He was born in Umuahia where he grew up and relocated to Lagos State amidst his aspiration to establish himself. After striving for his peak in Lagos, he relocated to London

Before his fame, he served in the Mc Donalds where he worked as the security man before moving back to Nigeria to establish his own record label ‘Mo hit’ with colleagues D’Banj, D’Prince. They separated and went solo that thrust his own record label ‘Mavin Records’ where he has dished out stars like Tiwa Savage, Rema, Arya Starr, korede Bello and Reekado Banks.

From the endorsements and deals he has bagged so far, his net worth has risen to a tally of $18.5 million making him the fourth richest Afrobeat maestro in Nigeria.

2 Baba

$16 million


The Nigerian songwriter and singer known as one of the fathers of the Nigerian music firm have also established his status as a member of the Afrobeat billionaires.

After he separated from the Platinum Boys and went solo. His fame rose when he released his debut album Face to Face. The qualities in the album thrilled many people and he earned a rigid fan base.

He went further and bagged multiple music awards and endorsements which reshaped his career.  To date, 2 Baba have infused his net worth and emerged as one of the Afrobeat singers that are recognised as billionaires.

His net worth is estimated at $16 million making him the 5th richest afrobeat musician in Nigeria.

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