Let’s dive into the crème de la crème of Afrobeat, the top 10 highest-paid artists who are paving way for upcoming artists and taking Afrobeats to Global level.
1. Burna boy: Networth – 90 million dollars, Endorsement deals with Pepsi recently signed in for over 1.2 million dollars Annually.
Other brands including Chivas regal, Star larger beer and Boohooman estimates is over 2 million dollars annually.
Show bookings: Earns $1 million per international show, with major venues like Madison Square Garden.His notable achievement is the Grammy winning Global Recognition.
2. Davido: Net worth – 80 million dollars, His albums and other singles tracks brings in Over $20 million across Spotify, Apple Music, YouTube, Audiomack, and Boomplay.
Few days ago, Davido was invited to India to perform at a royal ceremony which he was reportedly paid 10million dollars.
Endorsement deals with Martell and GAC motors $5 million each annually, which including other endorsements with Infinix, Pepsi, Puma and others worth 1 million dollars and above.
3. Wizkid: Networth – 70 million dollars, Essence alone has 1 billion streams on Spotify contributing to 5 million dollars, endorsement deals with Tecno and UBA worth over 3million dollars annually.
Show Bookings: Charges up to 750,000$ per show internationally and 50,000 to 100,000 dollars locally.
Show bookings: Charges 1 million dollars per show internationally and of course he regularly sells out venues like London’s O2 arena.
4. Black coffee: Net worth – 60 million dollars, According to him, he said he earns 6.8million dollars over the course of Ibiza season which lasts from May till October.
Endorsement deals with brands like AXE and Ballentine. He is a South African who blends Afrobeat with other genres including afrohouse and deep house.
Show bookings: Earns $400,000 per show, His notable achievements is the Grammy winning Global recognition.
5. Don Jazzy: Net Worth – $50 million, Founder of Mavin Records, home to artists like Rema and Ayra Starr.
Though he sold majority of Mavins stakes to UMG up to at 200million dollars to further expand the company as its going Globally.
6. Mr eazi: Networth – 30million dollars, Endorsement deals, Mr eazi has secured several endorsement deals with various brands throughout his career, which have contributed to his wealth.
Mr Eazi show bookings ranges from 50,000$ to 75,000$.
7. Olamide: Networth – 22 million dollars, He signed sn endorsement deal with an American company Empire in 2020 which the deal was rumored to be millions of dollars but it’s not disclosed.
Show bookings: 100,000$ per show and 40million locally.
8. Rema: Net worth – 15 million dollars, After calm down surpassed 2 billion streams with a calculation of just his top 5 highest streamed singles is estimated to worth over 9 million dollars.
Show bookings: 150,000$ per show.
9. Asake: Net worth – 13 million dollars, His Hits like “Sungba” and “Peace Be Unto You” dominate platforms made him millions of dollars.
Show bookings: 200,000$ per show.
10. Tiwa: Net worth – 11 million dollars
Endorsement deals with Pepsi and Tecno is deal worth is not publicly disclosed. However Tiwa savage has gained Global recognition for her recent event in coronation of the King Charles III in United Kingdom.
Show bookings: 100,000$ per international show.
These artists have proven that Afrobeat is more than just a genre, it’s a global movement. With their impressive earnings, they’re not just making music; they’re building legacies and securing their spots as international superstars. Whether through streaming, live performances, or lucrative endorsements, Afrobeat’s biggest names are setting the stage for even greater success in the future.
