In the past decade, The African continent has experienced tremendous improvement in her quality of music.
With African musicians taking the music business to the international level, the music industry is now a money spinning sector for the African economy.
Presently, there are a lot of artiste who are earning big from the music business in Africa, and they have increased their reach to the international community- that they now feature and collaborate with international acts to produce quality music for their fans.
We have put together a list of the top 10 richest musicians in Africa, using criteria’s such as endorsement deals, popularity, sales, awards/recognition, appearance fee, influence, and so many other factors.
Check it out and let’s know your thoughts
Top 10 Richest Musicians In Africa And Their Net Worth
Born Olubankole wellington in the United States of America on the 21st march 1981. Mr Capable as he is fondly called is a Nigerian singer and song writer, who has 5 studio albums to his name. He won the R’n’b Single of the year at the 2010 hip hop world awards for ‘strong thing’.
With over 8 awards in his possession, this R’n’B sensation, is swimming in affluence. He was the first official Ambassador of Samsung electronics in Nigeria and he is currently a brand ambassador for CIROC ultra premium Vokda.
Banky W is the co-owner of his record label Empire Mates Entertainment (EME), and is estimated to be worth more than 6 million dollars.
Real name Panshak Zamani. This Nigeria born rapper, is a force to reckon with in the African music scene.
Born on the 30th of October, 1986 in Minna, Nigeria. This Nigeria hip/hop artiste rose to fame after he released ‘Oleku’ one of Nigeria’s most remixed song of all time.
Ice prince is currently signed to chocolate city records, and on 1st July 2015 he was named the Vice Chairman of chocolate city. With 3 studio albums to his name, his achievements include, one BET award, one Ghana music award, three THE HEADIES award, two Nigerian entertainment awards and two channel O Music Video award.
With a lot of endorsement deals over the years, ice prince zamani is currently a Plug N play ambassador and is estimated to be worth over 7 million dollars.
Born Michael Owusu Addo on the 10th of July 1988, in Tema Ghana. Sarkodie is a rap/hip-hop recording artiste. He was ranked as the 19th most influential Ghanian by e.tv ghana. He is often credited with been the pioneer of the Azonto genre and dance.
Sarkodie often raps in his native language TWI, and is celebrated as a multi talented artiste, due to the various musical styles he possess. He was ranked 8th on Forbes and channel O 2013 and 2015 list of the top 10 Richest/bankable African artiste.
On July 13, 2013, sarkodie launched his foundation THE SARKODIE FOUNDATION burdened with the task of supporting underprivileged children throughout Africa.
He currently owns his own record label called SARKCESS NATION, and with 4 albums to his name Sarkodie has Won numerous international and local recognitions including the BET award for best international act Africa in 2012 and 18 Ghana music awards.
Sarkodie has also proven himself to be a successful entrepreneur in addition to owning a record label the artiste also own a clothing line ( Sarks by yas clothing line) with accessories for men, women and children.
He is estimated to be worth more than 8 million dollars.
7. Anselmo Ralph
This Angola Born Singer picks the number 8 spot on our list of top 10 richest musicians in Africa. Born Anselmo Cordeiro on the 12th of march 1981, in Luanda Angola.
With 6 studio albums to his Credit, his latest album ‘O Melhor de Anselmo Ralph’ (2014) reached the gold disc in Portugal in just two weeks. This Angola superstar has won for himself a lot of international and local recognitions. In 2012 Coca-cola announced a promotional campaign featuring Anselmo Ralph, their first with an Angola national.
He won the best Lusophone category at the 2014 MTV Africa Music Awards. At the 2014 Angola Music Award he won 3 awards for the Best male artiste, Album of the year, and Beat RnB/soul.
With Coca-cola and MTN endorsements in the bag, He is estimated to be worth over 9million dollars.
6 . Flavour
Chinedu Okoli (born 23 November 1983), better known by his stage name Flavour N’ abania is a Nigerian singer, songwriter, and instrumentalist. He ventured into the music scene at the early age of 13 when he started playing the drums for his Church choir in Enugu.
Flavour is known popularly across Africa and the World for his hit song ‘Nwa Baby’ (Ashawo remix). He has 4 albums to his credits ( N’abania, Uplifted, Blessed and Thankful).
He has won many recognition and awards. In 2012 he won the channel O music video awards for the Best R’n’B Video, The Headies for the best collabo and the Nigeria Entertainment Award for the Best indigenous Artiste.
In 2013 he won 4 awards at the Nigeria Music Video Award(NMVA) with the hit track ‘Ada Ada’. In 2014 he won 2 African Muzik magazine Awards for the Best traditional artiste and best video of the year, in the same year he won the MTV Africa music awards for the best live act.
Flavour has bagged numerous endorsement deals including, MTN, Nigerian Breweries, Guinness, and is currently the brand ambassador for Flat tummy tea a weight loss product.
He is estimated to be worth 12 million dollars.