Forbes Magazine unveiled the list of the richest African musicians in 2018 which has Sarkcess CEO, Sarkodie ranked the 6th whereby self-acclaim dancehall king, Shatta Wale was not found.Â
The list was made on the basis of sales and signed contracts.
Here are the 10 richest African musicians1. Akon ($ 80 million)
Senegalese is the richest musician in Africa. CEO of his own label Konvict music, Akon is also a producer. It enjoys great popularity in Africa and around the world. Akon has sold more than 35 million albums, has been nominated five times for the Grammy Awards.
2. Black Coffee ($ 60 million)
Nkosinathi Maphumulo, whose name is Black Coffee, comes from the KwaZulu-Natal province of South Africa but grew up in the Eastern Cape province. The creativity of this musician is particularly attractive to fans of electronic music. He started his career in 1995 and released 5 albums under his own label. In 2005, he won the “Breakthrough DJ Of The Year†award at the DJ Awards in Ibiza.
3. Don Jazzy ($ 30 million)
It went from the 4 th to 3 th spot. His love for music begins when he was a church singer. Today, Don Jazzy is among the richest African musicians because of his entrepreneurial skills, producers and music performer. He is an MTV ambassador and boss of his own label, Mavin Records. Don Jazzy has produced several successful Nigerian artists.
4. Wizkid ($ 20 million)
A native of Lagos, Wizkid is one of the most famous musicians of his generation. Most of his fans call him the king of African music. CEO of his own label, Starboy, Wizkid has even the biggest music stars in the world dancing. He started the music as a singer at the church. And thanks to hard work, he managed to climb to the top.
5. Davido ($ 16 million)
Coming from a very rich family, Davido made a name for himself thanks to his music. He has won numerous awards nationally and internationally. He was revealed to the general public in 2011 after the release of his single “Back Whenâ€. In just six years of career, Davido can be proud of him because his exploits are extraordinary.
6. Sarkodie ($ 7 million)
Sarkodie is the star of Ghanaian music, the only representative of this country in this ranking. In addition to his incredible talent, he is a reference for Ghanaian youth. He began his career as an amateur rapper. He has received numerous awards and continues to evolve with confidence. In 2013, he released his own clothing line.
7. Tinashe Kachingwe ($ 6 million)
Born in the United States of a Zimbabwean father and a Danish mother, Tinashe is the only woman on this list. In 2000, she starred in the film Cora Unashamed and her voice was in the cartoon film The Polar Express. Tinashe is the ambassador of several brands.
8. Hugh Masekele ($ 1.5 million)
Deceased on January 23, 2018 at the age of 78, Hugh Masekele, a native of South Africa had released more than 43 albums. He had won numerous honorary awards and was nominated for a Grammy Award. A ticket for his concert cost about $ 20,000, no wonder he was very rich. He left behind a historical legacy.
9. Jidenna ($ 1 million)
He is a producer and performer with dual nationality (Nigerian, American). When he was only 10 years old, Jidenna realized he wanted a career in music. Although he was born in the United States, Jidenna considers himself a Nigerian and wants to develop the music industry in Africa. In addition, Jidenna collaborated with Michelle Obama, the former first lady of the United States, on an educational program.
10. Oliver Mtukudzi
Zimbabwean Oliver Mtukudzi has already released more than 65 albums. After a career of 41 years in music, Oliver is always talking about him. In 1969, he made a three-string guitar and began to sing.