Wizkid’s net worth is estimated at N23 billion ($30 million). The Nigerian entertainer, whose real name is Ayodeji Ibrahim Balogun, made his money through incredibly successful career as a singer and songwriter.
Wizkid has made a substantial amount of money through his music, endorsements, and business ventures over the years. This article will give a breakdown of how Wizkid acquired his impressive net worth and answer some of the frequently asked questions about him.
How Much Is Wizkid’s Net Worth
Wizkid has an estimated net worth of $30 million. He acquired this impressive net worth from his music career, endorsement deals, business, and other investments.
Wizkid Net Worth in Naira?
Wizkid’s net worth in naira is approximately N23 billion. As we mentioned earlier, he accrued this net worth through various sources, including his music career, endorsement deals, business, and other investments.
How Wizkid Acquired His Wealth
Let’s look at Wizkid’s journey from nothing to fame and the labels he has been signed to. Also, we will look at the different sources of income he has.
Majority of Wizkid’s Net Worth is from His Music Career
Wizkid first gained recognition in the Nigerian music industry in 2009 when he released his debut single “Holla at Your Boy.” The song was an instant hit, topping various charts and earning him critical acclaim. He quickly rose to fame within Nigeria and became known for his unique blend of Afrobeats, R&B, and pop music.
In 2010, Wizkid signed a record deal with Banky W’s Empire Mates Entertainment (EME) label. Under EME, he released his debut album, “Superstar” (2011), which included hit tracks like “Love My Baby” and “Pakurumo.” The album was commercially successful and further solidified Wizkid’s status as one of Nigeria’s biggest music acts.
After several successful years with EME, Wizkid decided to branch out and establish his own record label, Starboy Entertainment, in 2013. This move allowed him to have more creative control over his music and explore new collaborations and business ventures. As the CEO of Starboy Entertainment, he not only releases his own music, but also supports and promotes emerging African artists.
Wizkid’s international breakthrough came in 2016 when he featured on Drake’s hit song “One Dance.” The collaboration catapulted him into the global music scene, as it reached the number one spot on the Billboard Hot 100 chart. This achievement significantly boosted Wizkid’s popularity and opened doors for him to collaborate with other international artists.
Thanks to his undeniable musical talent, the entertainer has performed at various high-profile events and concerts, both within Nigeria and on international stages, earning substantial fees for his performances.
Endorsement Deals
In addition to his music career, Wizkid has inked several endorsement deals with global brands such as Pepsi, MTN Nigeria, and Guinness. These endorsements have undoubtedly contributed to his wealth.
Business Ventures
Wizkid’s business ventures also add to his sources of income. He has invested in real estate, fashion, and tech startups. For example, he launched a clothing line called Starboy Merch, which sells merchandise inspired by his brand.
Wizkid’s financial success can be primarily attributed to his consistent chart-topping music, successful record label, endorsements, and savvy investments. By strategically expanding his brand and capitalizing on his musical talent, Wizkid has amassed an enviable amount of money and he’ll definitely keep making more money as time goes by.
How Much Does Wizkid Charge Per Show?
Wizkid charges between $800,000 and $1 million (₦631,200,000 and ₦789 million) per show. According to Vanguard, he is among the Nigerian musicians who charge high for a performance.
Wizkid’s Highest Paid Show
Wizkid has performed in some of the world’s highest-paid shows. One of them was a royal wedding in India, where he was paid 50 million Rupees ($681,200, N245.9 million). Another one was the Rolling Loud festival in Toronto, Canada, where he reportedly received $1 million.
Who Signed Wizkid?
Wizkid has been signed by different record labels over the years. He was first signed by OJB Jezreel, then by Banky W’s Empire Mates Entertainment (EME), and later by his own label, Starboy Entertainment.
How Many Awards Has Wizkid Won?
Wizkid has won over 50 awards from various local and international award shows, including a Grammy Award for his featured work in Beyoncé’s The Lion King: The Gift soundtrack with “Brown Skin Girl”. He is also the most awarded African artist at the BET Awards, Soul Train Awards, Billboard Awards, iHeartRadio Music Awards, and MOBO Awards. Here’s a list of some of his awards.
- The Headies – Next Rated Award – (2011)
- Nigeria Entertainment Awards – Best New Act of the Year (2011)
- Dynamix All Youth Awards – Promising Artiste of the Year (2011)
- Ghana Music Awards – African Artist of the Year (2013)
- MOBO Awards – Best African Act (2011)
- MTV Africa Music Awards – Best Male and Artist of the Year (2016)
- AFRIMA – African Artiste of the Year (2017)
- Billboard Music Awards – Top R&B Song (2017)
- iHeartRadio Music Awards – Best Music Video (2017)
- BET Awards – Best International Act: Africa (2012, 2017, 2020)
- BET Soul Train Awards – Song of the Year (2019)
- SoundCity MVP Awards – Best Male MVP, Song of the Year, Video of the Year (2017)
- MOBO Awards – Best International Act (2017)
- The Headies – Artiste of the Year, Best Pop Single, Song of the Year (2020)
Frequently Asked Questions about Wizkid
Does Wizkid Have A Private Jet?
Yes, Wizkid has a private jet.
How Much Is Wizkid’s Private Jet?
Wizkid’s private jet is worth $40 million.
How Many Albums Does Wizkid Have?
Wizkid has five albums titled Superstar, Ayo, Sounds from the Other Side, Made in Lagos, and More Love, Less Ego.
How Many Cars Does Wizkid Have?
He has over 12 luxurious cars in his car collection. This includes the following; Porsche Panamera, Lamborghini Urus, Bentley Continental, Mercedes Benz compressor, Mercedes Benz G63, Hyundai Sonata, BMW X6, 5 Rolls-Royce, etc.
How Many Artists Has Wizkid Signed?
Wizkid has signed over 6 artists to his music label, Starboy Entertainment. Some of the notable artists he has signed include Maleek Berry, L.A.X, Legendury Beatz (Mutay and Zei), Terri, R2bees, and DJ Tunez
Who Is Richer Between Davido And Wizkid?
Davido is richer than Wizkid. Davido has an estimated net worth of $40 million, while Wizkid has a net worth of $30 million. Both artists make their money through their music careers, endorsement deals, businesses, investments and other music-related ventures.