​Forbes release Top 10 List Of Richest Musicians In Africa (See Nigerian artistes on the list)


Nigerian musicians have recorded huge success from their music craft and they are occupying bigger space on the face of the entertainment industry at home and beyond. With good name, fame and most essentially, “Money”.

With the latest list of top 10 richest African musicians by American top business magazine, Forbes Magazine. The list featured Nigerian artistes like Davido, Wizkid, Don Jazzy and other artistes from other African countries.

The list was compiled considering factors like endorsement, popularity, show rates, sales, awards, YouTube views, appearance in newspapers, investment, social media presence, influence and others.

Below is Forbes’ list of op 10 richest African musicians;


With over 35 million albums sold all over the world, Akon has won numerous awards including five Grammy Award nominations and has 45 Billboard Hot 100 songs under his belt. He tops the list according to Forbes Africa.

The Senegalese-American hip-hop singer/songwriter/producer has been profiting from a range of business ventures. There’s his Konvict Clothing, his Pepsi soccer ad campaign, and Kon Live, his Interscope-backed imprint that’s home to Lady Gaga and others.

Akon still has time for traditional musical ventures, including an international tour and a new album, Stadium Music.


Nkosinathi Maphumulo, also known as Black Coffee, is a South African record producer and DJ. He began his career around 1995. He was born in South Africa’s house music province, KwaZulu-Natal (KZN) and raised in the Eastern Cape province, where Nelson Mandela hailed from, before moving back to KZN to study music. So far his music journey has been financially smooth and he’s ranked second on the list of Africa’s richest artiste by Forbes.

In 2010, Black Coffee was inducted in the Guinness Book of World Records when he DJed 60 hours non-stop at Maponya Mall.

In 2011, Africa Rising was launched and had its first presentation at Moses Mabhida Stadium in Durban, including a live band and 24-piece orchestra in front of an audience of 8,000; the concert was filmed for the Africa Rising DVD.


Third on this list is Hugh who was born in Witbank, east of Johannesburg. He has released more than 43 albums and performed with Marvin Gaye, Dizzy Gillespie, The Byrds, Fela Kuti, Paul Simon, Stevie Wonder and Miriam Makeba.


Don Jazzy is ranked fourth richest in Africa and also first in Nigeria. Like many artists, his real name is Michael Collins Ajereh, and he started playing music as a child in church before moving to the UK to pursue his career.

He co-founded the now defunct record label Mo’ Hits Records in 2004.

Later in 2012 he founded a new record company called “Mavin Records.” It became a real success especially given their level of preparation: the next day after officially starting his business they released an album in which all the artists, who were later recorded, took part.


Tinashe was a child model by the age of three. The twenty-four-year-old sang before she could talk and made her first appearance in 2000 in the film Cora Unashamed. Her voice also starred in the cartoon feature film The Polar Express alongside Oscar-winning actor, Tom Hanks.


By the age of 10, Jidenna Theodore Mobisson knew he wanted to do music but was afraid to tell his father who wanted him to be an engineer. He is ranked sixth according to Forbes Africa.

His fantastic 2015 track “Classic Man” served as something of a calling card for Jidenna, who’s skilled as both a singer and rapper and has a very dapper fashion sense that sets him apart from his peers.


From Ojuelegba to the world, Wizkid is arguably the most sort after African artiste all over the world. Grammy Award-winning artist, Alicia Keys and husband Swizz Beatz, vibed to his songs Ojuelegba and Caro, with Keys posting a video on her Instagram account with the caption, “This song makes me happy”.

Kylie Jenner also posted a video of herself dancing to Wizkid’s music on Snapchat. In 2017, Wizkid held a sold out show at the Iconic Royal Albert hall making history as the first African artiste to attain that height. The starboy is currently ranked 7th on Forbes list of richest African artistes.


Davido has claimed a high status in just five years. He said it was people like P-Square and D’Banj who made him believe this was possible. He became famous for his widely acclaimed 2012 debut album “Omo Baba Olowo”.
The “IF” crooner who recently announced 500 million proceeds from his 30Billion concert is ranked 8th of 2017 Forbes’ list of richest musicians in Africa.


Michael Owusu Addo started out as an underground rapper and through the help of Duncan Williams, his former manager, his career was launched. Staying true to his identity, he is a big advocate of Azonto, a Ghanaian genre that is said to have been born out of Kpanlogo, a traditional dance.

His first single off his fourth album, Mewu, sold almost 4,000 copies on the first day of its release in Ghana. He was also the first Ghanaian to win a BET award.


Oliver Tuku Mtukudzi has 65 albums under his belt, more than the legendary Michael Jackson and Whitney Houston.

It’s a remarkable career stretching back 41 years with songs that have enlivened parties all over the world. He his ranked 10th richest musician in Africa.