Wizkid’s Net Worth 2024 is around $100 million. Let’s dig more about Wizkid in the article below and the source of his income.
Bio
Ayodeji Ibrahim Balogun, professionally know as Wizkid, (born on July 16, 1990), is a Nigerian singer, songwriter, and one of Africa’s most celebrated Afrobeats artists. Rising to fame with his 2010 breakout single “Holla at Your Boy” under Empire Mates Entertainment (EME), he quickly became a key figure in the global Afrobeats movement.
His debut album, Superstar (2011), solidified his popularity in Nigeria and across Africa, while his 2014 album Ayo introduced the world to hits like “Ojuelegba,” which gained international acclaim after a remix by Drake and Skepta.
Wizkid’s career reached new heights with the release of Sounds from the Other Side (2017), which marked his transition into international markets, featuring artists like Drake, Major Lazer, and Chris Brown.
In 2020, his album Made in Lagos achieved critical and commercial success, with the hit single “Essence” featuring Tems becoming the first Nigerian song to chart on the Billboard Hot 100, later gaining a remix with Justin Bieber.
Known for his smooth vocals and genre-blending sound, Wizkid has garnered multiple awards, including a Grammy, and numerous endorsements. His influence has made him an Afrobeats icon, bridging African music and global pop culture.
Wizkid’s Net Worth
As of 2024, Wizkid’s Net Worth is estimated to be around $100 million.
Source of Wealth
Wizkid’s wealth comes from a diverse range of income sources, solidifying his status as one of Africa’s richest musicians. His primary earnings come from music sales, streaming royalties, concert performances, and extensive global tours. Wizkid commands high performance fees and sells out arenas worldwide, especially in Africa, Europe, and North America, where his popularity continues to grow.
Endorsements also contribute significantly to Wizkid’s wealth. He’s partnered with numerous global brands, including Pepsi, MTN, Cîroc, Puma, and UBA, each bringing in lucrative deals that enhance his earnings. His collaboration with Puma, for instance, marked him as the first African artist to partner with the brand globally.
In addition to music and endorsements, Wizkid has ventured into investments and business ventures. He launched his record label, Starboy Entertainment, in 2013, signing and promoting emerging African artists and expanding his brand. His entrepreneurial ventures contribute to his growing net worth, as does his luxury lifestyle, evident through his investments in real estate and high-end cars.
Overall, Wizkid’s wealth is fueled by his musical success, brand partnerships, and savvy business ventures, cementing his role as a prominent figure in African entertainment.
Wizkid’s Endorsement Deals
Wizkid has secured several high-profile endorsement deals throughout his career, further boosting his wealth and global influence. Some of his most notable partnerships include:
- Pepsi: Wizkid signed an endorsement deal with the global soft drink brand in 2012, becoming one of the faces of the Pepsi brand in Africa. This deal has extended over the years, solidifying his presence in international markets.
- MTN: As one of the leading telecom companies in Africa, MTN partnered with Wizkid in 2013. He became a brand ambassador for the company, contributing to their campaigns targeted at African youth.
- Cîroc: Wizkid became a brand ambassador for Cîroc, a premium vodka brand, in 2018. His association with Cîroc aligns with his luxury image and appeal to high-end consumers.
- Puma: In 2019, Wizkid entered into a global endorsement deal with Puma, making him the first African artist to collaborate with the sportswear giant. This partnership includes custom merchandise and promotional events.
- United Bank for Africa (UBA): Wizkid signed an endorsement deal with UBA in 2020, representing the bank across various platforms, particularly in Africa.
- Glamour Beauty: Wizkid has also worked with the cosmetics brand Glamour Beauty for promotional campaigns.
- StarTimes: The Nigerian multinational pay TV company partnered with Wizkid to promote their services in Africa.
These endorsement deals, alongside his music and business ventures, have significantly contributed to Wizkid’s impressive financial portfolio.
Wizkid’s Houses
Wizkid’s real estate investments reflect his strategic approach to wealth accumulation. In 2013, he purchased his first property in Lagos, a luxury home in the prestigious Lekki area, for N68 million. Additionally, he owns a house in Surulere, valued at ₦13 million, which he reportedly bought for his parents.
Taking his investments global, Wizkid also owns a stunning three-story mansion in Los Angeles, USA. With a value between $10 million and $15 million, this property highlights his commitment to diversifying his assets and establishing a global presence in the real estate market.
Wizkid’s Cars
Wizkid’s car collection is a reflection of his luxurious lifestyle, featuring a mix of high-end, stylish vehicles. Some of the notable cars in his collection include:
- Lamborghini Urus: A luxury SUV valued at around $200,000, combining performance and elegance.
- Bentley Continental GT: Known for its sophistication, this car is valued at approximately $250,000.
- Mercedes-Benz G-Class: A popular choice among celebrities, the G-Wagon is valued at around $150,000.
- Range Rover Sport: A symbol of both comfort and luxury, this vehicle costs roughly $90,000.
- Porsche Panamera: With a sleek design, this car is valued at approximately $100,000.
Wizkid’s collection also includes several other luxury cars, reflecting his status as one of Africa’s leading artists. His cars not only demonstrate his wealth but also his refined taste and penchant for the finest in automotive luxury.