Profile
Nigerian singer and songwriter
#2 in Nigerian Singers
Wizkid has a net worth of $10 million as of 2024. He runs successful businesses and also owns a record label, making $4.5 million in annual income, according to Forbes.
Wizkid Net Worth 2024 (Forbes)
| Real Name | Ayodeji Ibrahim Balogun |
| Net Worth | $10 Million |
| Net Worth in Naira | ₦950 Million |
| Annual Income | $4.5 Million |
| Inheritance | $400 |
| Monthly Spends | $170,000 |
| Spotify Income | $1.4 Million |
| Luxury Cars | 8 (Eight) |
| Concert Earnings | $100k per show |
Real Estate Wealth
Wizkid owns three house properties in Lagos, Nigeria. This includes a luxury penthouse and two villas. He recently bought a beach house from Davido.
He recently bought a $1.5 million property in Los Angeles and fitted it with a recording studio, a home theater, and an Infinity pool. Real estate assets account for one-third of Wizkid’s wealth.
Earnings from Music
| Song | Earnings (USD) |
|---|---|
| Joro | $12 million |
| Essence | $8 million |
| Come Closer (feat. Drake) | $7 million |
| One Dance | $6 million |
| Boom | $5 million |
Brand Endorsement Deals
MTN Nigeria: Wizkid had a long-standing endorsement deal with MTN Nigeria, one of the leading telecommunications companies in the country. See Burna Boy’s Net Worth
He earns $1.5 million annually through this endorsement deal. Wizkid was also associated with Glo, another major telecommunications company in Nigeria, for a period.
Pepsi: Wizkid has been associated with Pepsi, a global beverage brand. He has been part of their endorsement campaigns and has been featured in promotional materials.
Wizkid makes over $1 million annually through his 5-year deal with Pepsi. These deals vastly improved Wizkid’s net worth.
Nike: Wizkid collaborated with Nike, a renowned sportswear brand, on a limited-edition jersey called “Starboy” in 2018.
The brand has sold over $200k units. Wizkid has reportedly earned over $1.65 million in royalties through this collaboration.
Car Collection
| Mercedes-Benz GLE 450 | $65,000 |
| BMW 7 Series | $85,000 |
| Range Rover Velar | $75,000 |
| Porsche 911 Carrera | $100,000 |
| Tesla Model S | $80,000 |
| Bentley Continental GT | $200,000 |
| Rolls-Royce Phantom | $805,000 |
Life Story
- Ayodeji Ibrahim Balogun, better known as Wizkid, was born in Lagos, Nigeria, in 1990.
- He began singing and performing in church choirs at a young age.
- In 2006, he formed a group called “Glorious Five” with four other boys.
Breakthrough and Rise to Stardom:
- In 2009, Wizkid signed with Banky W.’s Empire Mates Entertainment.
- His 2010 single “Holla at Your Boy” gained national attention.
International Recognition and Collaborations:
- Wizkid’s 2014 track “Ojuelegba” became a global smash hit, introducing his Afrobeats sound to a wider audience.
- He collaborated with Drake on the 2016 single “Come Closer,”.
- Subsequent collaborations with Beyonc, Chris Brown, and other prominent artists further doubling his earnings.
Business Ventures:
- Wizkid established his record label, Starboy Entertainment, in 2013.
- He has partnered with major brands like Nike and Pepsi, increasing his global reach and influence, and also boosting his net worth.
FAQs
Who is richer Davido or Wizkid?
Based on available estimates, Davido’s net worth is currently believed to be higher than Wizkid’s.
What is Wizkid’s biggest song?
Determining Wizkid’s “biggest” song is subjective, but two strong contenders are “Essence” with Justin Bieber for global chart dominance and “Ojuelegba” for its lasting cultural impact in Africa.
Was Wizkid born into a rich family?
No, Wizkid has openly stated he wasn’t born into wealth and built his success through music.
Is Wizkid the biggest artist in Nigeria?
Wizkid is undoubtedly a top contender in Nigerian music and a global Afrobeats icon.