How Much is Wizkid Net Worth 2023?
No surprise that he loves not only music fans but also earned a lot of money. According to reports, Wizkid’s net worth in 2025 is $75 million, and he is one of the richest artists in Africa and the 9th most viewed African artist on YouTube.
Big Wiz’s talent was the key reason why he was signed by Empire Mates Entertainment (E.M.E) in 2009 at the age of 19.
His career since then has been steadily on the up with a series of hit albums and tracks that have been received well not just nationally but internationally over the years.
Wizkid is a regular feature on the list of richest musicians in Nigeria, placing him alongside other industry titans in terms of net worth like Davido.
Since he was 11 years old, when he started singing up to date, his career has been marked by hard work, talent, and well-planned steps in the music career that have put him among Nigeria’s best musicians and Africa’s worth $75 million.
Who is Wizkid?
Ayodeji Ibrahim Balogun, but popularly referred to as Wizkid, is a Nigerian musician, songwriter, and performance artist. Wizkid was born on the 16th of July, 1990, in his hometown, Ojuelegba, Surulere, Lagos State.
Wizkid’s father was a Muslim while his mother was a Christian. His father married three wives, and he grew up together with twelve female siblings. He had his primary and secondary education at Surulere Primary School and Ijebu Ode Grammar School, respectively.
It is also notable that the star has been interested in music from childhood. He and his church mates formed a group called “Glorious Five” and made an album together, though the album wasn’t popular.
Wizkid’s Music Life and Achievement
Wizkid began music at the age of 11. As previously stated, he began a group with friends at church; they named the group “Glorious Five,” and they released a group album together.
He signed with Empire Mates Entertainment (E.M.E.), a record label owned by Banky W, in 2009. The Wiz man hit the stars after he dropped “Holla at Your Boy” in January of 2010. Ever since then, he has been dropping plenty of hit tracks.
This 2018 declaration praised Wizkid for setting records working with Nike that helped support several causes in Nigeria.
It even walked such runways for international companies like Dolce and Gabbana in June 2018 and finished winning several awards from the Billboard Music Awards, among other organizations.
On October 6, 2018. Wizkid became the first ever African artist to sell out the Skyway Theatre in Minneapolis, Minnesota.
His musical career did not stop there; it grew as he kept winning the Grammy awards in 2021, followed by a series of US Billboard Top 10 Chart appearances, 3 nights sold out consecutively at the O2 Arena, and numerous awards over the span of his brilliant career.
Wizkid then racked up 1.3 billion YouTube views, 1.16 billion Spotify Lead streams, and 4.6 billion total Spotify streams as of then, still making all the bells around the globe ring.
He also racked up a total of 349 million streams on Audiomack, 183 million on Pandora, and 126 million on Boomplay.
What is His Source of Wealth?
Besides the music, which is a wonderful contribution to Wizkid’s net worth, Wizkid is also renowned across the globe; he has other means of income, which have greatly contributed to his net worth and made him stand out among other artists in Nigeria and across the globe.
Several endorsements with some of the leading brands have contributed to his wealth, as they usually look for popular music artists such as Wizkid to endorse their brands.
Wizkid also diversifies his economic base by establishing a clothing line by the name “Star Boy,” which is another revenue-generating activity.
When he left E.M.E., Wizkid went into entrepreneurship with “Starboy,” his record label. Through this label, he has signed several artists, such as Mr. Eazi, Efya, Maleek Berry, L.A.X., and Legendury Beatz.
How Huge is Wizkid’s Net Worth?
Endorsements are perhaps the most lucrative avenue for celebrities to increase income. Top brands will pay anything from $3 million upwards to feature their product alongside the star quality of the celebrity names.
Wizkid’s net worth is estimated at around $75 million. He has earned such a humongous net value from his song streams, endorsement deals, live performances, and concerts.
Other than his enormous net worth, Wizkid, the renowned Nigerian singer, has also invested phenomenally in lavish cars and property, further entrenching himself in finance.
Wizkid’s investment portfolio in property includes a $13 million home in Lagos’ Surulere district and another expensive mansion in Los Angeles worth an estimated $15 million.
Speculations also aligned for an acquisition of a property in Banana Island, which is among Lagos state’s high-end suburbs, reflecting Wizkid’s fondness for luxury living. The luxury car convoy included a Maybach, Lamborghini Urus, Rolls-Black Badge Cullinan, and Range Rover.
The overall worth of this collection of extremely cool cars amounted to a staggering figure of about N1,130,000,000 billion.
Some of Wizkid’s cars include the Lamborghini Urus, Porsche Panamera, Mercedes-Benz G63 AMG, BMW X6 crossover, and the Rolls-Royce Cullinan. He hires private jets occasionally but does not own one now
Last Lines
Wizkid’s musical abilities are not just trending on music charts, making history as the first solo African artist to chart in Apple Music’s Global Daily Top 10 due to the hit song “Essence.”
The song has been referred to as the “best song in the history of music” by no other person than Kanye West.
As a booster to this achievement, Wizkid wrote music history with the “Made in Lagos” album when it shattered the record of being the first African album to be certified gold by the RIAA in August 2022.
His album “More Love, Less Ego” in November 2022 occupied the number one position on the Billboard Hot Trending Songs chart, and “2 Sugar” occupied the throne.
The Saturday, October 06, 2018, dated and stamped Governor Dayton proclamation talked about Wizkid’s cut-and-dried accomplishments-the best.
It was even recognized that as the first indigenous Nigerian to top the Billboard US Hot 100 Charts with the global hit song ‘One Dance’ with artist Drake.
He also earned the honor of being the first Nigerian to actually sell out the famous O2 Arena in London, England.
