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Home Lagos News

Wizkid’s Net Worth in Naira 2024

by Ayomide Alausa
July 14, 2024
in Lagos News
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Wizkid is a Nigerian Afrobeats artist who has become a household name worldwide due to his exceptional music talent. You might already have one of his smash hits on your playlist as his music has been widely acclaimed by fans all over the globe. 

Apart from his successful music career, Wizkid has also made significant strides in the business world. He has landed several lucrative endorsement deals, sold out multiple tours, and launched successful business ventures. As of 2024, he has amassed an impressive net worth of 47 billion naira, making him one of the wealthiest musicians in Nigeria.

But Wizkid’s influence extends beyond just his net worth. He is a trailblazer in the Afrobeats industry, having made EPs and released groundbreaking albums like “Made in Lagos” that have made a significant cultural impact not just in Nigeria, but around the world.

If you’re interested in learning more about Wizkid’s journey to success, you’re in for a treat. In this article, we will dive deeper into his net worth, his assets such as cars and houses, and his incredible rise to fame that has made him a true icon in the world of music.

Wizkid Biography 

Ayodeji Balogun, popularly known as Wizkid, is a Nigerian musician who was born on July 16th, 1990 in Surulere, Ikeja, one of the busiest and most populous neighbourhoods in Nigeria. He was raised in a big family with 12 sisters, which played a significant role in his music journey from a young age.

Wizkid’s interest in music started when he was a primary school student. He formed a singing group with his friends named Glorious Five, and they continued to pursue their passion for music after school. As he grew older, his passion for music intensified, and he began to develop his unique sound and style.

Wizkid’s influence on the music industry cannot be overstated, as he has helped to popularize afrobeats and put African music on the global map. He continues to make music that resonates with people all over the world and inspires a new generation of African musicians.

Wizkid Music Career

Wizkid started his musical career at the age of 11 by performing at his mother’s church. In 2009, he became an instant sensation all over Africa with his first single “Holla at Your Boy.” 

After signing with EME Music, a popular record label, Wizkid released two studio albums, “Superstar” and “Ayo,” over the course of five years. These albums included popular tracks like “Pakurumo” and “Love My Baby,” cementing his status as one of Nigeria’s fastest-rising stars.

Wizkid left EME to establish his label, Starboy Entertainment, in order to have more creative control over his music and the freedom to explore new sounds, collaborations, and business ventures. As a record label owner, he not only earns money from his music but also from managing other artists under his label.

In 2016, Wizkid’s collaboration with Drake on the hit single “One Dance” propelled him to international fame. This song opened doors for international acts, brands, and businesses to collaborate with him, substantially increasing his income.

His latest album, “Made In Lagos,” has already received over 1.02 billion on-demand streams in the United States alone, raking in millions of dollars every year. This number is expected to continue growing in the years to come.

Wizkid Net worth 

Wizkid has made a name for himself in both music and entrepreneurship, and his net worth is proof of this.

As of 2024, he was estimated to be worth 47 billion naira, which he earned through a combination of record releases, live performances, endorsements, and commercial ventures.

Right from the beginning of his career, Wizkid has been known for creating unique soundscapes that blend afrobeat, pop music, and R&B seamlessly.

His impressive wealth accumulation over the past decade is a clear indication of his hard work, talent, and success.

Brand Endorsements 

Wizkid, apart from his flourishing music career, has also made a substantial amount of money from his brand endorsement deals.

Brands like PUMA, UBA, Dolce & Gabanna and Pepsi, which are worth millions of dollars, have been associated with the Starboy brand.

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Wizkid’s Discography Studio Album 

  • Superstar (2011)
  • Ayo (2014)
  • Sounds From The Other Side (2017)
  • Soundman Vol 1 (2019) – EP
  • Made In Lagos (2020)

Wizkid Assets

Houses 

In 2013, Wizkid spent N 68 million to purchase his first house in the luxurious area of Lekki, Lagos.

Wizkid also has another house in Lagos, located in Surulere, which he bought for ₦13 million. According to sources online, he bought the house for his parents.

Additionally, WizKid’s investment portfolio goes beyond Nigeria, as he reportedly owns a 3-storey mansion in Los Angeles, US, which costs between $10 million and $15 million.

Cars

Below are some of the cars that have been spotted with the singer over the years.

  • BMW X6 crossover

In the early stages of his career, he bought a BMW X6 Crossover for N15 million, which was his first car.

  • Lamborghini Urus

In the year 2018, he bought a Lamborghini Urus, a luxury vehicle that came with a price tag of N350 million.

  • Porsche Panamera

He has a Range Rover Autobiography and a luxury Porsche Panamera which he bought for over N60 million back in the day.

  • Mercedes Benz V

Wizkid owns a Mercedes Benz V Class 2019 Zero KM, which starts at N78 million.

  • Porsche Cayenne

Wizkid’s Cayenne cost a whopping sum of ₦18 million.

  • Rolls Royce Cullinan

He also has a 2021 Rolls-Royce Cullinan worth N438 million in Nigeria.

  • Lamborghini Aventador 

In 2019, he bought his Lamborghini Aventador for about 600,000,000 Naira.

Conclusion

With Wizkid’s fan base streaming his music, and buying tickets to his shows, and albums, there’s no doubt that the artist will continue to earn millions of naira for years to come.

Ayomide Alausa

Ayomide Alausa

Ayomide is BestLagos.ng’s go-to expert for everything happening on the ground in the city, covering Metro issues, infrastructure, and deep neighborhood guides. Ayomide’s content is defined by a commitment to granular, verified local detail, the kind of information only an actual resident would know. Geographic Authority: Ayomide spent two decades navigating Lagos, specializing in deep-dive reports across key local government areas (LGAs) like Surulere, Ikeja, and Lekki. This localized expertise provides a crucial, human perspective on systemic issues. The Lagos Commuter Lens: Ayomide’s analysis is heavily influenced by real-world constraints, such as verified traffic bottlenecks, power stability reports for specific districts, and the true cost of local services. Ayomide's primary function is ensuring our readers save time, money, and hassle when moving through Lagos.

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