Wizkid Net Worth

Wizkid, born Ayodeji Ibrahim Balogun, has grown to become one of the most iconic figures in the global music industry. With numerous hit songs, international collaborations, and a presence that spans continents, Wizkid has established himself as not just a leader in Afrobeats, but as a global superstar. His influence on the genre is monumental, and his success reflects in his growing financial empire. Let’s take a deep dive into Wizkid’s journey, his wealth, and the achievements that solidify his place in music history.

Wizkid BIO Data and Net Worth Summary

Net Worth Overview

As of 2025, Wizkid boasts an impressive net worth of ₦42.5 billion, which is approximately $25 million. This places him among the highest-earning African artists in the world today. His wealth is a reflection of years of hard work, international tours, endorsement deals, and a long list of chart-topping singles and albums that have propelled Afrobeats onto the world stage. According to Forbes, Wizkid’s steady rise in wealth comes from diverse income sources, as we’ll explore in detail below.

How Does Wizkid Make His Money?

 

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Wizkid’s income streams are as versatile as his music. He generates revenue through multiple channels, each contributing significantly to his financial empire. Here’s a breakdown of the primary ways Wizkid makes his millions:

1. Music Sales and Streaming

Music remains Wizkid’s main source of income. His albums and singles have raked in millions, particularly through digital streaming platforms such as Spotify, Apple Music, and YouTube. With hit songs like Essence, Ojuelegba, and Come Closer, Wizkid’s music has garnered billions of streams globally, earning him millions in royalties. His 2020 album Made in Lagos, particularly, was a global success and took his financial and international standing to new heights.

2. Concerts and International Tours

Wizkid has headlined numerous international tours, performing in sold-out arenas in Europe, North America, and Africa. With concert tickets selling out in minutes, live performances have contributed significantly to his earnings. The ticket prices for his concerts typically range from $50 to $500 per attendee, depending on the venue and event scale, which adds up to significant income, especially for his high-profile shows in places like London’s O2 Arena.

3. Endorsement Deals

Endorsements are another lucrative stream for Wizkid. Over the years, he has signed multi-million naira deals with some of the world’s top brands, including:

• Pepsi: Wizkid’s long-standing partnership with Pepsi is reported to be worth millions. As a global ambassador, his association with the brand stretches back to 2012.
• MTN: The telecommunications giant signed Wizkid to an endorsement deal early in his career, making him one of the faces of their campaigns.
• UBA (United Bank for Africa): Wizkid also represents the banking sector, serving as a brand ambassador for UBA, one of Africa’s largest banks.
• Ciroc Vodka: Wizkid is a known brand ambassador for Ciroc, a premium vodka brand that aligns with his luxury lifestyle image.

4. Starboy Entertainment

Wizkid isn’t just a musician; he’s also a savvy businessman. In 2013, he launched his own record label, Starboy Entertainment, which has signed several rising stars, including Maleek Berry and Mr Eazi. Through this label, Wizkid retains ownership of his music, further increasing his long-term earnings from royalties.

5. Fashion and Merchandise

Wizkid’s brand extends beyond music to fashion. He has partnered with international fashion brands and released his merchandise line under the Starboy brand. His foray into the fashion world has contributed to diversifying his income, leveraging his celebrity status to move products globally.

Career Milestones

Wizkid’s career is defined by several key moments that not only cemented his reputation but also contributed massively to his wealth:

1. Rise to Stardom with Superstar (2011)

Wizkid’s journey to fame started with his debut album Superstar, released in 2011. The hit single Holla at Your Boy became an anthem and opened doors for him in the Nigerian and African music industry. The success of this album was the foundation for his future international stardom.

2. International Breakthrough with Ojuelegba (2014)

Wizkid’s song Ojuelegba from his second studio album became a crossover hit, capturing the attention of international artists like Drake and Skepta. The remix of the track with Drake catapulted Wizkid onto the global stage, where he has remained a dominant force.

3. Global Success with Come Closer and Essence (2017–2021)

His collaboration with Drake on Come Closer in 2017 was another career-defining moment, earning him recognition across the U.S. market. In 2021, Essence, featuring Tems, became one of the biggest Afrobeats hits, with heavy radio play and chart success globally, including the U.S. Billboard Hot 100.

Wizkid’s Luxury Assets

With such wealth, Wizkid enjoys a luxurious lifestyle, owning several high-end properties, cars, and expensive accessories that showcase his status.

1. Homes

Wizkid owns several properties, including a mansion in the affluent area of Lekki, Lagos, and a house in Los Angeles, USA, reportedly worth several million dollars. His Lagos mansion is valued at around ₦1 billion ($588,000).

2. Luxury Cars

Wizkid is known for his love of cars. His garage features a collection of exotic vehicles, including a Lamborghini Urus (₦120 million), Mercedes Benz G63 (₦60 million), and Porsche Panamera (₦50 million).

3. Private Jets

While it’s not confirmed that Wizkid owns a private jet, he frequently travels in private jets, sparking rumors that he may own or co-own one.

Net Worth Comparison with Other Celebrities

To put Wizkid’s financial standing into perspective, let’s compare his net worth to five other top musicians in the industry:

Compared to his peers, Wizkid stands among the wealthiest Nigerian musicians, coming close to Davido, but far ahead of artists like Tiwa Savage and Olamide in terms of net worth.

Predictions for Wizkid’s Future Net Worth

Wizkid shows no signs of slowing down. With new projects on the horizon, including collaborations with top international artists and potential business ventures in fashion, technology, and real estate, his net worth is expected to increase steadily over the next few years.

Given his work ethic and continuous musical evolution, it’s safe to predict that Wizkid’s net worth could rise to ₦68 billion ($40 million) by 2025 + 5, especially as Afrobeats continues its global takeover.

Wizkid’s Net Worth Over the Years

Conclusion

Wizkid’s rise from the streets of Lagos to international stardom is a story of grit, talent, and savvy business moves. His impact on the global music scene, particularly with the rise of Afrobeats, has cemented his status as a living legend. As his wealth continues to grow, so does his influence, making him not only a musical powerhouse but a symbol of African excellence.

With ongoing projects and potential ventures in business, Wizkid’s financial future looks even brighter, proving that his reign as the “Starboy” is far from over.