Ayodeji Ibrahim Balogun, popularly referred to as Wizkid is a Nigerian singer and songwriter who has come a good distance from being a small-time artist in Surulere to turning into a world music sensation.
Together with his hit albums, sold-out excursions, endorsements, and profitable enterprise ventures, he has amassed a powerful web price of $4 million, as of 2024.
However that’s not all. Wizkid is a real trailblazer, from making EPs in his early days to releasing his groundbreaking album “Made in Lagos”, his cultural affect on Afrobeats has been felt not solely in Nigeria however all through the world.
Should you’re curious to find what makes him such an inspiring determine, you’re in luck.
On this article, we are going to delve deeper into the singer’s web price, property comparable to vehicles and homes, sources of wealth, and the unbelievable journey that led him to change into one of many high musicians in Nigeria.
Wizkid Profile Abstract
Actual Title Ayodeji Ibrahim Balogun
Stage Title Wizkid
Date of Beginning sixteenth July 1990
Place of Beginning Surulere, Lagos
State of Origin Ogun State
Nationality Nigerian
Career Singer, Songwriter
Age 33 years
Peak 5 foot 3 inches
Weight 132lbs
Marital Standing Single
Training Lagos State College
File Label Starboy/RCA Information
Twitter @wizkidayo
Instagram @wizkidayo
Actual Title Ayodeji Ibrahim Balogun
Wizkid Internet price
In keeping with Legit.ng, wizkid’s web price is estimated to be over $4 million in 2024, which he earned via a mix of file releases, stay performances, endorsements, and business ventures.
Proper from the start of his profession, Wizkid has been recognized for creating distinctive soundscapes that mix afrobeat, pop music, and R&B seamlessly.
His spectacular wealth accumulation over the previous decade is a transparent indication of his exhausting work, expertise, and success.
Internet Price Progress
Between 2018 and 2023, Wizkid earned a whopping $30 million from his music excursions, promoting albums, and model offers in line with Dockaysworld.
Right here’s a desk displaying his annual networth from 2017-2023.
Yr Internet Price
2023 $30 million
2022 $26 million
2021 $21 million
2020 $20 million
2019 $15 million
2018 $5 million
2017 $4 million
Supply of Wealth
Wizkid is a famend Afrobeats artist, recognized world wide for his distinctive music.
Chances are high, you’ve already bought one in all his hits in your playlist as a result of he’s simply that good.
Other than constantly placing out hit songs, Wizkid can also be a monetary genius, and his web price speaks volumes of his expertise. Earlier than going into particulars about his varied sources of wealth, let’s focus on his musical profession thus far.
Wizkid’s journey as a musician started on the younger age of 11 when he began acting at his mom’s church. In 2009, he dropped his first single, “Holla at Your Boy,” which shortly turned a sensation throughout Africa.
After signing with EME Music, a widely known file label firm, Wizkid launched two studio albums, “Famous person” and “Ayo,” over 5 years. These albums included in style tracks like
“Pakurumo” and “Love My Child,” cementing his standing as one in all Nigeria’s fastest-rising stars.
Wizkid finally left EME to launch his personal label, Starboy Leisure, giving him extra inventive management over his music and the liberty to discover new sounds, collaborations, and enterprise ventures.
As a file label boss, he not solely earns cash from his personal music, but additionally from managing different artists below his label.
In 2016, Wizkid collaborated with Drake on the hit single “One Dance,” propelling him to worldwide fame. This tune opened doorways for worldwide acts, manufacturers, and companies to collaborate with him, considerably rising his earnings.
His newest album, “Made In Lagos,” has already acquired over 1.02 billion on-demand streams in america alone, raking in hundreds of thousands of {dollars} yearly. This quantity is anticipated to continue to grow within the coming years.
Wizkid’s musical success is just not by mere luck, somewhat it’s a testomony to his genius, the standard of his music manufacturing, uncooked expertise and timeless sound.
Within the following paragraphs, we are going to delve into how the Afrobeats sensation has made his wealth from varied sources of earnings.
Model Endorsements
Along with his profitable music profession, Wizkid has additionally earned vital earnings from his model endorsement offers.
It’s no shock that high firms price hundreds of thousands of {dollars} would wish to affiliate themselves with the Starboy model.
Together with his magnetic persona and worldwide enchantment, Wizkid has caught the eye of native and worldwide firms alike, who’re desirous to collaborate with him.
Wizkid & Tecno Cellular
Certainly one of Wizkid’s notable endorsements is with Tecno Cellular. He turned a model ambassador for the corporate in 2020 and his deal was price $150,000.
Wizkid & United Financial institution of Africa (UBA)
Wizkid turned the face of one in all Nigeria’s largest banks UBA, in 2019. UBA provided him a mouth-watering deal that can see the singer make a whopping sum of $ 3 million
Wizkid’s affiliation with the United Financial institution for Africa (UBA) additional illustrates his broad enchantment.
Wizkid & Ciroc
In 2018 Wizkid entered into an incredible cope with Ciroc to change into their model ambassador. The collaboration with Ciroc, a premium vodka model, provides a contact of sophistication to his model portfolio.
After signing the deal, The singer shared the information on his social media web page nevertheless, the main points and the financial worth of the deal weren’t disclosed.
Wizkid & Pepsi
In 2012, Wizkid signed a profitable $300,000 endorsement cope with Pepsi, which led to one of many firm’s most viral moments.
After one yr elapsed, Pepsi prolonged their cope with Wizkid for one more yr and once more for one more 5years.
After all of the years of being the model ambassador for Pepsi, Wizkid made an estimated sum of $
1.8 million.
His Pepsi deal continues to be a really nice accomplishment for the Afrobeats singer.
Wizkid & MTN
In 2013, MTN signed a model ambassador cope with Ayodeji Ibrahim Balogun, popularly referred to as Wizkid, one of the crucial profitable and influential musicians in Nigeria. The deal was price $115,000 and was for a one-year interval.
On the finish of the preliminary one-year contract, MTN renewed Wizkid’s contract for one more two years, making him their model ambassador for a complete of three years.
Wizkid & Glo
In 2015, the favored Afrobeats artist Wizkid determined to change his endorsement deal from MTN to GLO.
It’s reported that GLO provided him a deal price $328,000, which was double the quantity he was beforehand getting from MTN.
Wizkid & Guinness
Wizkid was provided an endorsement deal by Guinness, a number one alcoholic drink model, throughout the Guinness world live performance.
The small print of the deal weren’t revealed, nevertheless it was stated to be price hundreds of thousands of Naira.
Wizkid & NIKE
In 2018, Nike provided Wizkid a one-year deal price $20,000. This was made attainable after the NFA and Nike had signed a five-year jersey contract. Upon the completion of the primary yr, Nike determined to resume the contract for one more yr.
Wizkid and Dolce & Gabbana
Again in 2015, Dolce and Gabbana provided Wizkid an endorsement deal by Dolce and Gabbana, which gave him the prospect to stroll down the runway alongside British supermodel Naomi Campbell.
The deal was reportedly price $10,000.
Wizkid & Puma
In 2020, Puma, the multinational sportswear firm, provided Wizkid a deal price a whopping sum of $1 million. Options
One other method wizkid earns cash is by that includes different artists. Previously decade, he has collaborated with varied artists throughout totally different genres.
Under we’ll take a look at a few of Wizkid’s finest options all through his profession.
Ojuelegba (Remix)” feat. Drake & Skepta (2015)
This remix propelled Wizkid’s Afrobeat to international heights with the assistance of Drake and Skepta. The fusion of Wizkid’s Afrobeat vibes with worldwide influences marked a major second in his profession.
“Come Nearer” feat. Drake (2017)
The collaboration with Drake continued with “Come Nearer,” a chart-topping single that seamlessly blended afrobeat sound with American pop. The tune acquired widespread acclaim throughout America.
“One Dance” by Drake feat. Wizkid
Wizkid’s contribution to Drake’s smash hit, ‘One Dance’, earned him this accolade. The observe holds the Guinness World File because the most-played tune on Spotify with over 1 billion streams.
Brown Pores and skin Woman” feat. Beyoncé, Blue Ivy Carter, and Saint John (2019)
Beyoncé’s “The Lion King: The Present” album featured a exceptional collaboration that celebrated black magnificence and tradition. Because of this, the tune ended up incomes Wizkid his first-ever Grammy Award.
“Essence” feat. Tems (2020): “Essence”
Wizkid’s “Made in Lagos” album had a standout observe which was a collaboration with Tems. The tune made historical past as the primary Nigerian tune to chart on each the Billboard Sizzling 100 and the Billboard International 200.
It was additionally nominated for the Finest International Efficiency class on the sixty fourth Annual Grammy Awards.
“Power (Keep Far Away)” feat. Skepta (2018)
Wizkid’s collaboration with UK artist Skepta produced an electrifying observe that completely showcased Wizkid’s international enchantment.
The tune “Power” shortly turned a fan favourite for its seamless fusion of Afro beats with parts of dancehall and hip-hop.
Soco” feat. Terri, Spotless & Ceeza Milli (2018)
Stay Exhibits
Wizkid’s plain expertise has earned him a spot among the many most sought-after performers in Nigeria and past. He has graced the stage at a number of high-profile occasions and live shows, each inside Nigeria and internationally.
In 2018, Wizkid made historical past as the primary African artist to promote out the enduring O2 Enviornment in London, headlining the Afro Republik live performance. Followers from throughout the globe have been drawn to the live performance, underscoring Wizkid’s worldwide enchantment and his skill to fill arenas along with his high-energy performances.
Private Enterprise
As a profitable singer and entertainer, Wizkid has invested his wealth in a couple of private companies. A few of which we are going to record beneath;
Starboy Leisure
In 2013, Wizkid based his file label, Starboy Leisure, which has since signed proficient artists comparable to Maleek Berry, Legendury Beatz, L.A.X, and afterward, Terri, Efya, and others.
Jada P. manages the label, and the songs produced below it have gained awards just like the Metropolis Folks Leisure Awards and The Beatz Awards.
Starboy Pop-Up Shops
Wizkid additionally expanded his enterprise by opening Starboy pop-up shops in main vogue hubs like London and New York. These shops promote clothes objects designed for his followers.
Automobiles
It’s no secret that Wizkid leads an expensive way of life and boasts a powerful assortment of vehicles. His vehicles present opulence, consolation, and superior options.
Under are a few of Wizkid’s vehicles:
BMW X6 crossover
Very early into his profession, he bought his first automotive which was a BMW X6 Crossover which was price N15 million.
Lamborghini Urus
In 2018, He additionally had a luxurious Lamborghini Urus, which price him N350 Million.
Porsche Panamera
He has been noticed with Vary Rover Autobiography and a luxurious Porsche Panamera which he purchased for over N60 million again within the day.
Mercedes Benz V
He didn’t cease there, He additionally purchased a Mercedes Benz V Class 2019 Zero KM, which begins at N78 million.
Mercedes-Benz
He added a Mercedes-Benz G-Wagon to his assortment, which is price a whopping N70 million.
Porsche Cayenne
Wizkid’s Cayenne price a whopping sum of ₦18 million.
Rolls Royce Cullinan
He additionally has a 2021 Rolls-Royce Cullinan price N438 million in Nigeria.
Lamborghini Aventador
In 2019, he purchased his Lamborghini Aventador for about 600,000,000 Naira.
Homes
It’s spectacular how the singer has strategically acquired properties in Lagos.
Again in 2013, Wizkid purchased his very first home in Lekki, Lagos for N 68 million. This intellectual space is thought for its luxurious actual property.
Moreover, the artist additionally has one other home in Surulere, Lagos, which he bought for ₦13 million. In keeping with on-line sources, he bought this home for his mother and father.
Furthermore, WizKid’s funding portfolio extends past Nigeria, as he owns a 3-storey mansion in Los Angeles, US, which reportedly prices between $10 million and $15 million
Conclusion
With Wizkid’s fan base streaming his music, shopping for tickets to his reveals, and albums, there’s little question that the artist will proceed to earn hundreds of thousands of naira for years to come back.