Ayodeji Ibrahim Balogun, popularly known as Wizkid is a Nigerian singer and songwriter who has come a long way from being a small-time artist in Surulere to becoming a global music sensation.
With his hit albums, sold-out tours, endorsements, and successful business ventures, he has amassed an impressive net worth of $4 million as of 2024.
But that’s not all. Wizkid is a true trailblazer, from making EPs in his early days to releasing his groundbreaking album “Made in Lagos”, his cultural impact on Afrobeats has been felt not only in Nigeria but throughout the world.
If you’re curious to discover what makes him such an inspiring figure, you’re in luck.
In this article, we will delve deeper into the singer’s net worth, assets such as cars and houses, sources of wealth, and the incredible journey that led him to become one of the top musicians in Nigeria.
Wizkid Profile Summary
Real Name Ayodeji Ibrahim Balogun
Stage Name Wizkid.
Date of Birth 16th July 1990
Place of Birth Surulere, Lagos
State of Origin Ogun State
Nationality Nigerian
Profession Singer, Songwriter
Age 33 years
Height 5 foot 3 inches
Weight 132lbs
Marital Status Single
Education Lagos State University
Record Label Starboy/RCA Records
Twitter @wizkidayo
Instagram @wizkidayo
Real Name Ayodeji Ibrahim Balogun
Wizkid Net worth
According to Legit.ng, wizkid’s net worth is estimated to be over $4 million in 2024, 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.
Net Worth Growth
Between 2018 and 2023, Wizkid earned a whopping $30 million from his music tours, selling albums, and brand deals according to Dockaysworld.
Here’s a table showing his annual networth from 2017-2023.
Year Net Worth
2023 $30 million
2022 $26 million
2021 $21 million
2020 $20 million
2019 $15 million
2018 $5 million
Source of Wealth
Wizkid is a renowned Afrobeats artist known around the world for his exceptional music.
Chances are, you’ve already got one of his hits on your playlist because he’s just that good.
Aside from consistently putting out hit songs, Wizkid is also a financial genius, and his net worth speaks volumes of his talent. Before going into details about his various sources of wealth, let’s discuss his musical career so far.
Wizkid’s journey as a musician began at the young age of 11 when he started performing at his mother’s church. In 2009, he dropped his first single, “Holla at Your Boy,” which quickly became a sensation all over Africa.
After signing with EME Music, a well-known record label company, Wizkid released two studio albums, “Superstar” and “Ayo,” over 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 eventually left EME to launch his own label, Starboy Entertainment, giving him more creative control over his music and the freedom to explore new sounds, collaborations, and business ventures.
As a record label boss, he not only earns money from his own music, but also from managing other artists under his label.
In 2016, Wizkid collaborated with Drake on the hit single “One Dance
propelling 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 keep growing in the coming years.
Wizkid’s musical success is not by mere luck, rather it is a testament to his genius, the quality of his music production, raw talent and timeless sound.
In the following paragraphs, we will delve into how the Afrobeats sensation has made his wealth from various sources of income.
Brand Endorsements
In addition to his successful music career, Wizkid has also earned significant income from his brand endorsement deals.
It’s no surprise that top companies worth millions of dollars would want to associate themselves with the Starboy brand.
With his magnetic personality and worldwide appeal, Wizkid has caught the attention of local and international companies alike, who are eager to collaborate with him.
Wizkid & Tecno Mobile
One of Wizkid’s notable endorsements is with Tecno Mobile. He became a brand ambassador for the company in 2020 and his deal was worth $150,000.
Wizkid & United Bank of Africa (UBA)
Wizkid became the face of one of Nigeria’s biggest banks UBA, in 2019. UBA offered him a mouth-watering deal that will see the singer make a whopping sum of $ 3 million
Wizkid’s association with the United Bank for Africa (UBA) further illustrates his broad appeal.
Wizkid’s cars
BMW X6 crossover
Very early into his career, he purchased his first car which was a BMW X6 Crossover which was worth N15 million.
Lamborghini Urus
In 2018, He also had a luxury Lamborghini Urus, which cost him N350 Million.
Porsche Panamera
He has been spotted with Range Rover Autobiography and a luxury Porsche Panamera which he bought for over N60 million back in the day.
Mercedes Benz V
He didn’t stop there, He also bought a Mercedes Benz V Class 2019 Zero KM, which starts at N78 million.
Mercedes-Benz
He added a Mercedes-Benz G-Wagon to his collection, which is worth a whopping N70 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.
Houses
It’s impressive how the singer has strategically acquired properties in Lagos.
Back in 2013, Wizkid bought his very first house in Lekki, Lagos for N 68 million. This highbrow area is known for its luxurious real estate.
Besides, the artist also has another house in Surulere, Lagos, which he purchased for ₦13 million. According to online sources, he got this house for his parents.
Moreover, WizKid’s investment portfolio extends beyond Nigeria, as he owns a 3-storey mansion in Los Angeles, US, which reportedly costs between $10 million and $15 million
Conclusion
With Wizkid’s fan base streaming his music, 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.