Wizkid Net Worth 2023 – Bio, Wiki, Awards, Assets & More

Wizkid, whose real name is Ayodeji Ibrahim Balogun, is a Nigerian singer and songwriter who has become a prominent figure in the modern-day Afrobeats music scene. With a career that began at the age of 11, Wizkid has released several successful albums and collaborated with big names in the music industry, including Drake, Beyoncé, and Justin Bieber. He is regarded as one of the most influential African artists of all time and has broken several records, including being the first Afrobeats artist to appear in the Guinness World Records. In this article, we’ll delve into Wizkid’s net worth, which reflects his success and influence in the music industry.

Wizkid Biography

Wizkid, born Ayodeji Ibrahim Balogun on July 16, 1990, in Surulere, Lagos, Nigeria, is a Nigerian singer and songwriter who has achieved tremendous success both in Africa and internationally. He grew up in a large, interfaith household with twelve female siblings and attended Ijebu Ode Grammar School. Wizkid began his music career at the age of 11 and formed a group called the Glorious Five with his church friends, with whom he released an album. He later met record producer OJB Jezreel, who mentored him and helped him develop his craft. Wizkid signed a record deal with Banky W’s Empire Mates Entertainment in 2009, and his debut single “Holla at Your Boy” from his first album Superstar (2011) helped him gain national attention in Nigeria. He achieved international recognition following his collaboration with Drake on the hit single “One Dance” in 2016. Wizkid has since released multiple successful albums, including Ayo (2014), Sounds from the Other Side (2017), and Made in Lagos (2020). With over 3.4 billion streams across all credits, he was the most-streamed Nigerian artist of all time on Spotify as of February 2021.

Wizkid Career

Wizkid’s early life and career beginnings played a significant role in shaping his music career. Born in Surulere, Lagos in 1990, he grew up in a large household with twelve female siblings. Wizkid attended Ijebu Ode Grammar School and was exposed to various music genres from an early age, including the works of King Sunny Ade, Fela Kuti, and Bob Marley. He started his music career by forming a group called the Glorious Five with some of his church friends, and they released an album together. Later on, he met OJB Jezreel, a record producer who mentored him and prevented him from recording for a year. While watching other musicians record in the studio, Wizkid learned valuable skills that would later come in handy in his career. He signed a record deal with Empire Mates Entertainment in 2009 and co-wrote songs for various artists, including Banky W., Naeto C, Ikechukwu, and M.I. Although he dropped out of Lagos State University and later Lead City University, he continued to hone his skills and grow his music career, paving the way for his eventual rise to fame.

Wizkid Net Worth

As of 2023, Nigerian singer and songwriter Wizkid’s net worth is estimated to be around $17.8 million. He is considered one of the best pop singers in Africa, with a huge following around the globe. The major way Wizkid earns his income is through streaming his music, with over 3.4 billion streams across all platforms, averaging $0.003 per stream. This amounts to an estimated income of $10.4 million. In addition, Wizkid’s YouTube channel has 713 million video views and over 500,000 subscribers, making an estimated income of $1.6 million. Wizkid has also secured numerous endorsement deals with brands such as Pepsi, MTN, and Nike, with a total estimated revenue of $5.1 million. Finally, booking Wizkid for a show or event costs anywhere from $100,000 to $200,000, and he conducts an average of 5 shows a year, making an estimated revenue of $700,000 annually. All these sources of income make Wizkid one of the richest artists in the Nigerian music industry, surpassing Davido and Burna Boy.

Wizkid Net Worth From Music Streaming Platforms

The primary source of income for Wizkid is the streams he receives from his music. Whenever he releases a new album, he earns a substantial amount of money from these streams. To determine Wizkid’s net worth, it is crucial to consider the amount he has earned from all the streams he has received. According to online sources, Wizkid has accumulated over 3.4 billion streams from all the streaming platforms combined. On average, these platforms pay $0.003 per stream to the artist. Therefore, if we do the math, the estimated income from these streams would be $10.4 million, which is a significant amount.

Wizkid Income from Youtube

Wizkid also earns income through his presence on YouTube, where he gets paid for the ads that appear in his music videos. This is another significant revenue stream for him. To get a complete picture of Wizkid’s net worth, we need to consider his earnings from YouTube. Based on available data, Wizkid’s channel has accumulated a total of 713 million video views and over 500,000 subscribers. Monetizing these views would translate to an estimated income of $1.6 million. This is a substantial amount of money. Now that we have established Wizkid’s earnings from his YouTube channel, let’s also consider his income from shows and endorsement deals.

Wizkid Income from Shows & Endorsements

Wizkid has made a significant amount of money from his shows and endorsement deals. While his endorsement deals have brought in an estimated revenue of $5.1 million, it is also worth noting that his shows have been quite lucrative as well. With an average of 5 shows per year and a booking fee ranging from $100,000 to $200,000, Wizkid’s shows alone generate an estimated revenue of $700,000 annually. Although it’s difficult to determine Wizkid’s exact net worth based on this information alone, it’s clear that his income from shows and endorsement deals alone has been substantial.

Here is a list of Wizkid’s endorsement deals and their estimated worth:

1. Pepsi – $350,000
2. MTN – $115,000
3. GLO – $328,000
4. Guinness – $100,000
5. Nike – $200,000
6. Dolce and Gabbana – $10,000
7. Ciroc – $200,000
8. UBA – $3 million
9. Tecno – $1 million
10. Puma – $150,000

It’s worth noting that these figures are estimated and may not be exact, but they give a good indication of the value of Wizkid’s endorsement deals. These deals have no doubt contributed significantly to his overall net worth, and are a testament to his status as one of Nigeria’s most popular musicians.

Wizkid Net Worth 2023

Based on information available on our website, Wizkid’s net worth is estimated to be approximately $17.8 million (N8 billion naira), placing him at the top of the list as the richest artist in the Nigerian music industry, surpassing both Davido and Burnaboy in terms of wealth.

Wizkid Facts

• Wizkid was born on July 16, 1990 in Lagos State. He is the last child in his family and the only son.
• At the age of 11, Wizkid began singing under the stage name Lil Prinz and formed a group called Glorious Five. The group later released a 7-track album in church.
• Wizkid’s first album was with Glorious Five and it sold 10,000 copies.
• Wizkid had his first recording with OJB Jezreel at the age of 11.
• When he was 15, Wizkid was already songwriting and receiving guidance from Naeto C.
• In 2006, Wizkid changed his stage name from Lil Prinz to Wizkid.
• Wizkid had the opportunity to work with famous artists such as 2Face Idibia, Naeto C, and Sound Sultan before he became famous himself.
• Wizkid rose to fame in 2009 when he featured on M.I Abaga’s song, “Fast Cars.”
• “Holla At Your Boy,” released in 2010, is Wizkid’s breakout single.
• Wizkid is a trailblazer, having achieved many firsts in the African music industry, such as being the youngest African artist to receive a Grammy nomination, being the first African pop star to perform and sell out the Royal Albert Hall in London, and appearing in the Guinness Book of World Records as the first afro-pop artiste.