Top 10 Richest Rappers in Africa (2024)

Many important musicians in Africa have managed to acquire fame and wealth, particularly within the Hip-hop industry.

There is a plethora of top highest-earning rappers in the world as well as the most wealthy rappers from Africa who are playing on the African continent. Kiernan Jarry is the richest rapper in Africa with an estimated net worth of $11 million. 

Top 10 Richest Rappers In Africa

In light of their assets, investments endorsement deals, and other sources of income, the following are the richest rappers in Africa:

Kiernan Jarry

With an estimated net worth of about $12 million, Kiernan Jarry who is a South African rapper is currently the richest rapper in Africa. Kiernan Jarry, who is identified as AKA is a record producer, rapper, singer, and also businessman. The richest rapper was raised in Cape Town in South Africa. Kiernan Jarry’s single Victory Lap in his debut album Altar ego was a major factor in his fame since the album was an instant hit.

Since then, he’s released numerous other successful albums. Certain of these have been certified Gold and others Platinum. Due to his success and recognition, he has been able to secure endorsements with various brands, including Sony Music and others.

Adedeji Olamide

Adedeji Olamide who is professionally known as Olamide as well as Baddo is known as a Nigerian musician, rapper, record producer, and entrepreneur. The chief executive officer of YBNL who began as an indigenous artist was born and raised in Bari, Lagos in 1989. His first hit song “Eni Duro” was released in 2012 under the Coded Tunes label before he began to establish his record label.

Since then, he’s released several highly successful albums. In addition, he has worked with many famous musicians like Wizkid, ID Cabasa, 9ice, Reminisce, D’banj, and more. The Yoruba rapper, with his fame and contribution, is recognized among the top rappers in Africa. Olamide has secured numerous endorsement deals with various brands due to his popularity. With an estimated wealth of about $11 million, Olamide is one of the richest rappers in Africa.

Chibuzor Azubuike

Chibuzor Nelson Azubuike is another Nigerian rapper featured on our list of the most successful rappers in Africa. The rapper popularly known as Phyno is a musician, rapper, songwriter, and record producer. Phyno was born on the 9th of October 1986, in Enugu state and he began his singing career in 2003. He made his way to the limelight due to his hit single Crowd Mentality. His debut album No Guts No Glory was released in 2012, and since then, he’s released several albums following.

Since he is a member of an ethnic group known as the Nigerian Igbo people, Phyno is known for his rapping in the Igbo language, which is what makes him stand out from many rappers. Phyno has worked with many of the most popular and wealthy musicians from Nigeria comprising Olamide, Davido, Flavour, Timaya, and many more. With an estimated net worth of about $10 million, he’s one of the richest rappers in Africa.

Jude Abaga

Jude Abaga is one of the richest Hausa musicians in Nigeria presently and among the richest rappers in Africa. The rapper who is from Jos, Nigeria released his debut album Talk About It in 2008. Since then, he’s released several other albums, ranging from The Chairman up to many others that have contributed to his popularity.

M.I is an owner of a record label under which he signed with his brother Jesse Jagz and other Musicians. Like all popular rappers, M.I has bagged many endorsement contracts and awards with various companies. With an estimated net worth of about $8 million, he’s one of the most successful rappers in Africa.

Michael Owusu Addo

Michael Owusu Addo who bears Sarkodie as his stage name is one of the most successful rappers in Africa. The rapper who was born on the 10th of July, 1988 is from Koforidua, Tema in Ghana. He is famous for his unique style of dancing and singing called Azonto. Because of his significant impact on the Ghanaian musical industry, Sarkodie gained a considerable amount of fame and money.

In the process, he has secured numerous endorsement deals and recognitions. Sarkodie’s net worth at present is estimated at $7 million making him one of the richest rappers in Africa. In addition, he is also considered to be among the most popular rappers, particularly in the Ghanaian music business.

Die Antwoord

As opposed to all the other top rappers in Africa we have a Hip-hop group from Capetown, South Africa on the list. The group, which includes Hip-hop superstars and producers such as Watkin Tudor, also known as Ninja, Anri Du Toit as Yoland Visser, and DJ HITEK was formed in the year 2008.

Since then, they’ve released numerous singles, 2 EPs, and five studio albums. They are well-known for their performances locally, especially in Zef, the South African counterculture movement called Zef. With earnings of $5 million, the Hip-hop group celebrities can be considered to be one of the top musicians in Africa.

Folarin Falana 

Folarin Falana who is commonly called Falz is a Nigerian lawyer, singer, rapper, and actor. From a family populated by barristers, Falz was also able to complete his Law studies in Abuja before being called for admission to his place in the Nigerian Law bar. Falz began singing in the early years of his life even before becoming an attorney. While in secondary school, he joined the band The School Boys with Friends. 

However, it wasn’t until 2009 that he began to pursue a career in music professionally. Since then, he has worked with numerous artists in the music industry, while making his song. Additionally, Falz is a talented actor, who has appeared in a variety of films. With an estimated net worth of $5 million, he is one of the richest rappers in Africa.

Panshak Zamani

Similar to Jude Abaga, Panshak Zamani who is often called Ice Prince is one of the most successful Nigerian Hausa artists. He is an award-winning artist, rapper, songwriter, and actor. His debut album Everyone Loves Ice Prince was released in the year 2009. Since then, he’s released numerous albums that have contributed to his fame and wealth. Ice Prince became popular after the release of his single called Oleku. His estimated net worth stands at $4 million and he’s the eighth richest rapper in Africa.

Casper Nyovest

Here’s yet another South African rapper on our list of the richest rappers in Africa. Casper Nyovest who was born and was raised in Mahikeng in the North West of South Africa is an award-winning singer, dancer, songwriter, record producer as well as a businessman.

Casper Nyovest became popular after the release of his single Gusheshe in 2013. Since then, he’s been dropping albums and songs that have been a huge success most of which helped to increase his fame and earnings. In a comprehensive analysis of his investments and assets, Casper Nyovest’s net worth is estimated at $3 million. This makes him one of the richest rappers in Africa.

Martin Alejo 

One of the richest rappers in Africa is  Oludemilade Martin Alejo who bears Ycee as his stage name. The rapper is a Nigerian musician, rapper, and songwriter who made headlines popularity after releasing his hit single Condo. With an estimated net worth of $1.5 million, Oludemilade Martin Alejo is one of the most successful artists in Africa.

Related:

• Top 10 Richest Women in Africa
• Top 10 Richest Men In Africa

Conclusion

Africa which is the most populous continent in the world has been home to a variety of musical talents that range from rappers to sensational musicians and singers.

These talented people have been able to use their talent to accumulate immense wealth, making them the most prosperous among their peers, while others are still working on the process of earning a fortune. The rappers outlined above are the richest rappers in Africa performing locally and also internationally.