Wizkid Net Worth: Career & Endorsement

WizKid
WizKid (Source: CuteWallpaper.org)

Nigerian singer and songwriter, Wizkid’s net worth is a staggering $4 million. 

After the release of ‘Holla at Your Boy’ in 2010, the lead song from his debut studio album, Superstar, he rose to prominence.

Although he is well-known in Africa and the Afrobeat community, he achieved international fame after collaborating with Drake on the hit single ‘One Dance.’

The song reached number one in the USA and 14 other countries and smashed many records, making him the first Afrobeats artist to hold the Guinness Book of World Records.

Wizkid in a Show (Source: TCDConcept)

In 2020, his fourth studio album, ‘Made in Lagos,’ debuted at number one on the Billboard World Album Chart, receiving commercial success and critical acclaim.

His single ‘Essence’ became the first Nigerian song to rank on the Billboard Hot 100, including a top ten after a Justin Bieber remix.

In 2021, with more than 3 billion streams across all credits, Wizkid became the most-streamed Nigerian artist on Spotify.

Wizkid | Quick Facts

Let’s look at quick facts about Wizkid to learn more about him.

Birth Name Ayodeji Ibrahim Balogun
Professional Name Wizkid
Nick Name Lil Prinz, Wizzy, Starboy, Machala, Daddy Yo, Baba Nla, Big Wiz, Eleniyan
Birth Date July 16, 1990
Age 31 Years Old
Birth Place Surulere, Lagos, Nigeria
Height 5 feet 4 inches (162 cm)
Weight 60 kg (132 lbs)
Religion N/A
Gender Male
Nationality Nigerian
Distinctive Feature Dark Complexion
Eye Color Dark Brown
Hair Color Black
Profession Singer, Songwriter
Awards  Grammy Award (2019), Billboard Music Award (2017), Soul Train Music Award (2019,2020,2021)
Father’s Name Alhaji Muniru Olatunji Balogun
Mother’s Name Jane Dolapo Balogun
Genres Afrobeats, Afrobeat Reggae, Dancehall, R&B, Hip-hop, Pop
Horoscope Cancer
Ethnicity Nigerian
Sibling 12 sisters
High School Ijebu Ode Grammar School
College Lagos State Univesity, Lead City University (Dropped out from both)
Clothing Line Starboy
Sexual Orientation Straight
Marital Status Single
Girlfriend N/A
Children Three son
Active Since 2001-Present
Merch
Social Media FacebookTwitterInstagram 
Last Update May 2022

Wizkid | Net Worth and Income

Multi-talented singer and songwriter Wizkid’s net worth is a massive $4 million. In fact, Wizkid is a billionaire in Nigeria.

A large chunk of his income depends on his successful music career, including album sales national and international tours.

He charges more than $24,000 for a stage show in Nigeria.

In 2018, he took home around $681,200 to perform at a royal wedding at Umaid Bhawan Palace in India.

Endorsement deals are another huge factor contributing to his net worth. He represents several Nigerian and international companies as a brand ambassador.

Wizkid signed a one-year endorsement deal with Pepsi in 2012, earning $350,000 for the single agreement.

Similarly, in 2015 he signed a deal of almost $290,000 with GLO, a Nigerian multinational telecommunications company.

He received $20,000 from Dolce & Gabbana for walking with Naomi Campbell in a fashion show in Milan in 2018.

Wizkid was paid $3.75 million to pose in a tracksuit designed for the official Nigerian Super Eagles jersey worn during the 2018 World Cup in Russia.

He has a huge social media following, which gives him the freedom to engage in social media endorsement posts.

Each of his endorsed posts is estimated to cost $57,300.

Wizkid also earns a massive amount from YouTube’s advertisement revenue and sponsorship. He has $10.3K to $165.1K estimated monthly income and $123.8K to $2M estimated yearly income.

In addition, he has more than 7 million monthly Spotify listeners, making a huge amount from millions of streams.

Furthermore, he owns a record label called Starboy Entertainment. The label has signed multiple chart-topping artists, making him a fortune.

Net Worth of Wizkid in Different Currencies

Let’s look into Wizkid’s net worth in different currencies, including the cryptocurrency Bitcoin.

Currency Net Worth
Euro € 3,593,080
Pound Sterling £ 2,989,300
Australian Dollar A$ 5,715,960
Canadian Dollar C$ 5,111,580
Indian Rupee ₹ 300,212,000
Bitcoin ฿ 109.48

Wizkid | Houses, Cars, Jet & Jewelry

Houses

As of May, 2022, Wizkid’s net worth is $4 million.

He purchased his first home in 2013 for the price of $240,000. The property lies in Lekki, a rich neighborhood in Lagos, Nigeria. The mansion was completed constructed from scratch by the singer.

Wizkid’s Mansion in Los Angeles (Source: Carmart)

Similarly, he owns a mansion in Surulere, Lagos, which he purchased for $44,00. In 2016, he bought a 3-story estate in Los Angeles, California, that cost him more than $50,000.

In addition, he has also purchased a house for his parents.

Cars

His first car was Hyundai Sonata, whose starting price is $25,000. As he got richer, he started buying luxury cars.

He owns a $203,000 Mercedes Benz G63 AMG and $37,000 BMW X6. Similarly, he had a $44,000 Porsche Panamera, which he crashed in an accident.

Wizkid Bentley Continental GT Speed Convertible (Source: Carmart)

In 2019, he bought a $300,000 Lamborghini Urus, the most expensive car in his garage.

In addition, he has a $61,000 Porsche Cayenne and Bentley Continental GT Speed Convertible that costs around $170,000.

Jet

Wizkid is the richest musician in Nigeria. So, it is no surprise that he owns a private jet.

Wizkid Net Worth
Wizkid posing in Front of His Jet (Source: Naija Car News)

Wizkid’s private jet is worth $40 million, which he uses for travel. The singer loves taking photos of his jet and often shares them on social media.

Jewelry

Wizkid has an impressive $2.4 million worth of jewelry collections.

He loves wearing branded watches. Wizkid has 15 pieces of Rolex that cost around $20,000 to $40,000. Similarly, he owns a special Jacob & Co fully iced out, $1.2 million diamond wristwatch.

Wizkid Net Worth
Wizkid’s Jewelry (Source: Pinterest/Brandont)

Wizkid occasionally wears his $150,000 Frank Muller wristwatch.

In addition, he wears a $30,000 huge diamond ring, including designer rings costing around $3,000 to $15,000.

Furthermore, Wizkid has $50,000 customized face pendants and a Starboy chain, including 8 Cuban chains costing more than $50,000 for each.

Wizkid | Lifestyle and Vacation

Lifestyle

As of May 2022 Wizkid’s net worth is a massive $4 million.

He grew up with 12 sisters in an interfaith household. His father is a Muslim, while his mother is Christain.

Wizkid doesn’t stay in a longer and more committed relationship. He has had numerous affairs with beautiful women in his life.

He recently dated singer Tiwa Savage but ended the relationship in 2020.

Similarly, he has also dated actress Sophie Rammal, singer Victoria Kimani, reality TV star Hudah Monroe and singer Tems.

In 2011, the musician welcomed his first son, Boluwatife, at the age of 21. After that, he had two more sons in 2016 and 2017, all from different women.

Wizkid lives a notorious lifestyle as he often gets involved in feuds. He was caught in Twitter feuds with fellow musicians like Banky, Skales, Davido, Dammy Krane, Saeon, Samklef, Reekado Banks, and blogger Linda Ikeji.

Wizkid holds a deep respect for Nigerian rapper and record producer Naeto C. He was one of the mentors and coaches who helped him when he was 15 years old.

It wasn’t by luck that he became a top-performing icon in the music industry. He succeeded with hard work, determination, and learning from the right people.

His favorite color is black as he frequently wears clothes of this color. Similarly, he loves to eat Àmàlà, a local indigenous Nigerian food and lots of meat.

Wizkid dresses in a combination of streetwear and traditional Nigerian attire. He considers Pharrell Williams as one of his fashion style icons.

Vacation

Wizkid loves traveling and making memories. He has traveled to many countries for stage shows and vacations.

In 2018, he took five fans to enjoy a special weekend in Dubai. Similarly, in 2019, he was seen vacationing in Ghana.

Likewise, he has a home in Los Angeles, California, beside his Nigerian mansion. He spends his time in both countries.

Wizkid | Charity

Nigeria’s pride, Wizkid, loves getting involved in charity. He likes giving back to the needy and unfortunate.

In 2014, he gave food and wheelchairs to the less privileged after his show in the Benin Republic.

Similarly, he hosted a concert in Eko Convention Centre, Lagos, in 2016 and donated all the earnings to charity.

He is also concerned with generating awareness and funds to reduce poverty. As a Global Citizen ambassador, he has urged the Lagos State Government to join the campaign to break the cycle of poverty via appropriate education.

Wizkid aims to build schools and improve education in Africa, investing his earnings from Nike collaboration and other ventures.

Wizkid | Movies, Investments, and Endorsements

Movies

Wizkid appeared in the musical film Black is King in 2020. Similarly, he cameoed in the 2011 movie, The Return of Jenifa.

In addition, his music has been used in movies like Pacific Rim: Uprising (2018), Thirty Pieces of Silver (2020), and Black is King (2020). 

Investments

Aside from singing and performing, Wizkid is also a savvy businessman.

In 2013, Wizkid founded his record label, StarBoy Entertainment. Wizkid started his label to provide a platform for emerging musicians to display their talent.

The label has signed prominent artists like Maleek BerryLegendury Beatz, Efya, R2Bees, Mr. Eazi, and many more.

Similarly, he has a clothing line called Starboy, launched in 2018.

Likewise, he has partnered with Flutterwave, Africa’s leading payment technology company. Wizkid is even appointed as Global Brand Ambassador of the company.

Endorsements

Wizkid has partnered with various brands for endorsement deals that have contributed to his net worth.

He secured a one-year endorsement contract with Pepsi in 2012, which was later renewed for two more years. He also appeared in its commercial with other Nigerian musicians.

Similarly, in 2013, Wizkid signed a one-year contract with MTN Nigeria. He left the telecommunication company in 2015 and signed with another one, GLO.

In addition, he has endorsement deals with Sony, Ciroc, Nike, Dolce and Gabanna, and other international brands.

In 2019, he signed an endorsement deal with the United Bank for Africa (UBA), one of Africa’s finest banks. He became a brand ambassador for the bank.

Wizkid | Career

Wizkid, with his church choir friends, founded the ‘Glorious Five.’ Before disbanding, they released one studio album.

In 2009, Empire Mates Entertainment signed Wizkid to a record deal. After getting signed, he started working on his debut studio album, released in 2011. He toured London in 2012, after the success of his album.

Similarly, in 2014, Wizkid released his second album, Ayo. The album was continually postponed but released with notable features like American rapper Tyga.

Wizkid Net Worth
Wizkid Album Cover (Source: Pitchfork)

Wizkid’s third album, Sounds from the Other Side, was released in 2017. The album consists of Wizkid’s previous collaborations with Drake and Chris Brown and features from Major Lazer, Ty Dolla Sign, and Trey Songz.

He was also featured on Beyoncé‘s 2019 “Brown Skin Girl,” a critically acclaimed soundtrack.

In addition, his fourth album, Made in Lagos, was released in 2020. The album was nominated for Grammy Awards.

Some Interesting Facts About Wizkid

  • October 6 is celebrated as “World Wizkid Day” in the USA. In 2018, the former Governor of Minnesota declared the day to celebrate his international success.
  • Wizkid is the most award-nominated musical artist in Nigeria.
  • He is the first Nigerian musician to receive three Billboard Music Awards.

FAQs

What does Wizkid stand for?

It refers to someone who is unusually bright, clever, or successful, particularly at a young age.

What is Wizkid’s genre?

Wizkid’s music mixes popular hip-hop with genres including afrobeat, dancehall, reggae, and R&B.

Who is richer between Davido and Wizkid?

Davido’s net worth is $10 million, a little bigger than Wizkid’s net worth of $4 million.

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