Wizkid Net Worth: Career & Endorsement
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.
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 | 34 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 | Facebook, Twitter, Instagram |
Last Update | December 2024 |
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 December, 2024, 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.
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.
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’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 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 December 2024 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 Berry, Legendury 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’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.