FAST INFO MAGAZINE: Top 10 wealthiest musicians in Africa

Saturday, 19 July 2014

Top 10 wealthiest musicians in Africa


In the recent past, it has become something of a sport for various organisations to come up with list of richest entertainers, using various parameters most convenient to them.

And more often than not, their publications are either greeted with disbelief, outrage and even scorn. If not from the persons concerned, it comes from the members of the public. There has

never been a time a published list of the richest African musicians was welcomed with widespread acceptability.

Even when Channel O and Forbes came up with a top ten list of richest African musicians, presumably using factors such as endorsement value, popularity, show rates, sales, awards, YouTube views, appearance in newspapers, investment, social media presense, influence and so many other factors, many people still did not believe they got it spot on.

Now, an African online magazine known as Answers Africa has done its own findings, using pretty much the same parameters as Forbes and here is what they came up with. Compare it with Forbes list and see which one is nearer the mark:

Youssou N'dour
Youssou N'dour
1. Youssou N’dour: The legendary Senegalese singer born in 1959 tops the list. He is said to own biggest media houses in Senegal, including radio and TV stations. He has served as Senegalese cultural ambassador and culture minister . Note; not on Forbes list.
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P-Square
P-Square
2. P-Square: The singing duo of Peter and Paul sit in the second position according to Answers Africa on account of their various endorsements and returns on shows and tours. They are said to make over 150 thousand dollars per show. Their Ikeja crib is valued at 3M dollars. Note: Rated third on Forbes’ list.
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D’Banj
D’Banj
3. D’Banj: The Koko master who has now gone in deep into entrepreneurship is rated third richest in Africa. He charges over 100 thousand dollars per show and he is said to have a house in Atlanta, Georgia, USA worth more than 1.5M dollars. Note: Forbes rated him fourth in Africa.
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Kofi Olomide
Kofi Olomide
4. Kofi Olomide: Real names, Antoine Christophe Mumba, born 1956 is 4th. The DR Congplese Soukous star rakes in more than 100 thousand dollars per show. Has 7 albums to his credit. Note: Not on Forbes list.
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Salif Keita
Salif Keita
5. Salif Keita: Malian Afro-pop singer, born 1949 is a direct descendant of Emperor Sundiata Keita, founder of Mali Empire. He is said to have private island and estates in France. Note: Not on Forbes list
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Fally Ipupa
Fally Ipupa
6. Fally Ipupa: From Democratic Republic of Congo, Fally used to be part of Kofi Olomide’s band before branching out on his own. Immensely rich. Note: Not on Forbes list.
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2face Idibia
2face Idibia
7. 2face Idibia: Has 5 albums to his name while working on the 6th. 2Face has won over 40 awards, probably more decorated than any of his contemporaries. He has vast investment in real estate. Earns around 50 t0 80 thousand dollars per show. Note: 6th on Forbes list.
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Hugh Masekela
Hugh Masekela
8. Hugh Masekela: Born 1939, Hugh is one of the most talented jazz artiste in Africa. The South African singer and trumpeter was once nominated for a Grammy award. Note; Not on Forbes list
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Banky W
Banky W
9. Banky W: The widely acclaimed king of African Rn B has made so much money from endorsements. Brand ambassador for Etisalat in Nigeria, Samsung in the West African region, among others. Note: 10th on Forbes list.
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Jose Chameleone
Jose Chameleone
10. Jose Chameleone: Joseph Mayanja, popular reggae musician from Uganda is the biggest money-maker in the Eastern Africa. He is said to have a spectacular fleet of customised exotic cars. Note: Not on Forbes list.

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