December 7, 2019

Wizkid Net Worth 2019 – Endorsement & Deals

Let’s take a look How much Wizkid is worth on this page. See Wizkid Net Worth 2019:

Ayodeji Balogun, popularly referred to as “Wizkid” is a Nigerian recording artist and musician. He’s one of the biggest Nigerian artistes and arguably the biggest export of African music to the world, at least for this generation.
Arguably, because one might say if he’s indeed the biggest, why was he not invited for Coachella. Truly Coachella is not for small musicians. Him not been invited to Coachella music festival might have to do with the fact that his music isn’t Coachella worthy. I mean since he dropped Ojuelegba in 2014, his music quality has taken a gradual but steady decline.

However, if you look at it from another perspective, some of America’s and the world’s great artists won’t be at Coachella 2019, the likes of Beyonce, Ed Sheeran, Sam Smith and some others. However, again, Queen Bey was at Coachella 2018, and she even headlined the event.

Today’s article though is not about Wizkid’s current musical prowess, it’s about how much wealth he’s been able to acquire, that is what his net worth is. Our estimations are based on his endorsements, value of his album, assets, and investments, and of course show and record sales earnings. However, before going that way let’s see a little about the past of this young man, and maybe how he got to be the man that he is today in the Nigerian and African music industry today.

Brief History About Wizkid

Wizkid was born in 1990 in Lagos Nigeria, to a multi-religious family; a Muslim father and a Christian mother. His music actually started in the church, when he was part of a group called glorious five. Though, just like many other popular musicians, he didn’t remain in the church. He was just 11, but as at that time, it was already obvious that the boy had musical talent.

This began to look up for him when he was discovered by Banky W, and signed into the now-defunct EME (Empire Mates Entertainment) Records. This was in 2009, fast forward to 2011, Wizkidreleases his first hit single “Holla at your Boy”. The song was an instant hit and Wizkid became the crush of many teen girls. This was Wizkid’s first taste of money. 2012, he won Next rated at Hip TV music awards. From then Wizkid did not look back, he kept on dropping hit after hit.

In 2013 Wizkid bought a $20 million Porsche, he got in an accident while returning from the club, although he came out unscratched, the same couldn’t be said about the vehicle. Not to,o long after that the young man replaces the Porsche with another $20 million Porsche. So as early as 2013, this young man already had what some of us would call “Bastard money”.

Wizkid Net Worth 2019 Forbes

According to calculations and estimations, Starboy is worth a whopping $20 million. So how did Wizkid become this rich, let’s take a look below.

Wizkid Lucrative Endorsement Deals

In 2013 he became Guinness brand ambassador with an endorsement deal worth N128million. He is also a Pepsi brand ambassador with a signed deal of $350,000 (N70million) and later became a Glo brand ambassador (N120million) after ditching MTN’s N45million deal.
Starboy landed and endorsement deal with beer manufacturing giant, Guinness, it was worth N128 million, also he became the brand Ambassador for Pepsi in a deal worth over N70 million. Then he was MTN’s brand ambassador for N45miillion at the end of the deal though , MTN didn’t renew it, so Global compacted him with a deal of over N100 million.

Now all these moneys were earned by one man, this should begin to give you an insight into how much this guy is really worth. It is very possible that Wizkid has earned most from his endorsement deals than even his music.

Another great investment that brings in so much money for the Socco crooner is Star Boy Records, of which he’s the chairman and CEO. He started the label in 2013, after having a fall out with his then record label boss, Banky W. he has a few artistes signed to his label, however, he’s the only one who has released an album with that label. He and his label boys sometimes make music together, just like Soco. Which was a collaborative effort between him and some of his record label acts.

Star Boy Records has earned him lots of money, as he takes a percentage of whatever his label boys earn. The record label also serves as a management platform for some other established acts such as Maleek Berry, L.A.X, R2BEES and Mr. Eazi.
Starboy also makes a lot of money from his tours and music shows. He charges somewhere between 5 and 8 million Naira per show, and the young man is choke full of bookings.

Not forgetting some of the works he did with Drake which even brought him international recognition. Wizkid is a multiple award-winning artiste his current networth according to Forbes Dec 2018 list is $20 million making him one of Africa’s richest musicians and definitely the richest Nigerian musician.

Do you agree that Wizkid Net worth 2019 is $20 million or less and is he really the richest musician in Nigeria as at today?

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