Top 10 Wizkid Net Worth, House, Cars, Source Of Income In 2024

Ayodeji Ibrahim Balogun, popularly known as Wizkid is a Nigerian singer and songwriter who has come a long way from being a small-time artist in Surulere to becoming a global music sensation.

With his hit albums, sold-out tours, endorsements, and successful business ventures, he has amassed an impressive net worth of $4 million, as of 2024.

But that’s not all. Wizkid is a true trailblazer, from making EPs in his early days to releasing his groundbreaking album “Made in Lagos”, his cultural impact on Afrobeats has been felt not only in Nigeria but throughout the world.

If you’re curious to discover what makes him such an inspiring figure, you’re in luck.

In this article, we will delve deeper into the singer’s net worth, assets such as cars and houses, sources of wealth, and the incredible journey that led him to become one of the top musicians in Nigeria.

Wizkid Profile Summary

Real Name Ayodeji Ibrahim Balogun

Stage Name Wizkid

Date of Birth 16th July 1990

Place of Birth Surulere, Lagos

State of Origin Ogun State

Nationality Nigerian

Profession Singer, Songwriter

Age 33 years

Height 5 foot 3 inches

Weight 132lbs

Marital Status Single

Education Lagos State University

Record Label Starboy/RCA Records

Twitter @wizkidayo

Instagram @wizkidayo

Real Name Ayodeji Ibrahim Balogun

Wizkid Net worth

According to Legit.ng, wizkid’s net worth is estimated to be over $4 million in 2024, which he earned through a combination of record releases, live performances, endorsements, and commercial ventures.

Right from the beginning of his career, Wizkid has been known for creating unique soundscapes that blend afrobeat, pop music, and R&B seamlessly.

His impressive wealth accumulation over the past decade is a clear indication of his hard work, talent, and success.

Net Worth Growth

Between 2018 and 2023, Wizkid earned a whopping $30 million from his music tours, selling albums, and brand deals according to Dockaysworld.

Here’s a table showing his annual networth from 2017-2023.

Year Net Worth

2023 $30 million

2022 $26 million

2021 $21 million

2020 $20 million

2019 $15 million

2018 $5 million

2017 $4 million

Source of Wealth

Wizkid is a renowned Afrobeats artist, known around the world for his exceptional music.

Chances are, you’ve already got one of his hits on your playlist because he’s just that good.

Aside from consistently putting out hit songs, Wizkid is also a financial genius, and his net worth speaks volumes of his talent. Before going into details about his various sources of wealth, let’s discuss his musical career so far.

Wizkid’s journey as a musician began at the young age of 11 when he started performing at his mother’s church. In 2009, he dropped his first single, “Holla at Your Boy,” which quickly became a sensation all over Africa.

After signing with EME Music, a well-known record label company, Wizkid released two studio albums, “Superstar” and “Ayo,” over five years. These albums included popular tracks like

“Pakurumo” and “Love My Baby,” cementing his status as one of Nigeria’s fastest-rising stars.

Wizkid eventually left EME to launch his own label, Starboy Entertainment, giving him more creative control over his music and the freedom to explore new sounds, collaborations, and business ventures.

As a record label boss, he not only earns money from his own music, but also from managing other artists under his label.

In 2016, Wizkid collaborated with Drake on the hit single “One Dance,” propelling him to international fame. This song opened doors for international acts, brands, and businesses to collaborate with him, substantially increasing his income.

His latest album, “Made In Lagos,” has already received over 1.02 billion on-demand streams in the United States alone, raking in millions of dollars every year. This number is expected to keep growing in the coming years.

Wizkid’s musical success is not by mere luck, rather it is a testament to his genius, the quality of his music production, raw talent and timeless sound.

In the following paragraphs, we will delve into how the Afrobeats sensation has made his wealth from various sources of income.

Brand Endorsements

In addition to his successful music career, Wizkid has also earned significant income from his brand endorsement deals.

It’s no surprise that top companies worth millions of dollars would want to associate themselves with the Starboy brand.

With his magnetic personality and worldwide appeal, Wizkid has caught the attention of local and international companies alike, who are eager to collaborate with him.

Wizkid & Tecno Mobile

One of Wizkid’s notable endorsements is with Tecno Mobile. He became a brand ambassador for the company in 2020 and his deal was worth $150,000.

Wizkid & United Bank of Africa (UBA)

Wizkid became the face of one of Nigeria’s biggest banks UBA, in 2019. UBA offered him a mouth-watering deal that will see the singer make a whopping sum of $ 3 million

Wizkid’s association with the United Bank for Africa (UBA) further illustrates his broad appeal.

Wizkid & Ciroc

In 2018 Wizkid entered into a great deal with Ciroc to become their brand ambassador. The collaboration with Ciroc, a premium vodka brand, adds a touch of sophistication to his brand portfolio.

After signing the deal, The singer shared the news on his social media page however, the details and the monetary value of the deal were not disclosed.

Wizkid & Pepsi

In 2012, Wizkid signed a lucrative $300,000 endorsement deal with Pepsi, which led to one of the company’s most viral moments.

After one year elapsed, Pepsi extended their deal with Wizkid for another year and again for another 5years.

After all the years of being the brand ambassador for Pepsi, Wizkid made an estimated sum of $

1.8 million.

His Pepsi deal continues to be a very great accomplishment for the Afrobeats singer.

Wizkid & MTN

In 2013, MTN signed a brand ambassador deal with Ayodeji Ibrahim Balogun, popularly known as Wizkid, one of the most successful and influential musicians in Nigeria. The deal was worth $115,000 and was for a one-year period.

At the end of the initial one-year contract, MTN renewed Wizkid’s contract for another two years, making him their brand ambassador for a total of three years.

Wizkid & Glo

In 2015, the popular Afrobeats artist Wizkid decided to switch his endorsement deal from MTN to GLO.

It is reported that GLO offered him a deal worth $328,000, which was double the amount he was previously getting from MTN.

Wizkid & Guinness

Wizkid was offered an endorsement deal by Guinness, a leading alcoholic drink brand, during the Guinness world concert.

The details of the deal were not revealed, but it was said to be worth millions of Naira.

Wizkid & NIKE

In 2018, Nike offered Wizkid a one-year deal worth $20,000. This was made possible after the NFA and Nike had signed a five-year jersey contract. Upon the completion of the first year, Nike decided to renew the contract for another year.