Ayodeji Ibrahim Balogun, widely known as Wizkid, has transformed from a budding artist in Surulere to a global music sensation. With hit albums, sold-out tours, endorsements, and successful business ventures, Wizkid’s net worth has reached an impressive $4 million as of 2024.
Wizkid’s Journey and Impact
Wizkid’s influence on Afrobeats is profound, with his journey marked by early EPs and the groundbreaking album “Made in Lagos.” His cultural impact extends beyond Nigeria, reaching global audiences.
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 feet 3 inches
– Weight: 132 lbs
– Marital Status: Single
– Education: Lagos State University
– Record Label: Starboy/RCA Records
– Twitter: @wizkidayo
– Instagram: @wizkidayo
Net Worth Growth
Wizkid’s net worth has seen substantial growth over the years, driven by music tours, album sales, and brand deals. His net worth progression from 2017 to 2023 is as follows:
| Year | Net Worth |
|——-|———–|
| 2023 | $30 million |
| 2022 | $26 million |
| 2021 | $21 million |
| 2020 | $20 million |
| 2019 | $15 million |
| 2018 | $5 million |
| 2017 | $4 million |
Sources of Wealth
Music Career
Wizkid’s journey began at 11, performing at his mother’s church. He gained fame with his 2009 hit “Holla at Your Boy.” After signing with EME Music, he released albums like “Superstar” and “Ayo,” featuring hits like “Pakurumo” and “Love My Baby.” He later founded Starboy Entertainment, enhancing his income by managing other artists.
His collaboration with Drake on “One Dance” in 2016 catapulted him to international stardom. His album “Made In Lagos” has garnered over 1.02 billion streams in the U.S. alone, significantly boosting his earnings.
Brand Endorsements
Wizkid’s lucrative endorsements contribute significantly to his wealth:
– Tecno Mobile: $150,000 deal (2020)
– United Bank for Africa (UBA): $3 million deal (2019)
– Ciroc: Details undisclosed
– Pepsi: $1.8 million over several years
– MTN: $115,000 initial deal, extended for three years
– Glo: $328,000 deal (2015)
– Guinness: Details undisclosed
– Nike: $20,000 annually (renewed)
– Dolce & Gabbana: $10,000 deal (2015)
– Puma: $1 million deal (2020)
Live Performances and Features
Wizkid’s live shows, including his historic sell-out at London’s O2 Arena, and collaborations with artists like Drake and Beyoncé, have significantly contributed to his earnings.
Personal Businesses
– Starboy Entertainment: Founded in 2013, the label has signed several successful artists.
– Starboy Pop-Up Stores: Located in fashion hubs like London and New York.
Assets
Cars
Wizkid owns an impressive car collection, including:
– BMW X6 Crossover: N15 million
– Lamborghini Urus: N350 million
– Porsche Panamera: N60 million
– Mercedes Benz V Class: N78 million
– Mercedes-Benz G-Wagon: N70 million
– Porsche Cayenne: N18 million
– Rolls Royce Cullinan (2021): N438 million
– Lamborghini Aventador: N600 million
Houses
Wizkid has strategically acquired properties:
– Lekki, Lagos: N68 million (2013)
– Surulere, Lagos: N13 million (for his parents)
– Los Angeles, US: Estimated between $10 million and $15 million
Conclusion
Wizkid’s impressive net worth, bolstered by his music, endorsements, and business ventures, underscores his status as a leading figure in the global music scene. With a dedicated fan base and ongoing projects, his wealth is expected to continue growing.
