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Nigerian music icon Wizkid has cemented his status as one of the biggest stars to come from Africa. His catchy songs, global collaborations, and achievements have made him a household name. We all know that Wizkid is one of the big dogs in music industry but do you actually know what he’s worth, in dollars or even naira? You want to know how much he’s worth according to forbes, right? Alright let’s get into it.
Wizkid’s real name is Ayodeji Ibrahim Balogun. He was born in Surulere, Lagos in 1990. Wizkid started recording music as a young boy under Legendury Beatz before breaking into the scene with Holla at Your Boy in 2010.
Since then, he has dropped multiple award-winning albums like Superstar, Ayo, and Made in Lagos and his recent release More Love Less Ego. Wizkid is renowned for hits like Ojuelegba, Come Closer, Essence, Joro and has collaborated with Drake, Chris Brown, Beyoncé, and other A-list stars. Alright let’s go to the big question, how much is Wizkid worth in 2023?
Wizkid net worth 2023 forbes
According to Forbes’ latest estimates in 2023, Wizkid is worth about $32 million dollars this year. This makes him the richest music star in Africa currently.
A major source of this growth is from his music sales, streaming revenue, sold-out concerts, and new endorsements he secured. Big Wiz’s net worth is expected to keep rising rapidly as he expands his status as the King of Afrobeats.
Now you might be wondering, how does wizkid make his money? How did he amass so much wealth? Let’s take a look at Sources of Wizkid’s Massive Wealth.
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How does Big Wiz make his money?
The major factors contributing to Wizkid’s $32 million net worth include:
- Huge earnings from music streams and downloads of his albums and singles which rake in millions in royalties.
- Earnings from tours, shows, performances and concerts. Wizkid charges top dollar for his live performances and concerts across the globe.
- Endorsement deals with brands like, Ciroc Vodka, Nike, Pepsi, Guinness, Glo, Tecno, Flutterwave, UBA, Tommy Hilfer.. and more, worth millions in sponsorship fees annually.
- Investments in real estate properties across Nigeria, US, UK and UAE.
- Equity stakes in his Starboy music label and other companies.
- Revenue from his Starboy merchandise and product sales.
With an estimated net worth of over $32 million, Big Wiz is not too loud with his wealth as expected of a superstar of his status. Wiz owns luxurious mansions, flashy cars and private jet, He spares no expense when it comes to acquiring luxuries but he’s not a big fan of flaunting them.
Let’s go through some of Wizkid’s most expensive lifestyle habits, properties, automobiles, jewelry and fashion sense.
Wizkid is renowned for his expensive fashion sense and love of designer clothes from luxury brands like Versace, Dior, Gucci, Dolce & Gabban, Prada, Louis Vuitton, among others. He thinks nothing of spending thousands of dollars on a single outfit.
Wizkid also rocks costly jewelry including diamond-studded necklaces, wristwatches, earrings and bracelets. He has a penchant for trendy sneakers and is often seen wearing rare collectible shoes.
The singer owns an assortment of high-end luxury rides. Among the fancy cars in Wizkid’s garage are a Porsche Panamera, BMW X6, a Bentley Continental, Lamborghini Urus, Mercedes Benz G63 AMG, Lamborghini Aventador, 2022 Rolls-Royce Cullinan, Rolls Royce Black Badge, Mercedes Maybach Minivan. Each of these exotic automobiles costs anywhere from $200,000 to over $500,000. He uses the cars to make grand entrances at events and concerts.
Wizkid owns luxurious mansions in Nigeria, Ghana, US and UK worth millions of dollars. His palatial home in Los Angeles has an indoor swimming pool, home theater and walk-in closet. Wizkid’s LA mansion is estimated at $15 million. He has a similar mansion in Atlanta’s Buckhead neighborhood. In Lagos, his Surulere apartment worth over 70 miliion naira contains a personal recording studio. He has another in Lekki and Banana island.
Being a global star, Big Wiz frequently flies via private jet for concerts, tours, vacations and business trips. He has shared photos onboard luxury private jets which can cost thousands of dollars per hour of operation. Wizkid also bought a private jet estimated at $40 million.
Wizkid loves rocking expensive diamond jewelry pieces. He has been spotted wearing diamond-encrusted necklaces, bands, watches and earrings costing over $100,000 each. At concerts and events, Wizkid steps out dripping in diamond chains, pendants, bracelets and rings which eaily adds up to millions in sparkling ice.
Recently, Big Wiz acquired a new chain made of diamonds and sapphires sourced from various regions around the world. This lavish jewelry piece garnered much attention and buzz online and is worth $2 million.
When he’s not performing, Wizkid spends lavishly during night outs at clubs buying expensive liquor and champagne. He is Big Wiz, so he’s always given VIP treatment at luxury bars and lounges across the globe.
In summary, Wizkid’s immense wealth allows him afford and enjoy a life of luxury. He spares no expense when it comes to cars, mansions, diamonds and living the lush life. Wizkid has certainly come a long way from humble beginnings.