From beats to bankrolls: East Africa’s top 10 richest musicians in 2023
Sunday, July 16, 2023

East Africa’s vibrant and evolving music scene has seen a remarkable transformation over the years. The region boasts of a wide display of talent, as musicians have risen to prominence, captivating audiences and amassing incredible wealth along the way.

But it’s not just their performances that have catapulted them to unimaginable heights of fame and fortune. These artistes have also mastered the art of diversification, venturing into various business ventures and brand endorsements. They have become savvy entrepreneurs, leveraging their popularity to secure lucrative deals and partnerships.

ALSO READ: The top 10 richest artistes in Rwanda

According to Forbes, Nigerian artistes dominated the list of the richest musicians in Africa from 2019 – 2023, while Ugandan artistes dominated the list of the richest musicians in East Africa in 2023.

If you’re curious about the comparative wealth of East African musicians and their estimated net worth, The New Times brings you the list.

1. Robert Kyagulanyi aka Bobi Wine - $ 9 million (Uganda)

Robert Kyagulanyi Ssentamu, commonly known by his stage name, Bobi Wine, is a Ugandan musician, politician, and activist. He began his music career in the early 2000s, and since then, he has released numerous hit songs that have earned him a massive following in Uganda and internationally.

Apart from his music career, Kyagulanyi is also a prominent political figure in Uganda.

His net worth is estimated at $9 million, which he has amassed through his successful music career, businesses, and investments. He owns several businesses, including a recording studio, a television station, and a record label. He also has a large real estate portfolio, which includes several properties in Kampala, Uganda’s capital city.

2. Diamond Platnumz - $ 8.2 million (Tanzania)

Diamond Platnumz, born Nasibu Abdul Juma, is a Tanzanian musician, songwriter, and dancer. He is considered one of the most successful musicians in East Africa, with numerous hit songs and collaborations with top international artists.

Diamond began his music career in 2009, and since then, he has released several chart-topping albums and singles that have earned him a massive following. He has won numerous awards for his music, including several MTV Africa Music Awards and BET Awards.

Apart from his music career, Diamond is also a successful businessman. He owns several businesses, including a record label, a clothing line, and a media company. He also has endorsement deals with several top brands, including Pepsi and Coca-Cola.

Diamond’s net worth is estimated at $8.2 million.

3. Jose Chameleone - $ 8 million (Uganda)

Jose Chameleone, born Joseph Mayanja, is a Ugandan musician and aspiring politician. He began his music career in the early 2000s and has since released several hit songs that have earned him a massive following in Uganda and beyond.

Apart from his music career, Chameleone has been involved in several political campaigns and even run for political office. Jose Chameleon’s net worth is estimated at $8 million, which he has amassed through his successful music career, businesses, and investments.

He owns a recording studio and media company. He also has a large real estate portfolio, which includes several properties in Kampala.

4. Akothee - $ 7.6 million (Kenya)

Akothee, whose real name is Esther Akoth, is a Kenyan singer, songwriter, and entrepreneur. Born on March 8, 1980, in Migori County, Kenya, she has become one of the richest musicians in East Africa. Akothee’s net worth is estimated to be $7.6 million.

She started her music career in the early 2000s, gaining popularity with her unique blend of afro-pop, zouk, and reggae music. She is known for her energetic performances and captivating stage presence. Akothee has released several hit songs, including ‘Benefactor’, ‘Sweet Love’, and ‘Baby Daddy’, which have received massive airplay across Africa.

Apart from her music career, Akothee has ventured into various business schemes, contributing to her wealth. She is a successful entrepreneur with interests in real estate, hospitality, and transportation. Akothee owns a chain of hotels and rental properties in Kenya. She also operates a thriving transport company.

She owns luxurious cars and has a taste for high-end fashion. Despite her success, Akothee is also involved in philanthropy. She has been actively involved in charity work, especially supporting women and children in need.

5. Professor Jay - $ 7.5 million (Tanzania)

Professor Jay, born Joseph Haule on December 29, 1975, is a Tanzanian rapper, songwriter, and politician.

He is widely regarded as one of the most influential hip-hop artistes in Tanzania and has accumulated a net worth of $7.5 million.

Professor Jay rose to fame in the late 90s with his thought-provoking lyrics and socially conscious music. His songs often address political and social issues, making him a voice for the youth and the marginalised in Tanzanian society. Some of his popular tracks include ‘Nimeamini’, ‘Yatapita’, and ‘Kamili Gado’.

Professor Jay’s wealth comes not only from his music and political careers but also from his business ventures. He owns a record label and has investments in real estate and the hospitality industry. He has also been involved in various philanthropic initiatives, supporting education and healthcare programmes in Tanzania.

6. Ali Kiba - $ 7.2 million (Tanzania)

Ali Kiba, born Ali Saleh Kiba, is a Tanzanian singer, songwriter, and actor. Born on November 29, 1986, in Tanzania, he is considered one of the most successful musicians in the region. With a net worth of $7.2 million, Ali Kiba has achieved significant success in the music industry.

Beyond his music career, Ali Kiba has explored other ventures to increase his wealth. He owns a record label, which has helped promote and nurture young talent in Tanzania. He also has investments in real estate, including a hotel in Tanzania, which contributed significantly to his net worth.

In addition to his music career, Ali Kiba has also ventured into acting, appearing in several Tanzanian films and television series. He has won numerous awards, including the MTV Europe Music Award for Best African Act in 2016.

7. Jaguar - $ 7 million (Kenya)

Jaguar, whose real name is Charles Njagua Kanyi, is a Kenyan musician and politician. He was born on October 27, 1985, in Nairobi, Kenya. He started his music career in the early 2000s and quickly gained popularity with his unique style of music that blended hip hop, reggae, and bongo flava.

Aside from his music career, Jaguar is also actively involved in politics. In 2017, he was elected as the Member of Parliament for Starehe Constituency in Nairobi. He is known for his philanthropic efforts, particularly in education and healthcare.

In 2023, Jaguar’s net worth is estimated to be $7 million, making him one of the richest musicians in Kenya. He has accumulated his wealth through music sales, concerts, and endorsements. Jaguar has worked with several local and international brands, including Coca-Cola, Safaricom, and Airtel.

8. Harmonize - $ 5.9 million (Tanzania)

Harmonize, whose real name is Rajab Abdul Kahali, is a Tanzanian musician and songwriter. He was born on March 15, 1994, in Mtwara, Tanzania. Harmonize started his music career in 2011 as a member of a local music group, but he gained prominence in 2015 when he was signed to Diamond Platnumz’s record label, WCB Wasafi.

Since then, Harmonize has released several hit songs, including ‘Kwa Ngwaru’, ‘Uno’, and ‘Magufuli’. He has won several awards for his music, including the All Africa Music Awards and the Soundcity MVP Awards.

Harmonize’s net worth is estimated to be $5.9 million, making him one of the wealthiest musicians in Tanzania. He has earned his wealth through music sales, concerts, and endorsements. Harmonize has worked with several brands, including Pepsi and Vodacom Tanzania.

In addition to his music career, Harmonize is also involved in philanthropy. He has established the Harmonize Foundation, which supports education and healthcare initiatives in Tanzania. Harmonize is also a UNICEF ambassador and advocates for children’s rights in Africa.

9. Sauti Sol - $ 5.8 million (Kenya)

Sauti Sol is a Kenyan afro-pop band that was formed in Nairobi in 2005. The group consists of four members: Bien-Aimé Baraza, Willis Chimano, Polycarp Otieno, and Savara Mudigi. The band is known for their unique blend of African rhythms and contemporary pop music. Their music has gained popularity not only in Kenya but across the African continent and beyond.

Sauti Sol’s music has won numerous awards and nominations, including the MTV Europe Music Award for Best African Act in 2014. They have also collaborated with various international artists such as India Arie, Burna Boy, and Soweto Gospel Choir. Their success in the music industry has led to an estimated net worth of $5.8 million.

Aside from their music career, Sauti Sol has also ventured into business. They own a music production company called Sauti Sol Entertainment, which produces music for upcoming artistes. The band also owns a fashion line called Sauti Sol Style, which sells African-inspired clothing. They have also endorsed various brands such as Safaricom, Shell, and Coca-Cola.

10. Bebe Cool - $ 5.62 million (Uganda)

Bebe Cool, born Moses Ssali, is a Ugandan reggae and dancehall musician who has been in the music industry since the early 2000s. He has released numerous albums, singles, and collaborations with other artistes. Some of his most popular songs include ‘Mambo Mingi’, ‘Love You Every Day’, and ‘Coccidiosis’.

Bebe Cool has won several awards for his music, including the Pearl of Africa Music Awards, HiPipo Music Awards, and the Uganda Entertainment Awards. He has also performed at various international music festivals and concerts, including the Coke Studio Africa. His music has gained him a net worth of $5.62 million.

Apart from music, Bebe Cool is also a businessman and philanthropist. He owns a chain of bars and restaurants in Kampala, Uganda, and has also invested in real estate. He is the founder of the Amber Heart Foundation, which supports children living with heart defects in Uganda. Bebe Cool has also been involved in various charity events, including the MTV Africa Music Awards Foundation.

Top 10 richest African musicians

1. Youssou N’Dour – $150 million.

2. Akon – $80 million

3. Black Coffee – $66million

4. Don Jazzy– $30.5 million

5. Wizkid – $21million

6. Davido – $17 million

7. Burna Boy – $17 million

8. Rude Boy – $16 million

9. Mr P – $12.5 million

10. Dbanj – $12 million