Intelwithin
Have you wondered what Wizkid net worth is in 2024? Let’s dive into it. Wizkid or Machala as popularly known was born Ayodeji Ibrahim Balogun on 16 July 1990 to Alhaji Olatunji Balogun and Jane Balogun in Surulere, Lagos state of Nigeria.
The Nigerian singer and songwriter is the last child and only son of his parents among 12 older siblings. Big Wiz as popularly known is undoubtedly a big name in the Nigerian music industry who rose to fame from the street of Surulere
What is Wizkid Net Worth in 2024?
As of 2024, the net worth of Wizkid is estimated to be 4 million dollars according to legit.ng. This calculation was based on his music royalties, properties, businesses, and Endorsements. Let’s get some insights about his worth and analysis of how he made his wealth.
Wizkid Music Net worth
Wizkid has undoubtedly had a successful music career after starting from the button in the street of Surulere way back and breaking out from a group called ‘‘Glorious Five”.
Since then, he has made several big hits and awesome albums like Superstar (2011), Ayo(2014), Like This, The Remixes (2017), Sounds from the Other Side(2017), Wizkid(2018), and Made in Lagos(2020). The Ojuelegba crooner had made most of his wealth from his music streams from several platforms.
He started as early as the age of 11 when he grew his passion for music by performing in his Mother’s church. He came to the limelight in 2009 when he released his first single “Hola at Your Boy”. His first two albums “Superstar” and “Ayo” were done under his former record label EME Music.
These albums included hit tracks like “Pakurum’” and “Love my Baby” which made waves in the Nigerian music industry and all over Africa.
He soon left EME Music to form his record label called “Star Boy Entertainment.
He had a major milestone in 2016 after successfully collaborating with the top American rapper Drake. They both did a single titled “One Dance”. This made him soar higher not only at the African level but globally.
His new album titled “Made in Lagos” has had over 1.02 billion streams in just The United States. This fetched him millions in dollars every year. He’s been so consistent in his craft and has gained recognition globally including numerous awards.
Some Major Deals And Endorsements
You can’t talk about Wizkid net worth without mentioning his endorsement deals. Let’s now look at some of the numerous major brand deals and endorsements Wizkid has had so far in his successful music career.
Wizkid and MTN’s Deal(2013)
In 2013, Machala signed a one-year deal worth $115,000 with MTN. He later went on to extend the deal by 2 more years, making it a three-year deal with the internet service providers.
Ambassadorship Deal with Globacom Group(2015)
In 2015, Wizkid signed a brand ambassadorship deal with Nigeria’s top network provider, Globacom which was worth $328,000, therefore leaving MTN group who paid less. The Afrobeat singer went on tours promoting the brand.
Partnership With Ciroc(2018)
The English-based multinational alcoholic beverage company had an endorsement deal with Wizkid in 2018. This deal with the top vodka brand was a major plus to the Afrobeat singer’s portfolio.
Ambassadorship Deal With Tecno Mobile(2019)
The mobile phone manufacturing giant, Techno Mobile 2019 signed a brand ambassadorship deal with Wizkid.
Brand Partnership Deal With United Bank for Africa (2019)
Also in 2019, the Afrobeat singer signed a brand partnership deal with UBA which was one of the gigantic deals so far.
Contract with Pepsi(2022)
In the early phase of 2022, Wizkid signed a one-year contract with Pepsi. This deal was worth $350,000, making appear on Pepsi billboards and print media.
Wizkid’s Properties
Wizkid, a well-known singer and performer, has used his money to fund a few side ventures. a few of which are listed here;
StarBoy Entertainment
Starboy Entertainment, the record company that Wizkid launched in 2013, has signed great musicians including Maleek Berry, Legendury Beatz, L.A.X, Terri, Efya, and others.
The label is run by Jada P., and the tracks that are created on it have taken home accolades including the Beatz and City People Entertainment Awards.
Starboy Pop-Up Store
Wizkid furthered his commercial ventures by launching Starboy pop-up shops in key fashion capitals such as New York and London. These shops offer apparel made just for his followers.
Wizkid’s Luxurious Cars
It’s no secret that Wizkid has an amazing automobile collection and lives a lavish lifestyle. His vehicles exhibit luxury, comfort, and cutting-edge technology.
Wizkid’s Cars
Porsche Panamera
He has been observed driving an elite Porsche Panamera that he paid over N60 million for and a Range Rover Autobiography.
Cullinan Rolls Royce
He also owns a 2021 Rolls-Royce Cullinan in Nigeria, which is valued at N438 million.
Lamborghini Aventador
His Lamborghini Aventador was purchased in 2019 for approximately 600,000,000 Naira.
Wizkid Houses Net worth
The singer’s clever purchase of houses in Lagos is remarkable.
Wizkid paid N 68 million for his first home in Lekki, Lagos, back in 2013. This affluent neighborhood is well-known for its luxurious real estate.
Additionally, the singer owns a second home in Surulere, Lagos, which he paid ₦13 million for. Online sources claim that he purchased this home for his parents.
Furthermore, WizKid has assets outside of Nigeria. He owns a three-story mansion in Los Angeles, California, which he reportedly paid between $10 million and $15 million for.
Conclusion On Wizkid Net Worth in 2024
Wizkid has so far been a successful Afrobeat singer and songwriter. He has for himself a huge fan base called “Wizkid Fc”. With an enormous fanbase who stream his music and lots of ticket sales, he will continue to rise and grow his net worth.
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