Who are the highest-paid rappers in Africa? Here’s a complete list of the wealthiest African rap icons and their current net worth.
The African rap scene has a huge amount of homegrown talent. Artists such as Nasty C, AKA, and Sarkodie might not get a huge amount of press attention internationally, but in Africa, they’re huge.
The savviest among them know how to milk their celebrity status for all its worth, propping up the income they make from music with endorsement deals and merchandising opportunities.
For some, it’s paid off, at least as far as their bank accounts are concerned. As to which rapper has made the most moolah, find out now as we count down the 10 richest rappers in Africa.
Top 10 Richest Rappers From Africa In 2024
10. Ice Prince (Nigeria): $4 Million
Panshak Zamani, better known as Ice Prince, is a Nigerian rapper, songwriter, and actor. He rose to fame after releasing “Oleku,” one of Nigeria’s most remixed songs of all time.
He won the 2009 Hennessy Artistry Club Tour. His debut studio album, Everybody Loves Ice Prince, was released in 2011.
He landed a deal with a US-based label, 300 Entertainment, in 2019. It has Megan Thee Stallion and other famous names.
Ice Prince was the vice president of Chocolate City from 2015 to 2016. He has recorded many hits, including I Swear ft. French Montana, Superstar, and Aboki. The singer also played a guest role on Shuga Season 3 in 2013 and the lead role of Tony in House of Gold.
He’s a successful rapper; he has an estimated net worth of $4 million, making him one of the richest rappers in Africa.
Reports had it that Panshak was constructing a posh house in 2015. He reportedly owns automobiles like a Lamborghini (N55 million to N300 million), a Range Rover Sports (N13 million), a Bentley GT Coupe (N13 million), a Mercedes-Benz GL 12CB, and more, per Buzz Nigeria.
9. Falz (Nigeria): $5 Million
Folarin Falana, better known by his stage name Falz, is a Nigerian rapper, songwriter, and actor. He began his career while in secondary school after forming a group called “The School Boys” with his friend before his professional career as a music artist began in 2009.
He is successful in his career as a musical rapper, though he studied law.
Falz has an estimated net worth of $5 million. He made his money from some notable endorsements with Hennessy, MTN, and Merry Bet, just to mention a few.
Falz’s cars include a Rolls-Royce Phantom (N145 million), a Lexus LX 570, and a vintage Mercedes-Benz car gift from Cheki.
8. Nasty C (South Africa): $6 million
Nsikayesizwe David Junior Ngcobo, known professionally as Nasty C, is a South African rapper, songwriter, and record producer who is 25 years old and was born on February 11, 1997.
He is currently signed to Def Jam Records.
Apart from being one of the best rappers in South Africa and, indeed, Africa as a whole, Nasyu is also among the wealthiest rappers on the list.
Nasty, whose birth-given name is Nsikayesizwe David Junior Ngcobo, began his career in 2013. After releasing three mixtapes, one being “Undisputed,” and two EPs, Ngcobo released his debut albums Bad Hair (2016) and Strings and Bling (2018), which were associated with and supported by his first tour, The Ivyson Tour.
He is featured in movies like Zulu Man in Japan and has won numerous awards, including the Headies Award for African Artist of the Year and more.
Nasty C reportedly has a beautiful home in Johannesburg, where he lives with his girlfriend.
Nasty C is one of the richest South African rappers in 2024. He has an estimated net worth of over $6 million in 2024, making him one of the wealthiest African rappers as well.
7. Phyno (Nigeria): $6.7 Million
Chibuzor Nelson Azubuike, best known by his stage name Phyno, is a Nigerian rapper, sensational singer, songwriter, and record producer.
He started his music career as a producer in 2003 and is renowned for rapping in the Igbo language.
Phyno is one of the best rappers from West Africa and is also considered by many to be the best rapper in Nigeria. Phyno has a net worth estimate of $6.7 million.
6. Cassper Nyovest (South Africa): $8 Million
Refiloe Maele Phoolo, professionally known as Cassper Nyovest, is a South African rapper, dancer, songwriter, entrepreneur, and record producer. Born and raised in Mahikeng, North West, he is regarded as one of the most successful artists in South Africa.
What is Cassper Nyovest’s net worth?: Cassper Nyovest is a South African recording artist and record producer who has a net worth of $3 million, per Celebrity Net Worth. However, the majority of South African online outlets peg his fortune at $8 million.
5. M.I. (Nigeria): $8 Million
Jude Abaga, better known as M.I. Abaga, is a Nigerian rapper, songwriter, and record producer. He was CEO of Chocolate City from June 2015 to 2019
M.I. Abaga is considered one of the richest and most influential Nigerian music artists. M.I.’s net worth for the year 2024 is estimated to be $8 million.
Unverified information indicates this music star owns a mansion in Abuja, Taraba State, and Lagos. Meanwhile, M.I. Abaga’s cars are the Mercedes G wagon (N30 million) and Bentley Continental GT (N42 million).
4. Die Antwoord (South Africa): $10 Million
Die Antwoord is a South African hip-hop group formed in Cape Town in 2008. The group is composed of rappers Watkin Tudor “Ninja” Jones and Anri “Yolandi Visser” du Toit, a male/female duo, and producers HITEK5000 and Lil2Hood. Their image revolves around the South African counterculture movement known as zef and has incorporated work by other artists associated with the movement, such as photographer Roger Ballen.
Die Antwoord is currently one of the richest and most influential musicians in South Africa, with an estimated net worth of $10 million.
3. Olamide (Nigeria): $12 Million
Olamide Gbenga Adedeji, professionally known as Olamide, is a Nigerian rapper, singer, songwriter, and record executive.
Widely regarded as one of the biggest and most influential artists in Africa, he has been instrumental in the launching of the careers of several Afrobeats music stars. He records in Yoruba and English.
Olamide is one of the most influential artists and among the top 10 richest musicians in Nigeria, with an estimated net worth of $12 million.
2. Sarkodie (Ghana): $18 Million
Michael Owusu Addo, known professionally as Sarkodie, is a Ghanaian rapper and entrepreneur from Tema. His contributions to the Ghanaian music industry have earned him numerous accolades, including the Vodafone Ghana Music Award for Artiste of the Decade.
The famous Ghanaian rapper Sarkodie has a net worth of $18 million, ranking him among the best and richest rappers in Africa. Sarkodie is currently the richest rapper in Ghana and the overall richest musician in Ghana as well.
1. AKA (South Africa): $15 Million to $20 Million
Who is the richest African rapper? Famous rapper AKA from South Africa is currently the richest and highest-paid rapper in Africa. He has a fortune worth millions.
Kiernan Jarryd Forbes, known professionally as AKA, is a South African rapper, songwriter, record producer, singer, and entrepreneur.
He was born and raised in Cape Town, South Africa. He’s a successful rapper, ranking first in the African top 10 richest rappers.
He is believed to have an estimated net worth of around $15 million to $20 million making him one of the richest rappers in South Africa.
Summary of the wealthiest African rappers in 2024
Here’s a complete list of the top 10 richest rappers in Africa in the year 2024, their countries, and estimated net worth;
- AKA (South Africa): $15 Million to $20 Million.
- Sarkodie (Ghana): $18 Million.
- Olamide (Nigeria): $12 Million
- Die Antwoord (South Africa): $10 Million
- M.I. (Nigeria): $8 Million
- Cassper Nyovest (South Africa): $8 Million
- Phyno (Nigeria): $6.7 Million
- Nasty C (South Africa): $6 Million
- Falz (Nigeria): $5 Million
- Ice Prince (Nigeria): $4 Million