Channel O and Forbes came up with a top 10 list of the richest musicians in Africa. They based their factors on endorsement value, popularity, awards, sales, show rates, appearance in newspapers, investments, influence, social media presence among others.
Now, Answers Africa, which is an online magazine has done its own research, using the same factors as Forbes and Channel O and here is what they came up with.
10. Jose Chameleone: Joseph Mayanja, popular reggae musician from Uganda is the biggest moneymaker in the Eastern Africa. He is said to have a spectacular fleet of customized exotic cars. Note: Not on Forbes list.
9. Banky W: The widely acclaimed king of African RnB has made so much money from endorsements. Brand ambassador for Etisalat in Nigeria, Samsung in the West African region, among others. Note: 10th on Forbes list.
8. Hugh Masekela: Born 1939, Hugh is one of the most talented jazz artist in Africa. The South African singer and trumpeter was once nominated for a Grammy award. Note; Not on Forbes list
7. 2face Idibia: Has 5 albums to his name while working on the 6th. 2Face has won over 40 awards, probably more decorated than any of his contemporaries. He has vastly invested in real estate. Earns around 50 t0 80 thousand dollars per show. Note: 6th on Forbes list
6. Fally Ipupa: From Democratic Republic of Congo, Fally used to be part of Kofi Olomide’s band before branching out on his own. Immensely rich. Note: Not on Forbes list.
5. Salif Keita: Malian Afro-pop singer, born 1949 is a direct descendant of Emperor Sundiata Keita, founder of Mali Empire. He is said to have private island and estates in France. Note: Not on Forbes list
4. Kofi Olomide: Real names, Antoine Christophe Mumba, born 1956 is 4th. The DR Congolese Soukous star rakes in more than 100 thousand dollars per show. Has 7 albums to his credit. Note: Not on Forbes list.
3. D’Banj: The Koko master who has now gone into deep into entrepreneurship is rated third richest in Africa. He charges over 100 thousand dollars per show and he is said to have a house in Atlanta, Georgia, USA worth more than 1.5M dollars. Note: Forbes rated him fourth in Africa.
2. P-Square: The singing duo of Peter and Paul sit in the second position according to Answers Africa on account of their various endorsements and returns on shows and tours. They are said to make over 150 thousand dollars per show. Their Ikeja crib is valued at 3M dollars. Note: Rated third on Forbes’ list.
1. Youssou N’dour: The legendary Senegalese singer born in 1959 tops the list. He is said to own biggest media houses in Senegal, including radio and TV stations. He has served as Senegalese cultural ambassador and culture minister .