Wizkid Net Worth (Updated 2023) Wizkid is a singer and songwriter from Nigeria who is arguably the best pop vocalist the country has ev...
Wizkid Net Worth (Updated 2023)
Wizkid is a singer and songwriter from Nigeria who is arguably the best pop vocalist the country has ever produced. Wizkid is a legend, not simply a singer. There is no doubt that Wizkid is among the best pop singers in Africa. He has won the hearts of millions of people not only here in Africa but also all over the world with his music. As of 2022 website Wizkid net worth is estimated to be around $17.8 million, making him the richest Artist in the Nigerian movie industry.
Many people have questions about Wizkid's net worth, which is why we chose to write about it on the website. They want to know how much money he makes from his career.
Wizkid is reportedly one of the wealthiest artists not just in Nigeria but throughout all of Africa, according to us.
In this article, we will calculate Wizkid's net worth by totaling up all of the money he has earned throughout the course of his career.
Therefore, let's examine Wizkid's net worth in 2022.
Source of Wealth Music & Endorsement Deals Net Worth $17.8 Million
2023 Wizkid Biography and Net Worth
Let's first look at Wizkid's biography and entertainment career before discussing his estimated net worth.
Ayodeji Ibrahim Balogun, better known by his stage name Wizkid, was born on July 16, 1990, and spent his childhood in Lagos.
Wizkid began working in the entertainment industry at the age of just 11. He once belonged to the Glorious Five, a group of Christian pals that began recording music in 2009, according to Wikipedia.
Wizkid also lacks a formal education; neither his attendance at nor graduation from a university are on record.
Let's skip over Wizkid's biography here since the main goal of this article is to estimate his net worth.
Check out Wizkid's estimated net worth for 2022.
Wizkid Income from streams
When Wizkid releases a new album, he receives a lot of money from it in the form of streaming, which has been his main source of income.
We must therefore know how much Wizkid has earned from all of his streams in order to estimate his net worth. Wizkid has reportedly received over 3.4 billion streams across all streaming platforms, according to online results.
Additionally, it was stated that streaming services pay artists $0.003 on average for each stream they receive. So, if we do the math, $3 billion is equivalent to an estimated $10.4 million in revenue.
What a large sum of money.
Wizkid's YouTube revenue
This is another way Wizkid earns money; whenever he uploads a music video to YouTube, he receives payment. His video contains advertisements from YouTube, which he is paid to see.
We need to know how much Wizkid has earned from his music videos on YouTube in order to calculate his total net worth. According to an observation, Wizkid's YouTube account has over 500,000 followers and over 713 million total video views.
The expected revenue from these 713 million video views is $1.6 million. This is a substantial sum of money.
Let's look at Wizkid's earnings from gigs and sponsorship deals now that we are aware of his income from his YouTube channel.
Wizkid Earnings from performances and sponsorship deals
We are all aware that this is yet another way for musicians in Nigeria to support themselves. They earn extra money whenever they promote a brand. Therefore, we must know how much Wizkid generates from all of his endorsement deals in order to calculate his total net worth.
According to the internet, Wizkid has endorsement deals with the brands listed below during the course of his career.
MTN is worth $115,000, Pepsi is worth $350,000.
Worth $328,000 GLO
$100,000 worth of Guinness
$20000 worth of Nike
$10,000 worth of Dolce and Gabbana
$20000 worth of Ciroc
Worth $3 million UBA
$1 million worth of Tecno
Puma $150,000
The total expected revenue from all endorsement deals comes to $5.1 million, which is a significant lot of money.
So let's look at the revenue he generated from the concerts he was hosting.
According to Wizkid management, booking Wizkid for a performance or event will run you anything between $100,000 and $200,000, and because he does 5 performances on average per year, his estimated yearly income is $700,000.
Now that we are aware of Wizkid's earnings from all sources, it is time to conclude this article by providing his estimated net worth.
Wizkid Net worth 2023
Our website estimates Wizkid's net worth at over $17.8 million (N8 billion naira), making him the richest musician in Nigeria, above Davido and Burnaboy.
No comments