Who is the richest between Wizkid, Davido and Burna boy?
If there is anything we can all agree on about Wizkid, Davido and Burna boy, it’s either the fact that they make good music or that they are filthy rich. And, if you are reading this article right now, i’m sure you are one of those people who like to argue about who is the richest among these music stars on the weekends on twitter. And…if you are just here because you are a fan of any of them, well, enjoy.
In this article, I’ll be telling you who have the biggest bank account between Davido, Wizkid, and Burna boy. And I i’ll also be telling you exactly how i reached my conclusion.
So…without further Ado, lets jump right in.
To know how much Wizkid, Davido and Burna boy are worth, we have to first figure out how they make their money. And that includes major sources like Live performance, Streaming and Endorsements. But those are not the only ways musicians make money. They also rake in millions by selling merchandise, and also licensing their songs for use on films and TV shows.
But for this article, we’ll be focusing solely on Live performance, Streaming and endorsements, as this three account for most of their earnings.
Who is the richest between Wizkid, Davido and Burna boy?
Live Performance
Starting off with Live performance, which if you don’t know, is the biggest income source for most music artists. Davido, Burna and Wizkid over the course of their career have all made billions of nairas doing live shows around the world.
And i know you want to know who charge the most amount per show. Well, a quick google search shows that Burna Boy Charge the most amount, with his performance fee being over ₦1.5 billion naira or over $1 million in us dollars.
Wizkid comes in second with a fee of ₦1.2 billion naira or $800,000 in dollars. And at the third spot is Davido with a performance fee of ₦900 million naira or $600,000 in dollars.
I think i should also add that Burna boy also do the most amount of shows out of the three, with him averaging over 30 shows per year. Wizkid and Davido are pretty close with each of them doing around 20 shows per year.
So…judging by those numbes, Burna Boy easily win this round.
Who is the richest between Wizkid, Davido and Burna boy?
Sreaming.
The next income source we’ll be looking at is streaming, as it accounts for a large portion of their income. And to know how much Davido, Wizkid and Burna Boy have made from streaming, we have to first calculate how many streams they have generated across various Digital streaming platforms like Spotify, Apple Music, Youtube music and Audiomack.
According to Songstats.com, Wizkid takes the No.1 spot with 15.1 billion career streams. Burna Boy follow closely behind with a career stream of 14.2 billion, while Davido comes third with a 7.5 billion total career streams.
Now considering most digital streaming platforms pay around $3,000 dollars per 1 million streams, Wizkid has generated over $45 million dollars from streaming alone over the course of his music career. Burna Boy on the other hand has generated a little over $42 miilion, while Davido has made around $22 million dollars.
Who is the richest between Wizkid, Davido and Burna boy?
Endorsement.
The last income source we are going to look at is endorsement. If you are as big as the likes of Davido, Burna and wizkid, a lot of brands will happily pay you billions of nairas to promote their products. And this is where Davido shines best. With almost 60 million followers across Instagram, Twitter and Facebook, Davido rakes in tens of Million of dollars from endorsements per year.
Some of the biggest deals he has include his $18milion dollar multi-year deal with betting company STAKE, his $10 million dollar multi-year deal with PUMA, his $5million dollar deal with martell, his ₦5 billion naira Playstation deal, his GAC Motors deal worth ₦2billion naira, his multi-million dollar Infinix deal, his 1Xbet deal, his Wema Bank deal, his travelbeta deal and much more.
Wizkid has the second most endorsements out of the three. Some of the biggest endorsement deals Wizkid has bagged over the years include, his UBA deal worth $3million dollars, his $1million dollar Puma deal, his Multi-million dollar Tecno deal, his Nike deal, his Ciroc deal, his multi-million naira MTN deal, and he made over $1.8 million dollars during his multi-year deal with Pepsi.
Burna Boy has the third most endorsements on this list. Some of Burna’s most valuable deals include his deal with Oraimo worth over ₦1 billion naira, his multi-million dollar deal with Sports wear brand ON, his $1million dollar deal with chipper cash, his Burberry deal worth hundreds of millions of nairas, his multi-million naira deal with Globacom, and much more.
Who is the richest between Wizkid, Davido and Burna boy?
Conclusion.
Now, before I tell you who have the most money out of these three, I want you keep it in mind that it’s a bit tricky to calculate how much a musician is worth as there are many factors that dictate how much they take home. Among such factors is the type of deal they have with their record label, As labels typically take anywhere from 50%-90% of artists earnings.
Now with that out the way, let’s circle back to the three metrics I talked about earlier in this video. Looking at the first one which is Live performance. Burna makes the most amount out of the three, with him making anywhere from $30 to as high as $45 million dollars per year. Wizkid comes second with his annual earning ranging from $15-$25 milion. Davido comes third with an annual income of $10 million dollars.
Looking at the second metric, Wizkid takes the first spot with a career earning of over $45 million dollars from Streaming. Burna Boy follow closely behind with a career earning of $42 million dollars, while Davido comes third with a career earning of $22 million dollars.
Now, looking at the third metric, Davido steals the Crown by making anywhere from $17-$25million dollars per year.
Wizkid takes the second spot by making anywhere from $6-$10 million dollars from endorsements.
Burna Boy comes third with his endorsement earnings being around $5 million dollars per year.
Now let’s go to the part you have all been waiting for. As of the time of this writing, Burna Boy is the richest musician in Nigeria with a net worth estimated to be between $55-$60 million. Wizkid comes second with a net worth estimated to be between $45-$50 million, while Davido comes third with a estimated net worth of $40 million.
Who is the richest between Wizkid, Davido and Burna boy?
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Thanks for reading to the end, See you soon.