How wizkid made his money
Wizkid, whose real name is Ayodeji Ibrahim Balogun, is a Nigerian singer, songwriter, and record producer. He has made his money through a combination of his music career, endorsement deals, and other business ventures. Here are some ways Wizkid has made his money:
- Music Sales: Wizkid has sold millions of copies of his albums and singles worldwide, generating significant revenue from music sales. His debut album "Superstar" (2011) and his second album "Ayo" (2014) were both commercial successes, and his third album "Sounds from the Other Side" (2017) debuted at number 23 on the US Billboard 200 chart.
- Touring: Wizkid has embarked on several world tours, performing in numerous countries and cities. His concerts and shows have been well-attended and have generated significant revenue.
- Endorsement Deals: Wizkid has partnered with several brands, including Pepsi, Guinness, and MTN, among others. These endorsement deals have earned him millions of naira.
- Record Sales: Wizkid is the founder of Starboy Entertainment, a record label that has signed several artists, including Terri, Ceeza Milli, and Mr Eazi. The label has generated significant revenue from record sales and royalties.
- Songwriting and Production: Wizkid is a skilled songwriter and producer, and has written and produced songs for himself and other artists. He has earned royalties from his songwriting and production credits.
- Business Ventures: Wizkid has invested in several business ventures, including a clothing line, a restaurant, and a real estate company. These ventures have generated additional income for him.
- YouTube Ad Revenue: Wizkid's music videos on YouTube have generated millions of views, earning him significant revenue from YouTube's advertising program.
- Streaming: Wizkid's music is available on various streaming platforms, including Spotify, Apple Music, and Tidal. He earns royalties from streaming his music on these platforms.
- Merchandise: Wizkid sells merchandise, including T-shirts, hats, and other items, at his concerts and online.
- Awards and Nominations: Wizkid has won several awards, including the BET Award for Best International Flow, and has been nominated for numerous other awards. These awards and nominations have generated additional revenue for him through sponsorships and appearances.
According to Forbes, Wizkid's net worth is estimated to be around $20 million. His income comes from a combination of his music sales, touring, endorsement deals, and other business ventures.