Richest Musicians in South Africa 2023/2024

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Here is the full list of richest musicians in South Africa 2023/2024

  • Cassper Nyovest – R182Million

He is a famous singer/musician in South Africa that took the music industry there by a storm. He is an excellent performer with an exceptional voice, this has led him to attract not only a huge following on social media but it has also given him a great lifestyle full of endorsements from different brands. Casper is also an entrepreneur having invested in various businesses. His music became popular after the release of ;Tsholofelo’ album which was loved by the masses. In 2015 after creatively working on his another album ‘Refiloe’, Casseper was the first South African singer to fill the Ticketpro Dome in the city of Johannesburg.

 Cassper has also had his fair share of hardships in financials struggles and trying to sell his music before he became famous, he has also been involved in public disagreements with other local musicians, however this has not deterred him from rising and becoming the best of himself.

  • Rebecca Malope – R135.25Million

She is a popular musician who has been in the music industry for the longest time possible.  She is a gospel singer who has won many awards. She first came to the light in the Shell Road to Fame competition, which she won. Over the years Rebecca has released various albums which have been successful and popular not only in South Africa but across the whole continent, she is also known to be ‘’The African Queen of Gospel.’’

  • Steve Hofmeyr – R275Million

Steve is among the richest artists in South Africa. With an estimated net worth of R275million. He famously covers the Afrikaans pop/folk genres kind of music. Steve became popular back the  1980s after he released successful albums loved by crowds. This enabled him to achieve the success he has today. He is also known to charge R50000 and above to perform in a show.

  • Kiernan Jarryd – R157Million

He is a rapper, song-writer and an entrepreneur. Kiernan had two friends and together they formed a band known as Entity before it was done away with in the year 2006. In the same year he came up ith I.V league which he cofounded with other two of his friends. Kiernan in 2009 was able to release three of his songs. He got his first break in 2010 and won a Metro Award in the year 2011, he continued to win the Best Male artist in 2012 for his album altar ego’ just to mention a few. He has also previously mentioned on several music award nominations and named the best male southern Africa and best collaboration. He has won many awards afterwards.

  • Die Antwoord – R60Million

He was a male vocalist and part of a group known as Watkin Tudor ‘’Ninja’. They were known for Electronic dance and alternative hip hop genres kind of music. Die has had popularity and success all over the world.  Having produced singles that topped the 50 to top 10. Some of his songs e.g. ‘’enter the ninja’’ was very famous in Australia and the UK. In the recent years the group has not been without controversies including the sexual assaults, hate crimes and child abuse. They have been able to tour the globe with their music and entertained their fans while earning money.

  • Black Coffee – R213Million

His real name is Nkosinathi Innocent Maphumulo. He is a famous DJ, song-writer and a popular producer that started his music career back in 1995. His net worth makes him to rank among the top richest musicians in South Africa and Forbes list. He is known to have released over five albums which became successful. Black Coffee rose to fame in 2004 after partaking in Red Bull Music Academy which was in Cape Town. He won the Breakthrough DJ of the Year in 2015 and other. He has been able to maintain his fame and grow successfully when it comes to riches over the years.

  • AKA – R 167Million

His original name is Kiernan Jarryd Forbes however popularly known as AKA, he is currently late. He is known to grow rich through selling his alums, endorsements and through his entrepreneurial skills. He also won several music awards in South Africa. It is alleged that AKA was assassinated, this according to the previous police reports from South Africa.

  •  Oskido – R27Million

The popular Oskido real name is Oscar Bondinkosi Mdlongwa. He is a DJ, music producer and an entrepreneur. Oskido has stayed in the Music industry over two decades and he is still growing and becoming better. His name is big in South Africa having done collaboration with artists like Lizwi, Thebe and others.

  • DJ SBU – R35Million

He is also a rapper known to have studied sound engineering at the African Media University. He has worked with the media industry especially the radio/tv. He is a writer who is articulate and an entrepreneur. He has won over five awards in the music industry. SBU is also devoted to philanthropy work

  • Riky Rick – R56Million

He was a renowned hip-hop singer and song writer, entrepreneur, and a producer, he also got endorsements from various brands in the country.  The late Ricky known by his original name as Rikhado Muziwendlovu Chifaro passed away in 2022 February. He was able to win several awards because of the popularity of songs. He loved to get for himself fancy things especially when it came to cars, he owned a Ferrari and a Mercedes G Wagon. It was alleged that he committed suicide.

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