A new joint report by Forbes and RankBank has unveiled the latest ranking of the richest African musicians, spotlighting artists who have turned talent into global influence and multimillion-dollar fortunes.

The list features entertainers who dominate not only the music charts but also endorsements, brand partnerships, and diverse business ventures spanning fashion, technology, and real estate.

Nigerian Afrobeats stars once again lead the continent, with household names like Burna Boy, Wizkid, and Davido recognized for their international tours, streaming dominance, and lucrative endorsement deals. South Africa, Congo, and Senegal also made strong showings, reflecting the continent’s rich musical diversity.

According to the ranking, streaming revenue, global collaborations, and investments outside music were major drivers of wealth, showing how African musicians are expanding beyond traditional entertainment earnings.

“Forbes and RankBank’s latest report underlines the growing global power of African music — a cultural force that now translates directly into financial success,” the report noted.

Industry experts say the ranking highlights how African artists are redefining global pop culture while building financial empires that inspire the next generation.