From his days as an upcoming musician in Nigeria, Burna boy gradually transitioned into a serial hitmaker with global recognition.
Burna Boy’s hard work, consistency, and creativity have all contributed to his success, no wonder he has been able to amass a net worth of over $22 million in 2023.
The singer’s musical journey began in the bustling city of Port Harcourt.
He shot to stardom after dropping his debut album ‘L.I.F.E’, which showcased a unique blend of afrobeats, reggae, and dancehall.
The turning point in Burna’s life came after his song ‘Ye‘ went viral.
The popularity of the song opened a lot of doors for the singer, giving his networth the impressive boost it has gotten today.
His success story is truly inspiring, in this article, we’ll take a deeper look into the singer’s net worth, his various sources of income, and his assets.
Burna Boy Net Worth
Burna Boy, also known as the ‘African Giant‘ or Odogwu for short, has been on quite a journey to international fame and wealth since his breakout in 2012.
As of 2023, Burna boy net worth is estimated to be 22 million dollars, making him one of the richest musicians in Nigeria.
A significant part of Burna Boy’s net worth is attributable to the money he makes from his music.
Since entering into the music industry, he has released multiple records that have been streamed all around the world.
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In 2017, Burna Boy got signed to a record label under Warner Music Group Worldwide, marking the beginning of a growing fortune for the talented singer.
The release of his hit song ‘Ye‘ in 2018 propelled him to international stages that most musicians can only dream of.
He has also collaborated with international artists such as Beyoncé, which has further expanded his audience globally.
His fourth album, African Giant, was nominated for a Grammy and recognized globally, highlighting his broadening appeal.
This not only increased his earnings from music sales and streams but also opened doors for lucrative opportunities.
The singer also earns good money from live shows, tours through sponsorships, ticket and merchandise sales.
In April 2023, he became the first Nigerian musician to headline a sold-out show in New York City’s Madison Square Garden, where he made no less than $7 million, further increasing his net worth.
Looking back now, it’s clear that Burna Boy’s ascent to become one of the wealthiest musicians in Nigeria was inevitable given the hard work he put in over the last decade.
Over the past decade, Burna has been able to amass a significant amount of wealth due to his successful career in the music industry.
As an afrobeats singer and songwriter, he has achieved both critical and commercial success with his hit singles and albums, including the Grammy-winning album “Twice as Tall“.
Thanks to his success, Burna Boy has been able to invest his money in various assets.
In the following sections, we will take a closer look at his accumulated assets from 2012 until now.
Burna Boy Cars
Burna boy owns some of the best luxury cars in the Nigerian music industry.
His car collection is a reflection of his expensive taste and lifestyle.
Among his fleet are a Range Rover Autobiography, a 2022 Lamborghini Urus Novitec Edition, a 2013 Ferrari 458 Italia, and a Rolls-Royce Dawn Convertible.
Range Rover Autobiography
Burna owns a Range Rover Autobiography as part of his collection.
A few months after announcing the acquisition of the car on Instagram, the popular singer experienced a scary incident when the luxury SUV caught fire along the Lekki-Epe Expressway.
Fortunately, nobody was injured in the accident
2022 Lamborghini Urus Novitec Edition
Odogwu splurged on a 2022 Lamborghini Urus Novitec Edition this year, which cost over 250,000,000 Naira in Nigerian currency.
The Novitec Edition is a unique version that has been finely tuned by the manufacturer to provide greater performance, better aerodynamics, and a more menacing exterior design.
Ferrari 458 Italia
A few days before his birthday, he treated himself to a luxurious 2013 Ferrari 458 Italia.
He was later spotted cruising around town in the sleek and stylish supercar.
Reportedly, the estimated cost of Burna Boy’s Ferrari is around 100,000,000 Naira.
Lamborghini Aventador SVJ
The Lamborghini Aventador SVJ coupe is one of the luxury cars Burna Boy recently acquired.
Mercedes Maybach S650
It’s no secret that Burna Boy’s Mercedes-Maybach S650 sedan comes with a hefty price tag of over 250,000,000 Naira.
But what’s even more impressive is the level of luxury and comfort it offers, which is nothing short of what one would expect from a private jet.
Burna Boy House
Burna Boy’s wealth has given him the opportunity to invest in opulent properties.
As per reports circulating on social media, the ‘Last Last‘ Crooner bought a lavish 8-bedroom mansion worth millions of naira in Lekki, Lagos.
Burna Boy himself confirmed the news by sharing glimpses of his new house on social media.
Source of Income
Burna Boy’s wealth is the result of his ability to create multiple streams of income through his fame and success.
Most of his revenue is generated from the sales of his albums and singles, in addition to earnings from endorsement deals.
He also earns a significant amount of money through his live performances and tours, where he promotes his music extensively.
The Nigerian music star has signed partnerships with several popular brands such as Nike, Cîroc, and Apple Music, where he has been appointed as an ambassador.
He earns money through various music streaming platforms, including YouTube, Spotify, and Apple Music.
With billions of streams of his music from different platforms, Burna Boy has earned considerable royalties from each platform.
Although the exact amount burna made from streaming is unknown, it is evident that the ‘Its plenty’ singer has earned millions of dollars from streaming.
One of his notable achievements was the record-breaking sales of his best-selling album, African Giant, which sold over 60,000 copies.
Burna Boy’s tours and shows, particularly international ones, are a significant source of income for him.
He made history as the first Nigerian musician to sell out a concert at Madison Square Garden in New York, USA.
The “One Night in Space” concert, a two-hour event, was streamed live on YouTube and drew over 81,000 viewers from different countries.
On October 7th, 2018, Odogwu also performed in front of a sold-out crowd at the O2 Academy Brixton in London, which earned him millions of dollars.
In addition to organizing his own shows, Burnaboy attends other people’s concerts and reportedly charges thousands of dollars for both local and international shows.
Burna Boy’s remarkable success in the music industry can be attributed not only to his singles but also to his collaborations with other artists.
He has worked on numerous hit tracks with top artists, showcasing his versatility as an artist and producer.
His features span across different genres, from Afrobeat, dancehall, and rap to reggae, and his willingness to explore diverse musical landscapes has resulted in collaborations that resonate with a broad audience.
Some of his biggest features include;
- Lil Durk – All My Life (Remix) Ft. Burna Boy & J. Cole
- Asake ft Burna Boy – Sungba Remix
- Stormzy Ft. Ed Sheeran & Burna Boy – Own It
- Dave ft. Burna Boy – Location
- Jorja Smith ft. Burna Boy – Be Honest
- Burna Boy, Ed Sheeran – For My Hand
- Burna Boy, D’Banj- Won Da Mo
It’s well-known that Burna Boy, the popular Nigerian singer, has a reputation for indulging in lavish spending.
His social media posts often show that he is particularly fond of collecting cars, luxury jewelry, designer fashion, and generously gifting his family with expensive presents.
Reportedly, his impressive car collection and houses are worth millions of dollars, which is a clear indication of his love for luxury.
Also, Burna boy is one artist who doesn’t shy away from controversies.
In the past, his outspoken views have led to a feud with the late South African rapper AKA, who had made anti-Nigerian tweets.
Odogwu was quick to respond and this led to a fierce exchange between the two artists online.
Additionally, the singer has almost gotten into a physical altercation with fellow Afrobeats singer Davido, which was captured on social media.
However, it seems that the two have since settled their differences and have been seen together at events, indicating that they have reconciled.
Despite these controversies, Burna Boy continues to be one of the top artists in Nigeria and is highly regarded for his unique style and music.
Did Burna Grow Up Poor?
It may come as a surprise to many, but Burna Boy was actually born into a wealthy family and not the poor boy from Port-Harcourt that he is often thought to be.
His father owned a welding business, and his mother was successful in both business and education.
He had the privilege of attending private schools in Nigeria as well as two prestigious universities in the UK.
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Despite any hardships he may have faced early on, his tenacity and musical prowess have propelled him to become a global sensation, inspiring countless fans along the way.
Frequently Asked Questions
1. What is Burna Boy’s Net Worth in Naira? Burna Boy’s net worth in naira is estimated to be 19 billion naira
2. How much does Burna Boy charge per show? According to renowned Nigerian management agency CEO, Adeshola Adefuwa-Cole, Burna boy charges up to $1 M for international shows and up to 50 million naira for local shows.
3. How much is Burna Boy Net Worth in 2023? Sources estimated his Net Worth to be $17 – 22 million in 2023.