Over the past decade, Olamide has remained a prominent figure in the Afrobeat industry, consistently dropping chart-topping hits and paving the way for new artists.
He’s released multiple albums and hit songs that have garnered millions of streams, sales, brand deals, and endorsements.
Olamide net worth is estimated to be over $12 million in 2023, a reflection of his enduring success in the industry.
Despite starting out rapping on the streets of Lagos, the singer has become a musical icon loved and respected in Nigeria and the diaspora.
This article explores the life of Olamide, highlighting his net worth, biography, lifestyle, and how he has managed to remain relevant in the music industry for many years.
Profile Summary
| Estimated Net Worth | $12 million |
| Real Name | Olamide Adedeji |
| Stage Name | Olamide |
| Date of Birth | 15 March, 1989 |
| Age | 34 |
| Gender | Male |
| Profession | Rapper, Singer, Songwriter, Music Executive |
| Nationality | Nigerian |
| Residence | Lagos, Nigeria |
| Height | 5 ft 7 |
| Complexion | Fair |
Olamide Net Worth 2023
According to Forbes, Olamide’s net worth is estimated at $12 million, making him one of Nigeria’s richest musicians.
He has earned a substantial income from various sources throughout his career, but his music remains his primary source of income.
Olamide Badoo earns money from album sales, song streams, concerts, record deals, and his record label YBNL Nation, where he manages other famous artists such as Asake, Fireboy, and Jayboi.
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He has released 10 albums and over 100 singles and also receives royalties and publishing rights for much of his music.
Endorsements – Brand Deals
Olamide has signed endorsement deals with various Nigerian and International brands, including CIROC, making him the first Nigerian artist to endorse such a big alcohol brand in the country.
He is also a brand ambassador for Guinness and has featured in some of their ad campaigns.
Additionally, Badoo has signed with other companies such as Globacom, Etisalat, iTel, Goldberg, and National Lottery.
Other Sources of Income
Aside from the money recorded from his music sales, he also makes significant income from other sources.
Live Shows
As a seasoned performer, he regularly hosts live shows. His popularity and influence allow him to perform in and outside Nigeria, drawing thousands of fans who pay for tickets.
He also gets paid for private appearances at clubs, events, and other artist’s concerts.
Features
Throughout his music career, the rapper has demonstrated his versatility by collaborating with numerous local and international artists.
He is widely known for his many features and has amassed over 100 million streams on Spotify alone. This has been a lucrative venture for him, earning him a significant amount of money.
Personal Companies
Badoo holds one of the most successful record labels, “Yahoo Boy No Laptop” YBNL, which has produced notable artists such as Adekunle Gold, Lil Kesh, and FireBoy DML, among others.
His record label is estimated to have a net worth of over 7 billion naira. Additionally, he earns income from his clothing line named “Street OT”.
Olamide Biography
Olamide Adedeji is a highly respected rapper, songwriter, lyricist, and record label CEO. He is one of Afrobeats’ biggest icons, who has helped shape the genre’s culture in the global scene.
Popularly known by his stage name, Olamide or Baddo, he stands out among Nigerian musicians for his predominant use of his native language, Yoruba, in his rap music.
Early Life
He was born on March 15th, 1989 in the vibrant neighborhood of Bariga, Lagos.
Growing up in a modest household with his parents, Olamide had always dreamed of becoming a rapper.
However, it wasn’t until later in life that he was able to pursue this passion and make a name for himself in the music industry.
His early life experiences played a significant role in shaping his musical career.
Education
For his primary and secondary school, the rapper attended a high school in Bariga, Lagos State.
After which, he later went on to attend Tai Solarin University of Education, where he studied Mass Communication.
In an interview with TVC News, badoo revealed that he had to drop out of the university due to financial constraints.
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Despite this setback, he remained steadfast in his pursuit of success and was determined to achieve it no matter what.
Family Background
Olamide comes from a polygamous family and is the second child of his father, Pa Adedeji, and mother, Ronke Adedeji, who is his father’s second wife.
He has two siblings named Temmygold and Eniola Olamilekan, who is also known as DJ Enimoney. DJ Enimoney is the official DJ of Olamide’s record label, YBNL Nation.
Music Career
His music career began in his teenage years when he started rapping on the streets and competing in rap battles around 2010.
He soon gained recognition for his unique style and lyrics, which were mainly in his native language, Yoruba.
In 2010, he signed his first label deal with Coded Tunes Records and released his first official single “Eni Duro“.
This single became a major turning point in his life and marked the beginning of his successful musical journey.
Olamide Aka baddest guy ever liveth, released his debut studio album “Rapsodi” under Coded Tunes, which featured popular musicians like 9ice and Wizkid and became a major hit in Nigeria.
After leaving Coded Tunes, Olamide founded his record label, YBNL Nation, in 2012.
He released his first single “Yahoo Boy No Laptop,” which earned him major awards, and then went on to release an album every year from 2013 to 2016.
These albums contained hit tracks featuring popular Nigerian stars such as Davolee, Burna Boy, and Wizkid. His latest album, the 12th studio album, was released on June 18th, 2021.
While he now focuses on managing artists under his label, the singer still drops occasional hits to keep his fans happy.
He is a true icon of Nigerian music whose legacy will continue to inspire musicians for years to come.
Achievement/Award
Olamide has won several music awards during his music career and his music has been enjoyed by millions of fans around the world.
His awards include 16 Headies Awards, 4 Nigeria Entertainment Awards, and 2 City People Entertainment Awards.
Hip hop awards
- Best Rap Album at The Headies (2014, 2015, 2016, 2017, 2018, 2022)
- Best Rap Single at The Headies (2012, 2014, 2015, 2016, 2017)
- Hip Hop World Revelation of the Year at The Headies (2012)
Afrobeats awards
- Best Afrobeats/Pop Album at The Headies (2019)
- Best Afrobeats/Pop Single at The Headies (2019)
Other awards
- Artiste of the Year at The Headies (2015)
- Album of the Year at The Headies (2014, 2015)
- Song of the Year at The Headies (2014)
| Year | Event | Award Won | Song/Album | Outcome |
| 2022 | Headies Awards | Best Rap Album | Carpe Diem | Winner |
| 2016 | Nigerian Entertainment Awards (NEAs) | Album of the Year Rap Act of the Year | Eyan Mayweather Himself | Winner |
| 2016 | City People Entertainment Awards Afrima | Rap Artist of the Year West Africa Artist of the Year | Himself | Winner |
| 2015 | Headies Awards | Artiste of The Year | Himself | Winner |
| 2014 | 2014 Channel O Music Video Awards | Most Gifted West | Turn Up | Winner |
| 2014 | Headies Awards | Album of the Year | Baddest Guy Ever Liveth | Winner |
| 2014 | Headies Awards | Best Rap Album | Baddest Guy Ever Liveth | Winner |
| 2014 | Headies Awards | Best Street Hip-Hop Artiste | Durosoke | Winner |
How Old is Olamide?
Olamide is 34 years old as of 2023.
Who is Olamide’s Wife?
Olamide has been happily married to Adebunkunmi O. Adedeji for several years now, and they have two wonderful sons together.
Adebunkunmi is a private person and not much is known about her online, but she is also a successful entrepreneur who owns Novade Hair Care, an online store specializing in wigs and hair products.
On multiple occasions, the hitmaker has praised his wife for her unwavering support and commitment to his career since before he entered the music industry.
Apart from his marriage to Adebunkunmi, Olamide had a relationship with a popular Nigerian OAP Maria Okan, which resulted in a child outside his marriage.
The controversy of his extramarital affair rocked the internet when Maria came online to complain about the singer neglecting her child.
Despite all of this, the singer remains committed to his marriage with Adebunkunmi.
Olamide Children
Olamide has two children with his wife Adebunkunmi Adedeji, a boy named Batifeori Maximilliano Adedeji born in 2015, and Tunperin Myles Adedeji born in 2019.
Outside his marriage, the famous music star welcomed a girl child with baby mama, Maria Okan.
The child is named Asaiah Monifé Maria. Asaiah lives in the UK with her mom, while Batifeori and Tunperin live with Olamide and his wife.
Although there have been reports of the artist having more children outside his marriage, there is no official confirmation as to whether this is true or not.
Only the three children mentioned above are recognized as Olamide’s children.
Olamide Houses
Owning property is a common investment strategy among Nigerian celebrities, and badoo is no exception.
He has several houses in Lagos, including one in a prestigious area of Lagos Island that shows off his preference for a luxurious lifestyle.
The Lekki mansion, which is Olamide’s primary residence, is adorned with opulent interior decorations and furnishings.
In addition to his island house, the award-winning musician also reportedly owns two properties on the Lagos mainland.
There have been whispers about him investing in real estate in London, but there is no concrete evidence to support this speculation. Therefore, we cannot say for sure.
Olamide Cars
Olamide’s success story is truly inspiring, as he has worked hard to achieve his dreams. He now enjoys the fruits of his labor and is living a life of luxury.
Despite his wealth, the rapper is not one to show off online. However, he does occasionally give his fans a glimpse of his car collection through his Instagram posts.
According to reports, Olamide owns a total of five luxury cars, including a Lamborghini Aventador, a Toyota Camry, a Range Rover Sports V8, a G-wagon, and a Rolls Royce Phantom.
Of all his cars, the Lamborghini is the most expensive, valued at over 200 million naira, while the Toyota Camry is the cheapest, worth around 5 million naira.
Frequently Asked Questions
1. How much is Olamide worth in 2023? As of 2023, Olamide is estimated to be worth between $12 million – $15 million. He is one of the richest musicians in Nigeria.
2. What is the Net worth of Olamide in Naira? Olamide has a net worth of $12 million which amounts to about N9 billion Nigerian Naira.
3. Where does Olamide Baddo live now? Currently, the 34-year-old music star lives in Lagos with his family.
4. Where is Olamide based? He is based in Lagos, Nigeria
5. Does Olamide have a Lamborghini? Yes, Olamide owns a Lamborghini Aventador that is worth 218 million naira. His most luxurious car.
6. Does Olamide have a Private Jet? Given his financial success, one might assume that he would have gotten in a private jet by now. However, despite his wealth, Olamide has yet to purchase a private jet.
