Olamide Latest Net Worth in 2024
In this post, we’ll cover everything about Olamide’s net worth in 2024. Make your conclusions by going through each section.
We’re focusing on the Nigerian singer, Olamide Gbenga Adedeji (born March 15, 1989). He’s a rapper and musician, often called Olamide.
African music has had many stars, with Fela Anikulapo Kuti being one of the greatest. Olamide records songs in both Yoruba and English.
While signed to Coded Tunes, Olamide released his debut album Rapsodi in 2011. His second album, YBNL, was released under his own label, YBNL Nation. This album had singles like “First of All,” “Voice of the Street,” “Stupid Love,” and “I Left Illuminati.”
His third album, Baddest Guy Ever Liveth, was released on November 7, 2013, and included popular singles like “Durosoke” and “Yemi My Lover.” On July 17, 2013, Olamide became the first Nigerian artist to sign a deal with Cîroc.
Keep reading to learn more about Olamide’s net worth in 2024 and other interesting details.
Early Life and Musical Beginnings
Olamide Gbenga Adedeji was born on March 15, 1989, in Bariga, Lagos State. He is the second of three children born to Pa Adedeji and his second wife, Ronke Osisanya Adedeji. His siblings are TemmyGold and DJ Enimoney.
Olamide released his first single, “Eni Duro,” in 2010, which led to his big break. That same year, he performed at the Hip Hop World Awards. Due to financial difficulties, he dropped out of Tai Solarin University’s public communication program.
Olamide is married to Adebukunmi Aisha Suleiman, and they have two sons together, Maximilian Boluwatife and Tunrepin Myles. Rumors also suggest that Olamide has a love child with Maria Okanrende, a former Beat 99.9 FM presenter.
Music Career
In 2010, Olamide realized that music was his true passion, and he decided to leave a lasting mark in the Nigerian music industry.
He explained, “I knew I had a natural talent for music, so I had to pursue it. It’s my world, my job, and my lifestyle.” Like Olamide, if you find what you’re naturally good at, it could lead to success and fame.
Olamide signed with Coded Tunes, run by ID Cabasa, in 2010 and released his debut single, “Eni Duro.” The song quickly became popular in Nigeria and introduced him as a rising star.
I remember how fun it was dancing to this song with friends back in 2010. It was one of the most popular songs from 2009 to 2011, only second to Wizkid’s “Holla At Your Boy.”
“Eni Duro” gained praise from various media outlets, and after Olamide performed at the 2010 Hip Hop World Awards, his fame skyrocketed. Performing at such an event was a great honor at the time.
In 2011, Olamide released his debut album Rapsodi. The tracks, including “Eni Duro,” became instant hits, and the album became one of the most popular that year.
As his fame grew, so did his wealth. Popular artists like 9ice, D’banj, Reminisce, and Wizkid began seeking collaborations with him.
Olamide’s Net Worth in 2024
In 2024, Olamide’s net worth is estimated to be around $9 million, which is roughly 3.717 trillion Naira.
Olamide remains one of Nigeria’s wealthiest musicians. Aside from music, he has built wealth through endorsements, performances, and other ventures. YBNL Nation, his label, is a major source of his success.
Endorsement Deals and Music Performances
Along with his music, Olamide’s endorsement deals with top Nigerian companies contribute significantly to his wealth. He has received millions of Naira in endorsement fees from brands like Guinness, Ciroc, and Peak Milk.
For performances, Olamide earns between 2 to 4 million Naira per show. His organized events can bring in up to 300,000 Naira. His concert, Olamide Live In Concert (OLIC), is one of the most popular music events in Africa, bringing in millions yearly.
Awards and Achievements
Olamide, also known as the “King of the Streets,” has won several prestigious awards. Here are a few highlights:
- The Headies Next Rated Award
- Hip Hop World Revelation of the Year (2012)
- Nigeria Entertainment Awards Best Album and Best Rap Act (2013)
- Nigerian Music Video Awards for Song of the Year and Best Street Hip Hop Artiste (2013)
- City People Entertainment Awards Rapper of the Year (2014)
- TooXclusive Awards Male Artist of the Year (2015)
- Nigerian Entertainment Awards Rap Act of the Year and Album of the Year (2016)
- The Headies Best Street-Hop Artiste and Artist of the Year (2018)
FAQs about Olamide’s Net Worth
What is Olamide’s net worth in 2024?
Olamide’s net worth in 2024 is estimated to be around $9 million, which is approximately 3.717 trillion Naira.
What are Olamide’s main sources of income?
Olamide earns through his music career, endorsement deals with major brands like Guinness and Cîroc, live performances, and his record label YBNL Nation.
How much does Olamide earn per performance?
Olamide typically earns between 2 to 4 million Naira per show.
Has Olamide won any major awards?
Yes, Olamide has won several prestigious awards including The Headies Next Rated Award, Hip Hop World Revelation of the Year, and Best Rap Album at the Headies, among others.
Does Olamide have endorsement deals?
Yes, Olamide has endorsement deals with major brands such as Guinness, Cîroc, and Peak Milk, which have significantly contributed to his wealth.
How did Olamide start his music career?
Olamide started his music career in 2010 with his breakout single “Eni Duro.” He was signed to Coded Tunes and quickly rose to fame with his unique style and talent.