|Net worth:||$26 Million|
|Date of Birth:||November 26, 1982|
|Height:||1.82m (6′ 0″)|
|Profession:||Singer and Record producer|
Don Jazzy is a well-known music producer, musician, and successful business mogul who has made millions from his investments and business deals. His net worth was recently estimated at $26 million, which equates to about 13 billion Naira according to current exchange rates.
Don Jazzy’s primary source of wealth comes from his record label, although he also has other sources of income such as endorsements and investments, which is home to countless talented Nigerian music artists, including Ayra Starr, Boy Spyce, Rema, Magixx, Crayon, Johnny Drille, and Ladipoe.
In addition to his music career, Don Jazzy has other investments and business interests. He is a businessman with numerous investments and endorsement deals, and his net worth is constantly increasing due to his savvy business acumen.
For this article, we conducted detailed research into Don Jazzy’s life and net worth, including interviewing his business associates and close friends. After a thorough evaluation, we can say that his net worth is estimated at $26 million, making him one of the richest musicians in Nigeria.
How Don Jazzy Makes His Money
Don Jazzy makes his money from his record label,
Don Jazzy began his journey as both a music producer and businessman when he co-founded Mo’Hits Records, his first record label, in partnership with D’Banj, who was also the first artist signed to the label.
As the music producer for Mo’Hits Records, he created some of Nigeria’s biggest hits during the 2000s and early 2010s. He worked with several musicians, including The 419 Squad, Solek, JJC Skillz, Kas, Jesse Jagz, D’Banj, and many more.
Through his efforts with Mo’Hits Records, Don Jazzy earned both wealth and recognition, producing chart-topping albums which include:
- No Long Thing (2005) – D’Banj
- Rundown (2006) – D’Banj
- The Entertainer (2008) – D’Banj
- Mushin2Mohits (2009) – Wande Coal
- Turning Point (2010) – Dr. Sid
Apart from D’Banj, Wande Coal, and Dr. Sid, Mo’Hits Records also saw the rise of Don Jazzy’s brother D’Prince and singer Kayswitch ‘D Produkt.
After achieving great success with Mo’Hits for eight years, the group disbanded in March 2012 with Don Jazzy and D’Banj going their separate ways.
However, two months later which was in May 2012, Jazzy established Mavin Records. The label has been instrumental in launching the careers of some of Nigeria’s most influential musicians, including Reekado Banks, Tiwa Savage, Korede Bello, Dija, Johnny Drille, Ayra Starr, Ladipoe, Rema and many more.
The label is also a distributor of Jonzing World, which is owned by D’Prince and is affiliated with the fast-rising young artist Rema. Rema’s debut EP “Rema” reached the top spot on Apple Music Nigeria.
In 2019, Mavin Records received a multi-million dollar investment from Kupanda Holdings, a joint venture between Kupanda Capital and TBG Growth. Mavin Records employed about 100 people and two other producers Altims and Baby Fresh, working alongside Don Jazzy.
Mavin records is estimated to be worth approximately $12 million and is one of the wealthiest record labels in Nigeria.
Acting and SkitMaking
In 2012, Don Jazzy made his film debut in “The Last 3 Digits”. On top of that, Don Jazzy has also been featured in various skits with the likes of Broda Shaggi and Mr. Macaroni.
He frequently goes on various online shows and interviews to participate in fun challenges, answer questions, and display his comical personality. Recently, he collaborated with Johnny Drille to remix the popular song, How are you my friend?
Don Jazzy also shared different skits created by him featuring other top skit makers on his Instagram and TikTok accounts.
While it is not certain the revenue his acting career has generated for Don Jazzy, the record label producer has gained increased popularity online because of this and some of his features in major skits have contributed to his estimated $26 million net worth.
Don Jazzy’s company Mavin Global Holdings, has several other businesses under it, including Mavin Energy, Mavin films, Mavin Records and Mavin Clothing Line.
The clothing line produces unisex clothes, but not much is known about it though Don Jazzy announced in 2018 that he needed models for his clothing line.
Mavin Films, another business under Mavin Global Holdings, produces videos and has made a short film, Liza which featured Johnny Drille, as a soon-to-be priest and Don Jazzy as a bishop.
Don Jazzy and his brother D’Prince also started a company called Mavin Energy Limited in 2012, which delivers diesel and other petroleum products 24 hours a day. Jazzy’s businesses have contributed greatly to his net worth.
One of Don Jazzy’s sources of income is his endorsement deals. He has a lot of endorsement deals including:
- Loya Milk In 2012, Don Jazzy signed a 40 million Naira endorsement deal with Loya Milk, a subsidiary of South Africa-based Promasidor Holdings, which is one of the largest milk companies in Nigeria.
- MTN In 2013, Don Jazzy signed his first endorsement deal with MTN, worth around 25 million, and later signed another deal with the network, worth 40 million after the first expired.
- Samsung Don Jazzy became an ambassador for tech giant Samsung in 2013, shortly after he founded Mavin Records. The deal was signed at the time of the launch of the Built for Africa Campaign and is believed to be worth around 110 million naira.
- Konga e-Commerce Mall In 2015, Don Jazzy and Tiwa Savage announced their endorsement deal with Konga e-Commerce Mall, an online retail store. The deal was worth about 15 million naira.
- Glo In 2020, Don Jazzy signed an endorsement deal with Glo, a leading communication company in Nigeria. He became an ambassador for the company by the fall of the same year and appeared in an advertisement with heavyweight boxer Anthony Joshua.
- Hantec Markets In 2020, Don Jazzy was signed as the Africa ambassador for multinational financial broker Hantec Markets. He has appeared in several campaigns for the company, including a promotion that offers cars and cash to participants. According to research, the deal is worth hundreds of millions of naira.
Who is Don Jazzy
Don Jazzy’s real name is Michael Collins Ajereh in Umuahia, Abia State, Nigeria, on November 26, 1982. Don Jazzy started showing interest in music as early as age 4 when he was seen playing the local drums. He didn’t stop there. At age 12, Don jazzy was already playing bass guitar. He went further in music by also learning to play the percussion instruments.
Don Jazzy accepted his uncle’s invitation to perform on the drums at a nearby church in London in 2000. That was his first journey to London.
Don played well and impressed McDonald’s management with his skills, and after that, he was offered a job as a security guard at their place.
He was later able to establish himself as a prominent figure in the Nigerian music scene after he collaborated with D’Banj to form Mo’ Hits Records.
Don Jazzy married Michelle Jackson at age 22 in 2003, but she later divorced him in 2005 with no children. The claim was that Don had more time for his music career than his marriage.
Since then, Don Jazzy hasn’t remarried, and he is not planning to do so, as he claimed in an interview in January 2023 that marriage isn’t for him.
Don Jazzy Siblings
Don Jazzy has about three siblings. His sister, Joy Solano, and brother, James Enebeli Collins and finally his younger brother, Charles Enebeli, better known as D’Prince. D’Prince is a notable Nigerian Afropop recording artist, record executive, and entrepreneur. In 2019, he founded Jonzing World, an entertainment company, where he serves as the CEO. The Ajereh family has seen multiple members achieve success in the Nigerian entertainment industry.
Don Jazzy Awards
Don Jazzy is one of Nigeria’s most successful and renowned music producers. He is the founder and CEO of Mavin Records and has won numerous awards for his work. Some of his notable awards include :
- Nigerian Entertainment Awards (2007) Music Producer of the Year,
- The Headies 2011 Producer of the Year for Over The Moon, Mr. Endowed, and Pop Something,
- The Headies 2014 Producer of the Year for Dorobucci.
- Nigerian Music Awards (2006) Producer of the Year
He also received the Afrimma Leadership in Music Award in 2020. Don Jazzy is an inspiration to many, and his achievements are a testament to his hard work.
Don Jazzy Assets
Don jazzy, being a successful man in the industry, has many assets. He has built a significant portfolio of assets, such as a multi-million dollar home in Lekki, Lagos, a fleet of cars, and a music studio.
His most prominent asset is his bold and luxurious Cadillac Escalade, worth ₦26 million, on which he proudly displays his name. His other cars include:
- Bentley Continental Flying Spur worth 60 million naira
- Range Rover Sport worth 90 million naira
- Porsche 911 Carrera worth 40 million naira
- Mercedez G Wagon worth 65 million naira
Don Jazzy owns a private jet and has invested in various tech startups. His assets have contributed to his net worth of $65.3 million, making him one of the richest musicians in Nigeria.
Don Jazzy’s Net Worth Growth in Dollars
2015- 10 million
2017- 16 million
2018- 17 million
2019- 19 million
2020- 21 million
2022- 25 million
Don Jazzy’s Net Worth 2020
In 2020, Don Jazzy, the Nigerian music producer, entrepreneur, and record label owner, continued to make waves in the industry. Despite the challenges, he ventured into new business opportunities and expanded his empire. With his successful record label, endorsement deals, and strategic investments, Don Jazzy’s net worth soared to a staggering $21 million in 2020.
Don Jazzy Net Worth 2021
Don Jazzy’s net worth in 2021 was estimated at $23 million. Don Jazzy has been a prominent figure in the Nigerian music industry for over a decade and has worked with various local and international artists. Through his successful career in music production and entrepreneurship, Don Jazzy has accumulated a substantial net worth, which continues to grow.
Don Jazzy Net Worth 2022
In 2022, Don Jazzy’s estimated net worth is reported to be around $25 million. In 2022, he continued to expand his influence in the Nigerian music industry through his record label, Mavin Records, and his digital streaming platform, Mavin X. Additionally, Don Jazzy made philanthropic efforts by supporting various charitable causes, particularly those related to healthcare and education.
Don Jazzy’s Net worth 2023
And finally, in 2023, Don Jazzy’s estimated net worth is about $26 million. In April 2023, he made a notable move by joining the cast of ‘Introducing The Kujus for its sequel, showcasing his versatility beyond the music industry. This venture likely contributed to his ongoing success and expanding influence in the entertainment world.
E-Money and Don Jazzy’s net worth
Both E-Money and Don Jazzy are prominent figures in the Nigerian entertainment and business industries, each with significant wealth and influence. Don Jazzy has a net worth of about $26 million. E-Money, whose real name is Emeka Okonkwo, is the CEO of Emmy Cargoes Limited and Five Star Music, a record label that has produced successful artists like Kcee, Harry Song, and Skibi. He is known for his flamboyant lifestyle and significant investments in shipping, oil, and gas industries. E-Money’s net worth is $1.5 million, and he owns valuable assets such as a mansion worth over 250 million Naira and a fleet of luxury cars.
Both Don Jazzy and E-Money have made substantial contributions to their respective industries, and their net worth shows their success. It’s challenging to definitively determine who is wealthier between the two, as their wealth comes from different sources and investments.
Don Jazzy is a multi-talented music producer and entrepreneur who has achieved critical acclaim in his long and illustrious career. He has been widely recognized as one of the finest record producers in Nigeria and has also made afro music quite popular worldwide.
With a net worth of $26 million, Don Jazzy has accumulated wealth from his music productions, album sales, business ventures, and as CEO of the Mavins Group. He has also won numerous awards and has been honoured with a special recognition award by the City People Entertainment Award.
Don Jazzy is an inspiration to many, and his impressive net worth is a testament to his hard work, dedication, and passion for music.
Frequently Asked Questions
What is Don Jazzy’s full name?
Don Jazzy’s full name is Michael Collins Ajereh.
How old was Don Jazzy in 2022?
He was 40 years old on November 26th 2022.
How old was Don Jazzy 2021?
Don Jazzy was 39 years old in 2021 .