Joeboy has rapidly emerged as one of the biggest breakout stars in the Nigerian music scene. He gained fame in 2019 and has quickly become successful with a high net worth.
In this article, we take an in-depth look at Joeboy’s net worth and how he has amassed his wealth so far. We will cover details on Joeboy’s earnings from music streams, album sales, sold-out concerts, and endorsement deals.
We also provide details on his personal assets, including his house, cars, and lavish lifestyle. Overall, this article provides a comprehensive profile of Joeboy’s net worth and the progression of his career.
Full Name | Joseph Akinwale Akinfenwa-Donus |
Stage Name | Joeboy |
Date of Birth | May 21st 1997 |
Age | 26 |
State of Origin | Lagos State |
Nationality | Nigeria |
Religion | Christianity |
Marriage Status | Single |
Source Of Wealth | Musician, Endorsement |
Record Label | Warner Music Africa |
Net Worth | $2 Million |
Joeboy Net Worth 2024
As of 2024, Joeboy boasts an impressive estimated net worth of $2 million. His income streams include music streaming royalties, downloads, sold-out concerts, live performances, and lucrative endorsement deals.
As an Afrobeats sensation, Joeboy holds high potential for further net worth growth in the years ahead. In the competitive landscape of Nigerian music, he has successfully carved out a niche, solidifying his influence and contributing to the noteworthy financial success reflected in his net worth.
Joeboy Net Worth Growth
According to our research, Joeboy’s net worth in 2020 was estimated to be around $85,000. This figure was attributed to his income from music, including his hit songs “Nobody” and “Love Nwantiti (Ah Ah Ah),” and potential endorsement deals.
In 2021, Joeboy’s net worth remained at an estimated $85,000, still primarily driven by his music career. He released his debut album, “Somewhere Between Beauty & Magic,” in February 2021, contributing to his income stream alongside songs like “Kele” and “Empty My Pocket.” While the album achieved moderate success, his established career in the previous year likely helped maintain his net worth at the same level.
Joeboy’s career continued to blossom in 2021, with the release of his debut album “Somewhere Between Beauty & Magic.” While its success was moderate, his established reputation ensured his net worth remained steady at an estimated $85,000, primarily driven by his music career.
However, 2022 marked a significant turning point. Joeboy’s net worth skyrocketed to an impressive $900,000, reflecting his rapid success in the music industry. This remarkable growth can be attributed to several factors, including continued music releases like “Yawa No Dey End” and “Vanilla Bottega,” sold-out concerts and live performances capitalizing on his rising popularity, and potentially lucrative endorsement deals like the one mentioned with Samsung. These combined factors solidified Joeboy’s financial success in 2022 and cemented his position as a rising star in the Nigerian music scene.
As of 2023, Joeboy’s net worth stood at an estimated $1 million. This impressive figure is primarily attributed to his successful music career, including album sales, streaming royalties, and live performances.
Building upon his growing career and fanbase, Joeboy released his sophomore studio album, “Body & Soul,” in May 2023. This album, preceded by hit singles like “Sip (Alcohol)” and the title track “Body & Soul,” further solidified his position in the industry and contributed to his continued financial success.
Additionally, a notable endorsement deal with Samsung likely plays a role in his growing wealth. Joeboy’s continued musical achievements and strategic brand partnerships ensure his financial success is likely to continue flourishing in the years to come.
How Joeboy Makes His Money
Joeboy’s success in the music industry translates to multiple income streams:
- Endorsement deals: Partnering with major brands like Samsung brings in significant revenue. While specific figures remain confidential, industry standards suggest such deals can range from $100,000 to $300,000 for Nigerian celebrities, depending on the brand.
- Music streaming: Platforms like YouTube, Spotify, and Apple Music contribute to Joeboy’s income through streams and downloads of his music.
- Music sales: This includes sales of his albums, singles, and digital downloads on platforms like iTunes and Amazon Music.
These sources combined contribute to Joeboy’s growing net worth and reflect his flourishing career in the music industry.
Joeboy Biography And Career
Born Joseph Akinwale Akinfenwa Donus in 1997, Joeboy is a talented Nigerian singer and songwriter who has taken the music industry by storm. Despite holding a degree in Human Resource Management from the University of Lagos, his passion for music led him down a different path.
Joeboy’s journey began with creating song covers, including one for Ed Sheeran’s “Shape of You” which caught the attention of Mr. Eazi, a renowned musician. This led Joeboy to participate in Mr Eazi’s emPawa Africa program, which supported emerging talents. He used his grant from the program to create a music video for his single “Fààjí.”
His big break came in 2019 with the release of the hit song “Baby,” which garnered millions of views and streams. This success was followed by other popular tracks like “Beginning” and collaborations with artists like Mayorkun. These achievements earned him recognition, including awards like Best Artiste in African Pop at the All Africa Music Awards.
Joeboy’s debut album, “Somewhere Between Beauty & Magic,” arrived in 2021, solidifying his place in the music scene. He continued his momentum with the release of his sophomore album, “Body & Soul,” in 2023, further establishing himself as a force to be reckoned with in the Afrobeats world.
Joeboy’s dedication and talent have paved the way for a flourishing musical career. His journey from university graduate to Afrobeats star is an inspiring story that continues to unfold.
Joeboy’s Discography
Albums:
- Somewhere Between Beauty & Magic (2022)
- Body & Soul (2023)
EPs:
- Love & Light (2019)
- Apple Music Home Session: Joeboy (2023)
Singles as Lead Artist:
- Realest (featuring Triple N) (2017)
- Fire (featuring King Promise and GuiltyBeatz) (2018)
- Fààjí (featuring Mr Eazi) (2018)
- Gbese (featuring Oxlade and DJ Voyst) (2019)
- Baby (2019)
- Beginning (2019)
- Don’t Call Me Back (featuring Mayorkun) (2019)
- Blessings (2019)
- All for You (2019)
- Call (2020)
- Lonely (2020)
- Empty My Pocket (with Lakizo Entertainment) (2021)
- Felicitation (with DJ Voyst) (2021)
- Sip (Alcohol) (2022)
- Cubana (2022)
- Spiritual Gbedu (2022)
- Contour (2022)
- Likkle Rikkim (2022)
- Body & Soul (2023)
- Duffel Bag (2023)
- Game Over (with Michaël Brun) (2023)
Singles As a featured artist:
- No D (DJ Voyst featuring Joeboy and Brainee) (2018)
- Nobody (DJ Neptune featuring Joeboy and Mr Eazi) (2020)
- Love Nwantiti (Ah Ah Ah) (CKay featuring Joeboy and Kuami Eugene) (2020)
- Kele (Laycon featuring Joeboy) (2021)
- …Shall We Begin… (Olamide featuring Joeboy) (2022)
- Yawa No Dey End (Majeeed with Joeboy) (2022)
- Vanilla Bottega (Lil Kesh featuring Joeboy) (2022)
- Fancy Water (Lil Kesh featuring Joeboy) (2022)
- Designer (Major Lazer and Major League Djz featuring Joeboy) (2023)
Joeboy’s Awards
Joeboy’s talent and dedication have been recognized through various awards and nominations throughout his career:
Awards:
- 2019 All Africa Music Awards: Best Artiste in African Pop (Won)
- 2020 Soundcity MVP Awards Festival: Best Pop (Won)
Nominations:
- 2019 The Headies:
- Next Rated
- Best Pop Single (“Baby”)
- Song of the Year
- Viewer’s Choice (“Beginning”)
- 2019 City People Music Awards:
- Popular Song of the Year (“Baby”)
- Most Promising Act of the Year
- Best New Act of the Year
- Revelation of the Year
- 2020 Soundcity MVP Awards Festival:
- Best New MVP
- Listeners’ Choice (“Beginning”)
- Song of the Year (“Baby”)
Joeboy’s Cars
As Joeboy’s net worth continues to rise, he has expanded his car collection with notable additions, showcasing his taste for luxury. Here are the remarkable cars currently owned by the talented artist:
- Mercedes Benz C300 Coupe:
Joeboy’s latest addition is the stylish Benz Coupe, known for its sleek design and luxurious features, epitomizing sophistication.
- Mercedes Benz GLE 43:
In 2022, Joeboy included the Mercedes Benz GLE 43 in his collection. This luxury SUV is renowned for its performance and comfort, with Mercedes GLE models typically priced at $60,000 and above.
Joeboy’s Houses
As of early 2023, Joeboy has expanded his real estate holdings, acquiring notable properties. Here are details about his houses:
- Fourth Lagos Mansion:
In early 2023, Joeboy added a fourth house to his portfolio in Lagos, Nigeria. Specific details about this property are not provided.
- Third Lagos Mansion:
Joeboy’s third residence in Lagos is estimated to be valued at around ₦130 million naira, approximately USD 283,000. This house reflects his commitment to a luxurious lifestyle.
- Mansions in Ogun State:
Additionally, the singer owns at least two mansions in his home state of Ogun. Specific details about these properties are not specified.
Joeboy’s success in the music industry has not only allowed him to build an impressive real estate portfolio but also showcased his ability to enjoy a lavish lifestyle. As he continues to thrive in his career, there may be further additions to his real estate holdings in the future.
Joeboy’s Social media profile
- Instagram: @joeboyofficial
- Twitter: @joeboy
- Facebook: @joeboyofficial
Controversies
In October 2022, singer Bukola Elemide, also known as Asa, served Joeboy a copyright infringement notice regarding his song “Contour.”
Asa asserted that the song’s composition had originally been recorded by her and the producer “Tempoe” in September 2020. Asa demanded a compensation of N300 million and the removal of the song from all digital streaming platforms.
Conclusion
Joeboy, a talented Afrobeats musician, has seen his career flourish since its beginnings in 2017. His dedication to music, evident in his numerous hit songs and collaborations, has translated into financial success.
With a net worth of $2 million in 2024, Joeboy enjoys a luxurious lifestyle and continues to make his mark on the music industry. As he releases new music and ventures into brand partnerships, his future holds the promise of continued growth and success.