Top 10 Richest Musicians In South Africa (2024 Net Worth)

We’ll be sharing with you the top 10 richest musicians in South Africa 2023. There are a number of talented musicians in South Africa who are making waves. They rank impressively when compared to artists from other African countries.

A lot of these artists have international collaborations are recipients of several international awards. With the fast pace at which musicians are churning out remarkable sounds, South Africa now ranks as one of Africa’s leading producers of Hip-Hop stars.

Efforts must accompany results. So we will be looking at the top richest musicians in South Africa and their net worth.

We have collated the names of the richest musicians in South Africa who currently dominate the country’s music industry. Importantly, this list is reported to have been proclaimed officially by Forbes – the world’s best ranking organization.

Top 10 Richest Musicians in South Africa 2023

Below is the list of the top richest musicians in South Africa and their net worth in 2023.

1. Steve Hofmeyr

Steve Hofmeyr is the richest musician in South Africa with an estimated net worth of R273 million. The Afrikaans folk artist who released the hit albums Desertbound and Beautiful Noise has been in the music industry since 1989.

The controversial Steve Hofmeyr has also made his mark as an actor and television presenter in his career.

Steve Hofmeyr Net Worth

According to Forbes, Steve Hofmeyr is the richest musician in South Africa and is currently worth a whopping R273 million.

2. AKA

Kiernan Jarryd Forbes popularly known as AKA is one of the richest musicians in South Africa. AKA has a net worth of about R155,6 million. The South African rapper started music as a teenager and made his first album in 2011.

AKA is also a recipient of so many international awards. Sequel to say, AKA makes his money from business as well.

AKA Net Worth

According to Net Worth Portal, AKA is the second richest musician in South Africa with a net worth of R155,6 million.

3. Rebecca Malope

Rebecca Malope is among the richest musicians in South Africa with a total net worth of R68,25 million. The popular African Queen of Gospel has a career that has spanned over 30 years.

Rebecca is one of the biggest selling artists in South Africa. She has reportedly sold over 10 million albums in South Africa till date. During her career, she’s released 35 albums which have achieved multi-platinum, platinum or gold status.

Malope is also the host of TV show, Gospel Time and in 2013 she was one of the judges on reality TV show Clash of the Choirs South Africa.

Rebecca Malope Net Worth

According to Wiki Net Worth, Rebecca Malope has a net worth of R68,25 million.

4. Die Antwoord

Die Antwoord is among the wealthiest musicians in South Africa. The popular South African Hip Hop group comprise of a male/female rapper duo Ninja and Yolandi Visser and their producer DJ Hi-Tek.

The group released its first album in 2009, and since then it has released four studio albums so far, and their fifth album is due for release in 2018.

Die Antwoord Net Worth

Die Antwoord has a net worth of R56 million and annual revenue of R8 million.

5. DJ Euphonik

Themba Mbongeni Nkosi popularly known as DJ Euphonik is the richest Disc Jockey in South Africa and among the richest musician with a net worth of R34.1 million.

He has done collaborations with big names in the international music industry, including Swedish House Mafia and Skrillex, as well as travel the world. Euphonik, who is known for his House music, also has an interest in property. He owns a total of 14 properties in Johannesburg.

DJ Euphonik Net Worth

DJ Euphonik has an estimated net worth of R34.1 million.

6. Black Coffee

Nkosinathi Innocent Maphumulo popularly known by his stage name Black Coffee is among the richest musician in South Africa. Black Coffee has a career spanning over 22 years.

He is the founder of the music label Soulistic Music, and has worked with international stars such as Usher, Alica Keys and Drake, and made an appearance on numerous best-selling list. Black Coffee also owns a property in Los Angeles in the United States of America.

Black Coffee Net Worth

He has an estimated net worth of R28.5 million.

7. DJ Sbu

DJ Sbu real name “Sibusiso Leope” is among the richest artist in South Africa with a net worth of R27.3 million. The South African DJ and Kwaito star is the founder of TS Records and MoFaya energy drinks.

DJ Sbu Net Worth

DJ Sbu has an estimated net worth of R27.3 million.

8. Oskido

Oscar Bonginkosi Mdlongwa or Oskdio is one of the richest musicians in South Africa with an estimated net worth of R27.3 million.

Oskido has been in the South African music industry for over 20 years. He is the founder of Kalawa Jazmee Records, a music label, which signed the likes of Bongo Maffin and Boom Shaka.

Oskido Net Worth

According to sources, Oskido has an estimated net worth of R27.3 million.

9. Cassper Nyovest

Cassper Nyovest real name “Refiloe Maele Phoolo” is one of the richest musicians in South Africa. In fact, he widely dope as the Kanye West of South Africa.

Nyovest has a lot of endorsement from many companies in South Africa including MTN and the Vodka brand Ciroc. Cassper has managed to stay relevant in the South African music industry ever since he started.

Cassper Nyovest Net Worth

According to the net worth portal, Cassper Nyovest has an estimated net worth of R9.55 million.

10. Juanita du Plessis

Featuring on our list of richest musicians in South Africa is Juanita du Plessis. Although her net worth is not yet known, she definitely deserves a place on our list.

Throughout her career, du Plessis achieved gold and multi-platinum status for 30 of her albums, which sold 1.35 million albums thus far. With stats like that, no wonder she’s one of the richest South African musicians.