Popular Nigeria indigenous rapper Olamide started his journey to the music industry as a street boy in Bariga to becoming a household name across the country. His first breakthrough song was Eni Duro and he has continued to record hits songs after then, within a short period of time Olamide has won several awards and countless endorsements to his name. These has skyrocketed Olamide net worth to a whooping $12.5 million.
The Ogun State born rapper Olamide Adedeji started his music career fully in 2011 and was signed to ID Cabasa record label Coded Tunes. Shortly thereafter, he left the record label in 2012 to setup his own record label YBNL which is currently among the biggest record label in Nigeria. Olamide has won several awards such as 2014 Artiste of the year, and Album of the year winner at the Headies awards, 2014 Channel O Music Video Awards for the Most Gifted West. So far, Olamide has five studio albums with these, you simply can not question the credibility of Olamide net worth
Olamide Net Worth And Endorsement Deals
Etisalat – In 2013 Telecommunications company Etisalat signed Olamide along side Ice Prince as their brand ambassadors in an endorsement deal that worth hundreds of millions of naira. The deal is still on till date.
Ciroc – Olamide became the first Nigeria artiste to signed to the international premium vodka company home to American rapper Rick Ross an inside source says the deal is worth more than 40m.
Guinness – 2013 was such a good year for Olamide as he bag another endorsement deal with Guinness the deal is worth several millions of naira.
Sure Bet 24/7 – In a deal that worth N20 million, Olamide signed for Surebet 24/7, a Nigeria base online sports betting company in 2014 to become the company’s brand ambassador all this deals boost Olamide net worth to $12.5 million.
Olamide Record Label YBNL
In 2012 Olamide setup his own record label after a brief stink with Coded Tunes and has three artiste under the label namely Lil Kesh, Adekunle Gold, and Viktoh. Adekunle Gold is currently making waves in the music industry with ‘Sade’, and Lil Kesh ‘Shoki’ and ‘Gbese’.
Olamide gets percentage from all his artistes sponsorship deals and show fees as well as shares from all songs produced under YBNL Record label, making him one of the highest earner in the industry.
Other Platforms Olamide Makes Money
Monetisation of Musical content through different platforms like Itunes, Spinlet and YouTube also added to his source of income following high views and demands for his songs all raking in millions for him, Olamide net worth is $12.5 million.
What Olamide Charges Per Show
With his continuous hit songs Olamide charges between 3m – 5m per show and due to his popularity he covers between 50 – 70 shows yearly both local and international gig. Without mincing words Olamide is definitely one of Nigerian richest artiste. His current hit song ‘Shakiti Bobo’ may go down as one of the biggest street hit songs in Nigerian music history – a rave of the moment.