This article provides accurate information regarding Olamide’s net worth and covers other essential facts about his financial status, such as assets and investments.
Olamide’s profile and net worth
Thirty-one year old Olamide is from Lagos and is married with kids
Let’s see a summary of Olamide’s profile including Olamide net worth.
Olamide’s income sources
Olamide’s major source of income is from his music career. However, Olamide’s other sources of income helped spike his net worth.
Olamide’s first song that brought him to the limelight was “Eni Duro”, which was released in 2010 under the Coded Tunes record label.
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After that year, Olamide had released different music albums and EPs such as Rapsodi (2011), YBNL (2012), Baddest Guy Ever Liveth (2013), Street OT (2014), Eyan Mayweather (2015), Lagos Nawa (2017) and 999 (an EP, in 2020).
Olamide’s record label – YBNL
Olamide founded his own record label called Yahoo Boy No Laptop (YBNL) in 2012. Yahoo Boy No Laptop is derived from the slang ‘yahoo boys’, which means young boys making illegal money.
So far, Olamide has made lots of money from his record label. YBNL has signed many renowned artists like Adekunle Gold, Lil Kesh, Picazo, Chinko Ekun, Temi Ovwasa etc.
Through his record label, YBNL, Olamide brought up other musicians like Lil Kesh and Adekunle Gold, who are in the Nigerian music industry’s limelight today.
Olamide endorsement deals
Do you wonder why Olamide net worth is high? Well, just like other popular musicians like Wikid and Davido, Olamide has landed lots of lucrative endorsement deals asides from his music career. The singer makes millions of naira from his endorsement deal every year.
Olamide is a brand ambassador for top Nigerian companies like Guinness, Globacom, and iTel mobile. Olamide also has an endorsement deal with the American vodka company, Ciroc.
In 2019, Olamide announced that he had signed an endorsement deal with Goldberg Lager, a deal worth millions of naira. The deal announcement was made at a Media event at the Raddison blu Hotel Ikeja.
Olamide’s houses, cars and their worths
Olamide, with a net worth of more than 11 million dollars, has different leisure houses where he goes to relax even though he hasn’t revealed all to the public. He owns a house worth N25 million in Bariga and another house worth N70 million in Lekki.
Olamide also owns various cars ranging from the more affordable Toyota Camry to the less affordable Rolls Royce Phantom he purchased. Below are some cars you will find amongst his fleet:
- Toyota Camry (N4 million)
- Toyota Venza (N6 million)
- Range Rover Sport (N15 million)
- Mercedes Benz G-Class (N23 million)
- Range Rover V8 (N32 million)
- Rolls Royce Phantom (N68 million)
Olamide net worth has skyrocketed over the years even as he continues to make more music, sign more artists to his record label and land more endorsement deals.
With a net worth of over 11 million dollars, Olamide stands today as one of Nigeria’s most influential musicians.
