After gaining media attention due to the success of his debut album Rapsodi released in 2011, the Rapper who records most of his songs in Yoruba has kept on climbing higher on the ladder of success and fame.
Olamide Adedeji, popularly known as Olamide Baddo has made a name for himself in the music industry, and even ousting his predecessor and role model Dagrin.
Over the years, the rapper has released several single and albums and has also inspired many other young rappers, including those once signed to his record label YBNL.
Looking much dapper with a red cup in his left hand, it can be arguably stated that he is the richest rapper in Nigeria. But it would worthwhile to note that not all his wealth comes from album sales.
Here is a breakdown of Olamide’s net worth, endorsement deals over the years and other valuable assets.
Olamide’s Valuable Assets
The Badoo rapper has amassed wealth over the years in the Music industry, but his assets and rumors of ownership of several establishments go further than the music industry.
The rapper is rumoured to own and manage two filling stations, also he boasts of a fleet of luxury cars with a worth of over N40million.
He also boasts of a luxurious house in the elite neighborhood of Lekki, the house is rumored to have cost N38million
Olamide Endorsement Deals
Apart from album sales and show bookings, the YBNL Boss also boasts of endorsement deals with several companies which are worth in millions.
In 2013, he became the first Nigerian to sign an endorsement deal with Vodka brand, Ciroc. The deal was said to have worth millions of naira.
In the same year he signed a multi million deal with the brewery brand Guiness.
Also in the last quarter of the same year he hit another multi-million endorsement deal which saw him become the ambassador for Etisalat.
Recently, he signed an endorsement deal with Sterling Bank Plc which saw him become the ambassador of the financial services provider.
Bookings / Events
Other sources of Olamide’s vast wealth comes from his charges for booking and shows
According to sources, the rapper charges between $6,500 to $13,500 per show and between $50 to $1,000 for his concerts and organized events.
Olamide Net Worth
As of 2017, Olamide’s net worth is placed at $6million which is roughly about N1.8billion.
It is no doubt that the rapper deserves such due to the fact that he keeps our spirit alive with his dance hall and soul pacifying tracks.