In the Ghanaian show business scene, disclosing one’s net worth is strictly prohibited; however, it’s undeniable, even without concrete evidence, that Sarkodie, the hip-hop musician and music executive, stands out as the wealthiest rapper in the country.
Rise to Fame
Known legally as Michael Owusu Addo, Sarkodie gained prominence in 2010 by showcasing his unique flow and speed on Adom FM’s renowned rap competition, “Kasahare Level,” where he outshone battle rappers. His distinctive delivery often draws comparisons to the multiple Grammy-nominated American artist Busta Rhymes. After securing his first label deal with Duncan Williams’ Duncwills Entertainment, he later established SarkCess Music, where artists like Akwaboah Jnr and Strongman found a home.
Sarkodie stands as one of West Africa’s most decorated rappers, having won an impressive 100 awards out of 176 nominations. Notably, he holds two BET Awards: “Best International Act: Africa” in 2012 and “Best International Flow” at the 2019 BET Hip-Hop Awards. He is the sole artist to twice claim the Vodafone Ghana Music Awards’ topmost honor, “Artiste of the Year” (in 2010 and 2013), and is the current “Artiste of the Decade.” His accolades extend to SoundCity Music Video Awards, The Headies, and MTV Africa Music Awards.
Although Sarkodie’s net worth remains undisclosed, Forbes Africa magazine recognized him among the ‘top 10 most bankable artists in Africa’ in 2017. Despite the absence of specific figures, it’s widely believed that his combined earnings from streaming, endorsements, features, and other ventures surpass even the outspoken Shatta Wale’s net worth.
Sarkodie’s income streams encompass brand endorsements, music streaming, concerts, features, and influencer marketing. Notable endorsements include brands like FanMilk, Samsung, Tigo (now Airtel-Tigo), SC Mobile, Malta Guinness, Ayoba, Vüme App, and Pepsodent. He has also ventured into clothing with “Sark by Yas” and headphones with “Obidi Chief Headphones.”For concerts, it’s reported that Sarkodie charged GHC150,000 for a show in 2018 and earned $131,000 for two Glo Mega Concerts. His average show fee is rumored to be around GHC100,000.In terms of music streaming, being the most-streamed rapper in West Africa likely contributes significantly to his monthly income, potentially exceeding $20,000 from online streaming alone.
Known for his impeccable style, Sarkodie invests in accessories like Nike’s Air Jordan sneakers, Ray-Ban sunglasses, wristwatches, chains, and bracelets. He often shares moments with his family, indulging in shopping sprees, vacations, and weekend getaways, usually opting for business class travel. Married to Tracy Owusu Addo since 2018, Sarkodie has two children: a daughter, Adalyn Owusu Addo, and a son, Micheal Nana Yaw Owusu Addo Jnr.