Tiwa Savage, often referred to as the "Queen of Afrobeats," has built an impressive career in the Nigerian and global music industry, which has contributed to her substantial net worth.
As one of Africa's most successful female artists, Tiwa Savage's income streams are diverse, ranging from music to endorsement deals, real estate investments, and luxury assets like cars and properties. Here's a closer look at her net worth, luxurious lifestyle, and investments.
Tiwa Savage’s Net Worth
As of 2024, Tiwa Savage's net worth is estimated to be around $10 million, making her one of the wealthiest female musicians in Africa. This wealth has been accumulated through a combination of album sales, streaming revenue, sold-out tours, lucrative endorsement deals, and savvy investments.
Tiwa Savage’s Houses
Tiwa Savage is known to have made significant investments in real estate, owning several luxurious properties in Nigeria and abroad.
Lekki Mansion
One of her most well-known properties is her mansion in the high-end area of Lekki, Lagos. This lavish home features modern amenities, a spacious living area, and a large swimming pool, reflecting her luxurious taste. Lekki is known for being home to many Nigerian celebrities and high-net-worth individuals. It is apparently worth over ₦75 million
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London Apartment
Tiwa Savage also owns a house in London, where she lived before her full-time return to Nigeria. London remains a significant base for her due to her international music ties, and her home there is reported to be a modern, upscale apartment. But then she also has a lavish residence in London, United Kingdom, purchased in 2022 for $1.7 million. The house features a fully equipped gym, beautifully furnished living spaces, and a cinema room.
Real estate is a key part of Tiwa Savage’s wealth portfolio, and she has made smart choices by investing in prime properties in Nigeria and major cities like London.
Tiwa Savage’s Cars
Tiwa Savage is a lover of luxury cars and has a fleet of high-end vehicles that showcase her success. Some of the notable cars in her collection include:
- Rolls-Royce Phantom: One of the most luxurious cars in her garage, the Rolls-Royce Phantom is known for its superior comfort and prestige. The car is worth over $400,000, and owning one is a symbol of status in the celebrity world.
- Mercedes-Benz V-Class: Tiwa owns a Mercedes-Benz V-Class, which she often uses for comfort during tours and business trips. This vehicle combines luxury with practicality, offering spacious seating and state-of-the-art technology.
- Range Rover Sport: Like many Nigerian celebrities, Tiwa Savage drives a Range Rover Sport, known for its power and luxury. This SUV is valued at over $90,000.
- Bentley Bentayga: Another luxury SUV in her collection is the Bentley Bentayga, a high-end vehicle that costs over $200,000. It is a favorite among A-list celebrities for its luxury and performance.
Tiwa Savage’s Deals and Endorsements
Tiwa Savage has relied on her music career and diversified her portfolio with investments in various sectors and endorsement deals, which contribute to her net worth.
Endorsement Deals
Tiwa Savage has secured high-profile endorsement deals with major brands, significantly boosting her earnings. She has partnered with brands like Pepsi, where she became the first African female artist to sign an international deal with the company. Additionally, she has endorsements with brands like Konga, Pampers, and Tecno, which have all contributed to her financial growth.
Music Royalties and Streaming
Tiwa’s music catalog continues to generate revenue from streaming platforms like Spotify, Apple Music, and YouTube. Her albums, including Once Upon a Time and Celia, have raked in millions of streams globally. She also earns royalties from collaborations with international artists such as Beyoncé, Wizkid, and Davido.
Fashion and Beauty
Tiwa has shown a keen interest in the fashion and beauty industry. Her influence in this space is seen through her association with top designers and beauty brands. She was the first African woman to collaborate with Mac to release the African Mac Maker.
Tiwa Savage is the first African Woman Mac maker
Music Publishing and Record Deals
In 2019, Tiwa Savage signed an exclusive global recording deal with Universal Music Group, a move that helped expand her reach internationally. This deal ensures that her music is distributed worldwide, bringing in more revenue and solidifying her position as a global Afrobeats icon.
In addition to her wealth and investments, Tiwa Savage has been involved in philanthropic activities, supporting various causes across Africa. In July 2020, she launched the We Are Tired Foundation, which aims to provide legal support and representation to victims of sexual assault in Nigeria. The foundation began as a hashtag used to express her dissatisfaction with authorities regarding rape negligence.
