Asake's Net Worth Revealed

How much is Mr Money worth?

By  | Apr 03, 2023, 10:42 AM  | Top of The

Ahmed Ololade better known as Asake is a popular Nigerian Afrobeats singer and songwriter who only became a national sensation in 2020 but in the few years that he has been in the limelight, he has been on a steady rise.Here is a look at Asake’s net worth, his music career, as well as his endorsement deals that have helped him build his wealth.

Asake’s Net Worth

According to several online sources, Asake’s net worth is estimated to be between $1 million and $1.5 million. He has accumulated this incredible wealth through his music career and his endorsement deals with brands.

Asake’s Music Career

A great percentage of Asake’s net worth has been built from his music. He makes money from royalties and licenses of his music, live performances and YouTube. 

Asake realized his passion for music at a young age and he grew up dancing and he was particularly inclined to cultural dances. 

While in high school, he continued to grow his musical talents. He joined the school band and he also performed during school events. inspired by the likes of Wizkid, Davido, and Olamide, Asake launched his music career in 2015 and became an Afrobeats musician.
His first step into the professional music industry was when he joined Broda Shaggi’s band as a backup singer and performed with the band in shows and events across the country. He also released a single with the band titled Star in 2019 which helped him to get his name out in the industry.

Asake got his big break in 2020 after releasing his debut single Lady which went viral. He followed up this success with the release of Mr Money which was also a hit and earned him the nickname Mr Money.

In February 2022, Asake got signed to Olamide’s record label- YBNL Records further increasing his popularity. He released his debut EP titled Ololade with hit songs like Omo Ope which featured Olamide and Sungba. 

In July 2022, he signed a distribution deal with an American distribution company called Empire Distribution.

He released his debut album- Mr Money With the Vibe in September 2022 which featured some hit songs including Terminator, Peace Be Unto You and Sungba remix which featured Burna Boy

The album was a huge success both in Nigeria and internationally and he went on to embark on his global tour.

Asake’s Brand Endorsements

Besides his music career, Asake has also bagged a few lucrative deals with some big brands that have seen him walk away with millions. Some of the brands he represents include a sports betting company called Parimatch, and a cryptocurrency and bitcoin firm called  Roqqu Pay. 

Asake’s Cars and House

Asake house and car, source: BellaNaija

Asake’s net worth affords him a life of luxury that he deserves and he is living up to his superstar status. One of the cars that he has been spotted in is a beautiful white Range Rover Velar which according to market rates goes for around 40 million Naira. He also recently bought his first house located in Lagos, in August 2022.
Read more