Richest Kids in Africa 2023 – Top 10 Young Tycoons Making Waves

Top 10 Richest Kids in Africa 2023


Richest Kids in Africa

Net Worth



Moulay Hassan

$1 Billion



Late David Adeleke Jnr

$50 million



Jayce Ikeji

$25 million



Mompha Junior

$15 million



Emmuella Samuel




DJ Young Money




Ozzy Bosco




DJ Switch




DJ Arch Junior




Lorde Ivana



Richest Kids in Africa 2023

Africa boasts an impressive lineup of young and enterprising individuals who have taken the continent by storm with their remarkable wealth and achievements. These remarkable young talents, often referred to as the “Richest Kids in Africa,” are redefining success and prosperity in the African context. From tech entrepreneurs and business prodigies to creative minds breaking new ground in various industries, the wealth and influence of these young Africans are not only transforming their own lives but also contributing to the economic growth and innovation of the entire continent. In this exploration, we’ll delve into the lives and endeavors of some of the most prominent and inspiring young wealth creators across Africa in 2023.


1. Moulay Hassan ($1 Billion)

Moulay Hassan, the Crown Prince of Morocco, has emerged as one of the wealthiest young royals globally, with an estimated net worth of around $1 billion in 2023. Born in May 2003, he is the eldest son of King Mohammed VI and Princess Lalla Salma of Morocco. Hassan’s wealth largely stems from his royal status and the extensive assets and investments controlled by the Moroccan monarchy, which includes significant interests in industries such as banking, real estate, and agriculture. Despite his young age, Hassan has shown a keen interest in contributing to his country’s development, participating in various charitable and diplomatic activities. He symbolizes the modern face of Moroccan royalty, representing a fusion of tradition and a forward-looking vision for his nation.

In addition to his royal duties, Prince Moulay Hassan has received a comprehensive education both in Morocco and abroad, which has undoubtedly prepared him for a future role as king. His net worth reflects not only his family’s vast wealth but also the importance of the Moroccan monarchy in the nation’s economic and political landscape.

2. Late David Adeleke Jnr ($50 million)

David Adeleke Jnr, widely known as Davido, was a Nigerian music sensation whose untimely passing in 2022 shocked fans and the music industry worldwide. At the time of his passing, Davido had amassed an estimated net worth of $50 million, primarily through his successful music career, numerous endorsement deals, and entrepreneurial ventures. Born in 1992, he quickly rose to fame with hits like “Fall” and “If,” which garnered millions of views on YouTube and made him a global icon in Afrobeat music. His record label, DMW (Davido Music Worldwide), also played a significant role in his financial success, nurturing emerging talent in the Nigerian music scene.

Beyond music, Davido ventured into various businesses, including a clothing line and partnerships with major brands like Pepsi. He used his fame and fortune for philanthropic efforts, notably contributing to causes related to education and healthcare in Nigeria. While his passing marked a significant loss for the music industry, Davido’s legacy as one of Nigeria’s most influential and financially successful artists continues to inspire a new generation of musicians.

3. Jayce Ikeji ($25 million)

Jayce Ikeji, the son of renowned Nigerian entrepreneur and fashion mogul Linda Ikeji, has made a name for himself in the digital space and has an estimated net worth of $25 million in 2023. Born into a family known for its success in media and fashion, Jayce has successfully carved out his own niche as a content creator and influencer. His rise to fame came primarily through social media, where he shares lifestyle, fashion, and travel content to a dedicated following. This online presence has allowed him to secure lucrative brand partnerships and endorsements, contributing significantly to his wealth.

Jayce’s entrepreneurial spirit is evident in his various business ventures, including fashion collaborations and merchandise sales. He has leveraged his family’s brand while simultaneously building his personal identity as a social media influencer and style icon. With a promising future ahead, Jayce Ikeji is a testament to the opportunities presented by the digital age for young entrepreneurs to forge their own paths and amass significant wealth.

4. Mompha Junior ($15 million)

Mompha Junior, whose real name is Muhammed Lawal Mustapha Jr., is a young Nigerian entrepreneur and social media sensation who has garnered substantial wealth and fame. Born into affluence, he is the son of Ismaila Mustapha, popularly known as “Mompha,” a prominent Nigerian businessman and socialite. Mompha Junior has followed in his father’s footsteps, establishing himself as a successful entrepreneur in his own right. His estimated net worth of $15 million is primarily derived from his involvement in real estate, luxury fashion, and other business ventures. With a strong presence on social media platforms like Instagram, he showcases a lavish lifestyle that includes luxury cars, designer clothing, and exotic travel experiences.

Mompha Junior’s business interests span various sectors, including real estate development and the fashion industry. He has leveraged his family’s connections and resources to establish a thriving career. In addition to his entrepreneurial pursuits, he has used his platform to inspire and educate young Nigerians about the possibilities of financial success through hard work and dedication. His story serves as a testament to the potential for young individuals in Africa to achieve substantial wealth and success, even when born into affluent families.

5. Emmuella Samuel ($500,000)

Emmanuella Samuel, often referred to simply as “Emmanuella,” is a Nigerian child comedian and actress whose talent and charisma have propelled her to fame and financial success at an incredibly young age. Born in 2010, Emmanuella gained widespread recognition through her appearances in comedy skits produced by the Nigerian comedy group, Mark Angel Comedy. Her impeccable comedic timing, innocence, and relatable humor endeared her to audiences not only in Nigeria but also across the African continent and beyond.

At just 13 years old, Emmanuella has amassed an estimated net worth of £500,000, primarily through her comedy career, which includes earnings from YouTube, brand endorsements, and appearances in movies. She became the youngest recipient of the “African Social Media Star” award at the Nickelodeon Kids’ Choice Awards in 2021, further solidifying her status as a rising star in the entertainment industry. Emmanuella’s journey is a testament to the boundless potential of young talents in Africa, reminding us that age is no barrier to achieving fame and financial success when one possesses exceptional skill and determination.

6. DJ Young Money ($450,000)

DJ Young Money, born Sylvester Agho, is a 16-year-old Nigerian disc jockey and music artist who has carved out a niche for himself in the competitive music industry. With a net worth estimated at £450,000, he has made a significant impact on the Nigerian music scene, particularly in the realm of Afrobeat and Afro-fusion. Known for his exceptional DJing skills and passion for music, DJ Young Money has built a loyal fan base and gained recognition for his energetic performances.

His journey to success began as a teenager, where he started DJing at local events and parties. Over time, he honed his craft and expanded his reach through social media, where he shares his mixes and engages with fans. DJ Young Money’s music career has also contributed to his wealth, with several successful singles and collaborations with well-established artists. As a young artist and DJ, he serves as an inspiration to other aspiring musicians and disc jockeys, demonstrating that dedication to one’s passion can lead to both artistic fulfillment and financial success.

7. Ozzy Bosco ($400,000)

Ozzy Bosco, whose full name is Oziomachukwu Favour Mojekwu, is a Nigerian child music sensation and philanthropist. Born on January 7, 2007, he gained fame at a very young age for his exceptional musical talents. He started his music career at the tender age of four and has since released several hit songs in Nigeria, including “Tinini” and “You Reign.” Ozzy Bosco is not only known for his musical prowess but also for his philanthropic efforts. He founded the OzzyBosco Smile Foundation, an organization focused on empowering and supporting less privileged children in Nigeria. With a net worth of $400,000, Ozzy Bosco has not only made a name for himself in the entertainment industry but has also demonstrated the importance of using one’s success for the betterment of society.

8. DJ Switch ($300,000)

DJ Switch, whose real name is Obianuju Catherine Udeh, is a Nigerian disc jockey, songwriter, and musician. Born on April 23, 1992, she rose to international prominence during the #EndSARS protests in Nigeria in 2020. Her courageous live-streamed coverage of the protests on social media platforms brought global attention to the movement, and she quickly became a symbol of youth activism in Nigeria. DJ Switch’s musical career has also been successful, with hit songs like “Bad Man” and “Whine.” With a net worth of $300,000, DJ Switch continues to use her platform to advocate for social justice and change in Nigeria, making her not only a talented artist but also a prominent voice for the youth.

9. DJ Arch Junior ($250,000)

DJ Arch Junior, whose real name is Oratilwe AJ Hlongwane, is a South African DJ sensation. He was born on May 10, 2012, and gained international recognition for his exceptional DJ skills at a remarkably young age. In 2015, he became the youngest winner of the South Africa’s Got Talent competition when he was just three years old. DJ Arch Junior’s talent has taken him around the world, performing at various events and festivals. His net worth is estimated at $250,000, a remarkable achievement for someone so young. He continues to inspire young talents in the music industry, proving that age is not a barrier to success.

10. Lorde Ivana ($200,000)

Completing the roster of the top 10 wealthiest youngsters in Nigeria is Lorde Ivana, who is the offspring of Ghanaian actress and film producer Kufui Danku.Recognized by her full name, Lorde Ivana Pitcher, she is, in fact, the eldest child of renowned Ghanaian actress and filmmaker Kafui Danku, born on the 26th of October, 2016.From birth, Lorde Ivana has been positioned as the rightful heir to her famous mother’s wealth, catapulting her into both popularity and affluence. She stands out as one of the most in-demand youngsters in Ghana. As of now, the affluent Ghanaian youngster, Lorde Ivana, is merely 6 years old.

How are These Young Tycoons Balancing Education and Business?

Balancing education and business is a significant challenge for young tycoons in Africa, but many of them have found innovative ways to manage both aspects effectively.

Flexible Educational Arrangements: Many of these young entrepreneurs opt for flexible educational arrangements such as online courses, distance learning, or part-time enrolment in universities. This allows them to pursue their education while also dedicating time to their business ventures. They often choose courses and programs that align with their business interests, ensuring that their education complements their entrepreneurial journey.

Time Management: Effective time management is crucial for these young tycoons. They often create strict schedules that allocate specific hours for studying, business meetings, and personal time. Time management tools and techniques, such as calendars and productivity apps, are commonly used to ensure they make the most of their day.

Delegation and Team Building: Many successful young entrepreneurs recognise the importance of building strong teams. They delegate responsibilities within their businesses to trusted employees or partners, allowing them to focus on strategic decisions and educational pursuits. By entrusting others with day-to-day operations, they can maintain a presence in the business while pursuing their studies.

Setting Clear Priorities: Balancing education and business requires setting clear priorities. These young tycoons often identify the most critical tasks and commitments in both domains and ensure they address them first. This might mean postponing less urgent matters or seeking support when necessary.

Continuous Learning: These young entrepreneurs view education as a lifelong journey. They embrace opportunities for continuous learning, both within formal education and through real-world experiences. They often attend seminars, workshops, and industry events to stay updated on trends and innovations in their fields.

Adaptive Mindset: Flexibility is key when juggling education and business. These young tycoons remain adaptable and open to adjusting their schedules and strategies as circumstances change. They learn to navigate challenges and unexpected obstacles with resilience and creativity.

Seeking Mentorship: Many of these young entrepreneurs seek mentorship from experienced business leaders who can provide guidance on managing their dual roles. Mentorship helps them gain insights into effective time management, decision-making, and strategic planning.

Health and Wellbeing: Maintaining physical and mental health is essential for young tycoons. They often incorporate regular exercise, proper nutrition, and stress management techniques into their routines to ensure they have the energy and mental clarity needed to excel in both education and business.

Young tycoons in Africa balance education and business by adopting flexible educational arrangements, effective time management, delegation, setting clear priorities, continuous learning, an adaptive mindset, seeking mentorship, and prioritising their health and wellbeing. These strategies enable them to excel in both domains, ensuring a bright future for themselves and their entrepreneurial ventures.

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