Akon net worth

How Much Wealth a Famous R&B Singer Akon Has?

Aliaune Thiam, better known as Akon, is a famous R&B singer. He has achieved legendary status as a musician and cultural icon, his fame extends far beyond the realm of hip-hop.

Akon has established himself as a successful businessman in the music industry, having founded not one but two successful record labels.

Popular tracks by Akon include “Smack That” and “Locked Up,” although his distinctive voice may be heard on a wide variety of other tunes. The numbers show that Akon is far and away the most successful artist of his time.

He has a large number of platinum singles, including four that have been certified three times platinum. More people in the world use his music as ringtones than any other artist, per Guinness World Records.

He also holds the record for being the first solo artist to ever hold both the #1 and #2 slots on the Billboard Hot 100 at the same time.

A Brief History

Name Akon
Age: 49
Born: April 16, 1973
Height: 5 ft 10 in (1.8 m)
Source of Wealth:
Professional Rapper/Singer
Country of Origin:
United States of America
Last Update October 2022

Akon entered this world on April 16, 1973, in St. Louis, Missouri. He calls Senegal, Africa, his “hometown” because that’s where he spent a significant portion of his upbringing.

Akon is multi-instrumental, having mastered the drums, guitar, and djembe. Akon and his family emigrated to the United States, settling in New Jersey when he was seven years old.

A Brief History

As a teen, he struggled to form friendships with other kids. His parents abandoned him and his older brother when they were teenagers, leaving them to grow up on their own in Jersey City.

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Breakthrough in Akon’s Profession

Akon’s second studio album, “Konvicted,” was released in 2006. It debuted at #2 on the US Billboard 200 and went on to sell over 286,000 copies in its first week.

The album quickly reached triple platinum in the United States, earning a platinum certification just a few short weeks after its release.

The United States accounted for almost one million of the total record sales. The album’s lead track, “Smack That,” peaked at #2 on the Hot 100 and featured Eminem.

As time went on, this song was considered for a Grammy Award nomination for Best Rap/Sung Collaboration. The album “Konvicted” spent a total of 28 weeks inside the top 20 on the charts at the time.

Singles from the album featured guest appearances from notable musicians and rappers like Eminem, Styles P, and Snoop Dogg. Akon’s second single from his album “Don’t Matter,” “I Wanna Love You,” peaked at number one on the Billboard Hot 100 in 2006.

Breakthrough in Akon's Profession

The artist’s debut solo single topped the charts. After a year, the singer launched a high-quality apparel business under the name ‘Aliaube’ named ‘Konvict Clothing.’

The song “Sweet Escape,” which he produced and appeared in, peaked at #2 on the Billboard Hot 100 that same year. The singer’s 2008 album, “Freedom,” was his third. The album was certified platinum in the United States in the same year it was released.

Before his death, Akon and Michael Jackson collaborated on a single titled “Hold My Hand,” which was released in 2008. Michael and Akon had been partners in music before Michael’s untimely demise.

Following Michael’s passing, Akon produced a song called “Cry Out of Joy” as a memorial. Akon put forth extensive time and effort into creating and releasing new music. He contributed to “The Block,” the New Kids’ reunion album.

Both Leona Lewis’s “Forgive Me” and Whitney Houston’s “I Look to you” album features his contributions as a musician. The songs he recorded with Pitbull and David Guetta—”Shut it Down” and “Sexy Bit**”—reached number one in six different countries.

The Akon Is Putting Money Into His Own Town

The Financial Express published a fantastic piece alerting the world to Akon’s greatest investment yet. Popular R&B artist Akon is developing a city in Senegal that will be entirely powered by bitcoin. He’s calling it Akon City.

Since the beginning of the pandemic, many individuals have been drawn to this metropolis by the promise of alternative, less-regulated lifestyles.

Akon City will be a 2,000-acre property with its own currency, dubbed Akoin Tokens, and will be driven by blockchain technology. The project is estimated to cost $6 billion and be finished in 2030. The star’s current efforts and investment will pay off in the form of future income.

Business Success and Financial Gain

Business Success and Financial Gain

Akon’s 2011 income of $13 million was incredibly successful. Before this, in 2010, he made $21 million, which is widely regarded as his highest-earning year as a solo artist. In 2008, he made $12 million, and in 2009, he made $20 million.

Following his popularity, Akon has dabbled in a wide variety of business endeavors. In 2008, Akon launched a clothing line called Konvict Clothing. It was at the same time that he introduced his second label, Aliaune, which specializes in more expensive garments.

Akon’s charitable efforts, especially in his native Senegal, have gained him widespread renown. Akon’s grandest vision is to build a futuristic hyper-city just outside of Dakar, Senegal’s capital.

All economic activity in this future metropolis would be conducted in Akon’s personal bitcoin currency, Akoin. The government of Senegal has backed Akon’s efforts, and by 2020, it was said that the new city’s blueprints were complete.

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Net Worth of Akon

Name Akon
Monthly Salary $1.12 Million
Annual Income $13.47 Million
Net Worth $60 Million
Profession Singer, Record producer, Musician, Rapper, Television producer, Actor, Songwriter
Last Update Octuber 2022

Akon was valued at $60 million. Most of his fortune comes from his album sales, tours, songs, and records that he has written or produced.

Some of Akon’s most lucrative years as a solo artist were between 2009 and 2012. In 2008, for instance, he made $12,000,000 from all of his ventures. A year later, the ‘Ghetto’ singer made $20 million, and in 2010, he made $21 million.

In 2011, he made almost $13 million, a slight decrease from the previous year. The RIAA has platinum-certified many of Akon’s tracks, and four of them have done so three times.

Akon’s songs have been downloaded as ringtones more than any other artist in history, a fact verified by the Guinness Book of World Records.

Akon, at the height of his fame, also became the first solo artist to simultaneously hold the number one and number two spots on the Billboard Hot 100.

Brittany Holland

Brittany is the Editor-in-Chief at Key Management Insights. Brittany has spent over 10 years working in the tech industry, first as an IT technician and then as a writer. She lived with computers all her life and she works to help teach others how to get the most from their devices, systems, and apps. In her free time, she loves to spend quality time with her family and friends.

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