One can’t mention South African Hip Hop without mentioning AKA the Supa Mega. AKA is one of the country’s most prolific artists. Kiernan Jarryd Forbes, born on 28 January 1988, is a rapper, songwriter, producer and entertainer who rose to fame after the release of his debut album, Alter Ego.
AKA’s Net Worth in 2023
AKA is worth $12 million. He has been in the music industry for over thirteen years, accumulating a lot of money through album sales, international shows, and music production.
AKA’s albums and singles achieved immense success, effectively securing his bag. The rapper then turned entrepreneur and established several businesses. AKA has endorsements with numerous brands, including Cruz Vodka.
Thanks to his accumulated wealth, AKA can afford to live in luxurious mansions, drive expensive cars, fly in private jets, and date the hottest babes in Mzansi.
Let us look at AKA’s net worth, income sources, and over-the-top lifestyle that many can only dream of.
Here are the income streams that contribute to AKA’s net worth:
The album got him noticed, winning him many awards, most notably the 2012 South African Music Awards for Best Male Artist of the Year and the 2011 Metro FM Awards for Best Hip Hop Album. AKA then released three more albums, including his triple-platinum album, Levels, in 2014. He signed a deal with Vth Season, but the relationship soured in 2017, alleging mismanagement of artist money resulting in tax woes with SARS. He later signed with Sony Music Entertainment Africa in 2018, a partnership that is still going strong.
Let’s rewind a bit – AKA’s teenage career in Entity, a hip-hop group that included Vice Versa & Greyhound.
AKA began rapping when he was only a teenager. He launched his professional career in 2009 when he released his first hit, Do It, followed by Problems and In My Walk, which were all successful.
As of April 2022, AKA has three studio albums, 42 singles, and 23 music videos. He is the highest-selling Hip Hop artist in South Africa, and some of his albums and singles have gained platinum status.
AKA has worked with some of the biggest names in the Hip-Hop industry, including Snoop Dogg and Kanye West. These collaborations have significantly added to his fame as an international superstar. AKA makes his money from music through album sales, live performances, concerts, and licenses and royalties. All these revenue streams have helped to grow AKA’s net worth.
AKA’s Businesses Ventures
After leaving his former label, the rapper started a management and media company in 2017. The company set out to manage musicians. In 2018, the company shut its doors permanently after operating for one year. Sunday World reported that AKA’s partner, Prince Ngwenya, had allegedly bought himself a Maserati using company funds and that Beam Group had not fully paid employees’ salaries. All of this drama was unfolding without the knowledge of AKA. The company had been in debt, which led to its closure.
Cuba Lounge BLK
In 2020, while others were reeling from the impact of Covid-19 on their finances, AKA was buying a club. The rapper acquired half ownership and shares of the Durban-based nightclub and restaurant, formerly Cuba Lounge.
AKA launched a sleek and fashionable clothing line called Bhovamaina, named after his EP, Bhovamaina, in 2021.
The Braai Show
In partnership with Makhuducom Media, AKA started SABC 1’s hit show, The Braai Show with AKA. The show was a success, and SABC 1 requested a second season. At the time, AKA was dealing with drama surrounding the untimely death of his fiancée. A video had surfaced of the rapper breaking a door and arguing with his late fiancée. Due to that controversy, the rapper had to take a step back from the show. The production company hired a replacement – fellow rapper and arch-nemesis Cassper Nyovest. The rapper took Makhuducom Media to the Arbitration Foundation of Southern Africa to dispute the show’s ownership. After a legal battle, AKA won the battle over the ownership rights and received his fifty-percent cut.
AKA has been the longest-running ambassador for the alcoholic brand. The deal was signed in 2018 and was worth a whopping R8 million. AKA later upgraded his deal with Cruz Vodka and created his signature flavour in a launch attended by many celebrities, including Pearl Thusi, Nomzamo Mbatha and Da LES. His first signature flavour was watermelon. He later added the banana flavour. The deal had AKA earning royalties for each bottle sold.
This deal was the first of its kind between a sports brand and an African artist. The deal was reportedly worth R3.3 million, and the rapper was getting R120K a month as part of their deal. AKA then collaborated with the brand to create his sneaker called SneAKA. The SneAKA sold out within hours of release and was a runaway success. However, the rapper ended his relationship with the sports brand claiming non-payment.
A partnership with up with Drip footwear, owned by Lekau Sehoana, who is friends with Cassper Nyovest, is reportedly in the works. This rumour came after AKA shared a picture with Lekau on his social media, sparking reports that he has joined the Drip Footwear family. Social media users were convinced the rapper was trying to take Cassper Nyovest’s bag since he is also an ambassador for the brand and recently signed a deal worth R100 million. AKA is yet to confirm or deny the speculations
AKA’s House and Cars
AKA has spent his money investing in property and building up his assets.
The rapper bought a house in 2016, following his daughter’s birth with DJ Zinhle. AKA bought his mansion for millions, and the home is in Bryanston. Before buying a house, he had been living in a bachelor pad.
The double-storey mansion has a huge balcony. Inside the balcony door is a lounging area where the rapper likes to entertain guests. The room had packed with his many awards.
The house has modern furniture matching the clear white colour on the walls and the floor, while the furniture is grey and brown.
AKA’s car collection is quite impressive. The rapper is a BMW fan and has collected many cars from the brand.
BMW i8 eDrive Coupe
The car cost a whopping R1.3 million. He bought the car in 2017.
The luxurious SUV is one of AKA’s favourite cars to drive. The car has a fantastic interior with a customizable caramel interior.
In 2015, the rapper welcomed a daughter with DJ Zinhle. They named their daughter Kairo. The pair met in 2012 and kept their relationship a secret until DJ Zinhle was pregnant. They broke up following AKA’s affair with media personality Bonang Matheba. AKA and Bonang dated for two years, and she even appeared in AKA’s music video for his hit song, The World Is Yours. They broke up in 2017 and AKA dated influencer Nicole Nyaba. They dated briefly, and she even lived with him. In 2019, DJ Zinhle and AKA fuelled dating rumours after they vacationed together. Their rekindled romance didn’t last long. They broke up in 2020 but continue to co-parent their daughter, Kairo. The rapper moved on and met his late fiancée, Nellie Thembe. After her untimely demise, AKA took time to mourn his fiancée and even took a break on social media.
In 2021, the were speculations the rapper was dating fellow rapper Nadia Nakai. The two confirmed their relationship with a social media post and matching tattoos.
Rapper and entrepreneur AKA has made some big money moves throughout his career. As of 2022, he has accumulated $12 million (R175 million) in wealth.
AKA has made his money using various avenues. YouTube views, concerts performance, shows, and endorsement deals all make up AKA’s incredible net worth. He’s made some lucrative business decisions, including purchasing a nightclub and creating his own clothing line.
Aka and Cassper Nyovest have been butting heads for a long time. AKA even challenged Cassper Nyovest to a boxing match back in 2021. Nyovest declined the request stating that AKA was going through a lot and would hate to take advantage of someone in emotional distress. As of 2022, Cassper Nyovest was the one to issue a boxing match request. AKA is yet to accept.
Although Cassper Nyovest has accumulated an impressive net worth of $10 million, AKA is richer with a total income of $12 million.
AKA is a wealthy man. However, his business ventures have yet to award him billionaire status. AKA’s net worth is worth a whopping $12 million. He is one of the richest musicians in South Africa, ranking at number 8. He is influential and wealthy and continues making money moves and securing new deals. AKA wealth is continuously growing, and he is about to secure a big bag with the release of his long-awaited album, Mass Country.
AKA reportedly charges R150 000 to perform at an event. He is the second-most-expensive rapper to book. When he was still with Vth Season, his booking fee was R130K, and he used to perform five days a week. AKA’s talents and performance justify his high booking fee. Thanks to his hype-filled performances, he is one of the most fun rappers to watch.