Rema and Joeboy, Who is the Richest – 042jam
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Rema and Joeboy, Who is the Richest

Rema and Joeboy, who is the richest?

A debate between these two multi-talented artists is alarming, some people say Joeboy is the richest while others say otherwise.

Rema and Joeboy are no doubt one of the best rated and fastest rising musicians in the music industry and if you ask me who my favorite artists are right now, I would pick these two for the hits they have created…‘Read full article’

Despite the challenges we are facing in our country, Nigeria, it’s been really excellent to see upcoming musicians break out into the Nigerian mainstream song sectors…‘Read full article’

Nonetheless, music stream earning and other factors are actually what most musicians used to reach their net worths. Now, let’s take a look at who is the richest between Rema and Joeboy?

Before we declare their net worths, we would like you to bear in mind that this net worth is more of a prediction, it might not be their actual net worth but it is close to their net worth.

Rema has a net worth estimated to be the sum of $1,000,000.00 (N433,720,000.00) while Joeboy is currently estimated to be worth the sum of $800,000 (346,976,000.00). Additionally, when combined gives the sum of $1,800,000.00 (N782,047,625.40).

You might be wondering where they are making all this money from, whether their net worth is being earned only from just singing. To provide the accurate answer, we will analyse both musicians’ net worth and find out who is the richest.


Divine Ikubor, professionally known as Rema (which means “redeeming everything music around”) was born on 1st May, 2000 into a Christian family in Benin city, Edo State and he grew up singing and rapping while in secondary school.

Rema was the first artist signed under the Supreme Mavin Dynasty, Jonzing after their multi-million dollar investment with the Kubanda holdings. He rose to fame with the release the song “Iron Man” which appeared on Barack Obama’s 2019 summer playlist.

Rema’s current estimated net worth comes entirely from his music streams, appearances, performances, partnerships and sponsorship deals. Anytime he made a new hit, he makes a lot of money from it. The income he makes from streams is a passive income, as long as people keep streaming his music he will keep making a lot of cash from it.

Anytime Rema uploaded a music video on his YouTube channel which normally has about the total number of 60 million video views and over 250,000 subscribers, he get paid for that. Also, list of brands that have endorsement deal with Rema include;

  • Hp worth $50,000
  • Tom Tom worth $20,000
  • Monster worth $100,000
  • Pepsi worth $100,000

Rema was the first artist in Nigeria to bag an endorsement deal worth millions of naira with Hp in 2019. He was also named brand ambassador for the well known soda Pepsi with his labelmate, Ayra Starr in 4th September, 2021.

In June 2020, Rema picked up his 2019 GAC SUV car worth over N34 million which was awarded to him for winning the Headies Awards Next Rated in 2019. He also received the Honorary Membership Award from the BMW Club of Nigeria for his commitment and promotion of the brand in his hit single, “Beamer” (Bad Boys).

With all that have been listed above, there’s no doubt that Rema is doing well and very rich with the net worth of $1,000,000.00. Let’s now take a look at Joeboy’s net worth…


Joseph Akinfenwa Donus, professionally known as Joeboy was born in 1997 in Lagos State. He won the ‘Best Artiste In African Pop’ at the 2019 All Africa Music Awards, and Best Pop at the 2020 Soundcity MVP Awards Festival.

Joeboy was one of the first of 100 recipients to earn a share of a $300,000 grant from Mr. Eazi, which he used to shoot a music video for his single “Faàji”. He also received nomination for multiple City People Entertainment Awards and the Headies.


Mr. Eazi found Joeboy in 2017 and signed him to the ‘Empawa Africa Label’. 

Joeboy’s sources of income includes; music, endorsement deals, shows, and YouTube ads. Each stream of his songs earn him a lot of money. According to sources close to the singer, he makes between $1,000 to $2,000 on every show.

Some shows Joeboy has performed and made passive income from include;

  • Mayor Of Lagos Festival
  • Pop Campus
  • BBNaija House Party and some other festivals.


Afte-sales of his albums (Bars in 2019; Love & Light in 2019; The Herrera Chronicles in 2019) is also part of his source of income. It’s unknown whether Joeboy has a personal car or if he uses a car provided by his record label. He has been spotted with cars in his music videos, many of them are expensive.

No houses have been associated with the multi-talented singer. Some speculates he still lives with his family as a young boy while others speculate that he lives with Mr. Eazi as his most promising act.

With all the calculations and analysis of both musicians’ net worth, Rema is richer than Joeboy. So when next you are curious to know between Rema and Joeboy who is richer, be sure to know that Rema comes out the richest in a comparison of wealth. 

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