Net Worth Ranker
What Is Akon’s Net Worth?
As of 2025, Aliaune Damala Badara Akon Thiam, globally recognized as Akon, the R&B singer, boasts a net worth of $40 million. This figure is primarily derived from his multifaceted career encompassing music sales, entrepreneurial ventures, and strategic investments. Akon’s financial success is attributed to his accomplishments as a solo artist, coupled with his business acumen in the music industry.
Akon’s Music Career and Earnings
Akon’s debut album, “Trouble,” released in 2004, peaked at number 8 on the Billboard Top 200, marking a significant milestone in his career. The album featured hit singles like “Locked Up” and “Lonely,” which contributed substantially to his initial earnings. His second album, “Konvicted,” released in 2006, debuted at number two on the Billboard Top 200, selling 286,000 units in its first week. The album included “Smack That” featuring Eminem, and “I Wanna Love You” featuring Snoop Dogg. The latter became Akon’s first number-one single on the Billboard Hot 100, further boosting his revenue. In 2008, Akon released his third album, “Freedom,” which featured collaborations with Young Jeezy and Lil Wayne on the track “I’m So Paid.” This album added considerably to his growing music revenue.
Akon’s financial success in 2011 reached $13 million. This was preceded by $21 million in 2010, $20 million in 2009, and $12 million in 2008, underscoring his financial achievements during this period. Beyond his solo work, Akon co-wrote Lady Gaga’s hit “Just Dance” in 2008. Akon confirmed in a 2011 interview that he has made ten times more money off Lady Gaga than from any of his own endeavors in the last decade. His involvement in the creation of Lady Gaga, generating a profit that greatly exceeds his earnings as a solo artist over the last decade.
Akon’s Business Ventures and Investments
Akon has diversified his income streams through various entrepreneurial ventures. In 2008, he launched a clothing line called Konvict Clothing, followed by a high-end brand named Aliaune. These ventures reflect Akon’s business interests and generate additional income beyond his music career. Akon’s entrepreneurial ventures include the “Akon Lighting Africa” project, launched in 2014. This initiative provided electricity to 15 countries in Africa, reflecting Akon’s commitment to social impact and sustainable development. Akon also started the Konfidence Foundation, donating to Feeding America and the Anthony Robbins Foundation, further illustrating his dedication to philanthropic causes.
Akon City, a futuristic city project in Senegal, is one of Akon’s ambitious projects. The city is planned to be built on a 2,000-acre land gifted to Akon by the Senegalese government, located near Dakar. Akon City aims to incorporate renewable energy, state-of-the-art technology, and the “Akoin” cryptocurrency, aimed at fueling the local economy. In January 2020, Akon officially struck a deal with the government of Senegal for the 2,000 acres of land. In June 2020, KE International was awarded a $6 billion contract to build the cryptocurrency-centered city. These details underscore the scale and financial backing of Akon’s real estate project.
Akon’s Real Estate and Personal Assets
Akon’s real estate portfolio includes properties in Atlanta. In 2016, Akon listed his fixer-upper mansion in Atlanta for $2.6 million. In 2017, he listed another Atlanta-area home for $7 million. Akon owns a diamond mine in South Africa that is dedicated to avoiding the use of blood diamonds while donating profits to local communities. These real estate assets and ethical mining practices are part of Akon’s overall financial profile.
