Asake Biography: Age, Net Worth, Nigerian Musician, Record Label, Early Life | Nigeria

Asake Mr. Money

In Nigerian music, one name has emerged as a trailblazer, captivating audiences with his unique blend of Afrobeats, amapiano, and fuji sounds. Ahmed Ololade Asake, better known by his stage name Asake, has taken the industry by storm, carving out a niche as the pioneer of the AfroFuji/AfroFusion genre.

This comprehensive Asake biography delves into the life and career of this rising Nigerian singer-songwriter, exploring his humble beginnings, musical journey, and the impact he has made on the Nigerian music scene.

Asake performaing at Afro Nation Miami

Asake Biography Summary 

Name: Ahmed Ololade Asake

Stage Name: Asake

Nick Name: Mr. Money

Date of Birth: January 13, 1995

Place of Birth: Lagos State, Nigeria

Age: 28 years old

Zodiac Sign: Capricorn

Nationality: Nigerian

Ethnicity: Yoruba

Religion: Islam

Sexuality: Undisclosed

Height: 5’8″ (1.73 m)

Weight: 70 kg (154 lbs)

Hair Color: Black

Eye Color: Dark Brown

Music Labels: He is signed to YBNL, Empire

Asake’s Early Life & Education 

Asake is a Nigerian afrobeat singer and songwriter. The Nigerian Musician, Nigerian singer and songwriter Asake, was born and raised in Lagos, Nigeria, Asake had his early life  exposed to the vibrant cultural scene of his hometown, which would later shape his artistic identity. The afrobeat musician attended Obafemi Awolowo University, where he pursued a degree in Theatre and Performing Arts, honing his skills as a performer and cultivating his passion for the arts.

During his formative years, Born Ahmed Ololade found solace in cultural dance, a discipline that would later influence his dynamic stage presence. His upbringing in a family deeply rooted in Yoruba culture instilled in him a profound appreciation for traditional sounds and rhythms, which he seamlessly blended with contemporary genres to create his signature AfroFuji/AfroFusion style.

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Career Journey

Asake’s foray into the professional music industry began around 2015, when he worked as a backup singer and dancer for various artists. His talent and dedication soon caught the attention of industry insiders, and he began collaborating with notable names, including Nigerian comedian and singer Broda Shaggi.

In 2020, Asake released his debut hit single “Lady,” a collaboration with Broda Shaggi that became an instant sensation. The track’s infectious rhythm and catchy lyrics propelled Asake into the spotlight, garnering him a dedicated fan base and critical acclaim.

Riding on the success of “Lady,” Asake signed with YBNL Nation, a prominent record label founded by Nigerian rapper Olamide. This partnership paved the way for the release of his debut extended play (EP), “Ololade,” in February 2022, further solidifying his position as a rising star in the Nigerian music industry.

Asake’s meteoric rise continued with the release of his debut studio album, “Mr. Money with the Vibe,” in September 2022. The album, distributed by EMPIRE, a leading independent label, showcased Asake’s versatility and his ability to blend traditional Yoruba sounds with contemporary genres like amapiano and street-pop.

Asake’s Musics

Asake’s discography is a testament to his artistic prowess and his ability to captivate audiences with his unique sound. Notable songs released by the Nigerian singer-songwriter include:

  • “Lady” (featuring Broda Shaggi)
  • “Sungba”
  • “Omo Ope”
  • “Star”
  • “Mon Cheri”
  • “Mr. Money”

Awards and nominations

Asake’s music has not only resonated with fans but has also earned him numerous accolades and recognition from industry peers. In 2023, he was awarded the prestigious Best African Artist of the Year at the Vodafone Ghana Music Awards, cementing his status as a force to be reckoned with in the African music scene.

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2023Soundcity MVP AwardsMale MVPHimselfWon[39]
Vodafone Ghana Music AwardsBest African Artist of the YearHimselfWon[40]
The HeadiesAlbum of the Year“Mr. Money With The Vibe”Won[41]
2024Brit AwardsInternational ArtistHimselfNominated[42]

Asake’s Net Worth and Financial Status

Asake’s meteoric rise to fame has undoubtedly translated into substantial financial success. While his exact net worth is not publicly disclosed, industry insiders estimate that the Nigerian singer-songwriter’s net worth ranges from $2,000,000 to $5,000,000 USD. The primary sources of his income stem from his music career, including album sales, streaming revenues, live performances, and endorsement deals.

Personal Life and Relationships

Despite his burgeoning fame, The afrobeat start Asake has managed to maintain a relatively private personal life. He is known to be passionate about sports and music, often using his free time to explore new interests and meet new people. As for his relationship status, the Nigerian superstar is currently single, preferring to keep his romantic life away from the public eye.

Fast Facts about the music star

  • Asake’s unique sound is often described as a fusion of Afrobeats, amapiano, and fuji, a traditional Yoruba music genre.
  • He gained widespread recognition with his hit single “Lady,” a collaboration with Nigerian comedian and singer Broda Shaggi.
  • Asake signed with YBNL Nation, a prominent Nigerian record label founded by rapper Olamide.
  • His debut EP, “Ololade,” was released in February 2022, followed by his debut studio album, “Mr. Money with the Vibe,” in September 2022.
  • In 2023, Asake won the prestigious Best African Artist of the Year award at the Vodafone Ghana Music Awards.
  • The Nigerian singer-songwriter’s estimated net worth ranges from $2,000,000 to $5,000,000 USD.
  • Asake is signed to YBNL Nation with an exclusive Distribution Deal with EMPIRE.
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Asake’s rise to prominence is a testament to the ever-evolving and dynamic nature of the Nigerian music industry. With his unique blend of traditional Yoruba sounds and contemporary genres, he has carved out a niche for himself as the pioneer of the AfroFuji/AfroFusion movement, captivating audiences both locally and internationally.

As Asake continues to push boundaries and explore new musical frontiers, his impact on the Nigerian music scene is undeniable. His ability to seamlessly blend cultural elements with modern sensibilities has inspired a new generation of artists, solidifying his legacy as a trailblazer and a force to be reckoned with in the African music landscape.

For more insightful biographies on other Nigerian artists and entertainers, be sure to explore our extensive collection of musician profiles right here on

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