Diamond Platnumz net worth: How rich is leading musician Diamond? To begin with, there is no doubt that this singer who hails from Tanzania is one of the richest musicians in the continent.
In the East African region, Diamond is probably the richest musician. Two years ago, Diamond revealed to E! TV that his net worth is a whopping $4 million (KSh. 405 million). This placed him as one of the wealthiest artists in Africa.
This colossal amount did not come as a surprise to many, considering that Diamond Platnumz is the most paid, decorated and sought-after artiste in Tanzania. Take for instance his performances in Tanzania, which at the time reportedly cost close to Sh 400,000 per show. Outside he charged not less than Sh 2.5 million per show, with the best being when he demanded for the huge sum of Sh. 10 million for a performance in Kigali, Rwanda.
Diamond Platnumz Net Worth: This singer is one of the richest in the African continent.
Diamond also owned Wasafi Records which was said to demand for Sh. 30,000 per audio recording and Sh. 600, 000 for a video recording at the time.
In November last year, the singer revealed the amount of money he charges for a show. He revealed that he will not take anything below Sh. 7 million for a show outside Tanzania.
The flamboyant singer revealed his rate card on social media recently while protesting music regulatory body BASATA’s ban on Rayvanny’s song “Mwanza”. According his post, Diamond charges almost Sh. 2 million for local shows and at least Sh. 7 million across the borders. “Bei zangu huwaga si chini dola elf Sabini za kimarekani ( $70,000) kwa show
sawa na milioni (160,300,000 za kitanzania) mbazo kwa show moja tu ningeweza kuchangia pato la kodi si chini ya milioni (48,090,000 ya kitanzania)…hivyo naomba mlitazame na hapo Balaza letu Pendwa,” said Diamond.
It is now estimated that his net worth has surpassed the $5 million (Ksh. 500 million) mark.
Diamond Platnumz biography
Diamond Platnumz, whose real names are Nasibu Abdul Juma was born on 2 October 1989. He has had several hit songs including “Number One” which he featured Nigerian artist Davido. Diamond won numerous awards at Channel O and the HiPipo Music Awards. He performed at the Big Brother Africa 7 eviction show in May 2012. Diamond is considered influential among his fans, and is said to be the most loved and decorated East and Central African artist at the moment. He is believed to be the highest selling Tanzanian artist of ringtones by mobile phone companies in 2013, as well as being among the artists earning the highest income in the African Great Lakes region’s music industry.
Diamond is a dedicated Muslim. In 2010, he endorsed Tanzania’s dominant ruling party, the Chama Cha Mapinduzi (CCM) and its presidential candidate, Jakaya Kikwete. He also recorded a remix of his single Mbagala, titled CCM Tusonge Mbele (CCM Let’s Move Forward). Diamond is jointly managed by Babu Tale and Said Fella from the Tanzanian music industry.
With his former spouse, South African based Ugandan businesswoman Zari Hassan, he has two children, Latifah Dangote and Nillan Dangote. He has a third child, Abdul Nasibu, with the model Hamisa Mobeto.