Fela Kuti Net Worth at Death – How Did He Get Rich?

Fela Kuti Net Worth 

Fela Kuti had an estimated net worth of $5 million at the time of his death. Musician and activist Fela Kuti pioneered Afrobeat music and was repeatedly arrested and beaten for writing lyrics that questioned the Nigerian government. He earned most of his income from album sales and concerts.

Beginning in the 1960s, Fela Kuti pioneered his own distinct musical style known as “Afrobeat.” Rebellion against oppressive regimes through music came at a high price for him. Kuti was arrested 200 times and beaten severely, but he continued to write political lyrics and released 50 albums before dying on August 2, 1997, in Lagos, Nigeria.

To calculate the net worth of Fela Kuti, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: Fela Kuti
Net Worth: $5 Million
Monthly Salary: $100 Thousand
Annual Income: $2 Million
Source of Wealth: Musician, Singer-songwriter, Composer, Singer

Early Years

Olufela Olusegun Oludotun Ransome-Kuti, a musician and political activist, was born on October 15, 1938, in Abeokuta, Nigeria. Kuti was the son of Reverend Ransome-Kuti, a Protestant minister. Funmilayo, his mother, was a political activist.

Kuti grew up playing the piano and drums and singing in his school choir. Kuti told his parents in the 1950s that he was going to London, England, to study medicine, but instead ended up at the Trinity College of Music. Kuti studied classical music at Trinity and became interested in American jazz.

Songs: Activism Through Music

Kuti formed the Koola Lobitos band in 1963. He would later rename the band Afrika 70, and then Egypt 80. Kuti pioneered and popularized his own distinct style of music known as “Afrobeat” beginning in the 1960s.

Afrobeat is a fusion of funk, jazz, salsa, calypso, and traditional Yoruba music from Nigeria. In addition to their distinct mixed-genre style, Kuti’s songs were distinguished from more commercially popular songs by their length, which ranged from 15 minutes to an hour. Kuti performed in a mix of Pidgin English and Yoruba.

Kuti’s rebellious song lyrics established him as a political dissident in the 1970s and 1980s. As a result, Afrobeat has become synonymous with making political, social, and cultural statements against greed and corruption. “Zombie,” one of Kuti’s songs, questions Nigerian soldiers’ blind obedience to orders. Another, “V.I.P. (Vagabonds in Power),” aims to mobilize the disenfranchised masses to revolt against the government.

Kuti released Beasts of No Nation in 1989, three years after touring the United States. The album cover features cartoon vampires with bloody fangs, including Margaret Thatcher and Ronald Reagan.

Kuti paid a high price for rebelling against oppressive regimes through his music, as he was arrested 200 times by the Nigerian government and subjected to numerous beatings that left him with lifelong scars. Rather than abandoning his cause, Kuti used his experiences to inspire him to write more lyrics. Over the course of his musical career, he released approximately 50 albums, including songs for Les Negresses under the pseudonym Sodi in 1992.

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Personal Life

Kuti practiced polygamy. The first of Kuti’s wives was a woman named Remi. Kuti married 27 more women in a single wedding ceremony in 1978. He would eventually divorce all of them. Kuti and Remi had three children: a son, Femi, and two daughters, Yeni and Sola. Sola died of cancer shortly after her father died in 1997. The Positive Force, a band they founded in the 1980s, included all three of their children.

Death

Kuti died of AIDS-related complications on August 2, 1997, in Lagos, Nigeria, at the age of 58. Approximately 1 million people attended his funeral procession, which began at Tafawa Balewa Square and ended in the front yard of Kuti’s home, Kalakuta, in Ikeja, Nigeria.

Further Reading

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How To Become Rich Like Fela Kuti?

Fela Kuti did not become rich by luck. To become as rich as Fela Kuti, you have to work smart.

Successful people become rich because they take advantage of the opportunities that come their way. They are in the right place at the right time and take the right action.

Thanks to the Internet, the world has changed massively in recent years. Nowadays it has become much easier to make money online.

Instead of looking for a 9-5 job and staying in your comfort zone, it’s better if you become your own boss as soon as possible.

You can learn how to build a digital asset that generates cash flow for you while you sleep to grow your wealth quickly.

If you seize this golden opportunity in time, you can become as successful as Fela Kuti one day.

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