He may be the product of an affluent family but Falz or Folarin Falana as his given name says earned his $5 million net worth through the sweat of his brows. The son of renowned attorneys and human rights activists Femi Falana and Fumi Falana is also a qualified lawyer but chose to earn his living through his artistic talent. Falz makes the big bucks from music, acting, business, as well as endorsements.
Just like every other celebrity of his ilk, Falz is also into the luxurious lifestyle. He enjoys life to the fullest, splurging around town in some luxurious automobiles such as Rolls Royce Phantom, Lexus LX570, Vintage Mercedes-Benz, and the likes.
Different Ways Falz Made His $5 Million Fortune
The most recent estimation of The Marry Me hitmaker’s fortune was pegged at a handsome $5 million and Falz made this possible by diversifying his sources of revenue. The artist’s music no doubt takes the credit for the lion’s share of his wallet. However, he has earned a lot from endorsements. False also has a good business head, launching his own imprint among other things. Besides, we must not overlook the musician’s acting skills which have been severally exhibited on Jenifa’s Diary and other productions.
Though his parents Femi and Fumi Falana are quite wealthy and renowned in the law profession, they have no influence whatsoever on his fortune. Each and every penny from his net worth was earned through hard work, dedication, and perseverance. His sources of income are;
His music career opened inroads into different ways of amassing wealth which includes, shows, performances, concerts, tours, and of course the musician’s frequent record sales. Falz has so far released a few albums and several singles which have all been successful.
His music career began as a hobby during his days in secondary school; he later moved on to collaborate with a friend to form the group called The School Boys but his current fame was achieved as a solo artist.
A good number of his recordings were released in 2009 as a Mixtape entitled Shakara: The Mixtape. Barely two years later, in 2011, he dropped the single Waz Up Guy, High Class, and then Currency which all contributed to his emergence to the limelight. He then started dropping his albums and subsequently went into acting. Currently, Falz is listed among the most popular musicians in the Nigerian showbiz scene and has many awards and accolades to show for his hard work and dedication. Here are some of the best of Falz:
- Marry Me (Chart-topping single)
- Ello Ba
- Bahd Baddo Baddest
- Soldier (in collaboration with Simi)
- Something Light
- Wehdone Sir
- Moral Instruction
- Bop Daddy
His Albums include:
- Wazzup Guy
- Stories that Touch
- Chemistry (EP with Simi)
- 27 (featuring Davido, Burna Boy, Olamide, Wande Coal, Sir Dauda, Maleek Berry, Medikal, Ycee, Terry Apala)
In 2015, Falz opened another avenue of earning through acting the part of Segun on the set of Jenifa’s Diary. Since then, the multi-talented musician has appeared in several successful movies and soap operas. Notable among them are New Money, Tinsel, Merry Men: The Real Yoruba Demons, Merry Men 2, Your Excellency, Chief Daddy, Quam’s Money, and many more. We don’t really know how much he, makes per appearance, but he sure earns well from his acting roles.
For the artist. Emerging into prominence came with a lot of goodies among which are juicy endorsement deals. He has endorsements with the biggest telecommunication company in Nigeria, MTN. Falz is also working with the alcohol company Hennessy and the sports betting group Merry Bet. Also, he recently signed another endorsement deal with a company that sales and buys cars online, Cheki.
Following his rise to fame, Falz didn’t let the grass grow under his feet in launching his own record label called Bad Guys Recording company. Subsequently, he started releasing his music through the imprint rather than give up a percentage of his income to his former record label.
Obviously, Falz’s business acumen doesn’t end with music, the Bahd Baddo Baddest crooner proved this in August 2020 when he launched House 2, a movie production company. At the same time, he unveiled a brand new comedy series named Therapy; the series will be exclusively aired on YouTube.
Falz is A Multi Award-Winning Artist
The Nigerian musician cum actor has won several prestigious awards to show for his years of hard work and dedication. His awards are not just restricted to music, he also earned some from his acting gigs. they include;
- Best Street Hop Artiste of the Year (2015 nominee) for Ello Bae
- Artiste of the Year (nominee)
- Album of the Year (2016 nominee) for Stories That Touch
- Best Rap Album (2016 nominee) for Stories That Touch
- Best Collabo (won in 2016) for Soldiers
- Best Street Hop Artiste of the Year (2016 nominee) for Ajebutter22 feat Falz for Bad Gang
- Best Rap Single (2018 nominee) for Something Light
- Best Rap Album (2018 nominee) for 27
- Best Performer (2018 nominee)
- Best Rap Single (won in 2019) for Talk
- Best Rap Album (won in 2019) for Moral Instruction
- Album of the Year (won in 2019)
- Best Rap Single (won in 2020) for Bop Daddy feat Ms. Banks
Nigeria Entertainment Awards
- Best Rap Act of the Year (nominated 2015)
- Best New Act to Watch (nominated 2015)
- Best Collaboration of the Year (nominated 2015) for Marry Me
- Best Music Video (nominated 2016) for Karashika
- Album of the Year (nominated 2016) for Stories that Touch
- Best Album of the Year (nominated 2017) for Chemistry
- Best Rap Act of the Year (nominated 2017)
Africa Magic Viewers Choice Awards
Best Actor in a Comedy Movie/Series Won in 2016) for Jenifa’s Diary
Best Supporting Actor (nominated 2018) for New Money
WatsUp TV Africa Music Video Awards
Best African Newcomer Video (nominated 2016) for Bahd Baddo Baddest
Best African Hip Hop Video (nominated 2016) for Bahd Baddo Baddest
Falz’s Other Awards
- Scream Awards (nominated 2014) in the category of Best New Act of the Year
- Bet Awards (won in 2016) in the category of Viewer’s Choice Best New International Act
- City People Entertainment Awards (won in 2016) for Stories that Touch in the category of Album of the Year
- 9th Nigeria Music Video Awards (won in 2016) in the category of Best Afro Hip Hop Video for Karashika
- City People Music Award (nominated in 2017) in the category of Alternative Artist of the Year
Falz is Into the Luxurious Life and is Associated with Three Big Automobile Brands
Falz The Bahd Guy has never attempted to hide his interest in luxury and flashy living. His social media fans will confirm that the music chart-topper is rather too conspicuous in displaying his wealth.
Far from being the Nigerian artists with the most classy automobiles, Falz is still known with some really plush brands. The record label boss’ garage is populated with car brands like Rolls Royce, Lexus, Mercedes, and the likes.
Rolls Royce Phantom
Perhaps, the most expensive car in the hitmaker’s garage is a Rolls Royce Phantom which is worth N145 million. The powerful automobile graced his fleet in 2016 after he inked a lucrative deal with MTN Pulse. Though we never got to hear the exact worth of that particular deal, speculations said it is well above N100 million. This RR purchase placed him among Nigerian celebs who own Rolls Royce Phantom. Below are some special features of Falz’s Rolls Royce Phantom.
• MSRP is from $455,000
• Horsepower up to 563 hp
• MPG is 12 city/20 highway
• Dimensions is 227″ L x 79″ W x 65″ H
• Engine is up to 6.8 L V12
• Curb weight equals 5,644 lbs
After the Rolls Royce Phantom comes the singer’s Lexus LX570 sport utility vehicle which has been described as fantastically magnificent. The physically imposing vehicle which is worth around N34 million is distinguished for its off-road proficiency, as well as luxury accommodations, thanks to its rugged and hardy Toyota Land Cruise underpinnings. In fact, this model of Lexus takes an already deluxe platform, elevating it to world-class status. Many have described it as the pinnacle of both prestige and power. Its special features include;
- MSRP is from $86,480
- Towing capacity pegged at 7,000 lbs
- MPG is 12 city/16 highway
- Dimensions is 200″ L x 78″ W x 75″ H
- Horsepower up to 383 hp
Though it is rarely seen in public, a Vintage Mercedes-Benz is part of the music hitmaker’s fleet.
Car Gift From Cheki
His endorsement with Cheki attracted a car gift. According to reports, the music chart-topper was presented with a brand new Kia Rio.
Falz’s House is Still a Mystery
Presently, there is no information about Falz real estate acquisition, but that does not rule out the fact that he may likely have one or two tucked away in some of the big cities in Nigeria.