Asake Biography (Updated 2025)
Full Name: Ahmed Ololade
Stage Name: Asake (also known as Mr. Money)
Date of Birth: January 13, 1995
Age (as of December 15, 2025): 30 years old
Place of Birth: Lagos, Nigeria
Asake is a Nigerian singer, songwriter, and rapper renowned for his unique Afrofusion sound blending Fuji, Amapiano, street pop, and Afrobeats. His energetic performances and rapid rise have made him one of the leading voices in global Afrobeats.
Early Life and Music Beginnings
Born and raised in Lagos to Yoruba Muslim parents, Asake (whose stage name honors his mother's first name) showed early interest in the arts. He studied Theatre and Performing Arts at Obafemi Awolowo University, where he honed skills in dance, drumming, and performance. Initially a dancer and backup artist, he began releasing freestyles and singles around 2018–2020, gaining traction with tracks like "Lady" and "Mr. Money."
Music Journey and Key Milestones
2020–2021: Breakthrough with viral hits "Lady" and "Mr. Money" (remix feat. Zlatan & Peruzzi).
2022: Signed to YBNL Nation by Olamide; released debut EP Ololade Asake (feat. "Omo Ope" and "Sungba"). Debut album Mr. Money with the Vibe shattered records, becoming the biggest opening day for an African album on Apple Music and debuting on Billboard 200.
2023: Sophomore album Work of Art, featuring mega-hit "Lonely at the Top."
2024: Third album Lungu Boy (feat. Wizkid, Travis Scott, Stormzy, Central Cee, Ludmilla) – longest-running No. 1 in Nigeria history; sold-out global tours, including O2 Arena.
2025: Parted ways with YBNL in February; launched independent label Giran Republic. Released single "Why Love"; announced fourth album Money (upcoming).
2025 Highlights: Dominated streaming charts (over 2.5 billion Spotify streams); world tours; Grammy nominations; recognized as one of Nigeria's top artists. Achievements include multiple Headies wins, MOBO Award for Best African Act, and global sold-out shows.
Net Worth (2025)
Estimates vary, but credible sources place Asake's net worth at $6–10 million USD. Income from billions of streams, high-fee performances, endorsements, real estate, luxury assets (e.g., Lagos mansion, exotic cars like Lamborghini Urus and Tesla Cybertruck), and his new independent ventures contribute significantly.
Asake's innovative sound and relentless hustle continue to propel Afrobeats worldwide, solidifying his status as a generational talent in late 2025.
