King Monada is a South African singer and music producer who has been very successful in his craft and has amassed huge wealth for himself with a net worth that has been estimated to be between $500,000 to $2 million – at the age of 30. He shows off his wealth with the kind of cars he owns and his beautiful mansion. Although his major source of income is music, King Monada’s net worth has also been grown through many investments/businesses he runs.
The singer owns a clothing line and has also invested in real estate. Judging from the fact that he is still a young man and looking at his long-term financial investments, you can tell that King Monada’s net worth will keep growing incrementally as the years go by.
King Monada Built A Good Part Of His Net Worth From Music
King Monada ventured into music in 2005 while in Limpopo at age 14, and his genre of music ‘Bolobedu’, enabled him to communicate with people around his locality. However, the singer knew that if he must take that next step, he had to leave Limpopo, and staying there didn’t give him enough opportunity. Making music in rural Limpopo did not connect him to the larger South African music industry, as most people did Bolobedu house music were in the rural area.
His big break came when he met Molao Rammala, an open mic production producer, and through the latter’s influence, Monada’s first song Ska Bhora Moreki (2016), gained popularity. Since that debut song, he has released many songs that did so well in the national and international markets. Today, King Monada has been able to build a fortune from music. He has worked with artists like Kabza De Small, DJ Maphorisa, and Tshego.
Although the exact amount he has made from music over the years is not known, from the views he has generated from his songs on YouTube, the sales of the songs, and the appearance fees for the numerous shows he attends (his Instagram handle is filled with fliers for shows where he would perform), one can tell that these are all money-generating avenues for any singer. Certainly, a good part of King Monada’s net worth came from his musical endeavors.
Here’s a list of some of King Monada’s popular songs
- Ska bhora moreki
- Wa Ngobatxa
- Ase Moruti
- Good Life
- One Million
- Malwedhe (Kea Idibala)
- O nyaka mo
- Dzena Mo
- Bjala ke dilo tsaka
- Melomo ya Batho
- Ere ko botse ka nna
His song, Dzena Mo, released in January 2021, has gotten over 2 million views on YouTube in less than four months. Dzena Mo is not King Monada’s only song that has hit more than a million views on YouTube. The song Ase Moruti, which was released on 25th December 2020, has gotten up to 1.1 million views within three months; Wa Ngobatxa, released in January, also has up to 1.3 million views after its release. Good Life also has over 1.5 million views on the video streaming platform.
Surely, King Monada has recorded a substantial level of financial success with his songs. With most of his songs having above one million views and a couple of others garnering hundreds of thousands of views, the financial returns on all of these have definitely made King Monada a millionaire in the South African rand.
King Monada had built a solid reputation for himself in the South African music industry. To book him to perform at a show for just 15 minutes, a client would have to part with about R55,000. King Monada also owns his own record label dubbed King Monada Music, another revenue source for the Amapiano artist. He is currently signed under his record label, and all the songs he has promoted under the label have done well.
King Monada Makes Money From His Clothing Line and Endorsement Deals
King Monada understands the importance of diversifying his sources of income, and so in 2020, he joined the list of South African music artists who own other businesses. In June, to be specific, he made a post on Instagram informing his fans that he has officially launched his own clothing line called King Monada Clothing Brand. The brand deals in almost all kinds of outfits. As someone who has endorsed other brands, being the face of his own clothing brand was obviously a good idea.
Endorsement deals are also one of the ways king Monada makes money, and he has signed a couple of such deals. Some of the brands the songwriter and producer is currently tied to include:
- Drip Foot Wears
- Telkom South Africa
- Deleka All-Stars
The exact amount of money he was paid for endorsing any of these brands is unknown. Yet, for an artist of his standing and considering his reach, these deals must have been worth a lot and contributed significantly to King Monada’s net worth.
He Owns a Big Mansion in Limpopo
Being someone with foresight, King Monada decided to build a house for himself and his family. According to him, he knows his career’s lifespan is not guaranteed, and cars are not a good inheritance for his family in a situation where his career begins to get to its twilight.
The construction of his Limpopo mansion was scheduled to be complete in April 2020, but due to the coronavirus outbreak and the subsequent lockdown that ensued, he had to halt construction. This sparked off rumors that the singer had gone broke. However, King Monada debunked the rumors while insisting that he has all it takes to complete his building – which he did successfully.
The edifice is located in his hometown – Mokgoloboto village, Tzaneen in Limpopo. Fans have expressed surprise that he chose to build a house worth millions of rands in the village, but Monada believes his village is where his family feels at home. The house contains six bedrooms and is estimated to be worth between R1.5 million and R3 million.
Monada Also Has A Fleet Of Luxurious Cars
With King Monada’s net worth, there is definitely no car he cannot afford – expensive or not. And he has shown his love for good vehicles by the cost and quality of vehicles he has acquired.
C63 AMG Mercedes – $70,650
- twin-turbocharged V-8 engine
- 469 horsepower and 479 lb-ft of torque
- nine-speed automatic with rear-wheel drive
CLK 350 Mercedes – $15,200
- 3.5L V-6 Engine
- 258 @ 2,400 rpm Torque
- 268 @ 6,000 rpm Horsepower
- 7-spd w/OD Transmission
Volkswagen Golf 1 – $23,000
- 50 PS or 49 bhp or 37 kW @ 6000 rpm horsepower
- 79 Nm or 58 Lb.ft @3000 rpm
- Four inline cylinder engine
BMW M4 – $31,500
King Monada doesn’t like good and expensive cars for himself only, and he also loves seeing members of his family drive good cars. He gifted his mother a Ford Figo with a driver, and in 2019, he also bought a Volkswagen Figo for his wife.
Master KG Is Richer Than King Monada
No doubt, King Monada is the king of Limpopo, and Makhadzi is queen, but Master KG, as his name goes, is the Master of Limpopo. They are all talented and have dropped songs that did so well in the music market. Still, Master KG has several hit songs that went viral internationally and gained massive international fame.
His song Jerusalema hit over 50 Million views on YouTube. With a net worth estimated to be between $1 million and $5 million, Master KG is the richest South African artist from Limpopo.
Monada Grew His Net Worth From Very Humble Beginnings
Khutso Steven Kgatle, popularly known as King Monada, is one of South Africa’s favorite Amapiano artists from Limpopo. Born on 25th November 1992 in Mokgoloboto village, Tzaneen in Limpopo, King Monada lost his father, Elvis Kgatla, to an illness that lasted for a long time. After his father’s death, his mother, Thandi Matala, raised her five children in impoverished conditions singlehandedly. Things were so difficult that she had to move in with her parents. She gave her all to ensure that her children got the best they could afford, despite their poverty.
For his education, Monada had his primary school education at the Sebone Primary School and started high school at Magoza High School before he dropped out in grade 8 due to the financial constraints that plagued the family at the time. After dropping out of school, he decided to follow his passion for music, a decision that has paid off so well now.