Rayvanny now has a net worth of at least Tsh1 billion/Ksh52 million in cash and liquid investments.
Vanny Boy’s net worth shot up on Monday, October 31, 2022, after he signed a multi-million contract with South African music distribution company, Zikii Media.
The Next Level Music boss got the deal just a few months after he left WCB to become an independent artist.
He announced the news on his social media pages where he posted pictures of himself signing the contract.
“Mama your son is a billionaire Now !! Am so happy to sign my first Big distribution deal in the world with my family @mziiki,” Rayvanny posted on Instagram.
Diamond Platnumz welcomed Rayvanny to the billionaires’ club on signing the deal with the distribution company in South Africa.
“Vanny Baaaaaay!…welcome to the Billionaire Club! 🔥👑,” Diamond wrote.
Earlier this year, Rayvanny parted ways with the Diamond WCB label and ventured into focusing on the Next Level Music label.
Rayvanny was under the management of WCB for a period of about six years before taking the step to withdraw in July.
While announcing his departure, he thanked the entire leadership of the label led by Diamond who has been his companion for a long time.