Don Jazzy
- Net worth $45 million
- Birthday November 26, 1982
- Status -
- Country Nigeria
- Source(-s) of wealth Entrepreneur, Record Producer
How much is Don Jazzy Worth? Don Jazzy Net Worth in 2026
Don Jazzy’s net worth is estimated at $45 million as of November 2026. Almost nine dollars in every ten of it trace back to one company: Mavin, the label he started in 2012 after his first label fell apart, and sold a majority of to Universal Music Group in 2024. The producer, born Michael Collins Ajereh, still runs it as CEO, which makes him one of the few Nigerian musicians whose wealth was priced by a buyer, not a fan.
| Net worth | $45 million (our estimate, range $30 million to $60 million) |
|---|---|
| Estimated annual income | About $400,000 kept a year outside the Mavin sale (our assumption) |
| Born | November 26, 1982, Umuahia, Abia State, Nigeria |
| Age | 43 |
| Country | Nigeria |
| Known for | Founding Mavin Records, producing D’banj’s Mo’ Hits albums, signing Rema and Ayra Starr |
| Main income sources | Sale of a majority stake in Mavin, CEO role, production, Jazzy Burger |
How much is Don Jazzy worth in 2026?
We estimate $45 million, in a range of $30 million to $60 million. The anchor is a reported valuation of Mavin from late 2023. The weak spot is his share: neither Universal nor Mavin has said what percentage he owned or what he was paid, so our ledger assumes it and says so.
How we got to $45 million
| Source | Our estimate | What it rests on |
|---|---|---|
| His share of Mavin at sale value | $43.8 million | Our assumption: he held 35 percent of a company valued at $125 million, the floor of the range reported in October 2023. Outside investors had bought in through Kupanda Holdings in 2019, size undisclosed, so we do not credit him with a majority. |
| Tax and deal costs | Minus $4.4 million | Our assumption: 10 percent of the stake value lost to tax, bankers and lawyers. |
| Everything else, 2012 to 2026 | $5.6 million | Our assumption: $400,000 a year kept for 14 years from his CEO pay, production work and side businesses such as Jazzy Burger, launched in 2022. |
| Total | $45 million | One reported valuation and three assumptions. |
The price tag nobody signed off on
In October 2023, a music trade magazine reported that Mavin was seeking investment or a sale at a valuation above $125 million, possibly $150 million to $200 million. Ghana’s Graphic Online carried the report on October 9, with HYBE and Universal named as the likely bidders.
Universal won. On February 26, 2024, Nairametrics reported that the company had bought a majority stake in Mavin Global. TPG Growth, which had come in through the 2019 Kupanda deal, exited completely. Kupanda Capital kept a minority stake. Terms were not disclosed, and no one has published a cap table since.
Our calculation: the Mavin rows net out to $39.4 million ($43.8 million less $4.4 million), which is 88 percent of our $45 million total. Had the label sold at $150 million, the bottom of the higher range, instead of $125 million, his 35 percent would be worth $52.5 million before tax, and the headline would sit near $53 million.
Twelve years from a breakup to a buyout
He co-founded Mo’ Hits Records with D’banj in 2004 and produced the hits that made both of them famous. In 2011 he worked as a producer for Kanye West’s GOOD Music camp. By March 2012 Mo’ Hits was over, and later that year he founded Mavin Records, according to his biography. The roster he built is what Universal paid for: Rema, signed in 2019, whose Calm Down with Selena Gomez reached No. 3 on the Billboard Hot 100, Ayra Starr, signed in 2020, plus Johnny Drille, Ladipoe, Crayon and Magixx.
He was generous on the way out of the first label, too. In November 2025, D’banj told Premium Times that Don Jazzy handed him 100 percent of his Mo’ Hits catalogue when they split.
2026: still the boss
In March 2026, Don Jazzy and his COO Tega Oghenejobo were both named on a major trade magazine’s 2026 Global Power Players list, the Nollywood Reporter noted. The same month brought friction: Crayon attacked the label’s leadership on X and put out a single under a new imprint with no Mavin branding, Leadership reported. A departing act matters to the label, but it does not change the money we credit to him, which was mostly banked in 2024.
Why other estimates disagree
Lower public estimates, often around $30 million, were written before the Universal deal closed. Higher ones tend to treat the whole $150 million to $200 million valuation as his, which ignores the outside investors and the fact that he sold a majority, not everything.
What would move the figure
If he kept a minority slice of Mavin, a later buyout of that slice would add real money. A disclosed sale price would replace our biggest assumption overnight, in either direction.
Don Jazzy net worth FAQ
What is Don Jazzy’s net worth?
We estimate $45 million as of November 2026, in a range of $30 million to $60 million, mostly from the 2024 sale of a majority stake in Mavin.
How much did Don Jazzy make from selling Mavin to Universal?
The price was not disclosed. A valuation above $125 million was reported in October 2023. Our calculation, assuming he owned 35 percent, puts his share near $43.8 million before tax.
Does Don Jazzy still own Mavin Records?
Universal Music Group owns the majority since February 2024. Kupanda Capital kept a minority stake, and Don Jazzy stayed on as CEO.
What is Don Jazzy’s real name?
Michael Collins Ajereh. He was born on November 26, 1982, in Umuahia, Abia State.
Which stars did Don Jazzy sign?
Rema in 2019 and Ayra Starr in 2020, plus Johnny Drille, Ladipoe, Crayon and Magixx. Earlier, at Mo’ Hits, he produced D’banj’s albums.
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How we estimate net worth
Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.
Last updated: November 2026.
Photo: Kaizenify / Wikimedia Commons, CC BY-SA 4.0, cropped