If you are a music fan, you’d probably want to know the answer to the question: “Who is the richest musician in Nigeria?” Yes, they are all well talented, hardworking and each of them has gotten a unique style of performing, but only the best of the best is on top of this list. Continue reading to find out the names of the top 10 wealthiest musicians in the country.
These stars are household names in the Nigerian music industry, and all of them definitely deserve the fame they already possess. Besides, these famous and richest Nigerian musicians not only make money for themselves but also hypes the country’s reputation in Africa and worldwide.
1. Wizkid Networth – $40 Million
Ayodeji Ibrahim Balogun (born 16 July 1990), popularly known by stage name as Wizkid (sometimes stylized as WizKid), is a Nigerian singer and songwriter.
At an early age, he used to be a simple boy who adored singing and had enough talent and passion for music recording. He was born in Surulere in Lagos State, on July 16th, 1990.
He began recording music at the age of 11 and managed to release a collaborative album with the Glorious Five, a group he and a couple of his church friends formed. Wizkid signed a record deal with Empire Mates Entertainment (E.M.E) in 2009. To read Complete Biography and Early Life Click Here.
The multi-talented ranked first place in our list because his has gotten lots of mouth washing endorsements and awards.
2. Davido Networth – N10 Billion
David Adedeji Adeleke (born November 21, 1992), who is better known as Davido, is an American-born Nigerian singer, songwriter, and record producer.
Davido was born in Atlanta, US, and raised in Lagos; he made his music debut as a member of the music group KB International.
He studied business administration at Oakwood University before dropping out to make beats and record vocal references. To read Complete Biography and Early Life Click Here.
Davido is the second-richest musician in Nigeria. The singer songs gather a crazy number of views on YouTube, and he has a lot of endorsement deals with companies such as AXE and Infinix Mobility.
3. Don Jazzy Networth – $35 million
To read Complete Biography and Early Life Of Michael Collins Ajereh popurlarly known as Don Jazzy Click Here.
The Nigerian producer and singer Don Jazzy became rich and famous due to his musical talent, persistence, and ability to interact with people.
4. Burna Boy Networth – $17 million
Damini Ebunoluwa Ogulu (born 2 July 1991), known professionally as Burna Boy, is a Nigerian singer and songwriter.
He rose to prominence in 2012 after releasing “Like to Party”, the lead single from his debut studio album L.I.F.E (2013).
In 2017, Burna Boy signed with Bad Habit/Atlantic Records in the United States and Warner Music Group internationally. His third studio album Outside marked his major-label debut.
To read Burna Boy’s Complete Biography and Early Life Click Here.
5. 2Baba (2Face) Networth – $22 million
The talented artist was born on September 18th, 1975, in Jos. The singer’s career started from zero: he performed at schools, and then at universities.
From research and knowing the singer, had to interrupt his own education to concentrate on his career. To read 2Face’s Complete Biography and Early Life Click Here.
6. Olamide Networth – $12 million
Olamide Adedeji is known in Nigeria as Olamide (his other nicknames are BaddoSneh and Olamide Baddo ). He is a fast rising superstar of the Nigerian hip-hop/rapping music genre. The singer was born on March 15th, 1989, in Bariga, Lagos State.
He is known for recording mostly in his native language, Yoruba. His career blossomed in 2010 when he released his single Eni Duro and in 2011 his album Rapsodi.
The successful album was followed by the second album YBNL, which featured a few hit singles that made the singer popular overtime. To read 2Face’s Complete Biography and Early Life Click Here.
7. Phyno Networth – $11 million
Chibuzor Nelson Azubuike (born 9 October 1986), better known as Phyno, is a Nigerian rapper, singer, songwriter, and record producer.
He started his music career as a producer in 2003 and is renowned for rapping in the Igbo language. His debut studio album No Guts No Glory was released in 2014.
To read Phyno’s Complete Biography and Early Life Click Here.
8. Timaya Networth – N7 Billion
Inetimi Timaya Odon (born 15 August 1977), popularly know by stage name Timaya, is a Nigerian singer and songwriter. He is the founder of DM Records Limited.
His solo career began in 2005 with the release of “Dem Mama”, which also appeared on his debut album, True Story released the following year. His second album Gift and Grace was released in 2008.
To read Timaya’s Complete Biography and Early Life Click Here.
We know that the singer would have investments even though if not listed on his official net worth, In Naira his net worth is estimated to be N7 billion.
9. Flavour Networth – N3 Billion
Chinedu Okoli (born 23 November 1983), better known by his stage name Flavour N’abania or simply Flavour, is a Nigerian singer, songwriter, and multi-instrumentalist. He is also one of the Nigerian musicians who began their musical career in a local church.
Flavour is popularly known across Africa and the world for his hit song “Nwa Baby (Ashawo Remix)”. He is currently signed to 2nite Entertainment. In 2005, he released his self-titled debut album N’abania. In 2010, Flavour released his second studio album Uplifted.
10 D’Banj Networth – $3 Million
Oladapo Daniel Oyebanjo (born 9 June 1980), better known by his stage name D’banj, is a Nigerian musician, singer, songwriter, rapper, entrepreneur, and television personality.
He has won several music awards, including the awards for Best African Act at the MTV Europe Music Awards 2007, Artist of the Year at the MTV Africa Music Awards 2009, Best International Act: Africa at the 2011 BET Awards, and Best-selling African Artist at the 2014 World Music Awards, Evolution award at the 2015 MTV Africa Music awards.
The Singer is valued at $3 million recently which makes him visible among the highest musicians in Nigeria 2020 according to live source.
10 Richest Musicians in Nigeria (Summary)
Here is a quick recap of the 10 richest musicians in Nigeria: