Top 10 richest musician in Nigeria & net worth

For a music lover, you will probably want to know the answer to the question: "Who is the richest musician in Nigeria?" Of course, they are all talented, hardworking and each of them has a unique style of performing, but the Nigerian music industry is not for the weak, so only the best of the best is on top of this list. Go on reading to find out the names of top 10 wealthiest musicians in the country.

#Top 10 richest musicians in nigeria 2019 & networth

#1. Davido - net worth N20 billion

David adeleke (stage name: davido) was born on November 21st, 1992 in Atlanta, the United States,  to Mr. Adedeji and Mrs. Vero Adeleke. After the release of his debut record “Omo Baba Olowo” which featured some hit singles, Davido gained prominence in Nigeria and Africa

He is the recipient of 2 BET Awards, a KORA Award, a CHANNEL O MUSIC Award, a GHANA MUSIC Award, a Nigeria Music Video Award, 2 MTV AFRICA MUSIC Award, 2 African Muzik Magazine Awards, 5 HEADIES MUSIC Award, 7 NIGERIA ENTERTAINMENT Award and 2 DYNAMIX YOUTH Awards. is the richest musician in Nigeria .

 David Adeleke songs gather a crazy number of views on YouTube no wonder he has a lot of endorsement deals with such companies as AXE and Infinix Mobility. with all this and a bonus from inheritance this young superstar earned an sum impressive sum of N20 billion to make him the richest musician in the Nigerian music industry. Hopefully, you've found the answer to the question "Who is the richest musician in Nigeria?"

#2. Wizkid - net worth- N20 billion

Ayodeji Ibrahim Balogun, better known as Wizkid(stage name), was one of the many persons 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 released a collaboration album at the age of 11 with the group “Glorious Five”, which was formed by him and his friends in a church. He is also known as StarBoy and Lil Prinz – the first one is the name of his label known as Starboy Entertainment

He gained popularity with the release of “Holla at Your Boy”, the song from his debut album “Superstar” in 2010. Later, he has released three mega-successful albums, as well as one compilation album and even recorded a hit song “One Dance” with famous music performer Drake. This song appeared in Guinness World Records. Therefore, Wizkid became the first Afrobeat musician whose name was included in this book. He also has a lot of endorsement deals with such companies as Glo and Pepsi. Due to all mentioned above, Wizkid earned  his crazy  N20 billion and buy two houses in Nigeria and US along with Porsche Panamera, Mercedez Benz and BMW X6.

#3. Don jazzy - net worth N17 billion

Michael Collins Ajereh also known as Don jazzy is a famous Nigerian producer and singer. Don Jazzy became rich and famous due to his musical talent, persistence, and ability to interact with people. He was born on November 26th, 1982 in Umuahia, Abia State. Don Jazzy is the founder of the label Mo’Hits Records. It was founded due to the collaboration with D’Banj. Don Jazzy and D’Banj stopped working together in 2012, and Don Jazzy announced shortly that he created a new label called Mavin Records. The musician began his collaboration with stars such as Dr SID, Tiwa Savage, Wande Coal, Reekado Banks, Korede Bello, Di’Ja, and many others. Besides, the singer sometimes records songs and compilation albums with them.

Aside from singing and producing, he also has profitable contracts with top companies such as MTN and Loya Milk. Due to all, mentioned above, Don Jazzy net worth is estimated at N17 billion, and he possesses property in the Banana Island and several cars like Porsche Carrera and Bentley.

#4. D'banj - net worth N16 billion

D’Banj is known in Nigeria due to his rhythmic music, memorable songs, and appearances on television. Many fans want to know what, actually, his name means. It is a creative combination of his real name Dapo and the last name Oyebanjo. His real name, by the way, sounds as Oladapo Daniel Oyebanjo, and he was born on June 9th, 1980, in Zaria, Kaduna State.

D’Banj has already got many African, European and American awards for his Afropop and R&B compositions mixed with pop motives as well as BEFFTA African Legend Award. In 2016, he was on the second place in T.I.N. Magazine’s rating of the Nigerian richest musicians, but since then, many new young superstars moved him to the fourth place. Despite this fact, D’Banj still remains popular and adored by many people not only in Nigeria but in other countries as well. He has released four studio albums, featured on two compilation albums. Moreover, the singer has released a great number of hit singles. Therefore, D’Banj gained a net worth estimated at N16 billion. It is clear why he bought several houses with vintage decorated rooms, swimming pools, and expensive leather furniture.

#5. 2face(2baba) - net worth N15 billion

Ujah Idibia, who is better known under his stage names 2Face and 2Baba, takes the fifth position on the list of the most successful and the wealthiest Nigerian. Since 2004, when his debut album “Face 2 Face” saw the world, he has released six albums. His musical compositions brought him a number of awards like BET Award, MTV Europe Music Award, the Headies Award, and a net worth estimated at N15 billion. Therefore, the singer can afford to buy two huge mansions in the modern style and driving the Chevrolet Corvette Coupe and white Ferrari.


#6.Rude boy and mr.p: net worth N8 billion each

It is impossible to leave without attention the former popular duo P-Square created by Peter and Paul Okoye. They were born on November 18th, 1981 in Jos, Plateau State. The brothers created the extremely popular band P-Square which was one of the most famous duos in Nigerian music until they decided to go separate ways.

Paul Okoye now has a solo career (just like his brother) and is known under the stage name Rudeboy. Peter is building a career on his own too and has a lot of lucrative deals with Kia Motors and Olympic Milk.

The brothers earned crazy amounts of money when they performed together. It was counted, that they used to get $150,000 per concert in Africa, and had a luxurious life. Among their possessions were a big house and a private jet. Today they both appeared on the sixth position of the rating, and have only about N8 billion each.

#7. Timaya - net worth N7 billion

This popular celebrity’s real name is Enitimi Alfred Odom, and he was born in Port Harcourt, Rivers State, on August 15th, 1980. He started his singing and songwriting career when he founded the music group Dem Mama Soldiers. In 2005, he began his solo career and released the debut album called “True Story”. It was followed by the next album “Gift and Grace” in 2008. After the release of his third studio album titled ‘De Rebirth”, Timaya rose to international recognition and prominence.

Today, Timaya has a total of six albums and a lot of singles. He is often called the Dancehall King of Nigeria because he is the most popular artist in this genre. Singing, he earned enough money to buy a huge house, decorated in white, with big pictures on the walls, a swimming pool, large windows and soft, colourful carpets. He can really afford it because Timaya net worth is estimated at N7 billion.

#8. Banky W - net worth N6 billion

Olubankole Wellington is better known under the name of Banky W on stage and Banky Wellington in film credits. His fans know that Banky W is not just a wonderful singer and a rapper but also a talented actor. He was born on March 27th, 1981 in America. The Wellingtons decided to move back to their native country — Nigeria when Banky was a child, and he got his basic education in Nigeria. Later, he returned to the United States to get his higher education, but after some time, he returned to Nigeria again and started his music career in 2002.

The musician performed on different events as a beginner. Eventually, the public liked him, and only in a year, he released his first album. It was sixteen years ago, but he is still going strong as one of the most famous and rich singers in the country. Banky W has released five albums and appeared on one compilation album. Aside from that, you might know him from his roles in the movie “The Wedding Party” and its sequel, “The Wedding Party 2”. Recently he got engaged in politics. From singing, political activity and filming, Banky W got the net worth estimated at N6 billion.

#9. Phyno - net worth N5.5 billion

Chibuzor Nelson Azubuike also known as phyno on stage was born in 1986. The singer is indeed a phenomenal personality because he has many talents and desires. Fortunately, he had chosen to become a musician, and it was the right choice that brought him N5.5 billion and made Phyno one of the world household names.

The singer started his career in 2003 and even moved to Lagos to have more perspectives. He also was a producer for such well-known stars as Flavour, Timaya, Mr Raw and several others. He is aged 32  and he goes on working. Therefore, he deserves to be one of the Nigerian richest artists who drive the Bentley GT Coupe.

#10. Olamide - net worth N5 billion

Olamide Adedeji is known in Nigeria as Olamide (his other nicknames are Olamide Baddo and BaddoSneh). He is a rising superstar of Nigerian hip-hop music horizon. The singer was born on March 15th, 1989, in Bariga, Lagos State. By the way, 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 and they made Olamide popular in no time.

He has seven studio albums and is featured on one compilation recording. He has won many awards like NEA, at the most prestigious Nigerian and African award ceremonies. He was also the first Nigerian celebrity to sign an endorsement deal with Ciroc brand. Currently, Olamide net worth is about N5 billion, just a bit less than Phyno's one. That is why the rapper has three houses and several cars including Mercedes-Benz G Class, Range Rover Sports, Range Rover V8 and Toyota Camry.