Top 10 Richest Nigerian Musicians and their estimated Net-worth in Naira.
This article will give you a guide on some of the major ways this musicians earn their income and outline the
Their has being an increase in the income of some of our favorite Nigerian musicians.
This list is an estimation that comes from compilation of endorsements deal.
Performance fee and other related ways of revenue generation by this musicians.
10. Banky W Net Worth
On the 10th spot we have Olubankole Wellington born 1981 (age 38) popularly known as Banky W.
Banky is a known singer, actor and a politician.
Mr Olubankole Wellington is running in multimillion contracts for giants brands like Samsung, Uber among others.
Banky has an estimated net worth of N3 Billion.
SEE ALSO – Top 20 Richest Ghanaian musician
9. Flavour Net Worth
Chinedu Okoli Popularly known as Flavour N’abania or simply Flavour is known for his hit song Ada Ada.
The highlife singer is one of the biggest singers from the eastern part of Nigeria.
Flavour is one of the most busiest performers in the country with high service charge.
With multiple endorsements and huge corporations within and outside the country i.e Bullet Energy Drink, Life Lager beer and many more.
Flavour has an estimated net worth of N3.7 Billion.
8. Timaya Net Worth
With an estimated net worth of around N4 billion.
Enitimi Alfred Odom popularly known as Timaya takes the number 8th spot of our top 10 richest Nigerian Musicians.
Timaya has being in the industry since 2005 and it’s no surprise that the plantain boy is on the list.
Timaya is reportedly taking home around N8 million as performance fee.
He is the founder of Dem Mama records.
And also has a multimillion contract running with Nigeria’s leading telecommunications company ‘Glo’ and Cognac brand Hennessy.
In 2011 Timaya was appointed a peace ambassador by Interreligious and International Federation for World Peace.
7. Burna Boy net worth
Burna boy is an entertainer who enjoyed much success in the Nigerian music industry.
His real name is Damini Ebunoluwa Ogulu and he is a Nigerian singer and songwriter.
He became popular 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 music label Bad Habit/Atlantic Records in the United States and Warner Music Group internationally.
It was his third studio album Outside (2018) that marked his major-label debut.
Burna boy is also an award winning Nigerian artiste.
In 2020, he won Best International Act at the 2020 BET Awards.
We know that Burna Boy is among the richest entertainers in the country.
He songs are popular with record sales not only within the country but internationally.
Presently, Burna boy has many endorsement deals, one with STAR beer, which worth millions of Naira.
He has other investments, cars and even landed properties. Burna boy’s net worth as estimated by Forbes is N4.5 billion.
6. Olamide Net Worth
When it comes to popularity, Olamide ranks among the most popular celebrities in the country.
He has featured in so many songs with other hip-hop and Afro/highlife artistes.
Apart from the success recorded in his music sales.
Olamide is a business man who has made his wealth through investments and endorsement deals.
He is also the founder and CEO of YBNL, one of the best record labels in the country.
SEE ALSO – Top 10 best Record labels in Nigeria
Olamide has several multi-million naira endorsements contracts with top brands like Guinness, Monster drink, Glo and Etisalat.
Recently, Sterling bank made him a brand ambassador for an undisclosed fee.
Olamide Adedeji also known as Badoo is one of Nigerian’s richest musician with a financial net worth estimated at N5.5 billion.
Richest Nigerian Musicians
5. 2face Net Worth
Innocent Ujah Idibia Popularly known as 2face or 2baba is one of the most decorated Nigerian Musicians.
Financially he’s being able to secure the bag over the years.
2face occupy the 5th spot of our top 10 richest Nigerian Musicians.
He has an estimated net-worth of around N6 billion.
2face has successfully stayed relevant in the industry for the last 20 years.
He runs an endorsement deal with top brands like Glo and Campari.
2face is a real estate investor, a liquified business owner and a consistent hit maker.
2face is also a philanthropist, with his foundation 2Face Idibia Reach-Out Foundation helping the needy.
4. D’banj Net Worth
Oladapo Daniel Oyebanjo popularly known as D’banj or the Koko master.
D’banj is an amazing Performer and arguably one of the best out of Nigeria.
Aside the Lucrative performance fee D’banj takes home.
He’s also the owner and CEO of CREAM PLATFORM, a company that was valued and estimated by an American firm to be around a $100,000,000.
D’banj is known to be a serious entrepreneur.
Aside Music, he has series of endorsements running with Ciroc, beats by Dre And so many other major brands.
His Net-worth is estimated to be about N6.2 billion.
Which gives the Afro beat veteran singer a 4th spot on our list of top 10 richest Nigerian Musicians.
3. Don Jazzy Net Worth
Michael Collins Ajereh better known as Don Jazzy is a record producer, singer and an entrepreneur.
It’s no doubt that Don jazzy sets at the 3rd spot of the top 10 richest Nigerian Musicians.
Jazzy is the owner of arguably one of the biggest record labels in Africa (Mavin Records).
Mavin record recently received an offer that is reportedly to be in millions of dollars from Kupanda Holdings to help expand the label to Mavin global.
Scotch Whisky Johnnie Walker have endorsed the music producer as one of its ambassador.
Jazzy is into serious business aside music and also owns a recording studio, his net worth is estimated to be around N7.5 billion.
2. Wizkid Net Worth
Ayodeji Ibrahim Balogun professionally known as Wizkid or Starboy.
Wizkid occupies the number one spot of our top 10 richest Nigerian Musicians.
He was reportedly to have been paid $681,200 to perform in India at a Royal wedding in Umaid Bhawan Palace.
The Star boy collaborated with Nike for his Starboy merchandise and he sold out the store twice.
SEE ALSO – Facts About Wizkid You Probably Don’t Know
Wizkid was paid to model for Dolce & Gabbana in Italy and Moschin.
He is currently on an endorsement deal with popular Vodka brand Ciroc with his customized Starboy Ciroc bottles also available.
Wizkid sold out 20,000 capacity O2 Arena in London for his Afro Republik concert twice in a row.
According to Forbes, Wizkid’s Net Worth is estimated to be around N8 billion.
Richest Nigerian Musicians.
1. Davido Net Worth
David Adedeji Adeleke popularly known as Davido or OBO is currently one of the biggest names in the country and beyond.
Davido has endorsements deals with top notch brands ranging from popular telecommunications company ‘MTN’.
Also Davido sings an endorsement deal with Hong Kong based smartphone manufacturers Infinix.
A deal with AXE perfume, Travelbeta and so many other big cuts deals which was reportedly to be a lucrative one puts Davido at the 2nd spot of our top 10 richest Nigerian Musicians.
Davido is the owner of Dmw record, His song IF became the first African song to hit 100,000,000 views on YouTube.
The song also made it toBillboard R&B/Hip-Hop Airplay Charts.
According to Forbes, Davido’s net Worth is estimated to be over N9 billion in 2020.