Top10 Richest Nigerian Musicians And Their Net Worth

Nigerian music of the 21st century has come to stay and these musicians have made sure its sticks and they remain relevant to date. To mention a few of them on this list are Olamide, Wizkid, Davido, P-square, D’banj, Banky W, Iyanya, 2face, Flavor and Don Jazzy.

The net worth of these musicians are based on Forbes data, incomes from tours and shows, iTunes sales, approved transactions, own labels of stars or contracts with recording studios.

So watch out for your favourite artiste of the year and see what they will be worth by then of the year. For now here are some of the top 10 richest musicians and their net worth.

10. Olamide – N2.1 billionOlamide Baddo

From the very beginning of his career with his first hit song of Eni Duro, he won the heart of his fans and confidently moved to success and fame. He can be deservedly called the most popular Nigerian rapper till date. He is also the CEO of YBNL Record label that housed sensational music genius like Lil Kesh, Adekunle Gold etc.

9. Banky W – N2,2 billion

Banky WOlubankole Wellington aka Banky W is the CEO of EME Records that brought to limelight breathtaking artiste like Wizkid and Skales. Aside from being a musician, He is also a cinema star in the Wedding Party 1 & 2.


8. Iyanya — N2.5 billion Iyanya

His career began to grow rapidly when he won the MTN project fame in September 2008. Mid 2017, Iyanya musician signed a lucrative contract with the popular label Mavin Records.



7. Davido – N2.8 billion David Adeleke

Davido has paved his way into the big Nigerian show business with the composition Ema Da Mi duro. His father is a Nigerian billionaire so that from the very childhood the guy had everything necessary for creative development. However, anyone who listened to his songs will say that Davido’s music is not only money but also talent and soul he puts in every note.

He signed a lucrative contract with Sony Music that allowed spreading his fame to the international scene.



6. Wizkid — N4 billionAyodeji Balogun

The song Holla at your boi brought Wizkid fame when he was still under the EME Records which is chaired by Banky W. Also, Wizkid took part in the recording of Drake’s composition One Dance and many other international successful artiste like Tinnie Tempah, Justin Bieber, AKA etc which has in turned the ears and heart of his fans all over the world.



5. 2face Idibia – N4.5 billion2face Idibia

2face is a veteran artiste who has not lost popularity for many years and confidently holds his position.A huge talent and hard work allowed him to receive several significant awards. One of the most memorable of his works is the track African Queen.




4. Flavour — N5 billion Flavor Nbania

He has the glory of a fairly versatile artiste. Most Africans are aware of this interesting musician and enjoy listening to his songs. In addition to music, he is the Nigerian ambassador to Globacom. Flavour engages in investment and other activities that allowed him to rise so high.



3. Paul and Peter Okoye (former P-Square) – N8 billion

If they were still together as a group, P-Square would have been worth a whopping N25 billion making them the richest musicians in Nigeria. But the case is different because both parties are now solo artiste which dropped their net worth to N8billion.



2. D’banj — N10 billion

Many call him Koko Master because the Koko song became a hit and brought him great fame. He is a unique artiste with his own style of music. The bright talent and ability to overcome obstacles allowed him to create the vivid brand. D’banj also collaborated with Don Jazzy. They co-founded the Mo Hits record and had a successful business before the breakup.

In addition, D’banj assumed the duties of the ambassador of the World Bank to fight poverty in Africa. So this is really a versatile person with a lot of important activities.



1. Don Jazzy — N13 billion

He is known as Oga boss or Dorobucci boss. This successful producer took part in the recording of many popular songs. Although he does not have his own track. However, this does not prevent him from having a huge fan base. Don Jazzy enjoys the attention of fans and confidently holds the leadership position. The P-Square breakup allowed him to reach the top of this rating. So we can congratulate this great man!

Don Jazzy received proposals for cooperation from Konga, Samsung. Dorobucci boss also acts as CEO of Mavin Records where he worked with some of the best Nigerian musicians such as Reekado banks, Tiwa Savage, and many others.

Did we miss out some musician here? Do you want to tell us who we missed out? Then drop a comment and tell who and why. You are always welcome to contribute. We look forward to hearing from you. Cheers



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