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List of the Top 10 Richest Musicians in Nigeria and their Net Worth

In this article, we will present to you the current richest Nigerian musicians. This list is not diluted and it’s posted as released by Forbes. Have in mind that these rich musicians listed here as the top musicians in Nigeria do have other businesses outside their music career. However, the fact remains that they have made it in the music industry and most of them have gained popularity and their establishment came as a result of their success in the music industry. Keep reading as we are about to reveal to you the List of the Top 10 Richest Musicians in Nigeria and their Net Worth.

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

10. Timaya – Net worth N1.1 billion

9. Iyanya – Net worth N1.8 billion

8. Banky W – Net worth N2.3 billion

7. Flavour – Net worth N2.5 billion

6. Wizkid – Net worth N2.8 billion

5. Davido – Net worth N2.9 billion

4. Innocent “2Face” Idibia – Net worth N4.5 billion

3. D’Banj – Net worth N5 billion

2. Don Jazzy – Net worth N6.5 billion

1. P-Square – Net worth N15 billion

 

10. Timaya – Net worth N1.1 billion

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

Timaya, a successful out of the street musician that made it to the industry after several years of failure. He is from the Niger-Delta region of Nigeria. Much credit was given to Timaya when he lost his instagram account to hackers and in a week got almost the number of followers he lost back. He has a lot fans within and beyond Nigerian borders. Timaya is currently worth N1.1 billion.

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9. Iyanya – Net worth N1.8 billion

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

Iyana came to victory in the music industry three years ago through the success of the MTN project fame. He has received a lot of endorsement ranging from MTN, Pepsi to being ambassador of Yudala and now, Iyanya is worth a whooping sum of N1.8 billion.

8. Banky W – Net worth N2.3 billion

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

Banky W is currently occupying the number 8 position on the List of the Top 10 Richest Musicians in Nigeria and their Net Worth. For the benefit of those who do not know, Banky W is the CEO of one of the most famous Nigerian Music Record Label EME. Top of that, Banky W has gained a lot of endorsement from a lot of companies including Samsung Mobile as an ambassador for the whole of the West African region and ambassador for Etisalat. Recently, Banky W stroke a multi-million naira deal with Ciroc. Currently, he is worth N2.3 billion.

7. Flavour – Net worth N2.5 billion

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

Chinedu Okoli, popularly known as Flavour is a genus by nature and by virtue in the genre of highlife music. He has bagged a lot of endorsement deals with many companies. Flavour is currently on a multi million naira deal with NBC (Nigerian Breweries Company). The highlife singer is currently worth N2.5 billion.

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6. Wizkid – Net worth N2.8 billion

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

Wizkid is the CEO of STARBOY Record Label and he is currently in the front line of Nigerian music. The multi million naira singer has bagged a lot of awards. Just last year (2017), he was nominated for the Grammy Awards and went home with it. He is currently in partnership with SONY Records and many other multi million naira deals. Wizkid is currently worth 2.8 billion.

5. Davido – Net worth N2.9 billion

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

Davido as his fans would call him has his real name to be David Adedeji Adeleke. Davido is the face of Nigerian music right now and his music spread wider than flu. His music is contagious and to that regard, he’s been signed SONY records, and he’s one among the few Nigerian musicians with international recognition. He is currently worth N2.9 billion.

4. Innocent “2Face” Idibia – Net worth N4.5 billion

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

2Face Who came of the music group called plantashun boys is really a living legend in the Nigerian music industry. He has bagged a lot of deals and endorsement that fetch him millions of naira to his bank account. He is currently on the number 4 position on the List of the Top 10 Richest Musicians in Nigeria and their Net Worth. He is worth N4.5 billion.

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3. D’Banj – Net worth N5 billion

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

D’banj, who is also nicknamed himself as the Koko master has gone farther than his colleagues in the industry. He makes his money from shows, events and enjoys tours round the globe. He is currently on the number 3 spot of the list. He has made a lot deals and endorsement from top Nigerian companies and other companies outside the four walls of Nigeria. He is worth N5 billion.

2. Don Jazzy – Net worth N6.5 billion

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

Second to the last on the list is Don Jazzy. He is the top and best music producer in Nigeria. The CEO Mavin Record Label has built a community of top musicians in Nigeria and not just a music group. It was reported that Don Jazzy charges about N500,000 to produce a single track. This clearly show why this music producing genus is able able to out rank other musicians in the industry.

1. P-Square – Net worth N15 billion

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

List of the Top 10 Richest Musicians in Nigeria and their Net Worth

The twin duo who decided to run their career individually has the number spot on the List of the Top 10 Richest Musicians in Nigeria and their Net Worth. Their income source basically is from endorsement deals, album sales, shows, tours etc. It has been reported that P-Square charges nothing less than 8 million naira per show. This literally tells the amount of money they bag in a single month. They have worked so hard to receive so many awards including the Kora awards for Best African Artiste in the year 2010.

 

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