Nigeria has no competition as long as music is concern in Africa. Who is the richest musician in Nigeria?
Nigerian musicians are all talented, hardworking and each of them has a unique style of performing, but only the best of the best are on top of this list.
See below:
10. Flavour - $9.5 million
Chinedu Okoli, all known as Flavour, is a Nigerian singer. He Started as a church drummer and in 2014, his song, Ada Ada was nominated for the Best Music Video award at the year’s MTV Africa Music Awards. His current net worth is $9.5 million as he occupies the 10th position.
9. Peter Okoye and Paul Okoye – $10 million each
Former popular duo P-Square - 'Peter and Paul Okoye'. The brothers take the ninth place in the list and have the same net worth.
They created the band P-Square which was one of the most famous duos in Nigerian music until they parted ways.
Paul Okoye now known as Rudeboy and his brother Peter now Mr P. both appeared on the ninth position of the rating, and have only about $10 million each.
8. Timaya – $10.5 million
Enitimi Alfred Odom, Port Harcourt, Rivers State born, also known as Timaya. He started his singing and songwriting career when he founded the music group Dem Mama Soldiers.
After his Debut 2005 album 'True Story'. Followed by 'Gift and Grace' in 2008. He now release his third studio album titled 'De Rebirth', which rose him to an international recognition and prominence.
Today, Timaya has a total of six albums and a lot of singles. Timaya's net worth is estimated at $10.5 million and sat at the 8th position.
7. Phyno – $11 million
Indigenous Igbo Rapper Phyno, is indeed a phenomenal personality Nigerian Music Industry.
Phyno started his career in 2003 and moved to Lagos for his careers. He acted as a producer for Flavour, Timaya, Mr Raw and several others. His net-worth is estimated $11m
6. Olamide – $12 million
YBNL boss Olamide Adedeji is a Nigerian hip-hop music genre. The singer was born in Bariga, Lagos State. He is known for recording mostly in his native language, Yoruba.
Olamide was also the first Nigerian celebrity to sign an endorsement deal with Ciroc. Currently, Olamide's current net worth is about $12 million.
5. 2Baba (2Face) – $16 million
Ujah Idibia, better known for his stage names 2Face/2Baba, takes the fifth position on the list of the most successful and the wealthiest Nigerian musicians.
The Nigerian Music legend has bags many award like a BET Award, an MTV Europe Music Award, the Headies Award, and a net worth estimated at $16 million today.
4. Burna Boy - $17 million
Damini Ogulu, popurlaly known as Burna Boy, is a popular Nigerian singer and songwriter. His 2012 track, Like to Party, propelled him to fame.
The singer’s net worth is currently estimated at $17 million. His income comes from the sale of music, endorsement deals and other investments.
3. Don Jazzy – $18.5 million
Michael Collins Ajereh, Famous Nigerian producer, singer AKA Don Jazzy became rich and famous due to his musical talent, persistence, and ability to interact with people.
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 did not waste time. He shortly announced that he created a new label called Mavin Records.
The musician began his collaboration with such stars as Dr SID, Tiwa Savage, Wande Coal, Reekado Banks, Korede Bello, Di’Ja, and many others. Don Jazzy net worth is estimated at $18.5 Million today.
2. Davido – $19 Million
Davido is the second-richest musician in Nigeria. The Adeleke Son and DMW Boss has a lot of endorsement deals with companies such as AXE and Infinix Mobility.
1. Wizkid – $20 Million
Ayodeji Ibrahim Balogun, Surulere born, better known as Wizkid. 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.
Wizkid has a lot of endorsement deals with such companies as Glo and Pepsi. Wizkid has managed to earn his impressive $20 Million and buy two houses in Nigeria and US along with a Porsche Panamera, Mercedez Benz and BMW X6.




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