QuyumMusic as profession is very lucrative in Nigeria. No doubt, it has catapulted many Nigerian artist from zero to heroes. We all know many of them started from scratch with nothing and now they live like they were never from the street.
The Nigerian music industry is one of the fastest-growing industries in the country currently. Non-arguably, Top Nigerian musicians on this list rank among the richest musician in the entire of Africa having countless of international awards.
In this article, I will vividly highlight the genuine list of richest musicians in Nigeria!
Without further ado, grab a bottle of coke while I take the lead!
Wizkid – $20 million
Top of the list is the all-knownstar boy, stage named Wizkid!
Wizkid has an estimated net worth of $20 million.
It is known that apart from singing, the popular star has also secured many endorcement deals with many brands [the likes of MTN, Glo which paid him over N120 million as a brand ambassador].
His net worth was also impacted as he secured a multi-million deal with Pepsi and Guiness bringing him more money to his table.
Davido – $19 million
David Adeleke is the second richest musicians in Nigeria as he is popularly known and stage named Davido.
Davido has an estimated net worth of $19 million.
You don’t need to be told that Davido was born with a silver spoon. Back from the root, He was born in Atlanta, United States of America to rich and wealthy family of Dr. AdedejiAdeleke who is known to be the Co-founder of the Adeleke University of Osun state and the current CEO of Pacific holdings Limited.
From rumour, it was believed that his net worth was initially impacted by his Youtube channel which has attracted over 663 million views.
Don Jazzy – $17 million
Don Jazzy is a high rated musician in Nigeria. From the title of the name, “Don” you do not need to be told he is a boss. Don Jazzy being the boss of Mavin Record label has help lots of talented musician grown too.
It is no doubt that he is on the top list of the richest musicians we have in Nigeria as of today.
Michael Collins Ajereh being his real name is a Nigerian not to skip, he’s known for everything music ranging from songwriting, singing to producing and even an entrepreneur. Born in Umuahia in Abia state, Michael Collins Ajereh hails from Delta State.
2Baba – $16 million
Innocent UjahIdibia popularly known as 2Baba was born on 18 September 1975,is a Nigerian singer, songwriter, record producer, entrepreneur, philanthropist, humanitarian, and activist. To start with, He is one of the most decorated and successful Afro pop artists in Africa.Tuface was the first winner of MTV Europe Best African Act Award in 2015.
He was also awarded a fellow of the school of music by the Music Department, Obafemi Awolowo University. This made him the pioneer recipient of the award which was presented to him at the first public lecture and fellowship award, held on the 20th of March 2019.
2Baba has endorsement deal with the likes of Globacom and Campari
D’banj – $13 million
Oladapo Daniel Oyebanjo, the kokomaster stage named D’banj is Nigerian musician, singer, songwriter, entrepreneur, television personality, and rapper who is worthy to be on this list.
He has won lots and several music awards to his credits, including the awards for Best African Act at the MTV Europe Music Awards 2007, Artist of the Year at the MTV Africa Music Awards 2009, Best International Act: Africa at the 2011 BET Awards, and Best-selling African Artist at the 2014 World Music Awards, Evolution award at the 2015 MTV Africa Music award.
You wouldn’t disagree with me that truly D’banj is worth 13 millions of dollar, Hence is is worthy to be among the top list of richest musicians in Nigeria this 2021.
Peter and Paul Okoye (P Square) – $12 million
P Square are brothers who entrust in their union to become successful musician in Nigeria.
Although they now have their individual record label currently, we had to group them together because they have similar net worth. Currently they go by the individual stage name Mr P and Rude Boy respectively.
The news of their separation get to spread that they had a misunderstanding and wont be returning to form the mighty duo we use to know. However, Their fans still enjoy their inspiration of music even when one thing or another isn’t complete in them being single.
Banky W – $10 million
Olubankole Wellington known by his stage name Banky W was born on 27th March 1981. He is a Nigerian singer, rapper, actor and politician. Banky W was born in the United States to Nigerian parents but later moved back to Nigeria with his family.
It is also known that he schooled in Lagos for his primary and secondary education and returned to further his tertiary education at Rensselaer Polytechnic Institute, New York on a scholarship.
All of this wouldn’t have been necessary if he hasn’t gone through his path in life. Being a politician, that is a boost to his worth financially.
Hence, without much of the talking, Banky W is also a top rich Nigerian singer and song writer known for his own different style of music.
Olamide – $9 million
Olamide Adedeji popularly known and regarded by his stage name, ‘Olamide Badoo’ was born on the 15th of March, 1989, in Bariga, Lagos State.
In 2000, he decided to pursue his music career. When he was asked why music, he said: “I found out I was gifted in it so I had to explore it. It’s my life, my hustle, my world”. Also, In 2010, Olamide released ‘Eni Duro’ under the Coded Tunes record label which he was signed unto at that time. The song received nationwide relevance and instantly shot Olamide to limelight. That same year, Olamide performed at The Hip Hop World Awards. He studied at Tai Solarin University of Education.
No doubt, Olamide has been nominated and won several music awards, including multiple Nigeria Entertainment Awards and The Headies Awards.
Summary
And that brings us to the end of this article on the top 8 richest musicians in Nigeria, you can also check out the richest musicians in the world.
Share your thoughts about them in the comments section below.
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