Top 10 Richest Musicians in Nigeria


Music is an artistic expression, and social movement, whose medium is sound. General meanings of music incorporate basic components, for example, pitch which oversees tune and concordance, mood and its related ideas beat, meter, and explanation, elements commotion and delicateness, and the sonic characteristics of tone and surface which are at times named the “shading” of a melodic sound. Various styles or sorts of music may accentuate, de-underline or overlook a portion of these components.

Nigeria, the most populous nation in Africa is a nation favored with various types of ability and the music industry has been producing a portion of the absolute best the nation over, with these gifts proceeding to turn out to be probably the greatest stars and big names in Nigeria and over the world. Music has truly anticipated various youthful and devoted Nigerian music abilities from grass to the life of extravagance. It is along these lines just appropriate that we bring to you the rundown of top 10 richest musicians in Nigeria and their total net worth.


1. Wizkid

  • Real Name: Ayodeji Ibrahim Balogun
  • Stage Name: Wizkid
  • Net worth: $20 Million

Ayodeji Ibrahim Balogun, also called Wizkid, was born in Surulere in Lagos State, on 16 July, 1990. Wizkid used to be a basic kid who worshiped singing and had enough ability and energy for music recording. He discharged a joint effort collection at 11 years old with the gathering called ‘Glorious Five’, which was shaped by him and his companions in a congregation. He is otherwise called Star Boy. He picked up ubiquity with the arrival of ‘Holla at Your Boy’, the tune from his presentation collection Superstar in 2010.

Wizkid right now has released three super fruitful albums which are credited to him, just as one gathering collection and even recorded a hit melody ‘One Dance’ with celebrated music entertainer Drake. This tune showed up in Guinness World Records. Thusly, Wizkid turned into the first Afrobeat performer whose name was remembered for this book. He additionally has a great deal of underwriting manages such organizations as Glo and Pepsi. Wizkid has figured out how to gain his amazing $20 Million and purchase two houses in Nigeria and US alongside a Porsche Panamera, Mercedez Benz and BMW X6. . The music superstar, also has for himself private jet.


2. Davido

  • Real Name: David Adeleke
  • Stage Name: Davido
  • Net worth: $19 Million

Davido, real name David Adeleke, born in Atlanta to a rich and wealthy Nigerian family, was born on the 21st November, 1992  His father, Dr. Deji Adeleke is a co-founder of the Adeleke University in Osun state and the CEO of Pacific Holdings Limited. The song “Omo baba Olowo” brought him stardom, as it went viral especially in Africa. He made some deals with companies such as AXE, Infinix, and a lot of others.

His music career started with the KB International group with his first album “Omo Baba Olowo”. He has featured so many artists both Nigerian and foreign stars, and these moves have brought him to the top class position in the industry. Davido co-owns the HKN music record with his brother, and they have artists like Peruzzi and some others signed to the label. Davido has bagged multiple awards in his music career from the Headies, MTV music, and a lot more others.

Davido is currently engaged, but he has a strong Chioma the mother of his son whom he gifted a ₦45 million Porsche as a birthday gift. Before dating Chioma, he had had two daughters with different ladies. Just like how he is advancing in the music industry, you can say Davido’s house a nd the car is second-to-none among Nigerian musicians. He has two mansions in Lekki, Lagos, and a getaway mansion in Georgia, USA. Davido’s car collection is dazzling.

Don Jazzy
Don Jazzy

3. Don Jazzy

  • Real Name: Collins Michael Ajereh
  • Stage Name: Don Jazzy
  • Net worth: $18.5 Million

Don Jazzy’s real name name is Collins Michael Ajereh, and he hails from Umuahia in Abia State, and was born on the 26th of November, 1982. Don Jazzy is known for his brilliant music creation and difficult work fused with his constant capacity to handily make up sound business connections both in Nigeria and over the outskirt. He began his huge music profession working with D’banj to make different hit tracks as Mo’hits record before they headed out in their own direction in 2012.

After which he made the new record mark Mavin Records. Don Jazzy has adequately prepared and built up a few hotshots like Wande Coal, D’Prince, Tiwa Savage, Reekado Banks and some more. Don Jazzy remembers his profound voice for the music regula rly, this touch includes a marvelous note even as he delivers the beats for hit melodies. His vocation has brought him grants as a top music maker. Don Jazzy isn’t hitched notwithstanding his age, he centers around making all the more great music and bringing more stars up in the Nigeria music world.

Don Jazzy has 3 chateau, one at Lekki, one in Banana Island, Lagos and another at Los Angeles, USA. He additionally rides colorful vehicles including; Porsche 911 Carrera ₦42 million, Bentley Continental (~₦25 million), Cadillac Escalade (~₦27.2 million), Used Mercedes Benz E350 (~₦20 million).

Don Jazzy’s estimated net worth is valued at $18.5 million. He is one of the richest Nigerian musicians that have continued to show value currently.

4. Burna Boy

  • Real Name: Damini  Ebunoluwa Ogulu
  • Stage Name: Burna Boy
  • Net worth: $17 Million

Damini Ebunoluwa Ogulu, commonly known as Burna Boy, is a popular Nigerian singer and songwriter. Burna Boy is originally an indigene of Mbiama in Ahoda West LGA of Rivers State. Burna was born in his home state of Rivers, Port Harcourt precisely before his parents made the 9 hour long relocation trip from port harcourt to Lagos.

His 2012 track, Like to Party, propelled him to fame. In 2017, the singer signed with Bad Habit/Atlantic Records. The singer’s net worth is currently estimated at $17 million. His income comes from the sale of music, endorsement deals and other investments.

His parents’ relocation to Lagos was possibly the best move for Burna’s music career, as the biggest names and best resources are domiclied in Lagos. So it made it super easy for Burna to sign his first deal with Aristokrat Records with whom he released his first studio album titled the L.I.F.E. Burna Boy would go on to release three more Albums and mixtapes after leaving Aristokrat Records for Spaceship Entertainment, a Record Label is personally founded in 2015.

His music career has been a super success with the young man making global waves and is currently Nigeria’s hottest international music export. He only recently lost the 62nd Grammy Award to Angélique Kidjo in January but still clinged some really big personal awards in the year just ended. He surely one of the richest musicians in Nigeria 2020.

When it comes to cars, the music superstar has a very crazy taste and makes sure he keeps to the celebrity traditional of showing off expensive and extravagant personal effects. Only last december, the Odogwu crooner took possession of two very expensive and hot autos. He first showed off this Red hot Rolls Royce Dawn Convertible with a manufacturer stated retail price of about ₦200 million. And as if that was just child’s play, a few weeks later Burna went ahead to showoff this crazy fast Latte grey Ferrari 458 Italia. The supercar is reportedly worth a whopping ₦84 million asking price.

Burna Boy’s net worth is $17.


5. 2Face (2Baba)

  • Real Name: Ujah Innocent Idibia
  • Stage Name: 2Face (2Baba)
  • Net worth: $16 Million

2Baba (2Face)  who is better known under his stage names 2Face and 2Baba, takes the fifth situation on the rundown of the best and the wealthiest Nigerian performers. This capable man was conceived on 16 September, 1975, in Jos. The artist’s profession began from zero: he performed at schools, and afterward at colleges. In addition, he needed to intrude on his own training to focus on his profession.

He buckled down, and at present, is a standout amongst other known Afropop performers. Since 2004, when his presentation collection Face 2 Face saw the world, he has discharged six collections. His melodic sytheses have presented to him various honors like a BET Award, a MTV Europe Music Award, the Headies Award, and a total assets evaluated at $16 million today.

Tuface owns 2 mansions in Lagos, as well as relaxation lounges at Lagos Island, Festac, and Ikeja. He is not very open about his rides, but here are the cars that were caught ridden by 2Face: Chevrolet Corvette Coupe (~₦45million), Ferrari Coupe (₦57 million – ₦80 million) Used Toyota Land Cruiser Prado (₦30 million – ₦52 million).


6. Olamide

  • Real Name: Olamide Adedeji
  • Stage Name: Olamide Baddo (BaddoSneh)
  • Net worth: $12 Million

Olamide Adedeji is referred to in Nigeria as Olamide (his different monikers are Olamide Baddo and BaddoSneh). He is a rising hotshot of the Nigerian hip-jump music class. The artist was conceived on March fifteenth, 1989, in Bariga, Lagos State. He is known for recording for the most part in his local language, Yoruba.

His profession bloomed in 2010 when he discharged his single Eni Duro and in 2011 his collection Rapsodi. The fruitful collection was trailed constantly collection YBNL, which included a couple of hit singles that made Olamide mainstream in a matter of seconds. Future’s total assets 2018 Today, he has seven studio collections and is highlighted on one aggregation recording. He has won numerous honors like a NEA, at the most esteemed Nigerian and African honor functions.

Olamide was likewise the principal Nigerian superstar to sign an underwriting manage Ciroc. Presently, Olamide’s present total assets is about $12 million. The rapper has three houses and a few vehicles including a Mercedes-Benz G Class, Range Rover Sport, Range Rover V8 and Toyota Camry.


7. Phyno 

  • Real Name: Chibuzo Nelson Azubuike
  • Stage Name: Phyno
  • Net worth: $11 Million

The music star, Chibuzo Nelson Azubuike aka Phyno was born on the 9th of October 1986. He reportedly coined his stage name Phyno from the word “Phenomenal”, which highlights his own taste and brand of music. Phyno is a man with different talents that extends even to the academic world. The level of his education with a degree in Public Admin is enough to get you thinking that he should not have become a musician; but here he is, a very successful musician.

Undoubtedly, deciding to do music was a good move by Phyno as this has thrown him to the spotlight. Fortunately, he had chosen to become a musician, and it was the right choice that brought him $11 million and made Phyno one of the world’s household names in music. The singer started his career in 2003 and even moved to Lagos for his careers. He has also acted as a producer for such well-known stars as Flavour, Timaya, Mr Raw and several others.


8. Timaya

  • Real Name: Enitimi Alfred Odom
  • Stage Name: Timaya
  • Net worth: $10.5 Million

Timaya is a well-known superstar’s genuine name is Enitimi Alfred Odom, and he was born in Port Harcourt, Rivers State, on 15 August, 1980. He began his singing and songwriting profession when he established the music bunch Dem Mama Soldiers.

Timaya started his performance profession and discharged his presentation collection called True Story. It was trailed by the following collection Gift and Grace in 2008. After the arrival of his third studio collection named De Rebirth, Timaya rose to worldwide acknowledgment and noticeable quality.

Timaya has an aggregate of six collections and a great deal of singles. He is regularly called the Dancehall King of Nigeria since he is the most mainstream craftsman in this kind. Through singing, he earned enough cash to purchase an immense house, enlivened in white, with huge pictures on the dividers, a pool, enormous windows and delicate, beautiful floor coverings. He can truly manage the cost of it in light of the fact that Timaya total assets is evaluated at $10.5 million.

P Square
P Square

9. Peter Okoye & Paul Okoye

  1. Real Name: Peter & Paul Okoye
  2. Stage Name: Psquare
  3. Net worth: $10 Million

It is difficult to neglect to make reference to the previous well known pair P-Square made by Peter and Paul Okoye. The siblings take the ninth spot in the rundown and have a similar total assets. Paul and Peter Okoye were conceived on 18 November, 1981 in Jos, Plateau State. The siblings made the incredibly well known band P-Square which was one of the most popular teams in Nigerian music until they chose to go separate ways.

Paul Okoye now has a performance profession (simply like his sibling) and is known under the stage name Rudeboy. Subside is building a vocation all alone as well and has a great deal of worthwhile arrangements with KIA Motors and Olympic Milk. The siblings earned insane measures of cash when they performed together.

It was evaluated that they used to get $150,000 per show in Africa and had a rich life. Among their assets were a major house and a personal jet. Today, the two of them showed up on the ninth situation of the rating, and have just about $10 million each.


10. Flavour

  • Real Name: Chinedu Okoli
  • Stage Name: Flavour
  • Net worth: $9.5 Million

Chinedu Okoli, popularly known as Flavour, is a Nigerian singer who began as a church drummer. In 2014, his song, Ada Ada was nominated for the Best Music Video award at the year’s MTV Africa Music Awards. Some of his most popular albums include Thankful, Uplifted, and Blessed. His current net worth is $9.5 million.

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