Top 10 Richest Musicians In Nigeria

richest musicians in nigeria

Top 10 Richest Musicians In Nigeria; Over the years, media outlets have formed into one of the quickest developing segments of the Nigerian economy, rounding up over $3.8 billion of every 2018 alone.

This surprisingly sharp ascent in income can be ascribed to some extent to the contributions of the music business, and henceforth the apparently sound challenge which can be seen among specialists, endeavoring to be among the best 10 most extravagant artist in Nigeria.

Enjoying the good life at the highest point of the chain, Nigerian artistes are presently worldwide pop stars in their own rights, procuring millions from advanced deals, shows and visits, underwriting bargains from nearby and universal brands, eminences and numerous other pay streams.

In this post, we convey to you the best 10 most extravagant performers in Nigeria from the least to the most astounding positioned.

Our Top 10 Richest Musicians In Nigeria Are;


flavour 1

Chinedu Okoli, prevalently known as Flavor N’abania’s raid into music started when he was only a kid experiencing childhood in the place where he grew up of Enugu. He began as a drummer in his nearby church before going mainstream, as the greater part of his friends, when he turned out to be a lot more seasoned.

Flavor broke into the music business in 2010 with his hit tune ‘Nwa Baby’ (Ashawo Remix) which pushed him to the highest point of the diagrams and he hasn’t thought back since. Right now, Flavor is the tenth most extravagant performer in Nigeria with a total assets of somewhat over N3 billion.

The artist is a brand represetative for Bullet, a caffeinated drink brand, Flat Tummy Tea, a wellbeing and wellness refreshment and furthermore for MTN, one of the greatest telecom administrators in Africa.

He is as of now marked to 2nite stimulation.


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Referred to in the city basically as Baddo, Olamide Adedeji is the following craftsman on our rundown of the main 10 most extravagant performers in Nigeria. The Bariga brought into the world indigenous rapper busted onto the scene in 2010 with his hard hitting rap single ‘Eni Duro’, while marked to ID Cabasa’s Coded Tunes records.

He at that point proceeded to discharge his fruitful introduction collection titled Rapsodi in 2011, under a similar name. He anyway left in 2012 to shape his own record name YBNL Nation.

Presently a different honor champ, he remains the primary Nigerian to be marked by Ciroc. Olamide is at present one of the most elevated winning Nigerian artistes, with a total assets in overabundance of N3 billion. He has underwriting manages top brands like Hennessy and Glo. He apparently charges between NGN5-8 million for each show and visits UK, Europe and America every year.


Top 10 Richest Musicians In Nigeria

Olubankole Wellington, the R’n’B artist, on-screen character, business person, open speaker, and government official was conceived in 1981, in New York, USA.

At five years old, his family moved back to Lagos, Nigeria, and he began singing in the congregation choir. He later came back to New York for his tertiary training. It was amid this period that he and his companion, Tunde Demuren began Empire Mates Entertainment in 2002.

Banky W turned into a national sensation when he discharged his 2008 hit single titled Ebutte Meta. He has since turned into an industry heavyweight with his flexibility and business intuition his greatest qualities. The marked and was in charge of the early improvement of gifts, for example, Wizkid, Skales, Shaydee, Niyola, and so on.

Banky W made his acting bow in 2016, featuring in the blockbuster film ‘The Wedding Party’ close by Nollywood screen goddess and future spouse, Adesua Etomi.

In 2017, the couple got hitched and had an extravagant wedding in South Africa.

In the 2019 general races, Banky W challenged and lost the Eti Osa government electorate seat to Babajide Obanikoro of the All Progressives Congress.

The artist has been assessed by Forbes to be worth around N3.5 billion. He at present has underwriting manages Samsung and Uber.


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Enitimi Alfred Odom famously known as Timaya comes in at number 7 on our rundown of most extravagant artists in Nigeria. Timaya is assessed to be worth N4 billion.

The Bayelsa brought into the world pop star was right off the bat some portion of a gathering called Dem Mama Soldiers before he shot into spotlight when he discharged the widely praised single ‘Dem Mama’ in 2005.

He pursued this with his first collection titled True Story which was discharged in 2006. These endeavors urged him to put out a second collection in 2008.

The collection ‘Blessing And Grace’ saw him work with top makers, for example, Terry G, Akem D Beat, and Phyno. Amid this period, the vocalist discharged melodies, for example, God I Beg, Dem Mama Anthem, If To Say, and so on.

In 2011, Timaya was made a Peace Ambassador by the Inter-Religious and International Federation for World Peace (IFFWP). He additionally has four Headies Awards and one Nigeria Music Awards to his name till date.

The artist purportedly charges N8 million for execution expenses and has plum underwriting arrangements with Hennessy and Globacom.

Timaya adores extravagance vehicles and always flaunts his accumulation through his Instagram exercises.


Top 10 Richest Musicians In Nigeria

No doubt, we know what amount pitched the Psquare separate was and no, this post isn’t going to unite them back.

Sorry on the off chance that you are a Psquare fan. Be that as it may, the thing is, we would need to show them together in this post due to their clearly too comparable story and total assets.

The Okoye twins were brought up in Jos. The two of them began engaging at an extremely youthful age, joining the school’s show and music club with whom they moved, emulated and sang melodies by Michael Jackson, MC Hammer and Bobby Brown.

In the wake of breaking into the business and getting to be persuasive figures, a string of in-house contentions in the end prompted their split. Obviously, there was a concise period where they rejoined however just to part once more, this time all the more for all time.

While the dead couple were as one, they had so much business achievement and were accounted for to charge the most noteworthy execution expenses of N20 million. Presently passing by the stage names Mr.P and Rude Boy separately, the twins are evaluated to be worth around N5.6 billion each. Presently, that is a great deal of cash!

5. 2BABA

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Honest Idibia may be the most adored figure in the Nigerian music industry today and which is all well and good, yet he just comes in on our rundown of top 10 most extravagant Nigerian artists at a decent number 5.

2BABA otherwise called 2Face is apparently worth N5.9 billion, as indicated by Forbes.

The Jos conceived craftsman has progressed significantly from his days as the main light of the dead gathering Plantashun Boiz to the numerous debates in the beginning periods of his profession, and he is presently a family man hitched to the lovely Annie Idibia with whom he has a delightful little girl together.

Presently a standout amongst the most enhanced artistes to have a left Africa, with various honors and plaques to his name, 2Baba is as of now the sole craftsman marked to Hypertek Records (which he possesses) just as being the owner of famous Lagos dance club, Rumors.

He has supports with any semblance of Globacom, Campari and a large group of other top brands.


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With a total assets of about N6 billion, Dapo Oyebanjo, the artist and performer himself is number 4 on our rundown of top 10 most extravagant artists in Nigeria.

At the point when D’banj moved to the United Kingdom to encourage his examinations after perpetual strikes constrained him to pull back from the Lagos State University, the harmonica playing youthful didn’t realize that he was going to meet a kindred Nigerian whose camaraderie would change his life until the end of time.

In any case, that was actually was occurred. D’Banj met Don Jazzy, who was around then attempting to make it as a maker and musician. The pair would later come back to Nigeria in 2004 to kickoff Mo Hits Records, that year D’banj discharged ‘Tongolo’ and shot their music domain into national noticeable quality.

D’banj was the superstar, while Don Jazzy was the melodic virtuoso and together with the remainder of the Mo Hits Crew, they brought forth another period of popular music in Nigeria. Indeed, even after he left Mo Hits to seek after American importance with Kanye West’s G.O.O.D Music engrave, he keeps on outstanding a giant on the nearby scene because of his attractiveness and business claim.

Aside from being marked on to support bargains by the greatest global brands including Ciroc and Beat By Dre, D’banj is additionally the CEO of his CREAM stage, a brand esteemed by an American firm to be worth about $100,000,000. In reality, D’banj is the KOKO!


Top 10 Richest Musicians In Nigeria

Think about who comes in at number 3?… No other however the Don himself!

The man who had no apprehensions playing the underground supervisor amid his Mo Hits days has now gone from being a beat producer and musician to being an effective specialist; the CEO of one the greatest record names around the local area today, The Supreme Mavin Dynasty which he established in 2012.

He is esteemed by Forbes to be worth around N5.7 billion.

Be that as it may, Don Jazzy wasn’t generally The Don. Conceived Michael Ajereh Collins in Abia state Nigeria before moving t Lagos, his voyage into music started in his pre-high schooler years when he began playing the low register guitar just as other percussion instruments. He went to London in the year 2000, working at McDonald’s as a security monitor.

His enthusiasm for music anyway heightened and he continued sharpening his aptitudes from Emeka Infiniti of O-town record organization. He additionally connected with any semblance of Kas, the 419 Squad, JJC, Kas and Solek who all needed to be music stars also.

In 2004, he returned to Nigeria with D’banj and together with a couple of others, they set up Mo-Hits Records,. This made him lord over the wireless transmissions until the gathering broke down in 2012.

Wear Jazzy has many honors to his name and is likewise credited for spotting and sustaining numerous ability. They inckude Wande Coal, Di’ja, Korede Bello, Reekado Banks to make reference to yet a couple.

He has delicious underwriting manages Sky Vodka and Loya Milk.


Top 10 Richest Musicians In Nigeria

Since blasting onto the scene in 2009 as a new confronted however clearly gifted amateur, Ayodeji Ibrahim Balogun has formed into an African music symbol and a commonly recognized name in these parts.

His accomplishments are very something for a 28-year-old. It has all gone the correct way for him since his initially hit tune Holla At Your Boy, while marked to Banky W’s Empire Mates Entertainment, which he later left EME to begin his Starboy Records engrave. In 2012, Wizzy marked a one-year manage Pepsi purportedly worth $350,000.

His global acknowledgment came in 2016 when he highlighted in Drake’s viral single, One Dance. The track achieved number one out of 15 nations including the UK, Canada, Australia, and the United States.

The joint effort additionally made him the first afrobeats artiste to show up in the Guinness World Records. He stays a standout amongst the most attractive artistes in Nigeria and charges N12 million for every show in Nigeria.

His total assets is assessed to be around N8 billion. Phew!

Top 10 Richest Musicians In Nigeria

Who else would take the top spot of our main 10 most extravagant artists in Nigeria however Omo Baba Olowo himself?

Conceived David Adeleke, Davido is evaluated to be worth over N9 billion. He surprised the business when he discharged Dami Duro in 2011. What’s more,

Today, he is a power to be figured with in discussions about music.

His presentation collection, Omo Baba Olowo was discharged in 2012. In this, he included hits like All Of You, Gbon– Gbon, Ekuro, Back When ft Naeto C, Feel Alright, and so on.

Davido routinely visits Europe and his shows are regularly sold out. Official visuals for his hit singles like If and Fall have piled on more than 60 million perspectives on Youtube.

In April 2018, he purchased his better half her birthday, a fresh out of the plastic new Porsche supposedly worth N45 million.

The artist is likewise known to continually sprinkle out on extravagance presents for individuals from his Thirty Billion Gang. He is presently marked on to DM Records. The OBO supervisor is likewise an accomplice at HKN Music which he co-claims close by his sibling Adewale Adeleke.

He marked support manages any semblance of Pepsi and MTN previously. However, at this point, Davido is right now the substance of top brands like Infinix and Ax, to specify yet a couple.

… And It’s A Wrap! – Top 10 Richest Musicians In Nigeria

It has been an extremely pleasant time visiting you on our rundown of top 10 most extravagant performers in Nigeria.

What do you think on this positioning? Did we pass up any of your preferred performers who you think ought to be here on our rundown? We should have your musings by means of the remark segment. We’ll want to get notification from you!

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