Who Is The Richest Musician In Nigeria Now – The Nigerian music industry is one of the fastest growing sectors in Africa. This is a ranking of the richest musicians in Nigeria based on their net worth.
The Nigerian music industry is moving globally as one of the fastest growing sectors in the country. Since popular singers earn so much that it is currently a multi-trillion naira industry and considered one of the highest paying professions in the country, this article lists the richest musicians in Nigeria.
Who Is The Richest Musician In Nigeria Now
The Afrobeats genre heralded by Nigerian artists has had a positive impact on the general perception of African music around the world.
Top 10 Richest Nigerian Musicians In 2022
The success of the music industry can largely be attributed to Wizkid, Don Jazzy, Tuface Idibia, Davido and others who have shown incredible longevity and now have some of the best songs in Nigeria.
According to their endorsements, assets and total net worth generated from music, the richest musicians in Nigeria are:
Over the past three decades, Don Jazzy has carved a path in the music industry that has earned him a net worth of $52 million and the status of the richest musician in Nigeria.
Richest Nigerian Musicians
Mo-Hits Records, which he co-founded with Oladapo Daniel Oyebanjo, also known as Dbanj, contributed significantly to Don Jazzy’s wealth.
However, Don Jazzy and Dbanj eventually parted ways, leading to the establishment of Mavin Records, Nigeria’s premier record label, in 2012.
Tiwa Savage, Wande Coal, Reekado Banks and Iyana made their names through Mavin Records. Meanwhile, Korede Bello, Dr. SID, D’Prince, Di’Ja, Johnny Drille, Ladipoe, DNA Twins, Rema, Crayon, Ayra Starr, Magixx, Boy Spynx and Bayanni are now the label’s firstborns.
List Of Top 10 Best Musicians In Africa
As Nigeria’s richest musician, Don Jazzy has a keen interest in luxury cars and mansions. His car collection consists of a 2016 Cadillac Escalade, a Bentley Continental Flying Spur, a Range Rover Sport and a Porsche 911 Carrera.
With a combined estimated net worth of $37.26 million, Peter and Paul Okoye of Psquare are the 2nd richest musicians in Nigeria. P-Square enjoyed a prosperous career in their prime, charging up to NGN 15 million per show, a hefty fee considering inflation.
As one of the richest musicians in Nigeria, Paul Okoye of P-Square owns a luxuriously furnished NGN 1.5 billion condominium in Banana Island, Lagos. He also owns a slew of expensive cars, including a Range Rover, G Wagon, Dodge Challenger and Porsche 718 Cayman.
Top 10 Richest Djs In Nigeria (2022)
Psquare’s Rudeboy owns a magnificent house in Parkview Estate, Ikoyi, Lagos, Nigeria and also owns a Bentley Bentayga, Mercedes-Benz GLE43 AMG 4MATIC Coupe, Lamborghini Aventador Roadster and Lamborghini Hura among others.
With an average of 20 million YouTube views per video, Davido, the son of one of Nigeria’s richest politicians, Chief Adeleke, is the third richest musician in Nigeria.
Davido, who is worth US$27.6 million, is signed to record label Sony Records, which currently houses SZA, Pink, Future and Meghan Trainor among others.
Best 20 Richest Musicians Within Africa 2022 And Their Own Net Worth
Davido, who once held the title of Africa’s best-selling artist, has a long list of achievements that culminated in the closing ceremony of the 2022 World Cup in Qatar, cementing his place among Nigeria’s richest musicians.
Davido has won several awards including the BET and MTV awards and received endorsements from MTN, PUMA and Guinness Nigeria as brand ambassador after gaining global fame. His series of endorsement deals are the best testimony to his position as one of the richest musicians in Nigeria.
In 2021, Davido became the brand ambassador for Martell Cognac in a €12 million deal, while PlayStation hired him in a similar role in 2022.
Top 10 Richest Musicians In Nigeria And Their Net Worth
Davido flaunts his reputation as one of the richest musicians in Nigeria with two lavish houses, a NGN 140 million property in Banana Island and a $20 million house in Atlanta.
Rolls-Royce Cullinan 2019, Bentley Bentayga, Bentley Continental GT, Range Rover SV Autobiography and Toyota Land Cruiser are among Davido’s car collections.
Being one of the richest musicians in Nigeria, Davido is said to demand no less than NGN 10 million per gig.
Top 30 Richest Musicians In Nigeria And Their Net Worth 2022
With an estimated net worth of $26 million, Wizkid, the first Nigerian to sell out London’s 02 Arena three nights in a row, is Nigeria’s fourth richest musician.
Since the release of his first song ‘Holla at Your Boy’ in 2010, Wizkid has broken several national and international music records. A deeper look at Wizkid’s progress over the years shows that his rise to this list of Nigeria’s richest musicians was inevitable.
Wizkid owns two mansions, one in Surulere, Nigeria worth about NGN 13 million and the other in Los Angeles, California.
Best Musicians In Ghana 2023: Top 13 Most Popular
BMW X6 crossover, Porsche Panamera, Lamborghini Urus and Mercedes-Benz G63 AMG are among Wizkid’s car collections.
“Essence” from Wizkid’s acclaimed 2020 album “Made in Lagos” is the first ever Nigerian song to chart on the Billboard Hot 100 and Billboard Global 200.
The song was nominated for “Best Global Music Performance” at the 64th annual Grammy Awards and was chosen as the best song of 2021 by the American magazine Rolling Stone.
Top 10 Richest Musicians In Ghana 2021
Apart from being the 4th richest musician in Nigeria, Wizkid is one of the most influential artists in the country as described by Apple Music who called him “
Burna Boy, the first Nigerian to receive consecutive Grammy nominations and ater Rema, Nigeria’s most respected artist, has a net worth of US$16 million, making him the fifth richest musician in Nigeria.
Since 2012, the Grammy-winning singer, rapper, composer and songwriter has been one of the genre’s world leaders.
Singer Peruzzi Invites Governor Sanwo Olu For Tiktok Challenge (read More)
“Last Last” was one of American rapper Jay-Z’s most popular songs of 2022 and was one of the 10 most searched songs on Google that year, one of only two non-Asian songs with Harry Styles’ “As It Was”.
Burna Boy’s status as one of Nigeria’s richest musicians is largely attributed to exposure via streaming as his song ‘It’s Plenty’ was named one of the most streamed songs of 2022.
Burna Boy made history in 2021 when he won the 63rd Annual Grammy Awards for Best World Music Album, becoming the first Nigerian solo artist to win the award.
Top Richest Musician In Nigeria 2021
Being one of the richest musicians in Nigeria, Burna Boy earns most of his income from tours and ticket sales. In April, he became the first Nigerian musician to headline a sold-out show at New York’s Madison Square Garden.
Burna Boy’s standing as one of Nigeria’s richest musicians is said to have increased by at least $7.3 million thanks to this sold out venue of 20,789.
Burna Boy owns an eight-bedroom house in Lekki, Lagos, as well as a number of expensive cars, including a Range Rover Autobiography, 2022 Lamborghini Urus Novitec Edition, 2013 Ferrari 458 Italia and a Rolls-Royce Dawn Convertible.
Burna Boy Reveals Highest Paid Artist In Africa
With an estimated net worth of $10.2 million, legendary Afrikaans singer 2baba is the sixth richest musician in Nigeria.
2baba, the music superstar who rose to global fame with his 2004 song African Queen, has demonstrated his financial prowess in 2022 by donating a multi-million dollar music studio to the Faculty of Music, Obafemi Awolowo University, Osun State, Ile Ife, Osun . State.
On October 11, 2022, President Muhammadu Buhari awarded the veteran with the Order of the Niger (MON) for, among other things, his contribution to the music industry. He has also been honored at MTV Music Awards, Headies and BET Awards.
Richest Musicians In Nigeria And Their Net Worth
Being one of the richest musicians in Nigeria, 2baba owns luxury homes in Ikeja, Festaku, Lagos Island and the United States. He was found to own a Ferrari Coupe, a Toyota Land Cruiser and a Chevrolet Corvette Coupe, although he did a great job of not showing off his fleet of cars.
Known for his Yoruba rap and street hip-hop styles, Olamide, who has a net worth of $15 million, is the seventh richest musician in Nigeria.
The current chairman of YBNL Nation, Olamide who has produced artistes like Asake, Fireboy DML, Jayboi and others has 10 albums and over 40 singles under his belt.
Top 10 Richest Musicians In Nigeria And Their Net Worth 2020
Apart from being one of the richest musicians in Nigeria, Olamide has also won other awards from the local music industry such as Best Indigenous Artist and Album of the Year.
Olamide owns two lavish houses in Lekki and Bariga, Lagos, and a garage full of luxury cars including Range Rover Sports, Mercedes-Benz G Wagon, Range Rover Sports V8, Toyota Venza and Rolls-Royce. Phantom:
Born on August 15, 1980, Timaya who has a net worth of $9.8 million is the eighth richest musician in Nigeria. Before the release of “True Story” he was a member of the music group “Dem Mama Soldiers”.
Surprising Richest Fuji Musicians In Nigeria (2023 Recent Update)
Timaya’s position as one of Nigeria’s richest musicians is bolstered by his role as CEO of DM record label, which debuted with King Perry. Runtown and Patoranking are two popular artists.
Timaya, who currently owns a house worth $250 million in Lekki, Lagos State, is one of the brightest figures on our list of the richest musicians in Nigeria. The singer never fails to show off, especially his fleet of multicolored Mercedes G-Wagons which
Who is the top 10 richest musician in nigeria, richest fuji musician in nigeria 2016, who is the nigeria richest musician, richest female musician in nigeria, ten richest musician in nigeria, who is the richest musician in nigeria, top richest musician in nigeria, who is the richest musician in kenya, top ten richest musician in nigeria, who is the richest musician in american, the top 10 richest musician in nigeria, who is the richest musician in africa
