10 Richest Musicians in Nigeria And Their Net Worth

List of the Top 10 Richest Nigerian Musicians Now

Do you know who the wealthiest musicians in Nigeria are currently? There have been severe changes in the financial prospects of the Nigerian entertainment industry over the past few years.

These are why you see new generation hip hop artists and the likes able to afford a life of luxury, unlike those in the last decades.

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This has fueled the mad rush into music by much Nigerian youth, whether they have what it takes to ‘blow’ or not.

Like me, many other people are curious too. We always ask this simple question: Who are the richest Nigerian musicians, and how much are they worth?

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Is Tu face the richest musician in Nigeria now? Why bother yourself? To know the richest musicians in Nigeria and their worth, check their popularity, which translates to wealth in the Nigerian music scene.

An artiste only known in his locality will not make good money. Don’t be deceived by the fake glamour. Some musicians are not as rich as you imagined. Being a rich Nigerian musician is not all about the fake Rolex, fake dollars, and cheap jewelry in music videos.

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So how do I know the top-earning musicians in Nigeria? Simple! Check his or her social stats, this include number of followers on their page, number of views on their musical video on Youtube, the number and quality of awards they have received in recent times, how much the artiste charge for each show, as well as the amount of brand endorsement such a musician has.

We cannot easily manipulate all these facts, so you can use them, which musicians are balling hard right now.

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Nigeria’s Wealthiest Artistes And Their Net Worth

This post is a compilation of a list of the top ten richest musicians in the Nigerian music industry and their estimated worth in Naira and Dollars.

List Of Richest Musicians In Nigeria And Their Net Worth


1. P-Square

P-Square is the richest musician in Nigeria and the richest in Africa for 2017. According to the latest online ranking, this duo-music group raked in millions of Naira monthly.

According to one of their songs, Taste the Money, these rich Nigerian artists are enjoying their wealth and are also trying to diversify their investment portfolios.

P square net worth is – N25.6bn

2. Don Jazzy

Is don jazzy richest african musician in Nigeria? This rich bachelor is a musician and a producer according to sources on Forbes comes second on the list of the top 10 richest Nigerian musicians and also number two on the African richest artistes coming behind the sensational R&B singer, Akon of Convict Music.

Don Jazzy net worth is – N7bn

3. Flavour

Quality translates into wealth, so it is not surprising that one of the best musicians in the country is on the list of the wealthiest. Flavour Nabalia started from a church playing guitar and has since moved one, touring the world’s continents.

His good physique, polished talent, skills at playing musical instruments, and the African in his work endear him to millions of people across Africa. Flavour comes number three among the wealthiest musicians in Nigeria.

Flavour net worth is – N5.7bn

4. D’Banj

One of the biggest entertainers in Nigeria is Ddbanj, and trust me. This guy is loaded! Dbanj gets lots of contracts and endorsements from companies each year.

Don’t mind the broke rumors flying around. Comparing who is the richest between don jazzy and d banj is very difficult. Dbanj is very wealthy and influential and moves with society’s cream de la creme.

D’Banj net worth is – N5bn

5. Tu Face (Tu Baba)

With endorsement from top companies in Nigeria like Guiness and Airtel, plus three platinum records sold out, 2face is one of the richest musicians in Nigeria. The rich artiste makes big money from real etate and stocks. He owns Rumours, nightclubs located in Festac Town, and Ikeja GRA worth nearly half a billion Naira.

2 Face net worth is – N4.5bn

6. Davido

Born to a Nigerian billionaire, David Adeleke has made himself so much from the nigerian music industry. Besides being a musician, this rich artiste is also a producer and owner of the record label HKN Gang. Most of his hits,

Diamond, Aye, and Gobe sold well on iTunes.

Davido keeps getting richer from endorsements from MTN and Guiness and money made from shows and international tours. Many people want to know between Wizkid and davido, the richest musician. Friends, give it to Davido.

Davido’ net worth is – N2.9bn

7. Iyanya

Iyanya is a nigerian artiste that makes so much cash from endorsements. Since he won MTN Project Fame season 1 in 2008, he has never looked back. Solo Mobile and Zinox computers got him deals than run into hundreds of thousands in Dollars.

Starting from hits like Kukere, Iyanaya amassed wealth for himself from local and international shows.

Iyanya net worth is – N2.5bn


With a MTN ambassadorial deal worth almost 50 million Naira and that of Pepsi going to 400 thousand dollars,

Wizkid is one of the most wealthy musicians in Nigeria. He has a range of luxury cars ranging from the Porsche Panamera S to his blue Volkswagen convertible, coupled with a 200million apartment in Lekki Lagos.

This guy charges, on average, a whopping 5million naira per show. Between Olamide’s net worth and that of wizkid, which is more? Wizkid and davido, who is the richest? It is Wizzy!

Wizkid net worth is – N2.3bn

9. Banky W

The CEO and boss of EME Records, Banky W, brought Wizkid into the limelight. He makes a lot of money from business endorsements and shows. Apart from being a brand ambassador for Etisalat Nigeria, he is also an ambassador for Samsung Mobile Nigeria.

He keeps getting richer when these companies renew their agreements with him. Just recently, Banky W, alongside

DBanj signed a multimillion naira contract with Ciroc.

Banky W net worth is – N1.8bn

10. Timaya

Timaya has a distinct vocal identity. He was also our number then on the list of the top 10 wealthiest artists in nigeria in 2017.

These successful artists are the most popular from the Niger Delta region of Nigeria. Dem Papa, Sanko, and Bum Bum are some of his explosive hits generating millions of dollars for this wealthy Nigerian artiste.

Timaya net worth is – N1.1bn

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It is a known fact that working hard opens doors! Congrats to these ten current wealthiest musicians in Nigeria now. But do you agree with the entirety of this list of the richest artists in Nigeria?

Let me know what you think.