The official list of richest musicians in Nigeria 2019, their net worth, endorsement deals is contained in this article
Richest Nigerian musicians
Nigerian musicians are creating significant impression this year in the music industry and much is being said regarding their wealth.
Apart from their songs, these popular male artistes not only makes cool cash from their hit tracks but also from their shows, endorsement deals and investments.
We take a closer look at the richest musicians in Nigeria 2019 and their net worth, taking into consideration how these artistes got featured on this list. Our list include Olamide, Wizkd, Davido , Timaya and other notable Nigerian artistes.
10. D’Banj -$3 Million
Oladapo Daniel Oyebanjo, know by his stage name, D’Banj is a Nigerian music, songwriter, performer and Tv personality. He is formerly a Co-founder of Mo-Hits record label in which he partnered with Don-Jazzy before their split up. D’banj is estimated to be worth $3 Million. Aside from music, D’banj is also into business, he is known for his brand”Koko garri”, a business he established In Nigeria.
9. Flavour N3 Billion
Chinedu Okoli better known as Flavour N’abania is a singer, songwriter, Multi-instrumentalist and performer. He started his musical career as a drummer in a local church while in Enugu state, Nigeria.
The singer is valued at an estimated net worth of N3 Billion naira. Flavour made the list of richest musicians in Nigeria this year. The singer has two daughters with different women.
8.Timaya- N7 Billion
Inetimi Alfred Ofon known by his stage name, Timaya is a singer and songwriter. Timaya began is musical journey way back in 2005 and has since remain relevant In the music game since then. He Is said to be worth N7 billion naira. Timaya has landed properties and other investments in and outside Lagos state, Nigeria.
7.P-Square (Mr p & Rudeboy) – $10 Million
Peter (Mr p) and Paul (Rudeboy) Okoye are Nigeria’s most celebrated twins that rocked the Nigerian music industry from 2001 till date.
The duo splited in 2017 due to some internal family issues and divided their properties among themselves and that led to the dissolution of Psquare.
Forbes ranked them among the ten richest musicians in 2014,2015 and 2016 as the richest twins in Africa. P-square owns several properties which include houses and landed properties in Lagos, Jos and other parts of Nigeria.
6. Phyno – $5 Million
He is the second current best rapper in the country, his real name is Azubike Nelson Chibuzor, but he is popularly known as Phyno. Phyno is estimated to be worth $5 million. Aside from music business business, he is into fashion and real estate business also. No doubt phyno is an household name when it comes to music in Nigeria.
5. Olamide- $6 Million
Olamide Adedeji (Badoo) is a Top Nigerian wealthy rapper. He is the founder of the famous YBNL record label.
Olamide is a brand ambassador and a business man. Olamide signed an endorsement deal with ciroc which is worth N30 million, his guiness deal is worth N80 million, Etisalat deal worth N50 million.
He owns two filling stations and some landed properties in Lagos and some other parts of Nigeria.
4. 2baba – $22 Million
Innocent Ujah I’dibia (2baba or 2face) is a songwriter, singer,record producer and entrepreneur. He has produced hits tracks which has sold internationally and has topped the charts.
His first single “African queen” still remain his best song so far. He Is married to Annie Idibia with whom he has 2 children with. He has other women outside wedlock who also has kids for him.
2baba is worth $22 million dollars.
3. Don-Jazzy – $35 Million
Michael Ajereh Collins popularly called Don-Jazzy, is a Nigerian producer and CEO of Mavins records. He is worth $35 million in dollars and about 8 billion in Naira.
It is said that Don-Jazzy charges nothing less that N500,000 or more to producer song which explains how he makes his money.
2-Davido – N10 Billion
David Adedeji Adeleke, the famous Nigerian Davido, is the second richest musician in Nigeria. He has won n a lot of awards to his name.
Davido is proud father of a lovely son, and two daughters from different women. Davido is a rich Nigerian celebrity who has mansions, cars and series of investments due to his family background. However, he was not influenced by his father’s riches, he has proved this through his musical career, which shows that he is hardworking.
He is currently an ambassador of Infinix mobile. His deal with them is rumored to worth millions of dollars. He Is estimated to be worth N10 billion naira.
1- Wizkid – $40 Million
Wizkid (Ayodeji Ibrahim Balogun) is number one on out list. Wizkid Is a Nigeria singer, and Ceo of Starboy record label. He is well recognized in Nigeria and beyond.
Some of Wizkid endorsement deals include, Pepsi ambassador, his deal with Globacom, Mtn. Wizkid was recently ranked by Forbes as the richest Nigerian artiste this year. The singer is worth $40 Million dollars.