Top Richest Musician In Nigeria & Net Worth 2018

Top Richest Musician In Nigeria & Net Worth 2018

Top Richest Musician In Nigeria & Net Worth, Will you love to know the net worth of the top 6 richest musician in Nigeria? then we’ll e glad to let you know,in Nigeria, Music has been an integral part of human life. Talented musicians use their gifts and abilities to release hit tracks, and songs to the admiration of their fans.

Top Richest Musician In Nigeria & Net Worth

Nigerian musicians are not left behind. Musicians make their fortune from releasing tracks, endorsements deals from notable organizations and personal investment.

In this post, I will give the top 6 richest musicians in Nigeria and their net worth and this will be according to Forbes list of richest musicians. Also, only one of these musicians made our list of top 6 best rapper in Nigeria. You should check that out.

Forbes is generally known for giving reliable information due to its over one hundred years legacy. Nigerian musicians always give their best so as to be among this list. Thus, this has given room for competition.

Top 6 Richest Musician In Nigeria 2018 Forbes List Top Five

Forbes richest musician in Nigeria based their information not on speculations but from top stakeholders and executives in the industry.

Still, it’s not so easy to accurately present a list of these Nigerian artistes because one can’t know every detail about how they make their money. So let’s get started!

*Davido Net Worth

Top 10 richest musician in Nigeria - Davido

Davido who is often called OBO (Omo Baba Olowo) is one of the top 10 richest musician in Nigeria. He is one of the son’s of Dr. Deji Adeleke who is one of the wealthiest men in Nigeria.

Davido was born on 21st November 1992 and attended the British International School in Lagos and also studied business administration in USA.

He is a Nigerian producer, Singer, song writer, record producer. Davido is the co-owner of HKN music and he produced songs for Tiwa savage, Skales and Naeto C.

Also he has collaborated with many notable super stars across the country. In 2012, he signed an endorsement deal with MTN, and also an ambassador of Sony music.

This lover boy recently bought a private jet and also purchased a N45 million Porsche car for his girlfriend Chioma for her 23rd birthday and got an endorsement deal of N60 million for her. That is what we now call Assurance.

In fact when he is in the mood, he stunned his fans on social media with different gifts. He has won numerous awards e.g. Nigerian entertainment awards, Nigerian music video award, Ghana music awards. He has many luxurious cars which include Toyota land cruiser, Mercedes Benz (AMG series G-Glass) and many more.

With his worth, estimated to be N9 billion he must not be omitted from the list of top 6 richest musician in Nigeria. Still he couldn’t compete with the top 10 richest musician in the world

*Wizkid Net Worth

starboy wizkid net worth top 10 richest musician in Nigeria

On my list of top 6 richest musicians in Nigeria is Ayodeji Balogun Ibrahim, popularly known as Wizkid. He was born 1990 and he is the only male child in his family.

When he was 11, he developed his passion in music and he got his inspiration from musicians like king sunny Ade, and late Fela Anikulapo, and when he met Banky W his life changed.

Did you know that Wizkid’s formal stage name was “Lil Prinz” but in 2006, he changed his name to Wizkid.

Wizkid is the CEO of Star Boy records and has collaborated with notable superstars e.g Run town, Drake, Wande coal and many more. Wizkid owns many mansions and lot of luxurious cars e.g BMW, Bentley Mercedes and many more.

He has signed many endorsement deals with brands like Pepsi and Glo which has earn him hundreds of million. Having a net worth of N8 billion.

* Don Jazzy

Don Jazzy list of top 10 richest musician in Nigeria forbes list

Michael Collins Ajereh known as Don Jazzy or Don Baba J has also made it to my list of 6 top richest musicians in Nigeria. He was born on 26th November, 1982 and attended Federal Government College, Lagos. He  then proceeded to Ambrose Ali University.

Don Jazzy is a producer, Nigerian singer, song writer and performer and the CEO of Marvin’s records. He has produced many albums and singles for many artists in Nigeria and winning stars like Dbanj, Reekado Banks, Dija, and Korede Bello.

Apart from being a music producer his source of income also comes from different endorsement deals which include MTN and Loya milk.

He has won many awards which include Nigerian music award, city people entertainment award, headies award and many more. His net worth according to Forbes is estimated to be N7.5 billion.

* Dbanj

d banj top ten richest musician in Nigeria

Oladapo Daniel Oyebanjo known as D banj who was born on 9th June 1980 in Zaria is not excluded on my list of top 6 richest musician in Nigeria.

He was enrolled to the Nigerian military school and he proceeded to study mechanical engineering at Lagos state university.

This young billionaire has secured deals from numerous endorsement deals with heritage bank, energy drink known as power fist, and Sony. He is also an ambassador of Bank of industry (BOI) and globacom.

D banj charges over N6 million per show He has won many awards e.g. best collaboration and so on. His networth is N6 billion. So, he makes my list to the top 6 richest musician in Nigeria.

* P Square

top 10 richest musician in Nigeria psqare worth

Hmm… Another of the top ten. Peter Okoye and Paul okoye are known as P square. The duo and identical twins can never be left out when we are talking about the top 6 richest musician in Nigeria.

They were born on 18th of November, 1981 in Jos.  They went to St. Murumba secondary school a small catholic school in Jos. and later joined school music and drama club.

In 1999, they went to university of Abuja. They were both recording artist, performer and popular break dancers. They both performed album with artists like Sean Paul, Akon and Ginuwine.

They released music album like Get squared, Danger, Game over and many more. Who does not know about any of these albums? They collaborated with 2face idibia, Frenzy, and J martins.

Though, they have splitted last year due to some family issues, before they went their separate ways .they both signed many endorsement deals worth million of  Naira e.g globacom and so on.

Peter had endorsement deals with Kia motors, Olympic e.t.c that worth millions of naira and both of them have won many awards which include Nigerian magazine awards, ciy magazine, the headies, Kora awards and many more.

Based on Forbes list of richest musicians in Nigeria, Peter’s worth is estimated to N5.8 billon while Paul’s net worth is N5.6 billion

*2Face Worth

2 face 2 baba top 10 richest musician in Nigeria this year

Also on my list of top 6 richest musician in Nigeria is Innocent Ujah Idibia whose stage name is known as 2Face or 2Baba. He is a record producer, song writer, and Nigerian singer.

He was born on 18th September 1975 and he completed his secondary education in Markudi. 2Baba has a record label known as Hypertex entertainment. He charges close to N1.3 million per show.

Apart from music, 2Baba makes his money from endorsement deals. He has signed endorsement deals worth millions of naira. For example, he signed deals with Glo, Campari, Guinness Nigeria, NAFDAC and also in 2010 he signed a deal with Airtel worth #20 million.

He also owns numerous cars and mansions worth hundreds of millions. 2face has won many awards which includes MTV Europe award, headies award e. t. c. According to Forbes his net worth is currently estimated to be N5.9 billion.


Do you agree with what I have on this list?  Drop your comment and let’s have your opinion

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