Who are the richest musicians in Nigeria? Music has been paying heavily in Nigeria for the past ten years. No wonder average Nigerian youths sees music as one of the the quick means to wealth and fame.
Why not! When a good number of artistes have risen from nothing to something over the years, enjoying wealth that can only be imagined by their peers.
The question is Who is the richest among these musicians and how much are they worth? Before you read, I want you to have these in mind:
1. Net Worth does not necessarily mean the amount of money you have in the bank. It is how much you are worth as an asset base on your works, your achievements, investments, and popularity. So, when we talk about richest musicians in Nigeria and their net worth, some of the artistes mentioned may not have the said amount of money in the bank.
2. Album/music sells is not the only means musicians make money. They make much more money from – YouTube partnership, Loyalties, ringtones, concerts, sponsorships, endorsements, and appearances.
These were factored into this rating to come up with this robust, time tested ranking of richest musicians in Nigeria. The best and most accurate you can find anywhere on the internet.
3. This list is dynamic – it changes from time to time. Someone who is on this ranking today may not be here tomorrow.
4. If you have an objection, state it in a civil manner, utilizing the comment system below.
Here I present to you the top 20 richest musicians in Nigeria and their estimated net worth.
Like I said before, this list is the most detailed and most accurate you can find anywhere.
Enjoy and make a comment
20. PATORANKING – $1.75M
This guy is making name for himself in the music and entertainment industry in Nigeria and it’s not surprising that he made the top 20 richest musicians in Nigeria despite that it has not been quite long since he breaks into the limelight.His hit song (Girlie O) featuring Tiwa Savage has grossed over 4 million views on YouTube as the time of writing this article. Patoranking’s net worth is estimated to be –$1.75m
19. YEMI ALADE – $2.1M
The first day I heard ‘Johnny’ played in my car by one of the Nigerian F.M Station, I knew something serious was about to hit us.
Yemi currently has the most successful and most popular music video by any African female artiste on YouTube. The total views for ‘JONNY’ as at this time is 13,435,171. Yemi Alade’s current net worth is $2.1m
18. CHIDINMA EKILE – $2.86M
From a mere contestant in the MTN Project Fame to a household name in Nigeria, Chidinma has created wealth that her peers could only dream about, enough to earn her a place on this list of richest musicians in Nigeria.
17. DUNCAN MIGHTY – $3.5M
Duncan Mighty has refused to step an inch away from the Niger Delta oil. With unique beats, superior voice quality, and dance step to match, he is considered one of the most successful artistes ever come out of the Niger Delta region.
His most popular song on YouTube.com is “Obianuju” and “Port Harcourt Boy” which has collective views of 3.1 million.
With strong affiliation to the Niger Delta politicians, Duncan mighty is estimated to worth – $3.5m
16. PHYNO – $3.6M
Phyno is to the Igbos what Olamide is for Yorubas but he does it in a completely different fashion. So good that rap haters like me are being forced to like rap music.
Phyno is a genius. Everyone wants to collaborate with him for good reasons. He is hot in the market. Phyno’s net worth is put at – $3.6m
15. ICE PRINCE – $4.35M
Ice Prince Zamani is one of the finest rapper in Nigeria. To me, he is better than M.I in terms of flow.
Few days ago, the picture of when he was younger and hustling hit the internet and you can see how far this guy has been transformed from a naive young boy to a world class superstar! Ice prince net worth is – $4.35m
14. OLAMIDE – $4.50M
Right from the day I heard his first song, I knew he was going to be big in the music industry in Africa.
His song with the highest YouTube view is “Eleda Mi” with 1.2 million views. He was able to overtake Patoranking due to the fact he has multiple singles with collective views of more than 5million.
He is believed be to be the mastermind behind the rise of Shoki.Olamide’s Recent Single – ‘Shakiti Bobo‘ is receiving massive airplays in clubs, parties, radio, tv stations right now.Olamide’s current net worth is put at – $4.50m
13. TIWA SAVAGE – $4.85M
Tiwa Savage is among the very few Nigerian artistes whose average video is grossing over 1 million on YouTube.
She currently has about five videos with more than a million views each. Eminado is currently doing 7+ million.
Her net worth is – $4.85m and may soon crossover to ten in this rating within the next couple of months.
12. KCEE – $4.91M
Currently making serious wave in the Nigerian music scene, KCee, formerly a member of the KCPresh is one of the most fortunate guy in the industry. He picked the right beat at the right time, and the rest has become history.
His hit songs “Limpopo” and “Pull Over” are currently on 14.5 million views collectively on YouTube. KCee net worth is – $4.91m
11. M.I – $4.94M
He is among the major stakeholders in Chocolate City Records and is credited with the rise to fame of Ice Prince Zamani.
For the sake of the record label and the stars that came through it, we are placing MI at number 11 on this list. His current net worth is – $4.94m
10. TIMAYA – $5.5M
Far more successful than Daniel Wilson and others. He is truly the “Egberi Papa 1 of Bayelsa”.
One of his hit track “Sanko” is about to hit 2 million views while his biggest hit “Bum Bum” featuring Sean Paul has already grossed over 16 million on YouTube. Timaya net worth is – $5.5m
09. BANKY W – $9.0M
Two best music videos ever done in Nigeria to his credit (Lagos Party and Wizkid’s Holla at ur Boy) and a serious record label of his own, Banky W is surely a force to reckon with in the Music business in Nigeria.
From Etisalat to Samsung, he has the knack to land juicy endorsement deals anytime. Started with a copycat of Rihanna’s song, he graduated to international superstar, doing original songs and winning awards. Banky W net worth is – $9.0m
08. WIZKID – $11.5M
From a backup artiste to Banky W to a superstar! Wizkid has been transformed into international star by just one music video – Holla at ur Boi! That video created the defining moment in his career and today, he is the Wizkid you and I know.
Widely regarded as the Justin Bieber of Nigeria, Wizkid is one of the stars in the industry that many upcoming artistes look up to be just like him. What he lacks in vocal talent, he makes up in personality appeal.
Wizkid net worth is – $11.5m
07. IYANYA – $12.5M
From a hungry project fame ex-winner to international famous superstar within the space of three years. Iyanya has shown that if you want to be successful in Nigeria, give them what they want and you will be blessed with wealth.
Iyanya’s hit song (“Kukere” complete with it’s one unique dance step) currently has more than 15 million views on YouTube. His net worth is – $12.5m
06. DAVIDO – $14.5M
What he lacks in physical appeal, he makes up with great vocal talent – the twisted version of Wizkid. Davido is one musician in Nigeria that I so much like his vocal talent, he is a singer and song maker extraordinaire.
His two songs “Aye” and “Gobe” are currently having 15 million and 11 million respectively on YouTube. Son of a politician and business man, Davido’ net worth is – $14.5m
05. TU FACE – $22.50M
The musician everyone respects in the industry. Tu Face has become the present day legend in African pop culture. By the time he hangs his trumpet, he will be studied in universities across Africa. African Queen remains his biggest hit ever, meaning that this legend lives largely in the past glory
He has not been able to do another song more popular than the famous African Queen or even close to it’s popularity. But what he lacks in hit songs, he makes up in reproduction, building future generation of Idibias. Tu Face net worth is – $22.50
04. D’BANJ – $25.0M
From life in the streets of The United Kingdom to MoHit and one of the biggest superstar Nigeria has ever seen. D’Banj has proved that what you need to become successful is in you. You don’t need to look for it elsewhere, it’s within you.
His biggest song ever is the last song produced by Don Jazzy, Oliver Twist. It dethroned P-Square’s songs (Chop my Money) temporally in 2013 as the highest viewed Nigerian song on YouTube before Personally from P-Square reclaimed the number one spot. D’Banj net worth is – $25.0m
03. FLAVOUR – $28.5M
From the moment he picked up the guitar, you now he is destined to the top. Flavour Nabalia is one like no other and no one could mimic him successfully no matter how hard they try. He is the one and only Flavour, and after him there may be no other Flavour.
He has everything going for him. His physical appeal, pure vocal talent, and mastery of the music instruments, Flavour is everything others desires to be. His current net worth is – $28.5m
02. DON JAZZY – $35.0M
Don Jazzy is a builder, a producer extraordinaire and industry pacesetter. Whatever thing he lays his hands on becomes gold. He produced D’Banj to international superstar, and when D’Banj left, he produced other superstars.
Dorobucci, Adaobi, Eminado, Sulurere, Banana – these are some of the major hits he produced after the MoHit saga. Don Jazzy net worth is – $35.0m
01. P-SQUARE – THE RICHEST MUSICIANS IN NIGERIA – $128.0 MILLION
No one does it like P-Square in the music industry in Nigeria and Africa! When you think they’ve done their best, they come up with something completely different.
They have no competition, they only compete with themselves. Outside Akon, P-Square is the biggest music stars ever come out of Africa – dead or alive!
You may ask, how about Fela, Ndiaye, Lucky Dube, Blenda Fassie, Angelique (the double Grammy awards winner), and Awilo Logomba? Well, they are all legends of music in Africa but when it comes to earning and popularity allover Africa, they are no match to P-Square with all due respect.
This is based on facts and figures. Pick up the all times African top 10 music video on YouTube, P-Square alone has 5, leaving the other 5 for the entire artistes in Africa to share!
Personally = 42 million+.
Chop My Money = 24 million+.
Beautiful Onyinye = 22 million+.
Do me = 14 million+.
Teste The Money = 9 million+.
The only celebrity in the Nigerian entertainment industry that has mansion in Banana Island where properties are sold in billions. They are the Cristiano Ronaldo and Lionel Messi of African music. P-Square is the only artiste in Africa you dare not book with less than $100,000. P-Square net worth is – $128.0 million
Congratulation to the champions! Have an opinion? Let’s hear you