Top 10 Richest Musicians In Nigeria

List Of Top 10 Richest Musicians In Nigeria

1      Wizkid ₦9.1 Billion

2 Davido ₦8. 2 Billion

3 Don Jazzy ₦7.7 Billion

4 Burna Boy ₦6.3 Billion

5 Rude Boy ₦6 Billion

6 Tiwa Savage ₦5 Billion

7 Mr. P (Peter Psquare) ₦4.8 Billion

8 2Baba ₦4.7 Billion

9 Olamide ₦4 Billion

10 Timaya ₦4.08 Billion

WIZKID ₦9.1 Billion

Singer Ayodeji Ibrahim Balogun proudly known as Wizkid, is a singer and songwriter. The singer began his musical carrier at the age of 11 in a local church near his home, where he later joined a local band called the Glorious Five.

The singer met OJB Jezreel during his struggling days and he became his mentor. He then started visiting Jezreel’s studio watching and learning from the recordings by artists like 2 Face Idibia and Sound Sultan.

He then joins Empire Mates Entertainment (E.M.E) in 2009, and that was the year Wizkid got his big break into the music industry. He was also the first signed under the then-popular record label co-owned by Banky W.  He gained his popularity with the release of “Holla at Your Boy”, the song from his debut album “Superstar” in 2010. The song topped the charts in 15 countries making him Nigeria’s most successful pop artist.

Wizkid Hit Songs 

Mood (feat. Buju) Wizkid, Buju.

Joro.

Ginger (feat. Burna Boy) Wizkid, Burna Boy.

System (feat. WizKid) Dave, Wizkid.

Energy (Stay Far Away) Skepta, Wizkid.

BROWN SKIN GIRL. Blue Ivy, SAINt JHN, Beyoncé, Wizkid.

Anoti.

Blessed (feat. Damian Marley) Wizkid, Damian Marley.

DAVIDO ₦8. 2 Billion

David Adedeji Adeleke, who is better known as Davido, is an American-born Nigerian singer, songwriter, and record producer. Davido was born in Atlanta, US, and raised in Lagos; he made his music debut as a member of the music group KB International.

His 2011 single “Dami Duro” was well-received throughout Nigeria. Along with his elder brother Adewale Adeleke, Davido is the co-owner of HKN Music (a record label home to Sina Rambo, B. Red, and DeeKay) which he later left to form his own record label DMW.

The singer went to British International School, Lagos, after which he got admission to study Business Administration at Oakwood University, which he later dropped out to focus on music, but later went back to school and got a degree in Music from Babcock University, Nigeria.

Davido Hit Songs 

Aye

Skelewu. ...

Dami Duro. ...

Back When. ...

Ekuro. ...

All of You.

DON JAZZY

The title of a “Don” isn’t one that is answered by all, as the title is befitting for those that are wealthy, rich, and upright while some are just been called some are actually living the “Don” life and one of such people is Michael Collins Ajereh popularly called Don Jazzy. It is no doubt that he is one of the richest musicians here in Nigeria and also earned a place in the Forbes list for the richest musician in Africa.

Michael Collins Ajereh AKA Don Jazzy is a Nigerian known for everything music ranging from songwriting, singing to the producer, and even being an entrepreneur. Born in Umuahia in Abia state, Michael Collins Ajereh hails from the delta state. His father is an Isoko (A tribe in Delta state) while the mum is a princess from Abia, He was raised in Ajegunle as the family relocated to Lagos.

According to the Forbes list for the 10 richest musicians in Africa, Don Jazzy has an estimated net worth of $10 Million. It's no doubt that everything about him depicts riches.

BURNABOY 

Damini Ebunoluwa Ogulu, known professionally as Burna Boy, is a Nigerian singer, songwriter, rapper, and dancer. He rose to prominence in 2012 after releasing “Like to Party”, the lead single from his debut studio album L.I.F.E.

It’s been a busy year for Burna Boy. The Nigerian sensation dropped Twice as Tall in August, but as he was perfecting the final touches on his latest album, Burna Boy who is one of the Richest Musicians In Nigeria currently has an estimated net worth of ₦7.3 Billion.

RUDE BOY 

Rude Boy is the stage name of one of the duo who made up the famous P-square band. So, it is almost impossible to talk about him without mentioning P-square.

P-square came into existence in 2003 when Paul Okoye (Rude Boy) and his twin brother started doing music together publicly. Their name was all over the place because they caused a major transformation in the Nigeria Music Industry. Rude Boy combined both singing and dancing as his skills. People often referred to him as the one with dreadlocks whenever they wanted to differentiate him from his identical twin brother.

TIWA SAVAGE

Tiwatope Savage popularly known as Tiwa Savage or mummy Jam Jam is a Nigerian singer, songwriter, and actress, born on the 2nd of February 1980 in Isale Eko, she relocated to London when she was 11 years old for her secondary school education. She became backup vocals for American artists such as George Michael and Mary J. Blige. After participating in the UK edition of The X Factor and graduating from Berklee College of Music, Tiwa Savage signed a publishing deal with Sony/ATV Music Publishing in 2009, she saw how rapid the Nigerian music industry growing she was inspired then Tiwa Savage moved back to Nigeria and signed a record with Mavin Records in 2012. She made an appearance on the label’s 2012 compilation album Solar Plexus.

Tiwa savage debut studio album Once Upon a Time was released on 3 July 2013. It was supported by several singles: “Kele Kele Love”, “Love Me (3x)”, “Without My Heart”, “Ife Wa Gbona”, “Folarin”, “Olorun Mi” and “Eminado”. The album was nominated for Best Album of the Year at the 2014 Nigeria Entertainment Awards and for Best R&B/Pop Album at The Headies in  2014. Tiwa Savage’s sophomore studio album R.E.D was released on 19 December 2015. It came out with two singles: “My Darlin” and “Standing Ovation”. In June 2016, Tiwa Savage signed a management and publishing deal with Jayz Roc Nation, In September 2017, she released her debut EP Sugarcane.

MR P

It is almost impossible to talk about Mr. P without referring to the now inoperative P-square. “P-square” is the stage name of the identical Okoye twins. They are both brothers who chose to do things together, including writing and performing songs.

The first P-square hit as they're single titled “Senorita” and it was followed by several other hits which brought them opportunities all over the world.

Biography: Peter Okoye, who is better known as Mr. P, is a Nigerian singer, songwriter, and record producer. He rose to fame in the 2000s as a member of the P-Square duo with his identical twin brother Rudeboy and in 2021 was awarded an honorary Doctorate degree from ESCAE University in Benin Republic.

2BABA

Innocent Idibia popularly known as 2face or 2baba is one of Nigeria’s foremost musicians known for doing good and quality music. He started with a group called Plantashun Boiz and after a while went solo, his music career has continued to flourish continuously. The release of the album ‘African Queen’ brought him to the limelight in 2004 and since then he has remained on top of his game as every of his song is a major hit. He has won himself awards like the Headies, MTV Music Awards, and BET Awards.

Tuface has acquired quite a good amount of luxury ranging from cars to mansions but he likes to keep his life very private. He owns a Ferrari Coupe that is believed to cost millions of Naira.

OLAMIDE 

Popular Nigeria singer Olamide is one among many other fast-rising stars. The “Baddo” master sure knows how to make his fans happy by giving them good and entertaining music.

Popularly known as “Baddo” or “Baddosneh”, Olamide whose full name is Adedeji Olamide was born and raised in Bariga, in the city of Lagos on the 15th of  March 1989. He is one of the most promising music artists in Nigeria. He also goes by other stage names which include “Baddo”, YNBL, Young Erikina, and Baddest Boy Ever Liveth”. It’s no doubt that Olamide belongs to a clique of young musicians that are taking Nigerian music to the next level.

The latest house of Olamide is located on Lekki island. The house takes him ₦70 million to complete and the rapper, in fact, spends most of his relaxing time there with his son and BabyMama

Olamide Awards: Olamide won a total of four awards, while Timi Dakolo won three. Wizkid was nominated seven times across the twenty-one award categories.

TIMAYA 

Inetimi Timaya Odon popularly known by his stage name Timaya is a Nigerian singer and songwriter. He is the founder of Dem mama Records Limited. His solo career began in 2005 with the release of his first single “Dem Mama”, which also appeared in his debut album, True Story released the following year. His second album Gift and Grace was released in 2008.

Biography: Inetimi Timaya Odon, better known by his stage name Timaya, is a Nigerian singer and songwriter. He hails from Odi, Bayelsa state.