The richest musician in Nigeria (Top Nigeria richest musicians)

This rating of the richest Nigerian Musicians is mostly based on speculations because musicians aren’t under the obligation to disclose their net worth publicly In Nigeria.

Here is a presumptuous list of the richest musician in Nigeria:

10. Olamide:

Currently, Olamide is rated by many as the best rapper in Nigeria.

And the love for his music has translated into wealth.

Olamide is the founder and CEO of YBNL.

He has an endorsement deal with telecommunication giant Etisalat.

Olamide’s current net worth is put at – N560,000,000. Who can tell? He may be worth much more.

9. Tiwa Savage:

She is rich and her fan base is quite large.

Her money comes from the endorsement deals she has with Always, MTN, Pepsi, Forte Oïl and Maggi. She seem to have grown richer with the delivery of her baby.

Her net worth is set as $4.8 Million dollars.

8. Iyanya:

He is rich and the typical ladies man.

Net worth: 14 million dollars

Money comes from his endorsement deals with MTN, Zinox Computers and Solo Mobile.

7. Davido

His father is rich but his wealth comes from his music.

He has endorsement deals with MTN Pulse and Guinness.

Net worth – 15 million dollars

6. Wizkid

The CEO and owner of Star boy Records. He has endorsement deals with Glo and Pepsi.

Net worth – 18 million dollars

5. Banky W

Also known as Mr Capable.

He is the CEO of EME records.  He is a brand ambassador for Etisalat and Samsung Mobile for West African region.

He recently signed another multi million naira deal with Ciroc.

Net worth – 20 million dollars
4. 2Face Idibia

2Baba has endorsement deals  with brands like Guinness(#20 million), Airtel(#22 million), Non Government Organisations, etc

He has various investments in real estate and stocks.

Net worth – 25 million dollars

3. Don Jazzy

Don Jazzy is a singer, song writer, producer.

He is the CEO of MARVIN RECORDS and he has an endorsement deal with Loya milk, MTN and Konga.

Net worth – 35 million dollars

2. D-banj

As at 2014, D’BANJ was the highest paid artist in Africa.

He owns of Koko Holdings with investments in Agriculture and other sectors.

His endorsement deals include-multi-million Chris Aire,as the face of his watches, UAC Foods, Globalcom telecommunication in 2009 which has been renewed this year.

D’Banj was sometime ago  unveiled as headliner for Hennersey in 2013, he has a lucrative deal with Power Fist Energy drink, a deal with Virgin Colour Soft drink and he also signed an endorsement deal with Bank of Industry in 2004.

Net worth – 39 million dollars

Peter and Paul Okoye are regarded as the richest artists in Nigeria and probably in Africa.

Their unity has been in question of recent but we cant tell if their wealth has also been split.

In 2010, they won the KORA award for Best Africa Artiste which came with mouth-watering $1m (N150m).

They have an endorsement deal with Globacom telecommunications worth over N240m for four years. They are said to charge over N3m per show.

Net worth – over 120 million dollars