Nigerian musicians are known for their flamboyant livestyles, especially with some flaunting their wealth publicly, but not all of them are as wealthy as they appear. While many of them have endorsement deals with multinational companies, telecommunication companies as well as other money-spinning companies, some others have huge investments, all of which have further boosted their status in the society alongside their wealth.
Here, we bring you the top richest Nigerian musicians as analysed:
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 long since he breaks into the limelight. His hit song (Girlie O) featuring Tiwa Savage has reportedly 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
Yemi is noted to currently be the biggest female musician in Nigeria after Tiwa Savage and may overtake Tiwa in a couple of years if not
months. She 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 and she was said to have replicated the song in french which further expanded her audience. Yemi Alade’s current net worth is $2.1m.
18. Chidinma Ekile – $2.86m
Chidinma’ likeable nature has seemingly skyrocketed her take home performance fees and worth to an enviable position and from being a
mere contestant at the MTN Project Fame talent show, she has become 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. Her biggest video to date is ‘Kedike’ with 1.2 million YouTube hit, followed by ‘Oh Baby’ featuring Flavour which currently has 600,000 views as well as collective views of about 5 million for her songs, Chidinma’s net worth is put at – $2.86m.
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 steps 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 and the artiste also
has a strong affiliation to the Niger Delta politicians. Duncan mighty is estimated to worth $3.5m
16. Phyno – $3.6m
Reportedly the only hardcore rapper in Africa, Phyno is to the Igbos what Olamide is for Yorubas, but he does it in a completely different
fashion. Everyone wants to collaborate with him for good reasons as he is hot in the market. Phyno’s net worth is put at – $3.6m
15. Ice Prince – $4.35m
He broke into the limelight with ‘Oleku’ featuring Brymo which currently has 3.2 million views on youtube. Ice Prince Zamani is one of the finest rappers in Nigeria and is believed to be better than M.I in terms of flow. Few days ago, the picture of when he was younger and hustling hit the internet and one could see how far this guy has been transformed from a naive young boy to a world class superstar! Ice Prince’s net worth is – $4.35m.
14. Olamide – $4.50m
One of the craziest rappers in Nigeria and Africa, has built name and fortune for himself in the music industry in Nigeria. The self-styled
‘Badoo’ rose from the shadows of late Da Grin and has kept rising ever since with hit singles per time. His song with the highest youtube views 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 of the rise of Shoki and his recent single, ‘Shakiti Bobo’, is receiving massive airplay in clubs, parties, radio, tv stations. 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. Tiwa Savage is currently the richest female musician in Nigeria and her net worth, $4.85m, may soon crossover to ten in this rating within the next couple of months.
12. KCee – $4.91m
Currently making serious waves in the Nigerian music scene, KCee, formerly a member of the KCPresh, is one of the most fortunate guys in
the industry. He picked the right beat at the right time, and the rest has become history, especially with his songs‘Limpopo’ and ‘Pull
Over’, which are currently on 14.5 million views collectively on youtube.
KCee’s net worth is – $4.91m.
11. M.I – $4.94m
Regarded as the most successful rap artiste ever in Africa, M.I has built a reputation thatwill be too difficult for anyone to surmount.
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
Timaya’s vocal power is one of the strongest in the industry. He is one of the best and probably the most successful music star ever come
out of the Niger Delta area. Far more successful than Daniel Wilson and others.
He is truly the ‘Egberi Papa 1 of Bayelsa’. One of his hit tracks, ‘Sanko’, is about to hit 2 million views while his biggest hit ‘Bum Bum’ featuring Sean Paul, has already grossed over 16 million views on youtube. Timaya’s net worth is $5.5m.
09. Banky W – $7.1m
Two best music videos ever done in Nigeria to his credit (Lagos party and Wizkid’s holla at your boy) and a serious record label of his own,
Banky W is surely a force to reckon with in Nigeria’s music industry.
From Etisalat to Samsung, he has the knack to land juicy endorsement eals anytime. Started with a copycat of Rihanna’s song, he graduated
to becoming an international superstar, doing original songs and winning awards. Banky’s net worth is $7.1m.
08. Wizkid – $11.5m
From a backup artiste to Banky W to becoming a superstar, Wizkid has been transformed into international star by just one music video,
‘Holla at your Boy’. That video created the defining moment in his career.
Widely regarded as the Justin Bieber of Nigeria, Wizkid is one of the stars in the industry that many upcoming artistes look up to. What he
lacks in vocal talent, he makes up in personality appeal, Wizkid’s net worth is $11.5m.
07. Iyanya – $12.5m
From a hungry project fame ex-winner to an international famous superstar within the space of three years; that sums up the story of
Iyanya. He has shown that if you want to be successful in Nigeria, give people what they want and you will be blessed with wealth. Iyanya’s hit song, ‘Kukere’, complete with it’s one unique dance steps, currently has more than 15 million views on youtube. His networth is $12.5m.
06. Davido – $14.5m
What he lacks in physical appeal, he makes up with great vocal talent, perhaps the twisted version of Wizkid.
Davido’s two songs ‘Aye’ and ‘Gobe’ are currently having 15 million and 11 million views respectively on youtube. Son of a politician and business man, the self-styled ‘Omo Baba Olowo’ is worth $14.5m
05. 2 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 as he has not been able to do another song more popular than or even close to its popularity.
But what he lacks in hit songs, he makes up in reproduction, building future generation of Idibias. Tu Face’s net worth is $22.50m.
04. D’Banj – $25.0m
From life in the streets of the United Kingdom to MoHits and one of the biggest superstars 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 is 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’s net worth is $25.0m.
03. Flavour – $28.5m
Almost all the artistes in the industry have featured Flavour in their songs. His vocal ability is unrivaled. He is one of the very best the
industry has ever seen.
From the moment he picked up the guitar, you now he is destined for the top. Flavour N’abania is one like no other and no one could mimic
him successfully no matter how hard they try.
02. Don Jazzy – $35.0m
The only musician in this list with no song to call his own, yet, he commands so much respect and money that even the best in the industry
dare not ask who is he. Don Jazzy is a builder, a producer extraordinaire and industry pacesetter. Whatever he lays his hands on becomes gold.
He raised D’Banj to the status of international superstar, and when ’Banj left, he produced other superstars. Dorobucci, Adaobi, Eminado,
Sulurere, Banana are some of the major hits he produced after the MoHit saga. Don Jazzy’s net worth is $35.0m
01. P-Square –$72 million
They have no competition, they only compete with themselves. Outside Akon, P-Square is the biggest music stars to ever come out of Africa,
dead or alive! 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’s net worth is, $128.0 million.