Without a cubicle for argument, the country is the entertainment hub of Africa and boasts of a plethora of music artists who rakes in millions of dollars, who have shone bright like shooting stars in international platforms and some are as rich as a country (small ones though).
Before the list below, the following should be noted.
The net worth of this music stars isn’t static, it’s wave-like, alternating up and down as the clock ticks, so this list is subject to annotations and editing.
The yardsticks employed in this rich list measurement includes but not limited to; Endorsement deals, royalties, performance fees, YouTube rewards, label imprint ownership and collaboration profits.
This list won’t plunge deep into their biographies, it will be summarized in brevity, if you want their full biographies you can check them on our site.
Their net worth are estimated and not really the actual value as most artists if not all, have reservations when it comes to divulging accurate financial details about their private lives.
The estimates are sourced from the yardsticks mentioned in number 2 of these things you’re to take note of.
And just in case you are confused about the idea of Net worth, see this; it really has little to do with any bank statement or account balance.
It’s how much an individual is worth, after a detailed compilation of that individual’s assets and sources of income over a particular period of time, which is why it’s never the same, because some might get hit by one ugly financial misfortune which will shortchange their worth, while some might get more serious with their investment plan an up their game.
Below are the Top 10 Richest Musicians in Nigeria and Their Worth (2018)
Table of Contents
- Peter and Paul Okoye (Formerly PSquare)
- Don Jazzy
- Tu Baba
- Banky W
That was a stepping stone for Tu Face into the legendary status he enjoys now in the music scene.
With a compacted itinerary of events to grace, endorsement deals and investments, Nigeria’s living music legend is with a net worth of N4.5 Billion naira
It’s sheer fantastic how sticking to your cultural precepts and style while infusing it into music can grant one access to stardom and of course wealth.
This is the case of Flavour who set his foot on the door from the backdrop of drumming and even playing anything that could ignite music pleasures.
And then things got awesome when he decided to venture into singing, singing for the most part, in his descent dialect which even gave him an identity before he went western recently.
He has done multiple collaborations with both local and international artists, won host of awards and his finances has seen an astronomical increase over the years.
His net worth stands at N2.5 Billion Naira.
Olubankole Wellington with the stage name Banky W is a Nigerian singer who is well famous for the kind of romantic songs he dishes out.
He employs his foreign birth history (Born in the United States) into his music style and if you aren’t careful you could mistake him for a whitey.
After a family relocation from the states back to mother land, he went back again for studies and returned home for the love of green and white.
He floated the Empire Mates Entertainment record label while in school in the states and brought the brand home to sign up and breed great artists.
His love songs are epic and emotional, captivating hearts and endearing him to many.
His music videos involves some mild dance moves, suits and hats, think of Michael Jackson? Yea, something like that.
He has made plenty of the money everyone needs through his EME records, collaborations, deals and most recently, he ventured into acting.
He’s a billionaire, thanks to music and his net worth is valued at N2.3 Billion Naira.
Popularly known for the “Kukere” song and dance, Iyanya got his start from MTN PROJECT FAME, a music competition where he emerged winner of it’s maiden edition.
That was the vehicle he drove to success.
From humble Calabar roots, Project Fame took him to Lagos where we was well famed via his hardwork and incredible talent.
His singles are fabulous and steers up excitement in listeners which is not void of intense dancing.
Iyanya himself is a very fine dancer with his waist doing most of the dancing to the delight of his female fans.
His thrilling performance in numerous shows is a pointer to his aficionado in music.
He’s a recipient of numerous awards and ambassador for different brands.
Iyanya’s net worth is estimated at N1.9 Billion Naira.
Known as “BADOO” the voice from the street.
Olamide is a singer and rapper with most of his punchlines reeled out in his native Yoruba lingua.
He has made a name for himself in the Lagos entertainment industry as the champion of the street, giving a hope to those who were once like him that hard work pays.
Steadily he drops his singles in a radical style that reflects his street roots.
He raps majorly and collaborates with other artists in a spiced up mix.
He runs his own annual show tagged “OLAMIDE LIVE IN CONCERT”.
This show shuts down the city of Lagos and is goodnews for his pockets.
Lots of performances and deals directs traffic to his income including his record label.
He has created dancing steps that have gone viral and strengthened his credibility and popularity.
For his hard work and fame, his net worth is estimated at N1.9 Billion Naira.
Below is list of the top 10 richest musicians in Nigeria and their worth 2018
- Don Jazzy
- Tu Baba
- Banky W