Not long ago the list of the top 10 richest musicians in Nigeria 2017 – 2022 Forbes was presented to the world. In this article, we will answer the question of who is the richest Nigerian musician? Although these richest musicians in Nigeria presently have other investments apart from their musical careers, the actual fact still remains that these richest Nigerian musicians are veterans in the entertainment industry. So, if you are looking for the top 10 richest musicians in Nigeria 2017 – 2022 and their net worth, their names are below.
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Richest Nigeria Musicians
10. Timaya – Net worth N1.1 billion
Timaya is like a lion in his own Jungle and he has to be named as one of the foremost booming musicians to come out of the Niger-Delta. All his videos on YouTube have a combined number of over 20 million views. He recently lost his Instagram account due to hackers and in less than a week got almost all his followers back. That shows how much his fans like and adore him. He is worth an impressive sum of N1.1 billion.
9. Iyanya – Net worth N1.8 billion
Iyanya has shown that a lot can happen in a short period of time. Three years ago he won MTN Project fame. He has gone ahead to become one of the biggest music stars in the Nigerian music industry. The Yudala ambassador is worth an attractive sum of N1.8 billion.
8. Banky W – Net worth N2.3 billion
Taking the number 8 spot on Forbes list of the Top 10 richest musicians in Nigeria for the year 2017 – 2018 is Banky W. He is currently the CEO of the popular Nigerian Music Record Label EME. In addition, he is the brand ambassador of Etisalat and Samsung Mobile for the West African region and also has a multi-million naira deal with Ciroc.
7. Flavour – Net worth N2.5 billion
Chinedu Okoli, who is popularly called Flavour isn’t only Nigeria’s king of latest highlife music. His fame runs through the continent. He has nabbed several endorsement deals, a notable one is with NBC (Nigerian Breweries Company). The singer is valued at an estimated net worth of N2.5 Billion Naira.
6. The Psquare – Now Rudeboy and Mr. P – Net worth N20 billion.
After months of speculations on their uncertain future, Peter and Paul Okoye a.k.a Psquare finally went their separate ways last September, and there has been no sign that the singing twin brothers will reunite again. When they were together, they worth was about N15 billion but after there seperation, they both have released new songs but no new brand endorsement.
5. Davido – Net worth N30.9 billion.
David Adedeji Adeleke popularly known as Davido is one of the best musicians in the Nigerian music industry at the moment. He is presently signed with world music giants SONY records, and he’s one among the few Nigerian musicians with international recognition.
4. Innocent “2Face” Idibia – Net worth N32.5 billion.
This is the living legend of the Nigerian music industry. He makes his money from shows and endorsement deals with top brands of the country. By far he is one of the most marketable musicians in Nigeria at the moment. The number four spot on this prime ten richest list of Nigerian musicians 2017 – 2018 is well merited for 2Face Idibia.
3. D’Banj – Net worth N38 billion
The Koko Master is the third richest musician in Nigeria at the moment. He makes his money from shows and tours around the globe due to the fact he is a really strong marketable brand. He has also signed top endorsement deals which have fetched him money in recent years.
2. Don Jazzy – Net worth N39 billion
Don Jazzy is one among the top Music Producers in the Federal Republic of Nigeria at the moment. He is the richest music producer in Nigeria for the year 2017 – 2018. He is also the boss of the Top record label, MAVIN, which has stars like Iyanya, Korede Bello, Tiwa Savage and Di’ja working with the brand. He is reported to charge about N1,000,000 to produce a song which explains how he makes his money.
1. Wizkid – Net worth $50 million
Just like his name goes ‘Wizkid,’ this young Nigerian artist has actually made it big in the World and not just the Nigerian music industry. He is currently in partnership with SONY for music and also his clothing line and he is also the boss of STARBOY Record label. He has won numerous top awards, even got nominated for Grammy Awards, and recently sold out the Royal Albert Hall, which made him the first African musician to ever achieve that milestone. He is currently the most sort after artist for collaboration, feature, and so on. He is simply unstoppable.
These richest Nigerian musicians have built a strong fan base which has given them that much-needed publicity not just in Nigeria but globally. They are highly respected in the Nigerian music industry. Their popularity has given them the series of awards and because of this, they sign endorsement deals on a daily basis.