Top 20 Richest Musicians in Nigeria (Updated) – September 2018 Forbes List

Top 20 Richest Musicians and Richest Musicians in Nigeria – P square, Patoranking and Phyno Tops

Before we write on Top 20 Richest Musicians, have you considered Many people who spend numerous years studying for one prestigious course or the other in order  to make fortunes and wealth in life. However, there  are those who are just  ragging  their voices making noise  and  yet they are ,making millions of naira daily form their noises.

20 Richest Musicians

20 Richest Musicians

Someone will just wake up one morning and starting shakiti bobo bobo and make good money while many graduates are just busy disturbing and roaming the Street.

This article is about the June 2018 Forbes List of Riches Musicians in Nigeria

Besides the showbiz life, the rented things for the music videos and the exposed overrated things, and all, most musicians have quite comfortable life. And for the wise, the music career is only a form of leverage to acquire investment and to use things for alternative sources of income.

We can not conclusively come to a list of the richest artists in Nigeria, but we can confidently say that this list is pretty close. Endorsement deals are signed daily, some artists are sold by their brands, some acquire and / or lose properties, some never reveal how much they are really worth, making it difficult to compile a correct list. But if you want to have an idea of ​​Nigeria’s highest, richest artists, then the below list of top 20 richest musicians in Nigeria will give you an insider.

  1. Davido 

Davido should probably top this list when the wealth of the parent was also taken into account. He is an OBO (Omo Baba Olowo) and he has done an amazing job of collecting wealth for himself.

Davido Recently gave the girlfriend assurance when he bought a 2 million car for her. This has been drawing some talks among fans stating that the Music icon only bought the car to appreciate Chioma’s food.

He’s the lead act in his HKN music group and he’s worth N2.9 billion

                   2. Wizkid 

Wizkid has made a name for himself in EME records, where he published his “Holla at your boi”, which shot him into the limelight. Since then he has been one of the biggest stars in Nigeria. Wizkid is an ambassador for the huge brand Pepsi and Globacom and he is supposedly worth a nudge of N2.8 billion.

             3. Don Jazzy

This would be the only person on this list who has presented in a whole series of songs, but has no track to call his own. Don Jazzy is one of the richest (if not the richest) in Africa.

He has a confirmation from brands such as Samsung, Loya Milk, Konga and so on. He is also CEO and chairman of the popular Mavin Records. He’s worth N6.5 billion.

Their net worth stands on a monstrous N15 billion.

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And that’s it on the list of top 20 Richest Musicians in Nigeria 2018. Please it

                4. P-square

Peter and Paul Okoye are the richest twins, not just in Africa, but in the world. Every other rich twin is on a different planet.

Out of the top 10 most viewed African music videos on YouTube, P-Square has five, so other African musicians share the remaining five.

top 20 richest musician in nigeria 2017

top 20 richest musician in nigeria 2018

The boys are rich

They are not just musicians; They are clever businessmen who do not allow family feelings to come in the way of their money. The brothers were said to had played together with Mikel Obi who is among the Highest paid Nigerian Footballer 2018

Having both perform in your event cost more than any other African artiste and they are the only Nigerian musicians who own a mansion in the billionaire neighborhood – Banana Island.

                  5. D’Banj 

Everyone in the Nigerian music industry knows D’Banj as a scorer and someone who barely takes “no” for an answer.

He founded the popular Mo’Hits music record label with Don Jazzy before concentrating on his own DB Records.

20 Richest Musicians

20 Richest Musicians

D’Banj is more a business man than a musician and he is an ambassador of the World Bank to the fight against poverty in Africa. He has a few deals of himself and he is worth a reported sum of N5 billion.

6. Innocent “2Face” Idibia 

He is not as innocent as his name, with his baby mummy dramas, but he has an extremely sympathetic personality in the Nigerian music industry. A fact that was confirmed to judge how many people showed up for his 41st birthday celebration.

2Face has enough money to cover up for his youthful exuberance, as his net worth stands at N4.5 billion.

 

 

  1. Flavour N’abania

The Nigeria multi- instrumentalist popularly by his Stage name “Flavour N’abania has been featured by almost every artist in Nigeria. The versatile singer has been a relevant personality since the spotlight. He knows exactly what it is, what people want to hear, and he delivers exactly that with the help of his guitar.

He is a Globacom ambassador, the same company that has supported the richest musicians in Nigeria. As at the time of compiling this list of top 20 Richest Musicians in Nigeria, Flavour worth about N2.5 billion.

  1. Banky W 

Banky W is the CEO of the popular EME music label and he is responsible for the spotlight, Wizkid and Skales.

He is certainly a force with which one can count on in the Nigerian music industry and he is an ambassador for top brands like Ciroc, Samsung, MTN and so on. The EME boss is supposedly worth a N2.3 billion.

Banky W is also an actor and his movie wedding party has been trending for years now with a perfect character demonstrated by him. Though he is also into acting, he is not among the Richest Nigerian Actors in Nigeria

  1. Iyanya 
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Talking about Iyanya, he  has shown that much can happen in a short time; A time as short as three years ago, when he won MTN’s project fame. He is progressing to become one of the greatest music stars of the Nigerian music industry. The Yudala ambassador is worth an attractive sum of N1.8 billion.

  1. Timaya

Timaya is a lion in his own jungle and he must be designated as one of the most successful 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 to hackers and in less than a week almost all of his followers returned. This is to show how much his fans like and worship him. He is worth an impressive sum of N1.1 billion.

that burst songs. Its current net worth stands at an impressive N985 million.

  1. Jew “M.I” Abaga 

M.I is probably the most successful rapper in Africa ( I call him baba for the rappers). The CEO of Chocolate City music group is like a big brother for rapper Jesse Jagz, Ice Prince and Koker and he has a reputation that would be very hard to overthrow. The Globacom ambassador is worth a reported sum of N995 million.

  1. KCee

The Triple MG Star has a lot of views on YouTube and not surprising, he gave N300,000 to a random Recharge card seller at Ikeja, Lagos, a few weeks back.

He holds the release of tracks to stay in fame, his songs ‘Pull Over’ and ‘Limpopo’ are some of his sound waves

  1. Tiwa Savage 

She is an ambassador for various brands like Pepsi, Huggies, MTN, and she shows no sign of recovery. Her “Eminado” song has over 7 million views on YouTube and she is currently shooting videos for her new album – RED. The first lady of the Mavin crew has a lot for her, which brings her current net worth to N980 million.

  1. Olamide 

A very interesting thing that will tell you where Olami’s song is played is that even people who do not even understand a word would still get their groove.

The Guinness Ambassador is one of the most sympathetic rappers in Nigeria. He is not just a genius; He has put a platform through his YBNL record label for other rappers to get into the limelight. Lil ‘kesh and Adekunle Gold are living examples. He currently has a net worth of around N900 million.

  1. Phyno 

The Enugu State Music singer, rapper and song writer is one of the few rappers in Nigeria who puts their native dialects into their songs. One of the most fascinating things about his song is the fact that one can communicate with what he says, even if one does not understand it.

He is an Airtel and NairaBet ambassador. Phyno is said to worth around N870 million as at the time of compiling this lists of top 20 Richest Musicians in Nigeria .

  1. ICE PRINCE 
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No other ice-prince song has reached Olekus 3.1 million views on YouTube. The rapper, who has signed a chocolate town next to his brother and Jesse Jagz. Ice Prince, who is one of the most striking musicians in Nigeria, has done fantastic since he entered the spotlight and does not see that he will soon be dropped.

As at the time of compiling this list of top 20 richest musicians in Nigeria, ICE Prince worth around N820 million.

  1. Duncan Mighty

The one unique thing about the Niger Delta Music singer is that he has always been in the habit of talking about his wealth, houses, cars, and so on. The singers most popular songs – “Obianuju” and “Porthacourt Boy” have combined views of over 3 million on YouTube. He has a strong affiliation with the Niger Delta politicians and he worth around N700 million.

  1. Chidinma Ekile 

It is small in size, but not in financial size. The song that brought her to the spotlight, “Kedike” has one of the highest views on YouTube. Although there was a speculation about her dating another of the richest musicians in Nigeria, she remains undisturbed as she rages into her money. As at the time of compiling this lists of top 20 Richest Musicians in Nigeria, Chidinma Ekile has a net worth of around N580 million.

  1. Yemi Alade

She has just dropped her Mama Africa album and her selling pretty fast. Yemi Alade is not only a strong singer, but one who knows exactly what the fans want! And do everything it takes to make sure that is exactly what it delivers. The “King of the Queens” was predicted to overthrow Tiwa Savage as the richest and most popular Nigerian singer. Its net assets are expected to be around N560 million.

  1. Patoranking

The “Girlie O” Crooner, the song has over 6 million YouTube views, has already made a name for himself since he came to the music scene. Trying as much as possible, so as not to fall from the surface of the music industry, Patoranking has done a praiseworthy work to stay in the limelight. As at the time of compiling this lists of top 20 Richest Musicians in Nigeria, Patoranking is said to worth around N400 million.

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7 Comments

  1. Pingback: Highest Paid Nigerian Footballer 2017/2018 : Who is the richest Footballer

  2. mr james

    January 19, 2018 at 4:14 am

    contact via on any hookup

    • Bridget

      June 12, 2018 at 4:17 pm

      The richest footballer is Ronaldo

  3. Bridget

    June 12, 2018 at 4:13 pm

    This is not true

  4. Victoria Ade

    August 2, 2018 at 8:19 am

    Psquare is the richest. Thanks for the article infowaka

  5. Johnson otunba

    August 2, 2018 at 8:21 am

    I thought wizkid was the richest.

    • Peters Edi

      August 2, 2018 at 8:45 am

      He is among the list

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