Top 5 Richest Music Artists In Nigeria And The Sources Of Their Wealth

Davido
Davido
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Nigeria is no doubt the home of Afrobeat, and we have some of the finest musicians they continent has to offer.

From the fastest risen stars like Davido and Wizkid, who came into the industry when they were barely 20 years old to the grandfathers of the industry like Flavour, Psquare and D’banj, it is no doubt filled with legends.

Well, aside the fame, the industry is also made up of some of the wealthiest citizens in the country, and majority no doubt built their career from nothing other than their talents.
We’d be seeing the top 5 richest music artists in the country with their estimated net worth and sources of income.

The 5 Richest Musicians In Nigeria And Their Estimated Net Worth

Some of the wealthiest music artists in the Nigerian music industry include:

β€’ Davido – $20 million

Born with a silver spoon, David Adeleke better known as Davido no doubt transferred a more silvery spoon to his children.

With over 15 hit songs, and a lot of endorsement deals and foreign collaboration, the DMW ceo has managed to stick his head out to the top as one of the biggest music stars in the continent today.
He has also worked with a lot of other music icons including Meek Mill, Mafikizolo, Nasty C, Rae Sremmurd, Young Thug, Uhuru and DJ Bucks.
He makes his money through YouTube, sales of his records, collaborations, endorsements and businesses.

β€’ Wizkid – $19 million

Ayodeji Ibrahim Balogun better known as Wizkid is another big head in the Nigerian music industry.

He started doing music when he was just 11 years old, and has grown to become one of the biggest singers and songwriters in the continent.
Wizkid has worked with a lot of other big entertainers including Bracket, Lynxxx, Angel, Iyanya, Ice Prince, Wande Coal, R2Bees, Young Jeezy, Wale, Akon, Drake, Uhuru, Tyga and Femi Kuti.
He makes his money through YouTube, sales of his records, collaborations, endorsements and businesses.

β€’ Don Jazzy – $18.5

Best known as Don Jazzy, Michael Collins Ajereh is another big head in the Nigerian entertainment industry.

He is the only music star at his level who doesn’t have a song of his own, and as well a comic relief personified.
Don Jazzy is the brain behind the Mavin Records, home to Rema, Korede Bello, Di’ja, DNA Twins, D’Prince, Baby Fresh, DJ Big N and other top entertainers.
He makes his money through entertainment and business.

β€’ Burnaboy – $17 million

Damini Ebunoluwa Ogulu better known as Burna Boy is another top Nigerian singer and songwriter, and he started making music in 2012.

He was born and brought up in Port Harcourt, Rivers State but his mother was a dancer for legendary singer, Fela Kuti.
The artist was a Grammy 2020 finalist, and his album African Giant is rated among the best Afrobeat albums of all times.
Burna Boy makes his money through YouTube, sales of his records, collaborations, endorsements and businesses.

β€’ 2Face – $16 million

Innocent Ujah Idibia professionally known as 2Face or 2Baba is another big head in the Nigerian music industry, and came into limelight after his song, African Queen in 2004.

He is also one of the millennium Afrobeat stars, and his consistency has helped him stick to the top even after nearly two decades of an active entertainment career.

2baba makes his money through YouTube, sales of his records, collaborations, endorsements and businesses.
He is married to fellow entertainer, Annie Macaulay-Idibia and is estimated to be net worth over $16 million.

There are a lot of other top Nigerian music stars, but we’d be sticking to these five.
Who is your favourite among them? Kindly drop us a comment and don’t forget to share to your friends.

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