In time past Nigerian parents rebuked
their wards for dare dreaming about becoming musicians. You dare not
harbor such thoughts talk more of telling your parents about it. You’ll
get a good dose of the cane and rebuke.
Fast forward to the present, music is probably one sure way to earn a good fortune for yourself. ‘Music dey pay pass some white collar jobs these days’ and we all know these.
Some of of our artistes have been able to beat others to top the list of the richest Nigeria Artist, These values are estimated net worth (a realistic measure of wealth) and hence used to rank these artistes.
If
your favorite is not on the list, there can only be one solution. They
have to double their efforts to appear on the list next time.
- Timaya
Ekperipapa
1 of Bayelsa Timaya is one of Nigeria’s to ten richest musicians. The
dancehall king net worth comes from heavy booking fees, brand
endorsement and not so much from music sales. Timaya is brand ambassador
to Glo and Hennessy X. O. Cognac. His estimated net worth N1.1 Billion Naira
- Iyanya
Iyanya
who hails from Cross River State hit stardom after he won the maiden
edition of MTN project fame. After that first shot at fame subsided, he
bounced back with one of the biggest hit song in his career ‘Kukere’.
Iyanya has been brand ambassador to MTN, Solo phones, Dunes Nigeria and
Cross River State tourism ambassador. Iyanya’s estimated net worth is put at N 1.8 Billion Naira.
8: Banky W
Nigeria’s
own king of R&B Banky W has a good share of the money generated in
the music industry. A mentor to Wizkid, Banky is one of the longest
serving brand ambassador for Samsung Africa. He is also ambassador to
many multinational corporations and most importantly co-founder of EME
records. All these and many more put his total estimated net worth at N2.3 Billion Naira.
7: Flavo
Flavour
Chinedu
Okoli, who is popularly known as Flavour is not only Nigeria’s king of
contemporary highlife music, his fame runs through Africa. The
dreadlocks sporting musician rakes in good cash performing at big events
around Africa and overseas 3 – 4 times in a week all year long. He has
backed many endorsement deals, one notably with NBC (Nigerian Breweries
Company). The singer is valued at an estimated net worth of N2.5 Billion Naira.
- Wizkid
Star boy! Wizkid
who has been a big sensation on the Nigerian music scene cuts big
checks yo! He is one artiste that doesn’t run short of endorsement
deals, from MTN, to Glo, Pepsi etc. Wizkid who is now a bona-fide Sony
Music act charges heavy fees to perform at shows. Wizkid is CEO of
StarBoy Worldwide, his estimated net worth is N2.8 Billion Naira. His Sony Music deal excluded.
- Davido
One
time for OBO – Omo Baba Olowo). Since his entry into the Nigerian music
industry, Davido has always shown he has loads of money, especially
when you put in mind his Nigerian billionaire father. Well, besides his
father’s mulla Davido rakes in millions for himself monthly. He is well
known for his ostentatious lifestyle, a Sony Music act as well as
Wizkid. Davido’s estimated net worth is N2.9 Billion Naira.
- 2face
2face
who now prefers to be addressed as 2Baba is the most prominent of the
defunct music group Plantashun Boyz. 2Baba has a music career spanning
over 20 years and he has a lot of money in the bank to show for it.
Aside his normal booking fees and numerous endorsements, 2Baba is a real
estate investor. He owns the popular Rumours Night Club situated in
Festac, Victoria Island and Ikeja. The ‘African Queen’ is valued at
about estimated net worth of N4.5 Billion Naira.
- D’banj
These
days D’banj, one of Nigeria’s biggest music export is more of a shrewd
business man. He is CEO of DB records and Koko Holdings. D’banj has a
multitude of endorsements from United Nations, Bank of Industry, Slot
etc. The ‘Oliver Twist’ crooner has an estimated net worth of N5 Billion Naira.
- Don Jazzy
Don
Jazzy who was a former partner with D’banj during the defunct Mo’Hits
era makes number two spot. Now Don Jazzy is the CEO of the Mavin
Records. Micheal Collins has had a good number of endorsement from
Samsung to Johnny Walker. He has several investments and most recently
his newest company Flobyt. The ace music producer is valued at an estimated net worth of N6.5 Billion Naira.
1: P Square
Sitting
on the top of the list is Africa’s most successful singing duo Psquare.
The singers who are from Anambra State Nigeria, are highest earning
Nigerian musicians. Booking Psquare for a show definitely cost a lot as
the twin charge the highest fee. Much of their money comes from booking
fees, mouth watering endorsement deals, music sales and other
investments. Psquare are highest grossing Nigerian artistes on YouTube.
The ‘Bank Alert’ crooners own multi-million naira homes in of the best
neighbourhood in Lagos. The estimated net worth of the singing twins is put at an impressive N15 Billion Naira.
