Attempting to list the Top 100 Richest Musicians in Nigeria is never an easy task as most if not all musicians in Nigeria do not authoritatively disclose their true worth.
There are lot musicians in Nigeria, more than you can even imagine there is, and more keeps joining up from the “upcoming” category every now and then. When the question of who the richest musicians in Nigeria are, you can’t but just stumble into an argument with a fan of this artist or that social media persona. But we’ll do as much as we can to put that question to rest by bringing you the top 100 richest musicians in Nigeria.
Calm down! This wouldn’t be the longest post on the internet. We would just briefly look at the top thirty and provide you with a list of the rest. Remember – Money and Fame are Siamese twins in any country’s music industry, and Nigeria isn’t an exemption so most of the name’s that’ll be mentioned in this post are familiar ones.
Without wasting any more time, let’s have our list, while we talk briefly about the top 30. Please note that this list is from well researched and confirmed sources. Although we cannot come up with a conclusive list of the richest musicians in Nigeria but when we consider factors like Album sales, Endorsement deals, side business, property acquisition, and so on and so forth. So this list might not be a hundred percent correct but it’s sure as close as you can possibly get. With that out of the way, let’s go:
Top 100 Richest Musicians in Nigeria:
P-Square are those musicians that will definitely make you rep if you’re Nigerian, when richest musicians not only in Nigeria but in Africa are called into question. They are arguably the richest twin musicians in the world, also in the top 10 Richest musicians in Africa and highest paid musicians in Nigeria. They have more YouTube views than all other African musicians combined. They have endorsement deals with Olympic milk, and of course they are Globacom Telecom’s most prized ambassadors. Glo sponsors Peter’s TV show – Dance with Peter, a show which has successfully garnered over 3 million views on YouTube. They recently tried breaking up but of course, as expected, they are back together. They are really active businessmen and some of the few who own at least a mansion in the billionaire ‘Banana Island’ neighborhood.
2. DON JAZZY
Don Baba J, as he’s popularly referred to, would make this list a pile of crap if he’s absent on it. He’s one of the richest music producers in Africa, and he’s a brand ambassador for brands like Loya Milk, Konga online mall, and of course, Samsung. He’s the CEO of the globally known Mavin Records. He recently used his connection to get some of his artistes (Korede Bello, Reekado Banks, Di’ja) Globacom sponsorship deals. He didn’t stop at that, he went on to push through for an international deal for Mavin’s ‘first lady.’
2face, who is a globally celebrated artiste is one of the finest musicians Nigeria has ever produced, judging from how many celebrities turned up for his 41st birthday anniversary. Right from his Plantashun Boiz days to breaking solo, one would have known that 2face would surely be up there before long. The internationally acclaimed artiste with various songs and six albums under his belt is Airtel’s mega ambassador and a judge on The Voice. He’s one of the most expensive artistes in Africa to book for events.
Eja N’la (Big Fish) as he preferred to be referred to is a mega-artiste and an ambassador for World Bank. He has ventured into different businesses and some are still thriving (like his Koko garri). He has somewhat dipped in form after his split with Don Jazzy but we can put that on his business ventures. He’s a shrewd businessman who knows his onions when business is to be merged with musical career. He is the CEO of DB Records, the label he started after splitting with former partner Don Jazzy. He is also a brand ambassador for mobile retail outfit – Slot.
Wizkid is presently on a roll with international artistes, dropping new bangers every now and again. He is a brand ambassador for giant brands like Globacom telecommunications and Pepsi. ‘Small in stature but very huge in income’. He obviously has a soft spot for automobiles as can be detected from his collections. Wizkid has gone far from when he sang “Holla At Your Boy” to collaborating with R.Kelly, Trey Songz, Tinie Tempah, Drake and so on.
Everywhere he goes, he calls himself the son of the rich man (meaning of O.B.O) but he has done really well for himself too. He is one of the artistes at the top of the food chain, and he’s one of the major shareholders of the HKN music group. He is also a brand ambassador for telecommunications giant MTN and a Sony Africa music ambassador. David Oyeleke really knows which baskets to put his eggs when signing endorsement deals are concerned. The “E Ma Da Mi Duro” crooner is presently one of the biggest artistes in Africa.
7. FLAVOUR N’ABANIA
Flavour is so versatile; everyone wants him featured on their track. Chinedu Okoli is one of the biggest highlife singers in Africa. Since his rise to fame for his ‘Nwa Baby (Ashawo remix) song, he has gone on to bigger and better things in the music industry. Known for his vocal and prowess and shaped physical structure, the ‘Ada Ada’ crooner is worth way more than many people think he does. Amongst a few other endorsement deals, his deal with Globacom comes first.
8. BANKY W
He hasn’t been the best at brand management but Banky Wellington is definitely doing well for himself on the music scene. He is the CEO of EME Records and the brain behind the outburst of musicians like Skales and Wizkid. He’s an ambassador for Ciroc, Samsung, and mobile telecom brand; MTN. Banky W is said to be working on his album and without too much contemplation, it’s going to be hotter than subsequent ones.
Bukole “Asa” Elemide, is a Nigerian-French singer who is highly respected both in Nigeria and on a global level. She has more than a few hits, and almost every Nigerian has heard her sing. If you haven’t, listen well to the song that plays when you walk into a GTBank. Asa is one of the quiet rich ones when Nigerian artistes are concerned, and she sure knows how to time the drop of her hit singles/albums.
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Aside from showing his six packs on Instagram, he knows his music stuff too. If you think MTN Project fame can’t make you famous, then Iyanya will immediately tell you a different story. Less than four years after winning the competition, he has gone to drop hit singles and he’s presently a brand ambassador for retail outfit – Yudala. He recently just started a new record label and he’s one of those who is always on the social media.