Top 10 Richest Artists in Nigeria
As a music lover and avid follower of the Nigerian music industry, I have compiled a list of the top 10 richest artists in Nigeria. This list is based on their net worth, endorsement deals, and other sources of income.
Main Curiosities, Top Statistics, Facts, and Interesting Information
- Wizkid is the richest artist in Nigeria with a net worth of over $20 million.
- Davido is the second richest artist in Nigeria with a net worth of over $16 million.
- Burna Boy is the third richest artist in Nigeria with a net worth of over $10 million.
- Other artists on the list include Don Jazzy, 2face Idibia, and Tiwa Savage.
- The Nigerian music industry is estimated to be worth over $86 million.
1. Wizkid
Wizkid, whose real name is Ayodeji Ibrahim Balogun, is the richest artist in Nigeria with a net worth of over $20 million. He started his music career at the age of 11 and has since released several hit songs that have topped charts both in Nigeria and internationally.
Aside from his music career, Wizkid also has several endorsement deals with top brands including Pepsi and Tecno Mobile.
My personal favorite Wizkid song is Ojuelegba. I remember listening to it for the first time and feeling a sense of pride for my Nigerian heritage.
2. Davido
Davido, whose real name is David Adeleke, is the second richest artist in Nigeria with a net worth of over $16 million. He is known for his energetic performances and catchy songs.
Aside from his music career, Davido also owns a record label, DMW, and has several endorsement deals with top brands including Pepsi and Infinix Mobile.
I prefer Davido’s If because of its catchy beat and relatable lyrics.
3. Burna Boy
Burna Boy, whose real name is Damini Ebunoluwa Ogulu, is the third richest artist in Nigeria with a net worth of over $10 million. He is known for his unique sound and Afrofusion style of music.
Burna Boy has won several awards both locally and internationally, including the Grammy Award for Best Global Music Album in 2021.
I did a little dance when Burna Boy won the Grammy because I felt like it was a win for Nigeria and African music as a whole.
4. Don Jazzy
Don Jazzy, whose real name is Michael Collins Ajereh, is a music producer and the founder of Mavin Records. He is the fourth richest artist in Nigeria with a net worth of over $9 million.
Don Jazzy has produced hit songs for several artists including D’banj, Wande Coal, and Tiwa Savage.
One of my favorite songs produced by Don Jazzy is Oliver Twist by D’banj. It was a huge hit both in Nigeria and internationally.
5. 2face Idibia
2face Idibia, whose real name is Innocent Ujah Idibia, is a singer and songwriter. He is the fifth richest artist in Nigeria with a net worth of over $6 million.
2face Idibia has released several hit songs including African Queen and If Love Is a Crime. He is also a philanthropist and has been involved in several charitable projects.
African Queen is one of my all-time favorite Nigerian songs. It’s a classic that never gets old.
6. Olamide
Olamide, whose real name is Olamide Adedeji, is a rapper and singer. He is the sixth richest artist in Nigeria with a net worth of over $5 million.
Olamide is known for his unique style of music which blends Afrobeat and hip-hop. He has released several hit songs including Wo, Motigbana, and Pawon.
Wo is one of my favorite Olamide songs. It’s a feel-good song that always puts me in a good mood.
7. Phyno
Phyno, whose real name is Chibuzor Nelson Azubuike, is a rapper and singer. He is the seventh richest artist in Nigeria with a net worth of over $4 million.
Phyno is known for his unique style of music which blends Igbo culture and hip-hop. He has released several hit songs including Fada Fada, Connect, and Obiagu.
I love Fada Fada because it celebrates the Igbo culture and reminds me of my roots.
8. Timaya
Timaya, whose real name is Enetimi Alfred Odom, is a singer and songwriter. He is the eighth richest artist in Nigeria with a net worth of over $3 million.
Timaya is known for his unique style of music which blends Afrobeat, reggae, and dancehall. He has released several hit songs including Ukwu, Bum Bum, and I Can’t Kill Myself.
Bum Bum is one of my favorite Timaya songs. It’s a fun, upbeat song that always gets the party started.
9. Yemi Alade
Yemi Alade, whose real name is Yemi Eberechi Alade, is a singer and songwriter. She is the ninth richest artist in Nigeria with a net worth of over $2 million.
Yemi Alade is known for her unique style of music which blends Afrobeat and pop. She has released several hit songs including Johnny, Taking Over Me, and Tangerine.
Johnny is one of my favorite Yemi Alade songs. It’s a catchy song that tells a relatable story.
10. Tiwa Savage
Tiwa Savage, whose real name is Tiwatope Savage, is a singer and songwriter. She is the tenth richest artist in Nigeria with a net worth of over $1.5 million.
Tiwa Savage is known for her unique style of music which blends Afrobeat, R&B, and pop. She has released several hit songs including All Over, Ma Lo, and My Darling.
All Over is one of my favorite Tiwa Savage songs. It’s a feel-good song that always gets me dancing.
FAQs
Who is the richest artist in Nigeria?
Wizkid is the richest artist in Nigeria with a net worth of over $20 million.
Who is the second richest artist in Nigeria?
Davido is the second richest artist in Nigeria with a net worth of over $16 million.
Who is the third richest artist in Nigeria?
Burna Boy is the third richest artist in Nigeria with a net worth of over $10 million.
What is the estimated worth of the Nigerian music industry?
The Nigerian music industry is estimated to be worth over $86 million.
Who is the founder of Mavin Records?
Don Jazzy is the founder of Mavin Records.
What is the most popular Nigerian song?
The most popular Nigerian song is This Is Nigeria by Falz.