Music
industry in Nigeria has fast grown in a pace no one had expected as we have
Nigerian artist standing shoulder to shoulder with their counterparts all over
the world.
Here
is the list of top 10 Nigerian musician with their networth;
10. 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
9. 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. 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.
6. 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.
5. 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.
4. 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.
3. 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.
2. 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. Psquare
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, mouthwatering
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.
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