Top 20 Richest Musicians In Nigeria And Their Net Worth

Who are the richest musicians in Nigeria? Music has been paying heavily in Nigeria for the past ten years. No wonder average Nigerian youths sees music as one of the the quick means to wealth and fame. Why not! When a good number of artistes have risen from nothing to something over the years, enjoying wealth that can only be imagined by their peers. The question is who is the richest among these musicians and how much are they worth? Before you read, I want you to have these in mind:-
1. Net Worth does not necessarily mean the amount of money you have in the bank. It is how much you are worth as an asset base on your works, your achievements, investments, and popularity. So, when we talk about richest musicians in Nigeria and their net worth, some of the artistes mentioned may not have the said amount of money in the bank.
2. Album/music sells is not the only means musicians make money. They make much more money from – YouTube partnership, Loyalties, ringtones, concerts, sponsorships, endorsements, and appearances.
These were factored into this rating to come up with this robust, time tested ranking of richest musicians in Nigeria. The best and most accurate you can find anywhere on the internet.
3. This list is dynamic – it changes from time to time. Someone who is on this ranking today may not be here tomorrow.
In music, your popularity determines your worth, you don’t make shit if you are not popular because popularity is what determines appearance and endorsement fees. What are the metrics to measure the popularity of an artiste? The number one means of finding out how popular a musician or music is, is by checking out the YouTube stat. If you are popular, it will show on your YouTube views, no manipulation. And if you have a great stat on YouTube, you are a great artiste, making good money even from YouTube itself.
Another means is through awards but since most music awards are heavily manipulated, we are going to skip awards and use other metrics such as endorsement and ability to pull crowed and command good appearance fees. Self promotion isn’t gonna count in this rating.
Here I present to you the top 20 richest musicians in Nigeria and their estimated net worth. Like I said before, this list is the most detailed and most accurate you can find anywhere. Enjoy and make a comment!
20. Patoranking
This guy is making name for himself in the music and entertainment industry in Nigeria and it’s not surprising that he made the top 20 richest musicians in Nigeria despite that it has not been quite long since he breaks into the limelight.
His hit song (Girlie O) featuring Tiwa Savage has grossed over 7 million views on YouTube as the time of writing this article. Patoranking’s net worth is estimated to be – $1.75 million

Patoranking

19. Yemi Alade
How she made it? I don’t know, but she is currently the biggest female musician in Nigeria after Tiwa Savage and may overtake Tiwa in a couple of years if not months.
Yemi currently has the most successful and most popular music video by any African female artiste on YouTube. The total views for “JOHNNY” as at this time is 23,622,184. Yemi Alade’s current net worth is – $2.1 million

Yemi Alade

18. Chidinma Ekile
Chidinma has one thing going for her – she is extremely likeable. That alone has skyrocketed her take home performance fees and worth to an enviable position. From a mere contestant in the MTN Project Fame to a household name in Nigeria, Chidinma has created wealth that her peers could only dream about, enough to earn her a place on this list of richest musicians in Nigeria.
Her biggest video to date is “Kedike” with 1.2 million YouTube hit, followed by “Oh Baby” featuring Flavour which currently has 875,078 views.Chidinma’s net worth is put at – $2.86 million

Chidinma Ekile

17. Duncan Mighty
Duncan Mighty has refused to step an inch away from the Niger Delta oil. With unique beats, superior voice quality, and dance step to match, he is considered one of the most successful artistes ever come out of the Niger Delta region.
His most popular song on YouTube.com is “Obianuju” and “Port Harcourt Boy” which has collective views of 3.1 million. With strong affiliation to the Niger Delta politicians, Duncan mighty is estimated to worth – $3.5 million

Duncan Mighty

16. Phyno
The only hardcore rapper I’ve ever seen in Africa. He does it like no other, providing new dimension to rap music in Nigeria and Africa in general. Phyno is to the Igbos what Olamide is for Yorubas but he does it in a completely different fashion. So good that rap haters like me are being forced to like rap music.
Phyno is a genius. Everyone wants to collaborate with him for good reasons. He is hot in the market. Phyno’s net worth is put at – $3.6 million

Phyno

15. Ice Prince
He broke into the limelight with “Oleku” featuring Brymo which currently has 3,739,023 views on YouTube. Ice Prince Zamani is one of the finest rapper in Nigeria. To me, he is better than M.I in terms of flow.
Few days ago, the picture of when he was younger and hustling hit the internet and you can see how far this guy has been transformed from a naive young boy to a world class superstar! Ice prince net worth is – $4.35 million

Ice-prince

14. Olamide
One of the craziest rapper in Nigeria and Africa. So crazy he called himself Badoo. Olamide has built name and fortune for himself in the music industry in Nigeria. Right from the day I heard his first song, I knew he was going to be big in the music industry in Africa.
His song Bobo has 1,489,330 views. He was able to overtake Patoranking due to the fact he has multiple singles with collective views of more than 5million. He is believed be to be the mastermind behind the rise of Shoki. Olamide’s current net worth is put at – $4.50 million

Olamide

13. Tiwa Savage
Welcome the queen of music in Nigeria, the sexy mama, the first lady of Mavins Record! Tiwa Savage is among the very few Nigerian artistes whose average video is grossing over 1 million on YouTube. She currently has about five videos with more than a million views each. Eminado is currently doing 10+ million views.
Her net worth is – $4.85 million and may soon crossover to ten in this rating within the next couple of months.

Tiwa Savage

12. KCee
Currently making serious wave in the Nigerian music scene, KCee, formerly a member of the KCPresh is one of the most fortunate guy in the industry. He picked the right beat at the right time, and the rest has become history.
His hit songs “Limpopo” and “Pull Over” are currently on 17.5 million views collectively on YouTube. KCee net worth is – $4.91 million

kcee

11. M.I
Regarded as the most successful rap artiste ever in Africa, M.I has built a reputation that will be too difficult for anyone to surmount. He is the president of Chocolate City Records and is credited with the rise to fame of Ice Prince Zamani.
For the sake of the record label and the stars that came through it, we are placing MI at number 11 on this list. His current net worth is – $4.94 million

MI

10. Timaya
Timaya’s vocal power is unmatched in the industry. He is one one the best and probably the most successful music star ever come out of the Niger Delta area. Far more successful than Daniel Wilson and others. He is truly the “Egberi Papa 1 of Bayelsa”.
One of his hit track “Sanko” is 4 million+ views while his biggest hit “Bum Bum” featuring Sean Paul has already grossed over 16 million on YouTube. Timaya net worth is – $5.5 million

Timaya

09. Banky W
Two best music videos ever done in Nigeria to his credit (Lagos Party and Wizkid’s Holla at ur Boy) and a serious record label of his own, Banky W is surely a force to reckon with in the Music business in Nigeria.
From Etisalat to Samsung, he has the knack to land juicy endorsement deals anytime. Started with a copycat of Rihanna’s song, he graduated to international superstar, doing original songs and winning awards. Banky W net worth is – $9.0 million

Banky w

08. Wizkid
From a backup artiste to Banky W to a superstar! Wizkid has been transformed into international star by just one music video – Holla at ur Boi! That video created the defining moment in his career and today, he is the Wizkid you and I know.
Widely regarded as the Justin Bieber of Nigeria, Wizkid is one of the stars in the industry that many upcoming artistes look up to be just like him. What he lacks in vocal talent, he makes up in personality appeal. Wizkid’s net worth is – $11.5 million

Wizkid

07. Iyanya
From a hungry project fame ex-winner to international famous superstar within the space of three years. Iyanya has shown that if you want to be successful in Nigeria, give them what they want and you will be blessed with wealth.
Iyanya’s hit song (“Kukere” complete with it’s one unique dance step) currently has more than 12 million views on YouTube. His net worth is – $12.5 million

Iyanya

06. Davido
What he lacks in physical appeal, he makes up with great vocal talent – the twisted version of Wizkid. Davido is one musician in Nigeria that I so much like his vocal talent, he is a singer and song maker extraordinaire.
His two songs “Aye” and “Gobe” are currently having 22 million and 14 million respectively on YouTube. Son of a politician and business man, Davido’ net worth is – $14.5 million

Davido

05. Tu Face
The musician everyone respects in the industry. Tu Face has become the present day legend in African pop culture. By the time he hangs his trumpet, he will be studied in universities across Africa. African Queen remains his biggest hit ever, meaning that this legend lives largely in the past glory
He has not been able to do another song more popular than the famous African Queen or even close to it’s popularity. But what he lacks in hit songs, he makes up in reproduction, building future generation of Idibias. Tu Face net worth is – $22.5 million

2 face

04. D’Banj
From life in the streets of The United Kingdom to MoHit and one of the biggest superstar Nigeria has ever seen. D’Banj has proved that what you need to become successful is in you. You don’t need to look for it elsewhere, it’s within you.
His biggest song ever is the last song produced by Don Jazzy, Oliver Twist. It dethroned P-Square’s songs (Chop my Money) temporally in 2013 as the highest viewed Nigerian song on YouTube before Personally from P-Square reclaimed the number one spot. D’Banj net worth is – $25.0 million

D’banj

03. Flavour
Almost every artiste in the industry has featured Flavour in their songs. His vocal ability is unrivaled. He is one of the very best the industry has ever seen. From the moment he picked up the guitar, you now he is destined to the top. Flavour Nabalia is one like no other and no one could mimic him successfully no matter how hard they try. He is the one and only Flavour, and after him there may be no other Flavour.
He has everything going for him. His physical appeal, pure vocal talent, and mastery of the music instruments, Flavour is everything others desires to be. His current net worth is – $28.5 million

flavour

02. Don Jazzy
The only musician in this list with no song to call his own. Yet, he command so much respect and money that even the best in the industry dare not ask who is he. Don Jazzy is a builder, a producer extraordinaire and industry pacesetter. Whatever thing he lays his hands on becomes gold. He produced D’Banj to international superstar, and when D’Banj left, he produced other superstars.
Dorobucci, Adaobi, Eminado, Sulurere, Banana – these are some of the major hits he produced after the MoHit saga. Don Jazzy net worth is – $35.0 million

Don Jazzy

01. P-Square – The Richest Musicians in Nigeria
No one does it like P-Square in the music industry in Nigeria and Africa! When you think they’ve done their best, they come up with something completely different. They have no competition, they only compete with themselves. Outside Akon, P-Square is the biggest music stars ever come out of Africa – dead or alive!
You may ask, how about Fela, Ndiaye, Lucky Dube, Blenda Fassie, Angelique (the double Grammy awards winner), and Awilo Logomba? Well, they are all legends of music in Africa but when it comes to earning and popularity allover Africa, they are no match to P-Square with all due respect.their view on youtube respectively are;Personally 42 million+.Chop My Money 24 million+.Beautiful Onyinye 22 million+.Do me 14 million+.Taste The Money 9 million+.
The only celebrity in the Nigerian entertainment industry that has mansion in Banana Island where properties are sold in billions. They are the Cristiano Ronaldo and Lionel Messi of African music. P-Square is the only artiste in Africa you dare not book with less than $100,000. P-Square net worth is – $128.0 million

P Square