Richest Musicians in Nigeria – The Nigerian music industry is one of the most popular sectors in the entertainment world. Over the years, the industry has grown from one level to another, producing interesting and high-quality music in Africa that keeps one glued to the screen.
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These people are household names in the Nigerian music industry, and all of them definitely deserve the fame they already possess. Besides, these famous and richest Nigerian musicians not only make money for themselves but also enhance the country’s reputation in Africa and worldwide.
Who Are The Richest Musician in Nigeria
A high standard of living is influenced by the Nigerian music Industry due to its pay, this makes acquiring the luxury they desire easy.
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|#7||Mr. P (Peter Psquare)||₦4.8 Billion|
|#6||Tiwa Savage||₦5 Billion|
|#5||Rude Boy||₦6 Billion|
|#4||Burna Boy||₦6.3 Billion|
|#3||Don Jazzy||₦7.7 Billion|
|#2||Davido||₦8. 2 Billion|
Top 10 Richest musicians in Nigeria
Timaya Net Worth – ₦4.5 Billion
Inetimi Timaya Odon popularly known by his stage name Timaya is a Nigerian singer and songwriter. He is the founder of Dem Mama Records Limited. His solo career began in 2005 with the release of his first single “Dem Mama”, which also appeared in his debut album, True Story released the following year. His second album Gift and Grace was released in 2008.
Timaya Odon was born on 15 August 1977 in Port Harcourt, Rivers State, he is also an indigene of River state. He grew up as part of a large family; the youngest out of fifteen children in Agip Estate, Port Harcourt. His father was a banker and his mother was a trader. For his early education, Odon attended Assemblies of God Nursery And Primary School, He started His secondary school education at Nkpolu Oroworukwo in Port Harcourt River State Nigeria, He would always break house rules to attend late-night music events. Before Timaya even graduates from school, his mother had already arranged for him to travel with his older brother and older sister to Lagos. After moving to Lagos state, he gained admission into Lagos’ Ikeja Grammar School, where he eventually obtained a secondary school certificate.
Olamide Net Worth – ₦4.7 Billion
Popular Nigerian singer Olamide is one among many other fast-rising stars. The “Baddo” master sure knows how to make his fans happy by giving them good and entertaining music.
Popularly known as “Baddo” or “Baddosneh”, Olamide whose full name is Adedeji Olamide was born and raised in Bariga, in the city of Lagos on the 15th of March 1989. He is one of the most promising music artists in Nigeria. He also goes by other stage names which include “Baddo”, YNBL, Young Erikina, and Baddest Boy Ever Liveth”. It’s no doubt that Olamide belongs to a clique of young musicians that are taking Nigerian music to the next level.
- Also read Olamide’s Biography, Cars, And Net Worth
2Baba Net Worth – ₦4.7 Billion
Innocent Idibia popularly known as 2face or 2baba is one of Nigeria’s foremost musicians known for doing good and quality music. He started with a group called Plantashun Boiz and after a while went solo, his music career has continued to flourish continuously. The release of the album African Queen’ brought him to the limelight in 2004 and since then he has remained on top of his game as every of his song is a major hit. He has won himself awards like the Headies, MTV Music Awards, and BET Awards.
Tuface has acquired quite a good amount of luxury ranging from cars to mansions but he likes to keep his life very private. He owns a Ferrari Coupe that is believed to cost millions of Naira.
Mr P (Peter Psquare) Net Worth – ₦4.8 Billion
It is almost impossible to talk about Mr P without referring to the now-inoperative P-square. “P-square” is the stage name of the identical Okoye twins. They are both brothers who chose to do things together, including writing and performing songs.
The first P-square hit was their single titled “Senorita” and it was followed by several other hits which brought them opportunities all over the world.
Tiwa Savage Net Worth – ₦5 Billion
Tiwatope Savage popularly known as Tiwa Savage or mummy Jam Jam is a Nigerian singer, songwriter, and actress, born on the 2nd of February 1980 in Isale Eko, she relocated to London when she was 11 years old for her secondary school education. She became backup vocals for American artists such as George Michael and Mary J. Blige. After participating in the UK edition of The X Factor and graduating from Berklee College of Music, Tiwa Savage signed a publishing deal with Sony/ATV Music Publishing in 2009, she saw how rapid the Nigerian music industry growing she was inspired then Tiwa Savage moved back to Nigeria and signed a record with Mavin Records in 2012. She made an appearance on the label’s 2012 compilation album Solar Plexus.
Tiwa savage debut studio album Once Upon a Time was released on 3 July 2013. It was supported by several singles: “Kele Kele Love”, “Love Me (3x)”, “Without My Heart”, “Ife Wa Gbona”, “Folarin”, “Olorun Mi” and “Eminado”. The album was nominated for Best Album of the Year at the 2014 Nigeria Entertainment Awards and for Best R&B/Pop Album at The Headies in 2014. Tiwa Savage’s sophomore studio album R.E.D was released on 19 December 2015. It came out with two singles: “My Darlin” and “Standing Ovation”. In June 2016, Tiwa Savage signed a management and publishing deal with Jayz Roc Nation, In September 2017, she released her debut EP Sugarcane.
Rude Boy Net Worth – ₦6 Billion
Rude Boy is the stage name of one of the duos who made up the famous P-square band. So, it is almost impossible to talk about him without mentioning P-square.
P-square came into existence in 2003 when Paul Okoye (Rude Boy) and his twin brother started doing music together publicly. Their name was all over the place because they caused a major transformation in the Nigeria Music Industry. Rude Boy combined both singing and dancing as his skills. People often referred to him as the one with dreadlocks whenever they wanted to differentiate him from his identical twin brother.
Burna Boy Net Worth – ₦7.3 Billion
Damini Ebunoluwa Ogulu, known professionally as Burna Boy, is a Nigerian singer, songwriter, rapper and dancer. He rose to prominence in 2012 after releasing “Like to Party”, the lead single from his debut studio album L.I.F.E.
It’s been a busy year for Burna Boy. The Nigerian sensation dropped Twice as Tall in August, but as he was perfecting the final touches on his latest album, Burna Boy who is one of the Richest Musicians In Nigeria currently has an estimated net worth of ₦7.3 Billion.
Don Jazzy Net Worth – ₦7.7 billion
The title of a “Don” isn’t one that is answered by all, as the title is befitting for those that are wealthy, rich and upright while some are just been called some are actually living the “Don” life and one of such people is Michael Collins Ajereh popularly called Don Jazzy. It is no doubt that he is one of the richest musicians here in Nigeria and also earned a place on the Forbes list of the richest musician in Africa.
Michael Collins Ajereh AKA Don Jazzy is a Nigerian known for everything music ranging from songwriting, singing to the producer, and even an entrepreneur. Born in Umuahia in Abia state, Michael Collins Ajereh hails from the delta state. His father is an Isoko (A tribe in Delta state) while his mum is a princess from Abia, He was raised in Ajegunle as the family relocated to Lagos.
Davido Net Worth – ₦8.5 Billion
David Adedeji Adeleke, who is better known as Davido, is an American-born Nigerian singer, songwriter and record producer. Davido was born in Atlanta, US, and raised in Lagos; he made his music debut as a member of the music group KB International.
His 2011 single “Dami Duro” was well-received throughout Nigeria. Along with his elder brother Adewale Adeleke, Davido is the co-owner of HKN Music (a record label home to Sina Rambo, B. Red and DeeKay) which he later left to form his own record label DMW.
The singer went to British International School, Lagos, after which he got admission to study Business Administration at Oakwood University, he later dropped out to focus on music, but later went back to school and got a degree in Music from Babcock University, Nigeria.
Wizkid Net Worth – ₦9.1 Billion
Singer Ayodeji Ibrahim Balogun proudly known as Wizkid is a singer and songwriter. The singer began his musical carrier at the age of 11 in a local church near his home, where he later joined a local band called the Glorious Five.
The singer met OJB Jezreel during his struggling days and he became his mentor. He then started visiting Jezreel’s studio watching and learning from the recordings by artists like 2 Face Idibia and Sound Sultan.
He then joins Empire Mates Entertainment (E.M.E) in 2009, and that was the year Wizkid got his big break into the music industry. He was also the first signed under the then-popular record label co-owned by Banky W. He gained his popularity with the release of “Holla at Your Boy”, the song from his debut album “Superstar” in 2010. The song topped the charts in 15 countries making him Nigeria’s most successful pop artist.
- Also read: Wizkid Age, House, Cars And Net Worth
Above are the unofficial Top Richest Nigerian musicians, Our sources are according to their lifestyle, houses, and cars. we hope you enjoyed the reading.
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