According to our findings, Nigerian musicians dominated the list of the richest musicians in Africa from 2019 to 2020. In 2013, Wizkid founded his own recording studio “Starboy”. Tubaba is got married to Annie Idibia in 2012. He adopted the name – DBanj from a combination of his first name, Dapo, and his surname, Oyebanjo and although this Nigerian musician doesn’t do more of music these days, you can be sure that his investments in Nigeria and abroad are keeping his networth stable and also on the high side. He has renewed the contract to two more years. According to Google search, Psquare has released 7 albums till date which include: Aside these albums, Psquare songs which are popular hits include E no easy, Beautiful Onyinye, Chop my money, Personally, Danger, Ejeajo, Bring it on, Busy Body, Do Me, etc. He hails from Ebonyi State, although born in Bauchi State. People nowadays always Say Music as a Profession is a poor business, but i must say that it’s not wholesomely true. Here are the top 10 list of the richest Nigerian musicians and artists that are currently making waves in the music industry. Top 20 richest musicians (Artistes) in Nigeria and their net worth 2020. Most people would want to know who is richer between Kcee and E-money. Nigerian musicians are also some of the richest African musicians and around the world and some of them were also featured on our list of the richest African artists of 2020. The young popular music star started his musical career when he was just 11 and since then, he has recorded huge successes so far. Click to join. This man is another prominent celebrity among current top 10 richest Fuji musician in Nigeria. Wizkid is the number 1 in our list of top 10 richest musicians & artists in Nigeria. Unfortunately, they separated and went solo which slightly affected their ranking on this rich-list and saw the likes of Wizkid, Tuface and Davido usurp their position. Apart from being featured by other talented artiste in the country, he has been featured by the likes of International American musicians and rappers like Drake, Chris brown, Tinny Tempah etc. Currently, in Africa, Nigeria and South Africa happen to be the respective largest and second-largest producers of the richest musicians. Burna boy’s net worth as estimated by Forbes is $17 million. Here are the top 10 list of the richest Nigerian musicians and artists currently making waves in the music industry. What made Flavour join the 10 richest Nigerian musicians is the numerous endorsement deals he has worth millions of naira. He is the 2nd richest musician in Nigeria as of 2020 with an estimated networth of $20 Million. Timaya is another living legend just like 2Face, MI Abaga, and Naeto C. Timaya also has a spot as one of the richest Nigerian musicians with a net worth of $8 million. © 2018 - 2021 TheNigerianInfo Media. Some of these brands include Nigerian TeleCo, Glo and Cognac brand – Hennessy Nigeria PLC e.t.c. Rudeboy also has a good number of sponsorship deals with various brands in Nigeria and abroad. The entertainment industry will not be complete without mentioning the Psquare, both were featured on Forbes top ten richest musicians in Nigeria 2020 with an estimated net worth of $10 million. The entertainer is now the owner of a top record label, Dem Mama records and has signed some prominent young acts into his label. Another thing you should know about this singer is that he has chosen to remain with his elder brother – Jude Okoye who was the music producer for the then P-Square duo. His musical career began when he began singing in his church choir at a young age. He is another entertainer whose stardom and wealth has been made through his interesting songs. He is another entertainer that has been featured on the top 20 list of richest artist in 9ja this year. Which is now the richest musician in Nigeria 2020. Just like Olamide, Phyno has taken music to the next level. In 2020, he won Best International Act at the 2020 BET Awards. He is among the best 5 fastest rappers in the country and is currently doing well. Some of his achievements include getting various local and international awards, performing on various international stages, and selling out various shows around the world. So far, 2020 has been another great year for the DMW boss as he has achieved a lot in his entire music career this year. Occupying the 9th spot on our list, we have Nigerian R&B star – Mr. Olubankole Wellington who is widely known as Banky W. He is a Nigerian based singer, rapper, actor and politician. If you Google the current top 20 richest musicians in Nigeria for February 2021 and their net worth according to Forbes, you would be presented with a host of results which might confuse you.But within those results, there are some recurring names you would find in the list. He also owns a top record label named Hypertech media. The young Nigerian star has an estimated net worth of $20 million and has earned a fair share of his wealth by releasing contemporary hip hop hits, which appeal to a broad audience. In light of this, we’ve come up with this list. Apart from singing, this celebrity is a song writer and has assets and investments where she makes her monies from. Check out the list of our top 10 richest musicians in Nigeria 2020 below: 10. Olamide also has a good number of endorsement deals with various top brands in Nigeria. Save my name, email, and website in this browser for the next time I comment. Wizkid has so many endorsement deals which include being a Pepsi ambassador which he earned $350,000 monthly. Forbes List. He started his musical career from childhood as a drummer in his church has grown to become one of the most popular entertainers in the country. 1. Starting from a group called Glorious Five, he released his first collaborative album. Click to join and you’ll be glad you did. Mavin Records is said to be worth $100 million as it has a global outreach. He has won series of awards for his song. Networth (Forbes) – $30 Million; Record Label – Supreme Mavin Dynasty; number 1 on the Top 10 Richest Musicians In Nigeria, 2020 goes to Michel Collins Ajereh well known for his stage name DonJazzy. 10. Tuface real name is Innocent Idibia and he was born in Jos. Some of her brand endorsements include: Maggi, Forte Oil, Pepsi and Konga. When the twins were still together, performing on a stage made them nothing less than N15 million per show. He is a professional Nigerian singer, songwriter, recording artist, stage performer and model who was also raised in Surulere, Lagos State, Nigeria. Most importantly, this ranking is in line with Forbes’ unrivaled ranking contents. Wizkid – Net worth of $20 Million. Although, he has no song of his own, the award winning music producer has been featured in various songs due to his peculiar voice. As Patoranking net worth is $1 million, his net worth is below that of the #20 on the list. We take a cursory look at the top (10) ten richest musicians in the country today this 2021 and their net worth in Naira, taking into cognizance how these artistes got featured on this list. The Nigerian movie industry popularly known as Nollywood is generally a goldmine in Africa and Nigeria is currently the headquarter of entertainment in Africa and the third largest film industry in the world. He is part of the Choc city family and is currently worth $2 million. So was the story of their wealthy life style that they bought multi-million mansion at Lekki, cars, signed multiple endorsement deals and won series of musical awards ranging from best dancers of the year, MTV awards, MOBO Awards, KORA Awards, the Headies, etc. He gained fame in 2010 following the release of his singles ‘Holla at Your Boi’ and ‘Gidi Girl’; both songs are on his debut album, ‘Superstar’. In this article I will be sharing with you the top 20 most richest actors in Nigeria in 2020. After extensive research and visiting a good number of networth-niched websites, we found out the that Donjazzy is the 3rd richest musician in Africa with Wizkid and Davido coming just right after him and this automatically makes him the richest musician in Nigeria for 2020 according to Forbes Magazine. According to Don Jazzy, he worked as a security guard in the United Kingdom and after a while, he discovered that he could make money by playing the bass guitar. Some of the cars owned by Davido include a Honda, Porsche and a Range Rover. Also GLOBACOM, a telecommunication giant also made him one of their top ambassadors. He has featured in so many songs with other hip-hop artistes. Normally, you see Olamide and Phyno collaborating together, especially to produce songs together. Phyno fyno is an Igbo rapper, singer, songwriter and record producer whose real name is Chibuzor Nelson Azubuike. You may have noticed that some top musicians like Patoranking did not make it to the list. 2face is another popular Nigerian singer whose net worth is estimated by Forbes to be $16 million. Sometime in 2019, Banky decided to try his luck in politics by declaring his interest to run for the office of the Member House of Representatives for Eti-Osa Federal Constituency. Some of his latest hit tracks include: Flora my flower, Aje, Aye, See Gobe, Assurance. He later came back to Nigeria and set up the now Mavins Records in 2012 and it is regarded as the most successful record label in the whole of Nigeria right now. These Nigerians artists have excelled in their respective areas of music and not only that, but they’re also very wealthy and accumulate lots of wealth in most actions they take. Some of his albums include: Rhapsodi (2011), YBNL (2012), Baddest Guy Ever Liveth (2013), Street OT (2014), Eyan mayweather (2015) and The Glory which was released in 2016. He’s also one of the most handsome musicians in the industry. Their musical career started in Jos, when they were into break dancing and singing. Wizkid net worth $20 million Forbes rates Wizkid as the richest musician in Nigeria 2020 with an estimated net worth of $20 million. 20. After a while, he joined a band which was owned by his friend and started playing at restaurants and different venues. This deal has seen Starboy become extra rich, doubling his assets as one of Africa’s richest musicians according to Forbes. Wizkid – Net Worth of around 20 Billion Naira Wizkid, born Ayodeji Ibrahim Balogun is one of the richest musicians in Nigeria. Although everyone’s favourite duo PSquare are no longer together, they are both doing fine on their own. Don Jazzy has many investments aside his musical career which fetches him cash. He is a very rich Nigerian musician and was born in Surulere in Lagos State, Nigeria. His rise in the music industry has seen him regain his spot among the richest music artist in Nigeria this 2020. From the MTV Award, Channel O Music Video Award, BET Award, MOBO Award and best musician of the year among others. Apart from the success recorded in his music sales, Olamide is a business man who has made his wealth through investments and endorsement deals. All Flavour’s album since 2010 include: Tiwa savage remains Forbes richest female singer in Nigeria for some time now with an estimated financial worth of $9 million. He is the other half of the defunct P-Square duo(the first being Peter Okoye – Mr. P). His record label, Davido Music Worldwide also known as DMW is one of the best and outstanding record labels in Nigeria right now. Aliko Dangote is currently worth over $12.5 billion. Next, we have on this list of the top 20 richest Musicians in Nigeria is Flavour. He is the 3rd richest musician in Nigeria with an estimated networth of over $16 Million in 2020. Subscribe to our mailing list and get interesting stuff and updates to your email inbox. Required fields are marked *. (5) Chidinma . When you read all about Wizkid and how he started, you will see his success story wasn’t easy. Wizkid is an incredibly rich Nigerian musician and he made most his millions (and billions when converted to Naira) from music alone. Wizkid's net worth is estimated at 20 million U.S dollars. He has released several hit songs which has topped the musical charts over the years and is still reigning. Michael Collins Ajereh is his real name and he is a Nigerian record producer, singer, songwriter, and entrepreneur. If you want to download his music, they are available on the internet. He was born in Atlanta, Unites States of America but was raised in Lagos State, Nigeria. Their estimated net-worths of the musicians which we will be showing you in a moment were gotten from the estimated total wealth of the musician, gig fees, endorsements deals, feasible investments by these artists in the past 12 months and a whole lot of other stuff. Nigerian musicians are also some of the richest African musicians and around the world and some of them were also featured on our list of the richest African artists of 2020.But in this article, we will be focusing on the richest hip-hop artists in Nigeria for the year 2020. He is a talented ariste who net worth stands at $11 million. Jidenna who is one of the best music artist in the country net worth is $7 million. Akon TheNigerianInfo is a Nigerian website that was created to help you get valuable, relevant and trusted information on the internet about any topic relating to Nigerians. Nonso Diobi - $1 million He did run for the post but became the first runner up even with a relatively unknown political party. See Answers, Rema Biography, Age, Networth & Contact Details, Ismaila Mompha Biography, Age, Networth & Cars, Slot Branches In Nigeria: Addresses and Phone Numbers, Salary Of Nigerian Governors And Their Deputies (Full Breakdown), Salary Of Nigerian Senators: Breakdown + Shocking Revelation (2020), States And Capital In Nigeria, Their Slogans & Current Governors 2020, Best Cement In Nigeria: See Top 10 + Prices (2020), How To Start Recharge Card Printing Business In Nigeria, Top 10 Most Followed Nigerian Twitter Accounts In 2020 (Latest Figures). With over 20 years of active participation in the Nigerian music industry, it is no surprise that he makes it to our list of the top 10 richest musicians in Nigeria and earning the 5th spot on the list. Also known as Banky W, was born to Nigerian parents in the United States. He is currently worth an estimated $9.5 million. Mr Eazi. He is also the founder and CEO of YBNL, one of the best record labels in the country. As Olamide grew in popularity, so does his money. Both Peter and Paul Okoye were so popular that their fame spread throughout Africa and even on the international stage, they were recognized. NOTE: Have you heard of gramfree? Burna boy is an entertainer who enjoyed much success in the Nigerian music industry. Tekno’s real name is Kelechi and he is one of the best musicians in Nigeria who produces good songs using beats produced by himself. Your email address will not be published. The label is also home to A-list Nigerian musicians like Mayorkun, Dremo, Peruzzi and Davido himself. This group was made up of him and his church friends. Top 20 richest musicians in Africa 2021 and their net worth. The debate still continues between Mr. P and Rude boy who is more richer? 10 richest politicians in Nigeria 2020; Top 10 richest footballers in Nigeria (2020) and their cars; People also search for: Top 10 richest musician in Nigeria, who is the richest musician in Nigeria today, richest artist in Nigeria, nigeria richest musician, top 10 richest musician in nigeria … Just like Wizkid, he is another successful young talent who has recorded tremendous feat in the Nigerian music industry. Top 20 richest Nollywood actors and their net worth. Aliko Dangote Net Worth . The success of this album spurred Starboy to work harder to earn his riches. Impressive! Kcee net worth is estimated to be $5 million. She is also a crew member of Marvin Records Label where she has released a lot of interesting songs. The truth about this is not known but can only be speculated using their financial worth as a yardstick to judge between the two as to who is the richest. These richest Nigerian musicians according to Forbes have overtime built a strong fan base which has given them … She recently signed a contract with Jay-z music record label which is worth millions of dollars. He is a Nigerian rapper who has been in the Nigerian music industry for so many years and he’s also one of the richest musicians in Nigeria right now and the 10th artist in this list. #COVID19 : number of states with confirmed cases in Nigeria, Michael Jordan shed tears as he opened medical clinics worth $7.2m for the less privilege, Download of 9ice ‘ aye familetentuto’ ( rich life), US computer expert praise the EFCC, for arresting Dubai-based Nigerian big boy Mompha, Fed up Ghanaian single lady offers GH¢1000 salary to any guy who’d agree to date her; T&Cs apply, See the interior of Wizkid luxury & beautiful sitting room, Net worth of Mukesh Ambani, the richest man in India, How To Make Money With Your Blog Via Cost Per Mile Advertising (CPM), Music Money : 18 Nigeria Record Labels And Their Contact Addresses. So if you’re one of those hip-hop lovers who keep asking questions like Who is the richest musician in Nigeria? 2. Another celebrity that made it on our list of richest Nigerian musicians 2020 is Timaya with a net worth that stands at $10.5 million. He is a co-founder of Flobyt, a popular tech firm providing free Wi-Fi service to users for downloading and streaming media content. He songs are popular with record sales not only within the country but internationally. Tekno has overtime produced beats for likes of Starboy, Davido. He holds several endorsement deals which include the deal with Samsung Built for Africa campaign. He was born in Surulere in Lagos state in 1990 with his father marrying three wives. Some of the endorsements deals he signed are deals with First Bank, MTN, Pepsi which is rumored to be worth N100 million. Olamide Adedeji also known as Badoo is one of 9ja richest musician with a financial networth estimated at $12 million. Nigeria has so many fine music artists and year after year, the music industry seems to expand with the introduction of yet another music sensation. Over the years, 2Face has raked up enough fame and wealth that he is regarded by many to be a veteran in the entertainment industry. This beautiful celebrity has released tracks that are interesting and has toured many countries in Africa and beyond. He is also the best Yoruba rapper in Nigeria and have released about seven albums till date. Wizkid real names are Ayodeji Ibrahim Balogun and Although he practiced Christianity, Starboy said in an interview that his father’s religion was Islam. Forbes ranks Dangote with other billionaires in the world. Phyno began rapping in 2010 using Igbo dialect before he entered Lagos and joined Olamide to further his career.