Richest Musicians in Nigeria and Their Net Worth

List Of Top 30 Richest Musicians in Nigeria and Their Net Worth 2024

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In this article today ” richest musicians in Nigeria and their net worth ” we have compiled the list of Nigerian musicians and fish out which is the biggest amongst them all, and we will be delivering the top 30 amongst them all.

Have ever compared the Nigerian Musicians and wonder which amongst them is the richest?, ok, in this article we have brought you all you need to know about the Nigerian Musicians and their net-worth as well as the top 30 richest musicians in Nigeria and their net worth in 2023.




List Of Top 30 Richest Musicians in Nigeria and Their Net Worth 2024

From Here Down Is The Full List Of Top 30 Richest Musicians in Nigeria and Their Net Worth 2024

1. Davido: Net Worth $45 million

Davido Tops our list of top 30 richest musicians in Nigeria and their net worth. Without a doubt, David is the richest musician in Nigeria. He released appealing songs that took the music industry by storm. A song called “Omo Baba Olowo” became popular throughout Africa. The song was also the one that made him famous.

Davido is a wealthy celebrity with homes, cars, and several investments thanks to his upbringing. He serves as a director for his father’s business as well.


2. Wizkid: Net Worth $38 million

Seconded by Wizkid in our list of top richest musicians in Nigeria and their net worth. This year, Wizkid is the second-richest musician in Nigeria. It is Ayodeji Ibrahim Balogun who goes by Wizkid. He was just listed by Forbes magazine as one of the richest celebrities in Africa.

The CEO and creator of the Starboy record label is Wizkid. He is a well-known artist who has won numerous awards, not just in Nigeria but also internationally.

Wizkid owns cars, homes throughout various nations, as well as a range of other assets, companies, and properties.


3. Don Jazzy: Net Worth $35 million

Another top celebrity in our list of richest musicians in Nigeria and their net worth is Don Jazzy. The CEO of Mavin Records and the wealthiest music producer in Nigeria is Don Jazzy. He co-founded Mo’ Hits Records in 2004, a label that gave the world celebrities like D’Banj, Wande Coal, and others.

The real name of Don Jazzy is Michael Collins Ajereh. He allegedly charges at least 500,000 naira for a song that describes his business model.

Don Jazzy is the owner of three homes in Lagos: one each in Lekki, Banana Island, and Los Angeles.


4. Burna Boy: Net Worth $17 million

Here is the Burna Boy as the fourth in our list of richest musicians in Nigeria and their net worth. Burna Boy is a well-known Nigerian musician and composer whose real name is Damini Ogulu. He rose to fame after releasing the song “Like to Party” in 2012. 2017 saw the singer sign a contract with Bad Habit/Atlantic Records. His earnings come from the selling of his songs, sponsorship agreements, and other sources. He is one of Nigeria’s wealthiest musicians.


5. D’banj: Net Worth $13.5 million

At the fifth top rated of all the richest musicians in Nigeria and their net worth, we have D’Banj. D’banj’s Nigerian hit songs are consistently excellent; a performer with such a divisive fan base will certainly endure in the business. He goes by Daniel Oyebanjo Oladapo in real life.

He has accumulated millions from his musical talent and other interests, making him one of Nigeria’s richest musicians. In our most recent assessment, we valued him at $27.5 million, making him one of the richest musicians in Nigeria in 2024.


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6. 2Face Idibia: Net Worth $13 million

In our list of richest musicians in Nigeria and their net worth, we have 2face as the sixth top richest Nigerian Musician.

One of the best male vocalists in the nation right now is 2face, whose real name is Innocent Ujah Idibia. He was the richest musician in Nigeria and a member of the defunct Plantashun Boiz.

The legendary musician has created chart-topping songs that have sold millions of copies worldwide. Additionally, he has sponsorship agreements for millions with important institutions in the nation.


7. Olamide: Net Worth $10.5 million

Olamide here ranks seventh in our list of richest musicians in Nigeria and their net worth. The founder and CEO of YBNL Nation is Olamide Adedeji, well known by his stage names Badhoo and Olamide. He is also a singer. YBNL is a well-known music label.

We anticipated that he will be the world’s wealthiest rapper in 2024. In addition to the two gas stations and various properties he owns across the nation, Olamide charges between 2 million and 4 million naira for each performance.


8: Mr. Flavour: Net Worth $10.2 million

Another top celebrity in our list of richest musicians in Nigeria and their net worth, ranking eighth is Mr. Flavour Nabania.

Chinedu Okoli, a Nigerian singer, multi-instrumentalist, and performer, goes by the stage name Flavour N’abania. He started as a drummer for a small church in Enugu state.

According to estimates, the singer is worth $10.2 million. He owns a significant amount of investments in southern and eastern Nigeria.


9. Phyno: Net Worth $10 million

Phyno is the ninth person we have here in this list of richest musicians in Nigeria and their net worth.

Azubuike He goes by Nelson Chibuzor in real life. He is the second-best rapper in the nation and is a proficient singer and rapper in both Igbo and English.

In addition to winning numerous awards, Phyno has developed a reputation as a top musician and celebrity in the music industry. Through his songs, he has developed a personal identity that sets him apart from other rappers.

Like Olamide, Phyno invested his money in businesses like real estate and fashion. His net worth is said to be in the tens of millions, according to reports.


10. P-Square: Net Worth $10 Million

P-Square is still regarded as one of the richest musicians in Nigeria. Twin brothers Peter and Paul Okoye collaborated on musical and dance performances. Jude Engees, their older brother, owned Square Records, which produced and marketed their music.

But P-Square is rumored to charge an incredible 8 million naira for each event. They made a lot of money and received numerous awards. In addition to singing and dancing at performances, they have other hidden assets, so with all these and more about the P-Square we can say that they are really worth the list of top 10 richest musicians in Nigeria and their net worth.


11. Banky W: Net Worth $9 Million

For the past three years and counting, Banky W has been included among Nigeria’s top 30 wealthiest musicians by net worth.

He is a musician, composer, and rapper from Nigeria who recently made his acting debut in “The Wedding Party,” the biggest movie in Nollywood. The music for the movie featured one of his most recent singles, “Made for You.”, he is known to be the eleventh in this list of richest musicians in Nigeria and their net worth.

Banky, a dual citizen of the United States and Nigeria, was born there.

He and Sasha P were chosen as Samsung’s first official ambassadors in Nigeria. He also represents the Ciroc ultra-premium vodka brand.


12. Timaya: Net Worth $8.5 Million

Timaya is a Nigerian singer and composer whose real name is Inetimi Timaya Odon. His company is called Dem Mama Records Limited, Timaya is another top celebrity that worth this list of top richest musicians in Nigeria and their net worth.

His solo career really got underway in 2005 when his debut single, “Dem Mama,” was released. On his debut album, True Story, which was released the following year, they also included this. He released Gift and Grace, his second album, in 2008.

Timaya is a well-known musician from Nigeria who has been active for over ten years. He has also secured a number of successful endorsement deals. We estimate the singer’s net worth to be $8.5 million.


13. M.I Abaga: Net Worth $8 Million

At the thirteenth list of top richest musicians in Nigeria and their net worth, we have M.I Abaga. Jude Abaga, better known by his stage as M.I. Abaga, was born on October 4, 1981, in Jos, Plateau State.

He is of Jukum descent and is from Takum, Taraba State, Nigeria. His younger siblings are Jason Abaga, who is also quite popular in the Nigerian music scene, and Jesse Jagz. M.I spoke Hausa with ease because he was raised in Jos and was born there.


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The List Of Top 30 Richest Musicians in Nigeria and Their Net Worth Continues Here


14. Tiwa Savage Net Worth $7 Million

Nigerian singer, composer, and actress Tiwatope Savage is also known as Tiwa Savage or mommy Jam Jam. She was born on February 5, 1980, in Isale Eko, and when she was 11 years old, she came to London to attend high school.

In the US, she sang as a backup vocalist for artists like Mary J. Blige and George Michael.

In addition to being a brand ambassador for Nestle Maggi chicken cubes, Forte Oil, Pepsi, and Konga, among others, Tiwa Savage has appeared in a few foreign television programs. Tiwa Savage is the richest female musician in Nigeria with a net worth of $7 billion, so we can see that indeed she worth this list of richest musicians in Nigeria and their net worth.


15. Patoranking: Net Worth $6.5 Million

Patrick Nnaemeka Okorie, also known as Patoranking, is a Nigerian reggae-dancehall singer and songwriter. On May 27, 1990, he was born, and he was raised in the town of Ijegun-Egba. He’s an Onicha, Ebonyi State native.

Patoranking’s estimated net worth is $6.5 million, according to Forbes, based on his salary, cars, and way of living.

With all these said about the Patoranking, there is no doubt he merits this list of top richest musicians in Nigeria and their net worth.


16. Kcee: Net Worth $4.5 Million

Nigerian singer and composer Kcee (Kingsley Chinweike Okonkwo) is also a style icon. He was born on April 18, 1979, in the western Nigerian state of Lagos.

He occasionally travels to Anambra State in eastern Nigeria, where he is originally from the little village of Uli.

Kcee has put in a lot of time and effort in the entertainment business. He has signed a few endorsement contracts throughout his career, and we previously estimated his net worth to be around $4.5 million.


17. Falz Net Worth: $4.1 Million

Falz, real name Folarin Falana, is a rapper, musician, and actor from Nigeria. He was born on October 27th, 1990. He started playing music professionally in 2009. This came after he and a friend started a group called “The School Boys” while they were still in high school, Falz is yet another top celebrity that we will be calling out in this our list of richest musicians in Nigeria and their net worth.

Falz was born to notable lawyers and human rights activists Femi and Funmi Falana in Lagos’ Mushin local government district. following completion of the Nigerian Law School in Abuja.

According to estimates, Falz has a net worth of $4.1 million. Hennessy and MTN are just a couple of the notable partnerships he has. He also has a huge record collection.


18. Duncan Mighty Net Worth: $4 million

On October 28, 1983, Duncan Wene Mighty, also known as Duncan Wene Mighty, was born. He attended college to pursue a career in audio engineering.

During his Youth Service, he was employed by Benson and Hedges as a sound instructor. Duncan is a respected musician with influence all around the nation.

As a result, he was acknowledged by the UN as a peace ambassador. Duncan, one of the top 30 musicians in Nigeria, has a net worth of $3 million. As a car fanatic, Duncan never passes up the chance to flaunt his beloved belongings.


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19. Tekno Net Worth $2.1 million

Here is Alhaji Tekno, as he is being adressed, he is the 19th in our list of top richest musicians in Nigeria and their net worth.

Slim Daddy, Alhaji Tekno, and Tekno are all monikers for Augustine Miles Kelechi, a Nigerian singer, songwriter, and record producer. He hails from the Ivo Local Government Area of Nigeria’s Ebonyi State. He was born into a family of six—five boys and one girl—in the Nigerian state of Bauchi.

Tekno’s estimated net worth in 2024 was $2.1 million, placing him among the top 20 richest musicians in Nigeria. Tekno also inked an endorsement deal as one of the MTN Nigeria Ambassadors, earning 18,000,000 Naira (18,000,000). The celebrity also inked several more undisclosed endorsement contracts in 2016, in addition to a $1.7 million record deal with Sony Music.




20. Mr Eazi Net Worth $1.8 million

Oluwatosin Ajibade, a singer, composer, and businessman from Nigeria, goes by the stage name Mr Eazi. He invented Banku music, a mix of Ghanaian highlife and Nigerian rhythms and chord progressions.

Afrobeats, a contemporary West African pop genre that incorporates international pop, highlife, and hip-hop, is the primary category in which Mr. Eazi’s music falls.

The net worth of Mr. Eazi exceeds $1.8 million. Most of his income comes from concerts and appearances. He has amassed a substantial amount of fortune thanks to his profession in the music business.


21. Kizz Daniel: Net Worth $1.5 million

The real name of Kizz Daniel is Oluwatobiloba. On May 1st, 1994, Daniel Anidugbe was born in Abeokuta, Ogun State, Nigeria. The brilliant artist started off as Kiss Daniel. However, he then changed his stage name in 2018 due to a dispute with his former company over a public contract.

One of the richest musicians in Nigeria and a lifelong devotee of great music is Kizz Daniel. He has consistently come up with creative strategies to market his music internationally.

In 2017, he signed a multimillion-naira sponsorship deal with Hennessey, which served as his debut endorsement. Fly Boy Inc Records’ CEO, Kizz Daniel, makes a substantial profit from his record company.


22. Iyanya Net Worth $1.5 Million

On the list of the wealthiest musicians in Nigeria, Iyanya’s net worth is among the top 30. A musician who has given flavor to Nigerian music is referred to as the “kukere” master.

What did he do exactly? In the hit song from his second album, he incorporated the rhythmic dancing from his culture. The dance’s title, “Etighi,” gained a lot of attention in the realms of choreography and music.


23. Yemi Alade Net Worth $1.4 Million

Born on March 13, 1989, Yemi Eberechi Alade is a Nigerian Afropop singer and composer better known by her stage name Yemi Alade. She won the Peak Talent Show in 2009, and her single “Johnny” opened doors for her in 2014. Her mother is Igbo and her father was a Yoruba police commissioner.

The current estimated net worth of Yemi Alade is $1.4 million. She is one of the famous people from Nigeria who achieved success on her own.

She has made a place for herself alongside her male competitors in the entertainment sector, despite the fact that men currently predominated it. Yemi makes her money from the sales of her music albums, concerts, and a few sponsorship agreements.


24. Chidinma Ekile: Net Worth $1.25 Million

A well-known Nigerian singer, composer, record producer, stage performer, and model, Chidinma Ekile is also known by her stage name Miss Kedike. On May 2, 1991, she was born in Ketu, Lagos, in the southwest of Nigeria.

She is from Imo State in the southeast of Nigeria, although her parents currently reside in Lagos, where she was raised. She finished both her primary and secondary schooling in Lagos, Nigeria.

With a net worth of $1.25 million, Chidinma is one of Nigeria’s richest and most influential female fighters right now.


25. Ice Prince Net Worth $1.25 Million

On October 30, 1984, Ice Prince was born in Minna, Niger State. Before attending the Science Tutorial College in Jos, he studied at St. Murumba College. Ice Prince lost both of his parents when he was a young child.

In 1999, he began writing Rap songs and performed them at events at his school. He started going to the studios to record. Ice Pince founded a band called “ECOMOG Squad,” however the group disbanded after a year.

The talented rapper has a $5 million dollar net worth. Among the many awards he has won is the Ben Tv Award for Best Male Hip Hop Artist. Ice Prince has a thing with expensive cars. A Bentley GT Coupe, a Range Rover Sport, and a Porsche Cayman are among the vehicles in his collection.


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The List Of Top 30 Richest Musicians in Nigeria and Their Net Worth Continues Here

26. Reminisce Net Worth $1.10 Million

Reminisce, popularly known as Alaga Ibile, is an Ajilete native who lives in the Ogun state of western Nigeria. He was born in Kaduna, Nigeria, on January 26.

Reminisce picked up his rap skills by copying artists like Nas, Jay Z, and Snoop Dogg. He recorded a hardcore rap album and his debut studio single at Coded Tunes in 2006.

He chose to focus on his academics and complete his degree instead of releasing the record since it was never made public. His net worth is worth $1 million, according to our estimation. He is one of the wealthiest rappers in Nigeria.


27. 9ice Net Worth $1.08 Million

Born on January 17, 1980, Alexander Abolore Adegbola Akande is a Nigerian singer and politician better known by his stage name 9ice AKA Alapomeji.

He was raised in the Lagos neighbourhood of Bariga. 9ice left his legal studies at Lagos State University to pursue his lifelong dream of being a singer. He is one of Nigeria’s wealthiest musicians.

9ice has almost 20 years of experience in the music business and has inked sponsorship agreements. Throughout his career, he has also sold a lot of recordings. With a $1.08 million net worth, he is among the richest and most well-known performers in Nigeria.




28. Runtown Net Worth $1.5 Million

Runtown is the stage name of Douglas Jack Agu, a producer, songwriter, and vocalist. The musician, who was born in Enugu on August 19, 1989, also spent some time growing up in Lagos and Abuja. He completed his elementary education here.

Currently, Runtown’s net worth is thought to be $1.5 million. He has numerous lucrative endorsement deals, including one worth millions of Naira with Adidas, the biggest sports brand in the world, and another with Nigerian telecom company Telcos.


29. Harrysong Net Worth $1 Million

Harrysong is the stage name of Nigerian singer, songwriter, and instrumentalist Harrison Tare Okiri. His song honoring Nelson Mandela helped him gain popularity.

He won The Headies award in 2013 for the song, which was one of the “Most Downloaded Caller Tune” of its time.

Harrysong has a net worth of $1 million and a successful music career as one of Nigeria’s most talented singers and composers.


30. Small Doctor Net Worth $1 Million

Adekunle Temitope, also referred to as Small Doctor, was born in Lagos, Nigeria, on October 19, 1994. Regardless of being from a middle-class family. Additionally, he had little money to spend on himself.

Many people who knew Small Doctor claimed that he had always loved music and had done so since he was a young boy. He listened to records of performers as children the majority of the time. And he evaluated their performances and fashion choices in those music videos.

In 2024, Small Doctor will have a $1 million net worth.

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