Richest Musicians In Nigeria 2022
Top Most Richest Musicians In Nigeria — 2022 List
Music lovers all around the world have several topics they argue about when it comes to their favourite musicians, and knowing just how much they are worth has to be at the top of the list.
This manner of conversation springs up in all parts of the world, especially in Nigeria. As much as fans understand that most of these artists make their money from music, some are still in awe of how one person could stack up so much all in the name of being in the music industry.
Most people argue that most musicians are into other dirty businesses and believe that they make their monies via these means.
These searches come up day in; day out on the internet, and to ease your stress, we decided to put this list together, to give you an insight into the lives of some of Nigeria’s richest musicians. Peep the list below.
Davido $45 Million
When it comes to their favourite performers, music fans all over the world dispute about a variety of subjects, but understanding how much they are worth has to be at the top of the list.
This type of dialogue may be found all around the world, but notably in Nigeria. Even though most of these artists make their money from music, some fans are still amazed at how one individual can amass so much wealth simply by working in the music industry.
Most people believe that most musicians are involved in other shady industries and that this is how they generate money.
These searches pop up all the time on the internet, therefore to relieve your worry, we put up this list to give you a glimpse into the lifestyles of some of Nigeria's wealthiest singers. Take a look at the list below.
Davido was born in Atlanta, Georgia, on November 21, 1992, to Veronica and Adedeji Adeleke.
Omo, Obo, Obo As I write, Baba Olowo is without a doubt one of Nigeria's wealthiest musicians. Dami Duro, Davido's evergreen debut track, catapulted him into the spotlight in 2011. Davido received multiple prizes for that one track. Awards from organizations such as MOBO.
The Senegalese-American outstanding artist Akon, whose real name will continue to leave fans all over the world speechless, – Aliaune Damala Badara Akon Thiam, is featured in the Dami Duro Remix.
Dami Duro also earned Davido the award for Best African Act of the Year, beating out Wizkid's Ayodeji Balogun.
Davido launched his own record label, Davido Music Worldwide, in 2018. Mayorkun, Peruzzi, Idowest, and Yonda, to name a few, are among the artists he has enlisted.
We need to remind the audience that Davido is the son of one of Nigeria's wealthiest businessmen, as much as we'd like to leave that out.
2. Wizkid $38 Million
Wizkid is ranked second on this list of the wealthiest Nigerian artists in 2022. He is a Nigerian singer and songwriter who was born on July 16, 1990. He began recording at the age of 11 and published a joint album with his band, dubbed the Glorious Five, at the age of 12.
After the publication of his debut album, Superstar, a 17-track collection, he rose to notoriety in 2011. This happened while he was signed to EME, a record label owned by Banky W, a Nigerian musician. Wizkid is a multi-award-winning talent who is well-known not only in Nigeria but around the world. In addition, he is the founder of Starboy Music.
Wizkid is a dedicated musician who prefers to work in solitude and let his success speak for itself, which has proven to be effective over time. His tracks, the number of which we have lost track of, have continued to chart at the top of billboards and other music platforms.
MTN, Glo, Pepsi, and UBA are among the corporations that have signed sponsorship deals with musicians. In addition to his distinguished name, he has a number of houses and automobiles. His net worth is estimated to be over $38 million.
3. Don Jazzy $35 Million
Don Jazzy, whose real name is Michael Collins Ajere, is the richest record producer in the world. He is the founder of Mavin Records and Mo'Hits, which included D'banj, Wande Coal, D'Prince, and a few more in the past.
Don Jazzy is the sole producer of Ayra Starr, Magixx, Rema, DNA, Ladipoe, Korede Bello, and a slew of other Ayra Starr, Magixx, Rema, DNA, Ladipoe, Korede Bello, and other Ayra Starr, Magixx, Rema, Rema, DNA, Ladipoe, Korede Bello, and other Ayra Starr, Magixx, Rem
Don Jazzy is said to charge around $500,000 for each production job he provides, according to reports. Blood money, to say the least. In addition, the ace music producer has a slew of sponsorship deals under his belt.
Don Jazzy, in addition to his production skills, could pass as a very excellent actor, as evidenced by his Instagram skits with other skit makers.
He is claimed to own three mansions, one each on Lekki, Banana Island, and Los Angeles, California. That's in addition to his collection of high-end automobiles. His marital status is a source of tremendous speculation among his followers, yet he appears unconcerned.
He startled his admirers in April 2021 when he revealed that he had been married at a young age but had messed things up. His net worth is believed to be $35 million.
Top Most Richest Musicians In Nigeria — 2022
4. D’Banj $27.5 Million
D'banj, whose real name is Daniel Oyebanjo Oyebanjo, was born in Zaria on June 9, 1980. He's a musician whose career has lasted the test of time, dating back to the Tongolo era. One aspect of his image that admirers can't get enough of is his affection for the musical instrument harmonica.
D'banj has made a lot of money in the music industry, and while he may not release as many songs as his peers, be assured that he is doing fantastically well in other areas of his life.
The singer's life took a turn for the worst after he lost his first child, who drowned in a pool at his Ikoyi home in 2018. He was only 13 months old at the time. In 2020, he and his wife, Lineo, welcomed their second child.
Mo Hits was created by Don Jazzy and D Banj before they all went their separate ways. Despite this, they remain excellent friends.
Koko master is estimated to be worth $27.5 million.
5. 2Baba $22 Million
2Baba is a legendary musician with a career spanning over two decades. Innocent Idibia, better known by his stage name 2Baba, is a Nigerian musician, songwriter, record producer, and entrepreneur. He was a part of the now-defunct Plantashun Boiz.
A fun fact about 2Baba is that he was previously Africa's and Nigeria's richest musician until the likes of Davido and Wizkid took over.
African Queen, one of his songs, is still popular today, among other chart-topping hits. Back in the day, 2Baba was one of those artists who kept us sane with decent and meaningful music. Despite the fact that he has seven children from several women, he is currently married to Annie Idibia, a Nigerian actress.
Innocent Idibia has a net worth of $22 million.
6. Burna Boy $17 Million
Burna Boy, whose real name is Oluwadamini Ogulu, is a singer and composer from Port Harcourt. He is now the only Nigerian musician whose mother also serves as his manager, and she performs an incredible job.
He was born on July 2, 1991, and he is the eldest of three female siblings. He is the only son of his parents. His maternal grandfather worked as the manager of Fela Anikulapo Kuti, a legendary musician. This indicates that his mother has spent years immersed in Afrobeats.
Burna Boy first became interested in music when he was just ten years old. Burna Boy has had an extraordinary journey of success since bursting into the limelight in 2012 and has hit various milestones in his career.
He also has a number of ambassadorial appointments under his belt. He is the fourth richest artist in Nigeria, with a net worth of $17 million.
7. Olamide $10.5 Million
The street King, Olamide Baddo, must be included in the list of Nigeria's wealthiest musicians. He is a Nigerian rapper and vocalist who has had a significant impact on the music business. When it comes to the music industry, he is one of the most powerful figures to be reckoned with.
Olamide rose to notoriety following the release of his debut single, Eni Duro, a piece of rap music that received a lot of attention and may be said to have launched him on the route to stardom. Olamide is a multi-talented rapper who raps in English and Yoruba. Rapsodi, his debut album, was published in 2011.
He is the creator of YBNL (Yahoo Boy No Laptop). Olamide has aided the growth of a few streets acts, the most recent of which is portable.
$10.5 million in net worth.
8. Flavour $10.2 Million
Flavour, whose real name is Chinedu Okoli, began his career as a drummer in a small Enugu church. He is a singer, composer, and multi-instrumentalist from Nigeria.
Flavour, in addition to his singing career, also models due to his incredible physique.
Flavour is estimated to be worth $10.2 million.
9. Phyno $10 Million
Azubuike Nelson Chibuzor is the name of Phyno Phyno, the fine lad of the music industry. He became well-known for his ability to rap proficiently in both English and indigenous languages.
His rhyming approach gives his song a distinct feel and makes it addictive. Phyno has ventured into real estate and fashion in addition to music.
His net worth is reported to be in the tens of millions of dollars.
10. P-Square $10 Million
Despite their breakup, P-Square remains one of Nigeria's wealthiest music groups. In the early 2000s, the Nigerian duo swept the music world by storm.
Peter and Paul Okoye are well-known for their singing and dancing.
Despite the fact that their split lasted over four years, their fans were relieved to see them return in the latter months of 2021.
It's estimated that they're worth $10 million.
11. Banky W $9 Million
Oluwabankole Wellington was born in the United States on March 27, 1981. His stage name is Banky W, and he is well-known. He is the creator of EME and a Nigerian musician, rapper, actor, and entrepreneur. EME was eventually rebranded and relaunched as a branding and advertising firm.
In 2002, Banky returned to Nigeria and began singing. Banky W has collaborated with a number of Nigerian singers and has been in a number of tracks. When he was diagnosed with skin cancer in 2017, the industry sympathized with him, but he luckily recovered.
He is married to Adesua Etomi, a Nigerian actress, and they have a child together. $9 million in net worth.
12. Timaya $8 Million
Timaya (Inetimi Alfred Odon) is a Nigerian singer well known for his song Plantain Seller. On the 15th of August, 1980, he was born. 'Dem Mama Records Limited is his company.
His music career began in 2015 with the release of his single, Dem Mama, which was also featured on his debut album, True Story.
Timaya has a number of investments in addition to music. $8 million in net worth.
13. M.I $8 Million
M.I (Mr. Incredible) is a Nigerian songwriter, rapper, and record producer best known as M.I (Mr. Incredible). M.I. was born on October 4th, 1981. With the song Crowned Mindset, he rose to stardom in 2006. In 2008, he released his debut album, Talk About It, followed by M.I2 (The Movie) in 2010.
Between 2015 to 2019, M.I was the CEO of Chocolate City. In March 2020, he announced his departure from the label and the creation of his own label, Incredible Music.
$8 million in net worth.
14. Patoranking $6.5 Million
Patroranking came from a low-income family. He once disclosed that as a child, he shared a room with his parents and all of his siblings, which was obviously difficult.
The dancehall artist was born in Ilaje, Ebute-Metta, Lagos, on May 27, 1990. When asked about his upbringing, he answers, "Ebute-Metta is my heart; no matter how difficult things were, we were glad for each day." Pato wanted to accomplish more when he was 17, so he moved to Ghana in search of greener pastures.
When he met Timaya, who signed him to Dem Mama Records, God answered his prayers, and on September 12th, 2013, Patoranking recorded Albukarika, a song to commemorate a turning point in his life and thank God for his favors.
All of his hardships are now history, as he is one of Nigeria's and Africa's most well-known musicians.
$6.5 million in net value
15. Falz $4.1 Million
Falz, or Folarin Falana, is a Nigerian actor, rapper, and songwriter. Falz began his career as an artist when he joined the group The School Boys in high school.
Despite the fact that his parents are well-known lawyers and he studied law as well, he always returned to his first love. Falz rose to prominence after releasing the song Mary Me, which featured Yemi Alade and Ladipoe.
The 30-year-old was nominated for the Nigerian Entertainment Awards in 2015 for "Best Rap Act Of The Year" and "Best New Act To Watch." Falz is also the only Nigerian rapper to win an award for his acting abilities. $4.1 million in net worth
16. Duncan Mighty $4 Million
Duncan Mighty is a multi-award-winning singer from Rivers State, Nigeria, who hails from Obio-Akpor. Duncan is Duncan Wene Mighty Okechukwu's real name.
His music is distinct in that he sings in both English and his native tongue. He has a distinct voice as well. He is an entrepreneur that owns a construction company with a truckload of employees, in addition to being a musician. He has a net worth of $4 million.
17. Tekno $4 Million
Following his performance of the song "Onye Ne Kwu" at an Abuja event in 2012, Tekno was discovered by famed comedian Julius Agwu. He met Iyanya and Ubi Franklin at the same event and the three became friends.
In 2013, he got signed to Made Men Music and released singles such as Dance and Anything. These songs increased his popularity, and he gained multiple accolades as a result of them.
Duro," his smash track, was well-received both domestically and internationally. He then went on to release a remix of Duro, including Flavour and Phyno — it's impossible to go wrong with the two on a track.
Today. Tekno is now one of Nigeria's wealthiest musicians, with a net worth of $4 million.
18. Kizz Daniel $1.5 Million
Even though there is no prize for it, he is the fine boy of the entertainment sector. Kizz Daniel is a multi-talented musician with good looks to match.
In the year 2013, he was signed to G – Worldwide, a company owned by businessman Emperor Geezy, but in November 2017, he quit to form his own label, Fly Boy Inc Records, which has produced a lot of fantastic music from the singer.
In 2021, he had a set of triplets, but only one of them – Jamal – survived. $1.5 million in net value
who is the richest musician in nigeria 2022?
Richest Musician In Nigeria 2022:
In Summary, the richest musician in Nigeria are as follows;
Davido's net worth is $45 million dollars
Wizkid's net worth is $38 million dollars
Don Jazzy's net worth $35 million dollars
Burna Boy net worth $17 million dollars
RudeBoy's net worth is $16 million dollars
D'Banj's net worth is $13.5 million dollars
2face Idibia's net worth is $13 million dollars
Peter P's net worth is $12 million dollars
Olamide's net worth is $10.5 million dollars
Mr Flavour's net worth is $10.2 million dollars
Phyno's net worth is $10 million dollars
Banky W's net worth is $9 million dollars
Timaya's net worth is $8.5 million dollars
M.I Abaga's net worth is $8 million dollars
Patoranking's net worth is $6.5 million dollars
Falz's net worth is $4.1 million dollars
Duncan Mighty's net worth is $4 million dollars
Tekno's net worth is $45 million dollars
Mr Eazi's net worth is $3 million dollars
DJ MoreMusic net worth is $2 million dollars