Meet top 10 richest Musicians in Nigeria and their net worth 2018

Who do you think will make the list of top 10 richest Musicians in Nigeria? Just like in Sport, there is lot of money in music. Today i am going to give you the latest top 10 richest Musicians in Nigeria according as released by Forbes. Some Nigerians have broken the border exploring their music talent to the entire world. Grabbing awards around the world.

Here without partial i will introduce to you the richest Nigerians musician just the top ten of them. You love them, listen to their songs, follow them on social media, buy their album and in return their bank accounts swelling. Forbes always released the list of billions in all aspect of life, including the music industry which is under the scope of the discussion here.

Some Nigerians music have made a fame with their talent and of course have made a lot of money from the niche which is regarded as one of the lucrative niche in the world. The likes of Davido, Wizkid, 2Fac and others are doing fantastically well.

Some Nigerians also engaged in an verbal argument about you is richer between Davido and Wizkid. i am going to provide the fact about that argument.

Now back to the top 10 richest Musicians in Nigeria and what they earn, i am show a recent report from Forbes and i am going try my best to give accurate data. I am going run the list of lowest bottom.

So Meet:

top 10 richest Musicians in Nigeria and their net worth

10. Flavour (Net worth N3.2 billion)


Flavour, very popular with Igbo ladies maybe because he is very handsome. Congratulation to him as he made my list top 10 richest musician in Nigeria. Flavour real name is Chinedu Okoli also known as Flavour N’abania.  He is currently worth N3.2 billion. Flavour is my number 10 richest musician in Nigeria.

He was born on 23rd November 1983. His first album which is N’abania was the first album that was released in 2010.currently his net worth is estimated as N3.2 billion. He has many endorsements deals with many brands e.g bullet, hero beer and many more.

Flavour has won many awards which include best music video of the year, MTV Africa music award and many more. he is a brand ambassador for brands like Bullet Energy Drink, Hero Beer etc.

9. Olamide Badoo (Net worth N3.2 billion)


The number nine on my list is Olamide Badoo. Olamide Adedeji popularly called Badoo is popular with the Governor of Lagos State Akinwumi Ambody.  His net worth is estimated at N3.2 billion.

Born on 15th of March 1989, he founded the popular music record Label YBNL. The group has produced stars such as Lil kesh, Chinko Ekun and Adekunle Gold.He signed endorsement deals with ciroc, Glo and Sterling bank that worth #30 million. He is also an ambassador of Etisalat.

He won numerous awards which include headies awards, MTV Base awards and so on

8. Banky W (Net worth N3.5 billion)

Banky W

Banky W make the list of my top 10 richest musicians in Nigeria. He goes by the real of Olubankole Wellington. He net worth is estimated at N3.5 billion.

Apart from music, Banky W also pick interest in acting, In his Movie Wedding party ranked high amount the good. He eventually found his wife from the movies as he married to one of the leading actress in the movies Adesua Etomi.

Banky W has signed so many endorsement deals worth millions and he is a brand ambassador for many companies e.g Uber hail cab service provider and he is the first Nigerian celebrity to be awarded such honor.

He is the first ambassador of Samsung electronics and endorsement of vodka brand ciroc and 9mobile.

7. Timaya (Net worth N5.5 billion)


Timaya is the number seven on my list of top 10 richest musicians in Nigeria. He goes by the real Entimi Alfred Odom . His net worth is valued at N5.5 billion.

Timaya has endorsement deals worth millions with Glo and cognac brand Henessy. Timaya charges 8 million Naira to show up and perform at any event.

Currently, he has endorsements deals worth several millions with Nigerian TeleCo Glo and Cognac brand Hennessy.

A few months back Timaya moved into a palatial mansion of a house in Lekki worth hundreds of millions.

6. Peter Okoye (Net worth N5.8 billion)

Peter Okoye

Peter Okoye of the defunct Psquare duo, make my list of top 10 richest Musicians in Nigeria. He is still doing fine as a solo artist.

Even before the split, Peter had solo endorsements deals with Kia motors, Olympic Milk etc. Since the breakup, Mr. P has embarked on solo tours America, Europe etc.

The dancer and singer has a new clothing line in the works awaiting official unveiling. His estimated net worth is N5.8 billion.

5. 2Face (Net worth N5.9 billion)


2Face is the number fifth in the list, with over two decades strong in the Nigerian Entertainment industry, Innocent Idibia better known as 2Face or 2Baba is a double OG.

The 42-year-old singer has a brand-friendly persona which has seen him clinch mouth-watering deals even ahead of younger colleagues.

Currently has endorsements with Glo, Campari, etc., 2Baba has several real estate investments including his Rumors Night Clubs in Lagos.

The “Gaaga Shuffle” crooner’s estimated net worth spikes to about 5.9 billion Naira.

4. D’banj (Net worth N6.0 billion)


His music may not be his best selling commodity at the moment but D’banj’s business and branding acumen are as strong as ever, a big negotiator.

He is a brand ambassador to top brands, besides his brainchild CREAM Platform was valued last year by an American firm to be worth about $100,000,000.

A decent amount of about 6 million would be needed to put D’banj on stage to perform. He is worth an estimated figure of about 6 billion Naira.

3. Don Jazzy (Net worth N7.5 billion)

Don Jazzy

Michael Ajereh Collins better known as Don Jazzy takes the number 3 spot on the list.

The ace music producer has moved on quite seamlessly from being a beatmaker to a full-fledged businessman. Don Jazzy is the CEO of Mavin Records which houses top stars like Tiwa Savage, Reekado Banks, Korede Bello etc.

He has many music related businesses known and unknown. The music maker’s net worth is valued to be around N7.5 billion.

2. Wizkid (Net worth N8.0 billion)


Ayodeji Ibrahim Balogun popularly known as Wizkid fondly called Star boy is the second richest Musicians in Nigeria. Wizkid is the biggest music export out of Nigeria in the past 4 years.

The singer’s achievements are enormous including topping Billboard Hot 100 Music Chart, earning a Grammy Award nomination, several legit international collaborations, performing at international music events etc.

However, in all these things Wizkid has the money to show for it. The Starboy honcho charges about 12 million to as gig fees and even more when it’s outside Nigeria.

Wizkid is a luxury King from wardrobe, automobiles, gadgets etc. His net worth has jumped in the past 12 months and is pegged at about 8 billion Naira.

  1. Davido (Net worth N9.0 billion)


Meet the richest musician in Nigeria. He has beat Wizkid to it. The OBO (Omo Baba Olowo) is one of the wealthiest men in Nigeria. Nigerian entertainer and record label boss David Adeleke sits at the summit of the list of top 10 RICHEST Nigerian musicians.

Davido was born on 21st November 1992 and attended the British International School in Lagos and also studied business administration in USA.

He is a Nigerian producer, Singer, song writer, record producer. Davido is the co-owner of HKN music and he produced songs for Tiwa savage, Skales and Naeto C.

The DMW boss has arguably made the most money in the past 12 months than any other contemporary Nigerian artists.

The singer is the leader of the popular 30 Billion Gang, he has made the most hit songs in the past year too.

Since last year Davido has been touring around the world performing at sold out concerts during the ‘30 Billion Tour’ which is still ongoing.

The past year has been fantastic for Davido, his tracks “IF”, “Fall” have crossed over 60 million views on YouTube. Davido has revealed that he has made over $1 million off ‘pon pon’ sound.

He has secured new endorsements with perfume brand AXE, Infinix Mobility etc. He has been rumoured to have recently purchased a Bombardier Jet. Davido’s estimated net worth is put at about 9 billion Naira.

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Omotimehin Nelson is the chief editor of as well the chairman of Nestec group that powered the news media He ventures into professional investigative journalism and he is now award-winning news and content writer. Connect with me for more