Top 10 Richest Musicians in Nigeria and Net worths in 2020

See the Top 10 Richest musicians in Nigeria and Net worth 2020.

Nigeria’s music and entertainment industry is now Nigeria’s fastest-growing economic industry, with a record 60% of Nigeria’s revenue from the music industry. In addition to the oil and gas sector, the entertainment industry is the most viable sector of our economy.

However, the music industry has hared a few young talents and their net worth is not something to write about at home. People like Davido, Wizkid, Yemi Alade, Don Jazzy, D’banj,  2face, Tiwa Savage, and many others have been charging millions of Naria Performance Fees and have won a lucrative approval agreement for many local and international companies.

Meanwhile, the record showed that the top 10 richest musicians in Nigeria in 2020 and their net worths really want so many ups and downs to get to where there are today. Here are some of the things that kept them going, they have a strong will, these people are very focused, they know well that it was necessary, they have a solid business plan, they strive big and must above all that they love the citizens of Nigeria and the world at large.

These are the Top 10 richest musicians in Nigeria 2020 and their net worths;

  • Wizkid
  • Davido
  • Don jazzy
  • Dbanj
  • 2Baba
  • Rudeboy
  • Mr. P
  • Timaya
  • Olamide
  • Phyno

 

1. WizKid – Net Worth $27 million 

Top 10 Richest musicians in Nigeria and Net worths in 2020
Wizkid Net worth 2020

Top 10 Richest Musicians in Nigeria and Net worth in 2020

Ayodeji Ibrahim Balogun (born July 16, 1990) is a Nigerian hip hop singer-songwriter.

He began recording music at the age of 11 and was able to publish a shared album with Glorious Five, a band he formed with some of his church friends.

WizKid has many lucrative approval agreements with leading brands around the world, including Glo and Pepsi.

Currently owns a label called Star Boys Records, According to Forbes, Wizkid has an estimated Net worth of $27 million in 2020.

 

2. Davido – Net Worth (2020)  $26 million 

Davido Net Worth 2020
Davido Net Worth 2020

David Adedeji Adeleke (born November 21, 1992) is a Nigerian singer and producer.

Born in Atlanta and raised in Lagos, David made his musical debut as a member of the music group KB International. By the way, Davido is also the Nigerian celebrity with the highest following on Instagram and other social platforms, and his tracks have the most views on YouTube.

In addition to being the Obo (OMO Baba olowo), he did everything to become an independent made person in his notebook without depending on his father’s wealth. He is the owner of Davido Music Worldwide (Dmw)

Davido also has several endorsements with International and large Nigerian companies and this amounts to his having an estimated net worth of $26 million in 2020.

 

3. Don Jazzy – 2020 Net worth $20.8million.

Top 10 Richest musicians in Nigeria and Net worth 2020
Don Jazzy Net worth 2020

Top 10 Richest Musicians in Nigeria and Net worth in 2020

Michael Collins Ajereh, well known as Don Jazzy or Don Baba J, is a big Nigerian producer, singer, songwriter, record label owner and entrepreneur.

He worked with D’banj to create one of the largest record companies in early 2000 and became an important figure in the Nigerian music industry.

Don Jazzy and MAVIN Records have several sponsorship agreements with brands , international and local companies around the world. Tiwa Savage got signed to Roc nation from his record label.

If you are a woman it might interest you to know that he is not yet married and is not known to have a relationship, so he is one of the most suitable singles around.

Don Jazzy has an estimated Net worth of $20.8million in 2020.

 

4. D’Banj- 2020 Net Worth $17million

Top 10 Richest Musicians in Nigeria and Net worth in 2020

Top 10 Richest Musicians in Nigeria and Net worth in 2020
D’Banj Net Worth 2020

Oladapo Daniel Oyebanjo (born June 9, 1980) is a Nigerian musician, singer, songwriter, tv presenter, entrepreneur, and rapper.

He has won numerous music awards, including the 2007 MTV European Music Award for Best African Act and the 2009 MTV African Music Award for Best Artist. Best International ACT: Bet Awards 2011 In Africa, best-selling African artist at the 2014 World Music Awards, MTV Africa Music Awards 2015 Evolution Awards.

D’banj’s net worth in 2020 is now estimated by Forbes to be around $17million dollars.

 

5. 2 Baba – Net Worth 2020 $16.5million

Top 10 Richest Musicians in Nigeria and Net worth in 2020
2Baba net worth 2020

Top 10 Richest Musicians in Nigeria and Net worth in 2020

Innocent Ujah Idibia (born in Plateau, Jose, Nigeria, known for his stage name 2Baba) is a Nigerian singer, songwriter, producer and entrepreneur. Until July 2014, he was called 2 Face Idibia.

He is one of the most decorated and successful Afro-pop artists in Africa and one of the most decorated artists in Africa.

His years in the industry have also won him some endorsement gigs with Campari, Glo, Guinness and many other major brands.

He has won several awards and owns several properties and is now the CEO and owner of Hypertext Discs. 2Baba has an estimated net worth of $16.5million in 2020.

See Busta Rhyme’s net worth in 2020.

 

6. Rudeboy – Net worth 2020 $16.1million

Top 10 Richest Musicians in Nigeria and Net worth in 2020
Rudeboy Net Worth 2020

In addition, our list of 10 richest music artists in Nigeria has nothing but the other half of P Square duo Paul Okoye by name.

According to Forbes, his fortune is worth $16.1 million dollars (6.3 billion euros), only a fraction of his twin brother’s net worth. In any case, he did very well on his own and was with his brother Jude Okoye, who was a producer in the P-Square era.

Paul Okoye prefers to call himself rude boy.

 

7. Mr. P – Net worth in 2020 $15.6million

Top 10 Richest Musicians in Nigeria and Net worth 2020
Mr. P Net Worth 2020

Top 10 Richest Musicians in Nigeria and Net worth 2020

Peter Okoye, one of the previous P-Square Duo, has made a list of 10 of Nigeria’s richest musicians with an estimated net worth of $15.2 million dollars (5.8 billion euros) in 2020, according to Forbes estimates.

Peter Okoye is under contract with Olympic Milk, Kia Motors and several other large companies and has lucrative sponsorship contracts.

Everyone’s favorite twins and musical duo, P Square, is no longer together, but they are doing very well on their own.

 

8. Timaya – Net worth 2020 $13 million

Top 10 richest musicians of Nigeria and net worth 2020
Timaya Net Worth 2020

Enitimi Alfred Odom (born August 15, 1980), better known by his stage name Timaya, is an American singer-songwriter. He is the founder of the hip hop group from South South called Dem Mama Soldiers.

Timaya’s musical career is more than ten years old, and her had one of the most active voices in the music industry.

Put Timaya in rhythm and he would kill it; It was once the joke that paraded the music industry. Timaya has an estimated net worth in 2020 of $13 million.

 

9. Olamide – 2020 Net worth $9.5 million

Top 10 richest musicians of Nigeria and net worths 2020
Olamide Net worth 2020

Top 10 richest musicians in Nigeria and Net worths 2020

Olamide Adedeji (born March 15, 1989 in Olamide, But popularly known as Olamide Baddo or BaddoSneh) is a Nigerian hip hop rap artist.

He is CEO of the YBNL label, which is one of the best labels in Nigeria and Africa in general.

He is consistently killing his shows and earned lucrative licensing deals with the big brands have done enough to earn him a well-deserved tenth richest musician in Nigeria.

In the meantime, Olamide net worth in 2020 is $9.5 million.

 

 

10. Phyno – net worth of $8 million in 2020

Top 10 richest musicians of Nigeria and net worth 2020
Phyno Net worth 2020

Chibuzor Nelson Azubuike popularly known by his stage name Phyno is widely identified as the best Igbo rapper and one could hardly find any igbo rap artiste as successful as he is.

Phyno is considered remarkable for the lush flow of his Igbo dialect, which makes him a well-known rapper throughout Nigeria. It’s not surprising he made it to the Top 10 Richest musicians in Nigeria and Net worth 2020.

Meanwhile, the talented rapper is greatly admired by the just Igbo, in the same way, a variety of Yoruba enjoy the charisma of Olamide.

Currently, Phyno have been booked for excellent shows, commercials and endorsements for brands like Tom tom, Guiness and others. He does his annual show called Phynofest in the south Eastern part of Nigeria. Phyno has an estimated net worth of $8million US dollars in 2020.

 

Check Tiwa Savage 2020 net worth.