Richest Musicians In Nigeria 2018/2019 And Their Net Worth

Richest Musicians In Nigeria 2018/2019 And Their Net Worth latest Update
  1. Davido
  2. wizkid
  3. Don Jazzy
  4. D Banj
  5. 2face Idibia
  6. Peter Okoye
  7. Paul Okoye
  8. Timaya
  9. Banky w
  10. Olamide

You will totally agree with me that the music and as well entertainment industry is one of the best things that has happened to Nigeria. If you are a good lover of music, you would probably want to know the top 10 richest musicians in Nigeria today. I must tell you that they all got talents, hardworking and as well unique individually too! But only the best is what we have picked and they are all listed here in this publication today about the richest Nigerian musicians. See who are the richest musicians in Nigeria and how much is their net worth!

It is no longer news to know or understand that there is a lot of money to gain as a musician and from my observations, this statement is not far from the truth. People get things wrong when they venture into music without completing their studies or not even enrolling into any higher institution to pursue their degree.

These top artists / musicians have been doing too well making several millions from the music industry showing for their hard works. They don’t only make money for themselves but they do also enhance Nigerian’s reputation as well too in Africa and worldwide revealing that our great country Nigeria can produce the most talented music stars. These talented musicians hard work and perseverance is an example to many young fans and people who look up to them.

READ THIS: Richest Gospel Musicians In Nigeria 2018/2019 and Net Worth

Well without delay, we shall begin to see in turns the richest musician in Nigeria today. Don’t forget that, in this publication you will be able to see through the top 10 richest musician in Nigeria and their net worth as well. In addition, that, you will also be able to see or find out more interesting facts about these guys

To become successful in your music career today, you have to be educated. The reason i say that is simply because, music involves the combination words to make it flow. so without been educated at least knowing how to read and write how do you then do this without a proper knowledge of grammar. It is very obvious that money is circulating in the Nigerian music industry and a enviable sum for that matter this is why people are resorting to starting their own career in music without proper education . We are also aware that The Nigerian entertainment industry has improved over the years with local music being one of the sector to see rapid development. But this doesn’t mean everybody should dive into music.

If you take a good look at artistes who have sprung up in the Nigerian music industry recently, they are all equal to the task which is one major reason they are winning in their career. What we can see these days in The Nigerian entertainment industry is that hard work is paying off now and our musicians are gradually gaining international recognition. Being a musician in Nigeria is now seen as a profession and most singers in the country make decent cash on a daily basis. The figures and rating of their net worth is drawn from cumulative wealth, gig fee, endorsements and probable investments by these artists. Are you ready to see the top 10 2018/2019? if yes, Then less read on!!

Richest Musicians In Nigeria 2018/2019 And Their Net Worth


The number one person and top richest Nigerian musician on our list today is david adeleke popularly known with the stage name as davido also known for using a popular slang “the baddest”.

This young Nigerian musician is often regarded as OBO (Omo Baba Olowo) which means son of a wealthy man. He was the lead act in his HKN music group, a label he co-founded with his brother before they parted ways, he went to establish his own record label “Davido Music Worldwide”

The DMW big boss has arguably made the most money in the past 13 months compared to any other contemporary Nigerian artists.

The singer davido is the pilot of the popular thirty billion gang (30 billion). It was recorded from research to have made the best hot songs in the past year too.

Since the previous year, david adeleke who is also known as davido the baddest has been touring around the world doing performances at sold out concert during the ‘30 billion tour’ which is still ongoing.

The previous year has been a fantastic one for the baddest. As his tracks has been going viral all over everywhere most especially tracks like

  • IF
  • FALL
  • FIA
  • Assurance

Have crossed over 80 million views on you tube. David has revealed that he has made over $ 1 million off ‘pon-pon’ sound.

Davido has also secured new endorsement with the following bodies….

  1. AXE (a perfume brand)
  2. Infinix mobility etc.

He has been rumored to have recently purchased a Bombardier Jet. Davido’s net worth 9 billion Naira.

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2: Wizkid

Ayodeji Ibrahim Balogun popularly known with the stage name as wizkid is the second richest Nigerian musician from our drop-down list. The young multi-millionaire wizkid right from childhood loves singing and his passion was music recording. The young talented millionaire was born in surulere in lagos state Nigeria, on the 16th of July 1990. He released a collaboration album at the age of 11 with the group “Glorious Five”, which was formed by him and his friends in church. He is also known as StarBoy and Lil Prinz – the first one is the name of his label Starboy Entertainment.

Wizkid gained fame with the release of “Hola at your boy”, the song from his debut album “Superstar” in 2010 which is still sang by his fans till date. Afterwards, he has released three mega-successful albums, as well as one compilation album and even recorded a hit song “One Dance” with worldwide famous celebrity Drake. This song showed up in Guinness book of record of Wizkid becoming the first Afrobeat musician to appear in this book.

Wizkid has a lot of lucrative endorsement deals with the following bodies as well:

  1. Glo
  2. Pepsi

Wizkid has got three (3) offspring (children) and all of these where simultaneously gotten from different baby mamas. His ldest son is named Boluwatife Balogun while the second son is Ayodeji Balogun (name sake) and the last child which was named Zion Balogun by a woman named Binta Diallo.

Young Wizkid is able to secure this spot as result of his recent achievements in his music career. You would agree with me that Wizkid has suddenly turned out to become one of the most popular Nigerian singer in the world not only Nigeria this time. He has been able to break into the international market featuring a lot of American singers like Drake, Chris Brown, Trey Songs and many other popular international faces……Wizkid net worth is N8 billion.

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Michael Ajereh Collins better known as Don Jazzy takes the number 3 spot on the list. is one of the richest person in the Nigerian Entertainment Industry as a musician and a producers. He is the only person on this list who has featured in quite a number of songs but doesn’t have one track to his name.

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 endorsement deal from brands like the following:

  1. Samsung
  2. Loya Milk
  3. Konga and many more others.

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

4. D’BANJ “Koko Master”

D’Banj is not just one of the richest Nigerian musician today but also the most accomplished and successful  who broke into the international scene many years ago and paving way for other Nigerian artistes to shine internationally. He is known in Nigeria for his outstanding music, memorable songs, and televisionwork. His full name is Oladapo Daniel Oyebanjo, and he was born on June9th, 1980, in Zaria, Kaduna State. He won a lot of African, European and American awards for his Afropop and R&Bcompositions, carefully mixed with pop motives. His nickname is a creative combination of his name Dapo and the last name Oyebanjo. In 2016, he held the first place in T.I.N. Magazine’s rating of the richestsingers, but since then, a few Nigeriansuperstars moved them to the fourth place.

Nevertheless, he still remains popular. He has four studio albums, is featured on two compilation albums, and has released a huge number of hit singles.

D’Banj is married to Lineo Didi Kilgrow. Unfortunately, their little son Daniel III passed away in a tragic drowning accident in their house. D’Banj was not in the country at the time – he was at the BET Awards ceremony in Los Angeles. D’Banj net worth is N6 billion.


The simple fact is that this man is not really innocent as his name suggests, because there is so many baby-mama dramas in his life but we are happy with him of late that he has finally decided to become a responsible father.

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 withthe following bodies,

  1. Glo
  2. Campari
  3. airtel etc., 2Baba has several real estate investments including his Rumors Night Clubs in Lagos.

“2Face” Idibia is that Nigerian musician that has an extremely likeable personality because of his gentle lifestyle.

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

READ THIS: Top 10 Richest Hausa Kannywood Actors and Actresses In Nigeria 2018/2019


Here is another half of the former popular duo, P-Square Nonetheless, Peter Okoye is pursuing a great career on his own and has a lot of lucrative endorsement deals – such as Kia Motors and Olympic Milk, as well as many others. Peter, like his brother, was born in Jos. Peter Okoye net worth is a little more than his brother’s.

Speaking of Peter’s family, he is married to his longtime partner, Lola Omotayo, who is a marketing representative. Their wedding in 2013 was really posh, and a lot of stars were invited. Together they are parents of two beautiful children – the son Cameron and the daughter Aliona. his net worth is N5.8 billion.


Rudeboy member of the defunct Psquare duo takes number 7 spot. Paul Okoye and his brother used to dominate the African music scene until they split up last year.

The duo used to charge about highest gig fee for a Nigerian artist, that has somehow changed as he stands alone.

Notwithstanding, Rudeboy is still a big shot in the music business with his estimated net worth valued at about N5.6 billion.

Latest News

The Okoye brother are currently fighting each other and it seems they are heading for breakup. We just pray they never split because if they do there will be a lot of consequences because both of them can’t succeed in their separate career trust me. One of them must go down the drain just like what happened in the case of Kcee and Presh.


Born Enitimi Alfred Odom, the Nigerian dancehall king is one of the top 10 richest artists in the game. The DM Records boss is not cheap when it comes to his gig fee.

According to close sources, Timaya charges 8 million Naira to show up and perform at any event.

Currently, Timaya 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. Timaya’s estimated net worth is put at N4 billion.

10: Olamide

Olamide Adedeji, simply known in Nigeria and by fans as Olamide (his other nicknames are Olamide Baddo and BaddoSneh), is a rising superstar of Nigerian hip-hop music. He was born on March 15th, 1989, in Bariga, Lagos State. He is known for recording mostly in his native language, Yoruba. His career blossomed in 2011 when he released his debut album “Rapsodi”. The successful album was followed by the second album “YBNL”, which featured a few hit singles and they made Olamide popular in no time.

Nowadays, he has a total of seven studio albums and is featured on one compilation recording. He has won countless awards at the most prestigious Nigerian and African award ceremonies. He was also the first Nigerian celebrity to sign an endorsement deal with Ciroc brand. Currently, Olamide net worth is about N3.2 billion, just like Flavour’s.

Olamide has a beautiful wife, Adebukunmi Aisha Suleiman, who was the sweetheart of his young years. Together, they have a wonderful little son, Batifeori Maximilliano Adedeji, who is two years old. Olamide spends all of his free time with his little boy and shares his passion for football club Barcelona with him.

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