Top 10 Nigerian Richest Musicians And Their Net Worth

Are you looking for the current Top 10 Nigerian Richest Musicians And Their Net Worth ? If yes, this post is for you.

Nigeria is blessed with a lot of intelligent and talented people. Although a few bad eggs use their God given talents they would have put into use in a more credible and honorable way to do dishonorable things and defraud a lot people all over the world.

Those bad eggs have not made us entirely bad and worthless. Of course their actions show the truth of the saying that in every 12, there must be a Judas.

On the other hand, Nigeria has many of her citizens who are pulling weight in myriads of fields of human endeavor all over the word doing us proud every now and then.

In this article, we want to talk about a few Nigerian musicians who have done us proud and are reputable all over the world for utilizing their music talent in a proper direction.

The success recorded by these artists is a testimony that there is no field of lives endeavor that one cannot be enriched in.

Discovering one’s talent and working towards developing it is the key to success. Why you may not be a good musician but may be good in other aspects of life.

Have you discovered your own talent? Try to find this out and do all you can to actualize your dream putting God first in everything you do. You may be surprised at the kind of height you will attain.


Below are our list of 10 Nigerians richest musicians and their net worth.




Timaya is a good vocalist among his hits are ”Sexy Ladies” and ”Ekoloma Demba’‘. Timaya net worth is – N1.1billion

He owns  a Range Rover and Escalade Truck  and 2010 Camry and another Range Rover in addition to a Bentley Continental GT Coupe. He bought the car worth $205, 000 (about N31m) and is currently building a multi-million Naira home for his mother in Benin City





popularly known as pop Prince of Africa, as WizkidStar Boy,  and Wizzy

Ayodeji Ibrahim Balogun is a backup artiste to Banky W. He is currently an international music star with a net worth of N2.3 billion.

He is currently charging 5 million Naira per single show and won the BET 2012 Award. He performed at the HMV Apollo on June 4, 2012 in London, England and at the BBC 1xtra Live 02 Academy in Brixton together with Trey Songz, Tulisa, Kendrick Lamar, and Angel. And also at the summer’s Yahoo Wireless Festival 2013 in London. He cruises on N15million Porsche Panamera.




He started as project fame ex-winner and is today a popular superstar recognized internationally. Iyanya’s song is “Kukere” which enjoys over 15 million views on YouTube. Iyanya net worth is N2.5 billion.



Davido-David Adeleke

Davido is a great vocalist. Davido is an extraordinary singer and song maker. His two songs are “Aye” and “Gobe” . The two enjoys15 million and 11 million download on YouTube. His  net worth is – N2.9 billion.



2Face Idibias

Tu Face is the most popular Hip hop music artiste and recognize in African music industry. He blows the trumpet; and will be studied in round African universities for his achievement in hip hop. His biggest hit is the African Queen. All other song produced by him are less popular than the African queen. His net worth is N4.5 billion.

He had N20m endorsement deals with Guinness, and N22m deal with Airtel. He charges around N4m for a show. He established 2Face Idibia Reach-Out Foundationwhich renders service to humanity. He has millions of fans. He earned N30m from the producers of Phat Girls movie.



Banky  W

Banky W also known as Mr. Capable is one the Nigeria’s top most music artistes in relation to his riches and affluence. He is a singer and song-writer. He was one of the first Nigerian musicians to trust the Wiz kid’s musical aptitude His affluence is gotten from his endorsements and music shows.  He is the CEO of EME records and charges around N3m per show and performs on a weekly basis between three to four times. He is a representative of Estisalat and a representative of Samsung Mobile for the West African Region.


He is also a business man aside his music talent.  He established the Mr. Capable Foundation, where he offers tuition fees to poor and bright students. He had sold millions of his CD records is doing very well in a lot of Corporate Marketing crusade. He has won a lot of musical awards..



Flavour N’aBania

Flavour has been featured in the song of nearly all Nigerian artistes. He has a good vocal capacity. He is one of the best Nigerian musicians and can play the guitar very well.

He is just exceptional and unique and hard for any other musician to copy him. He is physically handsome, a good vocalist and an excellent music instruments player. Many in the industry aspire to be like him. Flavors’ net worth is N5.7 billion.




Dapo Daniel Oyebanjo is commonly referred to as D’banj as well as the Koko Master and the Eja nla of Africa. He was born in June 9, 1980. He is a singer and song writer. He plays the harmonica as well. He moved from street life in UK to produce MoHit and today he is one of Nigerias’s biggest music super stars. His leading song is Oliver Twist, the last song produced by Don Jazzy. It was temporary more popular than P-Square’s songs in 2013 as the highest viewed Nigerian song on YouTube before Personally from P-Square reclaimed the number one spot. D’Banj net worth is – N5 billion.

D’banj is a successful business man who pursues other interest apart from his music. He is the owner of  KoKo water, Koko Garri, Koko Mansion and  a classy Koko Lounge bar in Lagos and the UK.  He established Koko Mobile and is working toward starting Koko mattress and Koko condoms.

The greater part of Dbanj’s  wealth is gotten from his music endorsements deals- a multimillion naira deal  with Chris Aire, a deal with UAC Foods, Power Fist energy drink, Virgin Colour soft drink and with Globacom telecommunications at the tune of N70m.  He charges between $80,000 to $150,000 for African shows and  £40,000 to £60,000 for UK shows; and $50,000 to $60,000 for American shows.  He drives a 32 million naira Aston Martin Vantage.



Don Jazzy

Although included in our list, Don Jazzy does not single handedly own a song.  Despite that he has a lot of money and is accorded with so much respect. He is merely a music trainer, an extraordinary producer and a music innovator. He trained D’Banj to world-class superstar, and when D’Banj was gone, he trained a lot of other music superstars. He is the producer of Dorobucci, Eminado, Sulurere, Banana and MoHit saga are some of his main productions. His net economic worth is N7 billion.




P-Square tops our list of the 10 most affluent musicians. From doing what we think is their best, they move on to do even much more to praise and admiration of many especially music enthusiast. No Nigerian musician can compare with them. While in Africa, they rank second after Akon as the top most African music stars. Musicians like Fela, Ndiaye, Lucky Dube, Blenda Fassie, and Awilo Logomba pulled weight and are very popular music stars but when it comes to popularity and affluence joined together, P-square top high among Nigeria’s music artists. P-square was accorded respect by Micheal Jackson’s brother- Jermaine Jackson when spoke of them as a versatile group. Psquare owns a Multi-Million naira home in the US, in the city of San Francisco. The house was purchased in January 2013 is worth over N434 million Naira. (N434, 000,000)

Psquare’s makes their money through concerts conducted mostly in African sub region. They have sold over million copies of their CDs from 2005 till date.


They won the KORA award for top most Africa Artiste in 2010 and a gift of $1m (N150m).  Not long after that, they were given a backing deal from Globacom to the tune of N240m for four years. They are the owner of Rayfield Hotel, Jos,  in addition to two multi-million naira factories also located in Jos- a multimillion naira bakery and sachet water companies for their dad and mum, in addition to other investments.  They charge just about N3m for every show.


P-Square has two (SUVs), one hummer SUV, truck bus, Toyota Altima and other vehicles.  In December 2011 the Psquare signed Akon Konvict music multi-million Naira deal. They as well are owners of landed properties in Jos, Port Harcourt as well as a N400 million house owner in Lagos. They purchase a private jet in 2012.



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Blessing Smart is a Business Analyst and Content Developer at InfoGuide Nigeria is a team of Resource Persons and Consultants led by Ifiokobong Roberts. Page maintained by Ifiokobong Roberts. If you need a personal assistance on this topic, kindly contact us.

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