Top 30 richest musicians in Nigeria and their net worth 2023

In this article, you will find out the top richest musicians, their net worth, family, height, career, and current relationship status.Information Guide Nigeria

Despite coming from a wealthy family, Nigeria’s richest artist has never had an advantage over other musicians. Everyone puts forth a lot of effort, including the supposedly “popular kids.” Therefore, none of these performers were handed fame and prosperity from birth.

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The majority of Nigeria’s wealthiest musicians were already preadolescent when they found their skills, and they had always known they wanted to be artists. Others, meanwhile, realized they wanted a completely other vocation while in high school or college.

Top 30 richest musicians in Nigeria

The majority of Nigeria’s top 30 wealthiest musicians are from low-income families. As a result, they battled and overcame all odds to become the celebrities that the world now recognizes. This list of the wealthiest artists in Nigeria includes some of their possessions and an estimation of the market value of each car. Some celebrities might not replace certain of the cars listed here in a few years due to the easily replaceable nature of some of the properties.

30. Teni – $600,000

  • Full name: Yemi Eberechi Alade
  • Occupation: Singer and songwriter
  • Born: 23 December 1992
  • Birthplace: Lagos, Nigeria
  • Age: 29 years (as of May 2022)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, and licensing fees

Teniola Apata is the ninth kid of a family of ten. Her deceased father was a retired brigadier from Nigeria. On January 8, 1995, he was killed in front of his family.

His honor is represented at Apata Memorial High School, a private boarding school in Lagos, Nigeria, with a military aesthetic. The singer’s mother is from Ondo, and in 2013, the singer’s older sister, Niniola, took part in the sixth season of Project Fame West Africa.

Teni graduated from Apata Memorial High School and American InterContinental University with a degree in Business Administration. Her mother cautioned her and suggested that she finish her degree before pursuing a career in music.Top 30 richest musicians in Nigeria

Teni rose to fame in 2017 thanks to the success of her Instagram freestyle. On MTV Base’s list of the 20 hottest Nigerian songs of 2018, her single, Askamaya, came in at number 15.

Teni joined Shizzi’s Magic Fingers Records before leaving to work for Dr. Dolor Entertainment. Wait, Amen, Lagos, Sugar Munny, and Pray are a few of her other tracks.

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Teni’s net worth

The multi-talented artist is worth $600,000 in total.

Teni’s house and cars

In 2020, the singer bought a pricey home. She also has these automobiles:

  • Lexus LX 570 (N135 million)
  • Mercedes Benz G-Wagon Suv (N70 million – N155 million)

29. 9ice – $1.2 million

  • Full name: Alexander Abolore Adegbola Akande
  • Occupation: Singer, songwriter, and dancer
  • Born: 17 January 1980
  • Birthplace: Oyo, Nigeria
  • Age: 42 years (as of May 2022)
  • Spouse: Olasunkanmi Ajala (2019 to present)
  • Children: Zion Akande, Michelle Abolanle Akande, Maya Akande, and Miya Akande
  • Source of wealth: Royalties, advances, playing live, music streaming sites, and licensing fees

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Nine children and five wives make up the polygamous family from which 9ice hails. Although he was raised in Bariga, a Lagos suburb, and his birthplace is Ogbomosho in Oyo State, he has always had a passion for music.

At Lagos State University, he quit his law program to pursue a career in music instead. The singer’s parents recognized his love of music at age 14 and encouraged him to pursue his goal.

In 1996, 9ice published his first recorded demo, Risi de Alagbaja, and in 2000, he dropped his debut hit, Little Money. Tradition (2009), Gongo Aso (2008), and Greatest of All Times > G.O.A.T. are just a few of the albums he has put out (2018).105 Good Morning My Love Messages 

The musician ran unsuccessfully in 2015 for a position representing Ogbomoso North Constituency in the House of Representatives.

9ice’s net worth

The estimated N500 million ($1.2 million) net worth of Alexander Abolore.

9ice’s house and cars

A villa in Lekki, Lagos State, belongs to the singer. He owns several expensive vehicles, such as:

  • Mercedes Benz C Class
  • Ferrari
  • Range Rover sport
  • Mercedes Benz G wagon

28. Kizz Daniel – $1.5 million

  • Full name: Oluwatobiloba Daniel Anidugbe
  • Occupation: Singer and songwriter
  • Born: 1 May 1994
  • Birthplace: Oyo, Nigeria
  • Age: 28 years (as of May 2022)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, and licensing fees

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Kizz Daniel (formerly known as Kiss Daniel) became interested in music when he was 11 years old and went on to become a well-known international performer. He attended Abeokuta Grammar School and received his education at the Federal University of Agriculture, Abeokuta, where he earned a degree in Water Resource Management and Agrometeorology Engineering in 2013.200 Romantic Love Messages for her

In 2013, Kizz Daniel signed a record deal with G-Worldwide Entertainment, but he left the company a few years later as a result of a court lawsuit and public contract disagreement. In November 2017, Kizz Daniel founded Fly Boy Inc Record.

Kizz Daniel’s net worth

At the moment, he is worth $1.5 million. The celebrity has a big fan base and numerous hits.

Kizz Daniel’s cars

The projected market pricing for Kizz Daniel’s vehicles is listed below:

  • Bentley Continental GT (N35 million)
  • Mercedes-Benz S65 AMG (N50 million)
  • Mercedes-Benz AMG GLE 63S Coupe (N35 million)
  • Ford Mustang (N11 million)

27. Wande Coal – $1.7 million

  • Full name: Oluwatobi Wande Ojosipe
  • Occupation: Singer and songwriter
  • Born: 18 October 1985
  • Birthplace: Lagos Island, Lagos, Nigeria
  • Age: 36 years (as of May 2022)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, and licensing fees

R&B Afro-pop is a style that Wande Coal performs. He received his first professional break as a dancer while participating in the teen choir of his church. He was signed by Don Jazzy’s Mo’ Hits Records in 2006. On D’banj’s Rundown/Funk you up album, Wande is a featured artist.

In the UK, Nigeria, and the USA, Mushin To Mo’Hits, Wande’s debut album, garnered overwhelmingly positive reviews. After disagreeing with Mo’ Hits Records’ executives, he and Tiwa Savage went on to Don Jazzy’s label, Mavin Records, in 2012.

Wande Coal is a fantastic stage performer, therefore his performances and concerts never have a dull moment. Additionally, he bought Nana Abbey, his manager, and buddy, a Mercedes Benz E200 Kompressor.

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Wande Coal’s net worth

With a net worth of $1.7 million, he is one of Nigeria’s most well-known musicians.

Wande Coal’s cars and houses

In 2016, Oluwatobi Wande purchased a Ferrari.

26. Runtown – $2 million

  • Full name: Douglas Jack Agu
  • Occupation: Singer, producer, and songwriter
  • Born: 19 August 1989
  • Birthplace: Enugu, Nigeria
  • Age: 32 years (as of May 2022)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, endorsements, and licensing fees

Runtown relocated to Abuja from Enugu after the passing of his father. He started making music in 2007, but his first single, Runtown, wasn’t released until 2010. In New York, the singer attends a fashion institute.

Runtown’s net worth

Douglas Jack has a $2 million net worth. He has signed several multi-million dollar contracts with well-known companies like Adidas and Telcos.

Runtown’s cars and houses

He owns a lovely home and was the first artist from Nigeria to purchase a brand-new Lamborghini in 2017.

  • Lamborghini Gallardo (N150 million)
  • Mercedes Benz G-Wagon (N37 million)

25. Harrysong – $2 million

  • Full name: Harrison Tare Okiri
  • Occupation: Singer, songwriter, and instrumentalist
  • Born: 30 March 1981
  • Birthplace: Wari, Nigeria
  • Age: 41 years (as of May 2022)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, and licensing fees

After relocating to Lagos in 2007, Harrysong, who had spent the majority of his formative years in Port Harcourt, met Kcee. His recording contract with E-Five money’s Star Music label was secured after Kcee introduced him to certain music industry professionals.JAMB Portal

After recording a song in honor of Nelson Mandela, he rose to fame. It received The Headies award in 2013 and was the most downloaded caller song.

Testify, the singer’s debut album was released in 2012. When She Loves, Better Pikin, and I’m in Love Remix feat. Olamide is one of his other well-known tracks.

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Harrysong’s net worth

One of Nigeria’s wealthiest musicians, Tare Okiri has a net worth of $2 million.

Harrysong’s house and cars

In Lekki, Lagos State, Nigeria, he has a mansion. Because he had trouble finding housing throughout his life, the musician pledged himself to buy a home as soon as he had money. The singer’s automobiles are:

  • Mercedes Benz S class
  • Hummer H2
  • Range Rover supercharged
  • BMW X6

24. Reminisce – $2 million

  • Full name: Remilekun Khalid Safaru
  • Occupation: Singer, songwriter, rapper, and actor
  • Born: 26 January 1981
  • Birthplace: Kaduna, Nigeria
  • Age: 41 years (as of May 2022)
  • Spouse: Iya Hafusa
  • Source of wealth: Royalties, advances, live performances, music streaming sites, endorsements, and licensing fees

While contracted to Coded Tunes in 2006, Reminisce recorded his debut album. He sings in Yoruba and English. At the Kwara State Polytechnic, the rapper studied Purchase and Supply.

His dedication and originality are credited for his musical accomplishment. Reminisce has continuously put out hit after hit. He was listed in 2014’s World Rappers You Should Meet list by America’s Times magazine.

Reminisce’s net worth

Remilekun Khalid was a brand ambassador for Samsung phones and is thought to have a net worth of $2 million.

Reminisce’s cars and houses

He purchased a 2017 Lexus SUV, purchased a home in Ikorodu, Lagos State, and shares additional automobiles on social media.

23. Duncan Mighty – $2.5 million

  • Full name: Duncan Wene Mighty Okechukwu
  • Occupation: Singer and music producer
  • Born: 28 October 1983
  • Birthplace: Port Harcourt, Nigeria
  • Age: 38 years (as of May 2022)
  • Spouse: Vivien Okechukwu (2015 to present)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, and licensing fees

Great hits like Hand of Jesus and Don’t Give a Shot were created by Duncan. Koliwater (2008), Footprints (2012), and The Certificate are some of his best albums (2016).

He began as an instrumentalist, played the drums, then attended college to study audio engineering. He was also a competent teacher at the National Youth Service.

2007 saw the release of Koliwater, the debut album by Duncan. His late father, who had passed away a year earlier, was honored by it. His ascent to popularity was aided by the album.

In 2010 and 2012, Duncan released his second and third albums, respectively. After releasing additional albums in 2014, he established Young Wealth Records.

Duncan Mighty’s net worth

With a net worth of $2.5 million, Wene Mighty ranks among the top 30 wealthiest musicians in Nigeria.

Duncan Mighty’s cars and houses

Duncan resides in Port Harcourt despite owning houses and properties all around the nation, including Abuja and Lagos. His home is a lavish one in Port Harcourt. These automobiles belong to the singer:

  • Porshe Cayman
  • Rolls Royce Phantom
  • Mercedes Benz E-Class Convertible
  • Ford Explorer

22. Tekno – $2.5 million

  • Full name: Augustine Miles Kelechi
  • Occupation: Singer and songwriter
  • Born: 17 December 1992
  • Birthplace: Bauchi, Nigeria
  • Age: 29 years (as of May 2022)
  • Partner: Lola Rae
  • Source of wealth: Royalties, advances, live performances, music streaming sites, endorsements, and licensing fees

Tekno began studying music at the age of eight, taking lessons on piano and guitar. Because his father was a member of the Nigerian army, he was raised in several different states, including Kaduna, Abuja, and Nassarawa.

Tekno was seen playing at an event in Abuja in 2012 by a Nigerian singer by the name of Iyayan. Friends Iyayan and Ubi Franklin, manager of the Made Men Music Group, persuaded Tekno to go to Lagos State to advance his musical career.

Tekno joined Made Men Music Group in 2013 and put out lovely hit songs. The rest is history and was a challenging and laborious trip.

Tekno’s net worth

The $2.5 million net worth of Augustine Miles. He supported several companies, including MTN (an N18 million deal). Additionally, in 2016, the singer inked a $1.7 million record deal with Sony Music.

Tekno’s cars

  • Black Range Rover HSE
  • Lamborghini Aventador
  • Bentley Continental GT
  • Mercedes Benz S550 Coupe
  • Unlimited Rubicon Jeep Wrangler
  • 2015 BMW X6

21. Chidinma Ekile – $2.8 million

  • Full name: Chidinma Ekile
  • Occupation: Gospel singer and songwriter
  • Born: 2 May 1991
  • Birthplace: Ikeja, Nigeria
  • Age: 31 years (as of May 2022)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, endorsements, and licensing fees

Gospel musician Chidinma is well-known for songs like Kedike. She became well-known after winning the 2010 season of Project Fame West Africa. The award included a music production deal and a brand-new Toyota RAVA4 worth N2.5 million.

Since then, Chidinma Ekile has established herself as a well-known female artist who has worked with renowned singers. The Bridge was her debut film. The sixth of Chidinma’s seven siblings.

Before her family relocated to Ikorodu, the singer attended primary and secondary school in Ketu, where she joined her church choir at age 10.

While she awaited acceptance into a mass communication program at the University of Lagos, she performed for company promotions using her singing abilities. But the college let her enroll in a sociology course.

Her parents informed her that she would not be able to see for a few months after birth. Chidinma, therefore, sang about it to motivate those going through a similar circumstance.
The wealth of Chidinma

Miss Ekile has a net worth of 2.8 million and served as an MTN and Moped sanitary pad brand ambassador for Kimya Holdings.

Chidinma’s cars and houses

Chidinma shared pictures of the home she made for her mum several years ago. These automobiles belong to the lady:

  • Range Rover Sport (N35.2 million)
  • Hummer H2 (N25 million)
  • Range Rover Evoque (N23.9 million)
  • Toyota Highlander (N14.3 million)
  • Toyota Camry (N10.5 million)

20. Yemi Alade – $4 million

  • Full name: Yemi Eberechi Alade
  • Occupation: Singer, songwriter, actress, and activist
  • Born: 13 March 1989
  • Birthplace: Abia, Nigeria
  • Age: 33 years (as of May 2022)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, and licensing fees

Yemi rose to prominence after taking first place at the 2009 Peak Talent Show while still a student. King of Queens, her debut studio album, was released in 2014 after she signed with Effyzzie Music Group. The songs Johnny, Tangerine, and Kissing are hits. Her popularity across the continent soared as a result of the three songs.

Mama Africa, Yemi’s second studio album, was released in 2016. In 2015 and 2016, she was nominated for the BET Awards’ Best International Act. Yemi made history in 2015 when she became the first female candidate from Nigeria for Best African Act at the MTV Europe Music Awards.

Her Yoruba father was a police commissioner, while her Igbo mother is of Igbo origin. She attends the University of Lagos and Victory Grammar School in Ikeja.

Yemi Alade’s net worth

Currently, Eberechi is worth $4 million. According to this ranking, she is Nigeria’s 20th-richest musician.

Yemi Alade’s cars and houses

Although Eberechi has not divulged much about her home, she periodically uploads pictures of the following cars on her social media pages:

  • Lexus GX 460
  • Lamborghini Hurricane
  • Mercedes Benz G Wagon
  • Toyota Prado SUV
  • Toyota Tundra Truck

19. KCee – $4.5 million

  • Full name: Kingsley Chinweike Okonkwo
  • Occupation: Singer and songwriter
  • Born: 18 April 1979
  • Birthplace: Ajegunle, Nigeria
  • Age: 43 years (as of May 2022)
  • Spouse: Ijeoma Okonkwo (2010 to present)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, endorsements, and licensing fees

KCee comes from a lowly family. His interest in music could have been sparked by the fact that his father was a DJ. While attending secondary school in Ajegunle, the artist worked odd jobs.

While singing in the church choir, he met Precious. The pair joined Kennis Music and started a hip-hop trio called Kc Presh (Kcee and Presh). Later, after leaving the label, they started KP Records.

The pair defeated Asa, P-Square, Mr. Raw, and Klint D Drunk to win the Premium beer company-sponsored 2002 Star Nigeria music competition. But they parted ways in 2011. 2013 saw the debut of KCee’s solo album via his brother’s label, Five Star Music. E-Money, a billionaire, is his brother.

KCee’s net worth

Kingsley Chinweike, one of the top artists in Nigeria, has a net worth of $4.5 million. In 2013, he signed a lucrative sponsorship deal with MTN. He was named the Federal Republic of Nigeria’s ambassador for peace by first lady Patience Jonathan. In 2015, he extended the MTN contract.

KCee’s houses and cars

Chinweike owns a mansion in Lagos and another in his ancestral village named Uli. The village is in Anambra state. His car collection includes:

  • Toyota Land Cruiser (N30 million)
  • Mercedes Benz G wagon (N35 million)
  • BMW 7 Series (N28 million)
  • Rang Rover Sport (N26 million)

18. Falz – $5 million

  • Full name: Folarin Falana
  • Occupation: Rapper, songwriter, and actor
  • Born: 27 October 1990
  • Birthplace: Mushin, Lagos
  • Age: 31 years (as of May 2022)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, endorsements, and licensing fees

His parents only had one child, Flaz. They are human rights advocates and attorneys. Wazup Guy (2014), Stories that Touch (2015), 27 (2017), and Moral Instruction are among the albums he has made (2019). The musician has also acted in several movies, such as Tinsel and Jenifa’s Diary.

Folarin attended Olashore International School in Osun State and St. Leo’s Catholic Primary School in Ikeja. He graduated with honors from the University of Reading in England with an LLB in law. He received his bar admission in 2012 from the Nigeria Law School in Abuja.

Falz’s net worth

An estimate of Folarin Falana’s net worth puts it at $5 million. Because of endorsement deals, record sales, and asset purchases, he rose to become one of the richest singers in Nigeria.

Falz’s cars

  • Rolls-Royce Phantom (N145 million)
  • Lexus LX 570
  • Vintage Mercedes-Benz
  • Car gift from Cheki

17. Ice Prince – $5 million

  • Full name: Panshak Henry Zamani
  • Occupation: Singer, songwriter, rapper, and actor
  • Born: 30 October 1986
  • Birthplace: Minna, Nigeria
  • Age: 35 years (as of May 2022)
  • Children: Jamal Zamani
  • Source of wealth: Royalties, advances, live performances, music streaming sites, endorsements, and licensing fees

Ice Prince attended the Catholic Secondary School while growing up in Jos. He would compose rap songs and perform them in class. Following that, Ice Prince attended St Murumba College, where the members of P-Square also attended. He once worked as a waiter while also making palm sandals to support his family.

He left school after his parents passed away and composed songs for well-known artists like M.I. before releasing his debut album in 2010. In 2019, he signed a contract with the US-based label 300 Entertainment. Along with other well-known names, it has Megan Thee Stallion.

From 2015 to 2016, Ice Prince served as Chocolate City’s vice president. I Swear ft. French Montana, Superstar, and Aboki are just a few of the many successes he has recorded. Along with Tony, the singer also appeared as a guest on Shuga Season 3 and in the movie House of Gold.

Ice Prince’s net worth

Panshak Henry has a $5 million net worth. He founded the Super Cool Cats brand in 2015, the Fir of Zamani (FOZ) clothing line in 2013, and the Superfly glass line. The celebrity has signed numerous endorsement contracts and even turned down an N100 million offer from Globalcom.

Ice Prince’s houses and cars

According to rumors, Panshak was building a luxurious home in 2015. The estimated cost of the cars he owns is as follows:

  • Lamborghini (N55 million to N300 million)
  • Range Rover Sports (N13 million)
  • Bentley GT Coupe (N13 million)
  • Mercedes Benz GL 12CB

16. Tiwa Savage – $5 million

  • Full name: Tiwa Savage
  • Occupation: Singer, songwriter, and actress
  • Born: 5 February 1980
  • Birthplace: Lagos Island, Lagos, Nigeria
  • Age: 42 years (as of May 2022)
  • Spouse: Tunji Balogun (2013 – 2018)
  • Children: Jamil Balogun
  • Source of wealth: Royalties, advances, live performances, music streaming sites, endorsements, and licensing fees

When Tiwa Savage was 11 years old, her family relocated to England. Before enrolling in Berklee College of Music, she graduated from Kent University with a degree in business administration.

After competing on the UK version of The X Factor, Tiwa joined Sony/ATV Music Publishing in 2009. She returned home in 2012 and signed with Mavin Records as a result of the rapidly expanding Nigerian music industry.

Many successful tracks, including Kele Kele Love, Love Me (3x), Ife Wa Gbona, and Eminado, were featured on Tiwa’s debut studio album from 2013. My Darlin and Standing Ovation were two standout tracks from her second album in 2015. She departed Mavin Records in May 2019 and shifted over to the Universal Music Group.

Tiwa Savage’s net worth

The artist has a $5 million net worth and has provided endorsements for several products, including Forte Oil, Star Radler, Maggi, and MTN Nigeria. The woman also participates in initiatives for cancer screening and youth empowerment.

Tiwa Savage’s cars and houses

She invested N75 million in a Lekki house, and Tiwa Savage has the following vehicles:

  • Rolls Royce Phantom
  • Bentley Bentayga
  • Mercedes-Benz Sprinter

15. Patoranking – $6.5 million

  • Full name: Patrick Nnaemeka Okorie
  • Occupation: Singer and songwriter
  • Born: 27 May 1990
  • Birthplace: Ijegun, Lagos, Nigeria
  • Age: 31 years (as of May 2022)
  • Children: Rapharanking Okorie
  • Source of wealth: Royalties, advances, live performances, music streaming sites, and licensing fees

Patoranking, the fifteenth-richest musician in Nigeria on this list, is well-known for using the slang phrase “Wha Ya Say.” The Nigerian reggae-dancehall star has released a nuseveralgles and been recognized with numerous honors, including the AFRIMA awards.

Nnaemeka went to Jibril Martin Memorial Grammar School in Iponri and Citizen Comprehensive College in Epe, Lagos. Before he started making records, he participated in street jams and carnival dances.

In May 2012, the artist released his track Iya Bisi with the assistance of Qdot and Kbaj. Before going independent, Patoranking worked for Dem Mama Records and Foston Musik.

Patoranking’s net worth

The total value of Nnaemeka Okorie is $6.5 million. He also takes part in children’s scholarship initiatives.

Patoranking’s houses and cars

His home is in the affluent Lekki neighborhood of Metro Garden. Below are Patoranking’s automobiles:

  • Porsche 911
  • Mercedes Benz G55
  • Mercedes G Wagon
  • 2014 Range Rover SUV

14. M.I. Abaga – $8 million

  • Full name: Jude Lemfani Abaga
  • Occupation: Rapper and record producer
  • Born: 4 October 1981
  • Birthplace: Jos, Nigeria
  • Age: 40 years (as of May 2022)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, endorsements, and licensing fees

The rap god of Nigeria is regarded as M.I. Abaga. Growing up, he had a fascination for music, and while studying business and economics at Calvin College in the US, he discovered poetry. Before moving to the US, the artist attended Baptist High School in Nigeria.

Jude Lemfani began making music in 2003, and in 2006, his hit, Crown Mentality, helped him become well-known in Plateau State. Before quitting the Chocolate City label and starting the Incredible Music label, he published the fourth album in 2010 and two more.

Between 2015 and 2019, the CEO of the Chocolate City label was a celebrity. One Naira, Your Father, Bad Belle, and Anti are some of his other well-known songs.

M.I. Abaga’snet worth

Lemfani has supported numerous companies, including GLO Mobile, and has an $8 million net worth.

M.I. Abaga’s cars and houses

Unconfirmed reports claim that the celebrity owns homes in Lagos, Taraba, and Abuja. The vehicles driven by M.I. Abaga are:

  • Mercedes G wagon (N30 million)
  • Bentley Continental GT (N42 million)

13. Timaya – $8.5 million

  • Full name: Inetimi Timaya Odon
  • Occupation: Singer and songwriter
  • Born: 15 August 1980
  • Birthplace: Port Harcourt, Nigeria
  • Age: 41 years (as of May 2022)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, and licensing fees

Timaya was raised in a big family and was born in Port Harcourt. His mother ran a small business, while his father worked in a bank. When the family went back to Port Harcourt, he remained back in Lagos.

Interim enrolled in banking and finance program at the Uniport, but she later dropped out to become a backing vocalist for the band Eedris Abdulkareems. After three years, Timaya went solo and met producer Obaksolo, who assisted in the release of his debut album.

Odon became a household name thanks to his third album, and in 2012, he founded the Dem Mama Records Music Label. The artist has released six albums and a lot of singles. Fans refer to him as the Nigerian Dancehall King.

Timaya’s net worth

Inetimi Odon is thought to be worth $8.5 million.

Timaya’s cars and houses

Odon owns two properties in Lagos and one each in Port Harcourt. One of the properties reportedly costs N100 million, while the Lagos property is valued at N500 million. He may also have made investments in hotels and other properties all around the nation. These cars belong to the celebrity’s collection:

  • 2019 Rolls-Royce Cullinan (N117 million)
  • Porsche 911 Carrera (N46.7 million)
  • Mercedes-Benz G55 AMG (N55 million)
  • Bentley Continental GT (N73 million)
  • 2018 Mercedes-Benz Maybach S650 (N761 million)
  • Range Rover Sport Collection (N38 million)
  • Lexus LX570 (N30 million)
  • Lexus GX460 (N20 million)

12. Banky W – $9 million

  • Full name: Olubankole Wellington
  • Occupation: Singer, rapper, actor, entrepreneur and politician
  • Born: 27 March 1981
  • Birthplace: New York, United States
  • Age: 41 years (as of May 2022)
  • Spouse: Adesua Etomi (2017 to present)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, endorsements, and licensing fees

Banky W is a skilled actor and singer who holds dual citizenship with Nigeria and the United States. The Wedding Party, Shuga, and Jacob’s Cross are a few of his well-known movies and TV programs. He was born in the USA, but at age 5, he moved back to Nigeria.

Wellington attended primary and secondary schools in Nigeria, then went back to the US for college. In 2009, he set the E.M.E records. Before announcing its dissolution in 2018, he released four studio albums and one EP.

Banky W’s net worth

Wellington has a $9 million net worth. Coca-Cola, Airtel, Microsoft, TomTom, Samsung, Uber, MTN, and Ciroc Vodka are among the brands he obtained endorsement partnerships with.

The musician gave up making music and started working in brand marketing, advertising, and promotion. He was defeated by an APC candidate in the 2019 national elections.

Banky W’s cars and houses

In Lekki, Nigeria, he owns a duplex home with a pool at the bottom. He operates:

  • Toyota Landcruiser Prado
  • Rolls Royce Phantom
  • Range Rover 2008 Edition

11. Phyno – $10 million

  • Full name: Chibuzor Nelson Azubuike
  • Occupation: Singer, producer, songwriter, and rapper
  • Born: 9 October 1986
  • Birthplace: Enugu, Nigeria
  • Age: 35 years (as of May 2022)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, endorsements, and licensing fees

The name Phyno, which means “phenomenal,” captures the singer’s outstanding character. He is a man with various skills and aspirations. Phyno didn’t regret being a musician despite wanting to be a pilot or doctor.

He can play the piano and drums and recreate any recording he hears. Phyno graduated from the Institute of Management Technology (IMT) Enugu with a degree in public administration.

Phyno’s net worth

The sources of Nelson Azubuike’s $10 million fortune are his music and sponsorship deals. He has held positions with Airtel, Nairabet, and Nigerian breweries.

Phyno’s cars

Azubuike owns an opulent mansion in Enugu and a N170 million three-bedroom Duplex at Chevy View Estate, Lekki. He has also been seen using the following devices:

  • Bentley Continental GT
  • Rolls-Royce Phantom
  • Toyota Avalon
  • Range Rover

10. Flavour – $10.2 million

  • Full name: Chinedu Izuchukwu Okoli
  • Occupation: Singer, songwriter and multi-instrumentalist
  • Born: 23 November 1983
  • Birthplace: Enugu, Nigeria
  • Age: 38 years (as of May 2022)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, and licensing fees

Since the age of 13, Mr. Flavour has been a church drummer. He received a scholarship from a music company in 1999, at which point he started playing professionally. In 2005, Flavour launched his debut album and taught himself to play the keyboard.

Ada Ada, one of his songs, was a 2014 MTV Africa Music Awards Best Music Video nominee. His most well-known albums include Blessed, Uplifted, and Thankful.

Mr Flavour’s net worth

Izuchukwu Okoli is the tenth richest artist in Nigeria according to this list with a net worth of $10.2 million. He served as a brand ambassador for MTN as well as Life beer and energy drink from Nigerian breweries. The Chinedu Okoli Foundation supports rebel musicians, particularly young people.

Mr Flavour’s cars and house

In Lagos, the artist resides. He owns a lavish property and long ago gave his mother a house. He has four or more vehicles:

  • Lexus LX 570
  • 2014 Mercedes Benz G63
  • 2014 Range Rover Vogue
  • BMW X6

9. Olamide – $10. 5 million

  • Full name: Olamide Gbenga Adedeji
  • Occupation: Singer, record producer, and rapper
  • Born: 15 March 1989
  • Birthplace: Bariga, Ikeja, Nigeria
  • Age: 33 years (as of May 2022)
  • Children: Batifeori Maximilliano Adedeji and Tunrepin Myles
  • Source of wealth: Royalties, advances, live performances, music streaming sites, endorsements, and licensing fees

One of Nigeria’s most adored hip-hop stars is Olamide. He primarily releases music in Yoruba, his native tongue. The performer has released at least seven studio albums and received numerous accolades at illustrious African and Nigerian award shows.

Because his father could not afford to pay for his post-secondary study, the singer left Tai Solarin University of Education. In 2010 and 2011, he issued albums through the Coded Tunes record label, respectively.

The second and third studio albums were released by Adedeji on his YBNL Nation label after he departed Coded Tunes in 2012. 2020 saw the signing of a joint venture agreement between the label and Empire, a global distributor.

Olamide spent N6 million on a Toyota Venza for his producer Young John and N20 million on a three-bedroom apartment for his mum.

Olamide’s net worth

The estimated $10.5 million net worth of Gbenga Adedeji. He was the first famous person from Nigeria to sign a sponsorship agreement with Ciroc. Additionally, he has provided brand endorsements for a number of companies, with fees ranging from N2 million to N4 million every show.

Olamide’s house and cars

In Lekki, Lagos, the singer has a N70 million house. The N25 million residence in Lagos’ Bariga (near one of his filling stations). He possesses a fleet of cars and two gas stations in Lagos. Several of Olamide’s vehicles

  • Rolls Royce Phantom (N68 million)
  • Land Rover Range Rover V8 (N32 million)
  • Mercedes-Benz G-Class (N23 million)
  • Land Rover Range Rover Sport (N15 million)
  • Toyota Camry (N4 million)

8. Peter Okoye – $12 million

  • Full name: 18 November 1981
  • Occupation: Singer and record producer
  • Born: 26 November 1982
  • Birthplace: Jos, Nigeria
  • Age: 40 years (as of May 2022)
  • Spouse: Lola Omotayo-Okoye (2013 to present)
  • Children: Cameron Okoye and Aliona Okoye
  • Source of wealth: Royalties, advances, live performances, music streaming sites, and licensing fees

The P-Square pair, consisting of Peter Okoye (aka Mr. P) and his twin brother Paul Okoye (aka Rudeboy), became well-known in the early 2000s. They co-founded Square Records and used the label to make music.

The twins signed with Akon’s Konvict Muzik in December 2011, and in May 2012, the South African division of Universal Music negotiated a record distribution agreement with them.

The pair began collaborating in 2016, but they only went public in September 2017. Some reports suggest that their disagreement was the result of a family argument, while others believe it was because of their management. As solo performers, the twins produced a number of songs and started music labels.

Peter Okoye’s net worth

Peter Okoye is among the wealthiest musicians in Nigeria with a net worth of $12 million. He has a long list of endorsement contracts, including ones with Olympic Milk, Glo, and Empire Records. Peter also owns the PClassic Label, which includes DJ Switch as a signee.

Tamar Braxton, Tiwa Savage, Wande Coal, Simi, Teni, Singah, DJ Switch, Mohombi, and OvieKelz all appeared on the singer’s 2021 album.

Peter Okoye’s house and cars

In one of Nigeria’s wealthiest neighborhoods, Banana Island, Peter and his twin purchased a $3.8 million home. Additionally, they appear to have similar automotive preferences. Listed below are a few of Mr. P’s devices:

  • Range Rover
  • Dodge Challenger
  • Jeep Wrangler
  • Mercedes Benz G-Wagon
  • Porsche 718 Cayman
  • Chevrolet Camaro roadster

7. D’banj – $14 million

  • Full name: Oladapo Daniel Oyebanjo
  • Occupation: Singer, producer, rapper, and businessman
  • Born: 9 June 1980
  • Birthplace: Zaria, Nigeria
  • Age: 41 years (as of May 2022)
  • Spouse: Lineo Didi Kilgrow (2016 to present)
  • Children: Daniel Oyebanjo III, Zane Oyebanjo
  • Source of wealth: Royalties, advances, live performances, music streaming sites, endorsements, and licensing fees

D’banj has consistently been on lists of the top-earning musicians in Nigeria. He was born to a business mother and a military father. Due to the father’s military profession, the family traveled much before settling in England.

The Harmonica that Oyebanjo’s older brother Femi gave him was something he enjoyed playing. In a plane disaster, his father and Femi perished. D’banj finished his elementary education in a military school, went to the Navy School in Abeokuta, then attended the University of Lagos to study mechanical engineering.

In 2004, he co-founded the Mo’Hits All Stars label in Nigeria after meeting Don Jazzy in London. Following the dissolution of Mo’ Hits All-Stars, the singer started the DB records.

At the 2013 African Cup of Nations closing ceremony in South Africa, Oyebanjo performed his single, Top Of The World, which he co-wrote with Kanye West for his 2011 album, Good Music.

D’banj’s net worth

N6.12 billion, or around $14 million, is the star’s estimated net worth. The singer has done sponsorships for Power Fist, Globacom, Bank of Industry, Heritage Bank, Beats by Dre, Ciroc, and SLOT in addition to his music earnings and money from DB Records.

D’banj’s houses and cars

Oyebanjo is the owner of a $25 million house in Lekki, Lagos, as well as a mansion in Ikoyi, Lagos. He also adores luxury vehicles and bikes. These machines are in his collection:

  • Rolls-Royce Phantom (N164million)
  • A Bentley (N108m)
  • Dbanj Ferrari f430 (N68million)
  • Mercedes Benz Amg GT (N53.2 million)
  • Aston Martin Vantage (N50 million)
  • 2015 Porsche Carrera (N33.2million)
  • Toyota Land Cruiser Prado (N30 million to 52 million each)
  • Range Rover SUV
  • Harley Davidson bike (N2.3 million)

6. Rudeboy – $16 million

  • Full name: Paul Okoye
  • Occupation: Singer and record producer
  • Born: 18 November 1981
  • Birthplace: Jos, Nigeria
  • Age: 40 years (as of May 2022)
  • Spouse: Anita Isama (2014 – 2021)
  • Children: Andre Okoye
  • Source of wealth: Royalties, advances, live performances, music streaming sites, and licensing fees

Over twenty years have passed since Rudeboy first entered the Nigerian music scene. In the 2000s, the singer and his identical twin brother, Peter Okoye, became well-known as the band P-Square.

The twins were participants in the music and theater clubs at St. Murumba Secondary School in Jos. Due to a family disagreement, the duo ended P-Square in 2017 and started their own enterprises.

Paul Okoye’s net worth

The current value of Mr. Okoye’s assets is $16 million. In 2017 and 2018, he put out two songs each, and in 2019, he founded the Fire Department Inc. label.

Paul Okoye’s house and cars

In addition to their estate on Banana Island, the Okoye twins purchased upscale residences close to one another in Atlanta in January 2014. However, after divorcing, they sold their shared properties. Paul drives a variety of vehicles around.

  • Bentley Bentayga
  • Mercedes-Benz GLE43 AMG 4MATIC Coupe
  • Lamborghini Aventador Roadster
  • Lamborghini Huracan
  • BMW X6
  • Jeep Wrangler
  • Range Rover
  • 2014 Benz C-Class Coupe

5. Burna Boy – $17 million

  • Full name: Damini Ebunoluwa Ogulu
  • Occupation: Singer, songwriter, and performing artist
  • Born: 2 July 1991
  • Birthplace: Port Harcourt, Nigeria
  • Age: 30 years (as of May 2022)
  • Source of wealth: Royalties, advances, live performances, music streaming sites, and licensing fees

Burna Boy’s mother was a translator, while his father was a welder. Manager of musician Fela Kuti in the past was his granddad.

As a child, Ebunoluwa used FruityLoops to create beats. He attended Corona Secondary School in Agbara, Ogun State, before enrolling in a Media Technology programme at the University of Sussex in London.

When the star entered the music industry, his mother took on the role of manager. His 2012 song, “Like to Party,” launched him to international stardom. It appeared on his self-titled album. 2017 saw the signing of the musician with Bad Habit/Atlantic Records.

Burna Boy’s net worth

With a net worth of roughly $17 million, Ebunoluwa Ogulu is the fifth-richest artist in Nigeria. The performer has released at least five albums and has many top singles. In addition, he has won a Grammy and three BET awards (2019, 2020, 2021). (2021).

Burna Boy’s house and cars

The musician invested over N500 million in an eight-bedroom Lekki property in 2020. Fans have seen him in these luxurious vehicles:

  • Bentley Continental GT
  • Mercedes Benz S Class
  • Mercedes Benz G Wagon
  • 2013 Ferrari 458 Italia
  • Range Rover Autobiography SUV
  • 2022 Lamborghini Urus
  • 2021 Rolls Royce Dawn

4. 2Baba (2Face) – $22.5 million

  • Full name: Innocent Ujah Idibia
  • Occupation: Singer, songwriter, record producer, entrepreneur, and philanthropist
  • Born: 18 September 1975
  • Birthplace: Jos, Nigeria
  • Age: 46 years (as of May 2022)
  • Spouse: Annie Macaulay-Idibia (2012 to present)
  • Children: Isabella Idibia, Justin Idibia, Olivia Idibia, Nino Idibia, Zii Idibia, Rose Idibia, and Innocent Idibia
  • Source of wealth: Royalties, advances, live performances, music streaming sites, selling merchandise, endorsements, and licensing fees

2Face’s musical career began when he was a student at Enugu University. After that, he attended Mount Saint Gabriel’s Secondary School before enrolling in a business administration and management program at the Institute of Management & Technology (IMT).

Ujah gave performances at events both inside and outside of IMT. He started composing and performing at the EBS’s GB fan club once he had enough money (Enugu State Broadcasting Services).

Along with Blackface (Ahmedu Augustine) and Faze, he skipped out of school and relocated to Lagos state (Chibuzor Orji). The trio started a band called Plantashun Boiz, which put out two albums in 2000 and 2003.

After the band disbanded, Ujah released his first solo album in 2004 and his second in 2006. In 2007, the musician and his former comrades released a band record. He then issued four more solitary albums.

2Face’s net worth

Ujah is one of the richest musicians in Nigeria with a net worth of $22.5 million. Since 2004, he has released six albums. In 2006, 2Face founded the Hypertek Digital label, a division of the 960 Music Group.

Dammy Krane, Victor Uwaifo, and more well-known musicians were signed on. Along with other brands, 2Face has supported Nigerian Breweries, Guinness, and more.

In 2009, he was named the National Agency for Food and Drug Administration and Control’s brand ambassador as well as the Youth Ambassador for the Peace Summit.

2Face’s cars and houses

He has a residence on Banana Island and a duplex with five bedrooms in Richmond Gate Estate. Each house is valued more than N400 million. He travels in sports, classic, and luxury vehicles. His vehicles include:

  • Chevrolet Corvette Coupe
  • Ferrari coupe

3. Don Jazzy – 25 million

  • Full name: Michael Collins Ajereh
  • Occupation: Singer, producer, entrepreneur, and comedian
  • Born: 26 November 1982
  • Birthplace: Umuahia, Nigeria
  • Age: 39 years (as of May 2022)
  • Spouse: Michelle Jackson ​​(2003 – 2005)​
  • Source of wealth: Royalties, advances, live performances, music streaming sites, and licensing fees

Don Jazzy was raised in Lagos but was born in Umuahia. He went to Federal Government College Lagos, Ambrose Alli University, and a coed secondary school. The musician holds a degree in business management.

At the age of twelve, he started playing the bass guitar as well as percussion and classic instruments. In 2000, Don Jazzy traveled to London and stayed with his uncle. While working as a security guard at McDonald’s and a nearby church, he played the drums.

Don Jazzy remained tight with D’Banj, Solek, JJC, Kas, The 419 Squad, and Kas at this time. He learned how to make music at the O-Town record label from Emeka Infiniti.

In 2004, the pair started Mo’ Hits Records, and two years later Don released two albums. Curriculum Vitae, his third album, established him as a household figure in West Africa.

Don Jazzy’s net worth

Collins has a $25 million net worth. In May 2012, the musician founded Mavin Records and put out an album with performers on the label. Later on, he inked Tiwa Savage.

Ladipoe, Ayra Starr, Rema, Koredo Bello, Reekado Banks, and more well-known Nigerian musicians are now included on the album. Don Jazzy demands at least N50000 to produce a song.

Don Jazzy’s houses and cars

He has mansions in Los Angeles, Banana Island, and Lekki. The famous Nigerian driver also owns these pricey automobiles:

  • Bentley Continental flying spur (N25 million)
  • Lexus LX570 (N36 million)
  • Toyota Prado SUV priced between $59,840 to $87,807
  • Porsche 911 Carrera (N42 million)
  • Mercedes G-Wagon worth (N64.9 million)
  • Cadillac Escalade SUV (N27.2 million)
  • Range Rover Sport SUV (N53.9 million)
  • Mercedes Benz E350 (N20 million)

2. Wizkid – $30 million

  • Full name: Ayodeji Ibrahim Balogun
  • Occupation: Singer, songwriter, and record producer
  • Born: 16 July 1990
  • Birthplace: Surulere, Ikeja, Nigeria
  • Age: 31 years (as of May 2022)
  • Children: Zion Ayo-Balogun, Boluwatife Balogun, and Ayodeji Ibrahim Balogun, Jr.
  • Source of wealth: Royalties, advances, live performances, music streaming sites, endorsements, and licensing fees

Born in Surulere, Lagos State, Wizkid is Nigeria’s second-richest musician. He was raised in Surulere. At the age of 11, he collaborated on an album with the Glorious Five Group, and in 2009, he joined Bank W’s EME records. After releasing Holla at Your Boy in his 2011 debut album Superstar, Wizkid rose to fame the following year.

He was the first African musician to have more than a million followers on Twitter, and his collaboration with Drake, One Dance, was listed in Guinness World Records.

Ibrahim Balogun, the first Nigeran artist to win a Grammy in 2020, founded the Star Boy Entertainment label in May 2013. The Grammy Award-winning song Brown Skin Girl by Beyoncé also included a Nigerian artist in 2021.

Wizkid’s net worth

The $30 million net worth of Ibrahim Balogun. Like other performers, he makes money via endorsements, concerts, streaming services, and royalties. The musician has provided endorsements for a number of high-end businesses, including Guinness, Pepsi ($350,000), MTN, Glo (N128 million), Puma, and Tecno.

Wizkid’s cars and houses

He owns a residence in Los Angeles and a house in Surulere, Lagos, valued at N3 million. The following expensive cars are also owned by the artist:

  • Lamborghini Urus (N80 million)
  • Porsche Panamera (N50.8 million)
  • Mercedes Benz G63 AMG (N55 million to N65 million)
  • BMW X6 Crossover (N8.7 million)

1. Davido – $40 million

  • Full name: David Adedeji Adeleke
  • Occupation: Singer, songwriter, and record producer
  • Born: 21 November 1992
  • Birthplace: Atlanta, Georgia, United States
  • Age: 29 years (as of May 2022)
  • Children: Hailey Veronica Adeleke, David Adedeji Adeleke Jr., and Aurora Imade Adeleke
  • Source of wealth: Royalties, advances, live performances, music streaming sites, endorsements, and licensing fees

The American city of Atlanta is the place of Davido’s birth. His father, Dr. Adedeji Adekele, is a co-founder of Adekele University in Osun State and the CEO of Pacific Holdings. He attended the British International School in Lagos before relocating to Alabama, USA, at the age of 16 to enroll in Oakwood University’s business administration program.

He gave up his studies and moved to London to pursue music as a full-time job when Davido and his cousins Sina Rambo and B-Red entered the music industry. To honor his father, Davido went back to Nigeria in 2011 and enrolled at Babcock University.

In October 2011 and July 2012, respectively, he released his first single and album. Later, in 2015, Davido received his second higher music degree. When he established the Davido Music Worldwide label in 2016 (in collaboration with Sony Music Africa), his career was at its height.

Davido’s net worth

With a $40 million net worth, Mr. Adedeji is Nigeria’s richest artist. He has received money for his music in addition to royalties from performances, streaming services like Spotify and YouTube, concerts, and endorsement deals worth millions of Naira with MTN Nigeria (N30 million), Guinness Nigeria, and Infinix mobile.

Davido’s assets

He owns a mansion in Georgia, the United States, as well as two houses—one in Lekki and the other in Banana Island—both in Lagos, Nigeria. In addition to driving a Lamborghini Aventador S Roadster, Davido also owns a Bombardier Global 6000 private aircraft. These vehicles belong to the Nigerian celebrity’s collection:

  • Rolls-Royce Cullinan 2019 (N350 million)
  • Lamborghini Aventador S Roadster (N285 million)
  • Bentley Bentayga (N108 million)
  • Range Rover SV Autobiography (N98 million)
  • Bentley Continental GT (N95 million)
  • Range Rover Sports (N84 million to N90 million)
  • Mercedes AMG GLS63 (N45 million)
  • Toyota Landcruiser (N30 million)
  • Audi R8 (N23.4 million)
  • Porsche Panamera Turbo S (N22.8 million)
  • Mercedes G-Wagon (N21 million)
  • Audi Q7 (N12 million)
  • Chevrolet Camaro GS (N9.4 million)

Who are the top 30 richest musicians in Nigeria?

Here is a list of Nigeria’s wealthiest musicians:

  1. Davido – $40 million
  2. Wizkid – $30 million
  3. Don Jazzy – $25 million
  4. 2Baba (2Face) – $22.5 million
  5. Burna Boy – $17 million
  6. Paul Okoye – $16 million
  7. D’banj – $14 million
  8. Peter Okoye – $12 million
  9. Olamide – $10. 5 million
  10. Flavour – $10.2 million
  11. Phyno – $10 million
  12. Banky W – $9 million
  13. Timaya – $8.5 million
  14. M.I. Abaga – $8 million
  15. Patroranking – $6.5 million
  16. Tiwa Savage – $5 million
  17. Ice Prince – $5 million
  18. Falz- $5 million
  19. KCee – $4.5 million
  20. Yemi Alade – $4 million
  21. Chidinma Ekile – $2.8 million
  22. Tekno – $2.5 million
  23. Duncan Mighty – $2.5 million
  24. Reminisce – $2 million
  25. Harrysong – $2 million
  26. Runtown – $2 million
  27. Wade Coal – $1.7 million
  28. Kizz Daniel – $1.7 million
  29. 9ice – $1.2 million
  30. Teni – $600,000

Who is the richest Nigerian artist?

Davido, who has a $40 million net worth, is the richest artist in Nigeria. With a net worth of $30 million, Wizkid comes in second.

Who is the richest between Wizkid and Davido?

WizKid comes in second with a net worth of $30 million, trailing Davido by $10 million.

Who is the best singer in Nigeria?

With 65 honors, Wizkid is the finest musician in Nigeria.

The wealthiest musicians in Nigeria choose particular neighborhoods and auto manufacturers. The majority of them are Mercedes and Bentley drivers who reside in Lekki, Lagos. These stars help one another as well. Some entered the field as a result of veteran artists recognizing their potential and offering to help them succeed.

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