Richest Musicians in Nigeria: Their Net Worth
In this post, we’ll take a look at Nigeria’s wealthiest musicians and their respective net worths. Just like we wrote about the richest kids in Nigeria and the richest actresses in Nigeria, we will do the same here, dropping it from number 10 to number one.
Flavor- $9.5 million
Chinedu Okoli, better known as Flavor, has a number of well-known collections, including Appreciative, Inspired, and Favored. His current total assets are at $9.5 million.
He is a composer and multi-instrumentalist. He got his start in music as a drummer for a local church. Flavour is well-known throughout Africa and the rest of the world for his hit song “Nwa Baby (Ashawo Remix).” He is now under contract with 2nite Entertainment.
N’abania, his self-titled debut album, was released in 2005. Flavour’s second studio album, Uplifted, was released in 2010. The album’s success was aided by the singles “Nwa Baby (Ashawo Remix),” “Adamma,” and “Oyi Remix.”Flavour rose to prominence as one of Africa’s most in-demand performers as a result of the album’s success. Following the release of Uplifted, he was hired to play at a lot of concerts and other events.
Peter Okoye and Paul Okoye received $10 million each.
Paul and Peter Okoye were born on November 18th, 1981 in Jos, Level State. The siblings formed the well-known band P-Square, which was one of the most recognized couples in Nigerian music until they separated.
His real name is Enitimi Alfred Odom, and he was born on August 15th, 1980, in Port Harcourt, Waterways State. When he founded the rock group Dem Mother Fighters, he began his singing and songwriting career.
He is the owner and operator of DM Records Limited. His solo career began in 2005 with the publication of “Dem Mama,” which was also included in his debut album, True Story, which was released the following year. In 2008, he published his second album, Gift and Grace.
Meanwhile, his third studio album, De Rebirth, released in collaboration with Black Body Entertainment, and its lead single, “Plantain Boy,” helped him gain international recognition.
His work has won him a lot of awards and nominations, including four Headies Awards, two AFRIMMA Awards, one Nigeria Music Award, and an NEA Award, among other things.
Chibuzor Nelson Azubuike, born in Enugu, began playing drums and piano as a teenager and was initially oriented more toward producing. After migrating to Lagos in 2010, he focused on his profession as a rapper under the alias Phyno. Sessions for his debut album began in 2012, and he released a series of songs over the next two years, the most notable of which was the Olamide-assisted “Ghost Mode.”
Olamide- $12 million.
Olamide Adedeji is known as Olamide in Nigeria (his different monikers are Olamide Baddo and BaddoSneh). He is a rising star in the Nigerian hip-hop music scene. The artist was born on March 15th, 1989, in Bariga, Lagos State. He is well-known for recording mostly in Yoruba, his native language.
Olamide, one of Nigeria’s most successful and accomplished rappers, has had countless radio successes and won multiple honours. His music combines Afro-pop, dancehall, hip-hop, and other forms, with him singing and rapping primarily in Yoruba and English. Olamide, the founder and CEO of the record label and event management firm YBNL Nation, has inked many large sponsorship deals with beer brands, which adds to other investment properties, making him one of the country’s richest musicians.
$16 million – 2Baba (2Face)
Ujah Idibia, better known by his stage names 2Face and 2Baba, is ranked fifth on the list of the best and wealthiest Nigerian performers.
On September 18th, 1975, in Jos, Nigeria, this gifted man was born. The vocalist’s career began with school performances, followed by college performances. In addition, he needed to disrupt his own education in order to focus on his vocational path.
Burna Boy has a net worth of $17 million.
Burna Boy was born Damini Ogulu in the Nigerian city of Lagos in 1991. He began composing music when he was 10 years old when a classmate handed him a copy of the software package FruityLoops. Armed with these tools, he started making his own beats on an ancient computer. He came to London after graduating to pursue a university degree, but he dropped out after two years and returned to Nigeria. Ogulu, then 19, flew to Nigeria’s southern coast in 2010 to visit a mutual friend, producer LeriQ, who had studio space. After spending most of his adolescence listening to American musicians like DMX, he began to connect with the music of his native nation at this point. He investigated the dancehall and reggae music that his father listened to, as well as the Afrobeat music that his grandfather (who was also Fela Kuti’s first manager) enjoyed. As a result of what he learned, Ogulu came up with a sound that was a mix of different genres.
Don Jazzy- $18.5 million.
As a Nigerian producer and vocalist, Don Energetic became rich and famous because of his musical skills, persistence, and ability to work with other people to make a song better.
Don Jazzy’s real name is Michael Collins Ajereh, and he was born on November 26th, 1982 in Umuahia, Abia State. Don Jazzy Fun created the trademark Mo’Hits Records. It was formed as a result of a collaborative effort with D’Banj.
Davido – $19 million.
David Adedeji Adeleke was born in Atlanta, Georgia, in 1992. His passion for music began in his late teens while studying at Oakwood University when he began composing his own beats and researching music production. He walked out of school and went full-time into music, migrating to Lagos, Nigeria, and releasing his debut track, “Back When,” in 2011. The record attracted some notice for its combination of clubby production, high-energy vocals, and Afro-pop rhythms, and it was quickly followed by the second hit, “Dami Duro.” Work on his debut album, Omo Baba Olowo, which was released in 2012 and spawned a slew of singles, began.
Wizkid – $20 Million
Ayodeji Ibrahim Balogun, Wizkid, was once a simple boy who loved singing and had a knack for music production. On July 16, 1990, in Surulere, Lagos State, he was born.
Balogun began his musical career at the age of 11. His first album, Lil Prinz, was made in 2001 with the Glorious Five, a group made up of Balogun’s church friends. In 2006, he went full-time into music, first teaming up with OJB Jezreel, Naeto C, and Banky W. In 2011, he was ready to record his first solo studio album, Superstar, which was a big hit across Africa and made Wizkid famous in his home country of Nigeria.