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Success stories: 2020 Top 10 Richest Nigerian Musicians; Net worth and background.

Are you interested in the Nigerian music industry and the top musicians on the list? This article is for you. Music has become one of the best ways of making a huge income. You may like to take a look at the top Nigeria musicians who have made millions in the music industry with their talent. Just keep reading!

Who is on the list of the Top Nigerian Musicians?

Really, all of them in the music industry are talented with their outstanding styles and performance. Those who made it to this list are actually considered to be the top and wealthiest in the industry.

Also, we made it easier by putting their net worth into consideration as well as their background, age, and career. Enjoy!

Here is the list of the Top 10 richest Nigerian musicians.

10. Flavour — Estimated Net Worth is $9.5mmillion

Background

Chinedu Izuchuwu Okoli with stage the name flavour is an award-winning Nigerian musician, songwriter, and dancer. The popular igbo highlife singer was born in Enugu State, Nigeria. His family originally hails from Umunze in Orumba South LGA, Anambra State. Flavour has been active since 2005 with his record label “2Nite Music Group"

Age

Flavour popularly known as flavour Na'abania was born on 23 November 1983 somewhere in Enugu State. He is currently one of the eldest on the list.

Music career

Flavour began his music career at the age of 13. He was initially playing drums for his church choir in Enugu State. In 1996, Flavour was invited to Soundcity communication on a scholarship to study Music.

By the age of 19, he emerged into the Nigerian entertainment industry as a drummer and pianist and was invited to perform at the city center, Enugu. The performance, however, made him more popular. He released his self-titled debut album Na'abania in 2005 and had been very active in the industry since then.

Net worth

Currently, Flavour made it to the Top 10 richest Nigerian musicians with an estimated net worth of $9.5 million.

9. Peter Okoye and Paul Okoye — $10 million.

Background

Peter Okoye and Paul Okoye, formerly known as Psquare were Nigerian music duo. Peter Okoye and Paul Okoye hail from Ifite, Dunu Anambra State. Psquare were heavyweight Music duo of identical twins, Peter and Paul. The duo has gone solo and disbanded with Paul performing as King rudy or Rudeboy while Peter performs as Mr. P.

Age

Psquare was born an 18 November 1981 (age 38). Psquare has the same birth month with Flavour though 2 years older that flavor.

Music career.

Psquare started their music career in secondary school at St. Murumba Secondary School, a Catholic school in Jos. With their inspiration drawn from Michael Jackson music, Psquare began singing and break dancing. They later formed a music group, “MMMPP" ( M clef, Micheal, Melvin, Peter, and Paul). Later, they began their own record label "Square Records"

PSquare won the 'Gab Day Mic' competition in 2001 and was sponsored by Hedges and Benson. The Music Dou had been active together since 2003 till 2017 before they got disbanded.

Net worth

Meanwhile, The MTV Africa Music awardees snapped up the number 9 spot on the list with a net worth of $10 million.

8. Timaya — $10.5 million

Background

The Nigerian music star, Enitimi Alfred Odom popularly known as Timaya was born on 15th August 1977 somewhere in port Harcourt, Rivers State. He starting his singing when he founded the popular 'Dem mama soldiers'

Age

Timaya was born on 15th August 1977( age 42) making him one of the old gurus on the list.

Music career.

Timaya started his music career in 2005 after the release of his hit song "Dem mama" which appeared in his debut album titled True story. In 2008, he released his next album called 'Gift' and 'Grace' and rose to prominence after the release of his studio album called 'De Rebirth'.

Timaya is the founder of DM records limited and has 6 albums in total with so many singles. He's actually the best in dancehall genre and often referred to as the dancehall artist.

Net worth

Timaya has made a lot of money through singing. He made it to the list with an estimated net worth of $10.5 million.

7. Phyno — $11 million

Background

The number 7 in the list is the popular Nigeria Rapper, Phyno meaning phenomenal. His real name is Chibuzor Nelson Azubuike. Phyno was born on 9th October 1986 in Enugu State, Nigeria.

Age

Currently, phyno is 33 years old

Music career

In 2003, He began his music career as a producer and is best known for rapping fluently in Igbo language.

Phyno became even more popular after the release of his debut studio album called 'No Guts No Glory'.

Phyno has acted as a record producer for such popular musicians like flavor, Timaya, Mr. Raw and many others. He is best known in the Igbo rap and hip hop genre.

Net worth

Phyno's estimated net worth is $11 million.

6. Olamide — Estimated net worth is $12 million.

Background

Olamide Adedeji is a well known Nigerian music star with the stage name Olamide. He is popularly known as Olamide baddo, BaddoSneh. Olamide was born on the 15th of March 1989 in Bariga, Lagos State Nigeria. Just like phyno, Olamide is well known for recording predominantly in Yoruba, his native language.

Age

The Lagos State-born hip-hop star is 31 years old.

Music career

Olamide began to pursue a career in music since 2000. However, he became popular and rose to fame in 2010 after the release of 'Eni Duro' produced by Coded Tunes Record. Olamide was previously signed into Cabasa's Coded Tunes Record label before he left in 2012 to start his own record label YBNL Nation.

Still in 2012, November precisely, he released his second studio album YBNL which was produced by Tyrone. Olamide is the first Nigerian celebrity to sign an endorsement deal with Cirok.

He has been active and making his money in the industry since 2011.

Net worth

Olamide has made enough money through singing. He is currently the number 6 on the list with a net worth of $12 million. Convert this to naira! Trust me the cash will 'wow' you.

5. 2Baba — $16 million.

Background

Innocent Ujah idibia with stage name, 2Baba, was born on September 18th, 1975, somewhere in Jos. 2Baba is from the Idoma ethnic group in the southern part of Benue State, Nigeria. Apart from being a singer and songwriter, he is also an entrepreneur, humanitarian, philanthropist, and activist. 2Baba has been active since 1994. He is one of the most influential afro-pop artists in Africa.

Age

The September born Nigerian Superstar is 44. He has been in the entertainment space for about 2 decades now.

Music career

2Baba music career began from zero. He performed in school, college, and university. He later had to quit school and focus more on his music career. He rose to fame in 2004 after the release of his debut album 'face to face' which established his solo career.

He has released six albums since 2004.

2Baba has won several awards including the Headies award, an MTV Europe music award, a BET award and many more.

Net worth

2Baba made it to the list of the wealthiest Nigerian musicians with a net worth of $16 million.

4. Burna Boy — $17 million

Background

Burna Boy is a Nigerian singer and songwriter who was born as Damini Ebunoluwa Ogulu in River State, Nigeria.

His mother works as a translator while his father manages a welding company in River State.

Age

Burna Boy was born on July 2nd, 1991 ( age 28)

Music Career

In 2012, Burna Boy rose to prominence and international recognition after the release of his lead single 'like to party' from his debut studio album called L.I.F.E. Internationally, Burna Boy signed with Warner music group and Atlantic Records in U.S. A (United State of America).

In 2019, Burna released his 4th studio album 'African Giant' which won album of the year at 2019 All African Music Award. The same album was also nominated for the best world music album at the 62nd annual Grammy award.

Net worth

Burna's estimated net worth is $17 million

3. Don Jazzy — Net Worth: $18 million

Background

Don Jazzy is a Nigerian Singer, Songwriter, record producer, and entrepreneur. He was born in Umuahia, Abia State in the Southeastern part of the country. He attended Federal Government College in Lagos and obtained a degree in Business Management from Ambrose Alli University Ekpoma.

Age

Don Jazzy was born on November 26th, 1982 (age 37).

Music career

Don jazzy began playing drums and guitar when he was 4 and 12 years respectively.

In 2004, Don jazzy co-founded the defunct record label Mo'hits Records. Subsequently, he started his own record label 'Mavins Record' after the closure of Mo' hits Record.

As an entrepreneur, Don Jazzy invested in the oil and gas sector. In 2013, he founded the Mavin energy which deals with the supply of petroleum products and services. Don jazzy has endorsed brands like Samsung Electronics, Konga, LOYA Milk, MTN Nigeria and many more.

Net worth

Jazzy's net worth is $18 million making him the 3rd on the list.

2. Davido Net worth: $19 million

The American born Nigerian superstar made it to the second position on the list!

Background

David Adedeji Adeleke, with the stage name, Davido is an American born Nigeria Singer, Songwriter, and producer. He was born in Atlanta, United States of America and raised in Lagos, Nigeria. He is proudly a member of KB International.

Age

The Nigerian Superstar was born on 21st December 1992 (age 27)

Music career

At the age of 16, Davido moved to Alabama in the United States to study Business Administration at Oakwood University. However, he later dropped out of school to focus more on music and record vocal references.

In 2012, Davido rose to prominence and international recognition after the release of 'Demi Duro' which is his second single from his debut studio album titled, OMO Baba Oluwa.

Also, in 2012, he won the Next Rated award at the headies. Davido has collaborated with brands like Guinness Nigeria, Infinix mobile and MTN among several others.

Net worth

The Nigerian celebrity made it to the list with an estimated net worth of $1million.

Who then is the richest Nigerian musician?

1. Wizkid — Starboy

Currently, Wizkid is the Forbes richest Nigerian musician.

Background

Wizkid a.k.a starboy is a Nigerian singer and songwriter. Starboy was born in surulere, Lagos Nigeria. Wizkid attended ijebu Ode primary school in Lagos and Lagos State University for his O'Level and Degree program respectively.

Wizkid's parent shares a different faith. His father is a Muslim while his mother is a Christian, Pentecostal.

Age

Wizkid is 26 years old. He was born on July 16th, 1991.

Music career

Wizi's music career began when he was still small. At the age of 11, He was already recording music.

In 2009, Wizkid signed a record deal with Empire Mates Entertainment (E.M.E). However, he rose to fame in 2011 following the release of 'Holla at your boy' which is the hit single from his debut studio album titled Superstar.

Wizkid has collaborated with brands such as MTN, Pepsi, Glo, and Guinness.

Net worth

Gbagan! Wizikid tops the list with an estimated net worth of 20 million United States dollars ($20 million).

Conclusion

Please do note that this article can be updated anytime if the rating change. Most of your favorite and wealthy Nigerian musicians may not have made it to this list because we were just focusing on the Top 10 on the list.

Looking for celebrity Bios and net worth? I hope this article was helpful!.

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