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Top 20 Richest Musicians In Nigeria 2017 And Their Net Worth

Top 20 Richest Musicians In Nigeria 2017 And Their Net Worth

Here is the updated list of the top 20 richest musicians in Nigeria 2017 and their net worth August . The Nigerian entertainment industry has improved over the years with local music being one of the sector to see rapid development. In recent years top acts have sprung up in the Nigerian music industry, new sounds originating and we have seen previously unknown artists rise to the top.

Hard work certainly pays off now in music industry 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 at the end of each month. So we came up with our list of top 20 richest musicians in Nigeria and their net worth at the moment;

Davido net worth richest musicians in nigeria and their net worth

Top 20 Richest Musicians in Nigeria 2017 and Their Net Worth


  • Don Jazzy Net Worth

No. 1. Don Jazzy: Michael Collins ajeroh known as donjazzy which is his stage name, he is a record producer, singer, songwriter. He is the owner of the record label supreme mavins dynasty (smd) which brought up some of Nigeria’s finest musicians. He is rated as the richest musician in Nigeria 2017 according forbes list of richest musicians in Africa. He is one of the best music producers in Africa at the moment, since the launch of his career Don Jazzy has continued to produce good music for Nigerians consistently.

  • JIDENNA Net Worth

No. 2. Jidenna: Theodore mobisson better known by his stage name as jidenna many are yet to believe he is a Nigerian, be based in the U.S he released his song classic man which debuted at number 49 on billboard. Hit R&B/hip-hop airplay charts he is number 2 on the list.

  • Wizkid Net Worth

No. 3. Wizkid: Abrahim balogun ayodeji better known as wizkid has won numerous awards in the music industry. This rich Nigerian musician broke into the music scene with the hit single, Holla at your boi, he has since gone on to release other hit tracks. He was featured by Drake on the track One Dance which was a worldwide hit and No. 1 on billboard. His lavish lifestyle and his high taste for cars has made it known to the public that he is living beyond his dreams. He has sold over 200,000 records.

  • Davido Net Worth

Davido net worth richest musicians in nigeria and their net worth

No. 4. Davido: David Adedeji Adeleke Aka OBO (Omo Baba Olowo) known better as davido is a singer and record producer,  He stormed the Nigerian music industry with his hit track, Ema Da Mi duro, which was received well and this brought him to fame and limelight. He has since gone on to make a name for himself in the music industry. He recently signed a contract with Sony music which has helped promote his brand internationally.  Davido is the co-owner of HKN music and he is one of the richest musicians in Nigeria.

  • PSQUARE Net Worth

No. 5. PSquare: Paul and Peter Okoye, the duo of the music industry, identical twins. They are good dancers, performers, recording artist. They are the owner of SQUARE RECORDS and they have sold lots of albums all over the country. P-square have amassed a lot of wealth over their decorated career, they are reported to worth over 25 billion Naira. P-Square are not only rich but also successful in the entertainment industry.

  • DBANJ Net Worth

No. 6. Dbanj: Oladepo Daniel oyebanjo known popularly as dbanj and also koko master is one of the richest Nigerian musicians. He has been present in the music industry in 2004 till present and has won lots of awards for himself, arguably among the best entertainment talent this country has.Though he has not released any hit song of recent he is still highly regarded in the Nigerian music industry.

  • 2FACE Net Worth

2face net worth richest musicians in nigeria and their net worth

No. 7. 2Face: Innocent Udo Idibia better known as 2face (Tuface) is rated as the king of the music industry in Nigeria. He has been present since 1994 he is one of the most successful and most decorated musician in the country. This veteran musician has won several awards during his music career. He is known for the hit track, African Queen, which helped place TuFace to the top of the Nigerian music industry map.

  • FLAVOUR Net Worth

No. 8. Flavour: Chinedu Izuchukwu Okoli known as flavour is signed to 2NITE ENTERTAINMENT, he is popularly known by his hit song nwa baby (ashawo remix) which made/brought him to limelight. He has performed far and wide and had won numerous awards. Flavour is reported to worth above 5 billion naira, he makes his money from album sales, endorsement deals and tours. He is highly regarded in the Nigeria music industry and has been featured by most of Nigerian top artiste.

  • BANKY W Net Worth

No. 9. Banky W: Oluwabankole Wellington is a Nigerian r&b singer, he has been present in the music industry since 2002, he is also an actor and has been doing well ever since till present. Banky W is the CEO of EME records under which top Nigerian acts like Wizkid and Skales have been produced.

  • IYANYA Net Worth

No. 10. Iyanya: Iyanya Mbuk hails from calabar, is a Nigerian artiste, he rose to fame after winning the first season of project fame west Africa  in 2008and also his hit song kukere which received wide acceptance all over the country and abroad. The Kukere coroner recently signed with Main Records.He is reported to have a net worth of about 2.5 Billion naira.

  • OLAMIDE Net Worth

No. 11. Olamide: we call him badoo, Olamide is an indigenous rapper he has won lots of awards and he is one of the best. His wealth can also be seen by the kind of lifestyle he lives.

Olamide can be regarded as the most popular rap artist in Nigeria at the moment. He has continued to release hit songs since the start of his career. He makes his money from album sales and endorsement deals (which he has a lot of). Olamide is our 11th richest musician in Nigeria.

  • Timaya Net Worth

No. 12. Timaya: Enetimi Alfred Odon with the stage name Timaya, has really built a name for himself dancehall artist. he began in 2005 with the release of his hit single dem mama which received lots of praises and since then he has been a household name in the music industry. His other hit tracks includes the likes of True story, Money and lots more. Timaya makes a lot of money from shows as he is a fans favourite.

  • MI Net Worth

No. 13. MI: Jude Abaga the Mr Incredible known as MI is a Nigerian rapper. He has been active in the music industry since 2004. The ceo of chocolate city and has win lots of awards. He is rated as one of Nigerian best rapper.

Jude Abaga, really made waves during his early days. He didn’t only release hit tracks like, Crowd Mentality, he also made a lot of money which gives him the number 13 spot on this list of the top 20 richest artist in Nigeria .

  • KCEE Net Worth

No. 14. kcee: One of the hottest Nigerian artiste we have presently. The Triple MG star is reported to hàve a net worth of over 1.1 billion naira, he has been consistent since breaking into the Nigerian music industry and he keeps releasing tracks to keep him relevant in the industry. Kcee’s lavish lifestyle and fleet of cars are worth talking about.

  • TIWA SAVAGE Net Worth

No. 15. Tiwa Savage: A diva, the queen of the Nigerian music industry signed to the SMD and also international label owned by jay z. Tiwa has not actually done bad for herself as she is on of the most influential and richest list. She sure deserves the spot. Tiwa Savage is reported to have a net worth of over 1.1 billion Naira at the moment.

  • Phyno Net Worth

No. 16. Phyno: Just like Olamide, Phyno is indigenous rapper one of the few rappers in Nigeria who uses his native dialects (Igbo) in his rap act. Phyno is reported to have a net worth close to 900 million naira and he makes his money from top endorsement deals and tours.

Loved by his fans, phyno owns different cars infact he lives in luxury his lifestyle and everything he does he is rated as one of the best.

  • ICE PRINCE Net Worth

No. 17. Ice Prince: Pankash Zamani popularly called Iceprince is on hell of a rapper, signed under chocolate city. He made his name in the Nigerian music industry with the hit tracks like Aboki, Oleku which became more of a street anthem. He is said to worth about 820 million naira and he is one of the well dressed Nigeria acts.

Ice prince is no doubt one of the richest musicians in Nigeria 2017 as he flaunts his cars on social media.

  • Duncan Mighty Net Worth

No. 18. Duncan Mighty: Okechukwu Duncan is one of the most successful musicians in Nigeria and he hails from the Niger Delta region of the country. He deserves the number 18 spot on this list has he his reportedly worth over 700 million naira.

Okechukwu Duncan has been present in the music industry since 2006 till present, Duncan mighty sold up to 300,000 from his music album. He does not really flaunt his wealth online but he is one of the richest musicians in Nigeria

  • YEMI ALADE Net Worth

No. 19. Yemi Alade: One of Africa’s finest artiste, she is also known as mama Africa, one of the richest, came with her hit single johnny which gained lots of waves across Africa.

Yemi Alade is also one of the most commercial female artist in the country. Her net worth is reported to be around 560 million naira and she is predicted to continue to rise in net worth and even expected to soon be the richest female artist in the country.

  • Chidinma Net Worth

No. 20. Chindinma: This is the second female artist to come up on this list and she takes the number 18 spot. This artist who has a little stature buh really huge in finances, she is worth about 600 million naira.

Chindima rose to stardom after winning the third season of project fame, she is known for her hit song kedike, she is no doubt one of the richest female musicians in Nigeria.


  • Patoranking Net Worth

No. 21. Patoranking: This musician was thrown into limelight by his hit single, Girlie O, the song was also am online hit has it amassed over 6 million YouTube views. He is reported to have a net wroth of about 400 million currently and many believe with his consistency in the industry he is going to amass more wealth buh for now Patoranking is on the number 20 spot on our list of the top 20 richest musicians in Nigeria 2017 .

There you have it on ” top 20 richest musicians in Nigeria and their Net Worth 2017 “, share your opinions with us through the comment box and


Tags: Richest musicians in Nigeria 2017 and Their Net Worth August September

Updated: August 17, 2017 — 1:52 pm

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  1. odinaka Daniels aka x co-operate

    no time is late avoid being in hurry because up coming people is the one to score the highest goal, in any thing you do always remember that there must be new models, i greet my country people, and this is your coming not yet over, i am odinaka Daniels aka X cooperate..

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