The Nigerian music industry parades among the best music talents in Africa with good numbers of them showing their various qualities nationally and at the global stage.
Music is mainstream as a source of revenue and livelihood to this 21st-century generation. It has improved some individual standard of living in Nigeria as the country boast a population that is over the available 9-5 jobs.
Although, we can’t actually lay our emphasis on the social media flaunt we see but getting to know their net worth will give us reasons to see it as a mainstream of livelihood.
It is generally believing entertainers’ progress can be measure with financial acquisitions within their career and as such, fans are eager to know Who is the richest musician in Nigeria today.
According to Forbes magazine, Wizkid is the richest Nigerian musician with a net worth of $20,000,000.
In other to know how he emerges as the wealthiest and if these artists are actually leaving the kind of life they claim to especially on social media, let take a good look at their biography, endorsement deals, house, cars, fan base, awards, and major highlights of their music career.
Stick to the end of this article to see those who made the list today.
Top Five Richest Musicians in Nigeria and their Net Worth Forbes 2020
Here are the five wealthiest musicians and their net worth. Their net worth has been compiled
based on their music sales, endorsement deals, House, Cars, and money charge per show. Although some of them may have their personal businesses outside music career. So let go over and see
5. 2Baba – $16 Million
Innocent Ujah Idibia popularly known as 2baba is a Nigerian Afropop singer and record producer.
He was born on 18 September 1975 in Jos married and blessed with 7 children.
Idibia began his music career at a very age during his time at the Institute of Management & Technology. He rose to prominence in 2004 with his debut solo album Face 2 Face.
2baba is one of the most successful Nigerian musicians with a lot of national and international recognitions. He owns an imprint record label Hypertek Entertainment.
The estimated net worth of 2baba is $16 today and also among the richest persons in Benue State.
4. Burna Boy – $17 Million
Damini Ebunoluwa Ogulu, famously known as Burna Boy is a Nigerian afro-fusion singer and songwriter. Burna Boy was born on 2 July 1991 and started his music career by making his own beats using Fruity Loops.
He became popular upon the release of “Like to Party” in 2012. A lead single from his debut studio album LIFE (2013).
Damini Ebunoluwa continues his progress and finally, he premiered the “African Giant” album in 2019 which caught the World’s attention and became a global star.
The African Giant pioneer, Burna boy’s net worth is currently estimated at $17 million. Oluwa Burna attains this through music sales, endorsement deals and money charge per show.
3. Don Jazzy – $18.5 million
Michael Collins Ajereh is one who can be best described as the music entrepreneur being a co-founder of Mo’ Hits records and now Mavin Record label CEO.
Collins Ajereh who is popularly known as Don Jazzy is a Nigerian record producer born 26 November 1982 in Umuahia.
He boasts a series of hit songs to his name and could be fondly remembered for Dorobucci and has done a collaboration with a host of artist like Tiwa Savage, and more.
The Mavin boss has long-standing deals with mega-brands like MTN and Loya Milk. The Estimated net worth of Don Jazzy is $18.5 Million today making him one of the richest artists in Africa.
2. Davido – $19 Million
The son of one of the wealthiest Man in Nigerian, Davido made the list as the second richest musician in Nigerian with credible performances over the years.
David Adedeji Adeleke who is known professionally as Davido was 21 November 1992 in Atlanta, United States.
He rose to fame with his debut record hit single “Omo Baba Olowo” which became a household name within and outside the country.
Davido boast lots of singles and album to his name which earned endorsement deals with companies like AXE and Infinix Mobile.
Davido’s net worth is estimated at $19 Million today and a lot of exotic cars including Range Rover Sport and some houses.
1. Wizkid – $20 Million
Ayodeji Ibrahim Balogun is one of the best African musicians with international recognition. He is a Nigerian Afrobeat singer and famously known as Wizkid born 16 July 1990 in Surulere, Lagos State.
Ayodeji Ibrahim began his music career at a very young age 11 with a church choir group. He rose to prominence upon the release of his official debut single “Holla at Your Boy”. The hit song was a takeoff track from his debut album “Superstar” 2010.
He currently holds three albums to his name, notable collaboration with high profile artists like Drake (One Dance) and recently Beyoncé on Brown Skin Girl.
He has an endorsement deal with Globalcom Nigeria, Pepsi, Cîroc and a few others which worth millions of Naira. Wizkid Ayo recently earned a deal with the United Bank of Africa (UBA) making him one of the richest musicians in Africa.
The afrobeat sensation has good living houses, Mercedes Benz, BMW X6 and more. Wizkid’s estimated net worth is $20 Million today and also the richest musician in Nigerian today.
I am glad you could read to this point and I guess you now know the top five list and the richest musician in Nigeria today. Please share this post and leave a comment with us.