Top 20 Richest Musicians In Nigeria 2017
Here is the updated list of the top 20 richest musicians in Nigeria . 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 at the moment;
Top 20 Richest Musicians in Nigeria 2017
1. P Square
P-Square : The twin duo are the richest musicians in Nigeria at the moment. Peter and Paul 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.
2. Don Jazzy
Don Jazzy: 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.
D’banj : The kokomaster as he is popularly called comes third on this list of the top 20 richest musicians in Nigeria. Though he has not released any hit song of recent he is still highly regarded in the Nigeria music industry.
4. 2face Idibia
2face Idibia : This veteran musician has won several awards during his music career. He is known for the hit track, African Queen, which helped place 2Face on the Nigerian music industry map.
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.
Davido : He stormed the Nigerian music industry with his hit track, Ema Da Mi duro, 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.
Wizkid : 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.
Iyanya : The Kukere coroner recently signed with Main Records. He has been consistent in the Nigerian music industry since he won the 2008 MTN project fame. He is reported to have a net worth of about 2.5 Billion naira.
9. Banky W
Banky W : Olubankole Wellington who is popularly known as Banky W, he is the CEO of EME records under which top Nigerian acts like Wizkid and Skales have been produced.
Olamide: He 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 10 th richest musician in Nigeria
Timaya : Enetimi Alfred Odon with the stage name Timaya, has really built a name for himself. His hit tracks includes the likes of Dem mama, True story, Money and lots more. He makes a lot of money from shows as he is a fans favourite.
12. M I
M.I : Jude Abaga, the Mr Incredible 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 12 spot on this list of the top 20 richest artist in Nigeria .
13. Tiwa Savage
Tiwa Savage : This is the first female artist on this list and she sure deserves the spot. Tiwa Savage is reported to have a net worth of over 1.1 billion Naira at the moment.
Kcee : The Triple MG star is reported to hàve a net worth of over 900 million naira, he has been consistent since breaking into the Nigerian music industry and he keeps releasing tracks to keep him relevant in the industry.
Phyno : Just like Olamide, Phyno is one of the few rappers in Nigeria who uses his native dialects in his rap. Phyno is reported to have a net worth close to 900 million naira and he makes his money from top endorsement deals and tours.
16. Ice Prince
Ice Prince : He made his name in the Nigerian music industry with the hit track, 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.
17. Duncan Mighty
Duncan Mighty : This is one of the most successful musicians in Nigeria and he hails from the Niger Delta region of the country. He deserves the number 17 spot on this list has he his reportedly worth over 700 million naira.
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 is really huge in finances, she is worth about 600 million naira.
19. Yemi Alade
Yemi Alade : This female Nigerian artist is really 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.
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 .
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