Who are the richest musicians in Nigeria today as of 2020? It is obvious that Nigeria has a limitless reserve of musical talents as we’ve witnessed their brilliant songs and viral content, through consistency.
Success in their careers have also brought a great deal of financial incentive for them through their music, charge per shows, endorsements and personal investments.
Just like the top 20 richest musicians in the world, some of the popular musicians in Nigeria are worth a couple of million dollars!
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So, we’ve decided to compile a list of the 10 richest musicians in Nigeria along with their current net worth and a short bio, we shall give you the first 5 today then next week give you the remainder.
1. Davido – ₦28 Billion ($70 Million)
Davido has become one of the greatest music artists in Nigeria, Africa and the world at large on account of top-charting smash hits in his super-promising music career.
And just this week the news came in that his song ‘Fall’ has been certified gold already after receiving 40,000+ and 80,0000+ copies in Canada and the USA respectively.
Today, Davido has racked up a mammoth net worth of $70 Million dollars (N28 Billion Naira), making him the richest musician in Nigeria.
2. Mr P – ₦26.6 Billion ($66.6 Million)
Not just one of the most popular Nigerian musician, Peter with his twin Paul Okoye has taken his music global and has worked with Rick Ross, Dave Scott, Akon, etc.
Since the release of “Get Squared”, a hit project which he featured in, Mr. P has gathered an impressive net worth of $66.6 Million dollars (N26.6 Billion Naira), making him the 2nd richest musician in Nigeria.
3. Rude Boy – ₦26.4 Billion ($66.1 Million)
Paul Okoye, together with his twin brother, is popularly known as P-Square. He has his stage name as Rudeboy or Kingrudy. He is a talented twin of Peter Okoye, and they both took the world by storm. But unfortunately they split up due to various disagreement between the two.
However, since he’s doing music on his own, Paul’s net worth is estimated to be $66.1 Million dollars (N26.4 Billion Naira), as of 2020.
4. Don Jazzy – ₦26.1 Billion ($65.3 Million)
Don jazzy is a well pronounced business tycoon with great understanding of the Nigerian music industry who currently owns Mavins Record, one of the top 10 record labels in Nigeria. Don jazzy’s talent as a world-class producer earned him a call to produce beats for Kanye West for an album that featured both Jay Z and his wife Beyoncé.
As of 2020, Don Jazzy’s net worth is estimated to be $65.3 Million dollars (N26.1 Billion Naira), making him the 4th richest musician on this list. His record label has produced successful artists such as Wande Coal, Dbanj, Tiwa Savage, Johnny Drille, Korede Bello, Rekardo Banks, etc.
5. Wizkid – ₦25 Billion ($63.3 Million)
Wizkid is the first Nigerian to have a sellout at the prestigious O2 arena in the UK, thereby setting the pace for other Nigerian artists. This is one international superstar musician that we cannot but mention on this list of richest Nigerian musician.
He has broken so many records since he started out at a very young age with his debut single, Holla at your boy, and is one of the first artists to feature star American musicians in his songs including Chris Brown, Beyonce, and Drake.
Today, Wizkid’s net worth is estimated to be $63.3 Million dollars (N25 Billion Naira), a value that justifies his output to the music world, and making him one of the richest musicians in Nigeria.
Source: Ghanaarticles.com