The Nigeria music industry, is one of the biggest in the entertainment industry that have produced many great musicians over time. Not just in Nigeria, these musicians are counted among the best in all of Africa and the world at large. There are many musicians with immense talents huge popularity and has made so much millions in their career.

In this article, we will only list the top 10 richest musicians in Nigeria 2024 with their net worths and biography. We also wrote articles on The Top 10 richest governor in Nigeria and The Top 10 richest men in Nigeria. Feel free to read about them to.

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Damini Ebunoluwa Ogulu popularly known as Burna Boy, is the richest musician in Nigeria with an estimated net worth of $80 million. The African Giant himself is a Nigeria singer, songwriter and rapper. Known for his unique blend of Afrobeat, reggae and dance hall music.

Burna Boy is the most successful musician in Nigeria, his luxurious mansion located in Lagos, Nigeria is Worth over #5 billion. He also has luxurious fleet of cars including a Bugatti Chiron and Lamborghini SVJ. All this contributed to his astonishing net worth of $80 million.

Damini Ebunoluwa Ogulu, popularly know for this stage name Burna Boy, is the richest musician in Nigeria with a net worth of around $80 million. Other than this, he is a Grammys winner and the second most streamed artist in Nigeria.

Burna Boy is a Nigerian singer, songwriter and record producer. He is the founder and CEO of spaceship record, a Nigeria-based record label. Burna is also signed to an American Record Label called the Atlantic Records.

Ayodeji Ibrahim Balogun, known by his professional name as Wizkid is the second richest musician in Nigeria with an estimated net worth of $65 million. He is a well-known Nigeria singer, songwriter and record producer.

David Adeleke Adedeji, popularly know by his stage name Davido, is the third richest Nigerian musician on our list of top 10 richest musicians in Nigeria with an estimated net worth of over $60 million. He is a Nigerian songwriter, singer and record producer. He is also regarded as the most followed Nigerian artist on Instagram, one of the most improved Afrobeats artists of the 21st century, wizkid and burna are credited alongside him for popularizing the genre globally.

Michael Collins Ajereh, born 26 November 1982 popularly known as Don Jazzy, the music maestro and CEO of Mavins record, also known as the biggest music producer in Africa, holds the position of the fourth wealthiest musician in Nigeria.

Since his debut in 2011, Olamide has built a remarkable career, securing more than five prestigious awards such as the Headies Award, All Africa Music Award, Sound City MVP Award Festival, Nigeria Entertainment Award, MOBO Award and many others.

Peter Okoye and Paul Okoye are Nigerian most influential musicial duo, they are popularly known for their stage name P-Square. P-Square faced separation in early 2017, but their investment keeps them on the list of wealthiest musicians in Nigeria.

In 2008, Mr Eazi moved to Kumasi in Ghana to further his education, where he studied Mechanical Engineering at Kwame Nkrumah University of Science and Technology (KNUST). During his time of study, he began booking artist to perform at college parties.

Flavor has accumulated so much wealth through music, endorsement deals, and sold out shows both in Nigeria and abroad. He owns right to all his music rights and has secured his place as one of the richest musician in our list.

The tenth wealthiest musician in Nigeria on our list is Chibuzo Nelson Azubuike professionally known as Phyno Fino. He is a Nigerian rapper, singer, songwriter and recording producer. This incredible rich rapper was born and raised in Enugu State but is a native of Anambra State.

Nigerian musicians have not only made a name for themselves locally but have also gained international fame and recognition. With their unique sounds and infectious beats, they continue to captivate audiences worldwide and are truly deserving of their status as some of the richest musicians in Africa.

Well, this article will help you find the answer to your problem. These artists are all talented, hardworking, and they have a different unique style of performing on stage. Our ranking of the richest musician in Nigeria will depend on how demanding an artist is. That is, the number of shows and concerts booked, the ones shut down, and all the creative deals an artist has signed. Read on to find out ten wealthiest musicians in Nigeria.

Ayodeji Ibrahim Balogun, better known by his stage name Wizkid, is undoubtedly the most lavish artiste in Nigeria. He was born in Surulere in Lagos State, on July 16th, 1990. Recently, Forbes ranked him among the wealthiest celebrities in Africa in 2020. Apart from being the founder and CEO of Starboy music record label, he is an award-winning act recognized not only in Nigeria but also internationally.

He is also known as Starboy and Lil Prinz. At the age of 11, he released a collaboration with Glorius Five, which he formed with his friends in a church. He gained a lot of popularity with the release of "Holla at Your Boy" from his debut album Superstar in 2010. Later on, he managed to release other successful albums and even recording a hit song "One Dance" with a famous music performer Drake which is in the Guinness World Records.

He has expensive cars, mansions in various countries, as well as investments, businesses, and assets. He charges 5 million Naira per show and has an estimated net worth of $40 million as ranked by Forbes.

At the moment, Davido is the second richest musician in Nigeria. His real name is David Adedeji Adeleke. He has signed a lot of endorsement deals with companies such as AXE and Infinix Mobility. If you have been following him keenly, you will realize that his songs have crazy views on YouTube. He was born on November 21st, 1992, in Atlanta, the United States, but he is from a Nigerian family.

He is the son of one of the wealthiest men in Nigeria, Deji Adeleke. He owns a record label worthy billions of Naira. Presently, he is signed with word giants SONY records, which is known to sing best Nigerian Artistes like Tiwa Savage, Tekno, and Wizkid.

He has a series of investments and has expensive mansions and cars. We cannot conclude that he has any endorsement deals because we hardly see him on adverts. He charges N3 to N5 million per show and has an estimated net worth of $25.5 million.

His real name is Damini Ogulu. He gained prominence in 2012 after releasing "Like to Party."

In 2017, he signed with Bad Habit/Atlantic Records. He has an estimated net worth of $17 million. He gets his income from endorsement deals, sale of music, and investments.

UJah Idibia, popularly known as 2Face and 2Baba, was born on September 18th, 1975, in Jos. He started from nothing has he performed at schools, and later on universities. He interrupted his education to purposely concentrate on his music career.

He started his music career in 2003, which has so far earned him $11 million. Before he decided to become a musician, he played drums and piano, wanted to become a doctor, pilot. He also could create a rendition of every single recording he heard.

He released a debut album in 2005 called "True Story," followed by "Gift and Grace" album in 2008. He rose to fame after the release of his third studio album titled "De Rebirth". Today he has six albums and a lot of singles.

Paul now has a solo career and is popularly known as Rudeboy. Peter, on the other side, is perfecting his music career and has money-spinning deals with KIA Motors and Olympic Milk. When together, they used to earn crazy money and were estimated to get $150,000 per concert. They had a big house and private jet and only have an estimated worth of $10 million each.

Flavour is a well-known Nigerian singer who began as a church drummer. His real name is Chinedu Okoli. His song "Ada Ada" was nominated for Best Music Video in 2014 at MTV Africa Music Awards of the year. He has several popular albums like "Thankful, Uplifted and Blessed." His current net worth is $9.5 million.

Hopefully, this article has helped you find the answer to the disturbing question, "Who are the 10 richest musicians in Nigeria?" In the coming years, this list will change. We hope your favorite musician will be listed.

With a net worth of $27.6 million, Davido is a standout figure contracted to Sony Records alongside global icons like SZA, Pink, Future, and Meghan Trainor. Davido owns the HKN music record with his brother and has signed many Nigerian artists like Peruzzi, Liya, Mayorkun amongst others.

Burna, whose real name is Damini Ebunoluwa Ogulu, has been in the music industry for years, and his success skyrocketed around 2018. He is the first Nigerian with consecutive Grammy nominations and the second most-streamed Nigerian artist after Rema.

Peter and Paul Okoye of Psquare jointly claim the title of the sixth-richest musicians in Nigeria in 2023 with a combined net worth of $26 million. Despite their 2016 split, their financial success during their prime, charging up to N15 million per performance, remains a significant milestone in Nigerian music.

Paul Okoye, one part of Psquare, resides in a 1.5 billion NGN condominium in Banana Island, Lagos, accompanied by an impressive collection of luxury vehicles. Meanwhile, Peter Okoye, also known as Rudeboy, possesses a splendid residence in Parkview Estate, Ikoyi, Lagos, and owns a fleet of high-end automobiles, which includes a Bentley Bentayga, Mercedes-Benz GLE43 AMG 4MATIC Coupe, Lamborghini Aventador Roadster, and a Lamborghini Huracan.

In 2022, 2baba showcased his financial prowess and commitment to nurturing talent by donating a multimillion-dollar music studio to the Faculty of Music at Obafemi Awolowo University. This act of philanthropy adds to his impressive list of awards, including the Order of the Niger (MON) from President Mohammed Buhari, MTV Music Awards, Headies, and BET Awards. 152ee80cbc

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