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Wizkid, Davido, Don Jazzy Lead 2019 Top 10 Richest Musicians In Nigeria List

Check Out The Top 10 Richest Musicians In Nigeria 2019 List.

Wizkid, Davido, Don Jazzy Lead 2019 Top 10 Richest Musicians In Nigeria List

Nigerian musicians are among some of the world most extravagant musicians around the world. Some of them like , are known for buying some of their luxury items in real money whether in Naira, Dollar or Pounds.

Other than the Music business in Nigeria is profitable to the point that creating a smashing hit song can easily throw you into a millionaire status in the event that you weren’t already one. That explains why some of Nigeria’s music stars showcase their riches on social media. The figures of their total assets are drawn from cumulative wealth, gig fee, endorsements and probable investments by these artistes in the past 12 months.

Below is the ranking of Nigerian music stars as per their total assets released by Forbes.

Richest Nigerian artists list:


On the tenth spot is Mr. Olubankole Wellin’ton widely known by his stage name Banky W. The R&B singer is a top Nigerian artist who has both influence and money as well.

A year ago the EME manager proclaimed his enthusiasm to pursue the position of the “Member House of Representatives” for Eti-Osa Federal Constituency. He did run and started at the first runner up on the platform of a generally unknown party.

Prior to politics, Banky W was a huge brand influencer and diplomat for worldwide companies like Samsung, Uber, and so on with benefits running in millions.

He is happily married and has other enthusiasm for acting, film production, event host, and public speaking. His estimated total assets is put to be around N1.5 billion.


Contemporary highlife King Flavour takes the following space directly after Banky W. The ‘Obianuju‘ singer is a major member in Eastern Nigeria where he hails from. Flavour is one of the busiest Nigerian music stars as he plays in at least three to seven shows each week with a high service charge. The “Turn By Turn” singer is a brand ambassador for Bullet Energy drink, Life Lager Beer, and so forth. The estimated total assets of Flavour is pegged at around N3.7 billion.


Nigerian dancehall star Enitimi Alfred Odom better know as Timaya takes the number 8 position in our ranking. The DM Records manager attempts to stay under the radar however he is very much as far as entertainment in Nigeria is concerned. The Bayelsa-born artist as indicated by insiders brings home about N8m to carry out his responsibility at any event he is called upon to perform. Right now the ‘Stoopid‘ hit maker has running endorsements deals with Nigerian TeleCo Glo and Cognac brand Hennessy all worth a few a large number of Naira. A couple of months back to last December the artist was purchasing new vehicles for his partners and himself to celebrate the festivities. Timaya’s estimated total assets is put at N5 bn.

7. (Paul Okoye)

Paul Okoye otherwise known as Rudeboy is a former member from the shocking music duo Psquare. He involves the number 7 spot. Paul Okoye and his brother Peter used to control the African music scene until they split two years back.

PSquare was among the first three richest artists in Africa before the separation. The music group used to charge the highest fee for a gig by any Nigerian artist, that has some way or another changed as he stands alone.

Nowadays, the ‘Double Double‘ hit producer sets out on tours across Europe and America with his brother and kills the shows regardless. His estimated total assets esteemed at about N5.8 billion.

6. (Peter Okoye)

It has been around a long time since Peter and Paul Okoye former members from P Square split up. Before now the team used to be higher up in the rankings as their total assets was determined together. In any case, after the split Mr. P still got the bag secured. The artist is a brand ambassador to brands like Olympic Milk, Kia Motors, Tecno, and so on.

The “Cool It Down” singer has new clothing line he calls ZIP, a great portion of the business is awaiting official unveiling. As a solo artist, Mr. P has visited Europe, America and has sold out shows which is very impressive. His estimated total assets is N5.9 billion.


This year 2Face otherwise known as 2Baba denoted his 20 years of being in the Nigerian music industry in a joint effort with Trace Naija. He is the fifth richest artist in Nigeria as indicated by our rundown. The 43-year-old “Baecation” singer is truly likeable by his associates both young and old. His goodwill and mature attitude have made him a magnet of brand endorsement deal from the likes of Glo, Campari, and so on.

2Baba who is additionally popular for his number of kids is a top real-estate investor, particularly in the nightlife business. As a steady hitmaker 2Baba’s total assets is estimated to be about N6bn.

4. D’Banj

Dapo Daniel Oyebanjo otherwise known as D’Banj is about the best Nigerian entertainer out there whenever he takes the stage to perform. The DB Records manager is a quintessential brand ambassador to global organizations. He is the CEO of CREAM Platform, which was esteemed to be worth about $100,000,000 by an American firm. D’Banj charges a fortune to mount the stage anywhere to play out a figure of about N6m he additionally made a runway debut in Johannesburg, South Africa. A year ago he gave a rousing show at Global Citizen Festival Mandela 100 in South Africa last December. D’Banj merits an estimated figure of about N6.2bn.


Ace music producer Michael Ajereh Collins also called Don Jazzy is the CEO of Mavin Records, a record label that has buzzing act like Rema, Korede Bello, Dr Sid, D’Prince, Johnny Drille, POE, and recently Crayon and so on.

As of late, Mavin Records got millions of dollars in investment from Kupanda Holdings to enable it to grow to Mavin Global. Don Jazzy is number three on our rundown and one of the richest artists in Africa. The exceedingly loved music producer has different organizations outside music. Don Jazzy is a brand ambassador for Scotch Whisky Johnnie Walker.

The beat maker’s total assets is esteemed to be around N8.7bn.

2. Davido

David Adeleke is easily one of the richest musicians in Nigeria and Africa. The DMW pioneer, Davido has a big reputation in African entertainment and his bank account beyond any doubt supports the fact. The past year has been exciting for the artist as he packed away a few international awards, performed on global stages while selling out shows far and wide. His song ‘Fall‘ turned into the first African music video to hit 100,000,000 views on YouTube. The song additionally made it to Billboard R&B/Hip-Hop Airplay Charts.

He has endorsement deals with Infinix Mobility, Ax aroma, Travelbeta and so on. Davido’s estimated total assets is put at about N9.2bn.

1. Wizkid

Sitting at the first spot as the richest Nigerian artist is Ayodeji Ibrahim Balogun generally known as Wizkid. The past 12 months have been fascinating for the Starboy as he raked in some millions of dollars which takes him to the top on our list. A year ago he was paid $681,200 to perform in India at a Royal wedding at Umaid Bhawan Palace. In 2018 Wizkid sold out his Nike Starboy shirt merchandise twice, modelled for Dolce and Gabbana in Italy and Moschino. The ‘Fever‘ crooner is a brand ambassador for vodka brand Ciroc and he has modified Starboy Ciroc bottles. What’s more, for the record, the artist sold out the 20,000 limit O2 Arena, London for his Afro Republik show. Wizkid is one of the richest artists in Africa as indicated by Forbes ranking. His total assets has jumped in the past year and it is estimated to be at about N9.8bn.

Wizkid, Davido, Don Jazzy Lead 2019 Top 10 Richest Musicians In Nigeria List

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