If you’re a fan of Nigerian music, then you’ll want to know who the richest Nigerian artists are. From international superstars to home-grown acts, these artists have made their mark in the Nigerian music industry and beyond.
In this blog post, we’ll look at the top 10 richest Nigerian artists you need to know about. Learn more about their lives, careers, and bank accounts to see why they’re considered some of the wealthiest musicians in the country.
Davido
Davido is a popular Nigerian singer and songwriter. He was born in Atlanta, Georgia but moved to Nigeria at the age of 1. Davido started his music career in 2011 when he released his first single “Back When”. He has since gone on to become one of the most successful Nigerian artists, with multiple hit songs, awards, and an estimated net worth of $16 million.
Some of Davido’s most popular songs include “Aye”, “If”, “Fall”, “Assurance”, “Fem” and many more. He has won several awards, including the MTV Africa Music Award for Best Male, Best International Act: Africa at the BET Awards, Artiste of the Year at the Headies Awards, as well as numerous awards for his singles.
Davido is also the founder of the Davido Music Worldwide (DMW) record label, which has signed some of Nigeria’s biggest stars such as Mayorkun, Peruzzi, Dremo, and Idowest. He is also involved in philanthropy and recently launched the Davido Adeleke Foundation, which seeks to provide quality healthcare and education for underprivileged Nigerians.
Wizkid
Wizkid is undoubtedly one of the biggest names in the Nigerian music industry, and he is one of the top 10 richest Nigerian artists. He has been around for over a decade, gaining international recognition and collaborating with some of the world’s biggest artists such as Drake, Chris Brown, and Tyga.
At the age of 11, Wizkid was already recording his first album and eventually made his breakthrough with the release of the single ‘Holla At Your Boy’ in 2011. Since then, he has gone on to become one of the most successful Nigerian artists, selling out concerts and winning several awards.
He has also created a global fanbase, with many of his songs becoming hits around the world. Some of his most popular tracks include ‘Ojuelegba’, ‘Fever’, and ‘Come Closer’. He has also had numerous collaborations with major international stars such as Beyonce, Runtown, and Skepta.
In addition to his music career, Wizkid has also ventured into other business ventures. He recently released his own clothing line called ‘Starboy’ which is sold in major stores across Nigeria.
Wizkid is estimated to have a net worth of $20 million making him one of the richest Nigerian artists. With such an impressive career, it’s clear that Wizkid will continue to dominate the music industry for years to come.
P-Square
P-Square is a Nigerian R&B and hip-hop duo consisting of Peter Okoye and Paul Okoye. Formed in 2001, P-Square is known for its chart-topping singles such as “Alingo”, “Chop My Money”, and “No One Like You”. They have also collaborated with international artists such as T.I., Akon, Rick Ross, 2Face Idibia, May D, and others.
With record sales in excess of 10 million units, P-Square has received numerous awards and nominations from organizations like The Headies, Channel O Music Video Awards, MTV Africa Music Awards, and the Kora Awards.
They are also one of the richest Nigerian artists with an estimated net worth of over $150 million.
In 2020, P-Square announced their reunion after a two-year hiatus. Since then, they have released two singles, “Bank Alert” and “Away”. They are currently working on new music for their upcoming project.
Don Jazzy
Don Jazzy is one of Nigeria’s most prominent music producers and entrepreneurs. He is the founder of Mavin Records, a record label that has helped to launch the careers of some of the biggest names in Nigerian music. Don Jazzy’s career began in the early 2000s when he worked with several other Nigerian artists as a producer.
He has since gone on to become one of the most successful entrepreneurs in Nigeria, with his estimated net worth estimated at around N14 billion.
Don Jazzy’s success is largely attributed to his work with Mavin Records, which is now one of the most successful record labels in Nigeria.
The label has helped to launch the careers of some of the biggest stars in the Nigerian music industry, such as Wizkid, Tiwa Savage, and P-Square.
Don Jazzy himself has produced several hit singles for artists such as D’banj, Iyanya, and Wande Coal.
In addition to his work in music, Don Jazzy has also ventured into other areas of business. He is currently the owner of a restaurant in Lagos called Marvin’s Place and is also an investor in various startups.
Don Jazzy’s philanthropic efforts have also been recognized, as he has donated millions of naira to various charitable causes in Nigeria.
Overall, Don Jazzy is one of the most successful entrepreneurs in Nigeria and his impact on the music industry will undoubtedly be felt for many years to come.
2Face Idibia
2Face Idibia, also known by his stage name 2Baba, is one of the most well-known Nigerian artists. He has been in the music industry since 1996 and has won numerous awards, including five Headies Awards, four MTV Africa Music Awards, and one BET Award.
2Face is also a philanthropist who has founded the 2Face Idibia Reach-Out Foundation.
2Face’s music is a mix of highlife, hip-hop, R&B, and reggae. He has released eight studio albums, with his most recent being The Ascension in 2014. Some of his most popular songs include “African Queen”, “Let Somebody Love You” and “Only Me”.
2Face has a net worth of $60 million, making him the seventh richest artiste in Nigeria. His wealth comes from not only his music but also from endorsement deals with companies such as Glo and Pepsi. In addition, he owns a number of businesses in Nigeria.
Conclusion
The Nigerian music industry is thriving and the top 10 richest Nigerian artists are a testament to the talent, creativity, and hard work of many talented individuals. From Davido to PSquare, these ten artists have become household names and have helped to shape the sound of modern Nigerian music.
Their wealth has been earned through their music, performances, endorsements, and investments. These artists have made a significant impact on Nigerian music and culture, and their success serves as an inspiration for those who aspire to become successful in the Nigerian music industry.
