Controversial List: Top 50 Richest musician in Nigeria 2021

Burna Boy Top Richest Musician in Nigeria

Last updated on October 21st, 2021 at 06:59 am

Who amongst these Naija music celebrities made the list of top 50 Richest musician in Nigeria? Davido made the list but let’s find the rest. today I will show you a top 30 list, a top 20, and of course, a top 10 list.

 

The question right about now should be what are you going to get from today’s post?

 

Well, the short answer is that you will get a lot, and I mean from the top 10 richest musicians in Nigeria 2021 right up to the top 50.

 

Now, here is a complete outline of what to expect from today’s post.

 

  • Top 10 richest musicians in Nigeria 2020

 

  • Top 20 richest musicians in Nigeria 2021

 

  • Top 30 richest musicians in Nigeria 2021

 

  • Top 40 richest musicians in Nigeria 2021

 

  • Top 50 richest musicians in Nigeria 2021

 

This post will cover A to Z of your favorite Nigerian musicians and their net worth.

 

Look!

 

If you could not find your favorite artist on this list of Top 50 Richest musicians in Nigeria and their net worth, then he or she must be on the top 100 list.

 

Often times I get asked to write about the best musicians in Nigeria right now, and also the richest.

 

This is why I took my time to make this gigantic list for you so, moving forward, the richest Nigeria musicians 2020 according to Forbes is Davido, Wizkid, Don Jazzy, D’banj, and 2face.

 

All 5 of these top-performing Nigerian musicians made the list of richest musician in Nigeria 2021.

 

But today we will go beyond that to look at a more mega list of Top 50 Richest musician in Nigeria 2020 and net worth.

 

 Did I tell you that the combined Nigeria musicians net worth 2021 is greater than $151,411,220?

 

If you need the right information about the top 20 richest musician in Nigeria 2021, all you have to do is type Shoutmeceleb.com into Google.

 

When you and I say net worth what does it mean exactly?

 

I like how Wikipedia defined it and here is how it was defined.

 

Let’s use you for this example:

 

Net worth is the measure of what you have left after you subtract all the debt that you owe.

 

Now, let’s get on with top Top 30 Richest musician in Nigeria and their net worth.

Top Ten Richest Musician in Nigeria 2021 

 

The fame of Artists in Africa can mean a lot of money but for this super list post, we will just consider the individual net worth of the richest artists in Nigeria.

 

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Top 50 Best Musicians In Africa 2021 (New To Old Generation)

So here is the complete list of top 10 richest artists in Nigeria 2021. 

Richest Musicians In Nigeria 2021

RankNameNet WorthState
#1Wizkid$25 MillionLagos State
#2Davido$24 MillionOsun State
#3Don Jazzy$20.8 MillionDelta State
#4D'banj$16.7 MillionOgun State
#52face Idibia$16.5 MillionBenue State
#6Mr P$16.4 MillionAnambra State
#7Rudeboy$15.4 MillionAnambra State
#8Timaya$13 MillionBayelsa State
#9Banky W$9.9 MillionLagos State
#10Olamide$8.8 MillionLagos State
#11Flavour$8.5 MillionAnambra State
#12Tiwa Savage $7 MillionLagos State
#13M.I$2.4 MillionTaraba State
#14Tekno$2.18 MillionEbonyi State
#15KCee$1.74 Million Anambra State
#16Phyno$1.6 MillionAnambra State
#17Iyanya$1.5 MillionCross River State
#18Yemi Alade$1.4 MillionOndo State
#19Duncan Mighty$1.3 MillionRivers State
#20Shatta Wale$1.3 MillionOgun State
#21Chidinma Ekile$1.25 MillionImo State
#22Ice Prince$1.25 MillionPlateau State
#23Patoranking$1.11 MillionEbonyi State
#24Wande Coal$1.10 MillionLagos State
#25Reminisce$1.10 MillionOgun State
#269ice$1.08 MillionOyo State
#27Harrysong$1 MillionDelta State
#28Runtown$1.5 MillionEnugu State
#29Falz$1 MillionLagos State
#30Small Doctor$1 millionOndo State

  • Davido

 

  • Wizkid

 

  • Don Jazzy

 

  • D’banj

 

  • 2face

 

  • Mr P & Rudeboy

 

  • Banky W

 

  • Timaya

 

  • Olamide

 

Who Is The Richest Musician in Nigeria

Wizkid is currently the richest Nigeria musician but Below you will find the complete list of richest musician in Nigeria 2020:

 

  • Wizkid – Ayo Ibrahim Balogun $25 Million

 

  • Davido- David Adedeji Adeleke $24 Million

 

  • Don Jazzy – Michael Collins Ajereh $20.8 Million

 

  • Dbanj – Oladapo Daniel Oyebanjo $16.7 Million

 

  • 2face Idibia – Innocent Ujah Idibia $16.5 Million

 

  • Mr P – Peter Okoye $16.4 Million
  • Rudeboy – Paul Okoye $15.4 Million

 

  • Timaya – Initimi Alfred Odom $13 Million

 

  • Banky W – Olubankole Wellington $9.9 Million

 

  • Olamide – Olamide Adedeji $8.8 Million

 

Davido’s Worth 24 Million US dollars

Recently I was on a Facebook group where my target audience hangs out. and someone asked the question below like;

 

Who is the richest musician in Nigeria?

 

Top 30 richest musicians in Nigeria
Davido

The richest Nigeria musician 2020 is Wizkid I said with a reply to his question.

 

He then said I read in some blog that it’s Davido.

 

Again I said yea but that’s like Forbes top 10 richest musician in Nigeria 2021. I told him to check out the current list on Shoutmeceleb Entertainment.

 

He came back and said I love the layout of your blog. It’s nice.

 

To which of course I replied, thank you. 

 

David, in my opinion, is quite the inspiration to this younger generation.

 

When one of my audience Clem visited my site and read about the top 10 richest artists in Nigeria. His only wish was that he wants to be richer than Davido and Wizkid put together.

 

My reply to him:

 

It’s totally doable. I told him but he will have to put in the work. Wishes do not get anything done.

 

But if you are serious about this, then work harder and you can be Richer than them. There is an infinite amount of money in the world.

 

His success story is quite an amazing one to tell, I believe I have a post here. that talks about his net worth.

 

You can fill in the gap with what I will leave out in this post with the link above.

 

Davido is the son of a multi-billionaire Lagosian businessman. His father owns Pacific holdings.

 

The 27 years old dropped from school to start recording songs until his father convinced him. to come back to Nigeria which he did to further his education at Babcock University.

 

There the son of Adedeji Adeleke graduated with a degree in music.

 

He is the Co-founder of HKN, a record label with which he started his career.

 

Now David owns his personal business record label DMW. which is an acronym for Davido Music Worldwide.

 

When I valued Davido’s houses, cars, his endorsement deals with several big companies like Infinix, his record deals.

 

and his charges per show, his record label DMW, we realize that David is worth 24 million US dollars.

 

Davido is worth 8.8 billion Naira converted. I got this figure by converting his worth in US dollars to Davido net worth in Naira.

 

Real Name: David Adedeji Adeleke

 

Stage Name: Davido and OBO

 

Marital status: Single

 

Nationality: Nigerian

 

State of Origin: Lagos state

 

Source of Wealth: Music, Endorsement deals, DMW record label.

 

 

 

Wizkid Worth 25 Million US dollars

 

Wizkid is worth 25 million US dollars. Just a few fractions above his arch-rival Davido.

 

He is from Lagos state and his singles like Hola at your boy shot him to fame back in 2010.

Richest musician in Nigeria

 

My team and I valued his net worth to be 9 billion Naira after converting Wizkid net worth in dollars to Naira.

 

This includes Wizkid charges per show, his endorsement deals with Glo, houses, and cars.

 

He is currently the only Nigerian that has performed with the likes of Drake, Chris Brown, etc.

 

You may be wondering his age but I will save you much time thinking. Ayo Ibrahim Balogun (Wizkid stage name) is 30 years old now.

 

He was born in Lagos state, spent his primary and secondary school right in Lagos. which is the western part of Nigeria.

 

He is the number one on our list of top 50 richest musician in Nigeria 2020 today.

 

 

Real Name: Ayo Ibrahim Balogun

 

Stage Name: Wizkid

 

Marital status: Single

 

Nationality: Nigerian

 

State of Origin: Lagos state

 

Source of Wealth: Music, Endorsement deals

 

Don Jazzy’s Worth $20.8 Million

 

Mavin boss Don Jazzy is worth $20.8 million. If I convert Don Jazzy’s net worth in Naira to dollars, the figure above is what I got.

 

Reverse this same process, you will get a whopping 7.272 billion Naira.

 

His real name is Michael Collins Ajereh and was born in Umuahia in the year 1982.

 

He runs Mavins record label as the boss and has artist like Tiwa Savage, Reekardo Banks signed.

 

Though the two have pathways with the record label boss, however, it was on good terms.

 

He is more of a businessman than a musician but Don jazzy did songs like Dorobucci. and Adaobi with the Mavin crew.

 

Real Name: Michael Collins Ajereh

 

Stage Name: Don Jazzy

 

Marital status: Single

 

Nationality: Nigerian

 

State of Origin: Umuahia

 

Source of Wealth: Music, Endorsement deals, Mavin record label.

 

D banj Net Worth $16.7 Million

 

Dbanj is worth $16.7 million according to Forbes. Mohits accounts for his major success in the Nigeria music Industry. He and Don jazzy combined and Brought spectacular music to us.

 

Did you even know he hails from Zaria in Kaduna? and was born in the year 1980 on the 9th of June?

who is the top 50 richest musicain in Nigeria

 

D banj’s real name is Oladapo Daniel Oyebanjo.

 

Well, you now know right?

 

His Endorsement deals with power first, Globalcom, Bank of industry, Beats by Dre. and many more puts him firmly at a spot in the top 50.

 

His humanitarian nature earns him recognition from world Bank direction Jim Young Kim.

 

Here at Shoutmeceleb Entertainment I and my team valued D banj net worth in Naira to be N6.012 billion.

 

This includes his cars, houses, endorsements, and other valuables such as gold.

 

Real Name: Oladapo Daniel Oyebanjo

 

Stage Name: D Banj

 

Marital status: married

 

Nationality: Nigerian

 

State of Origin: Shagamu Ogun State

 

Source of Wealth: Music, Endorsement deals and personal business

 

Dbanj Worth: N6.012 billion

 

2Face Net Worth

 

I can’t sing his name enough but if you are a good listener of music then you know Tuface is the real deal.

 

His music is soul lighting, you need that voice to speak your heart. and find the inspiration to get through each day till you make it?

Top 10 naija Musician 2019

2baba is the man I would recommend then.

 

This list is long and it won’t give me the opportunity to share everything but here is how much he is worth.

 

He was born in 1975 and he is 45 years of age now. but only a few people know what state in Nigeria he hails from.

 

The answer to that is Jos Plateau state, the part refers to as the middle birth of Nigeria.

 

and his real name is Innocent Ujah Idibia. but he became known by his stage name 2baba, Tuface, and 2face.

 

Do you remember the days of Platashun Boyz?

 

If you don’t then you probably were born in the indomie age. No offense to you though.

 

Read all about his days as a member of Platashun Boyz here.

 

Also, It’s good to see that he is still soaring with his songs with one Oyi Ft Hi-Idibia.

 

Currently, 2face is worth $16.5 million. now convert 2face net worth in dollars to Naira, the result is N5.940 billion.

 

Here is the summary…

 

Real Name: Innocent Idibia

 

Stage Name: 2face

 

Marital status: Single

 

Nationality: Nigerian

 

State of Origin: Benue

 

Source of Wealth: Music, Endorsement deals, Hypertek record label.

 

2baba Worth: N5.940 billion or $16.5 million

 

Mr P and Rudeboy Worth

 

One of the popular breakups that rocked the Nigerian music industry is the break-up of Mr P and Rudeboy. Together the two were once the richest Nigerian musician with a net worth of $150,000,000.

 

but their split saw the two stars drop down on the ladder of the top 50 richest musician in Nigeria.

 

top richest 9ja musicians

 

Though they both still manage a top 6 and 7 spot naturally with an estimated net worth of $16.3 million and $15.4 million respectively.

 

The twin hails from Anambra but grew up in Jos. together they both own the popular Square Villa before their split in 2017.

 

Right now Peter and Paul are 40 years old. born in the year 1981 November 18th.

 

Some of their recent songs include Mr P odo and Rudeboy reason with me.

 

Here is a summary for you…

 

Real Name: Peter Okoye

 

Stage Name: Mr P

 

Marital status: married

 

Nationality: Nigerian

 

State of Origin: Anambra

 

Source of Wealth: Music, Endorsement deals, business.

 

Real Name: Paul Okoye

 

Stage Name: Rudeboy

 

Marital status: married

 

Nationality: Nigerian

 

State of Origin: Anambra

 

Source of Wealth: Music, Endorsement deals

 

 

 

Timaya Worth $13 Million

 

Who is the only Ijaw musician in the industry?

 

At least from what I know, there aren’t other names in the music industry that hails from the same place him.

 

nigeria music industry
Timaya

What is the story?

 

 

 

Timaya is worth $13 million which is like N4.680 billion Naira.

 

His first album is True story which shot the 38 years old to stardom. He has several Endorsement deals that runs into millions.

 

But what is the real name of Timaya?

 

Well, his real name is Alfred Inetimi Odon, and he the true son of Bayelsa.

 

Timaya’s worth estimated includes all his assets minus his debt. and this is how he showed up on this list of top 50 Nigeria musician and net worth.

 

Here is a breakdown for you…

 

Real Name: Inetimi Alfred Odon

 

Stage Name: Timaya

 

Marital status: Single

 

Nationality: Nigerian

 

State of Origin: Bayelsa

 

Source of Wealth: Music, Endorsement deals, Demama records

 

Banky W Net Worth Worth $9.5 Million 

 

Banky W is one of the best musicians in Nigeria.

 

But quickly here is a list of the top 10 best musicians in Nigeria.

 

  • Wizkid
  • Davido
  • Timaya
  • Flavour
  • 2face
  • Dbanj
  • Don Jazzy
  • Psquare
  • Tiwa Savage
  • Iyanya
  • Banky W
  • Reekardo Banks
  • Tekno
  • Wande Coal
  • Duncan Mighty
  • Olamide
  • Yemi Alade
  • Kizz Daniel
  • Patoranking
  • Runtown

 

The good thing is he does not only belong to the above list, but he also comfortably sits in the 9th position. of SMCE’s blog of the top 50 richest Nigeria musicians.

 

His full name is Wellington Olubankole and his stage name is Banky W. and he is the boss of EME records.

 

Actually, he made Wizkid before Ayo Balogun decided to break out and have his own label.

 

But in 2018, EME records was dissolved by the boss. and rather focus the company on advertising, PR, and brand events.

 

DJ Xclusive and Ebuka became the first client to work with the rebranded EME record label.

 

In 2018 he showed his interest in political matters and ran for office under MDP. which is an acronym for the Modern Democratic Party.

 

Although he lost the Election of Nigeria House of Representative to Babajide Obanikoro. but it went to begin his journey as a political figure.

 

So how much is Banky W worth to put him in the first top 10 of this gigantic list?

 

Here is the interesting part!

 

He is worth $9.5 million but that an entirely different figure if you and I decide to convert it to Naira.

 

Banky W net worth in Naira becomes N3. 42 billion including all of his assets minus his debts.

 

Real Name: Olubankole Wellington

 

Stage Name: Banky W

 

Marital status: Married

 

Nationality: Nigerian

 

State of Origin: Lagos state

 

Source of Wealth: Music, Endorsement deals, EME, Politics.

 

Banky W Worth: $9.5 million or N3.42 billion

 

Olamide Badoo Worth $8.8 million

 

A couple of days back I published a post on Olamide net worth in 2021. so I won’t be discussing him much for this session.

 

Olamide Adedeji is his real name and he was born in Lagos state in 1989.

Naija Musicians

He is 30 years old and he has a net worth of $8.8 million or N3.168 billion Naira. 

 

He has been one of the most consistent musicians in the country for over a decade. 

 

Baddo currently has over 8 studio albums which is a record high for any artist in this generation. 

 

Real Name: Olamide Adedeji

 

Stage Name: Olamide Badoo

 

Marital status: Single

 

Nationality: Nigerian

 

State of Origin: Lagos state

 

Source of Wealth: Music, Endorsement deals, YBNL record label.

 

Olamide’s Worth: $8.8 million or N3.168 billion.

 

Now click on the pink Next Button to see the top 20.

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Controversial List: Top 50 Richest musician in Nigeria
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Controversial List: Top 50 Richest musician in Nigeria
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Who amongst this Naija music celebrities made the list of Top 50 Richest musician in Nigeria? Davido made the list but let's find out the rest. today I will show you a top 30 list, a top 20 and, of course, a top 10 list.
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