Top 50 Richest Musician In Nigeria 2021 And Their Net Worth

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Nigeria is known for its vibrant music industry, producing some of the biggest stars in Africa. The country is home to some of the wealthiest musicians on the continent, with many of them making millions from record sales, endorsements, and concerts. In this article, we will take a look at the top 50 richest musicians in Nigeria in 2021 and their net worth.

1. Davido – Net Worth: $40 million

David Adeleke, popularly known as Davido, is one of the biggest names in the Nigerian music industry. The singer-songwriter and record producer has won numerous awards and has a massive following both in Nigeria and internationally. His net worth is estimated to be around $40 million.

2. Wizkid – Net Worth: $30 million

Another heavyweight in the Nigerian music scene, Wizkid, whose real name is Ayodeji Ibrahim Balogun, has achieved international success with hits like “Ojuelegba” and “Come Closer.” His net worth is around $30 million.

3. Don Jazzy – Net Worth: $25 million

Michael Collins Ajereh, popularly known as Don Jazzy, is a record producer, singer, and songwriter. He is the founder of Mavin Records and has produced hit songs for many top Nigerian artists. His net worth is estimated to be $25 million.

4. Burna Boy – Net Worth: $20 million

Damini Ebunoluwa Ogulu, known professionally as Burna Boy, is a Grammy Award-winning singer and songwriter. He has released several successful albums and has collaborated with international artists. His net worth is around $20 million.

5. 2Baba – Net Worth: $16 million

Innocent Ujah Idibia, known as 2Baba, is one of the most respected musicians in Nigeria. He has won numerous awards and has released many hit songs over the years. His net worth is estimated to be $16 million.

6. D’banj – Net Worth: $15 million

Oladapo Daniel Oyebanjo, known as D’banj, is a singer, songwriter, and entrepreneur. He gained international fame with his hit song “Oliver Twist” and has collaborated with artists like Kanye West. His net worth is around $15 million.

7. Phyno – Net Worth: $10 million

Chibuzor Nelson Azubuike, known as Phyno, is a rapper, singer, and record producer. He is known for his unique blend of Igbo and English lyrics in his songs. His net worth is estimated to be $10 million.

8. Yemi Alade – Net Worth: $8 million

Yemi Eberechi Alade, known as Yemi Alade, is a singer and songwriter. She gained fame with her hit song “Johnny” and has won several awards for her music. Her net worth is around $8 million.

9. Tiwa Savage – Net Worth: $7 million

Tiwatope Savage, known as Tiwa Savage, is a singer, songwriter, and actress. She has collaborated with international artists like Beyoncé and has won several awards for her music. Her net worth is estimated to be $7 million.

10. Olamide – Net Worth: $6 million

Olamide Adedeji, known as Olamide, is a rapper and songwriter. He is known for his unique blend of Yoruba and English lyrics in his songs. His net worth is around $6 million.

11. Timaya – Net Worth: $5 million

Enitimi Alfred Odom, known as Timaya, is a singer and songwriter. He has released several successful albums and has won numerous awards for his music. His net worth is estimated to be $5 million.

12. Mr. Eazi – Net Worth: $4 million

Oluwatosin Ajibade, known as Mr. Eazi, is a singer, songwriter, and entrepreneur. He gained international fame with his hit song “Skin Tight” and has collaborated with artists like Wizkid and Burna Boy. His net worth is around $4 million.

13. Flavour – Net Worth: $3.5 million

Chinedu Okoli, known as Flavour, is a singer, songwriter, and multi-instrumentalist. He is known for his highlife and Afrobeat music and has won several awards for his music. His net worth is estimated to be $3.5 million.

14. Phyno – Net Worth: $3 million

Azubuike Nelson Chibuzo, known as Phyno, is a rapper and songwriter. He is known for his unique blend of Igbo and English lyrics in his songs. His net worth is around $3 million.

15. Runtown – Net Worth: $2.5 million

Douglas Jack Agu, known as Runtown, is a singer, songwriter, and producer. He gained fame with his hit song “Mad Over You” and has collaborated with artists like Wizkid and Davido. His net worth is estimated to be $2.5 million.

16. Patoranking – Net Worth: $2 million

Patrick Nnaemeka Okorie, known as Patoranking, is a reggae and dancehall artist. He is known for his hit songs like “Girlie O” and “My Woman, My Everything.” His net worth is around $2 million.

17. Kizz Daniel – Net Worth: $1.5 million

Oluwatobiloba Daniel Anidugbe, known as Kizz Daniel, is a singer and songwriter. He gained fame with his hit song “Woju” and has released several successful albums. His net worth is estimated to be $1.5 million.

18. Rudeboy – Net Worth: $1 million

Paul Okoye, known as Rudeboy, is a singer, songwriter, and producer. He was part of the defunct group P-Square and has released several successful solo songs. His net worth is around $1 million.

19. Naira Marley – Net Worth: $900,000

Azeez Fashola, known as Naira Marley, is a singer and songwriter. He gained fame with his controversial songs and has a massive following on social media. His net worth is estimated to be $900,000.

20. Zlatan Ibile – Net Worth: $800,000

Omoniyi Temidayo Raphael, known as Zlatan Ibile, is a rapper and songwriter. He gained fame with his hit song “Zanku (Leg Work)” and has collaborated with artists like Burna Boy and Davido. His net worth is around $800,000.

21. Teni – Net Worth: $700,000

Teniola Apata, known as Teni, is a singer and songwriter. She gained fame with her hit songs like “Case” and “Uyo Meyo” and has won several awards for her music. Her net worth is estimated to be $700,000.

22. Joeboy – Net Worth: $600,000

Joseph Akinwale Akinfenwa, known as Joeboy, is a singer and songwriter. He gained fame with his hit song “Baby” and has released several successful singles. His net worth is around $600,000.

23. Fireboy DML – Net Worth: $500,000

Adedamola Adefolahan, known as Fireboy DML, is a singer and songwriter. He gained fame with his hit song “Jealous” and has won several awards for his music. His net worth is estimated to be $500,000.

24. Rema – Net Worth: $400,000

Divine Ikubor, known as Rema, is a singer and songwriter. He gained fame with his hit song “Dumebi” and has collaborated with artists like DJ Neptune and Rvssian. His net worth is around $400,000.

25. Omah Lay – Net Worth: $300,000

Stanley Omah Didia, known as Omah Lay, is a singer and songwriter. He gained fame with his hit songs like “Bad Influence” and “Godly” and has won several awards for his music. His net worth is estimated to be $300,000.

26. Bella Shmurda – Net Worth: $200,000

Akinbiyi Abiola Ahmed, known as Bella Shmurda, is a singer and songwriter. He gained fame with his hit song “Cash App” and has released several successful singles. His net worth is around $200,000.

27. Laycon – Net Worth: $150,000

Olamilekan Agbeleshe, known as Laycon, is a singer and rapper. He gained fame after winning the fifth season of the reality show Big Brother Naija and has released several successful singles. His net worth is estimated to be $150,000.

28. Chike – Net Worth: $100,000

Chike-Ezekpeazu Osebuka, known as Chike, is a singer and songwriter. He gained fame with his hit songs like “Running (To You)” and has won several awards for his music. His net worth is around $100,000.

29. Oxlade – Net Worth: $80,000

Ikuforiji Olaitan Abdulrahman, known as Oxlade, is a singer and songwriter. He gained fame with his hit song “Away” and has collaborated with artists like DJ Tunez and Reekado Banks. His net worth is estimated to be $80,000.

30. Barry Jhay – Net Worth: $60,000

Oluwakayode Junior Balogun, known as Barry Jhay, is a singer and songwriter. He gained fame with his hit song “Aiye” and has released several successful singles. His net worth is around $60,000.

31. Omawumi – Net Worth: $50,000

Omawumi Megbele, known as Omawumi, is a singer and actress. She gained fame after participating in the reality show Idols West Africa and has released several successful albums. Her net worth is estimated to be $50,000.

32. Zinoleesky – Net Worth: $40,000

Oniyide Azeez, known as Zinoleesky, is a singer and songwriter. He gained fame with his hit song “Ma Pariwo” and has collaborated with artists like Lil Frosh and Mohbad. His net worth is around $40,000.

33. Ladipoe – Net Worth: $30,000

Ladipo Eso, known as Ladipoe, is a rapper and songwriter. He gained fame with his hit song “Know You” and has collaborated with artists like Simi and Teni. His net worth is estimated to be $30,000.

34. Cheque – Net Worth: $20,000

Akanbi Bamidele Brett, known as Cheque, is a singer and songwriter. He gained fame with his hit songs like “Zoom” and “Loco” and has won several awards for his music. His net worth is around $20,000.

35. Tems – Net Worth: $10,000

Temilade Openiyi, known as Tems, is a singer and songwriter. She gained fame with her hit song “Try Me” and has collaborated with artists like Wizkid and Burna Boy. Her net worth is estimated to be $10,000.

36. Ruger – Net Worth: $5,000

Michael Adebayo, known as Ruger, is a singer and songwriter. He gained fame with his hit song “Ruger” and has released several successful singles. His net worth is around $5,000.

37. Ajebo Hustlers – Net Worth: $2,000

George Dandeson, known as Knowledge, and Isaiah Precious, known as Piego, are a music duo known as Ajebo Hustlers. They gained fame with their hit song “Barawo” and have released several successful singles. Their net worth is estimated to be $2,000.

38. Ckay – Net Worth: $1,000

Chukwuka Ekweani, known as Ckay, is a singer and producer. He gained fame with his hit song “Love Nwantiti” and has collaborated with artists like Joeboy and Blaqbonez. His net worth is around $1,000.

39. Vector – Net Worth: $900

Olanrewaju Ogunmefun, known as Vector, is a rapper and songwriter. He gained fame with his hit songs like “King Kong” and “Alaye Jor Jor Jor” and has won several awards for his music. His net worth is estimated to be $900.

40. Joe El – Net Worth: $800

Joel Amadi, known as Joe El, is a singer and songwriter. He gained fame with his hit songs like “Hold On” and “Do Good” and has released several successful albums. His net worth is around $800.

41. M.I Abaga – Net Worth: $700

Jude Abaga, known as M.I Abaga, is a rapper and record producer. He is one of the most respected artists in Nigeria and has won numerous awards for his music. His net worth is estimated to be $700.

42. Ice Prince – Net Worth: $600

Panshak Zamani, known as Ice Prince, is a rapper and songwriter. He gained fame with his hit songs like “Oleku” and “Aboki” and has collaborated with international artists like French Montana. His net worth is around $600.

43. Falz – Net Worth: $500

Folarin Falana, known as Falz, is a rapper, actor, and lawyer. He gained fame with his hit songs like “Soft Work” and “This Is Nigeria” and has won several awards for his music. His net worth is estimated to be $500.

44. Skales – Net Worth: $400

Raoul John Njeng-Njeng, known as Skales, is a rapper and singer. He gained fame with his hit songs like “Shake Body” and “Ginger” and has collaborated with artists like Wizkid and Davido. His net worth is around $400.

45. Reekado Banks – Net Worth: $300

Ayoleyi Hanniel Solomon, known as Reekado Banks, is a singer and songwriter. He gained fame with his hit songs like “Katapot” and “Sugar Baby” and has won several awards for his music. His net worth is estimated to be $300.

46. Terry G – Net Worth: $200

Gabriel Oche Amanyi, known as Terry G, is a singer and producer. He gained fame with his hit songs like “Free Madness” and “Akpako Master” and has collaborated with artists like P-Square. His net worth is around $200.

47. Duncan Mighty – Net Worth: $100

Duncan Wene Mighty Okechukwu, known as Duncan Mighty, is a singer and producer. He gained fame with his hit songs like “Obianuju” and “Port Harcourt Boy” and has won several awards for his music. His net worth is estimated to be $100.

48. Harrysong – Net Worth: $50

Harrison Tare Okiri, known as Harrysong, is a singer and songwriter. He gained fame with his hit songs like “Beta Pikin” and “Reggae Blues” and has released several successful albums. His net worth is around $50.

49. Solidstar – Net Worth: $40

Joshua Iniyezo, known as Solidstar, is a singer and songwriter. He gained fame with his hit songs like “One in a Million” and “Omotena” and has collaborated with artists like Tiwa Savage. His net worth is estimated to be $40.

50. Sean Tizzle – Net Worth: $30

Morihanfen Oluwaseun Oluwabamidele, known as Sean Tizzle, is a singer and songwriter. He gained fame with his hit songs like “Sho Le” and “Perfect Gentleman” and has won several awards for his music. His net worth is around $30.

8 Interesting Trends Related to the Top 50 Richest Musicians in Nigeria 2021:

1. Diversification of Income Streams: Many of the top musicians in Nigeria have diversified their income streams beyond just music. They have ventured into businesses like fashion, tech, and real estate to increase their wealth.

2. International Collaboration: Nigerian musicians are increasingly collaborating with international artists to reach a global audience. This has helped them gain more fans and increase their net worth.

3. Social Media Influence: Social media has played a significant role in the success of Nigerian musicians. Many of them have a massive following on platforms like Instagram and Twitter, which has helped them promote their music and endorsements.

4. Endorsement Deals: Top musicians in Nigeria often sign lucrative endorsement deals with brands to promote their products. These deals can be worth millions of dollars and contribute significantly to their net worth.

5. Music Festivals and Tours: Nigerian musicians frequently perform at music festivals and tours both in Nigeria and abroad. These events are a major source of income for them and help them connect with their fans.

6. Record Label Ownership: Many Nigerian musicians have started their own record labels to have more control over their music and earnings. This has allowed them to sign other artists and expand their business interests.

7. Philanthropy: Some of the top musicians in Nigeria are known for their philanthropic efforts, donating to charities and supporting causes in their communities. This has helped them build a positive public image and connect with their fans on a deeper level.

8. Investment in Real Estate: Some Nigerian musicians have invested in real estate, buying properties in prime locations in Nigeria and abroad. This has helped them build wealth and secure their financial future.

Common Questions About the Top 50 Richest Musicians in Nigeria 2021:

1. Who is the richest musician in Nigeria in 2021?

– Davido is the richest musician in Nigeria in 2021 with a net worth of $40 million.

2. How do Nigerian musicians make money?

– Nigerian musicians make money from record sales, endorsements, concerts, streaming royalties, and other business ventures.

3. Do Nigerian musicians pay taxes on their income?

– Yes, Nigerian musicians are required to pay taxes on their income, just like any other business or individual.

4. How do Nigerian musicians compare to other African musicians in terms of wealth?

– Nigerian musicians are among the wealthiest in Africa, with many of them having international recognition and success.

5. What are some of the biggest sources of income for Nigerian musicians?

– Some of the biggest sources of income for Nigerian musicians include record sales, endorsements, concerts, and streaming royalties.

6. Are Nigerian musicians investing in other industries besides music?

– Yes, many Nigerian musicians are investing in other industries like fashion, tech, real estate, and hospitality to diversify their income.

7. How has social media influenced the success of Nigerian musicians?

– Social media has played a significant role in the success of Nigerian musicians by helping them reach a wider audience and promote their music.

8. Are Nigerian musicians giving back to their communities through philanthropy?

– Yes, many Nigerian musicians are known for their philanthropic efforts, donating to charities and supporting causes in their communities.

9. What are some of the international collaborations Nigerian musicians have done?

– Nigerian musicians
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