The music industry in Nigeria makes billions of naira yearly and has proven to be one of our major exports, which is one reason we need to guard it jealously. Our Nigerian musicians are living extravagant lifestyle. The life of fame, glamour, money and flamboyance has become the order of their day and it is a life many of us are dreaming to live in.
These Nigerian musicians are so wealthy that some of them own private jets, expensive Gucci’s, expensive cars and properties worth in millions of naira. So not to waste much of your time, we bring to you the top 20 most richest musicians in Nigeria.
20. Chidinma Ekile
Chidinma Ekile popularly known as Miss Kedike is a famous Nigerian Afro pop singer, songwriter, recording artist, stage performer and a model. She was born on 2nd May 1991 in Ketu, Lagos State in the south western part of Nigeria. She is currently 28 years old. She started singing at the age of 6 years old. She is originally from Imo State in the south eastern part of Nigeria but was born and bred in Lagos where her parents reside till date. She completed both her primary and secondary school education in Lagos, Nigeria. She became famous after winning the MTN Project Fame West Africa in 2010. Chidinma Ekile is very wealthy and currently number 20 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $2 million.
19. Duncan Mighty
Duncan Wene Mighty Okechukwu popularly known by his stage name as Duncan Mighty is a famous Nigerian R&B singer, music producer, songwriter, recording artist, stage performer, dancer, and a model. He was born on 28th October 1983 in Port Harcourt, Rivers State in the south southern part of Nigeria. He is currently 35 years old. Duncan Mighty is originally from Obio-Akpor, a small town in Port Harcourt, Rivers State in the south southern part of Nigeria. He is fondly referred to as the Port Harcourt first son. Duncan Mighty started his music career in 2006 as a record producer before delving into singing. In 2008, Duncan Mighty released his first debut full-length album “Koliwater” which was a commercial success. Duncan Mighty is very wealthy and currently number 19 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $2.2 million.
18. Naeto C
Naetochukwu Chikwe popularly known by his stage name as Naeto C is a famous Nigerian hip hop rapper, singer, songwriter, recording artist, stage performer, record producer, and a model. He was born on 17th December 1982 in Houston, Texas in the United States of America. He is currently 36 years old. After completing his primary and secondary school education in Lagos, Naeto C moved to the United States of America for his higher education. He attended Sunny Old Westbury University for one year and later proceeded to George Washington University both in the United States of America and graduated with a Bachelor’s Degree in Biology in 2004. Naeto C is very wealthy and currently number 18 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $2.5 million.
17. Yemi Alade
Yemi Alade is a famous Nigerian Afro pop singer, songwriter, vocalist, recording artiste, stage performer and a model. She was born on 13th March 1989 in Abia State in the south eastern part of Nigeria, but grew up in Lagos State in the south western part of Nigeria. She is currently 30 years old. Her father’s name is James Alade, he is from Yoruba origin while her mother’s name is Helen Uzoma, she is from Igbo origin. Yemi Alade is the fifth child in a family of seven children. She attended St Saviour British Primary School and Victory Grammar School both in Lagos, Nigeria for her primary and secondary school education. After completing her primary and secondary school education, Yemi Alade attended Federal University of Lagos and graduated with a Bachelor’s Degree in Geography. Yemi Alade is very wealthy and currently number 17 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $2.7 million.
16. Patoranking
Patrick Nnaemeka Okorie popularly known by his stage name as Patoranking is a famous Nigerian reggae-dancehall singer, songwriter, recording artiste, stage performer and a model. He was born on 27th May 1990 in Ijegun- Egba, Satellite Town, Lagos State in the south western part of Nigeria. He is currently 29 years old. He is originally from Abakiliki in Ebonyi State in the south eastern part of Nigeria. After his primary school education, Patoranking attended Citizen Comprehensive College in Epe, Lagos, Nigeria and later completed his secondary school education at Jibril Martin Memorial Grammar School in Iponri, Lagos, Nigeria and obtained his West African Senior School Certificate. He started his musical career doing underground collaborations with artists such as XProject, Konga, Slam and Reggie Rockstone. Patoranking is very wealthy and currently number 16 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $2.9 million.
15. Tiwa Savage
Tiwatope Savage Balogun popularly known by her stage name as Tiwa Savage is a famous Nigerian Afro pop singer, songwriter, recording artist, stage performer and an actress. She was born on 5th February 1980 in Ikeja, Lagos State in the south western part of Nigeria and relocated to United Kingdom at the age of 11 years old. She is currently 39 years old. She is originally from Isale Eko in Lagos Island, Lagos State in the south western part of Nigeria. She is a graduate of Business Administration from the University of Kent and BerkeleyMusic School, both in the United Kingdom. Tiwa Savage is very wealthy and currently number 15 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $3 million.
14. Iyanya
Iyanya Onoyom Mbuk popularly known by his stage name as Iyanya is a famous Nigerian singer, songwriter, recording artist, stage performer and a model. He was born on 31st October 1986 in Calabar, Cross River State in the south southern part of Nigeria. He is currently 32 years old. His mother was a headmistress in a primary school and his father was a forester. His parents are both dead. Iyanya’s grandfather was a clergyman. Iyanya used to sing in his local church’s choir and was the choirmaster for the children’s choir at the age of 5 years old. After completing his primary and secondary school education, Iyanya attended University of Calabar in Cross River State, Nigeria and graduated with a Bachelor’s Degree in Business Management. He started his music career in 2008. Iyanya is very wealthy and currently number 14 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $3.5 million.
13. Kcee
Kingsley Chinweike Okonkwo popularly known by his stage name as Kcee is a famous Nigerian singer, songwriter, recording artiste, stage performer, model and a philanthropist. He was born on 18th April 1979 in Ajegunle, Lagos State in the south western part of Nigeria. He is currently 40 years old. Kcee is originally from Uli, a small town in Anambra State in the south eastern part of Nigeria. He was formerly in the Hip Hop duo group called KC Presh. He currently has a record deal with Five Star Music which is owned by his younger brother E-money. In 1999, Kcee started his music career. Kcee and his longtime partner and friend Presh played as a duo for over 12 years (from 1999 to 2011). Their work together as music partners gave them both a few recognition until 2011 when they split and went their separate ways. Kcee is very wealthy and currently number 13 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $3.7 million.
12. Tekno
Augustine Miles Kelechi popularly known by his stage name as Tekno is a famous Nigerian singer, songwriter, recording artiste, music producer, stage performer and a model. He was born on 17th December 1992 in Bauchi in the northern part of Nigeria. He is currently 26 years old. He is originally from Abakaliki, Ebonyi State in the south eastern part of Nigeria. He completed both his primary and secondary school education in the northern part of Nigeria. While still in school, he had passion for music and started singing at a very tender age in his local church choir. In 2012, Tekno officially joined the Nigerian music industry and is currently signed to Made Men Music Group and K-Money Entertainment. At the age of 8 years old, he was enrolled in a music school where he learnt and mastered the rudiments of playing the piano and guitar. Tekno is very wealthy and currently number 12 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $4 million.
11. Phyno
Azubuike Chibuzor Nelson popularly known by his stage name as Phyno is a famous Nigerian indigenous rapper, record producer, songwriter, singer, stage performer and a model. He was born on 9th October 1986 in Abakpa-Nike, Enugu State in the south eastern part of Nigeria. He is currently 32 years old. His stage name Phyno, which is derived from the word “phenomenal” was the nickname given to him by one of his high school friend named Emeka. Phyno is originally from Anambra State in the south eastern part of Nigeria but was born and bred in Abakpa-Nike, Enugu State. After completing his primary and secondary school education, Phyno attended Institute of Management and Technology (IMT) in Enugu and graduated with a National Diploma in Public Administration. Throughout his high school days, Phyno focused all his attention in music and learned to play the drums and piano. Phyno is very wealthy and currently number 11 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $7 million.
10. Olamide
Olamide Adedeji popularly known as Olamide is a famous Nigerian hip hop indigenous rapper, singer, songwriter, recording artiste, stage performer and a model. He was born on 15th March 1989 in Bariga, Lagos State in the south western part of Nigeria. He is currently 30 years old. He rap and sing mostly in Yoruba language and sometimes calls himself Olamide Baddo or Baddest Guy Ever Liveth. After completing his primary and secondary school education, Olamide went ahead and studied at Tai Solarin University of Education in Lagos State, Nigeria. In 2000, he decided to pursue a career in music. In 2010, he performed at the Hip Hop World Awards. In 2011, he was signed to ID Cabasa’s Coded Tunes Record Label. He is currently the Chief Executive Officer (CEO) of YBNL Nation Record Label. Olamide is very wealthy and currently number 10 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $8 million.
9. Timaya
Enitimi Alfred Odom popularly known by his stage name as Timaya is a famous Nigerian singer, songwriter, stage performer and a recording artiste. He is popularly known as Egberi Papa 1 of Bayelsa and Dem mama soldier. He was born on 15th August 1980 in Port Harcourt, Rivers State in the south southern part of Nigeria. He is currently 38 years old. Timaya is originally from Odi, a small village in Bayelsa State, but was born and bred in Port Harcourt, Rivers State both in the south southern part of Nigeria. Timaya started his music career in 2005 and is currently the founder of Dem Mama Records. He is also the founder and Chief Executive Officer of the south-south hip hop group records label “Dem Mama Soldiers”. Timaya rose to fame after the release of his hit single “Dem Mama” which also appeared on his first debut studio album. In 2006, Timaya became a public figure after the release of his hit single “True Story”. Timaya is very wealthy and currently number 9 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $9 million.
8. Banky W
Olubankole Wellington popularly known by his stage name Banky W is a famous Nigerian R&B artiste, songwriter, record label owner, stage performer, rapper, actor and a model. He was born on 27th March 1981 in New York City in the United States of America. He is currently 38 years old. His father is from Badagry in Lagos State while his mother is from Calabar in Cross River both in Nigeria. He completed both his primary and secondary school education in New York City in the United States of America. After his high school in New York, Banky W studied Industrial Engineering from RPI College in New York in the United States of America. In 2002, he started his musical career. Banky W is the founded and CEO of the record label “Empire Mates Entertainment” (EME). In 2009 he signed Wizkid and Skales into his record label. Banky W is very wealthy and currently number 8 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $10 million.
7. Flavour
Chinedu Okoli popularly known by his stage name as Flavour is a famous Nigerian highlife/Afro pop singer, songwriter, multi-talented instrumentalist, recording artiste, guitarist, stage performer, actor, model and a philanthropist. He was born on 23rd November 1983 in Achara Layout, Enugu State in the south eastern part of Nigeria. He is currently 35 years old. He is originally from Umunze in Orumba South Local Government Area of Anambra State in the south eastern part of Nigeria. Flavour is the first son of a large family consisting of four siblings and seven step siblings. He has a daughter with his babymama, Sandra Okagbue and another daughter with one of his babymama, Anna Banner. He attended Robinson Primary School in Uwani and Awkunanaw Boys Secondary School in Achara Layout, both in Enugu State, Nigeria. In 1996, he was invited by the CEO of Sound City Communication to join the company on an educational scholarship to study music. Flavour is very wealthy and currently number 7 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $11 million.
6. 2Face Idibia
Innocent Ujah Idibia popularly known by his stage name as 2Face Idibia or 2Baba is a famous Nigerian R&B singer, songwriter, stage performer recording artist and an entrepreneur. He was born on 18th September 1975 in Jos, Plateau State in the northern part of Nigeria. He is currently 43 years old. He is originally from Idoma, a small village in Benue State in the south southern part of Nigeria. After his primary school education, 2Face Idibia attended Saint Gabriela’s Secondary School in Makurdi, Benue State, Nigeria and obtains his West African Senior School Certificate. After which he proceeded to the Institute of Management and Technology (IMT) in Enugu and obtained a National Diploma (OND) in Business Administration Management. 2Face Idibia is very wealthy and currently number 6 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $12.5 Million.
5. P Square
Peter and Paul Okoye popularly known by their stage name as P-Square are Nigerian famous R&B duo artiste and identical twin brothers, singer, songwriter, recording artiste, stage performer, investors, entrepreneur and models. They were born on 18th November 1981 in Jos, Plateau State in the northern part of Nigeria. They are currently 37 years old. P-Square is originally from Ifite Dunu, a small village in Anambra State in the south eastern part of Nigeria. They are currently married with beautiful kids. In 2017 due to family problem they split and went solo. Peter Okoye now goes by the stage name Mr. P while Paul Okoye goes with the stage name Rudeboy. P-Square attended St. Murumba Secondary School in Jos. While still in secondary school, P-Square join their school music and drama club where they began singing, dancing and mimicking pop legend Michael Jackson. After which they graduated from the University of Jos. In 2003, P-Square established their records label known as “Square Records” which was managed by their senior brother, Jude Okoye. P Square is very wealthy and currently number 5 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $15 Million.
4. D’banj
Oladapo Daniel Oyebanjo popularly known by his stage name as D banj is a famous Nigerian singer, songwriter, recording artiste, stage performer, model, actor, entrepreneur, investor and a philanthropist. He is popularly known worldwide as the “Koko Master”. He was born on 9th June 1980 in Zaria, Kaduna State in the northern part of Nigeria. He is currently 39 years old. He is originally from Ogun State in the south western part of Nigeria. His father is a military officer who commanded an artillery regiment in Nigeria. D banj was expected to follow his father’s military career and was enrolled into the Nigerian Military School in Zaria, Kaduna State, Nigeria. After which he attended Nigerian Navy Secondary School in Ibara, Abeokuta, Ogun State, Nigeria and obtained his West African Senior School Certificate. After which he completed his studies as a Mechanical Engineer in Oxford University in London, United Kingdom. D’banj was introduced into the Nigerian music industry by his late brother, Femi Oyebanjo, who died in a plane crash at the age of 17 years old. D’banj is very wealthy and currently number 4 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $20 Million.
3. Don Jazzy
Michael Collins Ajereh popularly known by his stage name as Don Jazzy is a famous Nigerian singer, songwriter, recording artiste, stage performer, record producer, entrepreneur, investor and a philanthropist. He was born on 26th November 1982 in Umuahia, Abia State in the south eastern part of Nigeria. He is currently 36 years old. He grew up with his three siblings in Ajegunle in Lagos State, Nigeria. He started singing when he was 4 years old. At the age of 12 years old, Don Jazzy began to play the drums, bass guitar and traditional instruments. Don Jazzy completed his primary school education in Ajegunle, Lagos State, Nigeria. After which he attended Federal Government College in Lagos, Nigeria and obtained his West African Senior School Certificate. After which he attended Ambrose Ali University Ekpoma in Edo State, Nigeria and graduated with a Bachelor’s Degree in Business Management. He is currently the Chief Executive Officer (CEO) of Mavins Records. Don Jazzy is very wealthy and currently number 3 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $25 Million.
2. Wizkid
Ayodeji Ibrahim Balogun popularly known by his stage name as Wizkid is a famous Nigerian singer, songwriter, recording artiste, stage performer and a model. He was born on 16th July 1990 in Surulere, Lagos State in the south western part of Nigeria. He is currently 28 years old. Wizkid grew up in an average rich family and an interfaith household with twelve female siblings and being the only male child and last baby in the family. His mother is a Pentecostal Christian and his father practices Islamic religion. Wizkid completed both his primary and secondary school education in Surulere, Lagos, Nigeria. While still in school, Wizkid started pursuing his music career at the age of 11 years old. In 2009, he got admitted to Lagos State University and later dropped out. His parents later admitted him into a private university known as Lead City University in Lagos, but he later dropped out to focus full time on his music career. He is currently the Chief Executive Officer (CEO) of Star Boy Records. Wizkid is very wealthy and currently number 2 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $30 Million.
1. Davido
David Adedeji Adeleke popularly known by his stage name as Davido is a famous Nigerian singer, songwriter, recording artiste, stage performer, model and a record label owner. He was born on 21st November 1992 in Atlanta, Georgia in the United States of America to Chief Deji and Vero Adeleke. He is currently 26 years old. His father is a billionaire and Nigerian business magnate while his late mother was a university lecturer. Davido is originally from Ogun State in the south western part of Nigeria. He completed his primary school education in Atlanta, Georgia in the United States of America. After which he returned to Nigeria and attended British International College in Lekki, Lagos, Nigeria. After completing his secondary school education, Davido attended Oakwood University to study Business Administration but could not complete his studies because of his interest in music. In 2011, Davido was admitted to Babcock University in Ogun State, Nigeria and graduated in 2015 with a Bachelor’s Degree in Music. He is currently the Chief Executive Officer (CEO) of Davido Music Worldwide (DMW). Davido is very wealthy and currently number 1 on our lists of the top 20 most richest musicians in Nigeria with an estimated net worth of $35 Million.
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