Top 10 Richest Musicians In Nigeria In 2023

The Nigerian music industry is one of the biggest entertainment industries in the world, and it is only natural that the artists are all doing well for themselves. Many notable figures in the music industry are well-known around the world, and their music brings in a huge stream of income to them.

Due to their popularity, some are brand ambassadors for International brands, which brings in huge profits. Some of them also have personal investments that generate great income streams for them. 

While many of the artists are successful, some musicians are at the top of the game in the Nigerian music industry, and they earn very big. Many people have been curious to know about some of the richest musicians in Nigeria and their net worth. 

Do you want to know about the top 10 richest musicians in Nigeria and their net worth? This is the right post for you. In this work, I will go into detail on the top 10 richest musicians in Nigeria and their net worth in 2023. 

Top 10 Richest Musicians in Nigeria in 2023

Many of the musicians in the Music industry are doing well for themselves; however, some musicians have made their way to the top as the richest. Below are the top richest musicians in Nigeria and their net worth: 

1. Wizkid

Wizkid sits at the top as the richest musician in Nigeria. His real name is Ayo Balogun, but is popularly known by his stage name “Wizkid.” He was born on the 6th of July, 1990. He is a singer and a songwriter who kicked off his career as a child. His net worth is estimated to be around $21 million. 

2. Davido

Davido is one of the richest musicians in Nigeria. David Adeleke, popularly known by his stage name as Davido, was born on the 21st of November, 1992. The Nigerian-American-born musician is a songwriter, singer, and music producer. His net worth is estimated to be around $19.5 million. 

3. Don Jazzy

Don Jazzy is one of the richest musicians in the Nigerian music industry. He was born in November 1982. He is the record boss of one of the biggest record labels in Africa, Mavins Record. With a net worth of $18.5 million, he made it to the list of the richest musicians in Nigeria. 

4. Burna Boy

The fourth on the list of the richest musicians in the Nigerian industry is Burna Boy. Damini Ogulu, popularly known as Burna Boy, which is his stage name, is a songwriter, singer, and rapper. He was born on the 2nd of July, 1991. His net worth is estimated to be around $18.5 million. 

5. 2Baba

2Baba, previously known as 2Face, is one of the richest musicians in the Nigerian music industry. His real name is Innocent Idibia, but popularly known by his stage name 2Baba.  He was born on the 18th of September, 1975. He is a songwriter, singer, music producer, and philanthropist. His net worth is estimated to be around $16 million. 

6. Olamide

Olamide is one of the richest musicians in the Nigerian music industry. Olamide Gbenga Adedeji, popularly known by his stage name as Olamide, was born on the 15th of March, 1989. He is a songwriter, rapper, singer, and music producer. His net worth is estimated to be around $12 million. 

7. D’banj

D’banj is one of the top 10 richest musicians in the Nigerian music industry. Oladapo Daniel Oyebanjo, popularly known as D’banj, which is his stage name, was born on the 9th of June, 1980. He is a singer and rapper. His net worth is estimated to be around $11 million. 

8. Phyno

Chibuzor Nelson Azubuike, popularly known by his stage name Phyno, is one of the richest musicians in Nigeria. He is a songwriter, rapper, and singer. He was born on the 9th of October 1986. His net worth is estimated to be around $11 million. 

9. Timaya

Inetimi Timaya Odon, popularly known by his stage name Timaya is one of the richest musicians in the music industry. He is a songwriter and singer. He was born on the 15th of August, 1980. His net worth is estimated to be around $10.5 million. 

10. Tiwa Savage

Tiwatope Savage, popularly known as Tiwa Savage, is one of the leading richest musicians in Nigeria. She was born on the 5th of February, 1980. She is a singer and songwriter. Her net worth is estimated to be around $9 million. 

Related Post: