Top 5 richest musicians in Nigeria in 2018

Top 5 richest musicians in Nigeria in 2018

Do you want to know who is the richest musician in Nigeria? There are a lot of talented and artistes in our country. They've won awards and made great earnings, thanks to the diligence and hard work. These show business kings enjoy luxurious lives, invest money, buy expensive houses and cars. Checkout top 5 richest musician in Nigeria.

5 richest musicians in Nigeria in 2018

1. Don Jazzy: Net Worth — 11 Billion Naira ($35 million)

The real name of this artiste is Michael Collins Ajereh. He can no doubt be called the most attractive bachelor in Nigeria. It's not just because he is the richest musician in Nigeria.

Before opening his own recording studio, Don Jazzy worked with D'banj. From 2004 to 2012, they managed the project Mo'Hits Records. The partners stopped working together because of disagreements which arose between them. However, Don Jazzy's solo career is quite successful. He has collaborated with such celebrities as Tiwa Savage, Korede Bello, Reekado Banks, etc.

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The richest musician in Nigeria excelled not only in producing. He also writes songs beautifully and is a talented performer. We can't ignore his entrepreneurial talents. Endorsements concluded with large companies bring an intense flow of money to his purse.

READ ALSO: Don Jazzy net worth and assets

Don Jazzy

For example, in 2012 he signed a contract with Loya milk worth 40 million Naira. He also signed a contract with MTN, the initial value of the contract was 25 million Naira. Later it was raised to 40 million Naira. Don Jazzy is Samsung brand ambassador, In 2013, an agreement was concluded for the amount of 110 million Naira. Also, a contract with Konga worth 15 million Naira was recently signed.

2. D’banj: Net Worth — 10 Billion Naira ($32 million)

The former business partner of Don Jazzy is also one of the richest Nigerian musicians. His real name is Oladapo Daniel Oyebanjo. Maybe you heard about him as Koko master. This is a talented Nigerian musician, singer, television star, and entrepreneur. Several times he was named the best performer of the year. Also, D’banj managed to become the best-selling African artist.

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D’banj enjoys high popularity not only in Nigeria but also on the world stage. He is good at combining dancing electronic music with African beats. After parting with Don Jazzy in 2012, he concluded a profitable deal with Sony Music Entertainment. Of particular importance is his performance at the closing ceremony of the 2013 African Cup of Nations.

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A lot of fans fell in love with D’banj because of the successful single "Oliver Twist". This song received a huge number of views and enthusiastic comments.

His first deal was a contract with energy drink producers Power Fist. In 2013, he became the brand ambassador of Bank of Industry (BOI). He also signed a multi-million dollar deal with Globacom which was terminated in 2010. In 2014, a contract was signed with Heritage Bank. In 2015, the musician became the official African ambassador of Ciroc Nigeria and SLOT brand. This kind of business activity allowed him to earn a lot of money and get on this list.

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3. 2face Idibia: Net Worth — 9 Billion Naira ($29.5 million)

Innocent Ujah Idibia is also known as 2Baba. He excellently manages to write and perform songs. The main genre of his creative work is afro-pop. He has 1 MTV Europe Music Award, 1 World Music Award, 5 Headies Awards, 4 Channel O Music Video Awards, 1 BET, 4 MTV Africa Music Awards, 1 MOBO, 1 KORA, and a huge number of additional nominations.

This is an excellent example for all young artists making the first steps in the music industry. Other celebrities treat him with great respect because 2face Idibia is a kind of authority - a real boss of bosses when it comes to the Nigerian stage.

2face Idibia
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Previously, he was a member of the group “Plantashun Boys” formed by three friends. Together they created and performed many wonderful songs that brought a lot of joy to listeners. After the split, the former group members began solo careers. 2face became the most successful of them and achieved phenomenal popularity.

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The song "African Queen" received local and international recognition, a deep praise from critics. 2face is one of the best African musicians. He also was featured in a Hollywood movie.

4. Flavour: Net Worth — 8,5 Billion Naira ($28 million)

His real name is Chinedu Okoli. He performs songs, writes lyrics, and plays several instruments. Flavour began his musical career as a church drummer in his native Enugu State. Over time, he gained fantastic popularity throughout the continent. Especially listeners remembered hit "Nwa Baby (Ashawo Remix)". Currently, Flavour has a profitable contract with 2nite Entertainment.

In 2005, the general public got access to the first album of the artist named "N'abania". In 2010, there was a second full-fledged studio work Uplifted. This was an extremely favorable time. Since then nothing could stop Flavour in his creative progress. The artist was invited to perform at large-scale community events and concerts.


Flavour often collaborate with local and foreign celebrities and has won many awards. All this allowed him to accumulate a good net worth.

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5. Davido: Net Worth — 4.9 Billion Naira ($16 million)

His full name is David Adedeji Adeleke. Davido was born in Atlanta, Georgia. At an early age, he moved to Lagos. The "Dami Duro" single, released in 2011, received deep approval from the public. Davido and his elder brother Adewale Adeleke are co-owners of the record label HKN Music. Many popular Nigerian celebrities have recorded their hits there.

His debut album "Omo Baba Olowo" was released in 2012. Many tracks from it became extremely popular. Between 2013-2015, Davido released a number of singles. In January 2016, it became known that Davido concluded a deal with Sony Music. In addition, this artist has his own record label Davido Music Worldwide (DMW). It was founded several months after signing the contract with Sony.

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We hope that life stories of popular Nigerian musicians inspired you. Music really can bring high income if you put all your soul into it. Let us wish them further career success and generous rewards for perfect creative work.

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