Top 10 Richest Musician in Nigeria

Top 10 Richest Musicians in Nigeria (2022 Updated)

We will discuss on a special topic that thousands of people are willing to know about, and that’s who is the most richest musician in nigeria? richest musician in nigeria 2022 forbes? who is the richest nigerian musician in 2022?, all i can say is that you are in the right place to know the real answer to this questions. this article got you covered, we have compiled the full list of the top 10 richest musicians in nigeria as of year 2022 below.


Top 10 Richest Musicians In Nigeria

we present you the full list of the richest nigerian musician in 2022, we hope you’ll enjoy the article:


10. Asa


Asa (also rephrased as Aṣa) was born on 17 September, 1982 in Paris to her Nigerian parents who were working and studying cinematography in France, Her family returned to live in Nigeria when she was two years old.

Her parents hail from Itoku, Abeokuta South local government area, Ogun State, Nigeria, but Aṣa grew up in Lagos city, in the south-western part of Nigeria, and 18 years later, returned to Paris, where her life as an artist took off.

Asa has been one of the evergreen artist in nigeria, her musics has not fade since it’s release and she is recognized as one of the richest musician in nigeria with a net worth of $6 Million, She has released about five studio album, two live albums, eleven groundout singles and many more achievements.

Read More About Asa Here >>.


9. Banky W

Top 10 Richest Musician In Nigeria: Banky W

Olubankole Wellington, popularly known as Banky W (stage name) and Banky Wellington, is a Nigerian singer, rapper, politician (contesting for nigerian house of representative 2022).

He was born on 27th Of March, 1981 in New york, United States to his Nigerian parents, Bankole family returned to Nigeria when he was five years old, then he started his music career as a church choir.

He later started the record label Empire Mates Entertainment (EME), which was one of the top leading record label in nigeria which houses one of the top nigeria musicians like Niyola and Wizkid, The record label later shut down to be a media agemcy.

Banky W is the one of the best musician in nigeria with a net worth of $10 million. he has total of four studio album, one EP, nine selected singles, one playlist and appeared in four movies.

Read More About Banky W Here >>.


8. Timaya

Top Richest Musician In Nigeria: Timaya

Inetimi Timaya Odon, also known by his stage name, Timaya, is a award-winning Nigerian singer and songwriter, He was born on 15th August, 1980 in Port Harcourt, Rivers State, Nigeria.

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He grew up to the family of Mr And Mrs Odon, His father was a banker while his mother was a trader. he became one of Nigeria’s most popular evergreen musician, he is said to have a special genre of dancehall, hip-hop, and soca, he was also Dubbed as the king of the Afro-Soca music genre, He is the founder of Dem Mama Records Limited.

Timaya is one of the top most richest nigerian musician with a net worth of $11 million in 2022, he got over four brand ambassadorship and several awards & nominations. he released a total of eight studio albums, over 28 selected singles, 25 music videos, 8 Outstanding Collaborations.


7. Olamide

Top Richest Musician In Nigeria: Olamide

Olamide Gbenga Adedeji, is a Nigerian rapper and singer, He is one of the biggest, richest and most influential musician in Africa at large, he is recognized as, the king of rap music and the king of street bangers. Olamide is one of the first singers to bring indigenous rap to the mainstream of the music business.

He started his own record label YBNL Nation after leaving ID Cabasa’s Coded Tunes record label back in year 2012, His record Label has been the most recognized label in nigeria, the record label houses some top nigerian artists like Fireboy, Yomi Blaze, Asake.

Most of his songs are inspired by the YOLO (You Only Live Once) manner of life and thinking, which is a widely held belief among Nigerian youth, Olamide’s songs are all street anthems, therefore it’s difficult to miss any of them.

Olamide is one of the richest nigeria musicians and the richest rapper in Nigeria, with a net worth of $12 million, having published nine studio albums, one EP, and two collaborative albums. This is a huge accomplishment for someone who grew up in the slums and is under the age of forty.



6. Phyno

Richest Nigeria Musicians: Phyno

Chibuzor Nelson Azubuike is another artist that freely sing and raps in his own language (Igbo) and encourages other up-and-coming artists to do so as well, he is a Nigerian rapper, singer, songwriter. Phyno’s music career began back in 2003 as a successful music producer after he was discourage of being a pilot.

He started his rap career back  in 2010 after he relocated to Lagos State, in 2014, he rose to prominence with the release of his studio album, No Guts No Glory, featuring top musicians like Olamide, P-Square, MI, Runtown and many more.

Following his successful, he went on to release more chart-topping albums with sympathetic lyrics, his music style garnered him a slew of lucrative deals and endorsements, accounting for a substantial portion of his current net worth, Phyno has a net worth of $14 million.



5. P-Square

Top Musican In Nigeria: P-Square

P-Square is a Nigerian music duo consisting of the popular twin brothers Peter Okoye and Paul Okoye born to the family of Mr and Mrs Okoye on November 18, 1981 in Anambra State, They produced and released their albums through Square Root Entertainment, they are also signed to Konvict Muzik label owned by the popular african musician Akon. They Splitted Some while ago but they now back together again in year 2022.

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they later released two new singles titled, Jaiye and Find Somebody as a worldwide hit for their reconciliation.

P-square are one of the most richest music artist in nigeria and africa at large, they have a net worth of $15 million in year 2022, having published 6 studio albums, 1 complication album, and many singles, they have a total of 17 awards and 18 nominations which include the famous MTV Europe Music Awards, Headies, Soul Train Music Awards, NMA, City Mag 9th Awards Show and many more.

Read More About P-Square Here >>.


4. Don Jazzy

Richest Nigeria Musicians: Don Jazzy

Michael Collins Ajereh also known as Don Jazzy, is a Nigerian singer and record producer, He is the founder and the CEO of the famous Mavin Records.

He was born was born on 26 November 1982, in Umuahia, Abia State, to the family of Mr Collins Enebeli Ajereh and Mrs Ajereh, He rose to fame after he collaborated with D’Banj to form a record label, Mo’ Hits, and later on, he launches his own record label, Mavin Records that homes the like of Tiwa Savage, Rema, Reekado Banks, Ayra Starr, Boy Spyce, Crayon  and many more.

Don Jazzy is one of the most talented record producer in africa, he has a net worth of $17 million in year 2022, Collins has produced over 15 albums, singles, complications and also won numerous wards and accolades which includes NMA, The Headies, City People Entertainment Award and many more.

Read More About Don Jazzy Here >>.



3. Burna Boy

Richest Musician In Nigeria: Burna Boy

Damini Ebunoluwa Ogulu, known by his stage name, Burna Boy, is a Nigerian singer and songwriter, He rose to prominence back in 2012 after the release of his music single, Like to Party, which is from his debut studio album, LIFE released in 2013.

he was born on the 2nd Of July, 1991 in Port Harcourt, Rivers State (Niger Delta region of southern Nigeria) to the family of Mr Samuel Ogulu and Bose Ogulu (who works has a language translator).

Burna Boy is one of top richest and best musician in nigeria, with a net worth of $18 million in year 2022, he released a total of 6 studio albums, 38 awards won and many more achievements.

Read More About Burna Boy Here >>.



2. Davido

Richest Musicians In Nigeria: Davido

David Adedeji Adeleke popularly known as Davido, is a Nigerian singer, influencer and songwriter, He rose to prominence with his music single, Dami Duro, which was his second single from Omo Baba Olowo Album released in 2012.

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He was born on 21st of November, 1992 to the family of Mr and Mrs Adeleke in Atlanta, he started his music career back in 2011, when he started working on Omo Baba Olowo Album which he featured some guest appearance like 2Baba, Naeto C, B-Red, Ice Prince. he signed a record deal with Sony Music back then and later founded the record label which he formally named “HKN“, but now Davido Music Worldwide (DMW) in 2016, to which acts like Dremo, Mayorkun, Peruzzi and Liya have been signed. same that year, Davido signed a record deal with Sony’s RCA Records.

Davido is one the Nigeria most recognized, popular and richest musician, he is not only rich, his father is the owner of a university, CEO of Pacific Holdings Limited and a billionaire, he has a net worth of $20 million in the year 2022. he released 3 studio albums, over 30 music singles.


1. Wizkid

Richest Musician In Nigeria: Wizkid

Ayodeji Ibrahim Balogun known professionally as Wizkid, is a Nigerian singer and songwriter, He Rose To Prominence After Releasing His Popular Music Single “Holla at Your Boy” From The Album, Superstar, He grew up in an interfaith household with twelve female siblings.

He was born on 16th July 1990 in Surulere, Lagos State to the family of Mr Alhaji Muniru Olatunji Balogun and Mrs Jane Dolapo Balogun who practiced Islam, Wizkid attended Ijebu Ode Grammar School, He grew up listening to King Sunny Ade, Fela Kuti and Bob Marley Songs, In a radio interview with Tim Westwood in 2012, he said:

his father has three wives.

Wizkid is the most influencer, recognized and the richest nigerian musican with a net worth of $24 million, he also peaked 3rd position at the richest african musicans list. he released a total of four studio album and 80 awards, which include the popular Headies, MOBO, Afrima, Apple Music Awards, MTV Award and numerous accolades. Read More About Wizkid Biography Here>>.


Other Recognized Richest Musicians

  1. Naira Marley
  2. 2Baba
  3. Zlatan
  4. Adekunle Gold
  5. Simi (Read About Her Net Worth And Biography) And Many More..


Top 5 richest musician in nigeria 2022

this is the summary of the main article above, here are the top 5 richest musician in nigeria in 2022:

  1. Wizkid (Net Worth: $24 million)
  2. Davido (Net Worth: $20 million)
  3. Burna Boy (Net Worth: $18 million)
  4. Don Jazzy (Net Worth: $17 million)
  5. P-square (Net Worth: $15 million).



who is the richest musician in 2022? we have come to conclusion that the most richest nigerian musician is Wizkid AKA Starboy.

who is the richest musician in nigeria? the richest musician in nigeria is wizkid, he has a net worth of $24 million.



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