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Nigeria has the most richest/wealthiest musicians in Africa no doubt Nigeria is the giant of Africa.Here is the list of Top 10 richest/wealthiest musicians in Nigeria 2023.
Given the number of reputable artists in different genres across Nigeria, selecting the top 10 richest/wealthiest Nigerian musicians without bias is challenging. Here is a list of the top 10 richest/wealthiest Nigerian Musicians based on richest and wealthiest.
Top 10 Richest Musicians In Nigeria And Their Networth 2023
1. Mr Eazi – Network $1 Billion
Oluwatosin Ajibade (born 19 July 1991), better known by his stage name Mr Eazi, is a Nigerian singer, songwriter, and record executive.
He is the pioneer of Banku music, a fusion of sound he describes as a mixture of Ghanaian highlife and Nigerian chord progressions and patterns.
Mr Eazi relocated to Kumasi in 2008 and enrolled at KNUST, where he began booking artists to perform at college parties. He showed interest in music after recording a guest verse on “My Life”, a song that gained traction and became a popular record at KNUST. Mr Eazi released his debut mixtape About to Blow in 2013.
He gained an international audience following the release of the Efya-assisted single “Skin Tight”. His second mixtape, titled Life Is Eazi, Vol. 1 – Accra To Lagos, was released in 2017.
He is currently The Richest In Nigeria After selling His Vydia the portfolio Company Of His Music Company .
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2. WizKid – Networth $21 Million
Ayodeji Ibrahim Balogun is a Nigerian singer and songwriter better known by his stage name Wizkid. In 2018, Wizkid had a significant breakthrough when he featured on the number-one hit “Checklist” by Normani and Calvin Harris. His success continued to skyrocket the following year when he featured in Beyoncé’s single “Brown Skin Girl,”.
This song topped the Billboard World Digital Song Sales chart and earned him a coveted Grammy Award for Best Music Video. In October 2020, Wizkid further solidified himself as an international superstar with his fourth studio album, Made in Lagos, hitting number one on Billboard’s World Album Chart.
Read also: Top 10 most popular Musicians in Nigeria 2023
3. Davido – Networth $19.5 Million
The first Nigerian singer to be featured in a FIFA World Cup single, David Adedeji Adeleke is known with his stage name, Davido. Born on the 21st of November 1992. He is a Nigerian-American singer and songwriter, a record producer.
He has received numerous awards and nominations for his tons of musics and studio albums. He is known for affluence and relation with rich family members. He is considered one of the top hip-hop star with local and international recognitions and deals. He is one of the richest musicians in Nigeria.
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4. Don Jazzy – Networth $18.5 million
Michael Collins Ajereh popularly known as Don Jazzy was born in November 1982. He is a Nigerian record producer and singer. He founded Marvin Records (a reputable Record Label with lots of famous music artists) he is also the CEO.
He also founded Mo Hits in conjunction with D’Banj. Don Jazzy is known to be one of the most successful music producer in Nigeria having signed at some point, music stars like Wizkid, Tiwa Savage and others. Don Jazzy remains one of the richest musicians in Nigeria with more participation in music production.
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5. Burna Boy – Networth $17 million
Damini Ebunoluwa Ogulu M.F.R., also known as Burna Boy, is One of the most popular Nigerian artists, songwriter and record producers. He catapulted to stardom in 2012 with the release of “Like to Party” from his debut album L.I.F.E. (2013). Later that year, he signed a deal with Bad Habit/Atlantic Records for the United States and Warner Music Group internationally, culminating in his major-label launch Outside (2018).
Burna Boy made history in 2020 when he became the first Nigerian artist to be nominated at back-to-back Grammy Awards with his fifth studio album, Twice as Tall. This milestone was further cemented by winning Best International Act at B.E.T. Awards that same year.
Burna Boy’s influence is undeniable, and his music has earned him millions of fans worldwide. In July 2022, Burna Boy released his sixth studio album, Love, Damini, which also became the highest debut of an African album on Billboard 200, as well as charts in the Netherlands, United Kingdom and France.Twice as Tall was voted Album of the Year at the All Africa Awards in 2019. The album has been nominated twice at the Grammy Awards for the Best World Music Album. His success and accolades make him one of the most successful artists in Nigeria.
6. 2Baba – Networth $16 million
2Baba, formerly known as 2face Idibia, is a Nigerian songwriter, singer, and producer. Apart from specializing in music, 2Baba is an activist and philanthropist. 2Baba has been active in music since 1994.
He has diversified his style to remain relevant and cement his spot as one of the best musicians in Nigeria. The singer and producer has released many types of work. He has seven studio albums under his belt, including Face to Face, Grass to Grace, The Unstoppable, and The Ascension.2Baba has received multiple nominations and won many awards. He was the first African artist to win the Best African Act Award at MTV Europe in 2015.He has five Headies Awards, four MTV Africa Music Awards, and a single B.E.T. award. His music is unique, timeless, and mature, making him one of the most relevant Nigerian musicians.
7. Olamide – Networth $12 million
Olamide is one of the best hip-hop recording artists in Nigeria. He sings in Yoruba and English. The Superstar started by releasing street songs and is considered the Street King by many fans in Nigeria.
Olamide rose into prominence in 2011 after releasing Omo To Shan from his debut album named Rapsodi. His other albums include Y.B.N.L., Baddest Guy Ever Liveth, Stree O.T., 2 Kings and The Glory.He released Carpe Diem and UY Scuti albums, as well as an extended play called 999 between 2020 and 2021. Singles such as Lagos Boys, Motigbana, and Bobo demonstrate his creativity and ability to make indigenous raps global hit songs. Olamide has been the recipient of many local and international awards.The Nigerian hip-hop artist has won 22 awards from the Nigerian Entertainment Awards, B.E.T. Awards, The Headies and other organizations tasked with ranking and awarding artists.
8. D’banj – Networth $11 million
D’Banj is the stage name for the rock star, Oladapo Daniel Oyebanjo. Born on the 9th of June 1980, D’Banj, the founder of Mo’ Hits Record is a producer and a Nigerian singer and rapper. He had had a very successful music career and famous for his hit records.
He is also a series award winner, one of which includes the awards for Best African Act conferred at the MTV Europe Music Awards held in 2007. The music star had been a part of record labels like the GOOD Music, RCA, Sony Music Entertainment and others where he made hit tracks. He is considered one of the most successful singers with global recognition and fame. He, with lots of hit songs to his name, is one of the richest musicians in Nigeria.
9. Phyno – Networth $11 million
Chibuzor Nelson Azubuike popularly known as Phyno which is his stage name was born on October 9th 1986. Phyno is a Nigerian rapper, songwriter, singer as well as a record producer who has been on the spotlight for the good reasons in recent times. The pop rapper had started his music career in 2003 as a producer. He is one of the renowned rapper who displays great prowess in rapping using Igbo language.
In 2014, he had the release of his debut studio album No Guts No Glory. The album featured hit tracks like; Parcel, O Set, Ghost Mode and Man of the Year. With numerous collaborations and hit sounds with famous music stars like Me Raw, M I Ibaga, Timaya and many others, he has rose to fame as one of the richest musicians in Nigeria.
10. Timaya – Net worth $10.5 million
Inetimi Timaya Odon popularly known by his stage name, Timaya was born on the 15th of August 1980. Timaya is a multiple award-winning singer. A Nigerian singer and songwriter who hails from Odi, in Bayelsa state, which is in the South-South Region of Nigeria.
The Egberi 1 of Bayelsa as he is fondly called is the founder of Dem Mama Records Limited and a renowned Afro-caribbean and dancehall music star. With his numerous song records and and albums, he gained international recognition and prominence with the release of his studio album De Rebirth in partnership with Black Body Entertainment.This was further solidified with his hit single, Plantain Boy. He is one of the richest Nigerian musicians with lots of awards and nominations to his career.
Who is the Richest Musicians In Nigeria 2023? Mr Eazi is the richest musician in Nigeria 2023 with the Networth of $1 Billion.
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