Top 5 Richest Musician In Nigerian 2023
Nigeria has a vibrant music industry that has produced several successful musicians. In this note, we will explore the top 5 richest musicians in Nigeria, their backgrounds, music careers, and sources of wealth.
Davido – $50 Million Dollars
David Adedeji Adeleke, popularly known as Davido, is a Nigerian musician, songwriter, and record producer. He was born in Atlanta, Georgia, in the United States on November 21, 1992, but later moved to Nigeria.
Davido’s singing profession is his main source of income. He has released several hit songs that have gained popularity in Nigeria and other countries around the world. He is well-known for both his own kind of Afro-pop music and his propensity for working with other musicians.
2011 saw the launch of Davido’s musical career with the release of his track “Back Then.” The song was a commercial hit and contributed to his rise to fame in Nigeria. He then released numerous more popular singles, including “Dami Duro,” “Yes,” and “Fall.” He has won various accolades for his music both domestically and abroad.
Davido has dabbled with a variety of industries in addition to music. He has various musicians signed to his record company, DMW, which he founded. Together with numerous homes and fancy vehicles, he also has a villa in Banana Island, Lagos.
Davido is the richest artist in Nigeria according to estimates of his net worth, which is $50 million.
Wizkid has a $30 million fortune.
Wizkid is the stage name of Ayodeji Ibrahim Balogun, a musician, songwriter, and record producer from Nigeria. On July 16, 1990, he was born in Surulere, Lagos, Nigeria.
Wizkid’s music business is his main source of income. He has recorded a number of popular songs that have become well-known in Nigeria and other nations. He is renowned for his distinctive brand of Afro-pop music and his collaborations with foreign musicians.
2010 saw the launch of Wizkid’s musical career with the release of his album “Superstar.” Hit tracks including “Holla at Your Guy,” “Tease Me,” and “Don’t Dull” might be found on the album. He then released a number of other highly regarded albums, including “Ayo,” “Sounds from the Other Side,” and “Made in Lagos.” He has won numerous accolades for his music both domestically and abroad.
Wizkid has pursued careers in several industries in addition to music. He runs a record company named Starboy Entertainment and has signed a number of musicians to the label. Together with that, he has provided endorsements for Pepsi and UBA Bank.
According to estimates, Wizkid is the second richest singer in Nigeria with a net worth of $30 million.
$28.9 million for Burna Boy
Damini Ebunoluwa Ogulu, popularly known as Burna Boy, is a Nigerian musician, songwriter, and record producer. He was born on July 2, 1991, in Port Harcourt, Nigeria.
Burna Boy’s music profession is his main source of income. He has released several hit songs that have gained popularity in Nigeria and other countries around the world. He is known for his unique style of Afro-fusion music and his ability to address social issues in his music.
Burna Boy’s music career began in 2010 when he released his debut single “Freedom.” The song was a commercial success and helped him gain popularity in Nigeria. He followed up with several other successful singles such as “Like to Party,” “Tonight,” and “Ye.” His music has earned him numerous awards both locally and internationally.
Aside from his music career, Burna Boy has also ventured into other
Olamide has a $21 million fortune.
Olamide, also known as Olamide Adedeji, is a well-known musician, rapper, and songwriter from Nigeria. On March 15, 1989, he was born in Bariga, Lagos State, Nigeria.
Olamide’s music career is his main source of income. He has recorded a number of popular songs that have become well-known in Nigeria and other nations. He is renowned for his distinctive musical style, which combines the English language with the Yoruba language from his native Nigeria.
2011 was the launch of
Olamide’s musical career with the publication of his album “Rapsodi.” Hit tracks including “Eni Duro,” “Omo To Shan,” and “First of All” may be included on the CD. He then released a number of additional highly regarded albums, including “Baddest Man Ever Liveth,” “Street OT,” and “Lagos Nawa.” His music has earned him several awards both locally and internationally.
Olamide has also ventured into other businesses in addition to his music career. He has signed a number of artists to his own record label, which is called YBNL Nation. In addition, he owns a number of properties and has endorsed a number of brands, including Guinness Nigeria.
Olamide’s total assets is assessed at $21 million bucks, making him perhaps of the most extravagant performer in Nigeria.
Don Jazzy – $20 Million Michael Collins Ajereh, better known by his stage name Don Jazzy, is a musician, record producer, and businessman from Nigeria. He was born in Umuahia, Abia State, Nigeria, on November 26, 1982.
The majority of Don Jazzy’s wealth comes from his music career. He has launched the careers of numerous successful musicians and produced several hit songs for numerous Nigerian artists. He is known for his special style of music creation that mixes conventional African beats with current sounds.
When he and D’banj co-founded the record label Mo’ Hits Records in 2004, Don Jazzy launched his music career. “Pere,” “Oliver Twist,” and “Booty Call” are among the hit songs and albums that the label produced. Later, he established Mavin Records, his own record label, which has produced numerous successful artists like Tiwa Savage and Korede Bello.
Don Jazzy has also ventured into other businesses in addition to his music career. He claims a few properties and has supported a few brands like Samsung and Loya Milk.
Don Jazzy is one of Nigeria’s wealthiest musicians, with an estimated net worth of $20 million.
In conclusion, Don Jazzy and Olamide are two of Nigeria’s wealthiest musicians because of their successful musical careers and entrepreneurial endeavors. Aspiring musicians and businesspeople in Nigeria and elsewhere are encouraged by their success.