Top 10 Richest Musicians In Nigeria 2023

Top 10 Richest Musicians In Nigeria 2023

Nigeria is one country blessed with outstanding and amazing Musicians in the whole of Africa.

When it comes to music, Nigeria takes the lead because the likes of Davido, Wizkid, Rema, Olamide, Phyno, Kiss Daniel have catapulted the Nigeria music industry to fame with their style of musics.

The said musicians have indeed make huge amount of cash from their career as professional Artist, But the question here is, Who are the top 10 richest musician in Nigeria?

After a careful research about this talented songwriters, naijanetworth is happy to share with you the updated list of wealthy Musicians in Nigeria as of 2023.

1. Davido

Top 10 Richest Musicians In Nigeria 2023

David Adeleke who is popular by the stage name, Davido remains the richest Musician In Nigeria with an estimated net worth of about $90, Million. The talented singer is the founder HKN music record, one of the best music label in the country, with promising young stars.

Davido has been in the music industry for a while now and has so far produced music. His style of music are top notch and second to none. He is also known for his philanthropist activities like helping the poor and other upcoming artist in the country.

2. Wizkid

Top 10 Richest Musicians In Nigeria 2023

Next after Davido is Ayodeji Ibrahim Balogun AKA Wizkid. Wizkid is a famous songwriter in Nigeria and beyond. The Grammy award winner started his music career from a very small age in Lagos, after years of struggling and pushing, he made it to the top. Currently he is among the best and Richest Musicians in Nigeria today.

3. Don Jazzy

Top 10 Richest Musicians In Nigeria 2023

Michael Collins Ajereh who is also known as Don Jazzy is a renowned songwriter and an amazing record producer. Don Jazzy has without doubt made way for top Musicians like Reekado Banks, Tiwa Savage, Rema, and Korede Bello through his record label, Mavins record.

With a net worth of $55 Million, Don Jazzy is one of the richest and successful Musicians in Nigeria.

4. Burna Boy

Burna Boy needs no introduction to anyone who listens to good Nigeria music. This young man style of music is out of this world which has won him a Grammy award. His full name is Damini Ebunoluwa Ogulu and was born on the 2nd of July 1991.

Burna Boy have in the course of his music career work with a lot of international artists which has lead to his Global recognition in the world. He is one of the richest Musicians out there making cool cash from his profession.

5. Timaya

Timaya has a net worth of $35 million and is the fifth wealthy singer in Nigeria. Through his music, the songwriter have continue to make money from streams and endorsement from brands and companies.

The plantain Boy ventured into the industry in 2005 and was famous upon the release of his first single, since then, Timaya has been releasing back to back songs winning him different awards and recognition.

6. D’banj

D’Banj is a prominent Nigerian Musician on this list. He is called Koko Master by many for his skills and talents when it comes to singing and writing cool music. Koko Master went to Oxford University London where he graduated with a bachelor’s degree in mechanical engineering before coming back to start his music career. D’Banj is one of the richest songwriters in the country.

7. 2Baba

2Baba born Innocent Ujah Idibia is one among the best and most talented musician in Nigeria. The songwriter is known by many for philanthropist activities asides his music career.

2Baba became famous in the year 2000 after the release of his single “African Queen” the singer’s name will never be forgotten in the history of music in Nigeria.

Talking about being rich, 2Baba has with no doubt make money from his music and is safe to say the young is one the list of rich musician in Nigeria.

8. Flavour

Chinedu Okoli better known as Flavour is a famous Nigerian highlife/Afro-pop singer, songwriter, guitarist, recording artist, stage performer, and instrumentalist from Enugu State. With a fat net worth of $23 Million, Flavour is the 8 richest artist in the country.

9. Olamide

Olamide is a legend in the industry. He has raised many up coming artist in Nigeria. The YBLN founder have received massive recognition for his great music which has won him awards. This list will be incomplete transmission without his name on it. Olamide currently has a huge net worth of around $21 Million.

10. Phyno

Phyno is gifted Nigerian rapper from Enugu State. Most of his music are written in Igbo language. He has made a very big name for himself in the competitive industry. Phyno has an estimated of $20 million making him the tenth on this list.


This is a comprehensive list of the new big guys in the music industry making cool cash from there career. Who is your favorite among them? The comment section is open for your thoughts and opinion.

Share with friends.

Also Check: Top 10 Richest Kannywood Actors 2023

Read More Celebrity Net Worth 👇👇👇
Top 10 Richest Kannywood Actresses in 2023
Top 10 Richest Kannywood Actresses in 2023

Top 10 Richest Kannywood Actresses in 2023 Who are the richest kannywood actresses is one question a lot of persons Read more

Top 10 Richest Kannywood Actors 2023
Richest kannywood actors

Top 10 Richest Kannywood Actors 2023 The Hausa movie industry which is popularly referred to as Kannywood is the second Read more

Leave a Reply

Your email address will not be published. Required fields are marked *