10.Olamide (N5 Billion)
Olamide Adedeji popularly known as Badoo was born on the 15th, March 1989 in Bariga, Lagos State. He is a Yoruba rapper and the CEO of YBNL.
He has released about 7 albums which includes some of his hit singles like science student, wo, story for the gods, eni duro etc.
He signed numerous endorsement deals which include Ciroc, Glo, etisalat etc.
Olamide’s net worth is estimated at N5 billion.
9.Phyno (N5.5 Billion)
Azubuike Nelson Chibuzor aka Phyno was born on 9th October, 1986. He is one of the best Igbo rappers in the country. He started his music career in 2003 as a producer and he has since built a brand for himself.
His net worth is estimated at N5.5 billion.
8.Banky W(N6 Billion)
Olubankole Wellington popularly known as Banky W was born in 1981 in the US.
He’s the founder and. CEO of EME Record. He was the one that Wiz Kid and Skales into limelight. His music albums include Capable, Ebutte Meta, Undeniable and so on.
He has signed many endorsement deals and also an ambassador for various companies which include Etisalat, Samsung, Ciroc, Uber etc. His net worth is estimated at N6 billion.
7.Timaya (7 billion)
Enitimi Odon known as Timaya started his music career in 2005 and has soared so high since then. He also has a record label called DM Record
He has endorsement deals with Globacom and Cognac brand Hennessey worth of millions. His net worth is estimated at N7 billion.
6.Paul and Peter Okoye (8 Billion)
They are once known as PSquare. They currently occupy the 6th place in the list. They were born on 18th November, 1981 in Jos, Plateau State. Their net worth is estimated at N8 billion.
5.2baba (N15 Billion)
Innocent Idibia popularly known as 2baba or 2Face was born on the 18th of September, 1975 in Jos, Plateau State. He releases his debut album in 2004 (Face 2 Face) and had since released 6 albums. According to Forbes, his net worth is estimated at N15 billion.
4.D’banj (N16 Billion)
Oladapo Oyebanjo known as D’banj aka Koko Master is one of the successful musicians in Nigeria. He was born on 9th June, 1980 in Zaria, Kaduna State.
He won numerous awards for this Afropop and RnB songs. In 2016, he was rated second richest musician in Nigeria by T.I.N magazine. He remain popular and respected in Nigeria as well as many countries. His wealth is estimated at N16 billion.
4.Don Jazzy (N17 Billion)
Collins Ajereh was born on 26th November, 1982 in Abia State. He is a producer and the CEO of Mavin Records where he signed many artists like Reekado Banks, Korede Bello, Di’ja, Tiwa Savage etc. His net worth is estimated at N17 billion.
Ayodeji Balogun known as Wizkid was born on 16th July, 1990 in Surulere, Lagos State. In 2010, he releases his debut album “Superstar”.
He’s one of the hottest singer in Nigeria. He has won various awards and has also been nominated for Grammy Award, MTV Base Award and his music still tops the billboard Hot 100 music charts.
He’s the founder of Startboy Music Record and has signed many endorsement deals which include Pepsi and Glo.
His net worth is estimated at N20 billion.
1.Davido (N20 Billion)
David Adedeji Adeleke aka OBO is presently the richest musician in Nigeria. He has featured on Forbes Top 10 richest singer in Africa, 2019.
He won various awards which include Best African Act, Mobo award etc. Some of his hit singles like “If” and “Fall” have about 60 million views on YouTube. His net worth is estimated at N20 billion.