Richest Musicians in Nigeria and their net worth – Forbes

If you are a lover of Nigerian music and you have been seriously curious to know who is the richest musician in Nigeria according to their net worth then you are at the right place because in here we will have talking our time to do a proper research and come up with the list Top 20 Richest Musicians in Nigeria 2017 and their net worth according to Forbes magazine.

Top 20 Richest Musicians in Nigeria 2017Believe me when i say that Nigeria music industry have been performing marvelously well when it have to do with music both internationally and locally, as our musicians are fully dedicated in their passion because they are doing what they love doing the most as some of our musicians have choose take our music beyond this country and beyond Africa as large.

2016 have been very good for our musicians as we once again record high number of new musicians who actually know what they doing in the music industry. All around the world now Nigerian Musicians are one of the world most talked  about Musicians and most dance to songs.

Do to this they have been improving and producing young talented Musicians and getting more famous as the day goes by with a lot of update and competition. Merely looking at all the musicians you will not be able to identify the highest paid and the richest among them all and that is while we will be giving you the  Top 20 Richest Musicians in Nigeria 2017 and their net worth according to Forbes magazine.

I have always made you to understand that when we talk about ranking that Forbes is the most trusted and the most reliable and that is why people depend on their own result.

Top 20 Richest Musicians in Nigeria 2017 and their net worth according to Forbes magazine

Below is the list of  Top 20 Richest Musicians in Nigeria 2017 and their net worth  according to Forbes which most reliable when it comes to ranking.


Top 20 Richest Musicians in Nigeria 2017Olamide Badoo is the King of the West, representing the rap and street faithfully , he has created a name for himself. He is the CEO of YBNL Nation.  Moreover, Olamide is the first Nigerian to sign endorsement deal with Ciroc in 2013. He has fathered many upcoming artist and it is believed that the success of Shoki was his brain child.

His popular hits include Shakiti Bobo, Eledami, Durusoke, Melo Melo and so on. Meanwhile, Olamide Net Worth is NGN400,000,000.  Hence he is one of the Top 20 Richest Musicians in Nigeria 2016.


Top 20 Richest Musicians in Nigeria 2017Patrick Nnaemeka Okorie is his name, popularly known by his stage name Patoranking.  He is the most talented Nigeria reggae-dancehall artistes, bringing in Jamaica into Nigeria genre of music is quite a great feat that Patoranking will forever be remembered for.

However, his hit songs includes Girlie which has over 3.5 million views and so many like Alubarika, Another Level and so on. So Patoranking made the Top 20 Richest Musicians in Nigeria 2016 ranking, PATORANKING is WORTH NGN400,000,000.


Top 20 Richest Musicians in Nigeria 2017Top 20 Richest Musicians in Nigeria 2017 – Yemi Eberechi Alade came into limelight after winning the maiden edition of the Peak Talent Show in 2009, she later released her first single “Fimisile” under the Jus’ Kiddin’ label.

She is best known for her hit single Johnny. Johnny” became an international smash hit as the single dominated the top of music charts and became an anthem in countries like Tanzania, Kenya, Ghana, South Africa, Liberia, Uganda, Zimbabwe, The United Kingdom just to name a few her net worth is N572 Million.


Top 20 Richest Musicians in Nigeria 2017The music of the Rivers born singer and producer known as Duncan Mighty, is heavily influenced by the sounds and culture of his people, as most of his songs are sung in his native Ikwerre tongue.

Duncan performs in most government functions and is regarded as one of the most successful artistes from the Niger Delta. His most popular songs on YouTube are “Port Harcourt Boy” and “Obianuju”. Both has collective views of 3.1 million his networth is N700 Million.


Top 20 Richest Musicians in Nigeria 2017Chidinma has one thing going for her – she is extremely likeable. That alone has skyrocketed her take home performance fees and worth to an enviable position. From a mere contestant in the MTN Project Fame to a household name in Nigeria, Chidinma has created wealth that her peers could only dream about, enough to earn her a place on this list of richest musicians in Nigeria.

Her biggest video to date is “Kedike” with 1.2 million YouTube hit, followed by “Oh Baby” featuring Falvour which currently has 600,000 views. And collective views of about 5 million for her songs, Chidinma’s net worth is put at – N820 Million

# 15. PHYNO

PHYNOEze Nnnunnu as he some time addressed by his numerous fans, Phyno has represented the East and street so well with his own style of rap music. Most of his songs are done in Igbo language, making him the King Of East.

However, Eze Nnunnu has gone beyond being the King of the East to be the hottest and the most sort artist for collaboration. While Phyno is the King of East Olamide remains the Baba of West. Currently, Pyhno Net Worth is NGN900,000,000.


Top 20 Richest Musicians in Nigeria 2017Ice Prince, born as Panshak Zamani, rose to fame after releasing Oleku, one of Nigeria’s most remixed songs of all time. He won the 2009 Hennessy Artistry Club Tour.

The Chocolate City  rap artist has won other achievement awards including one BET Award, The Headies Awards, Nigeria Entertainment Awards and two Channel O Music Video Awards. His most popular song Oleku  has 3.1 million views on YouTube. Currently his net worth is N970 Million.

# 13. KCEE

Top 20 Richest Musicians in Nigeria 2017Formerly a member of the KC Presh, one time winners of Star Quest Reality Tv Show, KCee is one of the most successful musicians in the industry. His hit songs “Pull Over” and “Limpopo” has made over 14 million views on YouTube. KCee is worth about N983,000,000.

#12. TIMAYATop 20 Richest Musicians in Nigeria 2017

Born as Enetimi Alfred Odon, Timaya is the founder of South South hip hop group Dem Mama Soldiers. His solo career began in 2006 with the release of “Dem Mama“, which also appeared on his debut album, True Story.

Timaya’s vocal power is unmatched in the industry. The Egberi Papa 1 of Bayelsa once won the hearts of his fans talking about how he sold plantain on the streets. Timaya has risen from a plantain hawker to one of the richest Musicians in Nigeria.  His net worth currently is N995 Million.

#11. MI

Top 20 Richest Musicians in Nigeria 2017

You can not talk about rap and forget the “Chairman” MI  whose real name is Jude Abaga is contemporary Nigerian hip hop rapper whose fame in the industry was made possible in 2006 by his hit song “Crowd Mentality” which as at then was very popular in Jos his hometown.

MI has built a reputation in the Nigerian music industry with his style and mode of music. MI Net worth is NGN998,000,000.

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Top 20 Richest Musicians in Nigeria 2017Tiwa Savage is one of the most sort after female Nigerian artist.  She has showcased her undeniable talent as a singer, songwriter and as well an awesome performer. Meanwhile, she is currently signed to Mavin Records and Sony/ATV Music Publishing.

She is a diva looked up by many upcoming female musicians in Nigeria and beyond. Tiwa Savage Net worth is NGN1.1 Billion.

# 9. BANKY W

Top 20 Richest Musicians in Nigeria 2017Olubankole Wellington popular by his stage name  Banky W. He is the former boss of Wizkid. He is an international super star of high reputation with many endorsements deals which has fetched him beautiful sum of money. Meanwhile, Banky W Net Worth is NGN1.8 Billion.


Top 20 Richest Musicians in Nigeria 2017Wizkid is one of the most talented musician, songwriter and artist of the Nigerian Music industry. His music career started quite early at the age of 11.

He shot into the limelight with his song Holla at Your Boy which he did while he was still signed to Empire Mates Entertainment.

Wizkid is currently the CEO of Starboy Entertainment Worldwide and have being really enjoyed a lot of of his music working the likes of Sarkodie and Drake is a great achievement. Wizkid Net Worth is NGN2.8 Billion.


Top 20 Richest Musicians in Nigeria 2017

Iyanya the winner of 2008 MTN Project Fame west Africa is a well known Nigerian Musician. The Kukere crooner is one of the best performer with an awesome well built body that always leaves his fans in frenzy each time he is on stage.

He won the 2013 Headies Award for the Artist of the year Award. Iyanya Net worth is NGN2.5 Billion.


Top 20 Richest Musicians in Nigeria 2017Davido the Aye and Gobe crooner is the CEO of HKN Music. He has won numerous music award across Africa and beyond of which includes a BET Award, a Kora Award, a Channel O Music video Award, a Ghana Music Award, two Musik Awards as well 5 Headies Awards.

Davido is a well talented musician with very large fan base. Davido Net worth is NGN2.9 Billion.

# 5. TUFACE ( 2BABA )

Top 20 Richest Musicians in Nigeria 2017TUBABA as he now prefers to be addressed is a Plateau born Nigerian musician who is loaded with a lot of talent. With very high reputation for his music Tuface is one of the most celebrated African musician.

His African Queen song is still in the list first choice good music in Nigeria. Tuface Net Worth is NGN4.5 Billion.

# 4. DBANJ

Top 20 Richest Musicians in Nigeria 2017

D’banj : The kokomaster as he is popularly called comes third on this list of the top 20 richest musicians in Nigeria. Though he has not released any hit song of recent he is still highly regarded in the Nigeria music industry while his song emergency is currently making wave in the Nigeria music industry. D’ Banj Net Worth is NGN5 Billion.


Top 20 Richest Musicians in Nigeria 2017Chinedu Okoli is a famous Nigerian musician who is very popular his stage name Flavour N’Abania. Flavour is known for his own pattern of music which many have described as Hip hop life, he normally spices with Igbo dialect. Flavour signed to 2nite Entertainment is one of the sort musician in Africa.

With his awesome body and style he has always being able to man his stage performance excellently. Flavour Net Worth is NGN5.7 Billion.

# 2. DON JAZZY – Top 20 Richest Musicians in Nigeria 2017

Top 20 Richest Musicians in Nigeria 2017Dorobucci Master –  Don Jazzy is the best producer as  far as Nigeria music industry is concerned. Aside this he is the CEO of Mavin Records label, a songwriter and a singer. He is one of the most respected Nigerian musicians, commending domineering influence of wealth and respect. Don Jazzy  Net Worth is NGN7 Billion.


Top 20 Richest Musicians in Nigeria 2017Top 20 Richest Musicians in Nigeria 2017 – P -Square is one of the best musicians in the Nigerian music Industry and they are the richest Nigerian Musician in 2015. In fact when you talk about music in Nigeria,Africa and the we World at large the name of P-Square to be are written on the wall for everybody to see no wonder they have  NGN25.6 Billion. so P-Square made of Peter Okoye and Paul Okoye are currently Richest Musicians in Nigeria 2017

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One thought on “Richest Musicians in Nigeria and their net worth – Forbes

  1. louis Ekeh says:

    i love wizzboy and his name is never on the list, wat’s happenx