Rap, afro-beats, and hip-hop are among the genres represented in the Nigerian music business.
Nigeria boasts a wide range of talented musicians, and the music industry seems to grow year after year with the entrance of yet another musical sensation.
But do you know who are the top 5 richest musicians in Nigeria & their net worth? Let’s introduce them to you!
1) Davido ($32 MILLION)
Davido is well-known and well-liked in Nigeria. His net worth is 32 million dollars, and he earns millions of naira every day as a performer. Davido is a co-owner of HKN, a well-known Nigerian musical company that he founded with his brother, Adewale Adeleke. He is the son of one of Nigeria’s wealthiest and most prominent politicians.
2) Wizkid ($20 Million)
Wizkid was signed to EME (Empire Mates Entertainment), one of Nigeria’s top musical labels at the time. Wizkid quit EME in 2013 to start his own record company, Starboy. Starboy’s record label presently boasts more than seven more well-known music artists. Mr. Eazi, Maleek Berry, Legendary Beatz, L.A.X, R2bees, Efya, Teni, and Terri are among them.
3) Don Jazzy ($17 Million)
Don Jazzy used to be a singer, but he stopped in 2017 to focus on music production full-time. He has made some of the most famous rock stars in the market, including Rema, who is the most recent. If Mavin Records were to be sold, it would be worth $100 million. He is also a co-founder of Flobyt, a prominent Nigerian software startup.
4) 2Face ($15 Million)
2Baba was born on September 18, 1975, in Jos, Nigeria. African Queen, one of his best-selling songs, helped him gain popularity. Plantashun Boiz was Baba’s first musical partner. He now runs Hypertech Media, a well-known musical label. Glo, Campari, and Partner Mobile are among his endorsement partnerships.
The story of Nigerian music & entertainment would be incomplete without discussing the Okoye twins, Peter and Paul, also known as P square. Despite the fact that the two aren’t currently together and are following separate careers, they are nonetheless worthy of inclusion on our list. They also won a number of musical prizes over their career, including MTV awards, MOBO Awards, KORA Awards, and Headies.