Here is the accurate ranking of the top 10 richest musicians in Nigeria for the year 2024 and their Forbes net worth.
This list has been compiled to help those who have been in search of information on the top 10 richest musicians in the country for this year.
Introduction to the top 10 richest musicians in Nigeria 2024
We are all used to seeing Nigerian musicians drive in fancy cars and live in mansions. So many of us are of the believe that this singers are living a “fake life” (though this has been proven to be true about some). Here is a post which is set to reveal the top 10 richest musicians in Nigeria for the year 2024.
On what parameters was this list of the top 10 richest musicians in Nigeria 2024 compiled?
If you are doubting the accuracy and reliability of this list of the top 10 richest musicians in Nigeria this 2024 here is an explanation on how we came about this list.
Before we came about this list we carried out careful and bias free research. We used some of the basic set parameters used in advanced countries to decide those who made this top ten list. Here are the parameters we used to come about this list.
- Media reports
- Sales on iTunes
- Income from shows and tours
- Endorsement deals
- Artist having his/her own label or signed to a label
I think that settles the authenticity of this ranking. Let’s now go fully into this list of the top 10 richest musicians in Nigeria for the year 2024. In a bid to bring you better and quality information we are not going to give you a mere list of the richest musicians in the country but also going to include the net worth and short bio of each of the singers that makes this list.
Here is the fully updated 2024 list of the richest musicians in Nigeria
10. Iyanya: Biography and Net Worth 2024 — 1.8 Billion Naira
Iyanya has acquired much recognition for himself and surprisingly this achievement has come within a short time frame. The Kukere coroner recently signed a contract with top Nigerian record label, Mavin Records. Iyanya has been consistent in the Nigerian music industry since he won the 2008 MTN project fame. He is reported to worth about 1.8 Billion naira.
9. Banky W: Biography and Net Worth 2024 — 2.3 Billion Naira
Olubankole Wellington who is popularly known by his stage name Banky W. This musician is highly talented as he is not only know for his music but also his role in the Nigerian movie industry (He starred in the Wedding Party). Banky W is the CEO of EME records under which top musicians like Wizkid and Skales were produced.
8. Flavour: Biography and Net Worth 2024 — 2.5 Billion Naira
Flavour is reported to currently worth above 2.5 billion Naira. This rich Nigerian musician takes the number 8 spot on this top 10 list having made his money from album sales, endorsement deals and tours. He also owns clubs and hotels across the country. Great admirers of his high-profile songs perceive him as the king in churning out highlife music.
7. 2Face Idibia: Biography and Net Worth 2024 — 2.5 Billion Naira
2Baba is a legendary Nigerian singer and has been relevant in the industry for over a decade. He has won several awards during his music career and he is one of the few veteran artist who still remains relevant in this industry today. 2Face is known for his breakthrough track, African Queen, which helped place him on the Nigerian music industry map.
6. D’banj: Biography and Net Worth 2024
The kokomaster takes the sixth spot on this KikioTolu list of the top 10 richest musicians in Nigeria 2024. Though he has not had an hit track of recent he is still highly regarded in the Nigeria music industry today. His recent son ‘Baecation” with 2Baba got a lot of airplay. He has many endorsement deals, and that is one of the things keeping him at the moment.
5. Peter and Paul Okoye: Biography and Net Worth 2024 — 5.6 billion
The twin duo are one of the richest musicians in Nigeria at the moment. Peter and Paul take the number one spot of this list having amassed a lot of wealth over their decorated career, they are reported to worth over 5.6 billion Naira. Since the split of Psquare, Peter Okoye now goes by the stage name Mr P while his twin Paul goes by the stage name Rude Boy.
4. Wizkid: Biography and Net Worth 2024 — 2.8 Billion Naira
Wizkid broke into the Nigerian music industry with his hit single, Holla at your boi. He has since kept the momentum and gone on to release other hit tracks. He was featured last year by Drake on the track One Dance which was a worldwide hit and No. 1 on billboard. He takes the number 4 spot on this KikioTolu list of the top ten richest singers in Nigeria 2021.
3. Davido: Biography and Net Worth 2024 — 2.9 Billion Naira
Davido stormed the Nigerian music industry with his hit track, Ema Da Mi duro. He is the son of a Nigerian billioniare and as also done well for himself as he takes the number 3 spot on this KikioTolu list of the top 10 musicians in Nigeria this 2021. Davido recently signed a contract with Sony music which has helped promote his brand internationally.
2. Jidenna: Biography and Net Worth 2024
Taking the number two spot is no other person than Jidenna. I hope you aren’t surprised to find him here. Jidenna is a top singer and Nigerian. He is well known internationally and keeps remaining relevant globally.
1. Don Jazzy: Biography and Net Worth 2024 — N6.5 billion
Don Jazzy is one of the best music producers in Nigeria and even arguable Africa at the moment. Since he began his career Don Jazzy has continued to produce good music consistently. He is a distinctly-gifted personality who sensibly blends singing with music production, he serves as the boss of MAVIN. He reportedly has a net worth of almost 7billion Naira and has enjoyed a blistering career.
WANT A LONGER LIST?
There you have it on this up-to-date rankings of the richest musicians in Nigeria this year 2024.
As you can see from the above rankings Nigerian musicians are really making it big in the industry today. The Nigerian music industry is now developed and you can make real cash from the industry if you are good at what you do and also if you are hardworking.
To show the level of improvement in this industry you can see that Don Jazzy who is not a fulltime musician has really made it in this industry. He is a producer and only features on few music tracks. This is a sign that if you a song writer, producer or vocalist you can make some cool cash from the Nigerian music industry. Before we call it close on this kikiotolu.com ranking of the top 10 richest musicians in Nigeria 2020, lets give you a review of the artist that made this list.
List of the Top 10 Richest Musicians in Nigeria for the year 2024
- Don Jazzy
- Jidenna
- Davido
- Wizkid
- Psquare
- D’Banj
- 2Face
- Banky W
- Iyanya
- Olamide
Conclusion
There you have it on this post “Top 10 Richest Musicians in Nigeria 2024.” Kindly use the share buttons below to share this post with others on your social media. Cheers.
