Top 10 Richest Musicians in Nigeria and Their Net Worth – (2017/18)

Top 10 Richest Musicians In Nigeria 2017 - Top 10 Richest Musicians in Nigeria and Their Net Worth - (2017/18)

Here is the accurate ranking of the top 10 richest musicians in Nigeria for the year 2017/18. 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

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 2017/18.

On what parameters was this Fabinfos list of the top 10 richest musicians in Nigeria compiled?

If you are doubting the accuracy and reliability of this list of the top 10 richest musicians in Nigeria this 2017 here is an explanation on how we came about this list.

Before we came about this list we at Fabinfos 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
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I think that settles the authecity of this ranking. Let’s now go fully into this list of the top 10 richest musicians in Nigeria for the year 2017/18. 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.

The list of the top 10 richest musicians in Nigeria 2017

10. Olamide: Net Worth — 2.1 Billion Naira

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Olamide Biography

Oladmide “Badoo” can be regarded as the most popular rap artist in Nigeria this year 2017/18. Olamide has continued to release hit songs since the start of his career and makes he his money from album sales, endorsement deals and shows. The show Olamide Live in Concert (OLIC) is one of the most attended concerts in Nigeria.

9. Banky W: Net Worth — 2.2 Billion Naira

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Banky W Biography

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. Iyanya: Net Worth — 2.5 Billion Naira

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Iyanya Biography

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 2.5 Billion naira.

7. Wizkid: Net Worth — 4 Billion Naira

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Wizkid Biography

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.

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6. Davido: Net Worth — 4.5 Billion Naira

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Davido Biography

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 6 spot on this fabinfos list of the top 20 musicians in Nigeria this 2017/18 . Davido recently signed a contract with Sony music which has helped promote his brand internationally.

5. Flavour: Net Worth — 5 Billion Naira

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Flavour Biography

Flavour is reported to currently worth above 5 billion naira. This rich Nigerian musician takes the number 5 spot on this top 20 list having made his money from album sales, endorsement deals and tours.

4. 2face Idibia: Net Worth — 9 Billion Naira

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2Face Biography

2face 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.

3. D’banj: Net Worth — 10 Billion Naira

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D’banj Biography

The kokomaster takes the third spot on this KikioTolu list of the top 20 richest musicians in Nigeria. Though he has not had an hit track of recent he is still highly regarded in the Nigeria music industry today.

2. Don Jazzy: Net Worth — 14 Billion Naira

Don Jazzy - Top 10 Richest Musicians in Nigeria and Their Net Worth - (2017/18)

Don Jazzy Biography

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.

1. P-Square: Net Worth — 25 Billion Naira

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P-Square Biography

The twin duo are correctly 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 25 billion Naira.

There you have it on this up-to-date rankings of the richest musicians in Nigeria this year 2017/18.

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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 fabinfos ranking of the top 10 richest musicians in Nigeria 2017/18, lets give you a review of the artist that made this list.

Brief List of the Top 10 Richest Musicians in Nigeria for the year 2017/18

  1. P-Square
  2. Don Jazzy
  3. D’banj
  4. 2Face
  5. Flavour
  6. Davido
  7. Wizkid
  8. Iyanya
  9. Banky W
  10. Olamide

Conclusion

There you have it on this post “Top 10 Richest Musicians in Nigeria 2017/18 and Their Net Worth.” Kindly use the share buttons below to share this post with others on your social media. Cheers.

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