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These Are The 5 Richest Musicians In Nigeria 2021 (Photos)

Richest Nigerian Musicians In 2021

In this post, we will show you the Top 5 Richest Musicians in Nigeria 2021 And Their Net Worth. Starting from 5 to count down. These guys rock the Nigerian Music industry.

Music, as we all know, has been paying heavily in Nigeria in recent time hence, an average youth in Nigeria, see music as a fast means of earning wealth, as well as, fame.

However, this is obvious, because quite a number of Nigerian artists have risen from just nothing to becoming eminent in music, and are actually enjoying riches and fame that their peers can only imagine.

That out of the way, a question has risen, as to who is the richest musician among the several Nigerian artists, and what is their net worth in terms of naira perhaps, in US dollars and assets?

Having said that, one cannot actually say he has conclusively arrived at the list of who and who are the richest musicians in Nigeria, nevertheless, I can confidently mention here that, my finding is quite pretty close to identifying who and who are richest music artists in Nigeria.

Nigerian artists on my list are musicians, who are signing endorsement deal almost on a daily basis and are known by their strong brands.

Nonetheless, most of the Nigerian artists never make public their exact worths in this regard hence, make it little difficult to compile correctly.

However, for those of us who wish to have an idea of the richest Nigerian musician, then the top 5 I will give in this article, will give us the cue.

Top 5 Richest Musicians In Nigeria 2021

Here are the top 5 list of the richest Nigerian musicians in 2021.


Richest Musicians In Nigeria 2021

Innocent Ujah Idibia popularly known as 2Baba or 2Face is a Nigerian songwriter and singer who has carved a niche for himself as a super talented artiste. He was born on the 18th of September 1975 in Jos. He has been around the music industry for quite some time but rose to fame with his hit single” African Queen” which won him many awards.

He is the founder of Hypertech Media and a successful musician to look at for. He is estimated to be worth $10 million according to Forbes and has lot of endorsement deals with brands like Partner mobile, Campari, Glo, etc.

2. Burna Boy 

Richest Musicians In Nigeria 2021

Grammy award winner Burna Boy whose real names are Damilola Ebunoluwa Ogulu is a Nigerian songwriter and musician. He came to limelight with his hit single “Like to party” which was released in 2012.

He hit the international scene when he was signed to Bad habit/ Atlantic Records and Warner Music Group in 2017. He has made a name for himself both locally and internationally as Africa’s giant.

He is worth $12 million according to Forbes and said to have other investments, properties, cars and lots of endorsement deals.

3.Don Jazzy 

Richest Nigerian Musicians In 2021

Collins Michael Ajereh, known as Don Jazzy in the music scene, is the third richest Nigerian Musician in 2021. Don Jazzy is an indigene of Umuahia in Abia State. His birth date is the 26th of November, 1982.

Don Jazzy’s net worth is estimated to be over $15 million. Don Jazzy is not only a musician but he is also a music producer and an entrepreneur. This rich music start is the CEO of the Mavins Records Label.

Don Jazzy’s musical career started with his collaborations with D’banj where the duo made different hit tracks as Mo’hits. This was before they parted ways about a decade ago. It was after the separation that Don Jazzy created the Mavins Records Label.

Don Jazzy is known to have an eye for talents. Just this year, January 21, 2020, he announced the signing of a female artiste, Ayra Starr into his music fold

He is not only successful as a music producer but also as an entrepreneur. He is the co-founder of Floybt, a famous tech firm. He has won many awards and he is a brand ambassador of many brands such as MTN, Johnnie Walker, Loya milk, Samsung Mobile, etc.

Must Read: 5 Young Stars Who can Replace Wizkid As The King of Afro Beat

2. Davido

Davido is another musician that makes the list. He is a big musician both locally and internationally and he is worth $17 million according to Forbes. He rose to fame with his hit single” Damiduro” which was released in 2012.

His real names are David Adedeji Adeleke, he was born on the 21st of November 1992 in Atlanta, U.S.A. He has gained recognition as a prolific artiste and he has many awards to his credit.

He is the son of one the richest politicians in Nigeria which definitely shows that he was born into affluence. However, he is self made as his net worth is from numerous endorsement deals and not his father’s wealth.

Davido is the co-founder of HKN music and the boss of DMW. He has signed many artiste such as Peruzzi, Dremo, Lyta, Mayorkun, Idowest and Yonda to his record label. He has released 3 studio albums in his music career which includes A Good Time in 2019, Son of Mercy in 2016 and Omo Baba Olowo in 2012.

Most of his popular songs includes Blow my mind, Risky, If, Dami Duro, etc. He has worked with international musicians such as Meek Mill, Chris Brown, Popcaan, etc.

He owns many cars, houses and a private jet. He has signed many endorsement deals with brands like Sony, First Bank, MTN, Pepsi, Infinix. He has really carved a niche for himself both locally and internationally.


1. Wizkid

Wealthiest Nigerian Musicians In 2021

Wizkid who has become a household name in Nigeria, Africa & Abroad is the richest musician as of 2021. He started his music career at the tender age of 11 with a group called Glorious Five where he released his first collaborative album.

Wizkid whose real names are Ayodeji Ibrahim Balogun was born on the 16th of July 1990. He was born in Surulere, Lagos and had a tough time growing up. He rose to fame under the record label Empire Mates Entertainment (E.M.E) which was owned by Banky W.

His first single “Holla at your boy” which was released in 2010 brought him to limelight and it became part of his first studio album “Superstar” which was released in 2011. Since then he never looked back and has continued in his path to success.

In 2013, he started his own record label”Starboy” and has recorded many hit songs as well as received many awards. He is known as the biggest African artiste and the first Afrobeat artiste to be on the Guinness Book of World Records.

He has also worked with many international artists like Drake, Beyoncé, Tinny Tempah, Chris Brown, Nicky Minaj, etc. He is not only the richest musician in Nigeria but also among the richest musician in Africa.

He has signed many endorsement deals which includes Sony entertainment, Pepsi, Globacom, Dolce & Gabbana, UBA Bank, etc. He has over 230 awards to his credit.

He is reported to have fleet of cars and houses both in Nigeria & abroad and he is also said to earn $350,000 monthly from his Pepsi ambassadorial deal. With all his achievements, one can categorically say that Wizkid is a successful artiste.  He is worth over $20 million dollars

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