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10 Richest Nigerian Artists And Their Net Worth 2020

The Nigeria Music scene started booming in the early 2000, before then the biggest songs in the country we’re foreign songs but in the early 2000 when we had the likes 9ice, Dbanj, 2baba, Don Jazzy, The music became very much accepted and Nigerian artists began to charge high for shows an endorsement.

As at Late 90s to 2003 the Normal booking for the biggest artists in the country was around N30k, but when the local content was accepted they started charging as high as 500k for local shows and now we currently have artists who charge as much as 10 – 20 million.
Currently our music Industry is the biggest in Africa and we have the biggest stars here, making all African artists like Akon, Diamond Platnumz, Sarkodie, Harmonize, AKA Etc to run to Lagos.
But some legendaries paid the price for this industry to be this big, I will be mentioning few of them here.
I call them legendaries because of the price they have paid even when there was no money is the industry (Fela who is one of the biggest inspiration for all upcoming artists, Majek Fashek, Daddy Showkey, Baba Fryo, Afrikan Shina, Danfo Driver, Paul Runz, Foster Zino, Nelson Brown, Kennies Music, The Remedies, Plantashum Boiz, ETC.

So let’s get down to the business, The top 10 Richest artists in Nigeria 2020 And Their Net Worth

1. Don Jazzy Net Worth $50M
Don Jazzy is a record Producer and the CEO of Mavin Records which has helped big artists in the country such as Tiwa Savage, Reekado Banks, Korede Bello, Rema, DNA, DPrince, Crayon, Dr Sid, Poe, Johnny Drille Etc.
BUT before Mavin Don Jazzy And Dbanj were the CEO and Co Founder of Mo’hit which was the biggest label as at 2008 there about, Mo’hit had talented and popular artists like Wande Coal, Dr Sid, DPrince ETC.
Don has several endorsement deals with notable brands and organizations such as Indomie and many more.

2. Davido Net Worth $45M
David Adeleke popularly known A Davido, OBO Baddest is the last son of a Billionaire business mogul Mr Adejide Adeleke. The Adeleke Family is one of the most popular and wealthiest Family in Nigeria.
Davido is the biggest Musician in Africa with the biggest back to back Singles, he made the biggest African record in America with his song FALL, Fall is also the first ever African song to hit 100M YouTube Streams and currently have 150M+ views and still counting.
Davido is the owner of DMW (Davido Music Worldwide) which currently has super stars like Mayorkun, Peruzzi, Dremo, Yonda, Freshvdm, Lil Frosh, ETC.
Davido charges as much as 10 – 15M Naira per local Performance, and he’s the first African artist to solely sell out the o2Arena London.
Davido has several endorsement deals from notable brands and organizations
like infinix and many more.

3. Wizkid Net Worth $40M.
Ayodele Balogun popularly known as wizkid (Starboy) is one of the biggest artist in Africa with back to back hits, in 2017 he had a breakthrough into the American Music scene with a record he was Featured in by Drake (One Dance) and the song one dance was the first Afro Song to break into America.
Wizkid charges as high as 8 – 10M Naira for local shows and 15 – 30M for international shows, it was said he was paid as High as 200M per Performance at the event of the prince of India. He’s also the second African artist to sell out the o2Arena London 20K Capacity.

4. 2Baba Net Worth $29M.
Innocent Ujah popularly known as 2baba or Tuface Idibia is Nigeria’s most decorated and respected artist, he was the lead singer of the Popular Music group (Plantashun Boiz) tge group was the biggest in the late 90s. The group later splited in the early 2000s and everyone went on Solo, but out of all the 3, 2baba became the most successful, he’s been a name to reckon with in the Naija Entertainment industry for over 20yrs now, he’s hit track “African Queen” was the first massive African song that made way for others to follow.
2baba is is happily married to Annie Idibia star Actress and the Lady in African Queen.
He currently owns 2 clubs in Lagos One in Festac and another in Ikeja, he owns several houses in within and outside Nigeria and other Mega businesses.
2baba has several endorsement deals from notable brands and organizations
like Oraimo and many more.

5. Olamide Net Worth $25M,
Olamide Adejide popularly know as badosneh is the king of the Naija street.
Olamide is an Enterpreneur and the CEO of YBNL.
YBNL is one of the biggest label in the country, YBNL has helped other artists such as Lil Kesh, Adekunle Gold, Viktoh ETC, YBNL currently has one of the Next Rated Nigerian Artist “Fireboy DML”
(WO) is his biggest song Produced by Super Star Producer Young John The Wicked Producer.
He’s the biggest street artist in the country, he charges as high as 5 – 7M Naira Per local show, and charges above 10M Naira for international show, he currently has a yearly concerts he does in Lagos which he makes over 100M per concert.
Olamide has several endorsement deals from notable brands and organizations.

6. Burnaboy Net Worth $23M.
Burnaboy hails from Rivers State Nigeria, he’s currently the biggest African artist of the year 2018 and 2019, his latest Album AFRICAN GIANT got him a Grammy nomination, and several international recognitions.
He also won the BET Award best for the international act 2019.
Burnaboy has one of the best Management in Africa, his hit YE blew up in Africa and outside the Continent.
He’s currently dating StefLondon and we are hoping they get married soon.
He charges as much as 10 – 20M Naira for local Performance.
Burnaboy lives in a multi million Naira mansion in Lekki Lagos Nigeria, and owns luxurious rides running into millions on dollars.

7. Timaya Net Worth $20M
Eberi Papa One of Bayelsa State Timaya is a Nigerian Musician and Song writer.
Timaya began he’s career late 90s and blew up in Lagos is Mid 2000, he’s debut track Dem Mama was the biggest song that time.
He’s has helped many super star artists such as Runtown, Patoranking and King Perrry Rose to their peak.
Timaya charges as much as 7M Naira for local Performance.
He lives in a 200 Million Naira mansion in Lekki Lagos State Nigeria, he owns several luxurious rides worth Billions of Naira.

8. Phyno Net Worth $17M
Phyno is widely Recognized as the face of the Igbo indegenous industry,
He hails from Enugu State Nigeria (042)
Phyno is also the owner of penthauz Records, his biggest hit Single Fada Fada gave him International recognition all over Africa and beyond.
Phyno charges as high as 6 Million Naira for shows.
He and Olamide don’t play more international shows because their genre is mainly indegenous (Yoruba, Igbo and Pidgin)
Phyno owns several businesses, lives in a 70 Million Naira mansion in Lekki Lagos Nigeria, and owns several rides worth million of Naira.

9. Flavour Net Worth $15M
Flavour is one of the most respected artist in Nigeria, he has made alot of hits and helped announced the Nigeria Music industry abroad, so we can call him a Legendary, he’s a legendary not only in Nigeria but all around Africa and beyond.
Flavour is the second Nigerian artists to hit a million YouTube Subscribers.
Flavour is not as hot as he was as at the beginning of this decade but he’s still doing very great.
He charges as high as 6 Million Naira for local Performances.
Flavour owns several businesses, houses and luxurious rides.

10. Rudeboy Net Worth $10M
Paul Okoye popularly known as Rudeboy is the lead vocalist of the defunct group Psquare, he and his twin brother (Peter Okoye Now Mr P) were the members of the group.
In 2017 they both decided to pursue their separate Solo career, after a long term family issue, that was not the first time the duo would call off the partnership, there was always a return but the one that happened in 2017 was the final.
Since then Rudeboy has made alot of Mega hits Like Reality, Nkem jikeke, Reason with me, Audio money, Fire Fire Etc.
His biggest solo song is reason with me which is one of the most streamed song in Africa 2019.
He charges as high as 5 Million Naira for local Performances, and he has held several successful sold out concerts in Africa and beyond.
He owns 2 Mansions in Ikoyi Lagos Nigeria, he owns several businesses, Mansions and multi million Naira Rides.

1. Don Jazzy Net Worth $50M
2. Davido Net Worth $45M
3. Wizkid Net Worth $40M
4. 2Baba Net Worth $29M
5. Olamide Net Worth $25M
6. Burnaboy Net Worth $23M
7. Timaya Net Worth $20M
8. Phyno Net Worth $17M
9. Flavour Net Worth $15M
10. Rudeboy Net Worth $10M

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