Top 5 Richest Nigerian Musicians & Artists in 2022 [updated list!!]
The Nigerian music industry is one of the fastest-growing industries in the country. It has produced amazing singers over the years. Here are Top 5 Richest Nigerian Musicians & Artists in 2022 [updated list].
Nigerian musicians and artists rank among the richest musicians/artists in Africa and the world, with many winning lots of international awards and featuring in many countries.
Music has catapulted many Nigerian artists from the life of nothing to something, from grass to grace, living luxurious lives due to their progress in the music industry.
Timaya, Wizkid, 2face, P-Square, and many others were poor from their roots, but today, thanks to their outstanding careers in the music industry, they have gained fame worldwide.
Here is the Top 5 Richest Nigerian Musicians & Artists in 2022 [updated list] currently making waves in the music industry.
1. Wizkid – Net worth of $20 Million
Wizkid is on the number one list of .Top 5 Richest Nigerian Musicians & Artists in 2022. Wizkid’s net worth is estimated at 20 million U.S. dollars.
Apart from singing, Wizkid also secured many endorsement deals with M.T.N. Nigeria and G.L.O. ( which paid him N120 million to become its ambassador).
Wizkid also increased his net worth when he secured multi-million deals with Pepsi and Guinness that brought him more money on the table.
In July 2019, the talented singer added more to his net worth after confirming a mega-deal signing for the United Bank for Africa (U.B.A.) as their brand ambassador.
Ayodeji Ibrahim Balogun, proudly known as Wizkid, is a singer and songwriter. Wizkid began his musical career at 11 in a local church near his home. Back then, he joined a local band called the Glorious Five.
Wizkid released an album at 11 in collaboration with the group Glorious Five.
Wizkid later met O.J.B. Jezreel during his struggling days, and he became his mentor. He then started visiting Jezreel’s studio, watching and learning from the recordings by artists like 2 Face Idibia and Sound Sultan.
Wizkid then joined Empire Mates Entertainment (E.M.E.) in 2009, and from there, his career in the music industry kick-started.
Ayodeji Ibrahim Balogun known as Wizkid, is the richest Nigerian musician with the net worth of $20 Million
Ayodeji Ibrahim Balogun known as Wizkid, is the richest Nigerian musician with the net worth of $20 Million
Born on the 16th of July, 1990, in Surulere, Lagos, Wizkid was the first Nigerian musician to be recognized in the Guinness Book of World Records for the most played song on Spotify.
This is due to the song he did with Drake titled “One Dance.”
He now owns Starboy Entertainment and has been waxing stronger in the music industry as the day goes by.
According to the 2020 Forbes list, Wizkid is the richest Nigerian musician, with a $20 million net worth.
#1.1 Wizkid’s car collections and houses
Wizkid has a ₦13 million mansion in Surulere, Lagos, and another one in Los Angeles. Wizkid’s car collection includes:
Lamborghini Urus (₦80 million)
Porsche Panamera (~₦50.8 million)
Used Mercedes Benz G63 AMG (₦55 million – ₦65 million)
BMW X6 crossover (₦8.7 million)
2. Davido – Net worth of $19 million
David Adeleke, prominently known as Davido, is Nigeria’s second-most affluent performer and artist. Davido’s total assets is estimated to be 19 million U.S. dollars.
Davido was brought into the world in Atlanta, United States of America, to the well off Nigerian group of Dr. Adedeji Adeleke, a prime supporter of Adeleke University in Osun State and the CEO of Pacific Holdings Limited.
Davido’s total assets is from music and support activities, for example, the $78,296 MTN underwriting bargain, Guinness Nigeria, and Infinix Mobile.
Davido total assets and abundance is additionally impacted decidedly by his YouTube channel, which has drawn in more than 663 million perspectives since it was made.
Prior to ‘Dami Duro’, which reported Davido to the world, Davido delivered his most memorable single, ‘Back When’, highlighting Naeto C, albeit the tune didn’t drift a lot.
On October 30, 2011, Davido delivered “Dami Duro”. He co-created the single with Shizzi, which Clarence shot in Lagos.
The melody Dami Duro accompanied a fabulous video in Jan. 2012, and it turned into all the rage with an incessant play by the media.
David Adeleke is the second most extravagant Nigerian artist in 2020, after Wizkid.
On July 17, 2012, Davido delivered his introduction studio collection, Omo Baba Olowo (Child of a Wealthy Person) under HKN Music Record Label. The melody was similarly a hit as it acquired him more fans.
From that point forward, he has delivered incalculable singles, which have brought him prevalence, cash, and global acknowledgment.
Davido was the OBO chief maker and worked with different makers like Jay Sleek, Spellz, Maleek Berry, and others. It included well known performers like Sina Rambo, Ice Prince, Kay Switch, B-Red, 2Face, and Naeto C. Davido’s vehicles and houses
Davido has two chateaus in Lekki, Lagos, and an escape house in Georgia, USA. Davido’s vehicle assortment is stunning with:
Rolls Royce Cullinan 2019 (₦350 million)
Bentley Bentayga (₦108 million)
Bentley Continental GT (₦95 million)
Porsche Panamera Turbo S (₦22.8 million)
Range Rover Sports (₦84 million – ₦90 million)
Range Rover SV Autobiography (₦98 million)
Chevrolet Camaro GS (₦9.4 million)
Audi R8 (₦23.4 million)
Audi Q7 (₦12 million)
Mercedes-AMG GLS63 (₦45 million)
Mercedes G-Wagon (₦21 million)
Toyota Land Cruiser (₦30 million), and different vehicles like a Porsche, Range Rover Sport, and Chevrolet Camaro.
Making him no 2 on the list of Top 5 Richest Nigerian Musicians & Artists in 2022.
3. Don Jazzy – Net worth of $18.5 million
Collins Michael Ajereh, known as Don Jazzy, is the third most affluent Nigerian performer in the music scene and No3 on the list of the Top 5 Richest Nigerian Musicians & Artists in 2022. Don Jazzy is from Umuahia in Abia State and was brought into the world on the 26th of November, 1982.
Don Jazzy’s total assets is estimated to be more than $18 million. Don Jazzy is both a music maker, business visionary, and performer.
Don Jazzy is known for his exceptional music creation. His diligent effort, consolidated with his determined capacity, immediately made great business connections for him both in Nigeria and across the boundary.
Don Jazzy began his music vocation, working with D’banj to make different hit tracks as Mo’hits record prior to heading out in a different direction in 2012. After which, he made the new record label, Mavin Records.
Don Jazzy has successfully prepared and laid out a few geniuses like Wande Coal, D’Prince, Tiwa Savage, Reekado Banks and some more.
Beside singing and creating, he likewise has beneficial agreements with MTN and Loya Milk.
His vocation has brought him grants as a top music maker. In spite of his age, Don Jazzy isn’t hitched; he centers around making more brilliant music and bringing more stars up in the Nigerian music industry.
Don Jazzy’s homes and vehicles
Don Jazzy has 3 houses, one at Lekki, one in Banana Island, Lagos, and one more in Los Angeles, USA. He additionally rides intriguing vehicles, including:
Porsche 911 Carrera (~₦42 million)
Bentley Continental (~₦25 million)
Cadillac Escalade (~₦27.2 million)
Utilized Mercedes Benz E350 (~₦20 million)
4. Burna Boy – Net worth of $17 million
Burna Boy, whose genuine name is Damini Ebunoluwa Ogulu, is a Nigerian vocalist, lyricist, rapper, and artist. Burna Boy is an indigene of Mbiama in Ahoda West LGA of Rivers State.
Burna Boy is the fourth most affluent Nigerian performer and artist in 2020 and also on of the Top 5 Richest Nigerian Musicians & Artists in 2022. Burna Boy’s total assets is $17 million.
Burna was brought into the world in Rivers, Port Harcourt before his folks moved from Port Harcourt to Lagos.
His folks’ migration to Lagos was potentially the best move for Burna’s music vocation, as the most conspicuous names and best assets are domiciled in Lagos.
Burna Boy became well known in the music business in 2012, subsequent to delivering his hit single ‘Like to Party’ from his presentation collection L.I.F.E. Although the album was debuted on the 13th of August 2013 by Aristokrat Records, five singles were delivered in 2012.
They sold 40,000 duplicates of L.I.F.E. on the main day of its delivery and sold its promoting privileges to Uba Pacific for 10 million Naira. Leriq created the collection. Different artists highlighted are 2face, M.I, Reminisce, Wizkid, Timaya, and Olamide.
Burna Boy left Aristokrat records in 2014, and in 2015, he laid out his own record label, Spaceship Entertainment. He debuted his subsequent collection, “On a Spaceship,” on the 25th of November 2015.
His music vocation has been a super achievement, with the young fellow causing worldwide disturbances and is at present Nigeria’s most sizzling global music trade.
As of now, he is a brand representative for Globacom, Nigerian Breweries Plc, and Mortell Cognac.
Burna Boy’s vehicles and houses
Burna Boy is an extraordinary vehicle sweetheart. As per the honor winning artist, he purchased his most memorable vehicle at 17. It was a Range Rover.
Mercedes-Benz G Wagon.
2013 Ferrari 458 Italia
Rolls Royce Down Convertible
5. 2Baba (2Face) – Net Worth of $16 million
2Face was brought into the world on the 18th of September 1975 in Jos, Nigeria. His name is Innocent Ujah Idibia. 2Face is an indigene of Benue State despite the fact that he was brought into the world in Jos, Plateau State.
2Face is the fifth most affluent performer in Nigeria and one of the Top 5 Richest Nigerian Musicians & Artists in 2022, with a total assets of $16 million.
2Face, otherwise called 2Baba, rose from nothing to something and afterward became one of the most amazing Afropop artists in Africa.
2face began with a gathering called Plantashun Boiz and, sooner or later, went it alone. His music profession has kept on thriving constantly.
Tu Face got a top signing for Kennis Music right off the bat in his profession, with whom he delivered the main collection, “African Queen.”
The collection “African Queen” sent him into the spotlight in 2004, and he has stayed in his prime from that point onward, with each tune turning into a significant hit.
2face has won grants like the Headies, MTV Music Awards, and BET Awards.
Tuface’s sumptuous loft and vehicles
2Face has procured a seriously decent measure of affluence, going from vehicles to houses, however he gets a kick out of the chance to keep his life exceptionally hidden.
Tuface owns two houses in Lagos and unwinding lounges at Lagos Island, Festac, Ikeja, and a rich condo in the US.
2baba isn’t extremely open about his assortment of vehicles, yet here are the vehicles that were discovered being driven by 2Face:
Chevrolet Corvette Coupe (~₦45million)
Ferrari Coupe (₦57 million – ₦80 million)
Utilized Toyota Land Cruiser Prado (₦30 million – ₦52 million). Top 5 Richest Nigerian Musicians & Artists in 2022.