Nigeria has many popular musicians that has been making the country proud both local and international. These musicians are being paid different amount to perform for a show in the country and even outside the country. Many of these musicians also have other means of income which gives the extra income apart from the money they they make from music. So in this post, we will be looking at the top 10 richest musicians in Nigeria 2024 and their current net worth just as we did when we wrote about the richest pastors in the world 2024.
Before we go into the list of the richest musicians in Nigeria 2024 and their net worth, let’s first explain some facts concerning this ranking. Please note that the ranking of the richest musicians in Nigeria is based on their Achievements since they join the entertainment industry. This simply means that if there are other things that gives money to any musician that is not published may not be considered when rating the artists.
Before we list the top 10 richest musicians in Nigeria presently, let’s first look at the richest musician in Nigeria 2024.
Richest Musician in Nigeria 2024
The richest musician in Nigeria is Burna Boy with the estimated net worth of about $90 million. Burna Boy is a Nigerian singer, songwriter, and also a Grammy Award-winning musician.
Damini Ebunoluwa Ogulu also known as Burna Boy is known for blending Afrobeat, dancehall, reggae, and pop into his music. Burna Boy gained international recognition with hits like “Ye,” “On the Low,” and “Anybody.” He has also featured some international musicians and has also been featured in many international music.
Burna Boy is currently the richest Nigerian Nigerian musician in 2024.
Now let’s look at the top 10 richest musicians in Nigeria starting from number 1 to 10.
Top 10 Richest Musicians in Nigeria 2024
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Burna Boy ($90 million)
Burna Boy is a Nigerian singer, a rapper and also a song writer. He can blend into any type of music he is featured in and that made him exceptional. He is number 1 on the list of the richest musicians in Nigeria 2024 with an estimated net worth of $90 million.
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Wizkid ($75 million)
The second richest musician in Nigeria presently is Wizkid with an estimated net worth of $75 million. Wizkid name must be mentioned when talk about the richest musicians in Nigeria. Wizkid has been to many international shows. Wizkid started music under that umbrella of Banky W before he later have his own record label. Wizkid is sometimes also referred to as Star Boy.
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Davido ($70 million)
The number 3 on our list of the richest musicians in Nigeria is Davido with an estimated net worth of $70 million. Davido is another Nigerian musician in Nigeria that must come to your mind when talking rich musicians. Before Davido ventured into music, his family has already made it to the top but it never stopped Davido from chasing his dreams. He is currently the most talked about Nigerian musician.
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Don Jazzy ($50 million)
The number 4th on the list of the richest musicians in Nigeria 2024 is Don Jazzy with an estimated net worth of $50 million. Don Jazzy is not just a musician but also a king maker in the music industry. He has been in the industry for long and is recognized as one of the richest musicians in Nigeria. Don Jazzy is the CEO and founder of Mavins Record.
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Olamide ($45 million)
The number 5th on our list is Olamide with an estimated net worth of $45 million. Olamide has the same features like Don Jazzy. He is more like a king maker as many musicians came to light through him and that alone can give him millions of $ as he will also have some percentages in every shows and their albums selling. Olamide is the founder of YBNL (Yahoo Boy no Laptop) records.
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P-Square ($31 million)
The next in our list is the Okoye brothers. Peter and Paul popularly known as Psqure is currently the number 6th on the list of the richest musicians in Nigeria 2024 with an estimated net worth of $31. They have won several awards and has participated in both local and international shows.
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Mr. Eazi ($30 million)
Mr Eazi is a Nigerian singer, songwriter. He is mastermind behind the popular “Banku Music”. I know that many may not be expecting to see Mr Eazi on this list but the truth of the matter is that Mr Eazi has been killing shows international and that alone is generating more revenue for the Nigerian singer. He is currently the number 7 on our list of the richest musicians in Nigeria 2024 with an estimated net worth of $30 million.
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Timaya ($30 million)
Timaya is another Nigerian musician who made the list of the richest musicians in Nigeria 2024. Timaya who is mostly referred to as Egberi Papa one of Bayelsa has been in the game of music for the past few years. He is the soul behind Dem Mama records. Timaya has secured awards both national and international. He is currently number 8 richest musician in Nigeria with an estimated net worth of $30 million.
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Flavor ($25 million)
Flavor Nabania who is sometimes referred to as Ijele Africa is another musician in Nigeria that has been making it in the music industry for some years now. Flavor has featured many international musicians and has also secured many international deals. He is not just a musician but also a producer. Flavor Nabania is currently number 9th richest musician in Nigeria 2024.
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Phyno ($20 million)
With an estimated net worth of $20 million, Phyno comes at number 10 of the richest musicians in Nigeria 2024. Phyno who always call himself “the king from the East is another international artist that has been making Nigeria proud. Phyno does not only have good music but he has also made it big in the music industry with many deals both national and international. Phyno is the last on our list of the richest musicians in Nigeria and their net worth.
Please note that the net worth of each music musician mentioned above may not be the accurate net worth but an approximated net worth.
If your favorite artist is not on our list of the richest musicians in Nigeria, it doesn’t mean that the musician is not rich just that the ones mentioned are richer that him according to details and achievements.