Here is the confirmed list of top 10 richest musician in Nigerian at the moment of 2023.
Nigeria has unending musical potential, as evidenced by their popular songs and engaging videos. By charging for each performance, receiving endorsements, and making personal investments, they have been able to flourish financially in their professions. These are Nigeria’s ten wealthiest musicians.
1. DAVIDO ($90 MILLION)
David Adedeji Adeleke is his actual name and popularly known as Davido top the list of richest musician in Nigeria in this year of 2023. He is a well-known record label CEO, singer, composer, stage performer, and recording artist from Nigeria. He was born in Atlanta, Georgia on November 21, 1992, in the United States. Davido earned a music bachelor’s degree from Babcock University in Ogun State in 2015. He presently serves as CEO of Davido Music World Wide.
2. WIZKID ($70 MILLION)
Wizkid is ranked second on the list of the top ten richest musicians in Nigeria. He goes by the name Ayodeji Ibrahim Balogun. He is a well-known singer, songwriter, musician, performer on stage, model, and owner of a record label from Nigeria. He was born on July 16, 1990 in Lagos. At the age of 11, Wizkid began pursuing his music career while still in school. He was accepted in 2009 and afterwards left Lagos State University. Later, his parents sent him to Lead City University in Ibadan, but he later dropped out to devote himself entirely to his musical profession. He presently serves as Star Boy Records’ CEO.
3. DON JAZZY ($55 MILLION)
Don Jazzy is third on the list for richest Nigerian musician in 2023. Michael Collins Ajereh is his real name. He is a well-known musical artist, stage performer, record producer, investor, and label executive from Nigeria. He was born on November 26, 1982, in Umuahia, Abia State. Don Jazzy started learning to play the bass guitar, drums, and other traditional instruments when he was 12 years old. Don Jazzy attended Ambrose Ali
University Ekpoma in Edo State after finishing his elementary education, where he earned a Bachelor of Business Management degree. He presently serves as CEO of Mavin Records.
4. BURNA BOY ($40 MILLION)
Burna Boy ranks fourth on our list for top 10 Richest Musician In Nigerian. Damini Ogulu is his actual name. He is a well-known Nigerian Afrobeat and reggae-dancehall performer, singer, songwriter, and recording artist. He was born on July 2, 1991, In Port Harcourt, Rivers State. When he was barely 10 years old, he started writing songs. In 2010, Burna Boy began performing professionally. He was named Best Pop Artist of the Year in 2015 at
The Headies and Europe Music Awards.
5. TIMAYA ($35 MILLION)
Enitimi Alfred Odom is the real name of Timaya. He was born in Port Harcourt, Rivers State, on the 15th of August, 1980. He began making music in 2005, and he currently founded Dem Mama Records. Timaya became well-known following the release of his number-one single, “Dem Mama,” which was also included on his first studio album. After the release of his number-one single “Real Story” in 2006, Timaya gained fame.
6. D’BANJ ($30 MILLION)
Oladapo Daniel Oyebanjo is his real name. He is well-known in Nigeria as a musician, songwriter, performer on stage, actor, investor, and entrepreneur. He is well-known as the “Koko Master” throughout the world. He was born on June 9th, 1980 in Kaduna. He is a native of Ogun State. D’banj attended Oxford University in London, England where he earned a Bachelor of Science in Mechanical Engineering there.
7. 2FACE IDIBIA 2Baba ($27 MILLION)
Innocent Ujah Idibia 2face aka 2Baba is his actual name. He was born on September 18, 1975, in Jos, Plateau State but originally hails from Benue state. He is a well-known Nigerian R&B singer, composer, stage performer, recording artist, and entrepreneur. 2Face Idibia earned an OND in Business Administration Management from the Institute of Management and Technology (IMT) in Enugu.
8. FLAVOUR ($23 MILLION)
Number 8 of our top 10 Richest Musician In Nigerian is Chinedu Okoli aka Flavour. He is a famous Nigerian highlife/Afro pop singer, songwriter, guitarist, recording artiste, stage performer and an instrumentalist. Flavour was born on 23rd November 1983 in Achara Layout, Enugu State but originally from Anambra State. He attended Robinson Primary School in Uwani and Uwkunanaw Boys Secondary School in Achara Layout, both in Enugu State.
9. OLAMIDE ($21 MILLION)
Olamide is a well-known Nigerian rapper, singer, songwriter, recording artist, and head of a record company. On March 15, 1989, he was born in Bariga, Lagos State. He mainly sings and raps in Yoruba. He made the decision to pursue a musical career in 2000 and presently serves as the YBNL Nation Record Label’s Chief Executive Officer (CEO).
10. PHYNO ($20 MILLION)
Azubuike Chibuzor Nelson is Phyno’s actual name is also one of the richest musician in Nigeria. He is a well-known Nigerian rapper, record producer, songwriter, vocalist, and executive of a record company. He was born on October 9th, 1986 in Abakpa-Nike, Enugu State but hails from Anambra State. Phyno dedicated all of his high school time to music, studying the piano and drums.