1. Don Jazzy
Don Jazzy is the founder of the defunct Mo’ Hits as well as Mavin Records. He is arguably the richest producer in the country.
He has several endorsements. For example, he’s a brand ambassador of Samsung Mobile. He also has a mega endorsement with Johnnie Walker which runs into millions of naira.
Currently, Don Jazzy is worth an estimated $100 million.
Popularly called the Kokomaster or D’Banj, Oladapo Daniel Oyebanjo is one of the most popular and richest entertainers in the country.
At the peak of his career, D’banj enjoyed massive success with hit singles like Tongolo, Fall in love and Oliver Twist.
However, his popularity seemed to dip when he broke up with his long time friend and producer, Don Jazzy and left for the United States to join Kanye West’s G.O.O.D Music record label.
Currently, D’Banj has endorsement deals with Ciroc and SLOT and he’s said to be worth an estimated $6 million dollars. And outside music, D’Banj has a number of investments which include manufacturing and hi-end tech services.
2Face is a music legend. His roots as a musician can be traced to the defunct Plantashun Boiz which he formed along with his friends, Face and Black Face.
The musician was born in Jos although he hails from the Idoma tribe of Benue State.
His most popular song to date was from his debut album. The song, ‘African Queen’ won him several awards in Nigeria and beyond.
Some of the awards include MTV Europe Music Award, World Music Award, Channel O Music Video Award, BET Award, MOBO Award and KORA Award.
2Face has grown to become one of the most successful entertainers and his networth seems to tell a part of the story.
Currently, 2Face Idibia is worth an estimated $5.8 million and he has some mega endorsement deals with Glo, Campari and Partner Mobile. Also, he was the first ambassador of the Italian liquerr brand, Campari.
2face is also a philanthropist. He is the founder of the NGO, 2Face Idibia Reach-Out Foundation. The motto of the foundation is service to humanity.
2Face is married to Annie Idibia. They got married in May 2012. However, the musician has 7 children from 4 different women including Annie.
Olamide Adedeji popularly called Olamide Badoo is one of the richest musicians in the country with a networth of over $12 million.
His song, ‘Wo’ recently broke the record of being the fastest Nigerian video to reach 1 million views on YouTube. This feat was achieved in 6 days.
Chinedu Okoli also known as Flavour N’abania is another entertainment super star that has amassed a lot of wealth through music.
He began his music career as a drummer at his local church and has since grown to become one of the most popular entertainers in the country.
6. Banky W
Born in 1981 in the United States, Banky W is a popular entertainer with an estimated net worth $9 million.
His real names are Bankole Wellington and he’s also known as Mr Capable. Banky began singing in the church choir at the tender age of 8. He release his first album was released in 2003 titled, “Undeniable.”
With a net worth of $5.5 million, Timaya makes our list as one of the richest musicians in the country.
The entertainer has had a very humble beginning which can be traced to the streets of Port Harcourt where he sold plantain however he held on to his dream of becoming a successful musician.
8. Yemi Alade
Yemi Alade makes our list as the richest female entertainer in the country with an estimated worth of $4 million dollars.
Her smash hit, Johnny currently has over 69 million views on YouTube. Her other hit songs include Knack am, NaGode, Heart robber, Charlie and Single and searching
She has secured endorsement deals with the likes of Close-Up and Nairabox. She also bagged a multi-million naira deal with Gandour, an international cosmetic company and she’s the face of one of the products, ABC Relaxer which is one of the most popular hair relaxing brands in the country.
Yemi Alade charges N2 to 2.5 million per show.
M.I is currently worth $3.9 million which makes one of the most successful and richest rappers in Nigeria.
M.I has certainly done a lot to bring musicians from Northern Nigeria to the entertainment scene especially from Jos where he used to reside.
Iyanya partook in the Project Fame West Africa in 2008 where he emerged winner. His career has since grown in leaps and bounds since that event.