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Top 10 Richest Musicians in Nigeria 2018 plus their net worths [Forbes Latest Ranking]

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We are set to give you the recently updated list of the top 10 richest musicians in Nigeria for the year 2018 and their accurate Forbes Net Worth. This list is to set the records straight and end arguments by so many people on which Nigerian musician is richer than the other this year 2018. In a bid to give you accurate and up-to-date richest rankings of musicians in Nigeria, we at Leofirms.com are going to be updating this post from time to time.

In recent years top musicians have sprung up in the Nigerian music industry, we have seen new styles of music, new dance steps, new sounds originating and we have even witness unknown artists rising to the very peak all in a jiffy. All this have been made possible due to the good condition of the Nigerian music industry as people are given the opportunity to express their style freely.

Another notable improvement now is the status of Nigerian musicians as they are now seen as a profession with singers making decent cash at the end of each month.

On what parameters was this list of the 2018 top 10 richest musicians in Nigeria compiled?

I know you might be doubting the accuracy of this list of the top 10 richest musicians in Nigeria this 2018, but I must assure you that we have done a careful and bias free research to come up with this 2018 listing. We at Leofirms.com used the basic set parameters to decide those who made this top twenty list.

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It is also going to be important for you to know that unlike the advanced nations in the world it would be difficult for anyone actually know the net worth of a musician in Nigeria. The following parameters were used by us to arrive at this list;

• Media reports
• Sales on iTunes
• Income from shows and tours
• Endorsement deals
• Artist having his/her own label or signed to a label

Lets now go fully into this list of the top 10 richest musicians in Nigeria for the year 2018. In a bid to bring you better information we are not only going to give you the list but also going to include the net worth and short bio of each of the singers on this list.

10. Olamide: 2018 Biography and Net Worth — 2.1 Billion Naira

Oladmide “Badoo” can be regarded as the most popular rap artist in Nigeria this year 2018. Olamide has continued to release hit songs since the start of his career and makes he his money from album sales, endorsement deals and shows.

9. Banky W: 2018 Biography and Net Worth — 2.2 Billion Naira

Olubankole Wellington who is popularly known by his stage name Banky W. This musician is highly talented as he is not only know for his music but also his role in the Nigerian movie industry (He starred in the Wedding Party). Banky W is the CEO of EME records under which top musicians like Wizkid and Skales were produced.

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8. Iyanya: Biography and Net Worth — 2.5 Billion Naira

The Kukere coroner recently signed a contract with top Nigerian record label, Mavin Records. Iyanya has been consistent in the Nigerian music industry since he won the 2008 MTN project fame. He is reported to worth about 2.5 Billion naira.

7. Wizkid: 2018 Biography and Net Worth — 4 Billion Naira

Wizkid broke into the Nigerian music industry with his hit single, Holla at your boi. He has since kept the momentum and gone on to release other hit tracks. He was featured last year by Drake on the track One Dance which was a worldwide hit and No. 1 on billboard.

6. Davido: 2018 Biography and Net Worth —

Davido stormed the Nigerian music industry with his hit track, Ema Da Mi duro. He is the son of a Nigerian billioniare and as also done well for himself as he takes the number 6 spot on this Leofirms list of the top 10 musicians in Nigeria this 2018. Davido recently signed a contract with Sony music which has helped promote his brand internationally.

5. Flavour: 2018 Biography and Net Worth — 5 Billion Naira

Flavour is reported to currently worth above 5 billion naira. This rich Nigerian musician takes the number 5 spot on this top 10 list having made his money from album sales, endorsement deals and tours.

4. 2face Idibia: 2018 Biography and Net Worth —

2face has won several awards during his music career and he is one of the few veteran artist who still remains relevant in this industry today. 2Face is known for his breakthrough track, African Queen, which helped place him on the Nigerian music industry map.

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3. D’banj: 2018 Biography and Net Worth — 10 Billion Naira

The kokomaster takes the third spot on this Fabinfos list of the top 10 richest musicians in Nigeria. Though he has not had an hit track of recent he is still highly regarded in the Nigeria music industry today.

2. Don Jazzy: 2018 Biography and Net Worth — 14 Billion Naira

Don Jazzy is one of the best music producers in Nigeria and even arguable Africa at the moment. Since he began his career Don Jazzy has continued to produce good music consistently.

1. P-Square: Biography and Net Worth — 25 Billion Naira

The twin duo are correctly the richest musicians in Nigeria at the moment. Peter and Paul take the number one spot of this list having amassed a lot of wealth over their decorated career, they are reported to worth over 25 billion Naira.

Let’s give you the list in a brief.

List of the top 10 richest musicians in Nigeria 2018

  1. P-Square
  2. Don Jazzy
  3. D’banj
  4. 2face
  5. Flavour
  6. Davido
  7. Wizkid
  8. Iyanya
  9. Banky W
  10. Olamide

There you have it on this post “Top 10 Richest Musicians in Nigeria 2018 plus their net worths [Forbes Latest Ranking].” I hope you found this piece helpful. Always visit www.Leofirms.com for more.

Updated: January 7, 2018 — 8:23 am

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