The music industry in Nigeria is one of the lively sectors of the Nigerian economy. Nigerian artists have done well to raise the country’s rep to a stage we otherwise would not have been able to reach.
This article shows a list of the richest Nigerian male artists and their estimated net worth. The values of their net worth is derived from gig fees, endorsements, cumulative wealth and investments that have been made into them.
David Adedeji Adeleke popularly known as Davido was born in Atlanta, Georgia on the 21st of November, 1992. He is a singer, songwriter, and record producer in specifically Afropop and Afrobeat genre of music. He attended British International School in Lagos and then studied Business Administration in Oakwood University, Huntsville, Alabama in the United States.
Davido has made more money than any other Nigerian male music artist and has the most hit songs in the past year, and, received a BET Award. From that time even to this moment, the popular artist has been on tour around the globe doing the “30 Billion Tour” concerts that sell out at every show.
Davido’s net worth is estimated to be about 9 billion Naira making him the richest music artiste in the country.
Ayodeji Ibrahim Balogun, popularly known as Wizkid or Star boy is a songwriter, singer and performer who was born on the 16th of July, 1990. He started to record music at 11 and released an album with the Glorious Five, a group of he and his friends from church. Later, he was signed by Banky W’s Empire Mates Entertainment (EME) under whom he released popular song “Holla at Your Boy”.
Wizkid has secured a Grammy Award nomination, topped the Billboard Hot 100 Music Chart, and has performed in a lot of international music events. His genre of music includes Afropop, Afrobeat, reggae, dancehall, hip hop and pop.
Wizkid is the next in line to Davido with an estimated net worth of 8 billion Naira and is the second richest Nigerian male artiste.
Michael Ajereh Collins popularly known as Don Jazzy is a Nigerian singer, songwriter, record producer, and entrepreneur who was born on the 26th of November, 1982 in Umuahia, Abia State. He attended Federal Government College Lagos and studied Business Management of Ambrose Alli University, Ekpoma, Edo State. His songs are in the genres POP, R&B, Afro Pop, and African hip hop.
Don Jazzy co-founded Mo’ Hits Records in 2004 along with D’banj and when the record label became inactive, he began and is the current CEO of Mavin Records. At Mavin Records, he signed a lot of artistes such as Tiwa Savage, Reekado Bankz, Korede Bello, Dija, and Dr. SID from Mo’ Hits Records.
With an estimated net worth of 7.5 billion Naira, Don Jazzy is the third ranking richest musician in Nigeria.
Oladapo Daniel Oyebanjo known commonly by his stage name D’banj is a musician, singer-songwriter, entrepreneur, and television personality born on the 9th of June 1980 in Zaria, Kaduna State. His genre of music includes pop, R&B, and Afropop and he plays the harmonica.
D’banj has won a lot of music awards including the award for Best African Act at the MTV Europe Music Awards 2007, Artist of the Year at the MTV Africa Music Awards 2009, Best International Act: Africa at the 2011 BET Awards, Best-selling African Artist at the 2014 World Music Awards, and Evolution award at the 2015 MTV Africa Music Awards.
D’banj ranks as the fourth richest Nigerian music male artist with an estimated net worth of 6 billion Naira.
Innocent Ujah Idibia more commonly known by his stage name 2Baba is a singer, songwriter, record producer and entrepreneur born on the 18th of September, 1975 in Jos, Plateau State. He was formerly known as 2face Idibia but that changed in July, 2014. His genre of music includes R&B, hip hop, reggae, and gospel.
He used to be part of the Plantashun Boiz – a group he formed with Chibuzor Orji (popularly known as Faze) and rapper Ahmedu Augustine Obiabo (popularly known as BlackFace). Plantashun Boiz disbanded in 2004 and each of them took off to perform as solo artists after which 2Baba released his first solo album title Face 2 Face that same year. From then on, his career grew and he got married in 2012 to Anne Macaulay.
2Baba is the 5th richest male music artiste in Nigeria with an estimated net worth of 5.9 billion Naira.