The 2024 List Of Nigeria's Richest Musicians.

The music industry in Nigeria has seen exponential growth over the last decade, with artists amassing significant wealth and global recognition. As of 2024, the richest musicians in Nigeria have not only dominated the local charts but have also made their mark on the international stage. This article delves into the lives and careers of the top 20 wealthiest musicians in Nigeria, highlighting their net worth, sources of income, and contributions to the music industry.

In a country known for its vibrant culture and diverse musical genres, these artists represent the pinnacle of success. Their influences span across Afrobeat, hip-hop, and pop, captivating audiences both locally and globally. With the rise of digital streaming platforms and social media, musicians have found new avenues for revenue, making it essential to explore their financial standings in 2024.

This comprehensive list not only showcases the wealth of these artists but also emphasizes their entrepreneurial spirit, philanthropic efforts, and impact on the Nigerian music scene. Join us as we uncover the top 20 richest musicians in Nigeria for the year 2024.

1. Wizkid
2. Davido
3. Burna Boy
4. Don Jazzy
5. Phyno
6. Olamide
7. Tiwa Savage
8. Mr Eazi
9. 2Baba (Tuface Idibia)
10. Yemi Alade
11. P-Square
12. Rude Boy
13. Adekunle Gold
14. Simi
15. Kizz Daniel
16. Nasty C
17. Ice Prince
18. Zlatan Ibile
19. D’banj
20. Waje

1. Wizkid

Wizkid, born Ayodeji Ibrahim Balogun, is one of the most successful and influential artists in Nigeria. With a net worth estimated at $30 million in 2024, he has made a significant impact on the global music scene. Wizkid's career skyrocketed with hits like "Ojuelegba" and collaborations with international artists such as Drake and Beyoncé. His income sources include music sales, concert tours, and brand endorsements.

2. Davido

Davido, whose real name is David Adedeji Adeleke, is another powerhouse in the Nigerian music industry. As of 2024, his net worth is approximately $28 million. Davido's music blends Afrobeat and pop, and he is known for his energetic performances. His income streams include music sales, touring, a successful record label, and various endorsement deals.

3. Burna Boy

With a net worth of $25 million, Burna Boy has gained international acclaim for his unique sound that fuses Afrobeat, reggae, and dancehall. His album "Twice as Tall" won a Grammy Award, further solidifying his place in the music industry. Burna Boy's earnings come from music sales, concerts, and lucrative brand partnerships.

4. Don Jazzy

Don Jazzy, born Michael Collins Ajereh, is not only a talented music producer but also a successful entrepreneur. His net worth is estimated at $22 million in 2024. As the founder of Mavin Records, he has nurtured numerous artists in the Nigerian music scene. Don Jazzy's wealth comes from music production, artist management, and endorsements.

5. Phyno

Phyno, known for his unique rap style that incorporates Igbo language, has a net worth of $20 million as of 2024. His albums and collaborations have garnered him a loyal fan base. Phyno's income sources include music sales, concerts, and endorsements from various brands.

6. Olamide

As one of the pioneers of street music in Nigeria, Olamide has built a successful career with a net worth of $18 million. His energetic performances and relatable lyrics have earned him a massive following. Olamide's income comes from music sales, tours, and his record label, YBNL.

7. Tiwa Savage

Tiwa Savage is a prominent figure in the Nigerian music industry, known for her powerful vocals and stage presence. With a net worth of $16 million, she has released numerous hit songs and collaborated with international artists. Tiwa's income sources include music sales, concerts, and brand endorsements.

8. Mr Eazi

Mr Eazi, born Oluwatosin Ajibade, has made a name for himself with his unique blend of Afrobeat and hip-hop. His net worth is estimated at $14 million in 2024. Mr Eazi's earnings come from music sales, tours, and his contributions to the fintech industry.

9. 2Baba (Tuface Idibia)

2Baba, one of Nigeria's most legendary musicians, has a net worth of $12 million. His career spans over two decades, and he is known for his hit songs and philanthropic efforts. 2Baba's income sources include music sales, concerts, and brand endorsements.

10. Yemi Alade

Yemi Alade, known for her vibrant music and strong stage presence, has a net worth of $10 million in 2024. She gained international recognition with her hit song "Johnny." Yemi's income comes from music sales, tours, and brand endorsements.

11. P-Square

P-Square, the twin duo Peter and Paul Okoye, have a combined net worth of $9 million. They are known for their harmonized vocals and dance moves. Their income sources include music sales, concerts, and endorsements.

12. Rude Boy

Rude Boy, formerly part of P-Square, has established a successful solo career with a net worth of $8 million. His hit songs and performances continue to captivate audiences. Rude Boy's income comes from music sales and concerts.

13. Adekunle Gold

Adekunle Gold, known for his unique sound and style, has a net worth of $7 million as of 2024. His music blends Afrobeat with various genres, and he is known for his storytelling lyrics. Adekunle's income sources include music sales and concerts.

14. Simi

Simi, a talented vocalist and songwriter, has a net worth of $6 million. She gained fame with her hit songs and collaborations. Simi's income comes from music sales and concerts.

15. Kizz Daniel

Kizz Daniel, known for his catchy tunes and danceable rhythms, has a net worth of $5 million. His music has gained popularity both locally and internationally. Kizz's income sources include music sales and concerts.

16. Nasty C

Nasty C, a South African rapper, has gained recognition in Nigeria with his unique style. His net worth is approximately $4 million. Nasty C's earnings come from music sales and tours.

17. Ice Prince

Ice Prince, known for his unique rap style, has a net worth of $3 million. He gained fame with his hit song "Oleku." Ice Prince's income sources include music sales and concerts.

18. Zlatan Ibile

Zlatan Ibile, a rising star in the Nigerian music scene, has a net worth of $2 million. His energetic performances and catchy tunes have garnered him a loyal fan base. Zlatan's income comes from music sales and concerts.