Have you ever wondered who the Richest Artist in Nigeria is? Well, I have, and I would like to know which musician has this crown. Fortunately for you, in this article, I will be sharing with you some of the richest artists in Nigeria and what their net worths are.
Frankly speaking, Nigeria’s music industry is fast growing, and a lot of musicians are making it to the top. So, if you want to know the richest artists in Nigeria according to their net worth, check it out below.
Richest Artist In Nigeria
Here are some of the richest artists or musicians in Nigeria in 2023 and their net worth values:
| Rank | Artist | Net Worth |
| 1 | Don Jazzy | $52 million |
| 2 | PSquare | $37.26 million |
| 3 | Davido | $27.6 million |
| 4 | Wizkid | $26 million |
| 5 | Burna Boy | $16 million |
| 6 | 2Baba | $10.2 million |
| 7 | Olamide | $10 million |
| 8 | Timaya | $9.8 million |
| 9 | Phyno | $6.7 million |
| 10 | Yemi Alade | $5 million |
Don Jazzy Amongst Richest Artist In Nigeria With $52 million
Coming in first is Don Jazzy. He will be one of the richest musicians in Nigeria in 2023, as he has carved a way into the music industry over the past three decades. He also founded Mo-Hits with Dbanj. However, they split up eventually, but he didn’t stop there. So Don Jazzy founded Mavin Records.
PSquare Amongst Richest Artist In Nigeria With $37.26 million
The second runners are the twins known as PSquare. Furthermore, they are the second richest artists in Nigeria, with a net worth of $37.26 million.
Davido Amongst Richest Artist In Nigeria With $27.6 million
Davido is one of the most popular musicians in Nigeria and is loved by many. His net worth is $27.6 million, making him the third-richest artist in Nigeria in 2023. Davido is also the son of a Nigerian politician Chief Adeleke.
Wizkid: $26 million
Another Nigerian artist who earned his place on this list is Wizkid. He was also the first Nigerian to sell out the 02 Arena in London. His net worth is $26 million, making him the fourth richest artist in Nigeria.
Burna Boy: $16 million
With a net worth of $16 million, Burna Boy is making his way onto the list as the fifth richest artist in Nigeria. He was also the first Nigerian to get multiple Grammy nominations and is the second-most streamed artist after Nigerian artist Rema.
2Baba: $10.2 million
Baba is a legendary African artist and is coming in sixth on the list of richest artists in Nigeria. He is also a superstar and has a net worth of $10.2 million.
Olamide: $10 million
Olamide will be the seventh-richest artist in 2023. What’s more, he is quite famous for his street hip-hop genres and Yoruba rap.
Timaya: $9.8 million
Timaya is number 8 on the ranking of the richest musicians in Nigeria. He was born on August 15, 1980, and has become the greatest artist in Nigeria today.
Phyno: $6.7 million
This native Igbo rapper will be number 9 on the list of the richest artists in Nigeria in 2023. Apart from music, Phyno also immerses himself in movie acting and endorsement partnerships. He has a net worth of $6.7 million.
Yemi Alade, $5 million
With a net worth of $5 million, Yemi Alade is the tenth richest artist in Nigeria. She also has endorsement agreements with big brands like Close-Up, Peak Milk, and many more. What’s more, Yemi Alade is the most followed female Afrobeat performer as well.
