8. Banky W


Olubankole Wellington, popularly known by his stage name Banky W and credited in film as Banky Wellington, is a Nigerian singer, rapper, actor and politician.

He has a net worth of $9 million.

7. Timaya


Inetimi Timaya Odon (born 15 August 1977), better known by his stage name Timaya, is a Nigerian singer and songwriter. He is the founder of DM Records Limited. His solo career began in 2005 with the release of "Dem Mama", which also appeared on his debut album, True Story released the following year. His second album Gift and Grace was released in 2008.

Timaya has a net worth of $11 million.

6. Mr P and Rudeboy



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Peter Okoye with a stage name of "Mr P" and Paul Okoye with a stage name of "Rudeboy" were born on November 18, 1981, in Jose, Plateau State.

However these two brother founded an exceptional preferred stage name P-Square which was among the most well known in Nigeria music.

Besides the two brothers have seperated and now have different stage name.

They both have a net worth of $15 million each.

5. 2Baba


Last year 2Baba marked his 20 years of being in the Nigerian music industry in collaboration with Trace Naija. He is the 5th richest musician in Nigeria according to our list.

The 43-year-old singer is very likeable by his colleagues both young and old. His goodwill and mature demeanour have made him a magnet of brand endorsement deal from the likes of Glo, Campari, etc.

He is a top real estate investor, especially in the nightlife business. As a consistent hitmaker 2Baba’s net worth is estimated to be about $16.5 million.

4. D'Banj

Dapo Daniel Oyebanjo aka D’banj is about the best Nigerian entertainer out there any time he takes the stage to perform. The DB Records boss is a consummate brand ambassador to multinational companies.He is the CEO of CREAM Platform.

He is worth an estimated figure of about $17 million.

3. Don Jazzy


Ace music producer Michael Ajereh Collins better known as Don Jazzy is the CEO of Mavin Records, a record label that has buzzing act like Rema, Korede Bello, Dr Sid, D’Prince, Johnny Drille, POE, and recently Crayon etc.

Recently, Mavin Records received millions of dollars in investment from Kupanda Holdings to help it expand to Mavin Global.

Don Jazzy is number three on our list and one of the richest musicians in Africa. The highly revered music maker has other businesses outside music. He is a brand ambassador for Scotch Whisky Johnnie Walker.

The beat maker’s net worth is valued to be around $18 million.

2. Wizkid

Ayodeji Ibrahim Balogun widely known as Wizkid is the second richest musician in Nigeria, with a net worth of approximately $18.5 million.

In 2018 Wizkid sold out his Nike Starboy jersey merch twice, modelled for Dolce & Gabbana in Italy and Moschino.

1. Davido


Sitting at the number one spot as the richest Nigerian musician is Davido, He is estimated to have an approximate net worth of $19 million. David Adeleke may be called Son Of A Rich Man (Omo Baba Olowo – OBO), but with hardwork and dedication, he has been able to earn his own money rather than depending on his father's wealth for survival.