Top 10 Richest Musicians in Nigeria 2020 (Forbes)



In this article am going to discuss the top 10 richest musicians in Nigeria 2020, In the past, people see music as an indecent and unreliable profession but I must say that it is not true today there are countless number of Nigerian musicians that are making millions of dollars from their craft.

The music industry in Nigeria makes billions of naira yearly and has proven to be one of our major exports which is one reason we need to guide it jealously.

Our Nigerian musicians are living in an extravagant lifestyle, the life of Fame glamour, money, and flamboyance has become the order of their day and it is a life many of us and dreaming to live.

These generations of Nigerian musicians are so wealthy that some of them own private jets, expensive Gucci products, expensive cars, and properties worth millions of naira.
After a careful study and research, I present to you the top 10 richest musicians in Nigeria 2020

(10) PHYNO

Azubuike Chibuzor Nelson popularly known by stage name as Phyno is a famous Nigerian indigenous rapper, songwriter, singer, and record producer.
Phyno was born on 9 October 1986 in Abakpa-Nike, Enugu State in the Southeastern part of Nigeria, he is currently 33yrs old.

Phyno’s parents are from Anambra state but they reside in Enugu State, where Phyno was born and raised, after completing his primary and secondary school education, he attended Institute of management and technology (IMT) in Enugu, where he graduated with a National Diploma (OND) in public administration. Throughout his school days Phyno focused all his attention on music and Learn to play the drum and piano.

No doubt Phyno is one of the richest musicians in Nigerian and he is currently number ten on our list of the top 10 richest musicians in Nigeria 20202 with an estimated net worth of 8.9 million dollars.

(9) OLAMIDE

Olamide Adedeji popularly known as Olamide is a famous Nigerian hip hop, indigenous rapper, singer, songwriter, recording artist and stage performer. He was born on 15th March 1989 in Bariga, Lagos State in the southwestern part of Nigeria. He raps and sings mostly Yoruba language, he often refers to himself as Olamide Badoo or the Baddest guy ever liveth.
After completing his secondary and primary education, Olamide went and studied at Tai Solarin University of Education in Lagos State, Nigeria.

In 2000 he decided to pursue a career in music, in 2010 he performed at the hip award, he is currently the CEO and chief executive officer of YBNL nations record level. Olamide is no doubt very wealthy and currently number nine on our list of the top 10 richest musicians in Nigeria 2020 with an estimated net worth of 9.2 million dollars.

( Banky W

Banky w whose real name is Olubankole Wellington is a famous Nigeria R&B singer, songwriter, record label owner, stage performer, actor, and model.
Banky was born on 27th March 1981 in New York City in the United States of America, he is currently 39yrs old. His father is from Badagry in Lagos State Nigeria while his mother is from Calabar, Cross Rivers State, Nigeria.

After the birth of Banky W his parents moved back to Nigeria, he began and completed his junior and secondary school education in Nigeria before proceeding to study industrial engineering in Rensselaer Polytechnic Institute, New York.

While in school Banky started his record label (E.M.E) in 2002, in 2009 he left the United States of America and returned to Nigerian to establish his himself as one of Nigerian top R&B singer.

Upon return to Nigerian Banky signed Wizkid and Skales to E.M.E record label.

Through his music exploit Banky is one of Nigeria richest entertainers and he is currently number eight on our list of the top 10 richest musicians in Nigeria 2020 with an estimated net worth of 10 million dollars.

(7) TIMAYA

Inetimi Alfred Odon popular known by his stage name Timaya is a talented Nigerian singer, songwriter, stage performer and a recording artist, he was born on 15th August 1977 in Port Harcourt Rivers State, South part of Nigeria, and he is currently 42 years, Timaya hailed from Odi a small village in Bayelsa state.

Timaya grew up in a large family of fifteen, he was the last of them all, his father was a banker while his mother was a trader.

Timaya started his music career in 2005 and he is the founder of Dem Mama Record label. He came to limelight after the release of his hit single “Dem Mama” which also appeared on his first studio album.

Timaya is currently one of Nigeria richest musicians and he is number seven on our list of the top 10 richest musicians in Nigeria 2020 with an estimated net worth of 11 million dollars.

(6) FLAVOUR

Okoli Chinedu was popularly known by his stage name Flavor N’Abania or simply Flavour is a Nigerian high-life/ afro-pop, Singer, songwriter, guitarist, instrumentalist, recording artist, stage performer, actor, model, and entrepreneur. Flavour was born on 23rd November 1983 in Achara layout Enugu State in the eastern part of Nigeria. He is currently 36yrs old, his from Umunze in Orumba South LGA, Anambra State Nigeria.

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