Top 10 Richest Musician in Nigeria 2024

Music is one of the top mediums of entertainment. It refreshes and relaxes your mind. Musicians play the biggest role in these refreshments. We all have our favorite musician about whom we all want to know. Music is an art but a well paid art. Musicians earn a good amount for their work and events with popularity. In this short read you will get to know about the Top 10 Richest Musician in Nigeria 2024. Get known to the musicians and their financial worth with us.

Top 10 Richest Musician in Nigeria 2024

Without making you any longer we are introducing you to the people who own this list.

Timaya

Inetimi Alfred Timaya Odon is a Nigerian songwriter, composer and singer. He is popularly known as Timaya. He was born on August 15th, 1980 in Port Harcourt, Rivers State. Timaya is popular for his songs like Balance, Cold Outside and Dey Your Dey. He debuted in 2005 with his first single “Dem Mama”. In 2018 he got the most prestigious award Grammy.

His wealth is one of the main attractions of his career. He has made and sung various songs. Along with that he performed in various events and concerts for which he charges a good amount. Popular celebrities also get ambassadorship. Timaya also endorses brands like Globacom and Hennesy. All these factors add up to his Net worth. His total net worth is nearly around $12 million which makes him 10th richest musician of Nigeria.

Paul Okoye

Paul Nonso Okoye popular as his stage name RudeBoy and Kingrudy comes on the 9th spot in the list of richest nigerian musicians. His net worth sums approx $16 million. He is a singer and record producer born on 18 November 1981, 48 years as of now. Paul has been active in his career since 2003. His genre of music is Hip hop, R&B, Afrobeat, reggae and dancehall. His origins are from Anambra state Nigeria.

He got the fame from the start of his career when he started a duo band with twin brother Peter Okoye.Their band name was based on the the first letters of their name, duo was known as P-square.With his dedication and achievements he assured his place in the Nigerian music industry and became 9th richest in the territory. 

2Face Idibia

Innocent Ujah Idibia is his real name but he is popular with various stage names and 2Face Idibia is one of them. Well it was his former stage name and currently it is 2Baba. He is one of the most influential musicians of nigeria.He marked 8th spot in Nigeria’s richest musicians. His net worth is expected to be $16.5 million. He earned this amount from his music compositions and events. 

In 2005 he also got the MTV Europe Music Award for Best African Act. he was awarded with various other notable awards too. He was associated with a band named Plantashun Boiz. He also owns his own music label “Hypertek Digital”. Some of his popular songs are Hate What U Do Me, Implication and Ihe Neme.

Burna Boy

Burna Boy, a Nigerian musician. It is only his stage name and his real name is Damini Ebunoluwa Ogulu. He is professionally a singer and a songwriter. Burna was born in Nigeria’s Rivers State on 2nd of July, 1991. He has been contributing since 2010 in the music industry. Being the 7th richest musician of Nigeria  he carries a net worth of $17 million from all his work.

He got popular with his song “Life to Party” in 2012 He won many awards and considerations in his career which includes aye shattering names like Ghana Music Awards, Grammy award for best album and BET Awards. 

Don Jazzy

Don Jazzy is among the most known musicians of Nigeria. He was born in Umuahia, Abia state, Nigeria on 26 november 1982, currently he is 41 years old. Don jazzy is only his professional name and his real name is Michael Collins Ajereh. Along with being a musician he is also a businessman who co-founded a  music publishing company Mo’Hits Records with D-Banj in 2004 and another label Mavins which he founded in 2012.

He was named Producer of the year for four consecutive years which not only gave him a brand name but also provided great financial wealth. Now he is the 6th richest singer and musician available in Nigeria.

Davido

David Adedeji Adeleke is a young Nigerian talent, professionally and popularly known as his stage name Davido. Now in 2024 he is the 5th most influential and richest musician of Nigeria.

He is a record producer, songwriter and a singer who has been actively contributing in the industry since 2011. He was born in the United States but raised in Nigeria. There is a list of his popular songs, the list includes “Gobe”, “One of a kind”, “Skelewu” and the list goes on.

Davido is indulged in music, endorsements and his music label HKN label.  His total financial worth is almost  $20 million. Not only in Nigeria  but he is one the most wealthy musicians in all of Africa. He endorses brands like Infinix Mobile, MTN and Guinness Nigeria. He has a lot more to achieve in his life which will surely be possible seeing his progress.

Wizkid

This 33 years old musician is one of the top music sensations in Nigeria.Ayodeji Ibrahim Balogun is his birth name but he is better known as his stage name Wizkid. Also known as Wizzy and Big Wiz. He belongs to Lagos, Nigeria and followed his passion of becoming a singer and songwriter from just 11 years.

In 2013 he launched his Record label Starboy Entertainment. He collaborated with Drake in 2016 after which he gained immense recognition around the world. Wizkid was also featured in Beyonce’s Brown Skin girl. He became a global star with all these achievements. His estimated net worth is calculated to be around $21 million. 

Black Coffee

Nkosinathi Innocent Mabphumulo, better known as Black Coffee is a south african DJ. he is owner of the music label “Soulistic Music Record Label”. He is Globally known for his achievements. He has won awards from South African Music Awards, Grammy awards, Metro FM awards and DJ awards.

Net worth of this global music icon is in fascinating figures of around $60 million. For sure he is one of the most known and well established musician

Akon

Akon does not need any introduction. He is an American musician who is a global star. His countless fans love him. He has worked with almost many big names from the industry. Akon proved his prominence only after the release of his first single “Locked up”. He is 51 years old and has been working in the industry since 1996. He worked with stars like Lady Gaga, Snoop Dogg and Michael Jackson.

His Net worth is $80 million in 2014. He has given all his life to music and in return the music world showered with pure love and recognizable wealth. Akon has a very unique World record on his name for being the most well known musician to sell master ringtones. He has a lot of awards by his side and you would be amazed by the fact that he came to grammy nominations 5 times.he has won American Music Awards, World music Awards and BET Awards.  

Youssou N’Dour

Now comes the most awaited, the no.1 in the list of Top 10 richest musician in Nigeria 2024. Yossou N’Dour is a singer, actor, Politician and also an Entrepreneur. His career started in 1979 and from then he is on the path of reaching new and higher milestones. He has marked his place in the list of  200 greatest singers of all time. He also contributed to politics, served as minister of tourism in Senegal for a year. Also he has been in the music business for several years.

He owns an astonishing net worth of $145 million. Youssou won a Grammy in 2005 for his album Egypt, he also won many other notable recognitions and awards. He is living the dream of many music enthusiasts. We worked really hard for all his chosen platforms whether it’s music, politics or business.

Conclusion

They were the singers who marked their identity in the audience’s heart with their music. Top 10 Richest Musician in Nigeria 2024 included these well known names, their contribution helped the music industry to grow and reach a wider audience.