he Music Industry in Nigeria is the biggest when it comes to entertainment. Not just is it the biggest, it pays higher than those in other entertainment industries. With this, you find out many youths plunging into it, both with the desire of showing forth their talents and an aim of making money. However, to those who are highly talented, the Music Industry has been profitable as they continue to make waves in the industry. Here is a list of the top five richest musicians in Nigeria:
This is the richest musician in Nigeria having a net worth of #9 billion. Formally known as Daniel Adeleke, he was born on November 21st 1992. He is a singer, songwriter and a record producer. His genre of music is Afrobeat and Afropop. He is the co-owner of HKN Music. He started singing from 2010 and since then had made waves in the industry thereby making him the richest musician in Nigeria.
Formally known as Ayodeji Ibrahim Balogun was born on the 16th of July 1990. In 2009, he signed a record deal with Banky W.’s record label, Empire Mates Entertainment ( E. M. E) . With his song ” Holla at Your Boy” in 2010, he was able to rise to prominence. Ever since then, he had been making waves in the industry and presently he is the second richest Nigerian musician with a net worth of #8 billion. His genre of music is Afrobeat, Afropop, dance hall, Hip Hop, reggae and pop.
3. Don Jazzy:
This Nigerian record producer, songwriter, singer and entrepreneur is the third richest musician in Nigeria. Formally called Michael Collins Ajereh, he was born in November 26,1982. He co-founded the now defunct record label Mo’ Hits Records in 2004. Following the closure of the record label, he went on to set up another called Mavin Records on May 8th 2012. He is into Pop, R&B, Afropop, African Hip Hop. He entered the Music Industry since 2002. His net worth had been estimated to be at #7.5 billion in 2018.
Oladapo Daniel Oyebanjo was born on 9th June 1980. He is a Nigerian musician, songwriter, entrepreneur, rapper and television personality. He is into Afropop, R&B and Pop. He entered the Music Industry in 2004. This musician has won several awards such as the Best Selling African Artist at the 2014 World Music Awards, Artist of the Year at the MTV Africa Music Awards 2009 and others. Being the fourth richest musician in Nigeria, his net worth is #6 billion.
Officially known as Innocent Ujah Idibia a.k.a. 2Baba is a Nigerian singer, songwriter, record producer and entrepreneur. He is into R&B, Hip Hop and reggae. He was born on the 18th of September 1975 and had been in the Music Industry since 1994. He is one of the most successful Afropop artist in Africa. He is the fifth richest musician in Nigeria with a net worth of #5.9 billion.