Top 10 richest musicians in Nigeria and their net worth (2024)

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Who is the highest paid musician in Nigeria? ›

In 2021 Big Wiz got paid a million dollars to serve as the headline artist for the Let's Get Free Festival in New York, USA. According to details available in the public domain, Wizkid is the highest-paid Nigerian singer.

He also stands as the most awarded artist in The Headies award history. Wizkid's net worth in 2024 is estimated at $4 million. His triumphs as a Nigerian singer and songwriter have not only earned him international acclaim but also a multitude of accolades.

Davido Net Worth 2024. Davido's net worth in 2024 is projected to be $50 million, making him one of the wealthiest musicians in Africa. Key aspects contributing to his financial success include: Music Sales: Davido's music has sold millions of copies worldwide, generating substantial revenue.

Born Damini Ebunoluwa Ogulu, Burna Boy spent his early years in Nigeria. He honed his musical talents there and absorbed the cultural richness that would later influence his music. His pursuit of musical mastery led him to accumulate an impressive $22 million net worth in 2024, according to Fresherslive.

Zubby Michael

His constant appearances in movies and television have made him a fortune of around $7 million, making him one of the richest actors in Nigeria.

She's the highest paid female artiste in Nigeria per show as she's usually overbooked within periods and months. According to TINA Magazine, Tiwa Savage would change nothing less than N6 million naira for local shows and 80- 100,000 dollars for international shows.

Jay-Z tops the list as the highest-paid singer in 2024 with a net worth of $2.5 billion. Bono, the Irish singer-songwriter and activist, ranks among the highest-paid singers with an estimated net worth of $1.8 billion. Rihanna has amassed a net worth of $1.4 billion, making her the world's richest female musician.

Even though he was born and raised in Nigeria's most active and affluent city, he was not fortunate enough to be part of a wealthy family.

As of 2023, the title of the 'richest female singer' belongs to Rihanna, with an estimated net worth surpassing $1.4 billion.

Who is the best rapper in Nigeria? ›

Olamide is without a doubt Nigeria's best rapper. He is also the most hardworking in the group. This is precisely the factor that has propelled him to the top of Nigerian rappers today.

Best Selling Artists in Nigeria 🇳🇬 (Singles): 1 Asake 3.8M 2 Burna Boy 1.7M 3 Kizz Daniel 1.6M 4 Davido 1.3M 5 Omah Lay 1.1M 6 Zinoleesky 1M 7 Ayra Starr 900k 8 Fireboy DML 900k 9 Buju 700k Multiple artists have sold over 500k units in the region.

Ayo Balogun is popularly known as Wizkid, he is the best music artist in Nigeria as of 2024.

Jay-Z's Net Worth (Estimated): $2.5 Billion

Shawn Corey Carter (best known as Jay-Z) is the world's wealthiest musician, surpassing others by nearly a billion dollars.

Bernard Arnault maintains his position as the world's richest person in 2024, with a fortune of $233 billion, driven by LVMH's exceptional performance. His strategic acquisitions and focus on succession planning highlight his visionary leadership.