2021 Nigeria top 10 richest musicians and their net worth(Forbes)


We know how important it is for you to know the latest Top 20 richest musicians in Nigeria and their net worth in 2021 justnaijabase has made a quick list of them according to how rich they are.

Music remains a very lucrative business both for young and a list singers. There are tremendous and secrete music artists in Nigeria who have gone very deep with wealth which most fans had no idea of. Many of them are extremely rich but don’t like to show off their net worth.

I’m our 2021 Nigeria top 10 richest musicians, we have superstars like Wizkid, Davido, Phyno, Duncan Mighty, Don Jazzy just to mention but a few. Keep reading as we list out their net worth individually for you understanding.

So based on net worth in hierarchy who are the top 20 richest musicians in Nigeria?

Peep the top richest Nigerian musicians and their net worth according to Forbes.


Davido – Net Worth: $24

Nigeria top 10 richest musicians and their net worth(Forbes)

Although most people criticise him for taking advantage of his father’s wealth, Davido went ahead to achieve wealth and fame on his own. The favorite ever sounds from his debut album ‘Omo Baba Olowo’ marked the beginning of his wealth.


Not putting the wealth of his father in consideration, Davido working harder has achieved very big in the entertainment industry.

He is also a brand ambassador and a boss who had brought in young Nigerian talents like like Mayorkun, Perruzzi, and others in limelight.

Davido net worth is estimated at $24 million making him a great lover of expensive jewelry and shelters, since the date he had been breaking records with his expensive purchases.

Wizkid – Net Worth: $20 million

Top 10 richest musicians and their net worth(Forbes)

top 10 richest musicians and their net worth

Adeji Ibrahim Balogun Ibrahim popularly known as Wizkid or star boy will always remain an inspiration for hustlers having his start with a poor root and now embeds his name as one of the richest musicians in Nigeria.

Wizkid want globally in 2017 after featuring Americans rapper drake in the remix of his hit song “Ojuelegba”. After the release of his second album, his net worth had been going so high with great capacity.

His dominance went further after he won the Grammy awards alongside Beyonce for his contribution on her hit song “Brown Skin Girl”.

Wizkid’s net worth 2020 is estimated at $20 million. Having won copious awards and earned many ambassadorial contracts, his currency is still counting.

Don Jazzy – Net Worth: $17 million

We do not see him talking to loud or bragging, but no doubt that Don Jazzy is a boss.

He sits third position among the 2021 Nigeria top 10 richest musicians in Nigeria and we don’t see him losing the spot anytime sooner.

Micheal Collins Ajereh better known as Don Jazzy had proved his qualities around the globe with his music production capability which earned him a huge amount of money.

The CEO of Mavin Records had been earning his wealth amid his great contributions in search and establishment of special talents undiscovered in the streets. Having created stars like Rema, Korede Bello, and Reekado Banks, Ayra Star and Melo.

Currently, Don Jazzy has an estimated net worth of $17 million. He had been a secrete billionaire who hates pride. The reason why many are in surprise of his net worth.

2Baba (2Face) – Net Worth: $16 million

A legendary Nigerian singer with unique difference and sweet voice. 2face is the definition of “grass to grace”.

One of the elders of Nigerian Afro-pop music. He’s popularly known as 2Face or 2Baba an image of grace having adding a lot of songs to his name and still stays relevant.

His dynamism on hardworking had earned him a lot of contracts and respect from the citizens. His song ‘African Queen‘ boosted his finance after it gaining world recognition.

There are great geniuses about him which are being the only music Artiste from the plantation boys who survived their departure with his quality songs.

Currently, 2Baba’s net worth is about $16 million making him one of the eldest richest Nigerian music Afro-pop Artiste. He recently donated a whopping amount of 10 million nairas for the fight of the Covid-19 pandemic in Nigeria.

Olamide – Net Worth: $12 million

Video: Olamide – Triumphant ft. Bella Shmurda

top 10 richest musicians and their net worth

Lagos born legendary street Afrobeat sensation who paved made the path for artists like Zlatan and Naira Marley is a great icon to the Nigerian music industry, having released many rap quality songs.

His passion for music and efforts earned him double of contracts after discovering his own label YBNL where he created artists like Lil Kesh, Fireboy DML, Zinoleesky and others.

With BJ’s expertise, he remains among the richest Nigerian music artiste since date. Olamide’s net worth is estimated at $12 million and It’s a thing of appreciation.

Phyno – Net Worth: $11 million

The street great rapper had made tremendous addition to rapping field in Nigerian music firm having released many rap songs and even albums. His yearly”Phyno Fest” show in Enugu state was a way of bringing in fellow indigenous rappers like Mr Raw and Slow Dog. Going to many shows just to gain a firm. It’s a satisfying bliss that he achieved much, not little but huge. He is one of the richest Igbo rappers in the Nigerian music industry who has earned many results and achievements.

It’s an honor that he has gone so far creating a great legacy alongside Olamide his friend. Currently, Phyno net worth is about $11 million which had earned him many flashy cars and luxurious houses.

Peter and Paul Okoye – Net Worth: $10 million each

Singer, Paul Okoye, tests positive for COVID19

The great twin brothers poorly known by the name Peter and Paul Okoye had been of the major pinnacle of Nigerian music firm buoyancy, shocked the world with their efforts and newly added qualities almost in every album they release.

Starting from the root, they kept striving hard until they came up with success and boosted to top hierarchy. There were many deals and sales which earned them great wealth.

They kept boosting their hierarchy with huge positive energy, topping charts for years until a complication of brotherhood occurred for the fourth time. They clashed and departed to various individuals. At the beginning their fan base never found it satisfying and vanished, they had to create new fan base separately, this affected their net worth and they paved way for other artists who topped them.

It was much much grimy, people who hoped reconciliation never found it between them. Despite the loss of their fanbase they never reconciled and further released hit songs separately which thrilled many. Peter and Paul Okoye have an estimated net worth of $20 million but their separation resulted in the Split of it, placing them with a net worth of $10 each. They are both boosting separately but not as it is in the past.

Timaya – Net Worth: $10 million

10 richest musicians and their net worth(Forbes)

The great star who broke house rules and sneaked out of the house at his teenage age just to do what he loves doing will ever remain thankful for his success so far. Having released many songs he has been shaking the body of the listeners with his rhythms

Currently, Timaya’s net worth is estimated at $10 million currently. He is a great ambassador who introduced Patoranking to the world.

Despite a long time he stays among the top music artist in Nigeria boosting lots of hit songs.

Flavour – Net Worth: $9.5 million

Flavour has an estimated net worth of $9.5 million.

The ghetto son of Enugu state has since represented the Nigerian music firm both locally and internationally having added a lot effort since years back. After Timaya and others, he had been the father of the Nigerian music industry who started the struggle since the beginning.

He has been thankful for having achieved many good profits counting from his hit album ‘N’abania‘ which earned him great recognition in the whole Igbo tribe. He got the honour by Ijele of Igbo land paying him great respect for his efforts so far. Flavour has an estimated net worth of $9.5 million.

Banky W – Net Worth: $9 million

Banky W

With his massive success in making Wizkid a superstar, many seem not to easily forget his contribution to the Nigerian music industry.

Although he doesn’t like displaying his wealth as pride as most of the Nigerian music artistes do. His passion for professing love in his songs have earned him great contracts, houses, and cars like other fellow music artists in Nigeria.

Currently, Banky W’s net worth is estimated at $9 million.

Mr Wellington will be in everyone memories for his great effort on showing the great star Wizkid who is boosting higher in the music firm presently, to the world.

Tiwa Savage – Net Worth: $4.85 million

The self-acclaimed ‘African Bad Girl’ Tiwa Savage who always thrills the whole citizens with her great vocal had been one of the secret Nigerian music billionaires who ranks as one of the top female music Artiste in Nigeria. Her great hits from ‘Eminado‘ featuring Don Jazzy, “Malo” featuring Wizkid saw a boost to her finance.

Despite her publicly display of romance with Wizkid leading to confusing relationship talks, she remains a symbol of steadiness. He keeps dashing out great hits songs for her  fans.

Lastly, one Nigerian great music star who isn’t amount the 2021 Nigeria top 10 richest musicians but has taken the world by storm with his songs is Burna Boy.

He won the Grammy awards individually in 2021 and we have decided to put his worth on this list despite not being among the top richest Nigerian music stars.

Burna Boy – Net Worth: $3.5 million

[Music] Burna Boy – Wetin Man Go Do

Burna Boy wins the Grammy and will be among the Nigeria top 10 richest musicians

The popular giant of Africa who rose very rapidly has super energy and qualities. He ability to diversity music led to his global recognition in all countries.

In 2021, Canadian singer Justin Bieber featured him on his song with is toping music charts download here .

His fame came after the released his second album which won him many awards. He also got a even nominee at the Grammy awards for the best album of the year.

All this had been boosting his finance counting from shows, ambassadorial deals and other contracts he had achieved. His new trending single ‘Odogwu‘ remains a beautiful hit to enjoy.

Burna Boy’s net worth is about 3.5 million which has acquired his many cars and house. Feel free to tell us who we need to add to this list of the top 10 richest musicians and their net worth we will not fail to update this article.