Top 10 Richest Musicians In Nigeria In 2022

 If you are wondering who are the top 10 richest musicians in Nigeria in 2022, then look no further as we will discuss according to Forbes Magazine these amazing and richest  Nigerian artists in 2022.

1 WIZKID

Wizkid is the richest musician in Nigeria. His net worth, as estimated by Forbes, is$21 Million, making him the richest musician in Nigeria in 2022.

2. DAVIDO

 The second musician on the list of Forbes top 10 richest musicians in Nigeria in 2022 is Davido. David Adeleke popularly known as Davido is the second richest musician and artist in Nigeria in 2022. Davido’s net worth is estimated at $19 million.

3. Don Jazzy

In the music scene, Collins Michael Ajereh, known as Don Jazzy, is the third on Forbes top 10 richest musicians in Nigeria in 2022. Don Jazzy is an indigene of Umuahia in Abia State. His birth date is the 26th of November, 1982.

Don Jazzy’s net worth is estimated to be over $18 million. Don Jazzy is not only a musician, but he is also a music producer and an entrepreneur. This rich music star is the CEO of the Marvins Record Label

Don Jazzy is known to have an eye for talents. Last year January 21, 2020, he announced the signing of a female artiste, Ayra Starr, into his music fold.

Don Jazzy’s musical career started with his collaborations with D’banj, where the duo made different hit tracks such as Mo’hits. This was before they parted ways about a decade ago. It was after the separation that Don Jazzy created the Mavins Records Label.

Aside from his music career, he also has profitable contracts with companies like MTN and Loya Milk. Also, among Don Jazzy”s most prominent and recent deals is his endorsement deal with V-Bank.

V Bank, Nigeria’s leading digital bank, announced the extension of its deal with Don Jazzy in December 2020. The bank executives had presented him with a V Bank branded hoodie to symbolize the renewed one-year contract

4 Burna Boy

Burna Boy is the third on Forbes top 10 richest musicians in Nigeria in 2022. His net worth is $17 million.

Relocating to Lagos was the best move for Burna Boy as it further helped his career. He started gaining recognition in the music industry in 2012 when he released his hit single ‘Like to Party’ from his debut album L.I.F.E.

Burna Boy sold Up to 40,000 copies of L.I.F.E. on the first day of its release. Also, Burna Boy sold L.I.F.E marketing rights to Uba Pacific for 10 million Naira.

However, he left Aristokrat records in 2014, and in 2015 he established his record label named Spaceship Entertainment. He debuted his second album ‘On a Spaceship’ on the 25th of November 2015.

Burna Boy’s music career has been filled with success stories as he has been making waves both nationally and internationally.

In 2020, Burna Boy released his most recent music album, Twice as Tall, making waves nationally and internationally. The album earned him a 2021 Grammy Award nomination

5 2baba

2Baba is one of the most influential Nigerian artists. His real name is Innocent Ujah Idibia. Formerly, he was part of a musical group called “Plantashun Boiz” before he signed to the Kennis Music Record Label. His Net Worth is at $16 million a.nd also the fifth person on the Forbes top 5 richest musicians in Nigeria in 2022

6. P Sqaure

It’s nearly hard to discuss Mr. P without mentioning the now-defunct P-square. The identical Okoye twins’ stage moniker is “P-square.” They’re both brothers who prefer to do things together, such as write and play music.

The single “Senorita” was P-first square’s hit, and it was followed by several additional hits that gave them opportunities all over the world.

When it comes to successful music business veterans, the combo “Peter & Paul Okoye” cannot be overlooked. According to Forbes, they are among the top 10 richest musicians in Nigeria in 2022, with a net worth of $16 million. They were both born in Jos on November 18, 1981. Nigeria’s wealthiest musician

7.OLAMIDE

Olamide Adedeji is a Yoruba from Lagos, Nigeria. The musician adds a touch of his mother tongue to his compositions. Given that his music may not sell in various areas, you would wonder if he makes it in the industry.

This artist, on the other hand, is having a major breakthrough. With a net worth of $12 million, a record label (YBNL), accolades for Best Indigenous Artiste, and more, he is one of the richest people in the world.

Olamide Badoo is a Nigerian rapper and the founder of the YBNL Nation record label.

8 Dbanj

The vocalist began his musical career by playing the harmonica of his late elder brother. His younger brother died in a plane crash when he was 17 years old.

D’banj constantly played the harmonica as an homage to him and to keep his memory alive in his mind. Despite this, he abandoned his aim of becoming a mechanical engineer in the middle of his studies at Lagos State University due to a persistent strike.

He moved to the United Kingdom in 2001 to complete his education but had to leave after meeting Don Jazzy, an aspiring songwriter at the time. However, he is one of the most prominent and the richest singers in Nigeria?

9.PHYNO

 Chibuzor Nelson Azubuike, better known by his stage name Phyno, is a Nigerian rapper and record producer with a net worth of $10 million. On October 9, 1986, Chibuzo Nelson Azubuike, better known by his stage name “Phyno,” was born. Phyno is from the Nigerian state of Anambra.

He is the fourth of five children born to his parents. Phyno grew up in Enugu and acquired his elementary, secondary, and tertiary education there before opting to pursue music as a career.

He aspired to be a doctor or a pilot, like many other average Nigerian youth, but fate had other ideas.

10. Timaya

Timaya was born in the Nigerian city of Port Harcourt on August 15, 1977. He is a performer, songwriter, and vocalist. Timaya’s net worth in 2022 is expected to be $10 million, up from $10 million in 2021.

In real life, Timaya is known as Inetimi Timaya Odon. DM Records Limited was founded by him. In 2005, he debuted as a solo artist with the single “Dem Mama,” which was also included on his debut album.

Timaya released Upgrade in 2012, which included the singles “Bum Bum,” “Sexy Ladies,” and “Malonogede.” He has received numerous honors and nominations for his work, including four Headies Awards, two AFRIMMA Awards, one Nigeria Music Award, and an NEA Award.

He is the last on the list of Forbes’ top 10 richest musicians in Nigeria in 2022.