New Top 20 Richest Musicians In Nigeria And Their Net Worth - August 2015

Forum 8 years ago

New Top 20 Richest Musicians In Nigeria And Their Net Worth - August 2015

By Darlington Omeh, Constative.com

Who are the richest musicians in Nigeria? Music has been paying heavily in Nigeria for the past ten years. No wonder average Nigerian youths sees music as one of the the quick means to wealth and fame.

Why not! When a good number of artistes have risen from nothing to something over the years, enjoying wealth that can only be imagined by their peers.

The question is Who is the richest among these musicians and how much are they worth? Before you read, I want you to have these in mind:-

1. Net Worth does not necessarily mean the amount of money you have in the bank. It is how much you are worth as an asset base on your works, your achievements, investments, and popularity. So, when we talk about richest musicians in Nigeria and their net worth, some of the artistes mentioned may not have the said amount of money in the bank.

2. Album/music sells is not the only means musicians make money. They make much more money from – YouTube partnership, Loyalties, ringtones, concerts, sponsorships, endorsements, and appearances.

These were factored into this rating to come up with this robust, time tested ranking of richest musicians in Nigeria. The best and most accurate you can find anywhere on the internet.

3. This list is dynamic – it changes from time to time. Someone who is on this ranking today may not be here tomorrow.

4. If you have an objection, state it in a civil manner, utilizing the comment system below.

Here I present to you the top 20 richest musicians in Nigeria and their estimated net worth.

Like I said before, this list is the most detailed and most accurate you can find anywhere.

Enjoy and make a comment!

20. Patoranking – $1.75m



This guy is making name for himself in the music and entertainment industry in Nigeria and it’s not surprising that he made the top 20 richest musicians in Nigeria despite that it has not been quite long since he breaks into the limelight.

His hit song (Girlie O) featuring Tiwa Savage has grossed over 4 million views on YouTube as the time of writing this article. Patoranking’s net worth is estimated to be – $1.75m

19. Yemi Alade – $2.1m


How she made it? I don’t know, but she is currently the biggest female musician in Nigeria after Tiwa Savage and may overtake Tiwa in a couple of years if not months.

The first day I heard ‘Johnny’ played in my car by one of the Nigerian F.M Station, I knew something serious was about to hit us.



Yemi currently has the most successful and most popular music video by any African female artiste on YouTube. The total views for ‘JONNY’ as at this time is 13,435,171. Yemi Alade’s current net worth is $2.1m

18. Chidinma Ekile – $2.86m



Chidinma has one thing going for her – she is extremely likeable. That alone has skyrocketed her take home performance fees and worth to an enviable position.

From a mere contestant in the MTN Project Fame to a household name in Nigeria, Chidinma has created wealth that her peers could only dream about, enough to earn her a place on this list.



Her biggest video to date is ‘Kedike’ with 1.2 million YouTube hit, followed by “Oh Baby” featuring Falvour which currently has 600,000 views. And collective views of about 5 million for her songs, Chidinma’s net worth is put at – $2.86m

17. Duncan Mighty – $3.5m



Duncan Mighty has refused to step an inch away from the Niger Delta oil. With unique beats, superior voice quality, and dance step to match, he is considered one of the most successful artistes ever come out of the Niger Delta region.



His most popular song on YouTube.com is “Obianuju” and “Port Harcourt Boy” which has collective views of 3.1 million.

With strong affiliation to the Niger Delta politicians, Duncan mighty is estimated to worth – $3.5m

16. Phyno – $3.6m



The only hardcore rapper I’ve ever seen in Africa. He does it like no other, providing new dimension to rap music in Nigeria and Africa in general.

Phyno is to the Igbos what Olamide is for Yorubas but he does it in a completely different fashion. So good that rap haters like me are being forced to like rap music.



Phyno is a genius. Everyone wants to collaborate with him for good reasons. He is hot in the market. Phyno’s net worth is put at – $3.6m

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Note: to Continue with the list, Top 20 [15-11] kindly Click here to See full List of 15 - 11

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