In time past Nigerian parents rebuked their wards for dare dreaming about becoming musicians. You dare not harbor such thoughts talk more of telling your parents about it. You’ll get a good dose of the cane and rebuke. Fast forward to the present, music is probably one sure way to earn a good fortune for yourself. ‘Music dey pay pass some white collar jobs these days’ and we all know these.
Some of of our artistes have been able to beat others to top the list of the richest Nigerian artistes. These values are estimated net worth (a realistic measure of wealth) and hence used to rank these artistes.
If your favorite is not on the list, there can only be one solution. They have to double their efforts to appear on the list next time.
These days D’banj, one of Nigeria’s biggest music export is more of a shrewd business man. He is CEO of DB records and Koko Holdings. D’banj has a multitude of endorsements from United Nations, Bank of Industry, Slot etc. The ‘Oliver Twist’ crooner has an estimated net worth of N5 Billion Naira.
Don Jazzy who was a former partner with D’banj during the defunct Mo’Hits era makes number two spot. Now Don Jazzy is the CEO of the Mavin Records. Micheal Collins has had a good number of endorsement from Samsung to Johnny Walker. He has several investments and most recently his newest company Flobyt. The ace music producer is valued at an estimated net worth of N6.5 Billion Naira.
Sitting on the top of the list is Africa’s most successful singing duo Psquare. The singers who are from Anambra State Nigeria, are highest earning Nigerian musicians. Booking Psquare for a show definitely cost a lot as the twin charge the highest fee. Much of their money comes from booking fees, mouth watering endorsement deals, music sales and other investments. Psquare are highest grossing Nigerian artistes on YouTube. The ‘Bank Alert’ crooners own multi-million naira homes in of the best neighbourhood in Lagos. The estimated net worth of the singing twins is put at an impressive N15 Billion Naira.