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The primary obsession of many in the Nigerian music scene is wealth. Although many will be reluctant to admit it, wealth and the promise of its abundance is what motivates a high percentage of our musicians. Below is a list of 10 richest musicians of 2016 and their network
1. P-square
Psquare, the veteran Okoye brothers are top of the richest Nigerians musicians list. Net worth- N25.6bn
2. Don Jazzy
This man need little or no introduction because he is one of Nigeria most celebrated producer in Nigeria and a mentor to many. Net worth- N7bn
3. D’Banj
D’Banj is the CEO of DB Records and was a former member of the then MO’ Hit Records becuase they parted way. Koko master is not just a musician but also a business man , he a brand ambassador of Glo, Power Fist Energy drink, Virgin Colour Soft drink and Bank of Industry. Net worth- N5.7bn
4. Flavour
Net worth- N5bn
5. 2Face (2Baba)
Regarded as Africa’s most successful musician, 2face Idibia has a career spanning 2 decades. Net worth- N4.5bn
6. Davido
Here’s another member of the new guard whose meteoric success catapulted him to a top earner in Africa. Much like Wizkid, the pop nature of Davido’s record has resulted in him playing a record number of shows and high-paying private gatherings. Net worth- N2.9bn
7. Iyana
Net worth- N2.5bn
8. Wizkid
Starboy’s position as one of the cash kings of Nigerian music is based off the success of his records. The Star Boy Records star charges #4 to #5 million per show and has endorsement deals with MTN, Glo and Pepsi. Net worth- N2.3bn
9. Banky W
The R&B King gets his primary income from record sales and performances. Net worth- N1.8bn
10. Timaya
Net worth- N1.1bn
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