Top 10 Nigerian Hip Hop Artist And Their Net-Worth

If you think there is so so much money in music ehn; you are deceiving yourself. Most of these guys, what is giving them mouth is the fact that they get endorsed. If your favourite artist is out of the list or not among; pray for him to put more effort into work

If you are one coming up, Never despise your days of little beginning. You can be greater.

10. Timaya

Egberi Papa 1 of Bayelsa,Timaya is one of Nigeria’s top ten richest musicians. His net worth comes from heavy booking fees, brand endorsement and not so much from music sales. Timaya is a brand ambassador to Glo and Hennessy X. O. Cognac. His estimated net worth N1.1 Billion Naira. He is a Bayelsa Boy!

9: Iyanya
Iyanya hit stardom after he won the maiden edition of MTN project fame. Iyanya has been a brand ambassador to MTN, Solo phones, Dunes Nigeria and Cross River State tourism ambassador. Iyanya’s estimated net worth is put at N1.8 Billion Naira. He is a Cross River Boy


8. Banky W
Nigeria’s own king of R&B Banky W has a good share of the money generated in the music industry. A mentor to Wizkid,Skales and others. Banky is one of the longest serving brand ambassador for Samsung Africa and Ciroc. He is also ambassador to many multinational corporations and most importantly, co-founder of EME records. All these and many more put his total estimated net worth at N2.3 Billion Naira.

7: Flavour
The dreadlocks sporting musician rakes in good cash performing at big events around Africa and overseas 3 – 4 times in a week all year long. He has backed many endorsement deals, one notably with NBC (Nigerian Breweries Company). The singer is valued at an estimated net worth ofN2.5 Billion Naira.


6: Wiz Kid
Star boy! Wizkid who has been a big sensation on the Nigerian music scene cuts big checks yo! He is one artiste that doesn’t run short of endorsement deals, from MTN, to Glo, Pepsi etc. Wizkid who is now a bona-fide Sony Music act, charges heavy fees to perform at shows. Wizkid is CEO of StarBoy Worldwide, his estimated net worth is N2.8 Billion Naira.His Sony Music deal not included.

5. Davido
One time for OBO – Omo Baba Olowo). Since his entry into the Nigerian music industry, Davido has always shown he has money, especially with the fact that his father is a billionaire. Well, Davido rakes in millions for himself monthly. He is well known for his ostentatious lifestyle, a Sony Music act as well as Wizkid. Davido’s estimated net worth is N2.9 Billion Naira.

4. Tu Face
2face who now prefers to be addressed as 2Baba is the most prominent of the defunct music group Plantashun Boyz. 2Baba has a music career spanning over 20 years and he has a lot of money in the bank to show for it. Aside his normal booking fees and numerous endorsements, 2Baba is a real estate investor. He owns the popular Rumours Night Club situated in Festac, Victoria Island and Ikeja. The ‘African Queen’ is valued at about estimated net worth of N4.5 Billion Naira.

 3. D Banj
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.

 2. Don Jazzy

Don Jazzy 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.

1. P-Square
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.

MTN splashes over N400m on Don Jazzy, Iyanya, Sound Sultan, others

It is the season that notable Nigerian music acts have been waiting for. Don Jazzy, Iyanya, Sound Sultan and Chidinma are some of the acts who have renewed their contracts with MTN as ambassadors for another year. 

MTN Nigeria has splashed out millions on Nigerian music stars by renewing their contracts with the telco company for another year.

In the space of 48 hours, MTN concluded renewals for the endorsements of some of Nigeria’s biggest stars including Iyanya, Don Jazzy, Tiwa Savage, Chidinma and Harrysong.

Others who have been captured so far for another year are Sound Sultan, Banky W, Dr Sid, and Praiz. By estimation, the telcom firm has spent nothing less than N400m on the music stars.

In 2013, MTN officially signed MMMG act, Iyanya for around N40m, Tiwa Savage for about N30m and another Project Fame winner, Chidinma Ekile for a figure believed to be N20m.

Along with Don Jazzy, the stars have had their agreements with the company renewed for the 3rd consecutive year last week while Dr Sid was signing for his second year with MTN.

The total signings by Mavin Records crew of Don Jazzy, Tiwa Savage, Dr Sid and D’Prince was valued at over N150m in 2013 and the figure is believed to have risen even further this year.

That line of thought according to observers, might not be unconnected with rumours fuelled by a statement from one Gbenga Olorunpomi that all the acts under the Mavin umbrella were set to ditch MTN for a rival and wholly Nigeria-owned company, Globacom.

In the cases of Banky W and Sound Sultan, their initial deals reportedly came in at N40m and N30m respectively while Five Star Music act, Harrysong’s was put at N10m two years ago. With all of them having remained relevant enough to add value to the brand, a substantial increase is believed to have been inserted one way or another.

All the deals were signed and renewed through the Paul Okoye led Upfront Bookings Talent Agency. Some stars like Wizkid, Davido and KCEE who are all MTN ambassadors are not in the country at the moment, which explains why there’s been no mention of their renewals.

NET reached out to a couple of the ambassadors who got their deals renewed but only Chidinma responded. She said: ‘I feel great having my deal renewed, it’s a good feeling. She however declined to comment on how much the deal is worth, saying, ‘I won’t want to talk about that, but my relationship with the brand has been great.’

We also sought to get details of the endorsement deals from the MTN through its General Manager, Corporate Affairs, Funmi Onajide but she was yet to respond to our email as at press time.

Artist	Amount (NET estimates)
Davido	40m
Wizkid	40m
Saka	30m
Iyanya	40m
Chidinma	20m
Praiz	20m
Mavin	150m
Banky W	40m
Sound Sultan	30
Harrysong	10
Total	420m