The Entertainment industry is one of the best things that has happened in Nigeria. The giant of Africa besides the oil and gas sector is about the most viable sectors of the nation’s economy. Our musicians have been doing us proud and they make several billions of naira and millions of dollars as a reward for their creative efforts.
Among these musicians are the top 10 richest in 2018 drawn from cumulative wealth, shows and concerts, endorsements investments, tours and album sales among other sources. The ranking is from number 10 on the list to the 1st. They include:
Flavour/Olamide, BankyW, Timaya, Paul Okoye and Peter Okoye, others are 2 Baba Idibia, D’Banj, Don Jazzy and Davido.
These super stars no doubt are among the best in the world, they have also contributed to the growth of the nation’s economy and image rebranding.
Contemporary highlife King, Flavour and Street Mafia Olamide are tied to the tenth position in the ranking. Flavour who is a fantastic live performer makes huge money from performing at high profile gigs.
The singer is a brand ambassador for brands like Bullet Energy drink, Hero beer etc.
Meanwhile, Olamide the also charges quite a huge fee for shows, the Bariga born artiste runs a yearly tour across United Kingdom, Europe and America.
He is Hennessy and Glo ambassador and Leo of digital TV channel VOTS (Voice Of The Street). The estimated net worth of both Flavour and Olamide is pegged at around N3 billion.
Olubankole Wellington is an all round boss and he has money to show for it. His status changed last year when ‘Mr Capable” said bye bye to Bachelorhood as he married actress Adusua Etomi.
Banky W is a huge brand influencer and rakes in millions of naira as brand ambassador for multinational companies like Samsung, Uber etc.
The singer has also delved into acting, film production, event host and public speaking. His estimated net worth is put to be around N3.5 billion.
Born Enitimi Alfred Odom, the Nigerian dance hall king is one of the top 10 richest artistes in the game. The DM records boss is not cheap when it comes to his gig fee. According to close sources, Timaya charges 8 million naira to show up and perform at an event.
Currently, Timaya has endorsement deals worth several millions with Glo and cognac brand Hennessy. A few months back, Timaya moved into a palatial mansion in Lekki worth hundreds of millions. Timaya’s estimated net worth is put at N4 billion.
Rude boy, member of the defunct P-Square duo takes number seven spot, Paul and his twin brother Peter used to dominate the African music scene until they split last year. The duo used to charge the highest gig fee for a Nigerian artiste that has somehow changed as he now stands alone.
Notwithstanding, Rude boy is still a big shot in the music business with his estimated net worth of about N5.6 billion.
The other half of the defunct P-Square duo, aka Mr P is still doing fine as a solo artiste, even before the split, Peter had solo endorsement deals with Kia Motors, Olympic Milk etc. Since the break up’, MRP. “has embarked on solo tours around America, Europe etc.
The dancer and singer has a new clothing line in the works awaiting official unveiling. His estimated net worth is N5.8 billion.
2 Baba Idibia
With over two decades strong in the Nigerian entertainment industry, Innocent Idibia better known as 2 face or 2 Baba is a double OG. The 42 year old singer has a brand friendly persona which has seen him clinch mouthwatering deals even ahead of younger colleagues.
Currently he has endorsements with Compare, Glo etc, he has real estate investments including his Rumours Night Club in Lagos. The “Gaaga Shuffle” crooner’s estimated net worth spices to about N5.9bn.
His music may not be his best selling commodity at the moment, but D’banj’s business and branding acumen are as strong as ever, a big negotiator. He is a brand ambassador to top brands, besides his brain child cream platform was valued last year by an American firm to be worth about $100,000.00.
Micheal Ajere Collins, aka Don Jazzy takes the numbers three spot on the list. The ace music producer has moved on quite seamlessly from being a beat maker to a full fledged businessman. Don Jazzy is the CEO of Mavin records which houses top stars like Tiwa Savage, Reckado Banks, Koredo Bello etc.
He has many music related businesses known and unknown. The music maker’s net worth is valued to be around N7.5 billion.
Second on the list is popularly known as Wizkid, fondly called star boy. Wizkid is the biggest music export out of Nigeria in the past 4 years. The singer’s achievements are enormous including topping bill board hot 100 music chart, earning a Grammy Award nomination, several legit international collaboration, performing at international music events etc.
Davido, the Baddest!, Nigerian entertainer and record label boss, David Adeleke sits at the summit of the list of top 10 Richest Nigerian Musicians. The DMW boss has arguably made the most money in the past 12 months than any other contemporary Nigerian artistes.
The singer is the leader of the popular 30 Billion Gang, he has made the most hit songs in the past year too. Since last year Davido has been touring around the world performing at sold out concerts during the 30 Billion tour which is still ongoing.
The past year has been fantastic for Davido’s tracks, ‘if’, Fall which have crossed over 60 billion views on you tube, the ‘Aye’.
Crooner revealed that he has made over $1million off pon pon sound, he has secured new endorsements with perform brand AXE, infinix mobility ect.
He has been rumoured to have recently purchased a bom bardia jet.
Davido’s estimate net worth is put at N9 billion.
Nigeria Dominates At Sound City Awards Festival
The Sound City (MVP) award festival took place on January 11 at Eko Hotel and Suites in Lagos and Several Nigerian music stars won big at the event. The event which saw the amazing performances from top African music stars including Davido, Tiwa Savage, Tekno and Diamond Platrnz among others left the audience enthralled and excited for what the evening held.
Well as expected, several Nigerian stars shone bright at the event as they snagged awards in different categories. Burna Boy for one emerged winner in the three different categories, while Davido, Fireboy, Teni, Joe boy and Tiwa Savage won an award each in other categories. Rave of the moment, Rema snagged the new MVP award.
The winners are:
– Best new MVP – Rema (Nigeria)
– Best collaboration – ‘Gugulethu’ Prince Kaybee (South Africa)
– Best pop-Joe boy (Nigeria)
– Best Hip hop – Khaligrah Jones (Kenya)
– Best Duo – Dope Nation (Ghana)
– Africa producer of the year-Rexxie (Nigeria)
– Best female (MVP) Teni (Nigeria)
– Best male (MVP) – Burna Boy (Nigeria)
– African DJ of the year-DJ Sping II (Nigeria)
– Digital Artiste of the year – Davido (Nigeria)
– Listeners choice Award-‘Jealousy’ – Fireboy NML (Nigeria)
– Video of the year-Tiwa Savage by Meji Alabi (Nigeria)
– Song of the year -‘Killin Demi Burna boy (Nigeria)
– Meanwhile, the 13th edition of the Headies award which took place at Eko Hotel and Suites witnessed amazing performances from talented acts as well a Nigerian celebrities turning up in style.
Teni and Falz were some of the big winners of the night. While Teni won four awards, for Best Vocal performance (female), Best recording of the year, best pop single and Headies viewers choice awards, Falz bagged three awards for best rap singer, best rap album and album of the year awards.
Top 20 Most Viewed Nigerian Music Videos Of The Decade
The decade in view is between January 1, 2010 and December 31, 2019.
1. Fall by Davido (153 million views): The song is the biggest cross-over Nigerian pop song ever. It charted on Billboard’s digital airplay chart. The weirdness is how the song began charting in the US two years after its release. Cardi B also leaked an unreleased remix to the song.
2.Way Maker by Sinach (136 million views): This is the biggest Nigerian cross-over song ever. It is sung in churches across the world and performed by Kanye West’s Sunday Service Choir.
3.Pana by Tekno (116 million views): In 2016, this song was huge in the US – especially the major cities. Ebro Darden confirmed it in a chat with Davido on Ebro In The Morning circa 2018.
4.Johnny by Yemi Alade (111 million views): This was the biggest pop song by a female Nigerian artist in the past decade. It also catapulted Yemi Alade into superstardom.
5.Mad Over You by Runtown (98 million views): This was the song that defined an entire era of Nigerian music. This era was the heavy Ghana-influenced sound of 2016. It was also the biggest song of 2016.
6. If by Davido (97 million views): ‘Fall’ might have been the biggest cross-over song from Davido’s immense 2017 run, but ‘IF’ started that run.
7. Personally by P-Square (95 million views): This was one of the final mega hits of P Square’s run.
8. Do Like That by Korede Bello (89 million views): A surprise on the list, considering it’s not even close to being Bello’s biggest song.
9. Come Closer by Wizkid (86 million views): This was the second collaboration between Wizkid and Drake. The song was slightly lukewarm in Nigeria, but it was a pivotal part of ‘afrobeats to the world.’
10. On The Low by Burna Boy (85 million views): After Burna’s run with his sixth studio project, Outside, this was his follow-up single and boy, did it blow up?
11.Kontrol by Maleek Berry (76 million views): Despite Maleek Berry’s 2017 run, this is another surprise on the list.
12.Collabo by P-Square (75.5 million views): This was a power collaboration in Nigerian music. Don Jazzy ran a hook with longtime pals, P Square. They were also dramatic in the music video – three men obsessing over a beautiful woman.
13. Bank Alert by P-Square (75.3 million views): This was another one of the final hits P Square had.
14. FIA by Davido (71 million views): In Nigeria, this was arguably Davido’s biggest hit of 2017 – it was as if the song stayed true to its title. Upon release, it went nuclear.
15. Shekini by P-Square (70 million views): This is P Square’s third entrance on the list.
16. Duro by Tekno (68.7 million views): This was the second song on Tekno’s immense 2016 run.
17.I Know Who I Am by Sinach (68.5 million views): This was the Nigerian gospel song of 2015 – everywhere, people make noise.
18. Soco by Wizkid (62 million views): After a fairly lukewarm 2017, Wizkid returned with a bang of bangs. ‘Soco’ was arguably Nigeria’s song of the year for 2018.
19. Aye by Davido (58 million views): This is Davido’s fourth entry on the list.
20.Only You Jesus by Ada (56 million views): The third gospel song on this list.
Davido Goes To Church With Crew
Nigerian music super star, David Adeleke popularly known by his stage name ‘Davido’ recently left many social media visors impressed after he attended church with his cousin, B – Red and his crew.
For many super stars, time is often a luxury with their busy schedule and many confess to not having enough free time to even spend sometimes with their God in their places of worship.
However, Davido proved one can never be too busy for God when he attended church with his boys. He took to his instastory to share videos from his time spent praising and worshipping God in a church.
It was only a few months ago when he proved himself a man who takes his spiritual life seriously as he left social media buzzing with excitement with a video from the naming ceremony of his son on which he was praying for his new born son and fiancée Chioma.
In the video, the ‘Risky’ crooner can be heard thanking God for their lives and for keeping himself and Chioma together as they have known each other since he was 18 years.
He prayed that his son will grow to become a better man and achieve move than he has done.
Meanwhile, the singer has shared some of the goals he intends to achieve in 2020. According to him, he will be adding to his collection of luxury properties, buy new cars, houses and private jets.
The music star also shared a video on his instagram page in which he was spotted with wealthy business mogul, Soso Soberekon who handed him some foreign currencies which the singer sprayed around the living room.
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