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Top 10 Richest Musicians & Entertainers In Nigeria


Top 10 Richest Musicians & Entertainers In Nigeria

Don Jazzy of Mohits records

Saturday July 16, 2011

Don Jazzy – Michael Enebeli, also known as Don Jazzy, is the founder of Mo’Hits. Reputed to be one of the best and most sought after producers, showbiz-savvy Nigerians don’t refer to him as a music producer but THE music producer. At age five, Don Jazzy already had eyes for the microphone, the music console and was always in the studio. He was a member of Good Morning Kids, a group created by his father. Don Jazzy is known for his business dexterity. Little wonder he successfully built Mo’Hits from scratch to become one of the biggest entertainment empires in the country. He recently signed a recording deal with international superstar, Kanye West – a move that not only boosted his reputation as an entertainer, but also his wealth.


2Face Idibia – Born Innocent Idibia, the former member of the band, Plantashun Boyz, is said to be among the richest artistes in the industry. With two platinum records in his kitty, Tuface is speculated to be worth about N550m. It comes as no surprise as he has had endorsement deals with brands like Guinness, which earned him N20m and Airtel, which earned him N22m this year. He was also said to have earned N30m from the producers of Phat Girls movie, and charges between N4m and N5m depending on the show. The artiste has invested heavily in real estate and stocks, where he earns big bucks. He once said he was set to recover all the wealth taken from Africa.



BANKY W – Also known as Mr. Capable, Banky W has proved to Nigerians that he is capable of being among the richest entertainers in the industry. He makes the bulk of his wealth from gigs. He is said to charge between N2.5m and N3m per show and performs three to four times in a week. He is a brand ambassador of Estisalat, one of Nigeria’s telecommunications giants, where he featured in their popular commercial, 0809ja for life. He also featured in Coca Cola-Nigeria’s World Cup theme song and Microsoft’s Anti-cyber Crime Initiative. Banky W is an entrepreneur and has invested heavily in businesses that are fetching him good money. As a philanthropist, he founded the Mr. Capable Foundation, where he provides tuition fees for indigent and brilliant students.


D’banj– Popularly known as the Kokomaster or Mr. Endowed, D’Banj is one artiste that has a penchant for making money. D’Banj certainly has a passion for business. Apart from music, Mr. Endowed has other businesses, which include Koko Mansion, a TV reality show, Koko Lounge, an upscale hangout in Lagos and UK, Koko Foundation, a charity and the recently-launched Koko Mobile under his label christened, Koko. The bulk of his money comes from endorsements – his endorsement deal with Globacom telecommunications cost N70m. He has a multimillion naira endorsement with an energy drink, Power Fist; a deal with the makers of Virgin Colour soft drink; and another multi-million naira deal with a popular jeweller. He has a deal running into millions with Chris Aire, as the face of his watches and another one with UAC Foods. He collects between N5m and N7m as performance fee for local gigs; $80,000 to $150,000 for African shows; £40,000 to £60,000 for UK shows; and $50,000 to $60,000 for American shows. Like his boss, Don Jazzy, D’banj also bagged a recording deal with Kanye West’s G.O.O.D Music; this will not only boost his career, but also the fee he attracts. D’Banj once said, “I work hard so that money, awards, endorsements, bookings and kokolets chase me.”


P- Square – The singing and dancing duo, Peter and Paul Okoye, are unarguably among the richest in the industry. They won the KORA award for Best Africa Artiste 2010. The award came with $1m (N150m). Shortly after, the duo got an endorsement deal with Globacom telecommunications worth about N240m for four years. The hip-hop artistes had one of their greatest international gigs last year. Their American tour of seven cities earned them a whopping $1m (N150m). After a misunderstanding with their landlord, the duo built a house they named Squareville in the same neighbourhood. The house, which they completed in less than six months, is valued at N300m. They own Rayfield Hotel, Jos, and two multi-million naira factories in the same city, where they built a multimillion naira bakery and sachet water companies for their dad and mum, among other investments. The bulk of their wealth comes from concerts, especially in Africa. The duo has sold above 14 million copies of their CDs since 2005. They are said to charge about N2m per show.


Goldie – Although she entered the industry recently, Goldie has been ranked among the richest artistes in the industry. The sexy singer has some tracks currently enjoying good play on the airwaves.



  1. TumeeWES

    June 27, 2012 at 12:10 PM

    I luv dat 2face of a guy. He is d richest, dont ever dispute dat.

  2. azubike izunna

    June 30, 2012 at 10:17 AM

    I love u 2face and banky

  3. Tosmond90

    July 12, 2012 at 11:59 AM

    Up ppppppp-square I luv U guyz dey’re just diff in d music industry, dey’re highly recognise and strong. Guyz dis guyz’re 2 much. Keep it up

  4. 2cent

    July 15, 2012 at 2:09 AM

    Guy 4get p man is my guy i luv dm n i hop 1 de me 2 wll be as dm,frm grass 2 gress,am hapy 4 dm,am just lukin 4 sporsur,am on d game,i huv 2 tracks nw,1 day by day ,2222 alway gat a hop,if u wll help me God wll bless u n it wll be 5o 5o if i sel it if u wll help or connect me wit any purpula supr star dis my no ***** ,i luv d man 2baba don j n w marstr luv wiskid n nw 1 day it wll be me 2cent luv u are

  5. ademolu oluwaseun

    July 26, 2012 at 8:44 PM

    2face is my mentol but P.square is my favourite.

  6. Akintunde ridwan olayinka

    July 29, 2012 at 11:27 PM

    As 4 me o.Tuface,dbanj,don jazzy,p square.i dont knw of d rest

  7. Kenice Dpm

    August 8, 2012 at 12:17 AM

    I thank God 4 dem?

  8. aligaji

    August 22, 2012 at 10:26 PM

    goldie hv to make the list bcos she is sellin in terms of shows dan any other female artiste in naija, mind u she is also datin a dubia billionaire

  9. twest

    September 3, 2012 at 3:42 AM

    infact if were 2 arrange it nw.2face,d banj.p square don jaz.banky nd odas nd pls who is d richest among davido and wizkid

  10. Sam Pete

    September 3, 2012 at 9:06 AM

    am so happy for all of u guys…

  11. Odeleye olalekan

    September 5, 2012 at 2:13 PM

    P’square is d best among equals i luv dem imagine dey living in 300milion ville & also but private jet who else can do dat nobody i luv u guys cos ur music is so sweet & diff 4rom othes.

  12. Emeka Ebonugwo

    September 5, 2012 at 2:41 PM

    my nym must be dia, while lets wait til 2013 by God grace.

  13. Bobo Wizy

    September 11, 2012 at 4:08 PM

    am proud of u guys u make Nigerien to be happy every day with u good music.

  14. Harjhorse Tundhey Phemmy

    September 14, 2012 at 8:38 PM

    Am proud of u guyz, u guz re great. Keep it up.

  15. Adewale Adeyemi

    September 20, 2012 at 9:26 PM

    I. lov koko master.

  16. lucky

    September 20, 2012 at 9:32 PM

    let say the truth d bang is there richest presently

  17. mark

    September 26, 2012 at 4:14 PM

    I agree with every other rating but please what is goldie doing there? Cos I seem not to understand her she got that gut

  18. Godwin Iyke

    September 27, 2012 at 9:44 PM

    as long as we live am coming to make a history in the industry… am SirIyke by name South African Nigeria artist. Respect to those on top.

  19. timileyin

    October 13, 2012 at 11:26 AM

    i love that but they should shop the girl of the richesh.

  20. Spizy p

    October 15, 2012 at 10:37 PM

    Pls where is ma brother 9ice

  21. pope

    October 27, 2012 at 10:51 AM

    Goldie have been financially superb b4 she entered the industry. So don’t think this finding is not accurate. Asa is definitely above goldie in music but she is below goldie financially.

  22. yanky

    November 14, 2012 at 1:20 PM

    Am shockd by dis rating, u dnt combine producers lyk don jazzy wit i rate mine lyk dis,2face,dbanj,psquare,kc presh,olu maintain den banky

  23. Spykidz

    November 17, 2012 at 1:46 PM

    Without asking anybody we should know dat p.square is d richest

  24. Spykidz

    November 17, 2012 at 1:50 PM

    We should al know dat p.square is d richest

  25. prince edu

    December 5, 2012 at 3:57 AM

    am happy for d.banj

  26. rado

    December 18, 2012 at 11:20 AM

    2face na baba…..i hail him oooo…..2much moned…………don’t u knw dat 2face is not belong 2 any where…..he is 1 and only

  27. Adinive Ammanuel Itemba

    December 24, 2012 at 9:56 AM

    am very surprse this,how manage Psquare become the richest waiting happen to 2face and D,bang

  28. Ba p

    December 27, 2012 at 10:36 AM

    D’banj is my favourite artist

  29. Balotelli

    January 9, 2013 at 8:36 AM

    Na…p square be d richest,dbanj,davido,bankyw…kc presh nd olamide

  30. Rufus kayode

    January 10, 2013 at 12:57 PM

    Wooow!Psquare dis guys ar too too much men!!”psquare is bk again”

  31. Olayemi

    February 1, 2013 at 11:22 AM

    I tink 2baba z no1 while dbanj z no2,psquare z no3,bankyw z no4 bt i dont agree wif goldie @ all

  32. Sobowale sodiq

    February 16, 2013 at 2:57 PM

    I pray 4 olamide 2 be like d banj

  33. Adebusola taofeek

    February 22, 2013 at 7:59 AM

    Wad up pple

  34. bashir sarhid

    February 25, 2013 at 1:44 PM

    who iz d riches between dbanj nd victor moses

  35. ekwoge wilky

    March 16, 2013 at 9:36 AM

    i did like p square

  36. Okodabi_lateef

    March 28, 2013 at 6:58 PM

    Goldie and Asa can not be rate together because they both have their area of specialization…………but as for me i love GOLDIE because she looks more marketable and attractive in the face of all and sundry___{}

  37. conerstone

    November 22, 2014 at 2:49 PM

    I CNT believe DAT of bank and dbanj, dbanj is richer Dan banky

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