The Music and Entertainment industry is one of the best things that happened to the sleeping giant called Nigeria.
Besides the oil & gas sector, the entertainment industry is about the most viable sector of our economy.
Our dear Nigerian musicians have been doing us proud and they make several millions to show for their hard work.
In this post, we will be giving a rough analysis and ranking of the top 10 RICHEST musicians in Nigeria.
The figures of their net worth are drawn from cumulative wealth, gig fee, endorsements and probable investments by these artists.
In the last calendar year, some of our top artists have been able to rake in loads of money for themselves and we would hence rank the big top 10.
10. Flavour / Olamide
Contemporary highlife king Flavour and street mafia Olamide are tied for the tenth position in the ranking of top 10 RICHEST Nigerian musicians.
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 also charges quite a huge fee for shows, the Bariga born artist runs a yearly tour across UK, Europe, and America. He is a Hennessy & Glo ambassador and CEO of digital TV channel VOTS (Voice of the street).
The estimated net worth of both Flavour and Olamide is pegged at around N3.2 billion.
9. Banky W
Olubankole Wellington is an all round boss and he has the money to show for it.
A big status of his changed last year when Mr. Capable said bye bye to bachelorhood as he married actress Adesua 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 dived into acting, film production, event host, and public speaking. His estimated net worth is put to be around N3.5 billion.