TheAfricanmedia have compiled a list of the top 10 richest Nigerian musicians in 2021, and some of your favourite made the list.
Nigerian musicians have some of the most enviable luxury lifestyles in Africa.
These artists live the best life we could ever dream of right before our eyes.
The list takes into consideration each artist’s music catalogue, booking fee, endorsement, and other investments.
See list of the Top 10 Richest Nigerian Musicians 2021 Below;
1. Wizkid Net Worth – $29 million
Starboy Entertainment boss Wizkid is about the richest musician in Nigeria as of 2021.
Let’s break down a rough evaluation of Wizkid’s net worth.
Wizkid has the highest booking fee for any African artist.
He charges as much as $250,000 as his booking fee outside of Nigeria, especially in Europe and America.
You will have to be very rich to have Wizkid perform at a private event for you.
Besides his booking fee, the Starboy is a brand ambassador to several multinational companies and corporations.
He is currently a brand ambassador for Puma & JD Sports, this deal was announced back in 2020 worth hundreds of millions in Naira.
He is currently the official brand face for United Bank for Africa (UBA).
His UBA deal was reportedly valued at over $3 million.
Popular phone manufacturers Tecno also have Wizkid as their brand ambassador.
There are other brands he is also repping like the Ciroc etc.
Aside from the money made from ambassadorial deals and partnerships, Wizkid’s music catalogue is worth millions of dollars.
With over 250 million streams on his fourth studio album ‘Made in Lagos’, the singer is raking in millions from music streaming platforms from this album alone.
He also has some other investments which are too numerous to mention.
Wizkid’s net worth is placed at around $29 million