Nigerians collectively have a lot of rich artists on the continent but the debate on who actually has the bucks and influence have been lumped into this report backed by statistics so you and your friends can end your debate once and for all.
The list is based on endorsement deals, album sales, investments, houses, cars, and jewelry hence this is a comprehensive list of the richest musicians we have in Nigeria this year.
Most of the total net worth was influenced by their commercial activities in the previous year, such as a loss of value, and those who accumulated more wealth. Before we even delve into the video below that contains all the information, we want to highlight Davido who topped the list.
We all know Davido comes from a very rich background but guess what, the Afrobeat superstar has made it on his own as a musician thanks to his multiple hit songs, endorsement deals, etc.
OBO is always on demand all year round with no breaks in-between. His booking fee goes as high as $200,000 per show.
Over the past few months, Davido has made millions of dollars touring across Africa.In 2020 he kicked off the year with ‘A Good Time’ tour in America, unfortunately, Covid-19 brought an unfortunate end to his tour.
The DMW boss also makes money as a brand ambassador for top companies like Pepsi, Infinix Mobility, etc. He recently joined Fin-Tech company Bitsika as an influencer and shareholder.
As one of the most-streamed Nigerian artists, he makes some very decent money as streaming royalties in the millions of dollars.
Now let’s watch the video;