10 Richest Celebrity In Nigeria 2020 & Their Net Worth

Top Ten Richest Celebrity In Nigeria 2020

In our previous posts, we listed the top actors in Nigeria and their net worth. This time, we are going to list the current richest celebrities in Nigeria at the moment who through their performances and popularity has seen their fortune skyrocket due to endorsement deals, assets, collaborations and their brand worth.

richest musician in nigeria

These top biggest earners in the Nigerian entertainment industry isn’t limited to the male gender alone as top richest actresses in Nigeria like Genevieve Nnnaji and Kate Henshaw made the list.

Also, the likes of popular Nigerian musicians like 2Face, P-square and Wizkid made the list of celebrities who are rich in Nigeria for 2020.

In this post, we list out the 10 richest celebrities in Nigeria and their net worth in no particular order.

1. P-Square Net Worth $55 million

Nigerian twins, P-square were one of the richest musicians in Nigeria in 2018. The twin stars Peter and Paul Okoye are also the richest twins in Africa currently. Over the years, their songs have been rated among the top 100 reigning African songs of the decade.

Although the duo have split, they still command wealth as their assets and businesses plus the money they still make from their various music ensures that they can never be poor.

P-square endorsement deals and investments (including properties in the U.S. and elsewhere, a Lagos mansion worth some N400 million, a fleet of cars. It was rumoured that they owned a private jet.

They also make a lot of cash from live performances and music sales, with their CD sales estimated at some 15 million units sold.

2. TuFace Idibia Net Worth N600 million

TuBaba is a popular music celebrity and was listed among the best performing artistes in he country for 2020. He was among the popular Plantashun Boyz before they split and went solo.

Today, he is the richest solo entertainer in Nigeria. Tu Face net worth is estimated at N600 million. He also has endorsements deals with top Nigerian firms like Guinness and Airtel,

3. Genevieve Nnaji Net Worth N550 million

Although, she has not been seen on screen for some time, it may surprise you to know that Genevieve Nnaji holds the record of the Nigerian richest celebrity with the highest endorsement deals.

Deals with brands like Amstel Malta, Lux, Polo, Etisalat, e.t.c has seen her earn her spot among Nollywood’s highest earners.

She bought a N220 million mansion in Ikoyi Lagos and also owns a clothing line, St Genevieve.

4. D’Banj Net Worth $7 million

He is also known as the “Kokomaster”. He was formerly with MOHITS Records before he signed a deal with Kanye West’s G.O.O.D. Music in 2011.

He is a Nigerian celebrity with his style compared to that of Fela. He has various endorsement deals and also makes money from his music album sales.

5. Don Jazzy Net Worth $10 million

Don Jazzy is currently the richest music producer in Nigeria and the CEO of Mavin Records.

One of his popular hit songs is ‘Dorobucci’ is one of the latest songs in Nigeria.

His home is said to be worth N100 million and it is rumoured that he owns cars worth N50 million.

6. Davido Net Worth $15 million

He is one of Nigeria’s young richest musician. He was born into a wealthy family. His songs are among the popular songs in Nigeria.

He also has endorsement deals worth millions of Naira from mobile company like Infinix.

7. Banky W Net Worth $6 million

Banky W makes most of his money from his performances, where he charges between N2.4 million ($15,800) and N3 million ($19,000) per gig and regularly plays three to four times a week.

He’s also a brand ambassador for Nigerian telecom giant MTN, and was featured in Coca Cola-Nigeria’s World Cup theme song and Microsoft’s Anti-cyber Crime Initiative. He’s also CEO of EME Music, one of the top record labels in Nigeria.

8. Wizkid Net Worth $12 million

The baby-faced artiste’s has some major deals with MTN, Pepsi, and a deal with Guinness. He owns a N150 million home in Lekki, and has a few high-end cars, which he likely pays for with the N3 million to N6 million he charges per concert.

He recently revealed things he wished for on social media which were studio time with Beyonce, Rihanna and Nicki Minaj and a private jet encrusted with gold. We hope Wizkid gets his wishes.

9. Kate Henshaw Net Worth $7 million

Also on the list of wealthy Nigerian celebrities is popular Nollywood actress, Kate Henshaw. She is reported to own three buildings and various other properties around Nigeria.

She is a Glo ambassador and the face of food-seasoning company Onga. She recently ventured into politics where she contested for an Honourable member for Akwa Ibom State house, although she lost at the primaries we are hopeful she will try again.

10. Iyanya Net Worth $4.5 million

Last on the list of top 10 richest celebrities in Nigeria 2020 is Iyanya. The Cross River singer who is a proud owner of a N30 million Aston Martin has a N60 million endorsement deal with MTN, as well as an agreement with mobile phone manufacturer Solo Mobile.

He also just recently signed a multi-million naira deal with online electronics mall YUDALA.

Others are Olamide, Davido, Don Jazzy and Tiwa Savage


The Author

Chizoba Ikenwa

Ikenwa Chizoba is the founder and head of the research team at Nigerian Infofinder. He is also an experienced journalist, web designer, content creator and SEO specialist.

Leave a Reply

Your email address will not be published. Required fields are marked *