Davido, Wizkid: 10 Most Bankable Artists Of 2018

Following current enormous endorsement deals bagged by some Nigerian artists, THE WHISTLER has reviewed top ten stars considered the most bankable artists of the year 2018 based on their endorsement signings.

These musicians made 2017 an enjoyable and memorable year for us by giving us back to back hits, and yes, of course, it is happening again 2018.

However, we all know that the way Nigerian musicians make money is through endorsements, media reports, sales on iTunes, Income from shows and tours, YouTube views, Etc.

In this post, I will list the current Top 10 richest musicians in Nigeria this year based on their performance in 2017/2018.

Davido

Number one considered richest and bankable musician in Nigeria according to Forbes is Davido with an estimated net worth of N20 billion.

David Adedeji Adeleke popularly known as Davido is currently one of the richest musicians in the Nigerian music industry right now.

Davido has been having a great year, all his songs have been topping the charts, and steady winning awards, and he also has been enjoying endorsement deals worth millions of Naira.

Adeleke has won several awards in 2017/2018, the award includes, the headies Award for best pop single 2018, Bet Award for Best International Act 2018, Nigerian Entertainment Award for Afro-pop 2017, MTV Europe Music Award for best African Artiste 2017, The headies Award for Song of the year 2018, Nigerian Entertainment Award for Best singer 2017 and the headies Award for Artiste of the year 2018.

He has also bagged huge endorsements from Infinix telephone brand, international deodorant company AXE etc.

Wizkid

Ayodeji Ibrahim Balogun popularly known as Wizkid or Starboy is one of the considered richest Nigerian artistes.

He is currently making waves internationally and features top international artist such as Drake. With a performance fee of N12 million in Nigeria Wizkid charges more outside the country.

He has since founded his own record label known as Starboy records. He has big-time endorsement deals with Globacom and Pepsi. According to Forbes, his net worth is about N20 billion.

Don Jazzy

The boss of Mavin Records, Michael Collins Ajereh better known as Don Jazzy is considered one of the richest and bankable musicians in Nigeria.

He is estimated to be worth N17 billion by Forbes.

In 2017 he made the Forbes list as the number four richest African musician alongside Wizkid and Davido.

Don jazzy made some money from projecting some of his artists like Tiwa Savage, Reekado Banks and Koredo Bello. Apart from that he also enjoys lucrative endorsement deals from Global Brand alcoholic drink, Johnnie Walker, Loya Milk, MTN Etc which is estimated to be worth millions.

D’banj

Oladapo Daniel Oyebanjo known as D’banj is not as popular as he used to be during the days of MOHITS Crew which had Don Jazzy at the helm of affairs then.

Oyebanjo’s fortune is placed at N16 billion according to Forbes. He charges the sum of N5 million for shows and events.

In 2017, D’banj has had endorsement deals with Power Fist, Chris Aire, UAC Foods, Virgin Colour, BOI, Glo, Hennessy, ONE Campaign, Ciroc, Apple, Heritage Bank, SLOT Limited, HiTV, GT Bank, Malibu Rum, the highest for an African Artist.

2Face (Innocent Idibia)

Innocent Ujah Idibia popularly called 2face or 2Baba is one of the considered richest Nigerian artistes.

He has been at the top of the rich list of African artist for so long a time. His most popular song “African Queen” made him the first African artist to win an MTV award.

2Baba personal record label is known as “Hypertech”. With a number of other businesses and endorsement deals, Idibia net worth is placed at N15 billion according to Forbes. Surprisingly though, he charges a fee of about N2.5 million for his gigs.

Paul & Peter Okoye (Psquare)

Paul Okoye and Peter Okoye (P Square) were once the richest Nigerian musicians but have been overtaken in recent times. This is majorly due to their breakup.

The Duo Current worth is estimated around N8 billion each according to Forbes. They are known to have a number of other businesses, lands, cars and houses both within the country and beyond as well as multiple endorsement deals.

Timaya

Inetimi Alfred Odon known as Timaya is one of the richest Nigerian musicians with net worth placed at N7 billion based on Forbes estimation.

If you’ll want to have Timaya at your show you have to cough out a staggering N8 million. He has endorsement deals with Hennessey and Glo running into millions of naira.

Banky W

Occupying the number 8 spot is Olubankole Wellington professionally known as Banky W. His net worth is said to be N6 billion according to Forbes.

He gave Wizkid his first break into the Nigerian music scene. He is best loved for his series of romantic songs.

He is a brand ambassador to a number of big organizations and has recently ventured into acting featuring in the record-breaking and award-winning movie – Wedding Party 1 and 2.

Phyno

Azubuike Nelson Chibuzor, known by his stage name Phyno has been on top of the game for some years now.

Phyno is currently the best Igbo rapper in the country. This hip-hop artist has won many awards in recent time. In the process building a reputation that is a mountain to beat.

He is lavishly rich and has a number of bank-breaking endorsement deals.

Phyno has lots of investments in real estate and other lucrative businesses. He charges N2.5 million to N3 million per show. His net worth is estimated to be N5.5 billion.

Olamide

Olamide Adedeji, known by his stage name Olamide is the tenth on the list of richest musicians in Nigeria according to Forbes. He has released a lot of hit tracks which has topped the charts in Nigeria on various occasions.

He is the Founder and CEO of his own record label which is also one of the most popular record labels in the country known as YBNL Nation.

Olamide has sold more than 40 million copies of his album globally. He has released some hit songs such as Melo Melo, Story for the gods, Wo!, Lagos boys etc.

Much of his wealth comes from his collaboration with other artists. He has personal businesses and is also a brand ambassador for a number of national brands.

He recently signed an endorsement deal to the tune of 30 million naira with Ciroc. Guinness Nigeria had to part with the sum of 80 million naira for his services while 9mobile signed him as one of their ambassadors for the sum of 50 million naira. He charges between N3 million to N5 million per show. His net worth is estimated to be N5 Billion.