Meet The Richest Musicians and Entertainers In Nigeria

Date: 16-07-2011 1:41 am (10 years ago) | Author: Daniel Bosai
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- at 16-07-2011 01:41 AM (10 years ago)
Online (m)
Don Jazzy–Michael Enebeli, also known as Don Jazzy, is the founder of Mo’Hits. Reputed to be one of the best and most sought after producers, showbiz-savvy Nigerians don’t refer to him as a music producer but THE music producer. At age five, Don Jazzy already had eyes for the microphone, the music console and was always in the studio. He was a member of Good Morning Kids, a group created by his father.

Don Jazzy is known for his business dexterity. Little wonder he successfully built Mo’Hits from scratch to become one of the biggest entertainment empires in the country. He recently signed a recording deal with international superstar, Kanye West – a move that not only boosted his reputation as an entertainer, but also his wealth.



- Tuface–Born Innocent Idibia, the former member of the band, Plantashun Boyz, is said to be among the richest artistes in the industry. With two platinum records in his kitty, Tuface is speculated to be worth about N550m. It comes as no surprise as he has had endorsement deals with brands like Guinness, which earned him N20m and Airtel, which earned him N22m this year. He was also said to have earned N30m from the producers of Phat Girls movie, and charges between N4m and N5m depending on the show. The artiste has invested heavily in real estate and stocks, where he earns big bucks. He once said he was set to recover all the wealth taken from Africa.




BANKY W – Also known as Mr. Capable, Banky W has proved to Nigerians that he is capable of being among the richest entertainers in the industry. He makes the bulk of his wealth from gigs. He is said to charge between N2.5m and N3m per show and performs three to four times in a week. He is a brand ambassador of Estisalat, one of Nigeria’s telecommunications giants, where he featured in their popular commercial, 0809ja for life. He also featured in Coca Cola-Nigeria’s World Cup theme song and Microsoft’s Anti-cyber Crime Initiative. Banky W is an entrepreneur and has invested heavily in businesses that are fetching him good money. As a philanthropist, he founded the Mr. Capable Foundation, where he provides tuition fees for indigent and brilliant students.


D’banj– Popularly known as the Kokomaster or Mr. Endowed, D’Banj is one artiste that has a penchant for making money. D’Banj certainly has a passion for business. Apart from music, Mr. Endowed has other businesses, which include Koko Mansion, a TV reality show, Koko Lounge, an upscale hangout in Lagos and UK, Koko Foundation, a charity and the recently-launched Koko Mobile under his label christened, Koko. The bulk of his money comes from endorsements – his endorsement deal with Globacom telecommunications cost N70m. He has a multimillion naira endorsement with an energy drink, Power Fist; a deal with the makers of Virgin Colour soft drink; and another multi-million naira deal with a popular jeweller. He has a deal running into millions with Chris Aire, as the face of his watches and another one with UAC Foods. He collects between N5m and N7m as performance fee for local gigs; $80,000 to $150,000 for African shows; £40,000 to £60,000 for UK shows; and $50,000 to $60,000 for American shows. Like his boss, Don Jazzy, D’banj also bagged a recording deal with Kanye West’s G.O.O.D Music; this will not only boost his career, but also the fee he attracts. D’Banj once said, “I work hard so that money, awards, endorsements, bookings and kokolets chase me.”




P- Square – The singing and dancing duo, Peter and Paul Okoye, are unarguably among the richest in the industry. They won the KORA award for Best Africa Artiste 2010. The award came with $1m (N150m). Shortly after, the duo got an endorsement deal with Globacom telecommunications worth about N240m for four years. The hip-hop artistes had one of their greatest international gigs last year. Their American tour of seven cities earned them a whopping $1m (N150m). After a misunderstanding with their landlord, the duo built a house they named Squareville in the same neighbourhood. The house, which they completed in less than six months, is valued at N300m. They own Rayfield Hotel, Jos, and two multi-million naira factories in the same city, where they built a multimillion naira bakery and sachet water companies for their dad and mum, among other investments. The bulk of their wealth comes from concerts, especially in Africa. The duo have sold above 14 million copies of their CDs since 2005. They are said to charge about N2m per show.


Goldie Harvey – Although she entered the industry recently, Goldie has been ranked among the richest artistes in the industry. The sexy singer has some tracks currently enjoying goodplay on the airwaves.


Seen on: the sun


Posted: at 16-07-2011 01:41 AM (10 years ago) | Hero
- saintkevin at 16-07-2011 02:13 AM (10 years ago)
(m)
Coollieeeeeeee.
Posted: at 16-07-2011 02:13 AM (10 years ago) | Upcoming
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- saintkevin at 16-07-2011 02:15 AM (10 years ago)
(m)
God help me to be as richer as Psquare.
Posted: at 16-07-2011 02:15 AM (10 years ago) | Upcoming
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- stoptrouble at 16-07-2011 02:30 AM (10 years ago)
(m)
what about my guy na timaya, na waoo
Posted: at 16-07-2011 02:30 AM (10 years ago) | Newbie
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- mimibre at 16-07-2011 03:59 AM (10 years ago)
(f)
Quote from: stoptrouble on 16-07-2011 02:30 AM
what about my guy na timaya, na waoo
which timaya? Timaya is stil a smal kid, o ka bu obele nwa! He's stil growin small, small. E never reach dat stage now!
Posted: at 16-07-2011 03:59 AM (10 years ago) | Gistmaniac
Reply
- lomec at 16-07-2011 04:07 AM (10 years ago)
(m)
PLEASE WHO IS GOLDIE HARVEY...SHE GAT NO MOUTH....I DNT HER....abeg joo!!!
Posted: at 16-07-2011 04:07 AM (10 years ago) | Newbie
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- mimibre at 16-07-2011 04:12 AM (10 years ago)
(f)
kudos to my sweet brothers PSQUARE!!! Thank God they really made it to dis level, N may God contiune to bless abundantly. Amen! D richest hmmmm thank God.
Posted: at 16-07-2011 04:12 AM (10 years ago) | Gistmaniac
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- okwas at 16-07-2011 04:19 AM (10 years ago)
(m)
WHAT OF ME LOL?
Posted: at 16-07-2011 04:19 AM (10 years ago) | Upcoming
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- dogodajiabuja at 16-07-2011 04:25 AM (10 years ago)
(m)
abeg this harvey girl, na her Bosom  she take deh make d money?
wetin remain make the nipples come out?
this world don spoil finish!
old mama!
Posted: at 16-07-2011 04:25 AM (10 years ago) | Upcoming
Reply
- shaoyang at 16-07-2011 04:29 AM (10 years ago)
(m)
Kidnappers are taking note anyway Shocked
Posted: at 16-07-2011 04:29 AM (10 years ago) | Gistmaniac
Reply
- mimibre at 16-07-2011 04:32 AM (10 years ago)
(f)
how on did goldie get into dis list? who be goldie sef wetin em achieve 4 here! She just started singin last year 2010. I had dat they cal her Nigerian Diva n Nigeria lady gaga. Which  kind stupidity is dat. does  people cal her Diva, know wat Diva means? Abeg she's not a Diva n wel never be one. Cos shes not worth it. If they cal her lady gaga dat one is gud, cos lady gaga doesn't no how to sing talk more of beauty. Lady gaga is only kinda beautiful when she paint's her face. So kudos if people cals her lady gaga! But she ain't suppose to be on dis list.   
Posted: at 16-07-2011 04:32 AM (10 years ago) | Gistmaniac
Reply
- mimibre at 16-07-2011 04:41 AM (10 years ago)
(f)
Quote from: dogodajiabuja on 16-07-2011 04:25 AM
abeg this harvey girl, na her Bosom  she take deh make d money?
wetin remain make the nipples come out?
this world don spoil finish!
old mama!

hahahahaha! Grin Grin Grin U wan make goldie a.k.a old mama vex?
Posted: at 16-07-2011 04:41 AM (10 years ago) | Gistmaniac
Reply
- mimibre at 16-07-2011 04:52 AM (10 years ago)
(f)
Quote from: dogodajiabuja on 16-07-2011 04:25 AM
abeg this harvey girl, na her Bosom  she take deh make d money?
wetin remain make the nipples come out?
this world don spoil finish!
old mama!

hahahahaha! Grin Grin Grin U wan make goldie a.k.a old mama vex?
Quote from: mimibre on 16-07-2011 04:32 AM
how on earth did goldie get into dis list? who be goldie sef wetin em achieve 4 here! She just started singin last year 2010. I had dat they cal her Nigerian Diva n Nigeria lady gaga. Which  kind stupidity is dat. does  people cal her Diva,do they know wat Diva means? Abeg she's not a Diva n wel never be one. Cos shes not worth it. If they cal her lady gaga dat one is gud, cos lady gaga doesn't no how to sing. talk more of beauty. Lady gaga is only kinda beautiful when she paint's her face. So kudos if people cals her lady gaga! But she ain't suppose to be on dis list.  
Posted: at 16-07-2011 04:52 AM (10 years ago) | Gistmaniac
Reply
- sammy999 at 16-07-2011 04:57 AM (10 years ago)
(m)
these guys have really made money on a naija level but if not for the fact that our money (ie naira) is worthless these guys would have been phyuking rich. just imagine if they had made their money in dollar or pounds. so all the years tuface has been singing he has amassed just 550 million naira when my little boy tinnie tempah is who started singing yesterday is worth at least 3 million pounds (750 million naira). who the hell destroyed the value of the naira
Posted: at 16-07-2011 04:57 AM (10 years ago) | Upcoming
Reply
- mimibre at 16-07-2011 05:03 AM (10 years ago)
(f)
Quote from: shaoyang on 16-07-2011 04:29 AM
Kidnappers are taking note anyway Shocked
u be one? Or u wan join dem? Hahahahahahaha!! Grin Grin Grin Grin Grin
Posted: at 16-07-2011 05:03 AM (10 years ago) | Gistmaniac
Reply
- sammy999 at 16-07-2011 05:08 AM (10 years ago)
(m)
i have been hearing that this goldie is rich so how the hell did she make her money is it drugs? cos it definitely aint from music and the same goes to don jazzy he was rich before going into the music business
Posted: at 16-07-2011 05:08 AM (10 years ago) | Upcoming
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- mimibre at 16-07-2011 05:11 AM (10 years ago)
(f)
Quote from: mimibre on 16-07-2011 05:03 AM
Quote from: shaoyang on 16-07-2011 04:29 AM
Kidnappers are taking note anyway Shocked
Are u one of dem? Or u wan join dem? Hahahahahahaha!! Grin Grin Grin Grin Grin
Posted: at 16-07-2011 05:11 AM (10 years ago) | Gistmaniac
Reply
- feyee at 16-07-2011 05:15 AM (10 years ago)
(f)
 Cheesy Cheesy Cheesy Cheesy Cool Cool Cool Cool Cool
Posted: at 16-07-2011 05:15 AM (10 years ago) | Upcoming
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- proly at 16-07-2011 05:19 AM (10 years ago)
(f)
yeh u guyz re doin doin great job down there
Posted: at 16-07-2011 05:19 AM (10 years ago) | Hero
Reply
- jerry2tobias at 16-07-2011 05:51 AM (10 years ago)
(m)
we are all rich in the Lord.we are all rich in the Lord.

Posted: at 16-07-2011 05:51 AM (10 years ago) | Newbie
Reply
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