Nigeria’s music industry, particularly its hip-hop scene, is one of the most vibrant and influential globally. The country’s top rappers have not only gained international acclaim for their musical talents but have also amassed substantial wealth through their careers and various business ventures. Here’s a look at the top ten richest rappers in Nigeria, highlighting their estimated net worths and the sources of their wealth.
1. M.I Abaga – $8 Million
M.I Abaga, known for his profound lyrics and impactful songs, is considered one of the pioneers of Afrobeat hip-hop. With an estimated net worth of $8 million, his wealth comes from his music sales, successful albums, and his role as a producer and executive in the music industry.
2. Olamide – $7 Million
Olamide, often called “Baddo,” is one of the most prolific rappers in Nigeria. His net worth of $7 million has been fueled by his vast music catalog, his record label YBNL Nation, and numerous endorsements and business ventures.
3. Phyno – $6 Million
Known for rapping in the Igbo language, Phyno has a unique style that has earned him a net worth of $6 million. His income sources include his music career, record production, and several high-profile endorsements.
4. Falz – $4.5 Million
Falz the Bahd Guy, with his distinctive style combining comedic elements with deep social commentary, has a net worth of $4.5 million. He is not only a successful rapper but also an actor and a legal practitioner, which diversifies his income streams.
5. Ice Prince – $4 Million
Ice Prince gained fame with his hit “Oleku,” and has since built a net worth of $4 million. His success spans music sales, performances, and endorsements, along with his role as a vice president of Chocolate City, a major Nigerian record label.
6. Reminisce – $3 Million
Reminisce, also known as “Alaga Ibile,” is a prominent figure in the Nigerian music scene with a net worth of $3 million. He has made his mark with a combination of Yoruba and English raps, substantial music sales, and brand endorsements.
7. Ycee – $1.5 Million
Ycee, known for his hit “Jagaban,” has quickly risen in the industry with an estimated net worth of $1.5 million. His wealth comes from his music career, tours, and brand deals.
8. Vector – $1.2 Million
Vector the Viper has established himself as one of Nigeria’s finest lyricists, with a net worth of $1.2 million. His income is primarily derived from music sales, performances, and various endorsements.
9. D’banj – $1 Million
While predominantly known for his afrobeat music, D’banj has ventured into the rap genre and has seen considerable success. His net worth of $1 million also includes earnings from his business ventures in the entertainment and technology sectors.
10. Illbliss – $900,000
Illbliss, who has been in the industry for several years, commands a net worth of $900,000. Known as “Oga Boss,” his earnings stem from his music career, his role as a music executive, and endorsements.
These rappers are not only successful in their musical careers but have also become influential figures in Nigerian pop culture and business, showing the lucrative possibilities within the African music industry. Their achievements reflect their innovative approaches to both music and entrepreneurship.
