7 Richest Yoruba Musicians in Nigeria
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Entertainment Business - July 6, 2023

7 Richest Yoruba Musicians in Nigeria

Nigeria has a list of Yoruba musicians who have not only conquered the charts but have also amassed staggering wealth along the way. 

These musicians have been celebrated for garnering significant fortune through their enchanting sounds. As they continue to create magic with their music within and outside the country, their stories serve as an inspiration to many young talents.

Join us as we explore the melodies and achievements of these Yoruba musicians and how they are captivating the hearts of millions across the world. Let’s dive in.


David Adeleke popularly known as Davido is an Afrobeats sensation, whose music has been streamed more than 2 million times. Davido who has 30 million followers across Instagram and TikTok has been predicted to earn over $20 million in 2023.

With an estimated networth of over $90 million, Davido who is currently on a “Timeless” Tour across cities around the world is expected to serenade fans at Toyota Center, Houston, TX, United States on the 7th of July, 2023. The “Dami Duro” crooner will also shut down Credit Union 1 Arena, Chicago, IL, United States on the 8th of July, 2023.


As one of the richest Yoruba musicians, Ayodeji Ibrahim Balogun’s wealth allows him to own a private jet and a multi-million house in Surulere. Wizkid who recently performed at the Essence Festival of Culture is a prominent figure in the Afrobeats music scene.

Wizkid is also known as one of Nigeria’s R&B cross acts who has worked with Drake, Skepta and Chris Brown. Wizkid boasts an estimated $70 million networth.


Damini Ebunoluwa Ogulu is another rich musician from the Yoruba clan who is currently at the centre of the global exportation of Nigerian music. Popularly known as BurnaBoy, Damini has won the hearts of listeners across the country with his impressive stagemanship.

BurnaBoy who recently premiered an unreleased single “Sitting on Top of The World” at the 32nd birthday reception hosted in his honour has an estimated networth of $40 million.

The “Common Person” crooner performed at the Champions League Final in Istanbul and also recently won the award for Best International Act at the 2023 BET Awards.


Oladapo Daniel Oyebanjo has been a prominent figure in the Nigerian music industry for over a decade. D’banj who is known for his energetic performances and infectious tunes have amassed substantial wealth through his music sales, endorsement deals, and ventures in various industries.

Popularly referred to as the “Koko Master”, Dbanj who lost his only son in a similar incident as Davido, has an estimated net worth of $30 million. 


Olamide Gbenga Adedeji has derived his wealth from music sales, endorsement deals with top brands, and his record label, YBNL Nation. Fondly referred to as “Baddo” by his fans, Olamide has consistently delivered chart-topping albums and hit singles.

His unique rap style and indigenous Yoruba lyrics have given him so much recognition both locally and internationally. His networth has been estimated to be $21 million.

Tiwa Savage

Tiwatope Savage’s enchanting voice and electrifying performances have earned her a place as the queen of Afrobeat. Tiwa started off as backup vocals for American artists like George Michael and Mary J.Blige.

The Afrobeats queen generates her $9 million net worth from record sales, show performance, online streaming and brand endorsement for company brands like MTN, Twisco, Maggi and Techno. 

Tiwa who made a historic performance at King Charles III coronation ceremony said, “It was beautiful [to perform for the King]. It was such an amazing moment to represent the Commonwealth and to be on that stage. I was nervous, I will say the first few seconds. But as soon as I started singing, I said, ‘I have to just get swept away by the crowd’.”


Simisola Bolatito Kosoko is also one of the richest Yoruba musicians in the country whose $2 million networth is the sum of her album sales, endorsements, and sold-out concerts. 

The soulful songstress has won the hearts of many with her heartfelt lyrics and relatable melodies. Credited with the mixing and mastering of Adekunle Gold’s debut studio album, Simi also derives her income from her record label, Studio Brat and clothing line BLC.

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