Economy
Wizkid, Davido top list of 2022 richest musicians in Nigeria – here’s their worth
The Nigerian music industry has, over the years, earned its stripes as not only one of the most popular sectors in the entertainment sector across the world but one with a growing number of fans and also streams.
Ayodeji Ibrahim Balogun (born 16 July 1990), known professionally as Wizkid Net Worth – N9.1 Billion
Singer Ayodeji Ibrahim Balogun proudly known as Wizkid, is a singer and songwriter. The singer began his musical carrier at the age of 11 in a local church near his home, which he later joined a local band called the Glorious Five.
The singer met OJB Jezreel during his struggling days and he became his mentor. He then started visiting Jezreel’s studio watching and learning from the recordings by artists like 2 Face Idibia and Sound Sultan.
He then joins Empire Mates Entertainment (E.M.E) in 2009, and that was the year Wizkid got his big break into the music industry. He was also the first signed under the then-popular record label co-owned by Banky W. He gained his popularity with the release of “Holla at Your Boy”, the song from his debut album “Superstar” in 2010. The song topped the charts in 15 countries making him Nigeria’s most successful pop artist.
Wizkid Endorsement deals
In 2012, Wizkid signed a one-year endorsement deal with Pepsi reportedly worth US$350,000.
He travelled to Beirut, Lebanon, with Tiwa Savage for a Pepsi commercial shoot.
On 28 May 2013, Premium Times reported that Wizkid had signed a one-year deal with MTN Nigeria.
The newspaper also reported that Wizkid’s Pepsi contract was renewed for two more years.
In November 2013, Wizkid signed an endorsement deal with Guinness for the Guinness World of More concert, held at the Eko Convention Centre of the Eko Hotel and Suites on Victoria Island, Lagos.
In June 2015, Pulse Nigeria reported that Wizkid had left MTN and signed a ?128 million deal with GLO.
Wizkid is also a brand ambassador for United Bank for Africa, UBA.
David Adedeji Adeleke, Davido Net Worth is estimated at N15.5 Billion
David Adedeji Adeleke, who is better known as Davido, is an American-born Nigerian singer, songwriter and record producer. Davido was born in Atlanta, US, and raised in Lagos; he made his music debut as a member of the music group KB International.
His 2011 single “Dami Duro” was well-received throughout Nigeria. Along with his elder brother Adewale Adeleke, Davido is the co-owner of HKN Music (a record label home to Sina Rambo, B. Red and DeeKay) which he later left to form his own record label DMW.
The singer went to British International School, Lagos, after which he got admission to study Business Administration at Oakwood University, which he later dropped out to focus on music, but later went back to school and got a degree in Music from Babcock University, Nigeria.
Davido endorsement deals
Davido is one of the most marketable celebrities in Nigeria. And it is for that reason PUMA, 1xBet, Martell, PlaySt,ation, and other trademarks pay him millions in dollars to represent their brand.
The Nigeria star has been in Paris, France touring the avenue Paul Firino Martell Cognac. Martell Cognac appointed label owner and singer Davido as its ambassador to change its strategy to reach younger consumers and push the influence of French culture to Africa.
- Puma
- Martell
- 1xBet
- Wema Bank
- Munct iT
- Viva Plus
- Travelbeta (since 2019)
- Infinix (since 2018)
- AXE Body Spray (since 2018)
- Pepsi (since 2016)
- Close Up (signed in 2014)
- Guinness (signed in 2013)
- MTN (signed in 2012, renewed in 2014)
- Davido signed endorsements deal with Bitsika and Pennek in 2020.
Burna Boy Net Worth – N7.3 Billion
Damini Ebunoluwa Ogulu, known professionally as Burna Boy, is a Nigerian singer, songwriter, rapper and dancer. He rose to prominence in 2012 after releasing “Like to Party”, the lead single from his debut studio album L.I.F.E.
It’s been a busy year for Burna Boy. The Nigerian sensation dropped Twice as Tall in August, but as he was perfecting the final touches on his latest album, Burna Boy who is one of the Richest Musicians In Nigeria currently has an estimated net worth of N7.3 Billion.
Endorsement Deals
- Star larger beer
- Globacom
- Universal Music
- Martell Cognac
Michael Collins Ajereh, known professionally as Don Jazzy, is a Nigerian record producer – Don Jazzy Net Worth – N7.7 billion
The title of a “Don” isn’t one that is answered by all, as the title is befitting for those that are wealthy, rich and upright while some are just been called some are actually living the “Don” life and one of such people is Michael Collins Ajereh popularly called Don Jazzy. It is no doubt that he is one of the richest musicians here in Nigeria and also earned a place in the Forbes list for the richest musician in Africa.
Michael Collins Ajereh AKA Don Jazzy is a Nigerian known for everything music ranging from songwriting, singer to the producer, and even an entrepreneur. Born in Umuahia in Abia state, Michael Collins Ajereh hails from the delta state. His father is an Isoko (A tribe in Delta state) while the mum is a princess from Abia, He was raised in Ajegunle as the family relocated to Lagos.
Endorsement deals
Don Jazzy signed an endorsement deal with Betway in 2020 after the Big Brother Naija show, this deal is said to worth millions of naira.
Don Jazzy also makes huge amount of money from an endorsement deal he signed with V Bank, a legit banking platform in Lagos State.
VFD Microfinance Bank is a dynamic, Lagos-based financial services institution operating in the microfinance banking sector.
Don Jazzy signed a mega advertisement deal with top Nigerian telecommunication firm.
Tiwa Savage born Tiwatope Savage is a Nigerian singer. Born in Isale Eko, Tiwa Savage Net Worth – N5 Billion
Tiwatope Savage popularly known as Tiwa Savage or mummy Jam Jam is a Nigerian singer, songwriter, and actress, born on the 2nd of February 1980 in Isale Eko, she relocated to London when she was 11 years old for her secondary school education. She became backup vocals for American artists such as George Michael and Mary J. Blige. After participating in the UK edition of The X Factor and graduating from Berklee College of Music, Tiwa Savage signed a publishing deal with Sony/ATV Music Publishing in 2009, she saw how rapid the Nigerian music industry growing she was inspired then Tiwa Savage moved back to Nigeria and signed a record with Mavin Records in 2012. She made an appearance on the label’s 2012 compilation album Solar Plexus.
Tiwa savage debut studio album Once Upon a Time was released on 3 July 2013. It was supported by several singles: “Kele Kele Love”, “Love Me (3x)”, “Without My Heart”, “Ife Wa Gbona”, “Folarin”, “Olorun Mi” and “Eminado”. The album was nominated for Best Album of the Year at the 2014 Nigeria Entertainment Awards and for Best R&B/Pop Album at The Headies in 2014. Tiwa Savage’s sophomore studio album R.E.D was released on 19 December 2015. It came out with two singles: “My Darlin” and “Standing Ovation”. In June 2016, Tiwa Savage signed a management and publishing deal with Jayz Roc Nation, In September 2017, she released her debut EP Sugarcane.
Endorsement deals
Smartphone brand, TECNO has announced Tiwa Savage as its latest brand ambassador!
Cadbury, a beverage company.
Pampers, a diaper company.
Glo, a telecommunications network company.
Disclaimer
The information in this article was curated from online sources. NewsWireNGR or its editorial team cannot independently verify all details.
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