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Among which the likes of Tiwa savage, Korede Bello, Reekado Banks e.t.c have prospered under. He is reported to charge about N500,000 or more to produce a song which explains how he makes his money.
He has signed various endorsement deals that worth millions of Naira.
One of the best male singers in the country at the moment is 2face whose real name is Innocent Ujah Idibia.
He was part of the defunct plantashun boiz and had been the richest musician in Nigeria and Africa for so many years before the likes of youngest artiste Davido and Wizkid ursuped his position.
He co-founded Mo’ Hits Records in 2004 which saw the likes of super stars D’Banj, Wande coal etc excel under him.
Nigerian musicians are making waves this new year in the music industry and much is being said regarding their wealth.
Davido recently bought a private jet which cost him N9.7billion.
He also bought a N45 million car for his current girl friend, Chioma.
Wizkid has cars, mansions in various countries plus other investment, businesses and assets.
He charges 5 million Naira per show and has an estimated net worth of million according to Forbes.
You hardly see him feature on adverts, so we can’t say if he has any endorsement deals.