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Top Young,Rich Rulers Of Naija Music

Posted by Tyler on October 2, 2013 in AUDIO · 85 Comments


A new generation of artistes are rocking the entertainment scene and smiling to the bank, JAYNE AUGOYE reports

A wind of change is currently blowing across the music industry in Nigeria. A new order championed by young, vibrant and talented artistes has emerged. Rather than curse the day that their children decided to embrace a career in music instead of education, the parents of these wave-making artistes are pleased with the success they have achieved.

Today, the young artistes are giving the older and established stars a run for their money. These new-wave superstars now rub shoulders with the same artistes whom they once looked up to or chose as role models.

Apart from competing with the ‘old guards’ in terms of income and expenditure, they are often nominated for major music awards in similar categories.

Multinationals and telecommunications outfits, as well as other major events sponsors, have realised that the younger generation of music artistes represent the future of entertainment in Nigeria. With a good number of them aged between 20 and 25 years and a few others barely clocking 30, the sky seems to be the limit.

Many of the emerging stars are not just rich; they flaunt their wealth at every given opportunity. It seems that the rewards for their modest efforts at making many Nigerians happy are without limit and they always come in the form of luxury mansions, sold-out concerts, huge fan base, state-of-the-art cars, bestselling albums, multi-million naira endorsement deals, chattered flights, big budget videos, custom-made outfits, ‘bling bling’ and generous airplay on terrestrial TV stations.

Usually dressed in sagging pairs of trousers with expensive jewellery around their necks, many of them charge as much as N1.5m to mime to their songs for only 10 minutes at wedding parties or concerts. Many of them had to drop out of school to pursue a career in music.

E-Punch presents six young music stars that have taken the music scene by storm.


At 23, Ayodeji Ibrahim Balogun, a.k.a Wizkid, leads the pack. A string of endorsement deals, including one from MTN, has placed him on the list of big earning music artistes in Nigeria. At present, he is the highest paid Pepsi Ambassador in Africa and he lives in a N140m choice home in Lekki, Lagos.

Wizkid’s personal cars include a N14.6million Porsche Panamera, Rolls Royce, N10m BMW X6, N6million blue Volkswagen convertible and a Hyndai Sonata.

The talented singer, songwriter and performer has emerged one of Nigeria’s hottest music acts, seven years after he broke into the Nigerian music scene. The last child in a family of six, Wizkid began to sing at the age of 11. Like new wine, his performance matured with age. His talent has taken him to different parts of the world and seen him perform alongside world class artistes, such as Chris Brown, Akon, and Young Jeezy, and Kardinal Official.

The young man’s fortunes improved in 2012, a few months after he released his Superstar album. As expected, his rating soared in the same year and he was named the second most influential Nigerian artiste on Twitter, an enviable position which clearly reflected his growing popularity.

Wizkid’s position on the African music chart was further justified after he made it to the Channel O/Forbes List of Bankable African Artistes. Mentioned alongside big weights like Don Jazzy, Psquare, D’banj, he was placed ahead of Tuface Idibia, on the list. Early in the year, he threw a free appreciation party for his fans at the New African Shrine.  He has the BET, MTV, Channel O, Ghana Music Awards to his credit.


Olamide Adedeji, aka Badoo, has succeeded in filling the vacuum created by the death of rap sensation, Dagrin. The alternative rapper, who has redefined the word Razz as the new cool, has been dubbed the ‘king of the streets. He recently signed a multimillion naira endorsement deal with the makers of  Ciroc Ultra Premium vodka.

For the self acclaimed ‘Voice of the Street’, who grew up in the Bariga area of Lagos, fame did not come cheap.  He fell in love with rap music at a tender age and was always visiting renowned producer ID Cabasa’s music studio in his school uniform.

Today, Olamide hobnobs with some of the industry big names, especially D’banj. Pictures of both artistes surfaced online and their close relationship gave room to speculation that he had been signed on to the seld-styled Koko Master’s record label.

The rapper’s hit songs comprise Jale, Street Love, Jesu O kola, Durosoke, Stupid Love, First of All and Ilefo Illuminati. His forthcoming album titled ‘Baddest Guy Ever Liveth’ will be released in October.

Today, the 24-year-old star acquired a brand new 2013 Range Rover Sport. He also topped the winners list at the 2013 Nigerian Entertainments Awards in New York, US, with three awards.

Ice Prince

Twenty-six-year-old Ice Prince lives like a true superstar. A proud owner of a 2010 model of Bentley GT, a Range Rover SUV, among many others, the Chocolate City Records ‘golden boy’ is also a BET Awards winner. Since his first single ‘Oleku’ was released, he has witnessed a meteoric rise to the top.

He gained international recognition after beating 2face Idibia to the Best International Act Award at the BET Awards. He recently relocated from his apartment in Palm Groove Estate, Lagos to a bigger apartment in the Ogudu area, after completing a mansion in his hometown, Jos. The buzz around him got louder after he appeared in Yvonne Nelson’s ‘House of Gold’ alongside Ghanaian actor, Majid Michael.

Dammy Krane

At 19, this 2face Idibia protégé is the youngest of the pack. He hit the limelight after signing on 2face’s Hypertek Records in 2012. He started singing when he was eight years-old in the toddlers’ choir in church. By the time he clocked 11, he was already a back-up singer for other artistes. His mum, who is currently based in the US, manages a number of Fuji artistes.

Long before he put out an official single, music video, or inked a record deal, he had over 4,000 followers on twitter. With his hit singles, My Dear and Ligali, the artiste known for his melodic voice, engaging lyrics and exciting genre of alternative music has collaborated with the biggest names in the industry.

Burna Boy

Burna Boy made newspaper headlines after reports emerged that he sold the marketing rights to his debut album, ‘Leaving an impact for eternity’ for N10m to popular Alaba music and movie marketer, Uba Pacific.

The album is also said to have made a record sale of 40,000 units on the day of its release.

The singer has the backing of his grandfather, Benson Idonije, who was the manager of the late Afrobeat legend, Fela Kuti.

Burna Boy officially broke into the music industry in December 2010 when he moved back to Nigeria from London and has remained a household name in Port-Harcourt. But, it wasn’t until June, 2012, when he made a cross-over to the Lagos music scene with his mid-tempo Summer Jam, Like to Party. He is a Globacom Ambassador.


At 20, David Adeleke, popularly known as Davido, is one of the most popular young artistes in Nigeria.  The singer drew the attention of millions of music fans when he introduced himself as Omo baba olowo in his hit song titled Dami duro. Translated from Yoruba to English language, it means ‘son of a rich man’.

Davido, whose father, Dr. Deji Adeleke, is the chairman of Keplo-Pacific Energy Pacific, a company that is involved in banking, steel, power and energy, found his way to the top as if with the snap of a finger.

The youngster, who is not afraid to boast about his father’s wealth, always causes a stir on Twitter with his controversial tweets.

So far, he has won some international awards and performed at various shows within and outside the country. He is also the face of MTN Pulse.

Davido’s personal collection of exotic cars comprise a silver 2012 Honda Accord, a 2012 Hyundai Sonata, which he won for being ‘Next Rated’ at the 2012 Headies, a N12m 2012 Audi Q7, N17m Chevrolet Camaro and a N21m Mercedes Benz G55 AMG, his fifth car since he shot to fame last year.


Surfing through the net today i came across this article written by the Entertainment section of the PUNCH newspaper , 5 Young Artistes cashing out BIG time now in the industry ( well i think Dammy Krane on this list is a mistake #justsaying.

Read and Share your thoughts.

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82 total comments on this postSubmit yours
  1. Lool Tyler is mean .. True thou dammy Krane on this list is just not right .. Where is Iyanya?

  2. where is d biggest boy? Banga-lee,(D'Banj),Whr is banky "W"?

  3. Dammy keep pushing one day you'll be more wealthly than 2baba ur founder..

  4. they are talking about young artist that is smiling to d bank not top paid artist.

  5. wizkid is no1 nd davido is no6 so nobody should ever compare both of dem…+teeMee u're a dumbass..dy said young..range of (20-25)..and ure askin whre'z dbanj and banky w..diz list iz so OK by me jo.

    • nigga this is just a list..its not in the order of their wealth..davido is richer than all of them for sure…

  6. Creamy L

  7. Dammy for the girls,keep moving ma bro #OneLove

  8. any body can just wake up and decide to write rubbish wetin tu face do una way em matter plenty 4 una mouth, foolish tooxclusive, una work na to upload links of music make I download music no be to creat una own forbe list, rubbish, creating beef na em on

  9. Ikenna

  10. Not Neccessary

  11. For me the list is jez rubbish davido is bigger than all of you

  12. Some pple i.q low ehn i no knw if dem dey tink @ all… Aw u go compare davido nd wizkid for (music) money…. Nd as for dammy live am cos if u no am u no go knw….

  13. …..

  14. Stop asking for banga**lee and banky…. Read well they said top young rich naw…. Nwayz good good ama make the list soonest… #Stay•Tuned

  15. diz list na mess..oa wizkid won tak get money pass davido wu won borow ham

  16. Mk una get sense davido papa money no b davido money wiz earns more

  17. Nig ent industry is realy growin o, c al dis peeps of yesterday makin waves. Sha pray God go make u bigger

    • The First real post… Na u get sense pass… D list just makes perfect sense… I just dont agree with the arrangement tho… buh it makes a lotta sense…

  18. Guys guys chill dis list is just tooxclusive sh*t ice prince z on d list for top 10 bankable african artiste…now tell me ow on earth will olamide b in no 2 n ice prince below??just tink about it….Tooxclusive abeg dey tink b4 u post shit for US…imagine dammy krane n burna bot dey top DAVIDO 4 were?

  19. Langa lee

  20. Gangster lee

  21. Nigerians and english the said Young 2face and dbanj na small boiz for your eye, English Did the said the listed them in the order of there wealth. Use Your brain B4 You Post nonsense

  22. It's just for young artist! Not overall. Always try to read headlines very well before you comment.

  23. It's just for young artist! Not overall. Always try to read headlines very well before you comment.

  24. Itz Bashyir Baybii ON FACEBOOK

  25. dammy krane should b included, coz of d age. they'r al youngstars on d list. gus1

  26. Nigerians wif dia waala d list mae it clear already dat 5young nt old beside its ut an odinary list fa wy una come dey argue like pikin!grow up guys.

  27. Let me confuse u guyz d more….dammy is less dan 20 n ice is more dan 25

  28. check the cars whizkid and davido both acquired the u go no say davido and whizkiz no be mate….. davido is ballin

  29. Dose criticising are not matured enuff, why can't you guys just shut d@ ur stinking gutter and grow up #nonsense

  30. people can be so annoying sha, cos Davido boasts of his wealth doesn't make him Richer dan wizzy. Nigerians think cos ur Fadaz wealth isn't urs until hez dead o. Wizzy Earns more

  31. Dnt kno wen u guys wl mature oooo! D list iz nt in oda nd d headlyn wri10 yung artiste, so stop arguin nonsens nd grow up DUMBHEADS!!!

  32. Its Ola Tonez

  33. Lolz, WTF? How's it possible tha may d ayt on dis list n he owns a house of 100 n wtever n U????? put dt keren boi der, hv U????? guys flipped ur mind… #Rehab

  34. Can you read at all??????

  35. are you high? how old is iyanya??? *heavy sigh

  36. they weren't ranked…it's just top 6!!!

  37. This list na bullshit,which kind davido get pass wizzy,voice davido no get,money e no reach,dat small pikin,differnce dey,even for their babes wizzy babe bad pass

  38. loool yhu guyz should keep commenting. yall funny dou

  39. kindly read d headline, nd morover dey r not ranked

  40. am so proud 2 be a musician,,,,,,,wich means none of u can ever give me a fucking wrong list. am just trying 2 be me d 2rut searcher. so take note,,,,,,,,davido is richer,biger and money father dan wizkid……..hook dat in ur mind

  41. @amyoungwilfred

  42. Wow……how comz…..dey didn't write SlimStino..??? Wel I think itz bcos SlimStino money ken only b compared with Dangote money !!!

  43. re u guys writin dis article tryin 2tel me dat weezzy is richer dan 2face?dats u ve d slightest idea on how long 2face has been at d top…pls naija shud learN 2 respect legends….2face's name shud nt evn cum up on dis shit..

  44. Bethel


  46. As for me Davido is the best in town

  47. cross ur road alone stop carin sum1 along

  48. I think the list is complete…. It clearly states “Top Young Artists” in Nigeria (20-25) so I don’t know what y’all are arguing about!

  49. Some guys are jez spitin out shyt especially 1 da called himself d… Wateva if u re not blind nd dumb hw can u say davido is richer dan wizkid mayb u re talkin abt dere papa money sha cos here we talk on d money dey mak themselves not dere papa money

  50. wizkid is d richest

    • person way talk say wizkid na d best no get sense,abi u ur head no correct,y e b say na only sing e sabi sing finish waytin wizzy sabi,jxt tink of all orda pple way b musician lyk ice prince,davido,m.i.tuface.and so many ordas,or u won use don jazzy compare wizzy.don jazzy does iz tinz in a kul nd matured way nd dats wot makes him a boss ova wizzy.wizzy iz stil learn bt iz gud nd talented

  51. U guy’s take it or leave it wizzy more richer than davido and far better than davido in terms of music so stop saying trash!

  52. with all dis yet people are suffering nawa o

  53. u guyz r funi oo,imagin u pple r arguein abt pples wealth nd u dnt even hv urs,stp wastein ur tym nd airtym nd tink of hw too beta ur life,davido u r gud nd u r a special gift frm God,u r talented nd u r highly favoured,i love u dear nd my family wishes u d best in all wot u do.wizzy baby u r gud nd kip movin bt b careful nd put God first in anytin u do.

  54. To me I think wizkid nd davido ar gud, bt weezy z best wen it cumz to audio nd davido rockz in video,davido flauntz his dadz cash bt weezy makes it himself! If nt 4 davido’s fada’s wealth,davido culd hv stil b a back up singer!

  55. Dis lyf sha u dnt need 2 competite any body together just competite ur self wit ur destiny ok Davido is richest Wizkid is popularity that’s they own destiny u’ve 2 pray 4 ur own destiny ok… Dis is my advice 4 all of us include me…..

  56. :(Dis lyf sha u dnt need 2 competite any body together just competite ur self wit ur destiny ok Davido is richest Wizkid is popularity that’s they own destiny u’ve 2 pray 4 ur own destiny ok… Dis is my advice 4 all of us include me…..

  57. David is more richer than wizzzy not his father money let us say the truth

    • Shut up!!! Jare, wat do U????? know? Wizkid is alleged to be the fifth richest musician in nigeria, ur talkin about davido, the eleventh, person in forbes list…..bla bla bla is what U????? guys know, don’t hate or despise any of them, there are both good in music, plus there didn’t start music thesame time so don’t compare them in such manner……..always say the truth

  58. wizzy gt moni pas davido na only if u da talk abt papa moni

  59. Dammy Krane on this list is a mistake anyway stop talking shit my guy wizzy is handsome,he got more swag nd money pass than davido

    • Dont compare wizkid to davido are you ok dont u know that wizkid is more talented to davido davido is a bag of nonsense while wizkid is the real man wizkid nomind them u deymake me krase

    • Dont compare wizkid to davido are you ok dont u know that wizkid is more talented to davido davido is a bag of nonsense while wizkid is the real man wizkid nomind them u deymake me krase

  60. How much dem de carry wizkid for show and how much dem de carry davido for show?…..think about wizkid endorsement deals…..una de think so? who de compare with and David, ur brain block. …..go do some washing and setting. …

  61. Davido ur gud,best,richer,hansom,brilint,dan Wizkid.

  62. Wizkid is d best talented singer, no dully!don’t sleep on a bicycle

  63. Davido is richer wu implicate wizkid father nt 2 be as rich as davido’s. Its just part of jealousy. Up david na u sure pass

  64. Nobody shuld. Even try 2 compare wiskid 2 davido cos is visible d. Blind dt wiskid. Is richer in nig richest musican wizzy came 5th while davido came 11th so dt settle it let’s nt talk abt ur fathers wealth rader let’s talk abt ur ownwealth!

  65. you guys are making noise here of what use is the comparisim? pals life na per head

  66. They both of them are gud,but wizkid is richer dan davido

  67. Papa money or no papa money,davido is d best,i lyk him muzik style pass wizkid,wizkid dey shoot music videos lyk small piking,wizkid na learner..davido all d way

  68. i luv both olamide badoo , davido nd wiz kid but olamide song is corrupting people while wiz kid is singing about luv so i luv both

  69. I luv all buh davido best i luv him 4 evrytin swags,black handsome,speakings,muzik,i luv evrytin abt him OBO keep it up i will always vote u


  70. Wizkid Get Every Tinx Pass Olamide And Davido,na Moni U Won Talk Or Handsome ,singing,to All Novice Nd Ametuer Wey No Sabi Anytin Abt Music Wey Dey Shout Say Olamide Nd Davido B D Best Na Lie Make U Go Confirm It, STARBOY U DEY ON TOP JARE,MAKE U KIP IT UP, LUV U.

  71. Wizkid u ar d best. Me I dnt like olamide

  72. obo n ayo are d best but I love davido d best…he never forget bout african style nd eba…lol

  73. how dull are pple dere talking abt young boix some fools are asking for dbanj and dem old guys….some pple are just too dull

  74. how dull are pple dere talking abt young boix some fools are asking for dbanj and dem old guys….some pple are just too dull….dull fools

  75. Unw dey mad

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