Nigeria’s Celebrities Are Making Bank

Cashing in on that extra cheque and having their accounts full.

By  | Sep 23, 2020, 09:15 PM  | Wizkid  | Top of The

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Nigeria’s celebrities have mastered the art of multiple income streams. and their big deals are earning them big bucks.

From their chosen profession, be it singing or acting, then branching out to other ventures and those lucrative endorsement deals, they’re making it rain.

And it’s exciting to see that there are several female entertainers who are also making the big bucks.

See who cracked the nod as Naija’s wealthiest celebrities this year.


Naija’s top musician is also the richest celebrity in the country, with Forbes magazine estimating his wealth at $20 million.

Wizkid, whose real name is Ayodeji Ibrahim Balogun, is signed to the EME record label, where his songs and music is raking in the money and topping the charts.

But he is also the owner and chairman of his own record label, Starboy Music.

And as an ambassador for Glo and Pepsi, Wizkid is living the high life. And that's before he struts his stuff on the runway at Milan Fashion Week alongside his friend Naomi Campbell, for Dolce and Gabbana.
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Funke Akindele

The Nollywood actress, most popularly known for her role in Jenifa, is the top earning Yoruba actress in Nigeria.

With more than 50 acting credits to her name, she is a household name.

And her financial standing increased substantially when she was announced as the brand ambassador for irokotv.

Funke is also one of Naija’s richest Instagram stars, demanding more than $50 000 per post.
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Her net worth is estimated at more than $3 million.


One of the most exciting artists from the past ten years is Davido. Even though he was born into money (his father is the billionaire Deji Adeleke), he made his own money as an award-winning artist.

He is worth an estimated $16 million. Not only does he make his money from his music (his 30 billion dollar concert earned him N500 million), but he also has several businesses and investments.

And as an Instagram influencer, Davido can earn millions from just one post – this is also how he announced that he was having a baby boy with his fiancé, earning his unborn baby an endorsement deal and a paycheck. Imagine that!
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Tiwa Savage

 The first lady of Mavin Records is also the wealthiest female musician in Nigeria.

Tiwa Savage is an award-winning artist, who also owns her own entertainment company, 323 Entertainment.

Her endorsement deals are worth millions of dollars and her net worth is estimated at more than $4 million.
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