The Nigeria music industry is the number one music industry in Africa and has been generating millions of dollar for Nigeria music artist especially the male artists who are fond of flaunting their wealth on expensive assets. You might be wondering are their counter also rich and if so how rich are they. Yes Nigeria female musician are rich, although not as rich as they male counterpart.
The criteria of this list is based on Forbes valuation, how much you charge per show or concert, number of endorsement deal and their worth, your assets such as houses, clothing, cars, and jewelries.
In this article we going to list the richest female musicians in Nigeria 2020 and their net worth in particular order.
Nneka is German based Nigeria singer, rapper, songwriter and actress. She was born on 24th December 1980 in Warri, Delta State, Nigeria. She moved to Germany at the Age of 19 to further her education. Nneka gain public attention after performing as an opening act for Sean Paul at Hamburg in 2004. She sings in English, Igbo and Nigerian pidgin.
Net worth of Nneka
Nneka is number ten on our list of top ten richest female musicians in Nigeria 2020 with an estimated net worth of $1.4m
Niniola finished third runner-up in the sixth edition of MTN project fame West Africa. Released her debut single Ibadi on the 19th of March 2014 produced by Sarz, the song received positive critical reviews, topped the national chart, and gained exclusive air-play. In 2017 Niniola released a Sarz produced song titled Maradona which became a global hit. The song Maradona earned her a BET Award and a SAMA nomination, since she has gone to receive nods from international music heavyweights such as Drake, Timbaland and many more. In 2019 elements of her single Maradona were sampled on Lion King the Gift album by Beyonce on the track Find your way back.
Net worth of Niniola
Niniola is number nine on our list of top ten richest female musicians in Nigeria 2020 with an estimated net worth of $1.7m
Simi began as a member of a local choir in the church. She wrote her first song at the age of ten. Her professional music career started 2008, following the release of her album Ogaju, the album was single-handedly produced by Samklef. She became popular after the release of her song Tiff and jamb question.
Apart from being a singer and songwriter Simi is also a sound engineer, she is credited for mixing and mastering Adekunle gold’s debut album Gold which was released in 2016. Her music style is basically hinged at the rhythm and blues, soul, and Hip Hop. She has signed a lot of endorsement deals which include opera mini, Etisalat(now 9mobile), and many more.
Net worth of Simi
Simi is number eight on our list of top ten richest female musicians in Nigeria 2020 with an estimated net worth of $1.9m
Teniola Akpata simply Reno is the younger sister of Niniola. She released her debut single while signed to Shizzi’s Magic Fingers Record. In 20017 she left the magic finger record label and signed with Dr dolor entertainment. Teni started gaining prominence in 2017 with the release of his single Fargin. She made her breakthrough After releasing the singles Askamaya, Case, and Uyo Meyo.
Askamaya was ranked 15 on MTVBase year-end list of top 20 hottest Nigerian songs in 2018.
Teni has signed a lot of endorsement deals which include; Tom Tom which she signed alongside Phyno, Pepsi, MTN, and many more.
Net worth of Teni
Teni is number seven on our list of top ten richest female musicians in Nigeria 2020 with an estimated net worth of $2m
Asa meet her manager and friend Janet Nwose in 2004, who introduced her to Cobhams Emmanuel Asuquo, who later became the producer of her first studio album Asa (Asha). She was in Paris, France and grew up in Lagos. At the age of 20 she returned to France to study at the IMFP School of Jazz Music. During her school days her teacher told her to go ahead and become a recording artist as she was ready and needed no schooling, back in Nigeria her single Eye Adabe was making wave. Asa signed with naïve record whom he release her first album with, since then Asa has release a number of great hit records. She bagged so many endorsement deal worth millions of naira.
Net worth of Asa
Asa is number six on our list of top ten richest female musicians in Nigeria 2020 with an estimated net worth of $2.3m.
Chidinma rose to fame after winning the 2010 MTN project fame West Africa. She was announced as the winner on the 26th of September 2010, she won a number of prizes including #2.5 million, a 2011 Rav 4 Toyota and a production deal.
Following the release of the music video for her single Emi ni Baller, Chidinma became the first female musician to reach number one on the MTV Base Official Naija Top chart. In 2013 Chidinma signed an endorsement deal with MTN, since then she has been MTN brand ambassador for many years. Her other endorsement deals include Mofped sanitary pads and many more.
Chidinma is not the type that flaunts her expensive lifestyle on social media but she owns a Range Rover sport, in 2018 she built a house for her mother, she also owns a house in Lekki, Lagos where she currently lives.
Net worth of Chidinma
Chidinma is number five on our list of top ten richest female musicians in Nigeria 2020 with an estimated net worth of $3m
Omawumi gained after being the runner up on the West African Idol a reality TV show in 2007, part of the Idol franchise. As an actress, she had a minor role in the movie V-Monolugues, a Hollywood/Nollywood Bongos-Ikwe production, alongside Hakeem Kae Kazeem, Dede Mabiaku, and Ini Edo. She also starred in Funke Akindele’s Return of Jenifa. Omawumi is the brand ambassador of Globacom, Konga, Mortein, lifebuoy, Haier thermocool, Malta Guinness, and many more. She is currently building a house in Lekki worth millions of Naira.
Net worth of Omawumi
Omawumi is number four on our list of top ten richest female musicians in Nigeria 2020 with an estimated net worth of $3.2m
(3) Sheyi Shay
Sheyi Shay is a Nigerian based singer, songwriter, and actress. As a songwriter she wrote and produced three songs for the soundtracks of the Konami video game Crime Life Gang War in 2005, she also wrote You Will See a song that was included on Melanie studio album beautiful intentions in 2005. In November 2018 Sheyi shay signed an endorsement deal with Nigeria telecommunication service providers Etisalat (now 9mobile). Her other endorsement deals include Pepsi, cloud9, Hollandia yogurt, upfront bookings, Gionee, Samsung, and many more. Her expensive cars include a Rolls Royce, Honda SUV among others. She has a multi-million dollar house in Lekki and also in London.
Net worth Sheyi Shay
Sheyi Shay is number three on our list of top ten richest female musicians with an estimated net worth of $3.7m
(2) Yemi Alade
Yemi Alade popularly referred to as Mama Africa is one of the richest female musicians in Nigeria. She gained prominence after winning the peak talent show in 2009. Yemi rose to fame after releasing his debut song Johnny. She is the brand ambassador of close up toothpaste alongside Davido, Yemi is also the brand ambassador of ABC relaxer, Globacom, Hollandia yogurt, brand to blam which is an online jewelry store, and many more.
In July 2019 Yemi Slade became the first African female artist to reach one million YouTube subscribers. The music video of her hit single Johnny currently holds number one as the most-watched much African female music video of all time. Yemi Alade has a multi-million Naira house in Lekki, her expensive cars include BMW S5, Mercedes Benz GL350, Toyota Highlander, Toyota land cruiser, Toyota tundra, Lexus SUV.
Net worth Yemi Alade
Yemi Alade is number two on our list of top ten richest female musicians with an estimated net worth of $5m
(1) Tiwa Savage
Tiwa Savage is known as the queen of afrobeat, in July 2013 she signed an endorsement deal with MTN. Her other endorsement deals include Pepsi, Star Radler, Mega Growth, Pampers, Forte oil, Konga, and many more.
Aside from being a singer, Tiwa Savage is a professional songwriter, she has received songwriting credit from her contributions to Monica’s song Catch Me. She also collaborated with Fantasia on the song “Collard Greens & Cornbread” which earned the American artist a Grammy nomination in 2010.
Her other songwriting credits included Jaicko’s “Oh Yeah”, featuring Snoop Dogg, and Deluna’s “Push Push”, featuring Akon.
Tiwa Savage has her own clothing line “Savage” and has walked a long way for other clothing lines as a celebrity model. She owns a multi-million naira house in Richmond gate, Lekki, Lagos. She has a lot of expensive cars which include Rolls Royce Phantom, Ferrari convertible, white Bentley, and many more.
Net worth Tiwa Savage
Tiwa Savage is number one on our list of top ten richest female musicians with an estimated net worth of $5.5m